Bancroft FundBCV +0.55%24 ROA % is 1.59% as of Mar. 2026, which is 86% below its 10-year median of 11.28. GuruFocus rates BCV with a GF Score™ of 24/100. The stock has 5 warning signs investors should review. Among 1,639 Asset Management companies, Bancroft Fund ranks better than 93.04% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bancroft Fund's annualizedNet Income for the quarter that ended in Mar. 2026 was $2.71 Mil.
Bancroft Fund's average Total Assets over the quarter that ended in Mar. 2026 was $170.27 Mil. Therefore, Bancroft Fund's annualized ROA % for the quarter that ended in Mar. 2026 was 1.59%.
The historical rank and industry rank for Bancroft Fund's ROA % or its related term are showing as below:
BCV'
s ROA % Range Over the Past 10 Years
Min: -27.03 Med: 11.28 Max: 26.43
Current: 24.35
During the past 13 years, Bancroft Fund's highest ROA % was 26.43%. The lowest was -27.03%. And the median was 11.28%.
BCV's ROA % is ranked better than 93.04% of 1639
companies
in the Asset Management industry
Industry Median: 3.95
vs BCV: 24.35
Bancroft Fund (AMEX:BCV) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Bancroft Fund ROA % Related Terms
Bancroft Fund ROA % Historical Data
* Premium members only.
The historical data trend for Bancroft Fund's ROA % 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.
For the Asset Management subindustry, Bancroft Fund's ROA %, along with its competitors' market caps and ROA % 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.
Bancroft Fund ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Bancroft Fund's ROA % distribution charts can be found below:
* The bar in red indicates where Bancroft Fund's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Bancroft Fund (BCV) has a ROA % of 1.59% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Bancroft Fund and its competitors. This is 86% below median its historical median of 11.28. According to the industry distribution chart, Bancroft Fund ranks #114 out of 1639 companies in the Asset Management industry, placing it in the top 7%.
Is Bancroft Fund's ROA % too high?
Bancroft Fund's current ROA % of 1.59% is 86% below median its 10-year median of 11.28. The Asset Management industry median ROA % is 3.95. Bancroft Fund's value of 1.59% is 59.7% below this industry median. Based on the distribution chart, Bancroft Fund ranks #114 out of 1639 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Bancroft Fund has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Bancroft Fund's ROA % compare to MHF and PIM?
According to the Asset Management industry distribution chart, Bancroft Fund ranks #114 out of 1639 companies for ROA %. This places Bancroft Fund in the top 7% of its industry — outperforming the majority of peers. The industry median ROA % is 3.95. Bancroft Fund's value of 1.59% is 59.7% below this benchmark. While the company's 10-year median is 11.28 vs. the industry median of 3.95, Bancroft Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 3.95, based on 1,639 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bancroft Fund's current ROA % of 1.59% is 59.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Bancroft Fund and its competitors. For the Asset Management industry, the median ROA % is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bancroft Fund's current ROA % is 1.59%, which is 86% below median its own 10-year median of 11.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bancroft Fund stock overvalued right now?
Bancroft Fund (BCV) has a current ROA % of 1.59%. The current ROA % is 1.59%, which is 86% below median its 10-year median of 11.28 and 59.7% below the Asset Management industry median of 3.95. Bancroft Fund's overall GF Score™ is 24/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Bancroft Fund (BCV), the current ROA % is 1.59% 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.
Bancroft Fund Ltd is a diversified closed-end management company. It operates as a closed-ended equity mutual fund. The funds' main objective is to provide income and potential for capital appreciation. With the intent to achieve its objective, the company invests in convertible and equity securities. It invests across different industries such as Computer Software and Services, Energy and Utilities, Health Care among others.
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