Logo image of RFMZ

RIVERNORTH FLEX MUNI II (RFMZ) Stock Overview

USA - NYSE:RFMZ - US76883Y1073

12.9 USD
-0.01 (-0.08%)
Last: 10/24/2025, 8:04:01 PM
12.9 USD
0 (0%)
After Hours: 10/24/2025, 8:04:01 PM
Fundamental Rating

1

RFMZ gets a fundamental rating of 1 out of 10. The analysis compared the fundamentals against 0 industry peers in the Unkown industry. RFMZ has a bad profitability rating. Also its financial health evaluation is rather negative. RFMZ does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

In the past year RFMZ has reported negative net income.
RFMZ had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: RFMZ reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: RFMZ reported negative operating cash flow in multiple years.
RFMZ Yearly Net Income VS EBIT VS OCF VS FCFRFMZ Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2021 2022 2023 2024 2025 0 -200M -400M -600M

1.2 Ratios

The last Return On Invested Capital (1.33%) for RFMZ is above the 3 year average (1.17%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -2.44%
ROE -4.19%
ROIC 1.33%
ROA(3y)1.75%
ROA(5y)-0.72%
ROE(3y)2.83%
ROE(5y)-2.14%
ROIC(3y)1.17%
ROIC(5y)1%
RFMZ Yearly ROA, ROE, ROICRFMZ Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2021 2022 2023 2024 2025 0 -10 -20

1.3 Margins

In the last couple of years the Operating Margin of RFMZ has declined.
RFMZ's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 36.26%
PM (TTM) N/A
GM 35.63%
OM growth 3Y-8.96%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.43%
GM growth 5YN/A
RFMZ Yearly Profit, Operating, Gross MarginsRFMZ Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2021 2022 2023 2024 2025 0 200 -200 400 -400

0

2. Health

2.1 Basic Checks

The number of shares outstanding for RFMZ remains at a similar level compared to 1 year ago.
Compared to 1 year ago, RFMZ has a worse debt to assets ratio.
RFMZ Yearly Shares OutstandingRFMZ Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 2025 5M 10M 15M 20M
RFMZ Yearly Total Debt VS Total AssetsRFMZ Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2021 2022 2023 2024 2025 200M 400M 600M

2.2 Solvency

Based on the Altman-Z score of 0.69, we must say that RFMZ is in the distress zone and has some risk of bankruptcy.
RFMZ has a debt to FCF ratio of 10.48. This is a negative value and a sign of low solvency as RFMZ would need 10.48 years to pay back of all of its debts.
RFMZ has a Debt/Equity ratio of 0.71. This is a neutral value indicating RFMZ is somewhat dependend on debt financing.
Industry RankSector Rank
Debt/Equity 0.71
Debt/FCF 10.48
Altman-Z 0.69
ROIC/WACCN/A
WACCN/A
RFMZ Yearly LT Debt VS Equity VS FCFRFMZ Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2021 2022 2023 2024 2025 0 200M -200M 400M -400M -600M

2.3 Liquidity

A Current Ratio of 0.63 indicates that RFMZ may have some problems paying its short term obligations.
A Quick Ratio of 0.63 indicates that RFMZ may have some problems paying its short term obligations.
Industry RankSector Rank
Current Ratio 0.63
Quick Ratio 0.63
RFMZ Yearly Current Assets VS Current LiabilitesRFMZ Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M

1

3. Growth

3.1 Past

The earnings per share for RFMZ have decreased strongly by -144.70% in the last year.
RFMZ shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.16%.
Measured over the past years, RFMZ shows a small growth in Revenue. The Revenue has been growing by 6.11% on average per year.
EPS 1Y (TTM)-144.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-217.14%
Revenue 1Y (TTM)10.16%
Revenue growth 3Y6.11%
Revenue growth 5YN/A
Sales Q2Q%0%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
RFMZ Yearly Revenue VS EstimatesRFMZ Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 5M 10M 15M 20M 25M

0

4. Valuation

4.1 Price/Earnings Ratio

RFMZ reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
RFMZ Price Earnings VS Forward Price EarningsRFMZ Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF 13.66
EV/EBITDA N/A
RFMZ Per share dataRFMZ EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

3

5. Dividend

5.1 Amount

RFMZ has a Yearly Dividend Yield of 7.32%, which is a nice return.
RFMZ's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
Industry RankSector Rank
Dividend Yield 7.32%

