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43.75 (1y: +82%)
Market Cap 5.32 B P/E(ttm) 25.80
Enterprise Value 5.48 B P/B 8.60
EV- NYSE (USA)
Eaton Vance Corporation
  • Currently 3/5
Business Predictability Rank: 3-Star (On Watch)
Back Testing Results:
Average gain of all 3-Star stocks: 8.2% per year.
% of Stocks that are in still loss if held for 10yrs: 11%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$43.75
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 1.496
EV's Cash to Debt is ranked lower than
68% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 10000.00 vs. EV: 1.496 )
EV' s 10-Year Cash to Debt Range
Min: 0.62   Max: No Debt
Current: 1.5
Equity to Asset 0.201
EV's Equity to Asset is ranked lower than
72% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 0.56 vs. EV: 0.201 )
EV' s 10-Year Equity to Asset Range
Min: 0.08   Max: 0.59
Current: 0.2
0.08
0.59
Interest Coverage 7.5
EV's Interest Coverage is ranked lower than
73% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 10000.00 vs. EV: 7.5 )
EV' s 10-Year Interest Coverage Range
Min: 8   Max: No Debt
Current: 7.5
F-Score: 4
Z-Score: 4.44
M-Score: -1.21
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry		 vs
history
Operating margin (%) 32.50
EV's Operating margin (%) is ranked higher than
65% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 21.30 vs. EV: 32.50 )
EV' s 10-Year Operating margin (%) Range
Min: 21.5   Max: 42.1
Current: 32.5
21.5
42.1
Net-margin (%) 16.8
EV's Net-margin (%) is ranked higher than
57% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 14.05 vs. EV: 16.8 )
EV' s 10-Year Net-margin (%) Range
Min: 4.6   Max: 27.2
Current: 16.8
4.6
27.2
ROE (%) 33.2
EV's ROE (%) is ranked higher than
94% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 6.80 vs. EV: 33.2 )
EV' s 10-Year ROE (%) Range
Min: 8.1   Max: 81.5
Current: 33.2
8.1
81.5
ROA (%) 10.3
EV's ROA (%) is ranked higher than
82% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 2.80 vs. EV: 10.3 )
EV' s 10-Year ROA (%) Range
Min: 4.4   Max: 26.8
Current: 10.3
4.4
26.8
Revenue Growth (%) 9.2
EV's Revenue Growth (%) is ranked higher than
90% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: -1.00 vs. EV: 9.2 )
EV' s 10-Year Revenue Growth (%) Range
Min: 3.4   Max: 14.1
Current: 9.2
3.4
14.1
EBITDA Growth (%) 12.8
EV's EBITDA Growth (%) is ranked higher than
92% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: -2.30 vs. EV: 12.8 )
EV' s 10-Year EBITDA Growth (%) Range
Min: -3.5   Max: 18.8
Current: 12.8
-3.5
18.8
EPS Growth (%) 12.3
EV's EPS Growth (%) is ranked higher than
89% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 1.20 vs. EV: 12.3 )
EV' s 10-Year EPS Growth (%) Range
Min: -2   Max: 67.5
Current: 12.3
-2
67.5
» EV's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

EV Guru Trades in Q2 2012

Columbia Wanger 5,012,700 sh (+6.82%)
Mario Gabelli 12,000 sh (unchged)
Paul Tudor Jones Sold Out
Steven Cohen Sold Out
Ron Baron 2,692,843 sh (-0.14%)
Murray Stahl 24,051 sh (-17.93%)
Chuck Royce 85,300 sh (-66.65%)
» More
Q3 2012

EV Guru Trades in Q3 2012

Chuck Royce 85,300 sh (unchged)
Columbia Wanger 5,010,500 sh (-0.04%)
Ron Baron 2,582,017 sh (-4.12%)
Murray Stahl 20,965 sh (-12.83%)
Mario Gabelli 9,000 sh (-25%)
» More
Q4 2012

EV Guru Trades in Q4 2012

Meridian Funds 10,740 sh (New)
Steven Cohen 12,158 sh (New)
Jim Simons 223,000 sh (New)
Paul Tudor Jones 9,000 sh (New)
Ron Baron 2,588,056 sh (+0.23%)
Chuck Royce 85,300 sh (unchged)
Mario Gabelli 9,000 sh (unchged)
Murray Stahl 15,800 sh (-24.64%)
Columbia Wanger 3,604,500 sh (-28.06%)
» More
Q1 2013

