Eaton Vance Short Etf Return On Equity
| EVG Etf | USD 11.16 0.06 0.54% |
Eaton Vance Short 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 Etf. 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 etf.
Eaton |
Eaton Vance Short ETF Return On Equity Analysis
Eaton Vance's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Eaton Vance Return On Equity | -4.19 |
Most of Eaton Vance's fundamental indicators, such as Return On Equity, 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 Short is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Eaton Vance Short has a Return On Equity of -4.19. This is much lower than that of the Financial Services family and significantly lower than that of the Asset Management category. The return on equity for all United States etfs is notably higher than that of the company.
Eaton Return On Equity 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 Equity to detect undervalued stocks with similar characteristics or determine the etfs 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 equity as compared to similar ETFs.
Eaton Fundamentals
| Return On Equity | -4.19 | ||||
| Return On Asset | 2.0 | ||||
| Profit Margin | (75.72) % | ||||
| Operating Margin | 75.31 % | ||||
| Current Valuation | 199.88 M | ||||
| Shares Outstanding | 13.42 M | ||||
| Shares Owned By Institutions | 27.85 % | ||||
| Number Of Shares Shorted | 78.51 K | ||||
| Price To Earning | 8.79 X | ||||
| Price To Book | 0.84 X | ||||
| Price To Sales | 13.29 X | ||||
| Revenue | 11.2 M | ||||
| Gross Profit | 15.61 M | ||||
| EBITDA | 2.44 M | ||||
| Net Income | (8.48 M) | ||||
| Cash And Equivalents | 4.06 M | ||||
| Cash Per Share | 0.30 X | ||||
| Total Debt | 61 M | ||||
| Debt To Equity | 0.38 % | ||||
| Current Ratio | 0.18 X | ||||
| Book Value Per Share | 13.23 X | ||||
| Cash Flow From Operations | 44.52 M | ||||
| Short Ratio | 1.70 X | ||||
| Earnings Per Share | (0.38) X | ||||
| Number Of Employees | 18 | ||||
| Beta | 0.4 | ||||
| Market Capitalization | 189.71 M | ||||
| Total Asset | 223.2 M | ||||
| Retained Earnings | 68.26 M | ||||
| Working Capital | 98.3 M | ||||
| Current Asset | 193.7 M | ||||
| Current Liabilities | 95.4 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 8.48 % | ||||
| One Year Return | 13.10 % | ||||
| Three Year Return | 3.69 % | ||||
| Five Year Return | 3.32 % | ||||
| Last Dividend Paid | 1.05 |
About Eaton Vance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eaton Vance Short'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 Short based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
Currently Active Assets on Macroaxis
When determining whether Eaton Vance Short is a strong investment it is important to analyze Eaton Vance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eaton Vance's future performance. For an informed investment choice regarding Eaton Etf, refer to the following important reports:Check out Eaton Vance Piotroski F Score and Eaton Vance Altman Z Score analysis. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of Eaton Vance Short is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton Vance's value that differs from its market value or its book value, called intrinsic value, which is Eaton Vance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eaton Vance's market value can be influenced by many factors that don't directly affect Eaton Vance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eaton Vance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton Vance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton Vance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.