Pioneer High Income Municipal Fund Class Y (HIMYX)

Analysis: Growth Rates Industry: Asset Management - Income Sector: Financial Services Live Price: $5.63

Enterprise Value

Metric / Stat	3Y	5Y	10Y
Stock Price
Avg YoY	-7.17%	-3.46%	-1.11%
Slope	-7.41%	-2.94%	-0.89%
CAGR	-7.19%	-3.59%	-1.21%
LSR	-7.19%	-2.97%	-0.92%
Market Capitalization
Avg YoY	-7.17%	-3.46%	-1.11%
Slope	-7.41%	-2.94%	-0.89%
CAGR	-7.19%	-3.59%	-1.21%
LSR	-7.19%	-2.97%	-0.92%
(-) Cash & Equivalents
Avg YoY	1,232.48%	809.95%	339.50%
Slope	-139.37%	-7.34%	-26.28%
CAGR	-81.01%	-12.43%	-36.76%
LSR	-81.01%	-43.09%	-32.73%
(+) Total Debt
Avg YoY	—	—	—
Slope	150.00%	100.00%	54.55%
CAGR	—	—	—
LSR	—	—	—
Enterprise Value
Avg YoY	-2.01%	-1.16%	0.21%
Slope	-2.08%	-1.06%	-0.26%
CAGR	-2.04%	-1.22%	0.15%
LSR	-2.04%	-1.05%	-0.26%

