Stock fact sheet · data as of
Eaton Vance Short Duration Muni Opps A (EXMAX): fair value, margin of safety and Wheel Score
Financial Services · Asset Management - Leveraged · United States · Blend
Is EXMAX undervalued?
At 9.66 (close of 16 Oct 2026), EXMAX trades 110% over the GLS average fair value of 4.59, with 0 of 2 models above the price. The stock earns none of the Wheel Score's Value points at this price. That is a statement about price against trailing fundamentals, not about the company's prospects - the Wall Street View and the Growth tab on the Quote page carry the forward numbers.
The average is built from just 2 models (10 Cap, DDM) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files EXMAX under Blend.
Nine valuation models for EXMAX
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 4.79 | -50% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 4.40 | -54% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -0.4839 | -105% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Eaton Vance Short Duration Muni Opps A scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 4.0/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are moderate - ROIC 8.0%, ROE 9.4%, ROA 6.9% - with debt at 0.18 times equity and a free-cash-flow yield of 2.5%.
The dividend yield is 3.10% at a payout ratio of 99%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 8.0% |
|---|---|---|---|
| GLS Moat | 4.0 / 10 | ROE | 9.4% |
| Debt / equity | 0.18 | ROA | 6.9% |
| Free-cash-flow yield | 2.5% | Payout ratio | 99% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 27: No options
No options are listed on Eaton Vance Short Duration Muni Opps A in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 27) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at - a day on a market cap of $808M, with a beta of 0.47 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -110% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 6 / 15 | moat 4.0/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 8 / 20 | 0k shares/day, $808M cap, beta 0.47 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for EXMAX in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management - Leveraged
The 9 companies below are the closest to Eaton Vance Short Duration Muni Opps A by market cap within the Asset Management - Leveraged industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| SDS ProShares - UltraShort S&P500 | 53.71 | 41.68 | -29% | 45Weak | $278M |
| BPLSX Boston Partners Long/Short Equity Fund | 18.63 | 16.97 | -10% | 32No options | $135M |
| ETHT ProShares - Ultra Ether ETF | 15.99 | 1.73 | -822% | 29Weak | $117M |
| MSTX Daily Target 2X Long MSTR ETF | 17.36 | - | - | 30Weak | $55M |
| ASBFX American Funds Short-Term Bond Fund of America;F1 | 9.38 | 54.28 | +83% | 39No options | $12.9B |
| XOMX Direxion Daily XOM Bull 2X ETF | 56.27 | 77.13 | +27% | 39No options | $5M |
| CONX Direxion Daily COIN Bull 2X ETF | 6.66 | 62.46 | +89% | 39No options | $5M |
| MPG Leverage Shares 2x Long MP Daily ETF | 2.79 | 24.35 | +89% | 33Weak | $906K |
| USX Corgi Total U.S. Market 2x Daily ETF | 24.57 | - | - | 15No options | $492K |
⚖ Compare EXMAX with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about EXMAX
Is EXMAX undervalued right now?
No: at 9.66 the stock trades 110% above the GLS average fair value of 4.59 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of EXMAX and what does it mean?
EXMAX has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for EXMAX?
4.59 per share as of 16 Oct 2026 - the simple average of the 2 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Eaton Vance Short Duration Muni Opps A report earnings next?
No upcoming earnings date is recorded for EXMAX in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does EXMAX have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on EXMAX, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.