Franklin Municipal Opportunities Trust (PMO) Fair Value 2026 — DCF & Multi-Method Analysis | EvidInvest | EvidInvest

PMO — Fair Value Analysis

Franklin Municipal Opportunities Trust

Current: $10.44Undervalued

Fair Value Range

Bear Case (25th pct.)

$13.30

27.4% vs price

Base Case (Median)

$17.05

63.3% vs price

Bull Case (75th pct.)

$18.52

77.4% vs price

$13.30$17.05$18.52

◇ = Current price | |Bear |Base | Bull

Method Breakdown

Method	Est. Value	vs Price	Weight
DCF (Discounted Cash Flow)	$19.98	91.4%	High (40%)
PE Comparable	$9.55	-8.5%	Medium (25%)
Graham Number	$17.05	63.3%	High (80%)

Interpretation

Based on 3 out of 8 methods, PMO appears undervalued at the current price of $10.44. The base case fair value of $17.05 implies 63.3% upside.

Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.