Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2024-04-18), Eaton Vance New York Municipal Bond Fund's Intrinsic Value: Projected FCF is $18.02. The stock price of Eaton Vance New York Municipal Bond Fund is $9.48. Therefore, Eaton Vance New York Municipal Bond Fund's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.
The historical rank and industry rank for Eaton Vance New York Municipal Bond Fund's Intrinsic Value: Projected FCF or its related term are showing as below:
ENX'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.46 Med: 0.68 Max: 0.78
Current: 0.53
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Eaton Vance New York Municipal Bond Fund was 0.78. The lowest was 0.46. And the median was 0.68.
ENX's Price-to-Projected-FCF is ranked better than 77.48% of 928
companies
in the Asset Management industry
Industry Median: 0.91
vs ENX: 0.53
Eaton Vance New York Municipal Bond Fund Intrinsic Value: Projected FCF Historical Data
The historical data trend for Eaton Vance New York Municipal Bond Fund's Intrinsic Value: Projected 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.
* Premium members only.
Eaton Vance New York Municipal Bond Fund Annual Data
Trend
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Sep21
Sep22
Sep23
Intrinsic Value: Projected FCF
16.29
17.32
17.99
14.14
18.02
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
Intrinsic Value: Projected FCF
17.99
-
14.14
-
18.02
Competitive Comparison
For the Asset Management subindustry, Eaton Vance New York Municipal Bond Fund's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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 New York Municipal Bond Fund Price-to-Projected-FCF Distribution
For the Asset Management industry and Financial Services sector, Eaton Vance New York Municipal Bond Fund's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Eaton Vance New York Municipal Bond Fund's Price-to-Projected-FCF falls into.
Eaton Vance New York Municipal Bond Fund Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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 New York Municipal Bond Fund (AMEX:ENX) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Eaton Vance New York Municipal Bond Fund's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
9.48
/
18.015215075444
=
0.53
* 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 New York Municipal Bond Fund Intrinsic Value: Projected FCF Related Terms
Thank you for viewing the detailed overview of Eaton Vance New York Municipal Bond Fund's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Eaton Vance New York Municipal Bond Fund (Eaton Vance New York Municipal Bond Fund) Business Description
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.
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