Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Pioneer Floating Rate Trust's Enterprise Value is $64.87 Mil.
Pioneer Floating Rate Trust's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2025 was $12.48 Mil. Therefore, Pioneer Floating Rate Trust's EV-to-FCF for today is 5.20.
The historical rank and industry rank for Pioneer Floating Rate Trust's EV-to-FCF or its related term are showing as below:
PHD'
s EV-to-FCF Range Over the Past 10 Years
Min: 1.08 Med: 13.49 Max: 24
Current: 5.2
During the past 8 years, the highest EV-to-FCF of Pioneer Floating Rate Trust was 24.00. The lowest was 1.08. And the median was 13.49.
PHD's EV-to-FCF is not ranked
in the Asset Management industry.
Industry Median: 14.5
vs PHD: 5.20
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Pioneer Floating Rate Trust's PE Ratio (TTM) for today is calculated as:
Pioneer Floating Rate Trust's share price for today is $0.40.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Pioneer Floating Rate Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2025 was $0.670.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Pioneer Floating Rate Trust EV-to-FCF Related Terms
Pioneer Floating Rate Trust EV-to-FCF Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Pioneer Floating Rate Trust's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Pioneer Floating Rate Trust EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pioneer Floating Rate Trust's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Pioneer Floating Rate Trust's EV-to-FCF falls into.
Pioneer Floating Rate Trust's current Enterprise Value is $64.87 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Pioneer Floating Rate Trust's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2025 was $12.48 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Pioneer Floating Rate Trust (PHD) has a EV-to-FCF of 5.20 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Pioneer Floating Rate Trust and its competitors. This is 61% below median its historical median of 13.49. Over the past decade, Pioneer Floating Rate Trust's EV-to-FCF has ranged from 1.08 to 24.00.
Is Pioneer Floating Rate Trust's EV-to-FCF too high?
Pioneer Floating Rate Trust's current EV-to-FCF of 5.20 is 61% below median its 10-year median of 13.49. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 24.00. The Asset Management industry median EV-to-FCF is 14.50. Pioneer Floating Rate Trust's value of 5.20 is 64.1% below this industry median. Overall, Pioneer Floating Rate Trust has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Pioneer Floating Rate Trust's EV-to-FCF compare to DEFG and PIAC?
Pioneer Floating Rate Trust's EV-to-FCF of 5.20 can be compared against companies in the Asset Management industry. The industry median EV-to-FCF is 14.50. Pioneer Floating Rate Trust's value of 5.20 is 64.1% below this benchmark. Historically, Pioneer Floating Rate Trust's own EV-to-FCF has ranged from 1.08 to 24.00 over the past decade. While the company's 10-year median is 13.49 vs. the industry median of 14.50, Pioneer Floating Rate Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.50, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pioneer Floating Rate Trust's current EV-to-FCF of 5.20 is 64.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Pioneer Floating Rate Trust and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Floating Rate Trust's current EV-to-FCF is 5.20, which is 61% below median its own 10-year median of 13.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Floating Rate Trust stock overvalued right now?
Pioneer Floating Rate Trust (PHD) has a current EV-to-FCF of 5.20. The current EV-to-FCF is 5.20, which is 61% below median its 10-year median of 13.49 and 64.1% below the Asset Management industry median of 14.50. Pioneer Floating Rate Trust's overall GF Score™ is 12/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Pioneer Floating Rate Trust (PHD), the current EV-to-FCF is 5.20 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Pioneer Floating Rate Trust is a diversified, closed-end fund. It invests in the fixed income markets of the United States. The fund basically invests in senior secured floating-rate loans. It benchmarks the performance of its portfolio against the other High Yield Loans Index banks.
12GF Score
Get the complete analysis for PHD
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHD has been successfully added to your 
