Firsthand Technology Value FundSVVC +9.38% Return-on-Tangible-Asset is -366.67% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 1,634 Asset Management companies, Firsthand Technology Value Fund ranks worse than 98.41% on this metric.
The historical rank and industry rank for Firsthand Technology Value Fund's Return-on-Tangible-Asset or its related term are showing as below:
SVVC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -163.27 Med: -17.15 Max: 16.01
Current: -163.27
During the past 13 years, Firsthand Technology Value Fund's highest Return-on-Tangible-Asset was 16.01%. The lowest was -163.27%. And the median was -17.15%.
SVVC's Return-on-Tangible-Asset is ranked worse than 98.41% of 1634
companies
in the Asset Management industry
Industry Median: 4.12
vs SVVC: -163.27
Firsthand Technology Value Fund (OTCPK:SVVC) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Firsthand Technology Value Fund Return-on-Tangible-Asset Related Terms
Firsthand Technology Value Fund Return-on-Tangible-Asset 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.
Firsthand Technology Value Fund Return-on-Tangible-Asset Chart
SVVC vs LGCP, BLK, BX: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Firsthand Technology Value Fund's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Firsthand Technology Value Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Firsthand Technology Value Fund's Return-on-Tangible-Asset falls into.
* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -366.67% mean?
Firsthand Technology Value Fund (SVVC) has a Return-on-Tangible-Asset of -366.67% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Firsthand Technology Value Fund and its competitors. According to the industry distribution chart, Firsthand Technology Value Fund ranks #1608 out of 1634 companies in the Asset Management industry, placing it in the top 98.4%.
Is Firsthand Technology Value Fund's Return-on-Tangible-Asset too high?
Firsthand Technology Value Fund's current Return-on-Tangible-Asset is -366.67%. Based on the distribution chart, Firsthand Technology Value Fund ranks #1608 out of 1634 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does Firsthand Technology Value Fund's Return-on-Tangible-Asset compare to LGCP and BLK?
According to the Asset Management industry distribution chart, Firsthand Technology Value Fund ranks #1608 out of 1634 companies for Return-on-Tangible-Asset. This places Firsthand Technology Value Fund in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.12. 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-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.12, based on 1,634 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Firsthand Technology Value Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firsthand Technology Value Fund's current Return-on-Tangible-Asset is -366.67%. 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 Return-on-Tangible-Asset of -366.67%. The current Return-on-Tangible-Asset is -366.67%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Firsthand Technology Value Fund (SVVC), the current Return-on-Tangible-Asset is -366.67% as of Mar. 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
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SVVC has been successfully added to your 