FNCSF (North American Financial 15 Split) ROE % Adjusted to Book Value: 97.51% (As of Nov. 2025)


FNCSF North American Financial 15 Split Corp FNCSF
36 GF Score
Price $8.26
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What is North American Financial 15 Split ROE % Adjusted to Book Value?

North American Financial 15 Split FNCSF +0.44% 36 ROE % Adjusted to Book Value is 97.51% as of Nov. 2025. GuruFocus rates FNCSF with a GF Score™ of 36/100. The stock has 7 warning signs investors should review.

North American Financial 15 Split's ROE % for the quarter that ended in Nov. 2025 was 87.76%. North American Financial 15 Split's PB Ratio for the quarter that ended in Nov. 2025 was 0.90. North American Financial 15 Split's ROE % Adjusted to Book Value for the quarter that ended in Nov. 2025 was 97.51%.

North American Financial 15 Split ROE % Adjusted to Book Value Related Terms

North American Financial 15 Split ROE % Adjusted to Book Value Historical Data

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The historical data trend for North American Financial 15 Split's ROE % Adjusted to Book Value 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.

North American Financial 15 Split ROE % Adjusted to Book Value Chart

North American Financial 15 Split Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.22 -2.50 -13.64 114.11 45.46

North American Financial 15 Split Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
ROE % Adjusted to Book Value 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 54.65 117.45 112.09 -1.18 97.51

FNCSF vs BLK, BX, KKR: ROE % Adjusted to Book Value Comparison

For the Asset Management subindustry, North American Financial 15 Split's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

North American Financial 15 Split ROE % Adjusted to Book Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, North American Financial 15 Split's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where North American Financial 15 Split's ROE % Adjusted to Book Value falls into.


FNCSF
36GF Score
North American Financial 15 Split Corp FNCSF
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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North American Financial 15 Split ROE % Adjusted to Book Value Calculation

North American Financial 15 Split's ROE % Adjusted to Book Value for the fiscal year that ended in Nov. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=40.91% / 0.90
=45.46%

North American Financial 15 Split's ROE % Adjusted to Book Value for the quarter that ended in Nov. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=87.76% / 0.90
=97.51%

* 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 ROE % Adjusted to Book Value of 97.51% mean?
North American Financial 15 Split (FNCSF) has a ROE % Adjusted to Book Value of 97.51% as of Nov. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on North American Financial 15 Split and its competitors.
Is North American Financial 15 Split's ROE % Adjusted to Book Value too high?
North American Financial 15 Split's current ROE % Adjusted to Book Value is 97.51%. Overall, North American Financial 15 Split has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does North American Financial 15 Split's ROE % Adjusted to Book Value compare to BLK and BX?
North American Financial 15 Split's ROE % Adjusted to Book Value of 97.51% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Asset Management company?
A good ROE % Adjusted to Book Value depends on the Asset Management industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on North American Financial 15 Split and its competitors. North American Financial 15 Split's current ROE % Adjusted to Book Value is 97.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North American Financial 15 Split stock overvalued right now?
North American Financial 15 Split (FNCSF) has a current ROE % Adjusted to Book Value of 97.51%. The current ROE % Adjusted to Book Value is 97.51%. North American Financial 15 Split's overall GF Score™ is 36/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For North American Financial 15 Split (FNCSF), the current ROE % Adjusted to Book Value is 97.51% as of Nov. 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.

North American Financial 15 Split Business Description

Address 200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
North American Financial 15 Split Corp is a mutual fund corporation. It invests in an actively managed portfolio of common shares comprised of core large-capitalization Canadian and United States financial services companies. It also invests in equity securities of issuers. The company's investment objective is to provide holders of Preferred Shares with cumulative preferential monthly cash dividends and to provide holders of Class A shares with regular monthly cash distributions.
36GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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