Is BTT Stock Undervalued?

A comprehensive valuation analysis of Blackrock Municipal 2030 Target Term Trust (BTT) examining current multiples, intrinsic value, and comparing to analyst expectations.

Updated January 21, 2026•8 min read•View Full Analysis

Valuation Verdict

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Potentially Undervalued

2956515087.5% upside potential

Based on our analysis, Blackrock Municipal 2030 Target Term Trust appears to be potentially undervalued at the current price of $22.61. Our fair value estimate of $668468083.88 suggests upside potential of approximately 2956515087.5%.

Current Valuation Metrics

Valuation ratios help us understand how the market is pricing BTT relative to its fundamentals. Let's examine the key multiples investors are paying today.

P/E Ratio

25.09

High

P/B Ratio

0.94

Low

P/S Ratio

18.15

High

EV/EBITDA

N/A

Understanding the Metrics

P/E Ratio: At 25.09x earnings, BTT is trading above the typical market average of 15-20x.
P/B Ratio: A P/B of 0.94 means investors pay $0.94 for every $1 of book value.
P/S Ratio: The price-to-sales ratio of 18.15 indicates how much investors value each dollar of revenue.
EV/EBITDA: EBITDA data not available.

Fair Value Estimate

Using a discounted cash flow (DCF) model, we estimate the intrinsic value of Blackrock Municipal 2030 Target Term Trust stock. This fundamental analysis looks at the company's ability to generate future cash flows and discounts them back to today's value.

Current Price

$22.61

Fair Value Estimate

$668468083.88

Implied Return+2956515087.5%

Our DCF model suggests BTT may be undervalued by approximately 2956515087.5%. This implies the market may be pricing in more pessimistic growth expectations than our base case scenario.

Investment Conclusion

Bottom Line

Based on our comprehensive valuation analysis, Blackrock Municipal 2030 Target Term Trust (BTT) appears to be undervalued at $22.61. With a fair value estimate of $668468083.88, the stock offers potential upside for long-term investors willing to wait for the market to recognize its intrinsic value.

Disclaimer: This analysis is for informational purposes only and should not be considered investment advice. Always conduct your own research and consult with a financial advisor before making investment decisions. Past performance does not guarantee future results.