Eaton Vance California Municipal Income Trust (CEV) Fundamental Analysis: Revenue, Earnings & Valuation

1.60 / 10

Underperform

Fundamental metrics for CEV indicate a challenging status (score 1.6/10). Key concerns include a negative net income-to-revenue ratio (-5.3365) and a negative rate of return on total assets (-7.6907%), suggesting poor profitability. However, a high fixed assets turnover ratio (28052.7279) implies efficient use of fixed assets. The mixed signals result in an overall fundamental rating of 'underperform'.

Analysis Checks(2/10)

Revenue-MV

Value0.16

Score1/3

Weight4.78%

1M Return0.66%

Current liabilities / Total liabilities (%)

Value53.71

Score1/3

Weight11.91%

1M Return1.49%

Net income-Revenue

Value-5.34

Score1/3

Weight6.70%

1M Return0.82%

Basic earnings per share (YoY growth rate %)

Value-99.90

Score0/3

Weight4.42%

1M Return0.58%

Rate of return on total assets (%)

Value-7.69

Score1/3

Weight10.89%

1M Return1.42%

Fixed assets turnover ratio

Value28052.73

Score2/3

Weight9.67%

1M Return1.25%

Annualized return on total assets (%)

Value-7.69

Score1/3

Weight10.89%

1M Return1.42%

Diluted earnings per share (YoY growth rate %)

Value33.93

Score0/3

Weight6.88%

1M Return0.91%

Asset-MV

Value-0.50

Score2/3

Weight22.25%

1M Return2.74%

Current assets / Total assets (%)

Value42.04

Score1/3

Weight11.61%

1M Return1.44%

Is CEV fundamentally strong?

CEV scores 1.60/10 on fundamentals and holds a Premium valuation at present. Backed by its 0.01% ROE, 0.11% net margin, 13300.18 P/E ratio, 0.93 P/B ratio, and 0.00% earnings growth, these metrics solidify its Underperform investment rating.