(EFT) Eaton Vance Floating Rate - Ratings and Ratios
Senior Loans, Floating Rate Securities, Fixed Income Securities
EFT EPS (Earnings per Share)
EFT Revenue
Description: EFT Eaton Vance Floating Rate
Eaton Vance Floating-Rate Income Trust (NYSE:EFT) is a closed-ended fund that invests primarily in senior, secured floating-rate loans across diversified sectors in the United States fixed income markets. The fund is managed by Eaton Vance Management and benchmarks its performance against the S&P/LSTA Leveraged Loan Index.
From a portfolio perspective, the funds focus on senior, secured floating-rate loans indicates a relatively low-risk investment strategy, as these loans are typically secured by collateral and have a higher claim in the event of default. This strategy may provide a relatively stable source of income, as the floating-rate nature of the loans can help mitigate the impact of interest rate changes.
To evaluate the funds performance, we can consider key performance indicators (KPIs) such as yield, duration, and credit quality. The funds yield can be compared to its benchmark, the S&P/LSTA Leveraged Loan Index, to assess its relative attractiveness. Additionally, the funds duration, which measures its sensitivity to interest rate changes, can help investors understand its potential volatility. Credit quality is also an essential KPI, as it reflects the funds exposure to potential defaults.
Further analysis of the funds KPIs, such as its expense ratio, trading volume, and dividend coverage ratio, can provide a more comprehensive understanding of its investment merits. For instance, a low expense ratio can help maximize investor returns, while a high trading volume can indicate liquidity. The dividend coverage ratio, which measures the funds ability to cover its dividend payments, is also an essential metric for income-focused investors.
Overall, Eaton Vance Floating-Rate Income Trust (NYSE:EFT) appears to be a relatively conservative investment option, with a focus on generating income through senior, secured floating-rate loans. By examining the funds KPIs and comparing them to its benchmark, investors can make a more informed decision about its potential suitability for their investment objectives.
EFT Stock Overview
| Market Cap in USD | 321m |
| Sub-Industry | Asset Management & Custody Banks |
| IPO / Inception | 2004-07-26 |
EFT Stock Ratings
| Growth Rating | 36.7% |
| Fundamental | 60.7% |
| Dividend Rating | 94.5% |
| Return 12m vs S&P 500 | -12.2% |
| Analyst Rating | 3.0 of 5 |
EFT Dividends
| Dividend Yield 12m | 9.72% |
| Yield on Cost 5y | 14.98% |
| Annual Growth 5y | 13.71% |
| Payout Consistency | 93.1% |
| Payout Ratio | 49.9% |
EFT Growth Ratios
| Growth Correlation 3m | 34.1% |
| Growth Correlation 12m | -0.6% |
| Growth Correlation 5y | 72.2% |
| CAGR 5y | 9.12% |
| CAGR/Max DD 5y | 0.37 |
| Sharpe Ratio 12m | 1.09 |
| Alpha | -10.13 |
| Beta | 0.583 |
| Volatility | 9.69% |
| Current Volume | 128.2k |
| Average Volume 20d | 71.4k |
| Stop Loss | 11.7 (-3.7%) |
| Signal | 1.32 |
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income (38.1m TTM) > 0 and > 6% of Revenue (6% = 3.23m TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA -7.79pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -4.95% (prev -166.0%; Δ 161.0pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.05 (>3.0%) and CFO 29.5m <= Net Income 38.1m (YES >=105%, WARN >=100%) |
| NO Net Debt/EBITDA fails (EBITDA <= 0) |
| Current Ratio 0.84 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (26.4m) change vs 12m ago 0.90% (target <= -2.0% for YES) |
| Gross Margin 95.46% (prev 93.08%; Δ 2.38pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 9.62% (prev 11.96%; Δ -2.34pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.83 (EBITDA TTM -25.5m / Interest Expense TTM 12.8m) >= 6 (WARN >= 3) |
Altman Z'' -0.76
| (A) -0.00 = (Total Current Assets 13.6m - Total Current Liabilities 16.3m) / Total Assets 557.0m |
| (B) -0.17 = Retained Earnings (Balance) -94.8m / Total Assets 557.0m |
| (C) 0.04 = EBIT TTM 23.4m / Avg Total Assets 560.1m |
| (D) -0.44 = Book Value of Equity -94.6m / Total Liabilities 216.7m |
| Total Rating: -0.76 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 60.67
| 1. Piotroski 2.0pt = -3.0 |
| 2. FCF Yield 5.53% = 2.77 |
| 3. FCF Margin 54.86% = 7.50 |
| 4. Debt/Equity 0.64 = 2.30 |
| 5. Debt/Ebitda -8.50 = -2.50 |
| 6. ROIC - WACC -2.76% = -3.45 |
| 7. RoE 10.97% = 0.91 |
| 8. Rev. Trend 9.64% = 0.48 |
| 9. Rev. CAGR 19.42% = 2.43 |
| 10. EPS Trend 29.40% = 0.74 |
| 11. EPS CAGR 73.94% = 2.50 |
What is the price of EFT shares?
