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Nuveen Dynamic Municipal OpportunitiesNDMO +0.10%53 Return-on-Tangible-Equity is 2.58% as of Apr. 2026, which is 7% above its 10-year median of 2.41. GuruFocus rates NDMO with a GF Score™ of 53/100 and a GF Value™ of $17.43 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,591 Asset Management companies, Nuveen Dynamic Municipal Opportunities ranks worse than 55.37% on this metric.
NDMO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -33.72 Med: 2.41 Max: 19.52
Current: 5.83
During the past 6 years, Nuveen Dynamic Municipal Opportunities's highest Return-on-Tangible-Equity was 19.52%. The lowest was -33.72%. And the median was 2.41%.
NDMO's Return-on-Tangible-Equity is ranked worse than 55.37% of 1591
companies
in the Asset Management industry
Industry Median: 7.21
vs NDMO: 5.83
Nuveen Dynamic Municipal Opportunities (NYSE:NDMO) Return-on-Tangible-Equity Explanation
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.
Nuveen Dynamic Municipal Opportunities Return-on-Tangible-Equity Related Terms
Nuveen Dynamic Municipal Opportunities 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.
Nuveen Dynamic Municipal Opportunities Return-on-Tangible-Equity Chart
Nuveen Dynamic Municipal Opportunities Annual Data
NDMO vs NML, EMD, NCDL: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Nuveen Dynamic Municipal Opportunities'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.
Nuveen Dynamic Municipal Opportunities Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Dynamic Municipal Opportunities's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nuveen Dynamic Municipal Opportunities'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 2.58% mean?
Nuveen Dynamic Municipal Opportunities (NDMO) has a Return-on-Tangible-Equity of 2.58% 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 Nuveen Dynamic Municipal Opportunities and its competitors. This is near median its historical median of 2.41. According to the industry distribution chart, Nuveen Dynamic Municipal Opportunities ranks #881 out of 1591 companies in the Asset Management industry, placing it in the top 55.4%.
Is Nuveen Dynamic Municipal Opportunities' Return-on-Tangible-Equity too high?
Nuveen Dynamic Municipal Opportunities' current Return-on-Tangible-Equity of 2.58% is near median its 10-year median of 2.41. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Nuveen Dynamic Municipal Opportunities' value of 2.58% is 64.2% below this industry median. Based on the distribution chart, Nuveen Dynamic Municipal Opportunities ranks #881 out of 1591 companies in the Asset Management industry, which is below the industry midpoint. Overall, Nuveen Dynamic Municipal Opportunities has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nuveen Dynamic Municipal Opportunities' Return-on-Tangible-Equity compare to NML and EMD?
According to the Asset Management industry distribution chart, Nuveen Dynamic Municipal Opportunities ranks #881 out of 1591 companies for Return-on-Tangible-Equity. This places Nuveen Dynamic Municipal Opportunities in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Nuveen Dynamic Municipal Opportunities' value of 2.58% is 64.2% below this benchmark. While the company's 10-year median is 2.41 vs. the industry median of 7.21, Nuveen Dynamic Municipal Opportunities has consistently been below 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,591 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. Nuveen Dynamic Municipal Opportunities's current Return-on-Tangible-Equity of 2.58% is 64.2% below 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-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 Nuveen Dynamic Municipal Opportunities and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Dynamic Municipal Opportunities's current Return-on-Tangible-Equity is 2.58%, which is near median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Dynamic Municipal Opportunities stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Dynamic Municipal Opportunities (NDMO) is currently considered Possible Value Trap. The stock's GF Value™ is $17.43, compared to a current price of $10.04 — trading 42.4% below its estimated fair value. The current Return-on-Tangible-Equity is 2.58%, which is near median its 10-year median of 2.41 and 64.2% below the Asset Management industry median of 7.21. Nuveen Dynamic Municipal Opportunities' overall GF Score™ is 53/100 with 6 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 Nuveen Dynamic Municipal Opportunities (NDMO), the current Return-on-Tangible-Equity is 2.58% 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 Nuveen Dynamic Municipal Opportunities (NDMO) Overvalued in 2026?
Based on GuruFocus' analysis, Nuveen Dynamic Municipal Opportunities stock appears to be undervalued.
The current stock price of $10.04 is trading 42.4% below its estimated GF Value™ of $17.43.
GuruFocus considers Nuveen Dynamic Municipal Opportunities to be Possible Value Trap.
Key valuation signals for NDMO:
Return-on-Tangible-Equity: 2.58% (near median its 10-year median of 2.41)
GF Value™: $17.43 vs. price of $10.04 (42.4% below fair value)
Industry Position: 64.2% below the Asset Management median (#881 of 1591)
No single metric tells the full story. See the NDMO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuveen Dynamic Municipal Opportunities Business Description
Nuveen Dynamic Municipal Opportunities is a closed-end management investment company. Its investment objective is to seek total return through income exempt from regular federal income taxes and capital appreciation. A majority of its investments are made in municipal securities, the income from which is exempted from regular federal income taxes.
53GF Score
Get the complete analysis for NDMO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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