Pioneer Municipal High Income Advantage Fund, Inc.

MAV

MAVPioneer Municipal High Income Advantage Fund, Inc. US flag

New York Stock Exchange

8.08

USD

+0.01

(+0.12%)

0.08EPS

101.00P/E

193.23MMarket Cap

Profitability (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Return on Common Equity (%)	- -	5.89	4.68	7.93	-7.77	-8.6	1.73	0.81
Return on Assets (%)	- -	4.82	2.97	4.97	-4.67	-5.15	1.21	0.66
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	94.16	97.64	96.44	96.94	104.6	103.2	84.52	73.75
Profit Margin (%)	94.16	97.64	96.44	96.94	104.6	103.2	84.52	73.75
Net Income to Common Margin (%)	70.25	77.62	96.44	96.94	104.6	103.2	84.52	73.75
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	-34.04	-25.8	83.76	59.26	-54.25	-57.56	218.08	528.65
Sustainable Growth Rate (%)	- -	7.41	0.76	3.23	-11.98	-13.55	-2.05	-3.48

Credit (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Debt	- -	- -	- -	1	- -	- -	- -	- -
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	1	- -	- -	- -	- -
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	66.64	63.36	63.69	61.62	58.5	61.42	81.17	80.63
Long-Term Debt/Equity (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Long-Term Debt/Capital (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Long-Term Debt/Total Assets (%)	- -	- -	- -	0.18	- -	- -	- -	- -
Total Debt/Equity (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Total Debt/Capital (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Total Debt/Total Assets (%)	- -	- -	- -	0.18	- -	- -	- -	- -
Net Debt to Equity	-0.12	- -	-4.39	- -	- -	-0.13	-0.06	-0.87
Net Debt/Capital (%)	-0.12	- -	-4.59	- -	- -	-0.13	-0.06	-0.87
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	66.64	63.36	63.69	61.62	58.5	61.42	81.17	80.63
Long-Term Debt/Equity (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Long-Term Debt/Capital (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Long-Term Debt/Total Assets (%)	- -	- -	- -	0.18	- -	- -	- -	- -
Total Debt/Equity (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Total Debt/Capital (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Total Debt/Total Assets (%)	- -	- -	- -	0.18	- -	- -	- -	- -
CFO/Total Liabilities	- -	- -	15.38	-10.92	6.22	37.02	194.12	21.51
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	760.82	63.83	0.74	0.85	0.54	0.49	1.92	-0.37

Working Capital (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Market Capitalization	138	157	193	236	205	182	190	- -
- Cash & Cash Equivalents	1	- -	12	- -	- -	- -	- -	2
+ Preferred Equity and Hybrid Capital	160	160	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	1	- -	- -	- -	- -
Enterprise Value	297	317	181	237	205	181	190	-2
Total Capital	451	439	281	291	257	225	220	213
Total Debt/Capital (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	25.89	14.62	13.3	10.12	- -	- -	41.71	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	7.34	- -	18.11	3.47	1.92	- -
EV/Free Cash Flow to Firm	- -	- -	7.34	- -	18.11	3.47	1.92	- -
Diluted Market Cap	138	157	193	236	205	182	190	- -
Diluted Enterprise Value	297	317	181	237	205	181	190	-2
EV per Share	16.58	16.58	7.58	9.92	8.6	7.62	7.89	- -
TTM Sales	11	22	14	23	-20	-20	5	2
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	- -	- -	25	-20	11	52	99	11
TTM Free Cash Flow to Firm	- -	- -	25	-20	11	52	99	11

