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The historical rank and industry rank for Calamos L/S Equity & Dynamic Trust's Return-on-Tangible-Equity or its related term are showing as below:
CPZ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.12 Med: 3.8 Max: 28.93
Current: 0.36
During the past 6 years, Calamos L/S Equity & Dynamic Trust's highest Return-on-Tangible-Equity was 28.93%. The lowest was -11.12%. And the median was 3.80%.
CPZ's Return-on-Tangible-Equity is ranked worse than 74.98% of 1587
companies
in the Asset Management industry
Industry Median: 7.4
vs CPZ: 0.36
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Calamos L/S Equity & Dynamic Trust Return-on-Tangible-Equity Related Terms
Calamos L/S Equity & Dynamic Trust Return-on-Tangible-Equity 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.
CPZ vs NHS, JRS, NUW: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Calamos L/S Equity & Dynamic Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Calamos L/S Equity & Dynamic Trust Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Calamos L/S Equity & Dynamic Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Calamos L/S Equity & Dynamic Trust's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -5.19% mean?
Calamos L/S Equity & Dynamic Trust (CPZ) has a Return-on-Tangible-Equity of -5.19% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Calamos L/S Equity & Dynamic Trust and its competitors. According to the industry distribution chart, Calamos L/S Equity & Dynamic Trust ranks #1190 out of 1587 companies in the Asset Management industry, placing it in the top 75%.
Is Calamos L/S Equity & Dynamic Trust's Return-on-Tangible-Equity too high?
Calamos L/S Equity & Dynamic Trust's current Return-on-Tangible-Equity is -5.19%. Based on the distribution chart, Calamos L/S Equity & Dynamic Trust ranks #1190 out of 1587 companies in the Asset Management industry, which is below the industry midpoint. Overall, Calamos L/S Equity & Dynamic Trust has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calamos L/S Equity & Dynamic Trust's Return-on-Tangible-Equity compare to NHS and JRS?
According to the Asset Management industry distribution chart, Calamos L/S Equity & Dynamic Trust ranks #1190 out of 1587 companies for Return-on-Tangible-Equity. This places Calamos L/S Equity & Dynamic Trust in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.40. 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.40, based on 1,587 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Calamos L/S Equity & Dynamic Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calamos L/S Equity & Dynamic Trust's current Return-on-Tangible-Equity is -5.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calamos L/S Equity & Dynamic Trust stock overvalued right now?
Based on GuruFocus' analysis, Calamos L/S Equity & Dynamic Trust (CPZ) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.41, compared to a current price of $13.36 — trading 847.5% above its estimated fair value. The current Return-on-Tangible-Equity is -5.19%. Calamos L/S Equity & Dynamic Trust's overall GF Score™ is 32/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Calamos L/S Equity & Dynamic Trust (CPZ), the current Return-on-Tangible-Equity is -5.19% as of Apr. 2026. 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 Calamos L/S Equity & Dynamic Trust (CPZ) Overvalued in 2026?
Based on GuruFocus' analysis, Calamos L/S Equity & Dynamic Trust stock appears to be overvalued.
The current stock price of $13.36 is trading 847.5% above its estimated GF Value™ of $1.41.
GuruFocus considers Calamos L/S Equity & Dynamic Trust to be Significantly Overvalued.
Key valuation signals for CPZ:
Return-on-Tangible-Equity: -5.19%
GF Value™: $1.41 vs. price of $13.36 (847.5% above fair value)
No single metric tells the full story. See the CPZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Calamos L/S Equity & Dynamic Inc Trust is a trust company that seeks to provide current income and risk-managed capital appreciation, with an investment objective to deliver total return through a combination of capital appreciation and current income. The Fund invests in securities across sectors such as Industrials, Healthcare, Financials, Consumer Discretionary, and others, and holds securities with a broad range of maturities, with the average term to maturity typically ranging from two to ten years. Managed assets represent the Fund's total assets, including any assets attributable to leverage that may be outstanding, minus total liabilities other than debt representing financial leverage.
32GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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