GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance PA Muni Income Trust (AMEX:EVP) » Definitions » Intrinsic Value: Projected FCF

Eaton Vance PA Muniome Trust (Eaton Vance PA Muniome Trust) Intrinsic Value: Projected FCF : $13.13 (As of May. 06, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Eaton Vance PA Muniome Trust Intrinsic Value: Projected FCF?

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 (2024-05-06), Eaton Vance PA Muniome Trust's Intrinsic Value: Projected FCF is $13.13. The stock price of Eaton Vance PA Muniome Trust is $11.4589. Therefore, Eaton Vance PA Muniome Trust's Price-to-Intrinsic-Value-Projected-FCF of today is 0.9.

The historical rank and industry rank for Eaton Vance PA Muniome Trust's Intrinsic Value: Projected FCF or its related term are showing as below:

EVP' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.82   Med: 1.04   Max: 1.08
Current: 0.87

During the past 8 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Eaton Vance PA Muniome Trust was 1.08. The lowest was 0.82. And the median was 1.04.

EVP's Price-to-Projected-FCF is not ranked
in the Asset Management industry.
Industry Median: 0.93 vs EVP: 0.87

Eaton Vance PA Muniome Trust Intrinsic Value: Projected FCF Historical Data

The historical data trend for Eaton Vance PA Muniome Trust'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 PA Muniome Trust Intrinsic Value: Projected FCF Chart

Eaton Vance PA Muniome Trust Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial - - 11.11 11.85 13.13

Eaton Vance PA Muniome Trust Semi-Annual Data
May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18
Intrinsic Value: Projected FCF 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 - 11.85 - 13.13 -

Competitive Comparison of Eaton Vance PA Muniome Trust's Intrinsic Value: Projected FCF

For the Asset Management subindustry, Eaton Vance PA Muniome Trust'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 PA Muniome Trust's Price-to-Projected-FCF Distribution in the Asset Management Industry

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

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



Eaton Vance PA Muniome Trust 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.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Eaton Vance PA Muniome Trust's Free Cash Flow(6 year avg) = $0.52.

Eaton Vance PA Muniome Trust's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Nov17)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*0.51742857142857+39.42*0.8)/2.583
=14.12

* 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 PA Muniome Trust  (AMEX:EVP) 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 PA Muniome Trust's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=11.4589/14.116183478822
=0.81

* 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 PA Muniome Trust Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Eaton Vance PA Muniome Trust's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Traded in Other Exchanges
N/A
Address
Eaton Vance PA Muni Income Trust is a non-diversified, closed-end management investment company operating in the United States. Its investment objective is to provide current income exempt from regular federal income tax and taxes in its specified state. The company invests in debt securities issued by Pennsylvania municipalities. Its strategy is to invest mainly in investment grade bonds. The trust may use interest rate hedging to moderate performance on both the upside and the downside of the market as well as to enhance the performance of the portfolio. Eaton Vance Management acts as an investment adviser of the trust.
Executives
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
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
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
Susan J Sutherland other: Trustee MONTPELIER HOUSE, 94 PITTS BAY ROAD, HAMILTON D0 HM 08
Cynthia Frost other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02148
George J. Gorman other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Lynn A Stout director C/O EATON VANCE, THE EATON VANCE BLDG., 255 STATE ST., BOSTON MA 02109
Valerie Mosley other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
James F Kirchner officer: Treasurer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Scott Eston other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110

Eaton Vance PA Muniome Trust (Eaton Vance PA Muniome Trust) Headlines

No Headlines