Multiples (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Price/Free Cash Flow	- -	- -	7.84	-11.94	18.11	3.48	1.92	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	297	317	181	237	205	181	190	-2
Low Price	10.57	10	7.61	9.49	9.6	7.25	6.37	7.77
EV/Sales	25.89	14.62	13.3	10.12	- -	- -	41.71	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	17.07	9.32	14.73	10.4	- -	- -	49.37	- -
Price/Earnings Average	17.57	9.03	15.3	9.52	-11.22	-8.78	45.6	- -
Price/Earnings High	26.4	12.83	20.82	12.78	-14.58	-11.31	52.12	- -
Price/Earnings Low	23.49	11.36	13.84	9.99	-10.79	-8.33	39.81	- -
Price/Book Value	0.47	0.56	0.69	0.81	0.8	0.81	0.86	- -
Price/Book Value Average	0.49	0.54	0.71	0.74	0.93	0.81	0.8	- -
Price/Book Value High	0.73	0.77	0.97	1	1.21	1.04	0.91	- -
Price/Book Value Low	0.65	0.68	0.65	0.78	0.89	0.77	0.7	- -
Price/Tangible Book Value	0.5	0.56	0.69	0.81	0.8	0.81	0.86	- -
Price/Tangible Book Value Average	0.51	0.54	0.71	0.74	0.93	0.81	0.8	- -
Price/Tangible Book Value High	0.77	0.77	0.97	1	1.21	1.04	0.91	- -
Price/Tangible Book Value Low	0.68	0.68	0.65	0.78	0.89	0.77	0.7	- -
Price/Sales	11.99	7.23	14.2	10.08	-10.11	-9.05	41.73	- -
Price/Sales Average	12.34	7.01	14.76	9.23	-11.74	-9.06	38.54	- -
Price/Sales High	18.55	9.96	20.08	12.39	-15.25	-11.67	44.06	- -
Price/Sales Low	16.5	8.82	13.34	9.68	-11.28	-8.6	33.65	- -
Price/Cash Flow	- -	- -	7.84	-11.94	18.11	3.48	1.92	- -
Price/Cash Flow Average	- -	- -	8.14	-10.93	21.03	3.48	1.77	- -
Price/Cash Flow High	- -	- -	11.08	-14.67	27.34	4.49	2.03	- -
Price/Cash Flow Low	- -	- -	7.36	-11.47	20.22	3.31	1.55	- -
Price/Free Cash Flow Average	- -	- -	8.14	-10.93	21.03	3.48	1.77	- -
Price/Free Cash Flow High	- -	- -	11.08	-14.67	27.34	4.49	2.03	- -
Price/Free Cash Flow Low	- -	- -	7.36	-11.47	20.22	3.31	1.55	- -
EV/Sales Average	26.24	14.4	13.85	9.27	- -	- -	38.51	- -
EV/Sales High	32.44	17.35	19.17	12.42	- -	- -	44.03	- -
EV/Sales Low	30.4	16.21	12.44	9.72	- -	- -	33.62	- -
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	7.68	8.2	8.1	9.88	8.6	7.63	7.9	8.35
High Price	11.88	11.29	11.45	12.14	12.98	9.84	8.34	9.1
Enterprise Value Average	301	312	189	217	239	181	176	-2
Enterprise Value High	372	376	261	291	310	234	201	-2
Enterprise Value Low	349	351	169	227	229	172	153	-2

Profitability (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Return on Common Equity (%)	- -	5.89	4.68	7.93	-7.77	-8.6	1.73	0.81
Return on Assets (%)	- -	4.82	2.97	4.97	-4.67	-5.15	1.21	0.66
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	94.16	97.64	96.44	96.94	104.6	103.2	84.52	73.75
Profit Margin (%)	94.16	97.64	96.44	96.94	104.6	103.2	84.52	73.75
Net Income to Common Margin (%)	70.25	77.62	96.44	96.94	104.6	103.2	84.52	73.75
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	-34.04	-25.8	83.76	59.26	-54.25	-57.56	218.08	528.65
Sustainable Growth Rate (%)	- -	7.41	0.76	3.23	-11.98	-13.55	-2.05	-3.48

Credit (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Debt	- -	- -	- -	1	- -	- -	- -	- -
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	1	- -	- -	- -	- -
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	66.64	63.36	63.69	61.62	58.5	61.42	81.17	80.63
Long-Term Debt/Equity (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Long-Term Debt/Capital (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Long-Term Debt/Total Assets (%)	- -	- -	- -	0.18	- -	- -	- -	- -
Total Debt/Equity (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Total Debt/Capital (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Total Debt/Total Assets (%)	- -	- -	- -	0.18	- -	- -	- -	- -
Net Debt to Equity	-0.12	- -	-4.39	- -	- -	-0.13	-0.06	-0.87
Net Debt/Capital (%)	-0.12	- -	-4.59	- -	- -	-0.13	-0.06	-0.87
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	66.64	63.36	63.69	61.62	58.5	61.42	81.17	80.63
Long-Term Debt/Equity (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Long-Term Debt/Capital (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Long-Term Debt/Total Assets (%)	- -	- -	- -	0.18	- -	- -	- -	- -
Total Debt/Equity (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Total Debt/Capital (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Total Debt/Total Assets (%)	- -	- -	- -	0.18	- -	- -	- -	- -
CFO/Total Liabilities	- -	- -	15.38	-10.92	6.22	37.02	194.12	21.51
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	760.82	63.83	0.74	0.85	0.54	0.49	1.92	-0.37

Working Capital (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Market Capitalization	138	157	193	236	205	182	190	- -
- Cash & Cash Equivalents	1	- -	12	- -	- -	- -	- -	2
+ Preferred Equity and Hybrid Capital	160	160	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	1	- -	- -	- -	- -
Enterprise Value	297	317	181	237	205	181	190	-2
Total Capital	451	439	281	291	257	225	220	213
Total Debt/Capital (%)	- -	- -	- -	0.3	- -	- -	- -	- -
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	25.89	14.62	13.3	10.12	- -	- -	41.71	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	7.34	- -	18.11	3.47	1.92	- -
EV/Free Cash Flow to Firm	- -	- -	7.34	- -	18.11	3.47	1.92	- -
Diluted Market Cap	138	157	193	236	205	182	190	- -
Diluted Enterprise Value	297	317	181	237	205	181	190	-2
EV per Share	16.58	16.58	7.58	9.92	8.6	7.62	7.89	- -
TTM Sales	11	22	14	23	-20	-20	5	2
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	- -	- -	25	-20	11	52	99	11
TTM Free Cash Flow to Firm	- -	- -	25	-20	11	52	99	11