Income Statement

Metric / Stat	3Y	5Y	10Y
Revenue
Avg YoY	-1.11%	-3.07%	-5.90%
Slope	-1.15%	-3.38%	-6.54%
CAGR	-1.15%	-3.16%	-6.02%
LSR	-1.15%	-3.31%	-6.12%
Gross Profit
Avg YoY	-1.11%	-3.07%	-5.90%
Slope	-1.15%	-3.38%	-6.54%
CAGR	-1.15%	-3.16%	-6.02%
LSR	-1.15%	-3.31%	-6.12%
Gross Margin
Avg YoY	0.00%	0.00%	0.00%
Slope	0.00%	0.00%	0.00%
CAGR	0.00%	0.00%	0.00%
LSR	0.00%	0.00%	0.00%
SG&A Expenses
Avg YoY	-1.47%	-2.20%	-4.30%
Slope	-3.06%	-0.99%	-3.77%
CAGR	-3.22%	-3.08%	-5.05%
LSR	-3.22%	-1.15%	-3.60%
Operating Expenses
Avg YoY	10.82%	70.41%	514.02%
Slope	-29.92%	-4.41%	2.41%
CAGR	-21.67%	17.53%	45.13%
LSR	-21.67%	-0.28%	16.43%
Operating Income (EBIT)
Avg YoY	-0.92%	-3.08%	-5.98%
Slope	-0.93%	-3.65%	-6.83%
CAGR	-0.93%	-3.16%	-6.11%
LSR	-0.93%	-3.56%	-6.38%
Operating Margin
Avg YoY	0.25%	0.00%	-0.09%
Slope	0.23%	-0.25%	-0.27%
CAGR	0.23%	-0.01%	-0.10%
LSR	0.23%	-0.25%	-0.27%
Interest Income
Avg YoY	105.04%	34.66%	244.21%
Slope	59.77%	-10.39%	8.37%
CAGR	71.39%	-1.17%	56.71%
LSR	71.39%	-11.62%	23.31%
Net Interest Income
Avg YoY	105.04%	34.66%	244.21%
Slope	59.77%	-10.39%	8.37%
CAGR	71.39%	-1.17%	56.71%
LSR	71.39%	-11.62%	23.31%
Other Income / Expense
Avg YoY	-8.98%	28.90%	-257.00%
Slope	-1,266.26%	12.00%	8.67%
CAGR	—	—	—
LSR	—	—	—
Unusual Items
Avg YoY	-8.98%	28.90%	-257.00%
Slope	1,266.26%	-12.00%	-8.67%
CAGR	—	19.97%	—
LSR	—	—	—
EBT excl. Unusual
Avg YoY	111.21%	222.76%	14.51%
Slope	-351.64%	32.19%	10.68%
CAGR	—	—	—
LSR	—	—	—
Pre-Tax Income
Avg YoY	-264.71%	-490.28%	-274.84%
Slope	-206.61%	21.99%	-7.31%
CAGR	—	—	—
LSR	—	—	—
Pre-Tax Margin
Avg YoY	-271.71%	-500.16%	-280.75%
Slope	-208.71%	12.44%	-0.96%
CAGR	—	—	—
LSR	—	—	—
Income Tax Expense
Avg YoY	—	—	-100.00%
Slope	—	—	-54.55%
CAGR	—	—	—
LSR	—	—	—
Net Income
Avg YoY	-264.71%	-490.28%	-274.85%
Slope	-206.61%	21.99%	-7.25%
CAGR	—	—	—
LSR	—	—	—
Net Margin
Avg YoY	-271.71%	-500.16%	-280.76%
Slope	-208.71%	12.44%	-0.91%
CAGR	—	—	—
LSR	—	—	—
EBITDA
Avg YoY	-0.92%	-3.08%	-5.98%
Slope	-0.93%	-3.65%	-6.83%
CAGR	-0.93%	-3.16%	-6.11%
LSR	-0.93%	-3.56%	-6.38%
EBITDA Margin
Avg YoY	0.25%	0.00%	-0.09%
Slope	0.23%	-0.25%	-0.27%
CAGR	0.23%	-0.01%	-0.10%
LSR	0.23%	-0.25%	-0.27%
NOPAT
Avg YoY	-0.92%	-3.08%	-5.98%
Slope	-0.93%	-3.65%	-6.83%
CAGR	-0.93%	-3.16%	-6.11%
LSR	-0.93%	-3.56%	-6.38%
NOPAT Margin
Avg YoY	0.25%	0.00%	-0.09%
Slope	0.23%	-0.25%	-0.27%
CAGR	0.23%	-0.01%	-0.10%
LSR	0.23%	-0.25%	-0.27%
Owner's Earnings
Avg YoY	-264.71%	-490.28%	-274.85%
Slope	-206.61%	21.99%	-7.25%
CAGR	—	—	—
LSR	—	—	—
Owner's Earnings Margin
Avg YoY	-271.71%	-500.16%	-280.76%
Slope	-208.71%	12.44%	-0.91%
CAGR	—	—	—
LSR	—	—	—
EPS (Basic)
Avg YoY	-264.71%	-490.28%	-274.85%
Slope	-206.61%	21.99%	-7.25%
CAGR	—	—	—
LSR	—	—	—
EPS (Diluted)
Avg YoY	-264.71%	-490.28%	-274.85%
Slope	-206.61%	21.99%	-7.25%
CAGR	—	—	—
LSR	—	—	—
Shares (Basic)
Avg YoY	0.00%	0.00%	0.00%
Slope	0.00%	0.00%	0.00%
CAGR	0.00%	0.00%	0.00%
LSR	0.00%	0.00%	0.00%
Shares (Diluted)
Avg YoY	0.00%	0.00%	0.00%
Slope	0.00%	0.00%	0.00%
CAGR	0.00%	0.00%	0.00%
LSR	0.00%	0.00%	0.00%

