Foresight Technology VCT (LSE:FWT) Return-on-Tangible-Equity: 0.63% (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

LSE:FWT Foresight Technology VCT PLC LSE:FWT
41 GF Score
Price £0.88
View Full Analysis

What is Foresight Technology VCT Return-on-Tangible-Equity?

Foresight Technology VCT LSE:FWT 41 Return-on-Tangible-Equity is 0.63% as of Sep. 2025. GuruFocus rates LSE:FWT with a GF Score™ of 41/100. Among 1,589 Asset Management companies, Foresight Technology VCT ranks worse than 84.83% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Foresight Technology VCT's annualized net income for the quarter that ended in Sep. 2025 was £0.25 Mil. Foresight Technology VCT's average shareholder tangible equity for the quarter that ended in Sep. 2025 was £39.77 Mil. Therefore, Foresight Technology VCT's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 0.63%.

The historical rank and industry rank for Foresight Technology VCT's Return-on-Tangible-Equity or its related term are showing as below:

LSE:FWT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.28   Med: -0.73   Max: 30.99
Current: -7.15

During the past 13 years, Foresight Technology VCT's highest Return-on-Tangible-Equity was 30.99%. The lowest was -20.28%. And the median was -0.73%.

LSE:FWT's Return-on-Tangible-Equity is ranked worse than
84.83% of 1589 companies
in the Asset Management industry
Industry Median: 7.21 vs LSE:FWT: -7.15

Foresight Technology VCT  (LSE:FWT) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Foresight Technology VCT Return-on-Tangible-Equity Related Terms


Foresight Technology VCT Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Foresight Technology VCT's Return-on-Tangible-Equity 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.

Foresight Technology VCT Return-on-Tangible-Equity Chart

Foresight Technology VCT Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.74 30.99 30.62 -3.99 -8.71

Foresight Technology VCT Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Return-on-Tangible-Equity 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 -3.71 -4.64 -1.32 -15.56 0.63

LSE:FWT vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Foresight Technology VCT's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Foresight Technology VCT Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Foresight Technology VCT's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Foresight Technology VCT's Return-on-Tangible-Equity falls into.


LSE:FWT
41GF Score
Foresight Technology VCT PLC LSE:FWT
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Foresight Technology VCT Return-on-Tangible-Equity Calculation

Foresight Technology VCT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=-3.07/( (32.058+38.414 )/ 2 )
=-3.07/35.236
=-8.71 %

Foresight Technology VCT's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=0.252/( (38.414+41.117)/ 2 )
=0.252/39.7655
=0.63 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Sep. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.63% mean?
Foresight Technology VCT (LSE:FWT) has a Return-on-Tangible-Equity of 0.63% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Foresight Technology VCT and its competitors. According to the industry distribution chart, Foresight Technology VCT ranks #1348 out of 1589 companies in the Asset Management industry, placing it in the top 84.8%.
Is Foresight Technology VCT's Return-on-Tangible-Equity too high?
Foresight Technology VCT's current Return-on-Tangible-Equity is 0.63%. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Foresight Technology VCT's value of 0.63% is 91.3% below this industry median. Based on the distribution chart, Foresight Technology VCT ranks #1348 out of 1589 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Foresight Technology VCT has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Foresight Technology VCT's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Foresight Technology VCT ranks #1348 out of 1589 companies for Return-on-Tangible-Equity. This places Foresight Technology VCT in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Foresight Technology VCT's value of 0.63% is 91.3% below this benchmark. 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Foresight Technology VCT's current Return-on-Tangible-Equity of 0.63% is 91.3% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Foresight Technology VCT and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foresight Technology VCT's current Return-on-Tangible-Equity is 0.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foresight Technology VCT stock overvalued right now?
Foresight Technology VCT (LSE:FWT) has a current Return-on-Tangible-Equity of 0.63%. The current Return-on-Tangible-Equity is 0.63% and 91.3% below the Asset Management industry median of 7.21. Foresight Technology VCT's overall GF Score™ is 41/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Foresight Technology VCT (LSE:FWT), the current Return-on-Tangible-Equity is 0.63% as of Sep. 2025. 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.

Foresight Technology VCT Business Description

Address c/o Foresight Group LLP, 32 London Bridge Street, The Shard, London, GBR, SE1 9SG
Foresight Technology VCT PLC F is an infrastructure and private equity investment management firm. The company's activity is to provide private investors with capital growth from a portfolio of investments in fast-growing unquoted companies in the UK. The company invests in early-stage firms with high growth potential, developing transformational technologies across a range of different sectors. It invests in a range of securities including, but not limited to, ordinary and preference shares, loan stock, convertible securities, fixed-interest securities, and cash.
41GF Score

Get the complete analysis for LSE:FWT

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.88
Price