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Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) Price-to-Free-Cash-Flow

: 4.90 (As of Today)
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As of today (2024-04-19), Eaton Vance Floating-rateome Trust's share price is $13.36. Eaton Vance Floating-rateome Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $2.73. Hence, Eaton Vance Floating-rateome Trust's Price-to-Free-Cash-Flow Ratio for today is 4.90.

The historical rank and industry rank for Eaton Vance Floating-rateome Trust's Price-to-Free-Cash-Flow or its related term are showing as below:

EFT' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.11   Med: 5.75   Max: 22.39
Current: 4.91

During the past 6 years, Eaton Vance Floating-rateome Trust's highest Price-to-Free-Cash-Flow Ratio was 22.39. The lowest was 1.11. And the median was 5.75.

EFT's Price-to-Free-Cash-Flow is ranked better than
82.76% of 1021 companies
in the Asset Management industry
Industry Median: 12.62 vs EFT: 4.91

Eaton Vance Floating-rateome Trust's Free Cash Flow per Share for the six months ended in Nov. 2023 was $1.89. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $2.73.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Eaton Vance Floating-rateome Trust was 135.70% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -3.00% per year.

During the past 6 years, Eaton Vance Floating-rateome Trust's highest 3-Year average Free Cash Flow per Share Growth Rate was 118.70% per year. The lowest was -3.00% per year. And the median was 57.85% per year.


Eaton Vance Floating-rateome Trust Price-to-Free-Cash-Flow Historical Data

The historical data trend for Eaton Vance Floating-rateome Trust's Price-to-Free-Cash-Flow can be seen below:

* 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.

* Premium members only.

Eaton Vance Floating-rateome Trust Annual Data
Trend May18 May19 May20 May21 May22 May23
Price-to-Free-Cash-Flow
Premium Member Only 14.33 4.58 - 1.25 5.03

Eaton Vance Floating-rateome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Price-to-Free-Cash-Flow Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.25 - 5.03 -

Competitive Comparison

For the Asset Management subindustry, Eaton Vance Floating-rateome Trust's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Eaton Vance Floating-rateome Trust Price-to-Free-Cash-Flow Distribution

For the Asset Management industry and Financial Services sector, Eaton Vance Floating-rateome Trust's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Eaton Vance Floating-rateome Trust's Price-to-Free-Cash-Flow falls into.



Eaton Vance Floating-rateome Trust Price-to-Free-Cash-Flow Calculation

Eaton Vance Floating-rateome Trust's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=13.36/2.729
=4.90

Eaton Vance Floating-rateome Trust's Share Price of today is $13.36.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Eaton Vance Floating-rateome Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $2.73.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Eaton Vance Floating-rateome Trust  (NYSE:EFT) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Eaton Vance Floating-rateome Trust Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Eaton Vance Floating-rateome Trust's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Floating-rate Income Trust is a closed-end management investment company. The company's objective is to provide a high level of current income and its secondary objective is capital appreciation.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Sarah Anne Choi other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Catherine Mcdermott other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Andrew Sveen other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109