Eaton Vance Senior Floating Rate Closed Fund (EFR) fair value: what the stock is really worth
We calculate from audited financials what Eaton Vance Senior Floating Rate Closed Fund is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 13, 2026.
How to read this chart
60‑month range $7.52 – $11.64 · fair‑value band $11.50 – $32.79 · the $10.42 price screens below the $20.84 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 13, 2026.
Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.
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Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Senior Floating-Rate Trust was formed on November 28, 2003 and is domiciled in the United States.
Stock analysis
Eaton Vance Senior Floating Rate Closed Fund (EFR) currently trades at $10.42, while our model-based Fair Value estimate is $20.84, implying the stock looks roughly 50.0% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of $42.51 per share, and 7 of the 9 models we run sit above the $10.42 price.
Bear case: the Multiples group reads lowest at $9.94, and 2 of the 9 models stay below the price. Evidence for this calculation is high.
Scenario range: $11.50 (bear) to $32.79 (bull), the price of $10.42 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 63/100 (solid quality), in the Financial Services sector.
Weak Growth: Revenue growth is weak, negative or inconsistent.
Eaton Vance Senior Floating Rate Closed Fund reported revenue of $30.4M in FY2025 versus $58.5M in FY2021, a compound −15.1%/yr. Reported net income was $22.6M in FY2025, compounding −20.9%/yr from FY2021.
Key figures
Market cap $306M · P/E ratio 20.4 · P/S ratio 15.2 · EPS (TTM) $0.5100 · Dividend yield 10.6% · Net margin 74.3% · Return on equity 3.5% · Return on assets (EBIT) 5.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 44 out of 100 (medium confidence).
What moves the price
The share trades about 7% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at 100%, EFR screens cheaper than that median.
Fair Value models
Bear $11.50Fair Value $20.84Bull $32.79
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is weak, negative or inconsistent.
Revenue growth 1 year
−46.6%
Revenue growth 19 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−4.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+7.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−3.3%
Dividend (yield on the price)10.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−3% vs −2%, steady
Profit margin 2019 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.91% → 74%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−5.1%
Yearly growth needed for the next five years to justify today's price.
Compare Eaton Vance Senior Floating Rate Closed Fund with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Asset Management · 661 stocks
Beats the industry median on 7/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score64 · Above median
Profitability
Return on equity (TTM)4% · Below median
Return on assets4% · Above median
Net margin (TTM)36% · Above median
Operating margin (TTM)76% · Above median
Growth and dividend
Revenue growth−21% · Bottom 25%
Dividend yield (TTM)10.6% · Top 25%
Valuation Multiplesvs Asset Management median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Eaton Vance Senior Floating Rate Closed Fund Fair Value". https://www.fairvalue-calculator.com/stock/EFR
Frequently asked questions
Is Eaton Vance Senior Floating Rate Closed Fund (EFR) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of $20.84 versus a price of $10.42, about +100% upside (undervalued).
What is the fair value of EFR?
Our model-based fair value for Eaton Vance Senior Floating Rate Closed Fund is $20.84 (as of Sep 13, 2026), built from audited fundamentals. The current price: $10.42.
What is the quality score of EFR?
Eaton Vance Senior Floating Rate Closed Fund has a Quality Score of 63/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Eaton Vance Senior Floating Rate Closed Fund (EFR)?
Our model-based price target is the fair value of $20.84 (as of Sep 13, 2026) from 9 valuation models. Cautious scenario $11.50, optimistic scenario $32.79. It is a calculation from audited fundamentals, not an analyst target.
What is the Eaton Vance Senior Floating Rate Closed Fund stock forecast for 2026?
Our models put fair value at $20.84, about +100% upside versus a price of $10.42 (undervalued). Cautious scenario $11.50, optimistic scenario $32.79. The calculation is refreshed regularly with new filings.
What is the revenue of Eaton Vance Senior Floating Rate Closed Fund (EFR)?
Eaton Vance Senior Floating Rate Closed Fund reported trailing-twelve-month revenue of about $48.3M (latest available figure, as of Sep 13, 2026).
Does Eaton Vance Senior Floating Rate Closed Fund pay a dividend?
Eaton Vance Senior Floating Rate Closed Fund currently shows a dividend yield of about 10.58% relative to its recent price (as of Sep 13, 2026).
What growth is priced into Eaton Vance Senior Floating Rate Closed Fund (EFR)?
For today's price to be fair in a discounted-cash-flow model, Eaton Vance Senior Floating Rate Closed Fund would have to grow free cash flow by -5.1 % per year for five years (discount rate 9.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 6 years revenue grew +25.9 % per year. As of Sep 13, 2026.
What discount rate (WACC) does the fair value of EFR use?
Our models discount Eaton Vance Senior Floating Rate Closed Fund at 9.8 %: a base by market capitalisation (small), damped by beta 0.35, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Eaton Vance Senior Floating Rate Closed Fund that is -5.1 % per year a year over ten years, using the same discount rate (9.8 %) and the same formula as our fair value.
How much growth has Eaton Vance Senior Floating Rate Closed Fund (EFR) delivered so far?
Over the past 6 years revenue at Eaton Vance Senior Floating Rate Closed Fund grew +25.9 % a year. The price currently implies -5.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Eaton Vance Senior Floating Rate Closed Fund (EFR) growing?
The median revenue growth in the sector is +8.2 % a year. That is the yardstick for the growth priced into Eaton Vance Senior Floating Rate Closed Fund (-5.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Eaton Vance Senior Floating Rate Closed Fund (EFR)?
