Eaton Vance Tax-Advantaged Global Dividend Income Fund Fundamental Analysis (NYSE: ETG)
Eaton Vance Tax-Advantaged Global Dividend Income Fund Fundamental Analysis (NYSE: ETG)
Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) shows moderate financial fundamentals with a PE ratio of 3.77, profit margin of 2.91%, and ROE of 26.88%. The company generates $0.2B in annual revenue with N/A year-over-year growth of N/A.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 79.9/100 based on profitability, valuation, growth, and balance sheet metrics. The B grade reflects solid fundamentals with room for improvement in valuation or growth.
Fundamental Health Score
We analyze ETG's fundamental strength across five key dimensions:
Efficiency Score
ExcellentETG demonstrates superior asset utilization.
Valuation Score
ExcellentETG trades at attractive valuation levels.
Growth Score
ModerateETG shows steady but slowing expansion.
Financial Health Score
ExcellentETG maintains a strong and stable balance sheet.
Profitability Score
ModerateETG maintains healthy but balanced margins.
Key Financial Metrics
Is ETG Expensive or Cheap?
P/E Ratio
ETG trades at 3.77 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, ETG's PEG of 0.01 indicates potential undervaluation.
Price to Book
The market values Eaton Vance Tax-Advantaged Global Dividend Income Fund at 0.98 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 2.92 times EBITDA. This is generally considered low.
How Well Does ETG Make Money?
Net Profit Margin
For every $100 in sales, Eaton Vance Tax-Advantaged Global Dividend Income Fund keeps $2.91 as profit after all expenses.
Operating Margin
Core operations generate 3.00 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $26.88 in profit for every $100 of shareholder equity.
ROA
Eaton Vance Tax-Advantaged Global Dividend Income Fund generates $21.76 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Eaton Vance Tax-Advantaged Global Dividend Income Fund generates strong operating cash flow of $44.32M, reflecting robust business health.
Free Cash Flow
Eaton Vance Tax-Advantaged Global Dividend Income Fund generates strong free cash flow of $44.32M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $0.58 in free cash annually.
FCF Yield
ETG converts 2.40% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
3.77
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.01
vs 25 benchmark
P/B Ratio
Price to book value ratio
0.98
vs 25 benchmark
P/S Ratio
Price to sales ratio
10.96
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.20
vs 25 benchmark
Current Ratio
Current assets to current liabilities
17.46
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.27
vs 25 benchmark
ROA
Return on assets percentage
0.22
vs 25 benchmark
ROCE
Return on capital employed
0.22
vs 25 benchmark
How ETG Stacks Against Its Sector Peers
| Metric | ETG Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 3.77 | 21.07 | Better (Cheaper) |
| ROE | 26.88% | 647.00% | Weak |
| Net Margin | 290.87% | -1593.00% (disorted) | Strong |
| Debt/Equity | 0.20 | 0.90 | Strong (Low Leverage) |
| Current Ratio | 17.46 | 911.99 | Strong Liquidity |
| ROA | 21.76% | -578.00% (disorted) | Strong |
ETG outperforms its industry in 5 out of 6 key metrics, particularly excelling in Net Margin, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Eaton Vance Tax-Advantaged Global Dividend Income Fund's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
N/A
Industry Style: Value, Dividend, Cyclical
EPS CAGR
N/A
Industry Style: Value, Dividend, Cyclical
FCF CAGR
N/A
Industry Style: Value, Dividend, Cyclical