Stock fact sheet · data as of
BlackRock Enhanced Capital and Income Fund, Inc. (CII): fair value, margin of safety and Wheel Score
Financial Services · Asset Management - Income · United States · High Growth
Is CII undervalued?
At 23.68 (close of 16 Oct 2026), CII trades 83% below the GLS average fair value of 142.14. That average comes from 7 models run on the latest filings, and 6 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns BlackRock Enhanced Capital and Income Fund, Inc. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
There is a wide gap between DCF (3.85) and GLS Growth (347.75). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files CII under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for CII
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 3.85 | -84% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 56.11 | +137% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 324.92 | +1272% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 142.01 | +500% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 347.75 | +1369% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 57.24 | +142% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 63.12 | +167% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -1.76 | -107% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
BlackRock Enhanced Capital and Income Fund, Inc. scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 4.9/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are high - ROIC 22.4%, ROE 22.4%, ROA 20.4% - with debt at 0.00 times equity and negative free cash flow.
The dividend yield is high at 16.43% (payout ratio 40%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 3/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 22.4% |
|---|---|---|---|
| GLS Moat | 4.9 / 10 | ROE | 22.4% |
| Debt / equity | 0.00 | ROA | 20.4% |
| Free-cash-flow yield | -8.7% | Payout ratio | 40% |
| Institutions | 3 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
No options are listed on BlackRock Enhanced Capital and Income Fund, Inc. in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 39) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 87k shares a day on a market cap of $1.0B, with a beta of 1.07; the Stability part of the Wheel Score gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 83% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 7 / 15 | moat 4.9/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 8 / 20 | 87k shares/day, $1.0B cap, beta 1.07 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for CII in the nightly calendar. The shares go ex-dividend on 13 Nov 2026 (0.1410 per share), so a covered call sold before then carries a small early-assignment risk around that date.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management - Income
The 12 companies below are the closest to BlackRock Enhanced Capital and Income Fund, Inc. by market cap within the Asset Management - Income industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| TSDOX Touchstone Ultra Short Duration Fixed Income Fund | 9.21 | 4.62 | -99% | 27No options | $1.0B |
| ABCVX American Beacon The London Company Income Equity Fund Investor Class | 23.22 | 461.94 | +95% | 39No options | $1.1B |
| EVV Eaton Vance Limited Duration Income Fund | 8.35 | 20.11 | +58% | 39No options | $970M |
| EOS Eaton Vance Enhanced Equity Income Fund II | 21.00 | 61.42 | +66% | 39No options | $1.1B |
| FPF First Trust Intermediate Duration Preferred & Income Fund | 15.70 | 41.39 | +62% | 39No options | $955M |
| DSL DoubleLine Income Solutions Fund | 9.78 | 11.52 | +15% | 62Fair | $1.1B |
| PINCX Putnam Income Fund Class A | 4.87 | 3.39 | -44% | 25No options | $952M |
| MTRAX NYLI Income Builder Fund;A | 25.63 | 26.41 | +3% | 39No options | $1.1B |
| PTA Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund | 16.71 | 52.79 | +68% | 39No options | $924M |
| CHY Calamos Convertible and High Income Fund | 11.41 | 54.96 | +79% | 39No options | $917M |
| ATOAX Aberdeen Ultra Short Municipal Income Fund - Class A | 10.07 | 2.19 | -359% | 19No options | $1.2B |
| CAHEX Calamos Hedged Equity Income Fund Class A | 20.76 | 33.58 | +38% | 39No options | $896M |
⚖ Compare CII with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about CII
Is CII undervalued right now?
By the GLS models, yes: at 23.68 the stock is 83% below the average fair value of 142.14 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of CII and what does it mean?
CII has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for CII?
142.14 per share as of 16 Oct 2026 - the simple average of the 7 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does BlackRock Enhanced Capital and Income Fund, Inc. report earnings next?
No upcoming earnings date is recorded for CII in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does CII have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on CII, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.