Eaton Vance engages in the creation, marketing, and management of investment funds in the United States. It also provides investment management and counseling services to institutions and individuals. The company was founded in 1944 and is based in Boston, Massachusetts.
EV Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Eaton Vance Corp. To summarize, we found that Eaton Vance Corp ranked in the 77th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Eaton Vance Corp ended up being:
Its compound free cash flow growth rate, as measured over the past 5.5 years, is 0.31% -- higher than 74.75% of stocks in our DCF forecasting set.
Eaton Vance Corp's weighted average cost of capital (WACC) is 6%; for context, that number is higher than just 14.5% of tickers in our DCF set.
As a business, Eaton Vance Corp experienced a tax rate of about 18% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than 72.8% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as EV, try RGA, ECPG, CNFR, KINS, and ATAX.