EV Guru Trades in Q1 2013

Ron Baron 2,627,119 sh (+1.51%)
Mario Gabelli 9,000 sh (unchged)
Murray Stahl 15,800 sh (unchged)
Chuck Royce 85,300 sh (unchged)
Paul Tudor Jones Sold Out
Steven Cohen Sold Out
Jim Simons Sold Out
Meridian Funds Sold Out
Columbia Wanger 3,326,000 sh (-7.73%)
» More
» Details

Insider Trades

Latest Guru Trades with EV

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Meridian Funds 2013-03-31 Sold Out 0.02%$31.85 - $41.83 $ 43.7517%0
Meridian Funds 2012-12-31 New Buy0.02%$27.96 - $32.65 $ 43.7545%10740
Mario Gabelli 2012-09-30 Reduce -25%$25.64 - $29.7 $ 43.7560%9000
Ron Baron 2011-12-31 Reduce -25.63%0.15%$20.84 - $27.58 $ 43.7583%2881143
Joel Greenblatt 2011-06-30 Sold Out 0.12%$29 - $33.8 $ 43.7539%0
Joel Greenblatt 2011-03-31 New Buy0.12%$29.68 - $33.92 $ 43.7539%12012
Mario Gabelli 2010-09-30 Reduce -57.14%$25.9 - $30.85 $ 43.7552%12000
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 25.80
EV's P/E(ttm) is ranked higher than
57% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 15.40 vs. EV: 25.80 )
EV' s 10-Year P/E(ttm) Range
Min: 8.81   Max: 56.49
Current: 25.8
8.81
56.49
P/B 8.60
EV's P/B is ranked lower than
85% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 1.10 vs. EV: 8.60 )
EV' s 10-Year P/B Range
Min: 4.56   Max: 37.08
Current: 8.6
4.56
37.08
P/S 4.13
EV's P/S is ranked higher than
52% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 3.40 vs. EV: 4.13 )
EV' s 10-Year P/S Range
Min: 1.58   Max: 6.36
Current: 4.13
1.58
6.36
PFCF 44.30
EV's PFCF is ranked lower than
59% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 13.42 vs. EV: 44.30 )
EV' s 10-Year PFCF Range
Min: 13.35   Max: 358.4
Current: 44.3
13.35
358.4
EV-to-EBIT 13.3
EV's EV-to-EBIT is ranked higher than
87% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 15.39 vs. EV: 13.3 )
EV' s 10-Year EV-to-EBIT Range
Min: 5.1   Max: 32.9
Current: 13.3
5.1
32.9
PEG 4.2
EV's PEG is ranked higher than
95% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 2.40 vs. EV: 4.2 )
EV' s 10-Year PEG Range
Min: 0.96   Max: 14.29
Current: 4.2
0.96
14.29
Shiller P/E 27.4
EV's Shiller P/E is ranked higher than
77% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 11.60 vs. EV: 27.4 )
EV' s 10-Year Shiller P/E Range
Min: 11.5   Max: 45.86
Current: 27.4
11.5
45.86

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.81
EV's Dividend Yield is ranked higher than
60% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 3.50 vs. EV: 1.81 )
EV' s 10-Year Dividend Yield Range
Min: 0.61   Max: 4.35
Current: 1.81
0.61
4.35
Dividend Payout 0.4399
EV's Dividend Payout is ranked higher than
88% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 0.74 vs. EV: 0.4399 )
EV' s 10-Year Dividend Payout Range
Min: 0.13   Max: 0.74
Current: 0.44
0.13
0.74
Dividend growth (3y) 5.4
EV's Dividend growth (3y) is ranked higher than
93% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: -8.25 vs. EV: 5.4 )
EV' s 10-Year Dividend growth (3y) Range
Min: 4.7   Max: 27
Current: 5.4
4.7
27
Yield on cost (5-Year) 2.48
EV's Yield on cost (5-Year) is ranked higher than
67% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 3.31 vs. EV: 2.48 )
EV' s 10-Year Yield on cost (5-Year) Range
Min: 0.84   Max: 5.99
Current: 2.48
0.84
5.99
Share Buyback Rate 1.2
EV's Share Buyback Rate is ranked higher than
87% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: -0.80 vs. EV: 1.2 )
EV' s 10-Year Share Buyback Rate Range
Min: 3.2   Max: 0.1
Current: 1.2

