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OPP (RiverNorth/DoubleLine Strategic Opportunity Fund) EV-to-FCF : 9.45 (As of Dec. 13, 2024)


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What is RiverNorth/DoubleLine Strategic Opportunity Fund EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, RiverNorth/DoubleLine Strategic Opportunity Fund's Enterprise Value is $320.35 Mil. RiverNorth/DoubleLine Strategic Opportunity Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2024 was $33.91 Mil. Therefore, RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF for today is 9.45.

The historical rank and industry rank for RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF or its related term are showing as below:

OPP' s EV-to-FCF Range Over the Past 10 Years
Min: -130.54   Med: 8.37   Max: 63.51
Current: 9.56

During the past 7 years, the highest EV-to-FCF of RiverNorth/DoubleLine Strategic Opportunity Fund was 63.51. The lowest was -130.54. And the median was 8.37.

OPP's EV-to-FCF is ranked better than
67.3% of 1046 companies
in the Asset Management industry
Industry Median: 15.18 vs OPP: 9.56

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.

As of today (2024-12-13), RiverNorth/DoubleLine Strategic Opportunity Fund's stock price is $8.46. RiverNorth/DoubleLine Strategic Opportunity Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $1.106. Therefore, RiverNorth/DoubleLine Strategic Opportunity Fund's PE Ratio (TTM) for today is 7.65.


RiverNorth/DoubleLine Strategic Opportunity Fund EV-to-FCF Historical Data

The historical data trend for RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF 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.

RiverNorth/DoubleLine Strategic Opportunity Fund EV-to-FCF Chart

RiverNorth/DoubleLine Strategic Opportunity Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EV-to-FCF
Get a 7-Day Free Trial -68.35 -139.04 -4.81 62.56 9.37

RiverNorth/DoubleLine Strategic Opportunity Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.81 - 62.56 - 9.37

Competitive Comparison of RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF

For the Asset Management subindustry, RiverNorth/DoubleLine Strategic Opportunity Fund'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.


RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF falls into.



RiverNorth/DoubleLine Strategic Opportunity Fund EV-to-FCF Calculation

RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=320.350/33.905
=9.45

RiverNorth/DoubleLine Strategic Opportunity Fund's current Enterprise Value is $320.35 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth/DoubleLine Strategic Opportunity Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2024 was $33.91 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.


RiverNorth/DoubleLine Strategic Opportunity Fund  (NYSE:OPP) EV-to-FCF Explanation

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.

RiverNorth/DoubleLine Strategic Opportunity Fund's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.46/1.106
=7.65

RiverNorth/DoubleLine Strategic Opportunity Fund's share price for today is $8.46.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth/DoubleLine Strategic Opportunity Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $1.106.

* 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.


RiverNorth/DoubleLine Strategic Opportunity Fund EV-to-FCF Related Terms

Thank you for viewing the detailed overview of RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


RiverNorth/DoubleLine Strategic Opportunity Fund Business Description

Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth/DoubleLine Strategic Opportunity Fund Inc is a closed-end management investment company. The company's investment objective is to seek current income and overall total return.
Executives
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654
Stephen Andrew O'neill other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Brian H Schmucker other: OFFICER OF THE INVT ADVISER 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
Patrick W. Galley director, officer: President 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Youse Guia other: Exec Comm Mbr: OPP Subadviser C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Leticia A. Acosta other: Exec Comm Mbr: OPP Subadviser 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Rivernorth Marketplace Lending Corp other: Investment Adviser 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Fred G Steingraber director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Marcus L Collins officer: CCO and Secretary 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Jonathan M. Mohrhardt officer: CFO and Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
John K Carter director 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607

RiverNorth/DoubleLine Strategic Opportunity Fund Headlines

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