EATON VANCE MUNI INC 2028 TM (ETX) Stock Price, Forecast & Analysis
USA - NYSE:ETX - US27829U1051
19.14 USD
+0.13 (+0.68%)
We assign a fundamental rating of 3 out of 10 to ETX. ETX was compared to 0 industry peers in the Unkown industry. While ETX seems to be doing ok healthwise, there are quite some concerns on its profitability. ETX does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
ETX had positive earnings in the past year.
ETX had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ETX reported negative net income in multiple years.
ETX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The last Return On Invested Capital (2.65%) for ETX is above the 3 year average (2.39%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.79% | ||
| ROE | 4.1% | ||
| ROIC | 2.65% |
ROA(3y)0.85%
ROA(5y)0.88%
ROE(3y)0.57%
ROE(5y)0.9%
ROIC(3y)2.39%
ROIC(5y)2.27%
1.3 Margins
ETX's Profit Margin has declined in the last couple of years.
In the last couple of years the Operating Margin of ETX has grown nicely.
In the last couple of years the Gross Margin of ETX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 71.24% | ||
| PM (TTM) | 81.4% | ||
| GM | 73.03% |
OM growth 3Y0.61%
OM growth 5Y4.19%
PM growth 3YN/A
PM growth 5Y-18.26%
GM growth 3Y0.99%
GM growth 5Y4.45%
2. Health
2.1 Basic Checks
The number of shares outstanding for ETX has been increased compared to 1 year ago.
ETX has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ETX has an improved debt to assets ratio.
2.2 Solvency
ETX has an Altman-Z score of 7.06. This indicates that ETX is financially healthy and has little risk of bankruptcy at the moment.
ETX has a debt to FCF ratio of 0.23. This is a very positive value and a sign of high solvency as it would only need 0.23 years to pay back of all of its debts.
ETX has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
Even though the debt/equity ratio score it not favorable for ETX, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.23 | ||
| Altman-Z | 7.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
ETX has a Current Ratio of 2.05. This indicates that ETX is financially healthy and has no problem in meeting its short term obligations.
ETX has a Quick Ratio of 2.05. This indicates that ETX is financially healthy and has no problem in meeting its short term obligations.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.05 | ||
| Quick Ratio | 2.05 |
3. Growth
3.1 Past
ETX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.79%, which is quite impressive.
ETX shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -23.25% yearly.
The Revenue for ETX has decreased by -13.85% in the past year. This is quite bad
The Revenue has been decreasing by -6.03% on average over the past years.
EPS 1Y (TTM)29.79%
EPS 3YN/A
EPS 5Y-23.25%
EPS Q2Q%-36.96%
Revenue 1Y (TTM)-13.85%
Revenue growth 3Y-8.22%
Revenue growth 5Y-6.03%
Sales Q2Q%-10.41%
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
With a Price/Earnings ratio of 31.38, ETX can be considered very expensive at the moment.
ETX's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.38 | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.23 | ||
| 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
ETX has a Yearly Dividend Yield of 4.88%, which is a nice return.
Compared to an average S&P500 Dividend Yield of 2.39, ETX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
5.2 History
The dividend of ETX decreases each year by -2.87%.
ETX has been paying a dividend for at least 10 years, so it has a reliable track record.
ETX has decreased its dividend recently.
Dividend Growth(5Y)-2.87%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
ETX pays out 108.44% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of ETX has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP108.44%
EPS Next 2YN/A
EPS Next 3YN/A
NYSE:ETX (11/6/2025, 2:27:05 PM)
19.14
+0.13 (+0.68%)
Chartmill FA Rating
GICS SectorN/A
GICS IndustryGroupN/A
GICS IndustryN/A
Earnings (Last)
Earnings (Next)
Inst Owners22.07%
Inst Owner Change-8.2%
Ins Owners0.04%
Ins Owner Change0%
Market Cap208.43M
Revenue(TTM)9.78M
Net Income(TTM)8.41M
Analysts0
Price TargetN/A
Short Float %0.41%
Short Ratio1.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
Yearly Dividend0.74
Dividend Growth(5Y)-2.87%
DP108.44%
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 | 31.38 | ||
| Fwd PE | N/A | ||
| P/S | 20.17 | ||
| P/FCF | 3.23 | ||
| P/OCF | 3.23 | ||
| P/B | 1.02 | ||
| P/tB | 1.02 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.61
EY3.19%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)5.93
FCFY30.99%
OCF(TTM)5.93
OCFY30.99%
SpS0.95
BVpS18.73
TBVpS18.73
PEG (NY)N/A
PEG (5Y)N/A
Graham Number16.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.79% | ||
| ROE | 4.1% | ||
| ROCE | 3.36% | ||
| ROIC | 2.65% | ||
| ROICexc | 2.65% | ||
| ROICexgc | 2.65% | ||
| OM | 71.24% | ||
| PM (TTM) | 81.4% | ||
| GM | 73.03% | ||
| FCFM | 625.16% |
ROA(3y)0.85%
ROA(5y)0.88%
ROE(3y)0.57%
ROE(5y)0.9%
ROIC(3y)2.39%
ROIC(5y)2.27%
ROICexc(3y)2.41%
ROICexc(5y)2.3%
ROICexgc(3y)2.41%
ROICexgc(5y)2.3%
ROCE(3y)3.03%
ROCE(5y)2.87%
ROICexgc growth 3Y8.3%
ROICexgc growth 5Y9.38%
ROICexc growth 3Y8.3%
ROICexc growth 5Y9.38%
OM growth 3Y0.61%
OM growth 5Y4.19%
PM growth 3YN/A
PM growth 5Y-18.26%
GM growth 3Y0.99%
GM growth 5Y4.45%
F-Score7
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.23 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 3.83 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 768.01% | ||
| Current Ratio | 2.05 | ||
| Quick Ratio | 2.05 | ||
| Altman-Z | 7.06 |
F-Score7
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)29.79%
EPS 3YN/A
EPS 5Y-23.25%
EPS Q2Q%-36.96%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-13.85%
Revenue growth 3Y-8.22%
Revenue growth 5Y-6.03%
Sales Q2Q%-10.41%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y5.75%
EBIT growth 3Y-7.66%
EBIT growth 5Y-2.09%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y23.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y23.76%
OCF growth 3YN/A
OCF growth 5YN/A
EATON VANCE MUNI INC 2028 TM / ETX FAQ
What does ETX do?
Eaton Vance Municipal Income 2028 Term Trust is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. The company went IPO on 2013-03-26. Eaton Vance Municipal Income 2028 Term Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust’s seeks to achieve this by investing primarily in municipal obligations, a portion of which may be rated investment-grade, and a portion of which may be rated below investment-grade at the time of investment. The Trust’s invests at least over 80% of its net assets, plus borrowings for investment purposes, in debt obligations issued by or on behalf of states, territories and possessions of the United States, including the District of Columbia, and their political subdivisions, agencies or instrumentalities, the interest on which is exempt from regular federal income tax. The Trust’s invests at least 50% of its total managed assets in municipal obligations at the time of investment. The Trust’s investment adviser is Eaton Vance Management.
Can you provide the latest stock price for EATON VANCE MUNI INC 2028 TM?
The current stock price of ETX is 19.14 USD. The price increased by 0.68% in the last trading session.
What is the ChartMill rating of EATON VANCE MUNI INC 2028 TM stock?
ETX has a ChartMill Technical rating of 5 out of 10 and a ChartMill Fundamental rating of 3 out of 10.