Balance Sheet

Metric / Stat	3Y	5Y	10Y
Cash & Cash Equivalents
Avg YoY	1,232.48%	809.95%	339.50%
Slope	-139.37%	-7.34%	-26.28%
CAGR	-81.01%	-12.43%	-36.76%
LSR	-81.01%	-43.09%	-32.73%
Short-Term Investments
Avg YoY	—	-100.00%	-95.75%
Slope	—	-100.00%	-5.11%
CAGR	—	—	—
LSR	—	—	—
Cash & Short-Term Investments
Avg YoY	1,232.48%	807.83%	342.42%
Slope	-139.37%	-7.53%	-26.11%
CAGR	-81.01%	-13.31%	-36.76%
LSR	-81.01%	-43.55%	-32.82%
Net Receivables
Avg YoY	-5.18%	-7.91%	-5.54%
Slope	-5.31%	-8.44%	-8.19%
CAGR	-5.19%	-7.96%	-6.49%
LSR	-5.19%	-8.00%	-7.93%
Inventory
Avg YoY	—	-100.00%	-95.75%
Slope	—	100.00%	5.11%
CAGR	—	—	—
LSR	—	—	—
Other Current Assets
Avg YoY	1,375.39%	465.20%	266.99%
Slope	140.48%	14.76%	-13.87%
CAGR	—	30.91%	20.20%
LSR	—	—	—
Total Current Assets
Avg YoY	-21.05%	13.37%	-6.21%
Slope	-50.58%	-6.59%	-14.98%
CAGR	-35.78%	-4.35%	-16.32%
LSR	-35.78%	-8.03%	-12.80%
Long-Term Investments
Avg YoY	-9.33%	-3.74%	-4.00%
Slope	-9.73%	-2.90%	-4.38%
CAGR	-9.43%	-5.83%	-5.31%
LSR	-9.43%	-2.67%	-4.21%
Other Non-Current Assets
Avg YoY	-9.33%	-3.74%	-4.00%
Slope	9.73%	2.90%	4.38%
CAGR	—	—	—
LSR	—	—	—
Other Assets
Avg YoY	-44.37%	553.99%	457.10%
Slope	-139.40%	-62.99%	9.28%
CAGR	-84.07%	-65.99%	—
LSR	-84.07%	-60.02%	—
Total Non-Current Assets
Avg YoY	-44.37%	553.99%	457.10%
Slope	-139.40%	-62.99%	9.28%
CAGR	-84.07%	-65.99%	—
LSR	-84.07%	-60.02%	—
Total Assets
Avg YoY	-21.05%	13.35%	-6.21%
Slope	-50.59%	-6.60%	-14.98%
CAGR	-35.79%	-4.37%	-16.32%
LSR	-35.79%	-8.05%	-12.80%
Accounts Payable
Avg YoY	-90.03%	87.51%	61.00%
Slope	-126.00%	-21.40%	-11.44%
CAGR	-94.76%	-71.07%	-48.09%
LSR	-94.76%	-62.00%	-27.18%
Other Current Liabilities
Avg YoY	511.38%	257.31%	114.09%
Slope	88.18%	40.82%	4.46%
CAGR	109.28%	46.98%	8.29%
LSR	109.28%	23.35%	-2.26%
