Value
5.0/10data confidence 40%| Component | Sub-score |
|---|---|
| P/E | 10.0 |
| P/S | 0.0 |
ETO · Why this verdict
Why Eaton Vance Tax-Advantage Globa (ETO) is rated HOLD
Updated
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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VerdictHOLD
Overall score6.9/10
ConfidenceMEDIUM
MacroNEUTRAL
Thesis pillars
| Pillar | Expectation | Trend |
|---|---|---|
ETO screens as an elite compounder, with excellent ROE of 28%, a wide economic moat, a Rule of 40 score of 81, and a Piotroski F-Score of 8 out of 9. Quality breakdown | ROE should stay above 20% and the Rule of 40 score above 60 over the next four quarters. | →Stable |
| CounterThe same quality notes flag an earnings-quality red flag: free cash flow is only 9% of net income, suggesting reported profitability is not well backed by actual cash generation. | ||
Revenue growth is strong at 31% year-over-year, per the engine's growth notes, supporting the bull case's growth profile. Growth breakdown | Revenue growth should stay above 20% YoY over the next four quarters. | →Stable |
| CounterGrowth-dimension confidence is only 0.33, the lowest-confidence dimension in the model, so this figure may not be fully reliable. | ||
A BUY verdict is explicitly blocked by insufficient data quality, scored at 0.60 against the 0.70 minimum required, despite otherwise-strong fundamentals. Warnings | Data quality score should rise above 0.70 to unblock a BUY verdict. | →Stable |
| CounterIf the underlying data-quality gap reflects genuinely sparse public disclosure for this closed-end fund rather than a temporary data-feed issue, it may persist indefinitely regardless of fundamental improvement. | ||
ETO ranks with an attractive P/E and superior ROE versus asset-management peers, reflected in a quality peer-rank of 9.6 out of 10. Peer-rank breakdown | The quality peer-rank should remain above 8.0 as long as the ROE and margin advantages versus peers persist. | →Stable |
| CounterA narrow industry peer set (asset management) could overstate genuine business-quality differences versus a broader universe. | ||
The asymmetry gate flags upside as exhausted (0.0%) with the stock sitting just 1.5% below its 52-week high, per the bear case. Gates warning | The asymmetry ratio should remain pinned at or near zero as long as the stock trades at or above its modeled target. | →Stable |
| CounterThe golden-cross breakout setup with bullish MACD suggests continued momentum could push the stock to a new 52-week high, which would require the model to lift its price target rather than confirming exhausted upside. | ||
ETO screens as an elite compounder, with excellent ROE of 28%, a wide economic moat, a Rule of 40 score of 81, and a Piotroski F-Score of 8 out of 9.
→StableQuality breakdown
- Expectation
- ROE should stay above 20% and the Rule of 40 score above 60 over the next four quarters.
CounterThe same quality notes flag an earnings-quality red flag: free cash flow is only 9% of net income, suggesting reported profitability is not well backed by actual cash generation.
Revenue growth is strong at 31% year-over-year, per the engine's growth notes, supporting the bull case's growth profile.
→StableGrowth breakdown
- Expectation
- Revenue growth should stay above 20% YoY over the next four quarters.
CounterGrowth-dimension confidence is only 0.33, the lowest-confidence dimension in the model, so this figure may not be fully reliable.
A BUY verdict is explicitly blocked by insufficient data quality, scored at 0.60 against the 0.70 minimum required, despite otherwise-strong fundamentals.
→StableWarnings
- Expectation
- Data quality score should rise above 0.70 to unblock a BUY verdict.
CounterIf the underlying data-quality gap reflects genuinely sparse public disclosure for this closed-end fund rather than a temporary data-feed issue, it may persist indefinitely regardless of fundamental improvement.
ETO ranks with an attractive P/E and superior ROE versus asset-management peers, reflected in a quality peer-rank of 9.6 out of 10.
→StablePeer-rank breakdown
- Expectation
- The quality peer-rank should remain above 8.0 as long as the ROE and margin advantages versus peers persist.
CounterA narrow industry peer set (asset management) could overstate genuine business-quality differences versus a broader universe.
The asymmetry gate flags upside as exhausted (0.0%) with the stock sitting just 1.5% below its 52-week high, per the bear case.
→StableGates warning
- Expectation
- The asymmetry ratio should remain pinned at or near zero as long as the stock trades at or above its modeled target.
CounterThe golden-cross breakout setup with bullish MACD suggests continued momentum could push the stock to a new 52-week high, which would require the model to lift its price target rather than confirming exhausted upside.
TrendMatrix Research · core thesis
Engine thesis — one sentence
Eaton Vance Tax-Advantage Global screens as an elite compounder with strong growth and peer-leading quality, but a data-quality gap blocks a BUY verdict and the asymmetry gate flags upside as already exhausted near its 52-week high.