Over the past week, the price has changed by +0.66%, over one month by -0.89%, over three months by +2.42% and over the past year by +1.89%.
Is Eaton Vance Floating Rate a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of EFT is around 12.87 USD . This means that EFT is currently overvalued and has a potential downside of 5.93%.
Is EFT a buy, sell or hold?
- Strong Buy: 0
- Buy: 0
- Hold: 2
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the EFT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 14.1 | 16.3% |
Last update: 2025-08-21 11:16
EFT Fundamental Data Overview
CCE Cash And Equivalents = 3.12m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 16.2973
P/S = 6.4645
P/B = 0.9417
Beta = 0.457
Revenue TTM = 53.9m USD
EBIT TTM = 23.4m USD
EBITDA TTM = -25.5m USD
Long Term Debt = 200.4m USD (from nonCurrentLiabilitiesTotal, last quarter)
Short Term Debt = 16.3m USD (from totalCurrentLiabilities, last quarter)
Debt = 216.7m USD (Calculated: Short Term 16.3m + Long Term 200.4m)
Net Debt = 115.9m USD (from netDebt column, last quarter)
Enterprise Value = 534.1m USD (320.5m + Debt 216.7m - CCE 3.12m)
Interest Coverage Ratio = 1.83 (Ebit TTM 23.4m / Interest Expense TTM 12.8m)
FCF Yield = 5.53% (FCF TTM 29.5m / Enterprise Value 534.1m)
FCF Margin = 54.86% (FCF TTM 29.5m / Revenue TTM 53.9m)
Net Margin = 70.66% (Net Income TTM 38.1m / Revenue TTM 53.9m)
Gross Margin = 95.46% ((Revenue TTM 53.9m - Cost of Revenue TTM 2.44m) / Revenue TTM)
Tobins Q-Ratio = -5.65 (set to none) (Enterprise Value 534.1m / Book Value Of Equity -94.6m)
Interest Expense / Debt = 5.92% (Interest Expense 12.8m / Debt 216.7m)
Taxrate = 21.0% (US default)
NOPAT = 18.5m (EBIT 23.4m * (1 - 21.00%))
Current Ratio = 0.84 (Total Current Assets 13.6m / Total Current Liabilities 16.3m)
Debt / Equity = 0.64 (Debt 216.7m / last Quarter total Stockholder Equity 340.4m)
Debt / EBITDA = -8.50 (Net Debt 115.9m / EBITDA -25.5m)
Debt / FCF = 7.33 (Debt 216.7m / FCF TTM 29.5m)
Total Stockholder Equity = 346.9m (last 4 quarters mean)
RoA = 6.83% (Net Income 38.1m, Total Assets 557.0m )
RoE = 10.97% (Net Income TTM 38.1m / Total Stockholder Equity 346.9m)
RoCE = 4.28% (Ebit 23.4m / (Equity 346.9m + L.T.Debt 200.4m))
RoIC = 3.99% (NOPAT 18.5m / Invested Capital 463.5m)
WACC = 6.75% (E(320.5m)/V(537.2m) * Re(8.16%)) + (D(216.7m)/V(537.2m) * Rd(5.92%) * (1-Tc(0.21)))
Shares Correlation 5-Years: -56.40 | Cagr: -2.20%
Discount Rate = 8.16% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 77.30% ; FCFE base≈47.2m ; Y1≈45.4m ; Y5≈44.7m
Fair Price DCF = 29.32 (DCF Value 779.2m / Shares Outstanding 26.6m; 5y FCF grow -5.05% → 3.0% )
Revenue Correlation: 9.64 | Revenue CAGR: 19.42%
Rev Growth-of-Growth: -41.93
EPS Correlation: 29.40 | EPS CAGR: 73.94%
EPS Growth-of-Growth: -639.5
Additional Sources for EFT Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle