Eaton Vance Municipal Stock Price To Sales
ETX Stock | USD 18.13 0.02 0.11% |
Eaton Vance Municipal fundamentals help investors to digest information that contributes to Eaton Vance's financial success or failures. It also enables traders to predict the movement of Eaton Stock. The fundamental analysis module provides a way to measure Eaton Vance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eaton Vance stock.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 36.00 | 37.80 |
Eaton | Price To Sales |
Eaton Vance Municipal Company Price To Sales Analysis
Eaton Vance's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Eaton Vance Price To Sales | 22.72 X |
Most of Eaton Vance's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eaton Vance Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Eaton Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Eaton Vance is extremely important. It helps to project a fair market value of Eaton Stock properly, considering its historical fundamentals such as Price To Sales. Since Eaton Vance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Eaton Vance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Eaton Vance's interrelated accounts and indicators.
Click cells to compare fundamentals
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition |
Eaton Price To Sales Ratio
Price To Sales Ratio |
|
Based on the latest financial disclosure, Eaton Vance Municipal has a Price To Sales of 22.7242 times. This is much higher than that of the Capital Markets sector and 253.96% higher than that of the Financials industry. The price to sales for all United States stocks is 98.99% lower than that of the firm.
Eaton Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eaton Vance's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eaton Vance could also be used in its relative valuation, which is a method of valuing Eaton Vance by comparing valuation metrics of similar companies.Eaton Vance is currently under evaluation in price to sales category among its peers.
Eaton Vance Current Valuation Drivers
We derive many important indicators used in calculating different scores of Eaton Vance from analyzing Eaton Vance's financial statements. These drivers represent accounts that assess Eaton Vance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Eaton Vance's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 231.7M | 250.1M | 228.0M | 200.2M | 191.6M | 237.6M | |
Enterprise Value | 359.7M | 362.4M | 318.1M | 301.6M | 216.9M | 357.0M |
Eaton Fundamentals
Return On Equity | -6.47 | ||||
Shares Outstanding | 10.89 M | ||||
Shares Owned By Institutions | 21.00 % | ||||
Number Of Shares Shorted | 20.58 K | ||||
Price To Book | 0.96 X | ||||
Price To Sales | 22.72 X | ||||
Revenue | 5.32 M | ||||
EBITDA | 12.79 M | ||||
Net Income | 5.06 M | ||||
Total Debt | 30.02 M | ||||
Cash Flow From Operations | 84.58 M | ||||
Short Ratio | 0.50 X | ||||
Earnings Per Share | 0.77 X | ||||
Target Price | 0.32 | ||||
Beta | 0.26 | ||||
Market Capitalization | 197.38 M | ||||
Total Asset | 239.26 M | ||||
Retained Earnings | (594.1 K) | ||||
Annual Yield | 0.04 % | ||||
Five Year Return | 3.70 % | ||||
Net Asset | 239.26 M |
About Eaton Vance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eaton Vance Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eaton Vance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eaton Vance Municipal based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Eaton Stock Analysis
When running Eaton Vance's price analysis, check to measure Eaton Vance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eaton Vance is operating at the current time. Most of Eaton Vance's value examination focuses on studying past and present price action to predict the probability of Eaton Vance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton Vance's price. Additionally, you may evaluate how the addition of Eaton Vance to your portfolios can decrease your overall portfolio volatility.