Saba Capitalome & Opportunities Fund IISABA -0.60%33 Return-on-Tangible-Asset is 7.94% as of Oct. 2025, which is 344% above its 10-year median of 1.79. GuruFocus rates SABA with a GF Score™ of 33/100. The stock has 4 warning signs investors should review. Among 1,634 Asset Management companies, Saba Capitalome & Opportunities Fund II ranks better than 59.3% on this metric.
SABA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.42 Med: 1.79 Max: 10.81
Current: 6.27
During the past 8 years, Saba Capitalome & Opportunities Fund II's highest Return-on-Tangible-Asset was 10.81%. The lowest was -7.42%. And the median was 1.79%.
SABA's Return-on-Tangible-Asset is ranked better than 59.3% of 1634
companies
in the Asset Management industry
Industry Median: 4.12
vs SABA: 6.27
Saba Capitalome & Opportunities Fund II (NYSE:SABA) Return-on-Tangible-Asset Explanation
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.
Saba Capitalome & Opportunities Fund II Return-on-Tangible-Asset Related Terms
Saba Capitalome & Opportunities Fund II 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.
Saba Capitalome & Opportunities Fund II Return-on-Tangible-Asset Chart
Saba Capitalome & Opportunities Fund II Annual Data
SABA vs LIEN, MFM, SRV: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Saba Capitalome & Opportunities Fund II'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.
Saba Capitalome & Opportunities Fund II Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Saba Capitalome & Opportunities Fund II's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Saba Capitalome & Opportunities Fund II'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 (Oct. 2025) net income data.
What does a Return-on-Tangible-Asset of 7.94% mean?
Saba Capitalome & Opportunities Fund II (SABA) has a Return-on-Tangible-Asset of 7.94% as of Oct. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Saba Capitalome & Opportunities Fund II and its competitors. This is 344% above median its historical median of 1.79. According to the industry distribution chart, Saba Capitalome & Opportunities Fund II ranks #665 out of 1634 companies in the Asset Management industry, placing it in the top 40.7%.
Is Saba Capitalome & Opportunities Fund II's Return-on-Tangible-Asset too high?
Saba Capitalome & Opportunities Fund II's current Return-on-Tangible-Asset of 7.94% is 344% above median its 10-year median of 1.79. The Asset Management industry median Return-on-Tangible-Asset is 4.12. Saba Capitalome & Opportunities Fund II's value of 7.94% is 92.7% above this industry median. Based on the distribution chart, Saba Capitalome & Opportunities Fund II ranks #665 out of 1634 companies in the Asset Management industry, which is above the industry midpoint. Overall, Saba Capitalome & Opportunities Fund II has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Saba Capitalome & Opportunities Fund II's Return-on-Tangible-Asset compare to LIEN and MFM?
According to the Asset Management industry distribution chart, Saba Capitalome & Opportunities Fund II ranks #665 out of 1634 companies for Return-on-Tangible-Asset. This puts Saba Capitalome & Opportunities Fund II in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.12. Saba Capitalome & Opportunities Fund II's value of 7.94% is 92.7% above this benchmark. While the company's 10-year median is 1.79 vs. the industry median of 4.12, Saba Capitalome & Opportunities Fund II 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 4.12, based on 1,634 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. Saba Capitalome & Opportunities Fund II's current Return-on-Tangible-Asset of 7.94% is 92.7% 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 Saba Capitalome & Opportunities Fund II and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saba Capitalome & Opportunities Fund II's current Return-on-Tangible-Asset is 7.94%, which is 344% above median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saba Capitalome & Opportunities Fund II stock overvalued right now?
Saba Capitalome & Opportunities Fund II (SABA) has a current Return-on-Tangible-Asset of 7.94%. The current Return-on-Tangible-Asset is 7.94%, which is 344% above median its 10-year median of 1.79 and 92.7% above the Asset Management industry median of 4.12. Saba Capitalome & Opportunities Fund II's overall GF Score™ is 33/100 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 Saba Capitalome & Opportunities Fund II (SABA), the current Return-on-Tangible-Asset is 7.94% as of Oct. 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.
Saba Capitalome & Opportunities Fund II Business Description
Saba Capital Income & Opportunities Fund II is a closed-end fund. The company seeks high current income, with a secondary goal of capital appreciation. The fund invests in fixed income markets across the globe.
33GF Score
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