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 106.7
EV's Price/Net Cash is ranked lower than
75% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 6.70 vs. EV: 106.7 )
EV' s 10-Year Price/Net Cash Range
Min: 48.5   Max: 132.1
Current: 106.7
48.5
132.1
Price/Net Current Asset Value 52.7
EV's Price/Net Current Asset Value is ranked higher than
88% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 23.30 vs. EV: 52.7 )
EV' s 10-Year Price/Net Current Asset Value Range
Min: 32.3   Max: 249.1
Current: 52.7
32.3
249.1
Price/Tangible Book 13.2
EV's Price/Tangible Book is ranked higher than
97% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 1.25 vs. EV: 13.2 )
EV' s 10-Year Price/Tangible Book Range
Min: 7.2   Max: 74.7
Current: 13.2
7.2
74.7
Price/DCF (Projected) 3
EV's Price/DCF (Projected) is ranked higher than
92% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 1.00 vs. EV: 3 )
EV' s 10-Year Price/DCF (Projected) Range
Min: 1.1   Max: 2.8
Current: 3
1.1
2.8
Price/Median PS Value 1
EV's Price/Median PS Value is ranked higher than
63% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 0.90 vs. EV: 1 )
EV' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 1.5
Current: 1
0.6
1.5
Price/Peter Lynch Fair Value 4.7
EV's Price/Peter Lynch Fair Value is ranked lower than
57% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 1.30 vs. EV: 4.7 )
EV' s 10-Year Price/Peter Lynch Fair Value Range
Min: 1.5   Max: 8.4
Current: 4.7
1.5
8.4
Price/Graham Number 3.3
EV's Price/Graham Number is ranked higher than
93% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 0.90 vs. EV: 3.3 )
EV' s 10-Year Price/Graham Number Range
Min: 2.1   Max: 12.6
Current: 3.3
2.1
12.6
Earnings Yield (Greenblatt) 7.50
EV's Earnings Yield (Greenblatt) is ranked higher than
92% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 6.90 vs. EV: 7.50 )
EV' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3   Max: 19.8
Current: 7.5
3
19.8
Forward Rate of Return (Yacktman) 7.61
EV's Forward Rate of Return (Yacktman) is ranked higher than
88% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 3.20 vs. EV: 7.61 )
EV' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 5.4   Max: 17.4
Current: 7.61
5.4
17.4

Business Description

Eaton Vance Corporation was incorporated in the State of Maryland. The Company has been in the investment management business for eighty-five years, tracing its history to two Boston-based investment managers: Eaton & Howard, formed in 1924, and Vance, Sanders & Company, organized in 1934. Following the 1979 merger of these predecessor organizations to form Eaton Vance, its managed assets consisted mainly of open-end mutual funds marketed to U.S. retail investors under the Eaton Vance brand and investment counsel services offered directly to high-net-worth and institutional investor. The Company manages investment funds and provides investment management and counseling services to high-net-worth individuals and institutions. The Company's main retail marketing strategy is to distribute funds and separately managed accounts mainly through financial intermediaries in the advice channel. It also commits significant resources to serving institutional and high-net-worth clients who access investment management services on a direct basis. The Company's main business is managing investment funds and providing investment management and counseling services to high-net-worth individuals and institutions. It is in a number of investment areas, including tax-managed equity, value equity, equity income, emerging market equity, floating-rate bank loan, municipal bond, investment grade, global and high-yield bond investing. Its product line offers fund shareholders, retail managed account investors, institutional investors and high-net-worth clients a range of products and services designed and managed to generate attractive risk-adjusted returns over the long term. Its equity products encompass a diversity of investment objectives, risk profiles, income levels and geographic representation. Its income investment products cover a broad duration and credit quality range and encompass both taxable and tax-free investments. The Company markets and distributes shares of Eaton Vance funds domestically through EVD. EVD sells fund shares through a network of financial intermediaries, including national and regional broker/dealers, banks, registered investment advisors, insurance companies and financial planning firms. In the retail fund channel, it competes with other mutual fund management, distribution and service companies that distribute investment products through affiliated and unaffiliated sales forces, broker/dealers and direct sales to the public. EVM, BMR, EVIC, Atlanta Capital, Fox Asset Management, Parametric Portfolio Associates and Parametric Risk Advisors are each registered with the SEC under the Advisers Act. The Company is subject to federal securities laws, state laws regarding securities fraud, other federal and state laws and rules, and regulations of certain regulatory, self-regulatory and other organizations, including, among others, the SEC, FINRA, the FSA and the New York Stock Exchange.
Company Website
SEC Reports
Industry: Asset Management
Compare:AMP, AMG, BEN, BLK, BK
» More Articles for EV

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