Max Chat
Company Analysis Eaton Vance Municipal Income 2028 Term Trust
1. Summary
Advantages
- Dividends (4.94%) are higher than the sector average (2.95%).
- Current debt level 12.55% is below 100% and has decreased over 5 years from 36.75%.
Disadvantages
- Price (18.22 $) is higher than fair price (4.99 $)
- The stock's return over the last year (-2.98%) is lower than the sector average (16.25%).
- The company's current efficiency (ROE=2.44%) is lower than the sector average (ROE=16.52%)
Similar companies
2. Share price and performance
2.1. Share price
2.3. Market efficiency
| Eaton Vance Municipal Income 2028 Term Trust | Financials | Index | |
|---|---|---|---|
| 7 days | 0.2% | 0% | -0.2% |
| 90 days | 2.9% | -8.7% | 17.5% |
| 1 year | -3% | 16.3% | 11.2% |
ETX vs Sector: Eaton Vance Municipal Income 2028 Term Trust has significantly underperformed the "Financials" sector by -19.24% over the past year.
ETX vs Market: Eaton Vance Municipal Income 2028 Term Trust has significantly underperformed the market by -14.23% over the past year.
Stable price: ETX is not significantly more volatile than the rest of the market on "New York Stock Exchange" over the last 3 months, with typical variations of +/- 5% per week.
Long period: ETX with weekly volatility of -0.0573% over the past year.
3. Summary of the report
4. Fundamental Analysis
4.1. Stock price and price forecast
Above fair price: The current price (18.22 $) is higher than the fair price (4.99 $).
Price is higher than fair: The current price (18.22 $) is 72.6% higher than the fair price.
4.2. P/E
P/E vs Sector: The company's P/E (37.7) is lower than that of the sector as a whole (63.37).
P/E vs Market: The company's P/E (37.7) is lower than that of the market as a whole (61.8).
4.2.1 P/E Similar companies
4.3. P/BV
P/BV vs Sector: The company's P/BV (0.9251) is lower than that of the sector as a whole (2.7).
P/BV vs Market: The company's P/BV (0.9251) is lower than that of the market as a whole (20.58).
4.3.1 P/BV Similar companies
4.4. P/S
P/S vs Sector: The company's P/S indicator (35.86) is higher than that of the sector as a whole (3.92).
P/S vs Market: The company's P/S indicator (35.86) is higher than that of the market as a whole (15.97).
4.4.1 P/S Similar companies
4.5. EV/Ebitda
EV/Ebitda vs Sector: The company's EV/Ebitda (14.55) is higher than that of the sector as a whole (-118.14).
EV/Ebitda vs Market: The company's EV/Ebitda (14.55) is lower than that of the market as a whole (18.72).
5. Profitability
5.1. Profitability and revenue
5.2. Earnings per share - EPS
5.3. Past profitability Net Income
Yield Trend: Negative and has fallen by -15.92% over the last 5 years.
Accelerating profitability: The return for the last year (0%) exceeds the average return for 5 years (-15.92%).
Profitability vs Sector: The return for the last year (0%) exceeds the return for the sector (-52.19%).
5.4. ROE
ROE vs Sector: The company's ROE (2.44%) is lower than that of the sector as a whole (16.52%).
ROE vs Market: The company's ROE (2.44%) is lower than that of the market as a whole (42.63%).
5.5. ROA
ROA vs Sector: The company's ROA (1.83%) is lower than that of the sector as a whole (3.56%).
ROA vs Market: The company's ROA (1.83%) is lower than that of the market as a whole (23.26%).
5.6. ROIC
ROIC vs Sector: The company's ROIC (-0.1193%) is lower than that of the sector as a whole (5.2%).
ROIC vs Market: The company's ROIC (-0.1193%) is lower than that of the market as a whole (9.17%).
7. Dividends
7.1. Dividend yield vs Market
High yield: The dividend yield of the company 4.94% is higher than the average for the sector '2.95%.
7.2. Stability and increase in payments
Dividend stability: The company's dividend yield 4.94% has been steadily paid over the past 7 years, DSI=0.79.
Weak dividend growth: The company's dividend yield 4.94% has been growing weakly or stagnant over the past 5 years. Growth over only 1 year.
7.3. Payout percentage
Dividend Coverage: Current payments from income (158.31%) are at an uncomfortable level.
Pay for your subscription
More functionality and data for company and portfolio analysis is available by subscription
