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Eaton Vance Municipalome TrustEVN -0.37%30 Return-on-Tangible-Equity is 4.44% as of May. 2026, which is 7% below its 10-year median of 4.77. GuruFocus rates EVN with a GF Score™ of 30/100. The stock has 7 warning signs investors should review. Among 1,588 Asset Management companies, Eaton Vance Municipalome Trust ranks better than 54.09% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Eaton Vance Municipalome Trust's annualized net income for the quarter that ended in May. 2026 was $19.20 Mil. Eaton Vance Municipalome Trust's average shareholder tangible equity for the quarter that ended in May. 2026 was $432.07 Mil. Therefore, Eaton Vance Municipalome Trust's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was 4.44%.
The historical rank and industry rank for Eaton Vance Municipalome Trust's Return-on-Tangible-Equity or its related term are showing as below:
EVN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.98 Med: 4.77 Max: 14.5
Current: 8.57
During the past 9 years, Eaton Vance Municipalome Trust's highest Return-on-Tangible-Equity was 14.50%. The lowest was -18.98%. And the median was 4.77%.
EVN's Return-on-Tangible-Equity is ranked better than 54.09% of 1588
companies
in the Asset Management industry
Industry Median: 7.43
vs EVN: 8.57
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Eaton Vance Municipalome Trust Return-on-Tangible-Equity Related Terms
Eaton Vance Municipalome Trust Return-on-Tangible-Equity Historical Data
* 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.
EVN vs HPI, GLAD, DFP: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Eaton Vance Municipalome Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Municipalome Trust Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Eaton Vance Municipalome Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Eaton Vance Municipalome Trust's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (May. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.44% mean?
Eaton Vance Municipalome Trust (EVN) has a Return-on-Tangible-Equity of 4.44% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Eaton Vance Municipalome Trust and its competitors. This is near median its historical median of 4.77. According to the industry distribution chart, Eaton Vance Municipalome Trust ranks #729 out of 1588 companies in the Asset Management industry, placing it in the top 45.9%.
Is Eaton Vance Municipalome Trust's Return-on-Tangible-Equity too high?
Eaton Vance Municipalome Trust's current Return-on-Tangible-Equity of 4.44% is near median its 10-year median of 4.77. The Asset Management industry median Return-on-Tangible-Equity is 7.43. Eaton Vance Municipalome Trust's value of 4.44% is 40.2% below this industry median. Based on the distribution chart, Eaton Vance Municipalome Trust ranks #729 out of 1588 companies in the Asset Management industry, which is above the industry midpoint. Overall, Eaton Vance Municipalome Trust has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Municipalome Trust's Return-on-Tangible-Equity compare to HPI and GLAD?
According to the Asset Management industry distribution chart, Eaton Vance Municipalome Trust ranks #729 out of 1588 companies for Return-on-Tangible-Equity. This puts Eaton Vance Municipalome Trust in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.43. Eaton Vance Municipalome Trust's value of 4.44% is 40.2% below this benchmark. While the company's 10-year median is 4.77 vs. the industry median of 7.43, Eaton Vance Municipalome Trust 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 Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.43, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eaton Vance Municipalome Trust's current Return-on-Tangible-Equity of 4.44% is 40.2% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Eaton Vance Municipalome Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eaton Vance Municipalome Trust's current Return-on-Tangible-Equity is 4.44%, which is near median its own 10-year median of 4.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Municipalome Trust stock overvalued right now?
Eaton Vance Municipalome Trust (EVN) has a current Return-on-Tangible-Equity of 4.44%. The current Return-on-Tangible-Equity is 4.44%, which is near median its 10-year median of 4.77 and 40.2% below the Asset Management industry median of 7.43. Eaton Vance Municipalome Trust's overall GF Score™ is 30/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Eaton Vance Municipalome Trust (EVN), the current Return-on-Tangible-Equity is 4.44% as of May. 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 Income Trust is a United States-based diversified, closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax. The trust's portfolio of investments majorly consists of debt instruments of governments, municipal organizations the interest on which is exempt from regular federal income tax and has also some exposure to corporate bonds and other instruments.
30GF Score
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