Eaton Vance National Municipal Opportunities Trust Ratios | P/E, ROE & Valuation

On the Key Ratios page for Eaton Vance National Municipal Opportunities Trust (EOT), the latest P/E of 23.9 frames valuation, while ROE 3.99% and ROIC 3.68% indicates profitability and capital efficiency. Together with the current ratio of 4.23 and debt-to-equity 0.14, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

EOT Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$0.90$0.43$0.95$-0.99$-0.91$1.98$0.43$0.92$0.79$1.42
Net Income per Share$0.72$0.31$0.93$-1.01$-0.93$1.97$0.41$0.90$0.77$0.05
Operating Cash Flow per Share$0.72$0.69$0.71$-1.04$0.00$0.00$0.00$0.00$1.62$0.98
Free Cash Flow per Share$0.72$0.69$0.71$-1.04$0.00$0.00$0.00$0.00$1.62$0.98
Cash per Share$0.19$0.00$0.00$0.47$0.47$0.83$0.52$0.00$0.00$0.00
Book Value per Share$17.91$18.01$18.50$18.32$20.07$21.73$20.53$21.09$21.45$0.00
Tangible Book Value per Share$17.91$18.01$18.50$18.32$20.07$21.73$20.53$21.09$21.45$0.00
Interest Debt per Share$2.62$2.63$2.72$2.59$1.27$1.43$1.45$2.43$2.39$0.00
CAPEX per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

EOT Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)23.8753.3817.75-17.58-20.5111.4547.3723.5426.62408.22
Price to Book (P/B)0.950.920.890.960.951.040.9510.960
Price to Sales (P/S)18.7638.817.38-17.92-20.9511.3445.0923.0425.9815.2
Enterprise Value to EBITDA25.9361.5120.54-19.63-21.3611.7545.4424.8929.670
EV to Sales21.6144.7220.12-20.02-21.8211.6347.1625.6428.950
EV to Operating Cash Flow26.9527.8327-18.92000014.140
EV to Free Cash Flow26.9527.8327-18.92000014.140
Enterprise Value$305.14M$299.79M$299.14M$308.34M$310.01M$353.93M$312.33M$358.63M$347.04M$0.00

EOT Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)3.99%1.73%5.04%-5.49%-4.63%9.04%2.01%4.26%3.60%0.00%
Return on Invested Capital (ROIC)3.68%1.52%0.00%-4.80%-0.18%-0.08%2.10%4.06%-0.08%0.00%
Return on Tangible Assets3.47%1.50%4.37%-4.80%-4.25%8.47%1.84%3.70%3.23%0.00%
Earnings Yield4.22%1.87%5.63%-5.69%-4.88%8.73%2.11%4.25%3.76%0.24%
Free Cash Flow Yield4.28%4.14%4.29%-5.90%0.00%0.00%0.00%0.00%7.88%4.53%
Dividend Yield4.84%4.82%4.53%4.24%3.95%3.40%5.05%5.33%5.55%5.73%

EOT Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio4.231.56016.080.697.962.720.673.720
Interest Coverage20.113.298.34-17.32-1.37-1.6812.0820.06-0.440
Income Quality1.012.210.761.0400002.118.5
Debt to Equity0.140.140.140.140.060.070.070.110.110
Debt to Assets12.50%12.23%12.22%12.08%5.76%6.11%6.33%9.80%9.82%0.00%
Net Debt to EBITDA3.428.132.8-2.05-0.850.322.523.040

EOT Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover2.341.53.36-3.15-2.696.880.721.911.950
Payables Turnover1.440.5109.980.344.40.460.281.860
Inventory Turnover000-1.25000000
Days Sales Outstanding155.81243.28108.73-115.75-135.4653.07506.02191.38187.450
Days Payables Outstanding252.79711.93036.561086.0182.86795.31313.84195.840
Days of Inventory on Hand000-291.25000000

EOT Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA25.9361.5120.54-19.63-21.3611.7545.4424.8929.670
Market Cap$264.84M$260.15M$258.44M$276.09M$297.65M$344.99M$298.61M$322.33M$311.45M$327.42M
Enterprise Value$305.14M$299.79M$299.14M$308.34M$310.01M$353.93M$312.33M$358.63M$347.04M$0.00
Dividend Yield4.84%4.82%4.53%4.24%3.95%3.40%5.05%5.33%5.55%5.73%
Payout Ratio114.50%257.19%80.48%-74.57%-81.11%38.88%239.08%125.52%147.83%2339.53%

Frequently Asked Questions

How does Eaton Vance National Municipal Opportunities Trust’s P/E ratio compare with its history?

On this page, EOT's current P/E is 23.9, compared with a multi-year average around 76.5. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is Eaton Vance National Municipal Opportunities Trust market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $264.84M. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Eaton Vance National Municipal Opportunities Trust’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Eaton Vance National Municipal Opportunities Trust's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Eaton Vance National Municipal Opportunities Trust compare to its competitors in key financial ratios?

The fastest way to compare Eaton Vance National Municipal Opportunities Trust with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Eaton Vance National Municipal Opportunities Trust outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Eaton Vance National Municipal Opportunities Trust's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Eaton Vance National Municipal Opportunities Trust is financially strong. Current ratio is about 4.23, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 20.11, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.14, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Eaton Vance National Municipal Opportunities Trust's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Eaton Vance National Municipal Opportunities Trust is sustaining strong returns (for example ROE at 3.99% and ROIC at 3.68%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.