Blackfinch Spring VCT (LSE:BFSP) ROE % Adjusted to Book Value: -7.53% (As of Dec. 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:BFSP Blackfinch Spring VCT PLC LSE:BFSP
33 GF Score
Price £0.82
GF Value £0.42
Valuation Significantly Overvalued
View Full Analysis

What is Blackfinch Spring VCT ROE % Adjusted to Book Value?

Blackfinch Spring VCT LSE:BFSP 33 ROE % Adjusted to Book Value is -7.53% as of Dec. 2025. GuruFocus rates LSE:BFSP with a GF Score™ of 33/100 and a GF Value™ of £0.42 (Significantly Overvalued).

Blackfinch Spring VCT's ROE % for the quarter that ended in Dec. 2025 was -7.68%. Blackfinch Spring VCT's PB Ratio for the quarter that ended in Dec. 2025 was 1.02. Blackfinch Spring VCT's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was -7.53%.

Blackfinch Spring VCT ROE % Adjusted to Book Value Related Terms

Blackfinch Spring VCT ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Blackfinch Spring VCT'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.

Blackfinch Spring VCT ROE % Adjusted to Book Value Chart

Blackfinch Spring VCT Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 1.36 -2.23 13.58 8.51 -6.38

Blackfinch Spring VCT Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.52 7.56 8.43 -4.51 -7.53

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

For the Asset Management subindustry, Blackfinch Spring VCT'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.

Blackfinch Spring VCT ROE % Adjusted to Book Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackfinch Spring VCT's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Blackfinch Spring VCT's ROE % Adjusted to Book Value falls into.


LSE:BFSP
33GF Score
Blackfinch Spring VCT PLC LSE:BFSP
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackfinch Spring VCT ROE % Adjusted to Book Value Calculation

Blackfinch Spring VCT's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-6.51% / 1.02
=-6.38%

Blackfinch Spring VCT's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-7.68% / 1.02
=-7.53%

* 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 -7.53% mean?
Blackfinch Spring VCT (LSE:BFSP) has a ROE % Adjusted to Book Value of -7.53% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Blackfinch Spring VCT and its competitors.
Is Blackfinch Spring VCT's ROE % Adjusted to Book Value too high?
Blackfinch Spring VCT's current ROE % Adjusted to Book Value is -7.53%. Overall, Blackfinch Spring VCT has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blackfinch Spring VCT's ROE % Adjusted to Book Value compare to BLK and BX?
Blackfinch Spring VCT's ROE % Adjusted to Book Value of -7.53% 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 Blackfinch Spring VCT and its competitors. Blackfinch Spring VCT's current ROE % Adjusted to Book Value is -7.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackfinch Spring VCT stock overvalued right now?
Based on GuruFocus' analysis, Blackfinch Spring VCT (LSE:BFSP) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.42, compared to a current price of £0.82 — trading 94% above its estimated fair value. The current ROE % Adjusted to Book Value is -7.53%. Blackfinch Spring VCT's overall GF Score™ is 33/100. 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 Blackfinch Spring VCT (LSE:BFSP), the current ROE % Adjusted to Book Value is -7.53% as of Dec. 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.

Is Blackfinch Spring VCT (LSE:BFSP) Overvalued in 2026?

Based on GuruFocus' analysis, Blackfinch Spring VCT stock appears to be overvalued. The current stock price of £0.82 is trading 94% above its estimated GF Value™ of £0.42. GuruFocus considers Blackfinch Spring VCT to be Significantly Overvalued.

Key valuation signals for LSE:BFSP:

  • ROE % Adjusted to Book Value: -7.53%
  • GF Value™: £0.42 vs. price of £0.82 (94% above fair value)
  • GF Score™: 33/100

No single metric tells the full story. See the LSE:BFSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Blackfinch Spring VCT Business Description

Address Meadow Barn, Elkstone Studios, Elkstone Studios, Cheltenham, GBR, GL53 9PQ
Blackfinch Spring VCT PLC is an investment management company. Its objective is to invest in growth-stage technology-enabled companies that are on their scale-up journey. The Company is engaged in a single segment of business, being the investment business.
33GF Score

Get the complete analysis for LSE:BFSP

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

£0.82
Price
£0.42
GF Value