Multiples (USD)

API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Price/Free Cash Flow	- -	- -	7.84	-11.94	18.11	3.48	1.92	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	297	317	181	237	205	181	190	-2
Low Price	10.57	10	7.61	9.49	9.6	7.25	6.37	7.77
EV/Sales	25.89	14.62	13.3	10.12	- -	- -	41.71	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	17.07	9.32	14.73	10.4	- -	- -	49.37	- -
Price/Earnings Average	17.57	9.03	15.3	9.52	-11.22	-8.78	45.6	- -
Price/Earnings High	26.4	12.83	20.82	12.78	-14.58	-11.31	52.12	- -
Price/Earnings Low	23.49	11.36	13.84	9.99	-10.79	-8.33	39.81	- -
Price/Book Value	0.47	0.56	0.69	0.81	0.8	0.81	0.86	- -
Price/Book Value Average	0.49	0.54	0.71	0.74	0.93	0.81	0.8	- -
Price/Book Value High	0.73	0.77	0.97	1	1.21	1.04	0.91	- -
Price/Book Value Low	0.65	0.68	0.65	0.78	0.89	0.77	0.7	- -
Price/Tangible Book Value	0.5	0.56	0.69	0.81	0.8	0.81	0.86	- -
Price/Tangible Book Value Average	0.51	0.54	0.71	0.74	0.93	0.81	0.8	- -
Price/Tangible Book Value High	0.77	0.77	0.97	1	1.21	1.04	0.91	- -
Price/Tangible Book Value Low	0.68	0.68	0.65	0.78	0.89	0.77	0.7	- -
Price/Sales	11.99	7.23	14.2	10.08	-10.11	-9.05	41.73	- -
Price/Sales Average	12.34	7.01	14.76	9.23	-11.74	-9.06	38.54	- -
Price/Sales High	18.55	9.96	20.08	12.39	-15.25	-11.67	44.06	- -
Price/Sales Low	16.5	8.82	13.34	9.68	-11.28	-8.6	33.65	- -
Price/Cash Flow	- -	- -	7.84	-11.94	18.11	3.48	1.92	- -
Price/Cash Flow Average	- -	- -	8.14	-10.93	21.03	3.48	1.77	- -
Price/Cash Flow High	- -	- -	11.08	-14.67	27.34	4.49	2.03	- -
Price/Cash Flow Low	- -	- -	7.36	-11.47	20.22	3.31	1.55	- -
Price/Free Cash Flow Average	- -	- -	8.14	-10.93	21.03	3.48	1.77	- -
Price/Free Cash Flow High	- -	- -	11.08	-14.67	27.34	4.49	2.03	- -
Price/Free Cash Flow Low	- -	- -	7.36	-11.47	20.22	3.31	1.55	- -
EV/Sales Average	26.24	14.4	13.85	9.27	- -	- -	38.51	- -
EV/Sales High	32.44	17.35	19.17	12.42	- -	- -	44.03	- -
EV/Sales Low	30.4	16.21	12.44	9.72	- -	- -	33.62	- -
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	7.68	8.2	8.1	9.88	8.6	7.63	7.9	8.35
High Price	11.88	11.29	11.45	12.14	12.98	9.84	8.34	9.1
Enterprise Value Average	301	312	189	217	239	181	176	-2
Enterprise Value High	372	376	261	291	310	234	201	-2
Enterprise Value Low	349	351	169	227	229	172	153	-2

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Shares Outstanding	24	24	24	24	24	24	24	24
Diluted Weighted Avg Shares	18	19	24	24	24	24	24	- -
Basic Weighted Avg Shares	18	19	24	24	24	24	24	- -
Revenue per Share	0.64	1.13	0.57	0.98	-0.85	-0.84	0.19	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.45	0.88	0.55	0.95	-0.89	-0.87	0.16	- -
Basic EPS from Cont Ops	0.6	1.11	0.55	0.95	-0.89	-0.87	0.16	- -
Diluted EPS, GAAP	0.45	0.88	0.55	0.95	-0.89	-0.87	0.16	- -
Diluted EPS from Cont Ops	0.6	1.11	0.55	0.95	-0.89	-0.87	0.16	- -
Dividend per Share	- -	- -	0.46	0.56	0.48	0.5	0.35	- -
Cash Flow per Share	- -	- -	1.03	-0.83	0.47	2.19	4.11	- -
Free Cash Flow per Basic Share	- -	- -	1.03	-0.83	0.47	2.19	4.11	- -
Cash & Equivalents per Share	0.03	- -	0.52	- -	- -	0.01	0.01	- -
Book Value per Share	16.26	14.62	11.79	12.17	10.76	9.43	9.14	- -
Tangible Book Value per Share	15.46	14.62	11.79	12.17	10.76	9.43	9.14	- -

Pioneer Municipal High Income Advantage Fund, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)