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BlackRock Enhanced Equity Dividend TrustBDJ -0.21%56 Return-on-Tangible-Asset is 16.90% as of Dec. 2025, which is 69% above its 10-year median of 10.01. GuruFocus rates BDJ with a GF Score™ of 56/100 and a GF Value™ of $14.57 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,633 Asset Management companies, BlackRock Enhanced Equity Dividend Trust ranks better than 82.18% on this metric.
BDJ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.06 Med: 10.01 Max: 21.57
Current: 16.3
During the past 9 years, BlackRock Enhanced Equity Dividend Trust's highest Return-on-Tangible-Asset was 21.57%. The lowest was -7.06%. And the median was 10.01%.
BDJ's Return-on-Tangible-Asset is ranked better than 82.18% of 1633
companies
in the Asset Management industry
Industry Median: 4.24
vs BDJ: 16.30
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.
BlackRock Enhanced Equity Dividend Trust Return-on-Tangible-Asset Related Terms
BlackRock Enhanced Equity Dividend 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.
BDJ vs BST, BCAT, RQI: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, BlackRock Enhanced Equity Dividend 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.
BlackRock Enhanced Equity Dividend Trust Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock Enhanced Equity Dividend Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where BlackRock Enhanced Equity Dividend 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 16.90% mean?
BlackRock Enhanced Equity Dividend Trust (BDJ) has a Return-on-Tangible-Asset of 16.90% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on BlackRock Enhanced Equity Dividend Trust and its competitors. This is 69% above median its historical median of 10.01. According to the industry distribution chart, BlackRock Enhanced Equity Dividend Trust ranks #291 out of 1633 companies in the Asset Management industry, placing it in the top 17.8%.
Is BlackRock Enhanced Equity Dividend Trust's Return-on-Tangible-Asset too high?
BlackRock Enhanced Equity Dividend Trust's current Return-on-Tangible-Asset of 16.90% is 69% above median its 10-year median of 10.01. The Asset Management industry median Return-on-Tangible-Asset is 4.24. BlackRock Enhanced Equity Dividend Trust's value of 16.90% is 298.6% above this industry median. Based on the distribution chart, BlackRock Enhanced Equity Dividend Trust ranks #291 out of 1633 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, BlackRock Enhanced Equity Dividend Trust has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BlackRock Enhanced Equity Dividend Trust's Return-on-Tangible-Asset compare to BST and BCAT?
According to the Asset Management industry distribution chart, BlackRock Enhanced Equity Dividend Trust ranks #291 out of 1633 companies for Return-on-Tangible-Asset. This places BlackRock Enhanced Equity Dividend Trust in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.24. BlackRock Enhanced Equity Dividend Trust's value of 16.90% is 298.6% above this benchmark. While the company's 10-year median is 10.01 vs. the industry median of 4.24, BlackRock Enhanced Equity Dividend Trust has consistently been above 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 4.24, 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. BlackRock Enhanced Equity Dividend Trust's current Return-on-Tangible-Asset of 16.90% is 298.6% above 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 BlackRock Enhanced Equity Dividend Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock Enhanced Equity Dividend Trust's current Return-on-Tangible-Asset is 16.90%, which is 69% above median its own 10-year median of 10.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Enhanced Equity Dividend Trust stock overvalued right now?
Based on GuruFocus' analysis, BlackRock Enhanced Equity Dividend Trust (BDJ) is currently considered Significantly Undervalued. The stock's GF Value™ is $14.57, compared to a current price of $9.61 — trading 34% below its estimated fair value. The current Return-on-Tangible-Asset is 16.90%, which is 69% above median its 10-year median of 10.01 and 298.6% above the Asset Management industry median of 4.24. BlackRock Enhanced Equity Dividend Trust's overall GF Score™ is 56/100 with 4 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 BlackRock Enhanced Equity Dividend Trust (BDJ), the current Return-on-Tangible-Asset is 16.90% as of Dec. 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.
Is BlackRock Enhanced Equity Dividend Trust (BDJ) Overvalued in 2026?
Based on GuruFocus' analysis, BlackRock Enhanced Equity Dividend Trust stock appears to be undervalued.
The current stock price of $9.61 is trading 34% below its estimated GF Value™ of $14.57.
GuruFocus considers BlackRock Enhanced Equity Dividend Trust to be Significantly Undervalued.
Key valuation signals for BDJ:
Return-on-Tangible-Asset: 16.90% (69% above median its 10-year median of 10.01)
GF Value™: $14.57 vs. price of $9.61 (34% below fair value)
Industry Position: 298.6% above the Asset Management median (#291 of 1633)
No single metric tells the full story. See the BDJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BlackRock Enhanced Equity Dividend Trust Business Description
BlackRock Enhanced Equity Dividend Trust is a closed-end management investment company. Its primary investment objective is to provide current income and current gains, with a secondary objective of long-term capital appreciation. The trust seeks to achieve its investment objectives by investing in common stocks that pay dividends and have the potential for capital appreciation and by utilizing an option to enhance distributions to its shareholders.
56GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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