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Eaton Vance NY Muniome Trust (Eaton Vance NY Muniome Trust) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Eaton Vance NY Muniome Trust Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eaton Vance NY Muniome Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Eaton Vance NY Muniome Trust's Cyclically Adjusted Price-to-FCF 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.

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Eaton Vance NY Muniome Trust Cyclically Adjusted Price-to-FCF Chart

Eaton Vance NY Muniome Trust Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
Cyclically Adjusted Price-to-FCF
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Eaton Vance NY Muniome Trust Semi-Annual Data
Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21
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Competitive Comparison of Eaton Vance NY Muniome Trust's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Eaton Vance NY Muniome Trust's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 NY Muniome Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance NY Muniome Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Eaton Vance NY Muniome Trust's Cyclically Adjusted Price-to-FCF falls into.



Eaton Vance NY Muniome Trust Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Eaton Vance NY Muniome Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Nov20 is calculated as:

For example, Eaton Vance NY Muniome Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in Nov20 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Nov20 (Change)*Current CPI (Nov20)
=0.927/109.7934*109.7934
=0.927

Current CPI (Nov20) = 109.7934.

Eaton Vance NY Muniome Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201111 1.012 95.449 1.164
201211 0.268 97.133 0.303
201311 1.140 98.334 1.273
201411 0.970 99.635 1.069
201511 1.132 100.135 1.241
201611 0.535 101.829 0.577
201711 0.692 104.072 0.730
201811 1.735 106.338 1.791
201911 0.435 108.519 0.440
202011 0.927 109.793 0.927

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Eaton Vance NY Muniome Trust  (AMEX:EVY) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Eaton Vance NY Muniome Trust Cyclically Adjusted Price-to-FCF Related Terms

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Eaton Vance NY Muniome Trust (Eaton Vance NY Muniome Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance NY Muni Income Trust is a United States-based non-diversified closed-end investment company. Its investment objective is to provide current income exempt from regular federal income tax and taxes in its specified state. The trust invests in debt securities issued by New York municipalities. Its portfolio of investments consists of the hospital, real estate, and other areas.
Executives
Christopher J. Eustance officer: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Harriett Tee Taggart other: Trustee 29400 LAKELAND BOULEVARD, WICKLIFFE OH 44092
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott Eston other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Ralph F Verni director
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
Craig R Brandon other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Laurie G Hylton officer: Chief Financial Officer 255 STATE STREET, BOSTON MA 02109
Group Ag Ubs other: Former 10% Owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Ronald A Pearlman director C/O EATON VANCE, THE EATON VANCE BLDG., 255 STATE ST., BOSTON MA 02109