5.2 History

RFMZ has been paying a dividend for over 5 years, so it has already some track record.
The dividend of RFMZ decreased recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
RFMZ Yearly Dividends per shareRFMZ Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

The earnings of RFMZ are negative and hence is the payout ratio. RFMZ will probably not be able to sustain this dividend level.
DP-174.83%
EPS Next 2YN/A
EPS Next 3YN/A
RFMZ Yearly Income VS Free CF VS DividendRFMZ Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2021 2022 2023 2024 2025 0 -200M -400M -600M

RIVERNORTH FLEX MUNI II

NYSE:RFMZ (10/24/2025, 8:04:01 PM)

After market: 12.9 0 (0%)

12.9

-0.01 (-0.08%)

Chartmill FA Rating
GICS SectorN/A
GICS IndustryGroupN/A
GICS IndustryN/A
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners25.73%
Inst Owner Change0.17%
Ins Owners0.13%
Ins Owner Change1.02%
Market Cap314.12M
Revenue(TTM)27.00M
Net Income(TTM)-14300000
Analysts0
Price TargetN/A
Short Float %0.09%
Short Ratio0.24
Dividend
Industry RankSector Rank
Dividend Yield 7.32%
Yearly Dividend1.04
Dividend Growth(5Y)N/A
DP-174.83%
Div Incr Years1
Div Non Decr Years1
Ex-Date12-15 2025-12-15 (0.0858)
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 11.63
P/FCF 13.66
P/OCF 13.66
P/B 0.92
P/tB 0.92
EV/EBITDA N/A
EPS(TTM)-0.59
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.94
FCFY7.32%
OCF(TTM)0.94
OCFY7.32%
SpS1.11
BVpS13.96
TBVpS13.96
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -2.44%
ROE -4.19%
ROCE 1.69%
ROIC 1.33%
ROICexc 1.33%
ROICexgc 1.33%
OM 36.26%
PM (TTM) N/A
GM 35.63%
FCFM 85.19%
ROA(3y)1.75%
ROA(5y)-0.72%
ROE(3y)2.83%
ROE(5y)-2.14%
ROIC(3y)1.17%
ROIC(5y)1%
ROICexc(3y)1.17%
ROICexc(5y)1%
ROICexgc(3y)1.18%
ROICexgc(5y)1.01%
ROCE(3y)1.48%
ROCE(5y)1.26%
ROICexgc growth 3Y-1.09%
ROICexgc growth 5YN/A
ROICexc growth 3Y-0.79%
ROICexc growth 5YN/A
OM growth 3Y-8.96%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.43%
GM growth 5YN/A
F-Score5
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 0.71
Debt/FCF 10.48
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 1.05
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.63
Quick Ratio 0.63
Altman-Z 0.69
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-144.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-217.14%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)10.16%
Revenue growth 3Y6.11%
Revenue growth 5YN/A
Sales Q2Q%0%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y54.42%
EBIT growth 3Y-3.4%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-17.86%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-17.86%
OCF growth 3YN/A
OCF growth 5YN/A

RIVERNORTH FLEX MUNI II / RFMZ FAQ

Can you describe the business of RIVERNORTH FLEX MUNI II?

Rivernorth Flexible Municipal Income Fund II Inc is a US-based company operating in industry. The company is headquartered in West Palm Beach, Florida. The company went IPO on 2021-02-24. Rivernorth Flexible Municipal Income Fund II, Inc. is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from regular United States federal income taxes (but which may be includable in taxable income for purposes of the Federal alternative minimum tax). The Fund’s secondary investment objective is total return. Under normal market conditions, the Fund seeks to achieve its investment objectives by investing, directly or indirectly, at least 80% of its managed assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular United States federal income tax purposes, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax (Municipal Bonds). The Fund’s investment adviser is RiverNorth Capital Management, LLC and the Fund’s sub-adviser is MacKay Shields, LLC.


Can you provide the latest stock price for RIVERNORTH FLEX MUNI II?

The current stock price of RFMZ is 12.9 USD. The price decreased by -0.08% in the last trading session.


What is the ChartMill rating of RIVERNORTH FLEX MUNI II stock?

RFMZ has a ChartMill Technical rating of 2 out of 10 and a ChartMill Fundamental rating of 1 out of 10.


Is RIVERNORTH FLEX MUNI II (RFMZ) stock a good buy?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on RFMZ.