Bancroft FundBCV +0.27%24 ROE % is 1.60% as of Mar. 2026, which is 86% below its 10-year median of 11.49. GuruFocus rates BCV with a GF Score™ of 24/100. The stock has 5 warning signs investors should review. Among 1,615 Asset Management companies, Bancroft Fund ranks better than 87.31% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bancroft Fund's annualized net income for the quarter that ended in Mar. 2026 was $2.71 Mil. Bancroft Fund's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $169.57 Mil. Therefore, Bancroft Fund's annualized ROE % for the quarter that ended in Mar. 2026 was 1.60%.
The historical rank and industry rank for Bancroft Fund's ROE % or its related term are showing as below:
BCV'
s ROE % Range Over the Past 10 Years
Min: -27.1 Med: 11.49 Max: 27.25
Current: 24.43
During the past 13 years, Bancroft Fund's highest ROE % was 27.25%. The lowest was -27.10%. And the median was 11.49%.
BCV's ROE % is ranked better than 87.31% of 1615
companies
in the Asset Management industry
Industry Median: 6.35
vs BCV: 24.43
Bancroft Fund (AMEX:BCV) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Bancroft Fund ROE % Related Terms
Bancroft Fund ROE % Historical Data
* Premium members only.
The historical data trend for Bancroft Fund's ROE % 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Bancroft Fund's ROE % distribution charts can be found below:
* The bar in red indicates where Bancroft Fund's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Bancroft Fund (BCV) has a ROE % of 1.60% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Bancroft Fund and its competitors. This is 86% below median its historical median of 11.49. According to the industry distribution chart, Bancroft Fund ranks #205 out of 1615 companies in the Asset Management industry, placing it in the top 12.7%.
Is Bancroft Fund's ROE % too high?
Bancroft Fund's current ROE % of 1.60% is 86% below median its 10-year median of 11.49. The Asset Management industry median ROE % is 6.35. Bancroft Fund's value of 1.60% is 74.8% below this industry median. Based on the distribution chart, Bancroft Fund ranks #205 out of 1615 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 ROE % compare to MHF and PIM?
According to the Asset Management industry distribution chart, Bancroft Fund ranks #205 out of 1615 companies for ROE %. This places Bancroft Fund in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 6.35. Bancroft Fund's value of 1.60% is 74.8% below this benchmark. While the company's 10-year median is 11.49 vs. the industry median of 6.35, 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.35, based on 1,615 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bancroft Fund's current ROE % of 1.60% is 74.8% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Bancroft Fund and its competitors. For the Asset Management industry, the median ROE % is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bancroft Fund's current ROE % is 1.60%, which is 86% below median its own 10-year median of 11.49. 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 ROE % of 1.60%. The current ROE % is 1.60%, which is 86% below median its 10-year median of 11.49 and 74.8% below the Asset Management industry median of 6.35. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Bancroft Fund (BCV), the current ROE % is 1.60% 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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