EIM (Eaton Vance Municipal Bond Fund) EV-to-OCF: 5.10 (As of Sep. 09, 2026) — 58% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

EIM Eaton Vance Municipal Bond Fund EIM
28 GF Score
Price $9.46
! 3 Warning Signs
View Full Analysis

What is Eaton Vance Municipal Bond Fund EV-to-OCF?

Eaton Vance Municipal Bond Fund EIM +0.16% 28 EV-to-OCF is 5.10 as of Sep. 09, 2026, which is 58% below its 10-year median of 12.16. GuruFocus rates EIM with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 1,496 Asset Management companies, Eaton Vance Municipal Bond Fund ranks better than 50.8% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Eaton Vance Municipal Bond Fund's Enterprise Value is $721.48 Mil. Eaton Vance Municipal Bond Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $141.44 Mil. Therefore, Eaton Vance Municipal Bond Fund's EV-to-OCF for today is 5.10.

The historical rank and industry rank for Eaton Vance Municipal Bond Fund's EV-to-OCF or its related term are showing as below:

EIM' s EV-to-OCF Range Over the Past 10 Years
Min: 3.8   Med: 12.16   Max: 55.91
Current: 5.1

During the past 13 years, the highest EV-to-OCF of Eaton Vance Municipal Bond Fund was 55.91. The lowest was 3.80. And the median was 12.16.

EIM's EV-to-OCF is ranked better than
50.8% of 1496 companies
in the Asset Management industry
Industry Median: 5.475 vs EIM: 5.10

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-09), Eaton Vance Municipal Bond Fund's stock price is $9.455. Eaton Vance Municipal Bond Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.212. Therefore, Eaton Vance Municipal Bond Fund's PE Ratio (TTM) for today is 44.60.


Eaton Vance Municipal Bond Fund  (AMEX:EIM) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Eaton Vance Municipal Bond Fund's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=9.455/0.212
=44.60

Eaton Vance Municipal Bond Fund's share price for today is $9.455.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Eaton Vance Municipal Bond Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.212.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Eaton Vance Municipal Bond Fund EV-to-OCF Related Terms


Eaton Vance Municipal Bond Fund EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Eaton Vance Municipal Bond Fund's EV-to-OCF 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.

Eaton Vance Municipal Bond Fund EV-to-OCF Chart

Eaton Vance Municipal Bond Fund Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.48 11.16 3.59 4.04 4.21

Eaton Vance Municipal Bond Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 4.04 0.00 4.21 0.00

EIM vs FTHY, IFN, BLW: EV-to-OCF Comparison

For the Asset Management subindustry, Eaton Vance Municipal Bond Fund's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 Municipal Bond Fund EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Municipal Bond Fund's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Eaton Vance Municipal Bond Fund's EV-to-OCF falls into.


EIM
28GF Score
Eaton Vance Municipal Bond Fund EIM
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eaton Vance Municipal Bond Fund EV-to-OCF Calculation

Eaton Vance Municipal Bond Fund's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=721.478/141.438
=5.10

Eaton Vance Municipal Bond Fund's current Enterprise Value is $721.48 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Eaton Vance Municipal Bond Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $141.44 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 5.10 mean?
Eaton Vance Municipal Bond Fund (EIM) has a EV-to-OCF of 5.10 as of Sep. 09, 2026. This is 58% below median its historical median of 12.16. Over the past decade, Eaton Vance Municipal Bond Fund's EV-to-OCF has ranged from 3.80 to 55.91. According to the industry distribution chart, Eaton Vance Municipal Bond Fund ranks #736 out of 1496 companies in the Asset Management industry, placing it in the top 49.2%.
Is Eaton Vance Municipal Bond Fund's EV-to-OCF too high?
Eaton Vance Municipal Bond Fund's current EV-to-OCF of 5.10 is 58% below median its 10-year median of 12.16. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 55.91. The Asset Management industry median EV-to-OCF is 5.48. Eaton Vance Municipal Bond Fund's value of 5.10 is 6.8% below this industry median. Based on the distribution chart, Eaton Vance Municipal Bond Fund ranks #736 out of 1496 companies in the Asset Management industry, which is above the industry midpoint. Overall, Eaton Vance Municipal Bond Fund has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Municipal Bond Fund's EV-to-OCF compare to FTHY and IFN?
According to the Asset Management industry distribution chart, Eaton Vance Municipal Bond Fund ranks #736 out of 1496 companies for EV-to-OCF. This puts Eaton Vance Municipal Bond Fund in the upper half of its industry. The industry median EV-to-OCF is 5.48. Eaton Vance Municipal Bond Fund's value of 5.10 is 6.8% below this benchmark. Historically, Eaton Vance Municipal Bond Fund's own EV-to-OCF has ranged from 3.80 to 55.91 over the past decade. While the company's 10-year median is 12.16 vs. the industry median of 5.48, Eaton Vance Municipal Bond Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.48, based on 1,496 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eaton Vance Municipal Bond Fund's current EV-to-OCF of 5.10 is 6.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 5.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eaton Vance Municipal Bond Fund's current EV-to-OCF is 5.10, which is 58% below median its own 10-year median of 12.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Municipal Bond Fund stock overvalued right now?
Eaton Vance Municipal Bond Fund (EIM) has a current EV-to-OCF of 5.10. The current EV-to-OCF is 5.10, which is 58% below median its 10-year median of 12.16 and 6.8% below the Asset Management industry median of 5.48. Eaton Vance Municipal Bond Fund's overall GF Score™ is 28/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Eaton Vance Municipal Bond Fund (EIM), the current EV-to-OCF is 5.10 as of Sep. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Eaton Vance Municipal Bond Fund Business Description

Address One Post Office Square, Boston, MA, USA, 02109
Eaton Vance Municipal Bond Fund is a non-diversified closed-end management investment company. It consists of Municipal bond fund, California municipal bond fund, and New York municipal bond fund. The company's investment objective is to provide current income exempt from regular federal income tax, alternative minimum tax, and taxes in specified states. Its investment plan is to invest in higher quality bonds.
28GF Score

Get the complete analysis for EIM

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.46
Price