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NDMO's ROA % is ranked worse than 51.19% of 1637
companies
in the Asset Management industry
Industry Median: 4.11
vs NDMO: 3.94
Nuveen Dynamic Municipal Opportunities (NYSE:NDMO) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Nuveen Dynamic Municipal Opportunities ROA % Related Terms
Nuveen Dynamic Municipal Opportunities ROA % 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 ROA % Chart
Nuveen Dynamic Municipal Opportunities Annual Data
For the Asset Management subindustry, Nuveen Dynamic Municipal Opportunities's ROA %, along with its competitors' market caps and ROA % 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 ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
Nuveen Dynamic Municipal Opportunities (NDMO) has a ROA % of 1.77% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nuveen Dynamic Municipal Opportunities and its competitors. This is near median its historical median of 1.67. According to the industry distribution chart, Nuveen Dynamic Municipal Opportunities ranks #838 out of 1637 companies in the Asset Management industry, placing it in the top 51.2%.
Is Nuveen Dynamic Municipal Opportunities' ROA % too high?
Nuveen Dynamic Municipal Opportunities' current ROA % of 1.77% is near median its 10-year median of 1.67. The Asset Management industry median ROA % is 4.11. Nuveen Dynamic Municipal Opportunities' value of 1.77% is 56.9% below this industry median. Based on the distribution chart, Nuveen Dynamic Municipal Opportunities ranks #838 out of 1637 companies in the Asset Management industry, which is below the industry midpoint. Overall, Nuveen Dynamic Municipal Opportunities has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nuveen Dynamic Municipal Opportunities' ROA % compare to NML and EMD?
According to the Asset Management industry distribution chart, Nuveen Dynamic Municipal Opportunities ranks #838 out of 1637 companies for ROA %. This places Nuveen Dynamic Municipal Opportunities in the lower half of its industry. The industry median ROA % is 4.11. Nuveen Dynamic Municipal Opportunities' value of 1.77% is 56.9% below this benchmark. While the company's 10-year median is 1.67 vs. the industry median of 4.11, 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 ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 4.11, based on 1,637 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Dynamic Municipal Opportunities's current ROA % of 1.77% is 56.9% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nuveen Dynamic Municipal Opportunities and its competitors. For the Asset Management industry, the median ROA % is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Dynamic Municipal Opportunities's current ROA % is 1.77%, which is near median its own 10-year median of 1.67. 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 ROA % is 1.77%, which is near median its 10-year median of 1.67 and 56.9% below the Asset Management industry median of 4.11. Nuveen Dynamic Municipal Opportunities' overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Nuveen Dynamic Municipal Opportunities (NDMO), the current ROA % is 1.77% 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:
ROA %: 1.77% (near median its 10-year median of 1.67)
GF Value™: $17.43 vs. price of $10.04 (42.4% below fair value)
Industry Position: 56.9% below the Asset Management median (#838 of 1637)
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.
54GF Score
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