What is EACAX P/E ratio?

Eaton Vance California Municipal Opportunities Fund's P/E ratio is 47.62. This is above the market average, reflecting high growth expectations.

What is EACAX return on equity (ROE)?

Eaton Vance California Municipal Opportunities Fund's return on equity (ROE) is 2.13%, indicating how efficiently the company generates profit from shareholders' equity. This is below the typical market average of 12-15%.

NASDAQ · Asset Management

Eaton Vance California Municipal Opportunities Fund (EACAX) Stock

Q: What is Eaton Vance California Municipal Opportunities Fund's market cap?

Eaton Vance California Municipal Opportunities Fund has a market capitalization of $1.10B.

$10.00 +0.30% NASDAQ: EACAX Financial Services

Valuation

Metric	Value
Price	$10.00
Market Cap	$1.10B
P/E Ratio	47.62
P/B Ratio	4.65
P/S Ratio	69.52
EPS (TTM)	$0.21
52-Week High	$10.25
52-Week Low	$9.73
Dividend Yield	3.50%

Financials & Margins

Metric	Value
ROE	2.13%
ROA	1.42%
ROCE	3.83%
Gross Margin	100.00%
Operating Margin	82.87%
Net Margin	32.15%
Debt/Equity	0.44
Current Ratio	0.81

Annual Financials (USD)

Metric	2019	2020	2021	2022	2023
Revenue	$19.0M	$18.0M	$17.0M	$16.0M	$16.0M
Operating Profit	$15.0M	$15.0M	$14.0M	$13.0M	$13.0M
Net Profit	$31.0M	$14.0M	$8.0M	$-57.0M	$5.0M
EPS	$1.25	$0.55	$0.31	$-2.32	$0.21
Op Margin	81.9%	80.9%	79.7%	80.3%	82.9%

Balance Sheet (USD)

Metric	2019	2020	2021	2022	2023
Total Assets	$547.0M	$545.0M	$528.0M	$468.0M	$356.0M
Total Liabilities	$232.0M	$228.0M	$217.0M	$228.0M	$120.0M
Cash	$0	$1.0M	$0	$0	$0
Borrowings	$0	$0	$0	$0	$104.0M

Cash Flow (USD)

Metric	2019	2020	2021	2022	2023
Operating Cash Flow	$19.0M	$23.0M	$17.0M	$18.0M	$124.0M
Investing Cash Flow	$0	$0	$0	$0	$0
Financing Cash Flow	$-12.0M	$-10.0M	$-5.0M	$-9.0M	$-115.0M
Net Cash Flow	$0	$1.0M	$-1.0M	$1.0M	$0
Free Cash Flow	$19.0M	$23.0M	$17.0M	$18.0M	$124.0M

Valuation & Return Ratios

Metric	Value
PEG Ratio	0.03
EV / EBITDA	-150.13
FCF Yield	11.30%
Quick Ratio	0.81
Interest Coverage	0.00
Return 1Y	5.56%
Return 3Y	10.56%
Return 5Y	—

Peer Comparison

Ticker	Price	Change	P/E	Market Cap	Div Yield
AODAbrdn Total Dynamic Dividend Fund	$10.60	+1.44%	4.05	$1.12B	0.00%
FICDXFidelity Canada Fund	$87.48	+0.88%	102.92	$1.13B	5.09%
FUENXFidelity Flex Municipal Income Fund	$9.86	+0.00%	—	$1.31B	3.65%
MUCBlackRock MuniHoldings California Quality Fund, Inc.	$10.61	+0.28%	46.13	$999.29M	6.03%
PDXPimco Dynamic Income Strategy Fund	$21.49	-0.46%	0.00	$960.75M	7.62%

About Eaton Vance California Municipal Opportunities Fund

Under typical market conditions, this fund commits a minimum of 80% of its net assets—including any capital borrowed for investment purposes—to municipal debt instruments. These instruments are specifically selected because their income is exempt from both federal income tax and California state personal income taxes. The fund has the discretion to allocate 25% or more of its total assets to particular types of municipal obligations, such as general obligations, municipal leases, principal-only municipal investments, revenue bonds, and industrial development bonds. Additionally, it may concentrate a similar portion of its investments within one or more economic sectors, including housing, hospitals, healthcare facilities, or utilities.

Eaton Vance California Municipal Opportunities Fund is headquartered in US.

Eaton Vance California Municipal Opportunities Fund (EACAX) stock trades at $10.00 with a market capitalization of $1.10B. The stock is valued at a price-to-earnings (P/E) ratio of 47.62, price-to-book of 4.65, price-to-sales of 69.52. Over the past 52 weeks the stock has ranged between $9.73 and $10.25, and currently trades 2.4% below its 52-week high. It pays a dividend yielding 3.50%.

On profitability, Eaton Vance California Municipal Opportunities Fund generates a return on equity (ROE) of 2.13%, return on capital employed of 3.83%, an operating margin of 82.87%, a net profit margin of 32.15%.

Official website: www.eatonvance.com/products/mutual-funds/municipals/eaton-vance-california-municipal-opportunities-fund.shareclass.a.html