Eaton Vance Municipal Income 2028 Term Trust (ETX) Fundamental Analysis: Revenue, Earnings & Valuation

1.50 / 10

Underperform

Corporate fundamentals are rated subpar with a score of 1.5/10. Key weaknesses include a negative rate of return on total assets (-7.69%) and low annualized return on total assets, despite a strong fixed assets turnover ratio (28052.73). This indicates inefficiency in asset utilization and poor profitability, contributing to a selective fundamental assessment.

Analysis Checks(1/7)

Current liabilities / Total liabilities (%)

Value53.71

Score1/3

Weight16.12%

1M Return1.49%

Basic earnings per share (YoY growth rate %)

Value31.00

Score1/3

Weight12.39%

1M Return1.18%

Rate of return on total assets (%)

Value-7.69

Score1/3

Weight14.75%

1M Return1.42%

Fixed assets turnover ratio

Value28052.73

Score2/3

Weight13.09%

1M Return1.25%

Annualized return on total assets (%)

Value-7.69

Score1/3

Weight14.75%

1M Return1.42%

Diluted earnings per share (YoY growth rate %)

Value33.93

Score1/3

Weight13.17%

1M Return1.22%

Current assets / Total assets (%)

Value42.04

Score1/3

Weight15.72%

1M Return1.44%

Is ETX fundamentally strong?

ETX scores 1.50/10 on fundamentals and holds a Premium valuation at present. Backed by its 1.63% ROE, 69.57% net margin, 31.69 P/E ratio, 1.02 P/B ratio, and 0.00% earnings growth, these metrics solidify its Underperform investment rating.