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Eaton Vance Floating-rateome TrustEFT +0.09%22 Return-on-Tangible-Asset is 2.86% as of Nov. 2025, which is 4% below its 10-year median of 2.99. GuruFocus rates EFT with a GF Score™ of 22/100. The stock has 5 warning signs investors should review. Among 1,633 Asset Management companies, Eaton Vance Floating-rateome Trust ranks worse than 59.83% on this metric.
The historical rank and industry rank for Eaton Vance Floating-rateome Trust's Return-on-Tangible-Asset or its related term are showing as below:
EFT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.33 Med: 2.99 Max: 10.33
Current: 2.31
During the past 8 years, Eaton Vance Floating-rateome Trust's highest Return-on-Tangible-Asset was 10.33%. The lowest was -5.33%. And the median was 2.99%.
EFT's Return-on-Tangible-Asset is ranked worse than 59.83% of 1633
companies
in the Asset Management industry
Industry Median: 4.25
vs EFT: 2.31
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Eaton Vance Floating-rateome Trust Return-on-Tangible-Asset Related Terms
Eaton Vance Floating-rateome Trust Return-on-Tangible-Asset 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.
EFT vs DBL, BRW, ACV: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Eaton Vance Floating-rateome Trust's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Eaton Vance Floating-rateome Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Eaton Vance Floating-rateome Trust's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Nov. 2025) net income data.
What does a Return-on-Tangible-Asset of 2.86% mean?
Eaton Vance Floating-rateome Trust (EFT) has a Return-on-Tangible-Asset of 2.86% as of Nov. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Eaton Vance Floating-rateome Trust and its competitors. This is near median its historical median of 2.99. According to the industry distribution chart, Eaton Vance Floating-rateome Trust ranks #977 out of 1633 companies in the Asset Management industry, placing it in the top 59.8%.
Is Eaton Vance Floating-rateome Trust's Return-on-Tangible-Asset too high?
Eaton Vance Floating-rateome Trust's current Return-on-Tangible-Asset of 2.86% is near median its 10-year median of 2.99. The Asset Management industry median Return-on-Tangible-Asset is 4.25. Eaton Vance Floating-rateome Trust's value of 2.86% is 32.7% below this industry median. Based on the distribution chart, Eaton Vance Floating-rateome Trust ranks #977 out of 1633 companies in the Asset Management industry, which is below the industry midpoint. Overall, Eaton Vance Floating-rateome Trust has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Floating-rateome Trust's Return-on-Tangible-Asset compare to DBL and BRW?
According to the Asset Management industry distribution chart, Eaton Vance Floating-rateome Trust ranks #977 out of 1633 companies for Return-on-Tangible-Asset. This places Eaton Vance Floating-rateome Trust in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.25. Eaton Vance Floating-rateome Trust's value of 2.86% is 32.7% below this benchmark. While the company's 10-year median is 2.99 vs. the industry median of 4.25, Eaton Vance Floating-rateome 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 Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.25, based on 1,633 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eaton Vance Floating-rateome Trust's current Return-on-Tangible-Asset of 2.86% is 32.7% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Eaton Vance Floating-rateome Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eaton Vance Floating-rateome Trust's current Return-on-Tangible-Asset is 2.86%, which is near median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Floating-rateome Trust stock overvalued right now?
Eaton Vance Floating-rateome Trust (EFT) has a current Return-on-Tangible-Asset of 2.86%. The current Return-on-Tangible-Asset is 2.86%, which is near median its 10-year median of 2.99 and 32.7% below the Asset Management industry median of 4.25. Eaton Vance Floating-rateome Trust's overall GF Score™ is 22/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Eaton Vance Floating-rateome Trust (EFT), the current Return-on-Tangible-Asset is 2.86% as of Nov. 2025. 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.
Eaton Vance Floating-rateome Trust Business Description
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.
22GF Score
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