Falsifiable statement — pillar-level invalidators below. Engine-derived; not personalized advice.
Per-dimension breakdown
Quality
7.5/10data confidence 100%| Component | Sub-score |
|---|---|
| ROE | 9.4 |
| ROA | 1.4 |
| Gross margin | 10.0 |
| Op margin | 10.0 |
| Current ratio | 8.9 |
| FCF quality | 0.7 |
| Moat | 9.0 |
| Rule of 40 | 9.5 |
| Piotroski F | 8.9 |
- ▸Excellent ROE: 28%
- ▸Earnings quality RED FLAG: 9% FCF/NI
- ▸Wide economic moat
- ▸Compounder quality: strong returns + growth
Growth
10.0/10data confidence 33%| Component | Sub-score |
|---|---|
| Rev growth | 10.0 |
- ▸Strong growth: 31% YoY
Momentum
6.3/10data confidence 100%| Component | Sub-score |
|---|---|
| RSI | 5.5 |
| MACD | 7.1 |
| OBV | 9.1 |
| MA position | 9.0 |
| Volume | 0.7 |
- ▸Volume accumulation (rising OBV)
- ▸Above 200-day MA
Sentiment
5.0/10data confidence 33%| Component | Sub-score |
|---|---|
| Analyst rating | 5.0 |
Insider
6.5/10data confidence 50%| Component | Sub-score |
|---|---|
| materiality | 5.0 |
| holder change | 8.0 |
- ▸No net insider activity — $0 (0.000% of mkt cap)
- ▸Institutions accumulating
Peer rank
8.1/10data confidence 80%| Component | Sub-score |
|---|---|
| value rank | 5.9 |
| quality rank | 9.5 |
| growth rank | 9.1 |
- ▸Best in class
- ▸Attractive P/E vs peers
- ▸Superior ROE vs peers
Technical
5.3/10data confidence 100%| Component | Sub-score |
|---|---|
| bollinger | 3.2 |
| support resistance | 2.5 |
| 52w position | 9.7 |
| gap | 6.0 |
Risk (lower is worse)
8.2/10data confidence 80%| Component | Sub-score |
|---|---|
| days to cover | 10.0 |
| volatility | 8.1 |
| beta | 5.5 |
| debt equity | 9.2 |
Catalyst
5.5/10data confidence 25%| Component | Sub-score |
|---|---|
| dividend safety | 5.5 |
- ▸Dividend: 6.8%
How the verdict was assembled
Engine trigger
Insufficient data quality (0.6) for BUY verdict. Need dq >= 0.7.
Engine technical detail
verdict_path:
L4:PATH_A_DEEP_VALUE|L6c:DATA_QUALITY=0.60Passed (7)
- MOMENTUM:6.3>=5.5
- INSIDER:OK
- 8K:CLEAN
- NEWS_EVENTS:NONE_RECENT
- EARNINGS_PROXIMITY:NO_DATE
- SEMI_CYCLE_PEAK:CLEAR
- MATERIALS_CYCLE_PEAK:CLEAR
Failed (0)
none
Warning (1)
- ASYMMETRY:UPSIDE_EXHAUSTED (upside=0.0%)
Reward-to-Risk
0.00
Upside
+0.0%
Downside
5.0%
Sizing output
AVOID
SetupBreakout — Golden cross, above all MAs, RSI 54, MACD bullish
EdgeNo clear edge — No clear edge identified
SuitabilityAggressive — Beta 1.37>1.3, MCap $0.5B<$5B
Investment implication
The HOLD_IF_HOLDING verdict reflects clean gate clearance against Growth at 10.0 and asymmetric R:R of 0.00.
The strongest dimensions are Growth at 10.0, Risk (lower is worse) at 8.2, and Peer rank at 8.1; the weakest are Sentiment at 5.0, Value at 5.0, and Technical at 5.3. The V9 engine cleared all gates with 1 warning, producing an asymmetric reward-to-risk of 0.00 and an engine sizing output of AVOID.
What would invalidate the thesis
Falsifying conditions — when triggered, the corresponding pillar's thesis is invalidated.
- P1Elite Compounder Quality
Trip ifROE falls below 15% from the current 28%.
- P2Strong Revenue Growth
Trip ifRevenue growth falls below 10% YoY from the current 31%.
- P3Data Quality Blocks Buy
Trip ifData quality score rises above 0.70 from the current 0.60, clearing the BUY-verdict data gate.
- P4Peer Leading Value And Quality Rank
Trip ifQuality peer-rank falls below 5.0 from the current 9.6.
- P5Upside Exhausted Near 52w High
Trip ifAsymmetry ratio rises above 1.0 from the current 0.0, with modeled upside meaningfully exceeding downside.