The free-cash-flow yield on the price is 18.50 %: that much free cash flow Eaton Vance Senior Floating Rate Closed Fund produces per unit of market value. When it exceeds the discount rate of our models (9.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Eaton Vance Senior Floating Rate Closed Fund (EFR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Eaton Vance Senior Floating Rate Closed Fund it is $20.84 per share (as of Sep 13, 2026), against a price of $10.42. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is Eaton Vance Senior Floating Rate Closed Fund stock overvalued or undervalued in 2026?
As of Sep 13, 2026, EFR trades below its calculated fair value: price $10.42, fair value $20.84, a gap of about +100% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of EFR?
No. The price is what the market pays today ($10.42); the fair value is what the company's own numbers justify ($20.84). For Eaton Vance Senior Floating Rate Closed Fund the two are $10.42 per share apart. That gap is exactly why we show both numbers side by side.
How much is Eaton Vance Senior Floating Rate Closed Fund worth?
The market values Eaton Vance Senior Floating Rate Closed Fund at about $306M (market capitalisation, as of Sep 13, 2026). Per share that is $10.42; our models calculate a fair value of $20.84 per share.
What do the bullish and bearish scenarios say about EFR?
Our models span a range for Eaton Vance Senior Floating Rate Closed Fund: cautious scenario $11.50, base $20.84, optimistic $32.79 per share (as of Sep 13, 2026, price $10.42). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of EFR?
Eaton Vance Senior Floating Rate Closed Fund trades at a price-to-earnings ratio of 20.4 (as of Sep 13, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $20.84 is built from several models across several years. Other multiples: P/B 0.7, P/S 7.4, EV/EBITDA 13.7.
How solid is the balance sheet of Eaton Vance Senior Floating Rate Closed Fund (EFR)?
Balance-sheet figures for Eaton Vance Senior Floating Rate Closed Fund (as of Sep 13, 2026): return on equity 3.5%. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is EFR from its 52-week high?
Eaton Vance Senior Floating Rate Closed Fund trades at $10.42, about 7% below its 52-week high of $11.26 and 5% above the low of $9.92 (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of $20.84 is for.
Which stocks are comparable to Eaton Vance Senior Floating Rate Closed Fund?
From the same area (Financial Services) we also value Blackstone Inc, Investor AB, Brookfield Corporation, KKR & Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Eaton Vance Senior Floating Rate Closed Fund stock attractive at the current price?
The data as of Sep 13, 2026: price $10.42, calculated fair value $20.84 (+100%), Quality Score 63/100, from 9 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of EFR calculated?
We run Eaton Vance Senior Floating Rate Closed Fund through 9 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $20.84, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.8 % above its aggregate fair value. Eaton Vance Senior Floating Rate Closed Fund currently trades 100 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What should I pay attention to with Eaton Vance Senior Floating Rate Closed Fund right now?
The price is below even our cautious bear case ($11.50). The market is more pessimistic than our downside scenario. The model range is unusually wide ($11.50 to $32.79). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Eaton Vance Senior Floating Rate Closed Fund (EFR) come from?
Earnings per share at Eaton Vance Senior Floating Rate Closed Fund grew +5.2 % a year from 2012 to 2023. Broken into its drivers: revenue per share +3.8 %, EBIT margin +1.9 %, tax rate −4.3 %, residual (interest, one-offs) +4.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Eaton Vance Senior Floating Rate Closed Fund
How large is the market capitalisation of Eaton Vance Senior Floating Rate Closed Fund (EFR)?
The market capitalisation of Eaton Vance Senior Floating Rate Closed Fund is $306M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Eaton Vance Senior Floating Rate Closed Fund (EFR)?
The price-to-sales ratio of Eaton Vance Senior Floating Rate Closed Fund is 15.2 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Eaton Vance Senior Floating Rate Closed Fund (EFR)?
Earnings per share at Eaton Vance Senior Floating Rate Closed Fund are $0.5100 (price ÷ EPS = P/E 20.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Eaton Vance Senior Floating Rate Closed Fund (EFR)?
The dividend yield of Eaton Vance Senior Floating Rate Closed Fund is 10.6%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Eaton Vance Senior Floating Rate Closed Fund (EFR)?
The net margin of Eaton Vance Senior Floating Rate Closed Fund is 74.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Eaton Vance Senior Floating Rate Closed Fund (EFR)?
The return on equity (ROE) of Eaton Vance Senior Floating Rate Closed Fund is 3.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Eaton Vance Senior Floating Rate Closed Fund (EFR)?
On an EBIT basis the return on assets of Eaton Vance Senior Floating Rate Closed Fund is 5.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Eaton Vance Senior Floating Rate Closed Fund (EFR)?
The operating margin of Eaton Vance Senior Floating Rate Closed Fund is 76.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Eaton Vance Senior Floating Rate Closed Fund (EFR)?
Revenue at Eaton Vance Senior Floating Rate Closed Fund is growing −21.4% versus a year earlier. How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Eaton Vance Senior Floating Rate Closed Fund (EFR)?
Earnings per share at Eaton Vance Senior Floating Rate Closed Fund are growing +2.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Eaton Vance Senior Floating Rate Closed Fund (EFR) carry?
The net debt of Eaton Vance Senior Floating Rate Closed Fund is $102M (fiscal year 2025, ≈ 1.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Sep 13, 2026