OPP's Return-on-Tangible-Equity is ranked better than 50.03% of 1587
companies
in the Asset Management industry
Industry Median: 7.18
vs OPP: 7.20
RiverNorth/DoubleLine Strategic Opportunity Fund (NYSE:OPP) 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.
RiverNorth/DoubleLine Strategic Opportunity Fund Return-on-Tangible-Equity Related Terms
RiverNorth/DoubleLine Strategic Opportunity Fund 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.
RiverNorth/DoubleLine Strategic Opportunity Fund Return-on-Tangible-Equity Chart
RiverNorth/DoubleLine Strategic Opportunity Fund Annual Data
OPP vs WIA, WHG, BANX: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, RiverNorth/DoubleLine Strategic Opportunity Fund'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.
RiverNorth/DoubleLine Strategic Opportunity Fund Return-on-Tangible-Equity vs Asset Management Industry
* 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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.41% mean?
RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) has a Return-on-Tangible-Equity of 7.41% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on RiverNorth/DoubleLine Strategic Opportunity Fund and its competitors. This is 61% above median its historical median of 4.59. According to the industry distribution chart, RiverNorth/DoubleLine Strategic Opportunity Fund ranks #793 out of 1587 companies in the Asset Management industry, placing it in the top 50%.
Is RiverNorth/DoubleLine Strategic Opportunity Fund's Return-on-Tangible-Equity too high?
RiverNorth/DoubleLine Strategic Opportunity Fund's current Return-on-Tangible-Equity of 7.41% is 61% above median its 10-year median of 4.59. The Asset Management industry median Return-on-Tangible-Equity is 7.18. RiverNorth/DoubleLine Strategic Opportunity Fund's value of 7.41% is 3.2% above this industry median. Based on the distribution chart, RiverNorth/DoubleLine Strategic Opportunity Fund ranks #793 out of 1587 companies in the Asset Management industry, which is above the industry midpoint. Overall, RiverNorth/DoubleLine Strategic Opportunity Fund has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RiverNorth/DoubleLine Strategic Opportunity Fund's Return-on-Tangible-Equity compare to WIA and WHG?
According to the Asset Management industry distribution chart, RiverNorth/DoubleLine Strategic Opportunity Fund ranks #793 out of 1587 companies for Return-on-Tangible-Equity. This puts RiverNorth/DoubleLine Strategic Opportunity Fund in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.18. RiverNorth/DoubleLine Strategic Opportunity Fund's value of 7.41% is 3.2% above this benchmark. While the company's 10-year median is 4.59 vs. the industry median of 7.18, RiverNorth/DoubleLine Strategic Opportunity Fund 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.18, 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. RiverNorth/DoubleLine Strategic Opportunity Fund's current Return-on-Tangible-Equity of 7.41% is 3.2% 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-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 RiverNorth/DoubleLine Strategic Opportunity Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiverNorth/DoubleLine Strategic Opportunity Fund's current Return-on-Tangible-Equity is 7.41%, which is 61% above median its own 10-year median of 4.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiverNorth/DoubleLine Strategic Opportunity Fund stock overvalued right now?
Based on GuruFocus' analysis, RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) is currently considered Fairly Valued. The stock's GF Value™ is $7.40, compared to a current price of $7.67 — trading 3.6% above its estimated fair value. The current Return-on-Tangible-Equity is 7.41%, which is 61% above median its 10-year median of 4.59 and 3.2% above the Asset Management industry median of 7.18. RiverNorth/DoubleLine Strategic Opportunity Fund's overall GF Score™ is 59/100 with 3 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 RiverNorth/DoubleLine Strategic Opportunity Fund (OPP), the current Return-on-Tangible-Equity is 7.41% 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 RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) Overvalued in 2026?
Based on GuruFocus' analysis, RiverNorth/DoubleLine Strategic Opportunity Fund stock appears to be overvalued.
The current stock price of $7.67 is trading 3.6% above its estimated GF Value™ of $7.40.
GuruFocus considers RiverNorth/DoubleLine Strategic Opportunity Fund to be Fairly Valued.
Key valuation signals for OPP:
Return-on-Tangible-Equity: 7.41% (61% above median its 10-year median of 4.59)
GF Value™: $7.40 vs. price of $7.67 (3.6% above fair value)
Industry Position: 3.2% above the Asset Management median (#793 of 1587)
No single metric tells the full story. See the OPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RiverNorth/DoubleLine Strategic Opportunity Fund Business Description
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.
59GF 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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