Eaton Vance Tax Fund Return On Asset
| ETY Fund | USD 14.90 0.02 0.13% |
Eaton Vance Tax 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 Fund. 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 fund.
Eaton |
Eaton Vance Tax Fund Return On Asset Analysis
Eaton Vance's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Eaton Vance Return On Asset | 0.21 |
Most of Eaton Vance's fundamental indicators, such as Return On Asset, 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 Tax is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Eaton Vance Tax has a Return On Asset of 0.21. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The return on asset for all United States funds is notably lower than that of the firm.
Eaton Return On Asset 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 Return On Asset to detect undervalued stocks with similar characteristics or determine the funds 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 return on asset among similar funds.
Eaton Fundamentals
| Return On Equity | -1.55 | ||||
| Return On Asset | 0.21 | ||||
| Profit Margin | (105.29) % | ||||
| Operating Margin | 23.19 % | ||||
| Current Valuation | 1.82 B | ||||
| Shares Outstanding | 154.59 M | ||||
| Shares Owned By Institutions | 20.16 % | ||||
| Number Of Shares Shorted | 690.28 K | ||||
| Price To Earning | 16.29 X | ||||
| Price To Book | 1.03 X | ||||
| Price To Sales | 62.82 X | ||||
| Revenue | 29.43 M | ||||
| Gross Profit | 30.01 M | ||||
| Net Income | (30.99 M) | ||||
| Cash And Equivalents | 444 | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 0.71 X | ||||
| Book Value Per Share | 11.60 X | ||||
| Short Ratio | 2.40 X | ||||
| Earnings Per Share | 0.73 X | ||||
| Number Of Employees | 16 | ||||
| Beta | 1.08 | ||||
| Market Capitalization | 1.61 B | ||||
| Annual Yield | 0.02 % | ||||
| Year To Date Return | 29.18 % | ||||
| One Year Return | 32.51 % | ||||
| Three Year Return | 10.83 % | ||||
| Five Year Return | 14.06 % | ||||
| Last Dividend Paid | 1.11 |
About Eaton Vance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eaton Vance Tax'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 Tax based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.Other Information on Investing in Eaton Fund
Eaton Vance financial ratios help investors to determine whether Eaton Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eaton with respect to the benefits of owning Eaton Vance security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |