GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance Tax Advgd Gbl Div Inc Fd (NYSE:ETG) » Definitions » Owner Earnings per Share (TTM)

Eaton Vance Tax Advgd Gbl Div Fd (Eaton Vance Tax Advgd Gbl Div Fd) Owner Earnings per Share (TTM) : 0.00 (As of Oct. 2023)


View and export this data going back to . Start your Free Trial

What is Eaton Vance Tax Advgd Gbl Div Fd Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Eaton Vance Tax Advgd Gbl Div Fd does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Eaton Vance Tax Advgd Gbl Div Fd's Owner Earnings per Share (TTM) or its related term are showing as below:



ETG's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.35
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Eaton Vance Tax Advgd Gbl Div Fd's Earnings per Share (Diluted) for the six months ended in Oct. 2023 was $-0.38. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was $1.99. It's PE Ratio ratio for today is 8.85.

Eaton Vance Tax Advgd Gbl Div Fd's EPS without NRI for the six months ended in Oct. 2023 was $-0.38. Its EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2023 was $1.99. It's PE Ratio without NRI ratio for today is 8.85.


Eaton Vance Tax Advgd Gbl Div Fd Owner Earnings per Share (TTM) Historical Data

The historical data trend for Eaton Vance Tax Advgd Gbl Div Fd's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eaton Vance Tax Advgd Gbl Div Fd Owner Earnings per Share (TTM) Chart

Eaton Vance Tax Advgd Gbl Div Fd Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial - - - - -

Eaton Vance Tax Advgd Gbl Div Fd Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Eaton Vance Tax Advgd Gbl Div Fd's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Eaton Vance Tax Advgd Gbl Div Fd's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eaton Vance Tax Advgd Gbl Div Fd's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Tax Advgd Gbl Div Fd's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Eaton Vance Tax Advgd Gbl Div Fd's Price-to-Owner-Earnings falls into.



Eaton Vance Tax Advgd Gbl Div Fd Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Eaton Vance Tax Advgd Gbl Div Fd does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Eaton Vance Tax Advgd Gbl Div Fd Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Eaton Vance Tax Advgd Gbl Div Fd's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Vance Tax Advgd Gbl Div Fd (Eaton Vance Tax Advgd Gbl Div Fd) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Tax Advgd Gbl Div Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return consisting of tax-advantaged dividend income and capital appreciation. The fund pursues its objective by investing in dividend-paying common and preferred stocks. Its portfolio of investments consists of aerospace and defense, capital markets, diversified telecommunication services, electrical equipment, biotechnology, banks, and other areas.
Executives
Derek Digregorio other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Williams Ray Kelly Jr officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Joseph M Mehlman officer: Portfolio Manager MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, FLOOR 20, NEW YORK NY 10036
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110

Eaton Vance Tax Advgd Gbl Div Fd (Eaton Vance Tax Advgd Gbl Div Fd) Headlines