MFS HIGH INCOME MUNICIPAL TR (CXE) Stock Overview
USA - NYSE:CXE - US59318D1046
3.74 USD
0 (0%)
3.74 USD
0 (0%)
We assign a fundamental rating of 1 out of 10 to CXE. CXE was compared to 0 industry peers in the Unkown industry. CXE may be in some trouble as it scores bad on both profitability and health. CXE is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CXE had positive earnings in the past year.
CXE had a positive operating cash flow in the past year.
CXE had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CXE had a positive operating cash flow.
1.2 Ratios
The last Return On Invested Capital (2.16%) for CXE is above the 3 year average (1.98%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 1.47% | ||
| ROIC | 2.16% |
ROA(3y)-2.46%
ROA(5y)-0.5%
ROE(3y)-4.33%
ROE(5y)-1.01%
ROIC(3y)1.98%
ROIC(5y)2.07%
1.3 Margins
CXE's Profit Margin has improved in the last couple of years.
CXE's Operating Margin has declined in the last couple of years.
In the last couple of years the Gross Margin of CXE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.05% | ||
| PM (TTM) | 18% | ||
| GM | 50.39% |
OM growth 3Y-10.6%
OM growth 5Y-4.76%
PM growth 3Y9.73%
PM growth 5Y5.18%
GM growth 3Y-12.37%
GM growth 5Y-5.98%
2. Health
2.1 Basic Checks
Compared to 1 year ago, CXE has more shares outstanding
CXE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CXE has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.72, we must say that CXE is in the distress zone and has some risk of bankruptcy.
The Debt to FCF ratio of CXE is 11.64, which is on the high side as it means it would take CXE, 11.64 years of fcf income to pay off all of its debts.
A Debt/Equity ratio of 0.55 indicates that CXE is somewhat dependend on debt financing.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 11.64 | ||
| Altman-Z | 0.72 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
CXE has a Current Ratio of 0.04. This is a bad value and indicates that CXE is not financially healthy enough and could expect problems in meeting its short term obligations.
A Quick Ratio of 0.04 indicates that CXE may have some problems paying its short term obligations.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 |
3. Growth
3.1 Past
CXE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -68.42%.
Measured over the past years, CXE shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.40% on average per year.
CXE shows a small growth in Revenue. In the last year, the Revenue has grown by 1.36%.
Measured over the past years, CXE shows a decrease in Revenue. The Revenue has been decreasing by -5.11% on average per year.
EPS 1Y (TTM)-68.42%
EPS 3Y7.74%
EPS 5Y-0.4%
EPS Q2Q%-270.59%
Revenue 1Y (TTM)1.36%
Revenue growth 3Y-1.33%
Revenue growth 5Y-5.11%
Sales Q2Q%1.39%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 62.33, which means the current valuation is very expensive for CXE.
The average S&P500 Price/Earnings ratio is at 26.91. CXE is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 62.33 | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.89 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.08%, CXE is a good candidate for dividend investing.
CXE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
5.2 History
The dividend of CXE decreases each year by -6.93%.
CXE has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of CXE decreased recently.
Dividend Growth(5Y)-6.93%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
329.35% of the earnings are spent on dividend by CXE. This is not a sustainable payout ratio.
CXE's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP329.35%
EPS Next 2YN/A
EPS Next 3YN/A
3.74
0 (0%)
Chartmill FA Rating
GICS SectorN/A
GICS IndustryGroupN/A
GICS IndustryN/A
Earnings (Last)
Earnings (Next)
Inst Owners41.96%
Inst Owner Change0.1%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap117.92M
Revenue(TTM)10.22M
Net Income(TTM)1.84M
Analysts0
Price TargetN/A
Short Float %0.17%
Short Ratio0.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
Yearly Dividend0.18
Dividend Growth(5Y)-6.93%
DP329.35%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 62.33 | ||
| Fwd PE | N/A | ||
| P/S | 11.54 | ||
| P/FCF | 19.89 | ||
| P/OCF | 19.89 | ||
| P/B | 0.94 | ||
| P/tB | 0.94 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.06
EY1.6%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.19
FCFY5.03%
OCF(TTM)0.19
OCFY5.03%
SpS0.32
BVpS3.96
TBVpS3.96
PEG (NY)N/A
PEG (5Y)N/A
Graham Number2.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 1.47% | ||
| ROCE | 2.73% | ||
| ROIC | 2.16% | ||
| ROICexc | 2.16% | ||
| ROICexgc | 2.16% | ||
| OM | 52.05% | ||
| PM (TTM) | 18% | ||
| GM | 50.39% | ||
| FCFM | 58.02% |
ROA(3y)-2.46%
ROA(5y)-0.5%
ROE(3y)-4.33%
ROE(5y)-1.01%
ROIC(3y)1.98%
ROIC(5y)2.07%
ROICexc(3y)1.98%
ROICexc(5y)2.07%
ROICexgc(3y)1.98%
ROICexgc(5y)2.07%
ROCE(3y)2.5%
ROCE(5y)2.62%
ROICexgc growth 3Y-3.76%
ROICexgc growth 5Y-4.63%
ROICexc growth 3Y-3.76%
ROICexc growth 5Y-4.63%
OM growth 3Y-10.6%
OM growth 5Y-4.76%
PM growth 3Y9.73%
PM growth 5Y5.18%
GM growth 3Y-12.37%
GM growth 5Y-5.98%
F-Score6
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 11.64 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 322.28% | ||
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 | ||
| Altman-Z | 0.72 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-68.42%
EPS 3Y7.74%
EPS 5Y-0.4%
EPS Q2Q%-270.59%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.36%
Revenue growth 3Y-1.33%
Revenue growth 5Y-5.11%
Sales Q2Q%1.39%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y13.43%
EBIT growth 3Y-11.78%
EBIT growth 5Y-9.63%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-63.41%
FCF growth 3Y-10.79%
FCF growth 5Y-6.58%
OCF growth 1Y-63.41%
OCF growth 3Y-10.79%
OCF growth 5Y-6.58%
MFS HIGH INCOME MUNICIPAL TR / CXE FAQ
Can you describe the business of MFS HIGH INCOME MUNICIPAL TR?
MFS High Income Municipal Trust is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. MFS High Income Municipal Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The Fund invests, under normal market conditions, at least 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in tax-exempt bonds and tax-exempt notes. The Fund's investment adviser may invest 25% or more of the fund’s total assets in municipal instruments that finance similar projects, such as those relating to education, healthcare, housing, utilities, water, or sewers. The Fund's investment adviser may also invest in taxable instruments, including derivatives. The Fund invests in various jurisdiction, including Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, and Florida. The Fund’s investment adviser is Massachusetts Financial Services Company.
Can you provide the latest stock price for MFS HIGH INCOME MUNICIPAL TR?
The current stock price of CXE is 3.74 USD.
What is the ChartMill rating of MFS HIGH INCOME MUNICIPAL TR stock?
CXE has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 1 out of 10.