Total Current Liabilities
Avg YoY	-43.38%	79.19%	43.55%
Slope	-89.55%	-11.52%	-9.22%
CAGR	-57.51%	-18.72%	-17.76%
LSR	-57.51%	-14.66%	-9.70%
Long-Term Debt
Avg YoY	-6.93%	-2.73%	-3.12%
Slope	-7.15%	-1.80%	-3.53%
CAGR	-6.95%	-3.93%	-3.80%
LSR	-6.95%	-1.67%	-3.40%
Other Non-Current Liabilities
Avg YoY	-6.93%	-2.73%	-3.12%
Slope	7.15%	1.80%	3.53%
CAGR	—	—	—
LSR	—	—	—
Total Liabilities
Avg YoY	-43.38%	79.19%	43.55%
Slope	-89.55%	-11.52%	-9.22%
CAGR	-57.51%	-18.72%	-17.76%
LSR	-57.51%	-14.66%	-9.70%
Common Stock
Avg YoY	0.14%	0.08%	-0.96%
Slope	0.14%	0.10%	-1.50%
CAGR	0.14%	0.08%	-1.02%
LSR	0.14%	0.10%	-1.47%
Retained Earnings
Avg YoY	27.87%	26.95%	396.04%
Slope	-24.63%	-7.30%	-9.62%
CAGR	—	—	—
LSR	—	—	—
Total Shareholders’ Equity
Avg YoY	-10.65%	-4.01%	-4.99%
Slope	-11.17%	-3.29%	-5.24%
CAGR	-10.76%	-6.33%	-6.47%
LSR	-10.76%	-3.06%	-4.97%
Total Equity
Avg YoY	-10.65%	-4.01%	-4.99%
Slope	-11.17%	-3.29%	-5.24%
CAGR	-10.76%	-6.33%	-6.47%
LSR	-10.76%	-3.06%	-4.97%
Total Liabilities & Equity
Avg YoY	-12.10%	-3.82%	-5.00%
Slope	-12.78%	-3.43%	-5.30%
CAGR	-12.15%	-6.50%	-6.68%
LSR	-12.15%	-3.21%	-5.03%
Tangible Assets
Avg YoY	-21.05%	13.35%	-6.21%
Slope	-50.59%	-6.60%	-14.98%
CAGR	-35.79%	-4.37%	-16.32%
LSR	-35.79%	-8.05%	-12.80%
Tangible Equity
Avg YoY	-10.65%	-4.01%	-4.99%
Slope	-11.17%	-3.29%	-5.24%
CAGR	-10.76%	-6.33%	-6.47%
LSR	-10.76%	-3.06%	-4.97%
Tangible Book Value
Avg YoY	-10.65%	-4.01%	-4.99%
Slope	-11.17%	-3.29%	-5.24%
CAGR	-10.76%	-6.33%	-6.47%
LSR	-10.76%	-3.06%	-4.97%
Total Investments
Avg YoY	-9.33%	-3.74%	-4.00%
Slope	-9.73%	-2.90%	-4.38%
CAGR	-9.43%	-5.84%	-5.31%
LSR	-9.43%	-2.67%	-4.21%
Net Debt
Avg YoY	-1.16%	-3.01%	-0.61%
Slope	-1.44%	-1.63%	-2.43%
CAGR	-1.47%	-3.87%	-1.39%
LSR	-1.47%	-1.45%	-2.39%

