SVVC (Firsthand Technology Value Fund) Intrinsic Value: Projected FCF: $-0.09 (As of Aug. 28, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Firsthand Technology Value Fund Intrinsic Value: Projected FCF?

Firsthand Technology Value Fund SVVC -9.09% Intrinsic Value: Projected FCF is $-0.09 as of Aug. 28, 2026. The stock has 1 warning sign investors should review. Among 1,213 Asset Management companies, Firsthand Technology Value Fund ranks worse than 82440.15% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-28), Firsthand Technology Value Fund's Intrinsic Value: Projected FCF is $-0.09. The stock price of Firsthand Technology Value Fund is $0.007. Therefore, Firsthand Technology Value Fund's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Firsthand Technology Value Fund's Intrinsic Value: Projected FCF or its related term are showing as below:

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Firsthand Technology Value Fund was 4.18. The lowest was 0.06. And the median was 0.28.

SVVC's Price-to-Projected-FCF is not ranked *
in the Asset Management industry.
Industry Median: 0.91
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Firsthand Technology Value Fund  (OTCPK:SVVC) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Firsthand Technology Value Fund's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.007/-0.085038243521889
=

* 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.


Firsthand Technology Value Fund Intrinsic Value: Projected FCF Related Terms


Firsthand Technology Value Fund Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Firsthand Technology Value Fund's Intrinsic Value: Projected FCF can be seen below:

* 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.

Firsthand Technology Value Fund Intrinsic Value: Projected FCF Chart

Firsthand Technology Value Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.25 2.59 1.33 0.99 0.40

Firsthand Technology Value Fund Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.51 0.40 0.36 -0.09

SVVC vs LGCP, BLK, BX: Intrinsic Value: Projected FCF Comparison

For the Asset Management subindustry, Firsthand Technology Value Fund's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.


Firsthand Technology Value Fund Price-to-Projected-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Firsthand Technology Value Fund's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Firsthand Technology Value Fund's Price-to-Projected-FCF falls into.



Firsthand Technology Value Fund Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Firsthand Technology Value Fund's Free Cash Flow(6 year avg) = $-0.00.

Firsthand Technology Value Fund's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)/0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-0.00288+-0.447/0.8)/6.893
=-0.09

* 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.

What does a Intrinsic Value: Projected FCF of $-0.09 mean?
Firsthand Technology Value Fund (SVVC) has a Intrinsic Value: Projected FCF of $-0.09 as of Aug. 28, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Firsthand Technology Value Fund and its competitors. According to the industry distribution chart, Firsthand Technology Value Fund ranks #999999 out of 1213 companies in the Asset Management industry.
Is Firsthand Technology Value Fund's Intrinsic Value: Projected FCF too high?
Firsthand Technology Value Fund's current Intrinsic Value: Projected FCF is $-0.09. Based on the distribution chart, Firsthand Technology Value Fund ranks #999999 out of 1213 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does Firsthand Technology Value Fund's Intrinsic Value: Projected FCF compare to LGCP and BLK?
According to the Asset Management industry distribution chart, Firsthand Technology Value Fund ranks #999999 out of 1213 companies for Intrinsic Value: Projected FCF. This places Firsthand Technology Value Fund in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Asset Management company?
The median Intrinsic Value: Projected FCF among Asset Management companies is 0.91, based on 1,213 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Firsthand Technology Value Fund and its competitors. For the Asset Management industry, the median Intrinsic Value: Projected FCF is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firsthand Technology Value Fund's current Intrinsic Value: Projected FCF is $-0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firsthand Technology Value Fund stock overvalued right now?
Firsthand Technology Value Fund (SVVC) has a current Intrinsic Value: Projected FCF of $-0.09. The current Intrinsic Value: Projected FCF is $-0.09. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Firsthand Technology Value Fund (SVVC), the current Intrinsic Value: Projected FCF is $-0.09 as of Aug. 28, 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.

Firsthand Technology Value Fund Business Description

Address 150 Almaden Boulevard, Suite 1250, San Jose, CA, USA, 95113
Firsthand Technology Value Fund Inc is an externally managed, non-diversified, closed-end management investment company. The Fund's investment objective is to seek long-term growth of capital, principally by seeking capital gains on its equity and equity-related investments. Its portfolio is predominantly composed of equity and equity derivative securities of illiquid private technology and cleantech companies but it may also invest in micro-cap publicly traded companies with market capitalizations. The Fund invests in companies in various stages of maturity with the goal of achieving profitable exits via IPO or acquisition.