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Eaton Vance New York Municipal Bond Fund (Eaton Vance New York Municipal Bond Fund) Owner Earnings per Share (TTM) : 0.00 (As of Sep. 2023)


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What is Eaton Vance New York Municipal Bond Fund 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 New York Municipal Bond Fund 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 New York Municipal Bond Fund's Owner Earnings per Share (TTM) or its related term are showing as below:



ENX's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 10.83
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Eaton Vance New York Municipal Bond Fund's Earnings per Share (Diluted) for the six months ended in Sep. 2023 was $-0.92. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was $0.15. It's PE Ratio ratio for today is 61.36.

Eaton Vance New York Municipal Bond Fund's EPS without NRI for the six months ended in Sep. 2023 was $-0.92. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2023 was $0.15. It's PE Ratio without NRI ratio for today is 61.36.


Eaton Vance New York Municipal Bond Fund Owner Earnings per Share (TTM) Historical Data

The historical data trend for Eaton Vance New York Municipal Bond Fund'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 New York Municipal Bond Fund Owner Earnings per Share (TTM) Chart

Eaton Vance New York Municipal Bond Fund Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Owner Earnings per Share (TTM)
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Eaton Vance New York Municipal Bond Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Eaton Vance New York Municipal Bond Fund's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Eaton Vance New York Municipal Bond Fund'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 New York Municipal Bond Fund's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance New York Municipal Bond Fund's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Eaton Vance New York Municipal Bond Fund's Price-to-Owner-Earnings falls into.



Eaton Vance New York Municipal Bond Fund 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 New York Municipal Bond Fund 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 New York Municipal Bond Fund Owner Earnings per Share (TTM) Related Terms

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Eaton Vance New York Municipal Bond Fund (Eaton Vance New York Municipal Bond Fund) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance New York Municipal Bond Fund is principally engaged in managing investment funds and providing investment management and advisory services to high-net-worth individuals and institutions. It is a non-diversified, closed-end investment company. Its objective is to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state specific funds, taxes in specified state.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Paul Metheny other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Faust Thomas E Jr other: Management Committee of Eaton 255 STATE STREET, BOSTON MA 02109
Anchal Pachnanda officer: Officer 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
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Christopher J. Eustance officer: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110