Capital Structure

Metric / Stat	3Y	5Y	10Y
Working Capital
Avg YoY	-4.88%	14.50%	-6.88%
Slope	-19.95%	-3.35%	-17.55%
CAGR	-15.98%	4.47%	-15.79%
LSR	-15.98%	-3.13%	-14.31%
Total Capital
Avg YoY	9.68%	6.15%	-0.48%
Slope	8.53%	4.73%	-3.13%
CAGR	8.49%	3.28%	-2.32%
LSR	8.49%	4.81%	-2.93%
Capital Employed
Avg YoY	-9.51%	-3.73%	-4.52%
Slope	-9.92%	-2.91%	-4.74%
CAGR	-9.58%	-5.68%	-5.69%
LSR	-9.58%	-2.71%	-4.52%
Invested Capital
Avg YoY	12.01%	5.86%	0.14%
Slope	11.00%	4.88%	-2.68%
CAGR	11.18%	3.31%	-1.48%
LSR	11.18%	4.93%	-2.59%

Cash Flow

Metric / Stat	3Y	5Y	10Y
Net Income
Avg YoY	-264.71%	-354.74%	-165.28%
Slope	-206.61%	21.99%	-7.31%
CAGR	—	—	—
LSR	—	—	—
Change in Working Capital
Avg YoY	30,098.09%	15,064.32%	6,974.23%
Slope	21.65%	-16.68%	-27.35%
CAGR	15.66%	4.91%	-21.62%
LSR	15.66%	-48.40%	—
Accounts Receivable
Avg YoY	30,098.09%	15,064.32%	6,974.23%
Slope	21.65%	-16.68%	-27.35%
CAGR	15.66%	4.91%	-21.62%
LSR	15.66%	-48.40%	—
Other Non-Cash Items
Avg YoY	244.60%	221.37%	137.47%
Slope	1,043.55%	-12.53%	-8.68%
CAGR	—	33.79%	11.32%
LSR	—	—	—
Net Cash from Operating Activities
Avg YoY	68.93%	52.79%	37.56%
Slope	50.97%	-4.70%	-8.67%
CAGR	64.08%	11.98%	-7.60%
LSR	64.08%	-2.91%	-7.14%
Net Cash from Investing Activities
Avg YoY	100.00%	0.00%	0.00%
Slope	150.00%	-31.37%	-37.91%
CAGR	—	—	—
LSR	—	—	—
Net Dividends Paid
Avg YoY	2.98%	-0.08%	7.03%
Slope	3.03%	-0.28%	9.16%
CAGR	-3.01%	0.01%	-7.70%
LSR	-3.01%	0.28%	-7.98%
Common Dividends Paid
Avg YoY	2.98%	-0.08%	7.03%
Slope	3.03%	-0.28%	9.16%
CAGR	-3.01%	0.01%	-7.70%
LSR	-3.01%	0.28%	-7.98%
Other Financing Activities
Avg YoY	-102.83%	-462.53%	-238.50%
Slope	-589.66%	-2.48%	-6.96%
CAGR	—	—	—
LSR	—	—	—
Net Cash from Financing Activities
Avg YoY	-3,596.31%	-1,808.43%	-800.84%
Slope	-77.29%	-0.56%	7.55%
CAGR	797.41%	11.41%	-2.98%
LSR	797.41%	3.25%	-15.62%
Effect of FX on Cash
Avg YoY	-100.00%	-30.31%	8.72%
Slope	-150.00%	103.40%	115.31%
CAGR	—	—	—
LSR	—	—	—
Net Change in Cash
Avg YoY	-62.89%	539.99%	239.97%
Slope	-578.72%	-915.79%	-65.10%
CAGR	—	—	—
LSR	—	—	—
Cash at Beginning of Period
Avg YoY	120.00%	92.97%	70.75%
Slope	-27.59%	25.02%	-17.33%
CAGR	-92.28%	-65.40%	-47.33%
LSR	-92.28%	-46.20%	-30.89%
Cash at End of Period
Avg YoY	1,232.48%	732.39%	309.72%
Slope	-139.37%	-13.04%	-24.98%
CAGR	-81.01%	-22.73%	-36.76%
LSR	-81.01%	-51.26%	-31.85%
Operating Cash Flow
Avg YoY	68.93%	52.79%	37.56%
Slope	50.97%	-4.70%	-8.67%
CAGR	64.08%	11.98%	-7.60%
LSR	64.08%	-2.91%	-7.14%
Free Cash Flow
Avg YoY	68.93%	52.79%	37.56%
Slope	50.97%	-4.70%	-8.67%
CAGR	64.08%	11.98%	-7.60%
LSR	64.08%	-2.91%	-7.14%

Free Cash Flow

Metric / Stat	3Y	5Y	10Y
Change In Working Capital
Avg YoY	30,098.09%	15,064.32%	6,974.23%
Slope	21.65%	-16.68%	-27.35%
CAGR	15.66%	4.91%	-21.62%
LSR	15.66%	-48.40%	—
Unlevered Free Cash Flow
Avg YoY	-30,098.09%	-15,064.32%	-6,974.23%
Slope	-21.65%	16.68%	27.35%
CAGR	—	—	—
LSR	—	—	—
Net Interest After Taxes
Avg YoY	105.04%	34.66%	257.94%
Slope	59.77%	-10.39%	8.39%
CAGR	71.39%	-1.17%	57.75%
LSR	71.39%	-11.62%	23.71%
Levered Free Cash Flow
Avg YoY	-111.26%	-39.98%	-37.36%
Slope	-56.60%	10.97%	-0.12%
CAGR	—	—	—
LSR	—	—	—