CSQ vs DBL

Calamos Strategic Total Return vs DoubleLine Opportunistic Credit — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — CSQ scores higher on quality with 2.1/10 vs DBL's 1.7/10. CSQ trades at $20.71 while DBL trades at $14.34. Both analyzed daily using SEC EDGAR data across 13 institutional models.

CSQ

Asset Management
Calamos Strategic Total Return
Quality
2.1
out of 10
Value Trap
Price
$20.71
Last close
Models
10/13
Active
VS

DBL

Asset Management
DoubleLine Opportunistic Credit
Quality
1.7
out of 10
Value Trap
Price
$14.34
Last close
Models
6/13
Active
CSQ
2 models active
Quality 2.1/10 — below average
DBL
2 models active
Quality 1.7/10 — below average

CSQ vs DBL — Fair Value Comparison

CSQ
$0$8$16$24 Price$20.71 Bayesian …$5.99 (-71.1%) Earnings …$8.45 (-56.5%)
DBL
$0$6$11$17 Price$14.34 Bayesian …$3.73 (-74.0%) Markov DDM$11.33 (-21.0%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType CSQ Fair ValueCSQ Upside DBL Fair ValueDBL Upside
Bayesian DCF Intrinsic $5.99 -71.1% $3.73 -74.0%
Earnings Power Value Intrinsic $8.45 -56.5%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $11.33 -21.0%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%

CSQ vs DBL — Which Stock Is More Undervalued in 2026?

CSQ scores higher with a 2.1/10 quality rating vs DBL's 1.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do CSQ and DBL Valuations Compare?

At $20.71, CSQ trades +71.1% above its Bayesian DCF fair value of $5.99, while DBL at $14.34 trades +74.0% above its estimate of $3.73. DBL shows a wider gap between price and intrinsic value.

Quality of Company: CSQ vs DBL

CSQ earns a Quality of Company score of 2.1/10 compared to DBL's 1.7/10. The scores are closely matched, indicating similar fundamental quality profiles. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: CSQ vs DBL

Review the value trap analysis for both CSQ and DBL to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Asset Management

Both CSQ and DBL operate in Asset Management, which has 448 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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