CEV (Eaton Vance CA Muniome Trust) ROE %: 15.66% (As of Nov. 2025) — 375% Above Median


CEV Eaton Vance CA Muni Income Trust CEV
30 GF Score
Price $10.38
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What is Eaton Vance CA Muniome Trust ROE %?

Eaton Vance CA Muniome Trust CEV +0.19% 30 ROE % is 15.66% as of Nov. 2025, which is 375% above its 10-year median of 3.30. GuruFocus rates CEV with a GF Score™ of 30/100. The stock has 5 warning signs investors should review. Among 1,614 Asset Management companies, Eaton Vance CA Muniome Trust ranks worse than 75.22% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Eaton Vance CA Muniome Trust's annualized net income for the quarter that ended in Nov. 2025 was $12.04 Mil. Eaton Vance CA Muniome Trust's average Total Stockholders Equity over the quarter that ended in Nov. 2025 was $76.90 Mil. Therefore, Eaton Vance CA Muniome Trust's annualized ROE % for the quarter that ended in Nov. 2025 was 15.66%.

The historical rank and industry rank for Eaton Vance CA Muniome Trust's ROE % or its related term are showing as below:

CEV' s ROE % Range Over the Past 10 Years
Min: -18.94   Med: 3.3   Max: 12.53
Current: 0.01

During the past 13 years, Eaton Vance CA Muniome Trust's highest ROE % was 12.53%. The lowest was -18.94%. And the median was 3.30%.

CEV's ROE % is ranked worse than
75.22% of 1614 companies
in the Asset Management industry
Industry Median: 6.36 vs CEV: 0.01

Eaton Vance CA Muniome Trust  (AMEX:CEV) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Nov. 2025 )
=Net Income/Total Stockholders Equity
=12.044/76.896
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12.044 / 12.44)*(12.44 / 113.488)*(113.488 / 76.896)
=Net Margin %*Asset Turnover*Equity Multiplier
=96.82 %*0.1096*1.4759
=ROA %*Equity Multiplier
=10.61 %*1.4759
=15.66 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Nov. 2025 )
=Net Income/Total Stockholders Equity
=12.044/76.896
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (12.044 / 12.044) * (12.044 / 12.44) * (12.44 / 113.488) * (113.488 / 76.896)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 96.82 % * 0.1096 * 1.4759
=15.66 %

Note: The net income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Eaton Vance CA Muniome Trust ROE % Related Terms


Eaton Vance CA Muniome Trust ROE % Historical Data

* Premium members only.

The historical data trend for Eaton Vance CA Muniome Trust's ROE % 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 CA Muniome Trust ROE % Chart

Eaton Vance CA Muniome Trust Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.54 -18.94 3.06 6.66 0.01

Eaton Vance CA Muniome Trust Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
ROE % 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 3.13 3.46 9.92 -15.23 15.66

CEV vs EEA, PCM, NMS: ROE % Comparison

For the Asset Management subindustry, Eaton Vance CA Muniome Trust's ROE %, along with its competitors' market caps and ROE % 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 CA Muniome Trust ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance CA Muniome Trust's ROE % distribution charts can be found below:

* The bar in red indicates where Eaton Vance CA Muniome Trust's ROE % falls into.


CEV
30GF Score
Eaton Vance CA Muni Income Trust CEV
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eaton Vance CA Muniome Trust ROE % Calculation

Eaton Vance CA Muniome Trust's annualized ROE % for the fiscal year that ended in Nov. 2025 is calculated as

ROE %=Net Income (A: Nov. 2025 )/( (Total Stockholders Equity (A: Nov. 2024 )+Total Stockholders Equity (A: Nov. 2025 ))/ count )
=0.005/( (83.066+78.852)/ 2 )
=0.005/80.959
=0.01 %

Eaton Vance CA Muniome Trust's annualized ROE % for the quarter that ended in Nov. 2025 is calculated as

ROE %=Net Income (Q: Nov. 2025 )/( (Total Stockholders Equity (Q: May. 2025 )+Total Stockholders Equity (Q: Nov. 2025 ))/ count )
=12.044/( (74.94+78.852)/ 2 )
=12.044/76.896
=15.66 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Nov. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 15.66% mean?
Eaton Vance CA Muniome Trust (CEV) has a ROE % of 15.66% as of Nov. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Eaton Vance CA Muniome Trust and its competitors. This is 375% above median its historical median of 3.30. According to the industry distribution chart, Eaton Vance CA Muniome Trust ranks #1214 out of 1614 companies in the Asset Management industry, placing it in the top 75.2%.
Is Eaton Vance CA Muniome Trust's ROE % too high?
Eaton Vance CA Muniome Trust's current ROE % of 15.66% is 375% above median its 10-year median of 3.30. The Asset Management industry median ROE % is 6.36. Eaton Vance CA Muniome Trust's value of 15.66% is 146.2% above this industry median. Based on the distribution chart, Eaton Vance CA Muniome Trust ranks #1214 out of 1614 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Eaton Vance CA Muniome Trust has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance CA Muniome Trust's ROE % compare to EEA and PCM?
According to the Asset Management industry distribution chart, Eaton Vance CA Muniome Trust ranks #1214 out of 1614 companies for ROE %. This places Eaton Vance CA Muniome Trust in the lower half of its industry. The industry median ROE % is 6.36. Eaton Vance CA Muniome Trust's value of 15.66% is 146.2% above this benchmark. While the company's 10-year median is 3.30 vs. the industry median of 6.36, Eaton Vance CA Muniome Trust has consistently been above 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.36, based on 1,614 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eaton Vance CA Muniome Trust's current ROE % of 15.66% is 146.2% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Eaton Vance CA Muniome Trust and its competitors. For the Asset Management industry, the median ROE % is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eaton Vance CA Muniome Trust's current ROE % is 15.66%, which is 375% above median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance CA Muniome Trust stock overvalued right now?
Eaton Vance CA Muniome Trust (CEV) has a current ROE % of 15.66%. The current ROE % is 15.66%, which is 375% above median its 10-year median of 3.30 and 146.2% above the Asset Management industry median of 6.36. Eaton Vance CA Muniome Trust's overall GF Score™ is 30/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Eaton Vance CA Muniome Trust (CEV), the current ROE % is 15.66% as of Nov. 2025. 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 CA Muniome Trust Business Description

Address One Post Office Square, Boston, MA, USA, 02109
Eaton Vance CA Muni Income Trust is a non-diversified closed-end investment company. The company's investment objective is to provide current income exempt from regular federal income tax and California state personal income taxes. It invests in municipal obligations, issued by the State of California or its political subdivisions, agencies, authorities and instrumentalities and also has some exposure to corporate bonds.
30GF Score

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