Main Street CapitalHAM:13M -0.46%68 ROE % is 6.48% as of Mar. 2026, which is 49% below its 10-year median of 12.81. GuruFocus rates HAM:13M with a GF Score™ of 68/100 and a GF Value™ of €41.57 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,612 Asset Management companies, Main Street Capital ranks better than 74.38% on this metric.
The historical rank and industry rank for Main Street Capital's ROE % or its related term are showing as below:
HAM:13M'
s ROE % Range Over the Past 10 Years
Min: 1.93 Med: 12.81 Max: 20.02
Current: 14.45
During the past 13 years, Main Street Capital's highest ROE % was 20.02%. The lowest was 1.93%. And the median was 12.81%.
HAM:13M's ROE % is ranked better than 74.38% of 1612
companies
in the Asset Management industry
Industry Median: 6.395
vs HAM:13M: 14.45
Main Street Capital (HAM:13M) 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 four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
Main Street Capital ROE % Related Terms
Main Street Capital ROE % Historical Data
* Premium members only.
The historical data trend for Main Street Capital'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, Main Street Capital'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.
Main Street Capital ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Main Street Capital's ROE % distribution charts can be found below:
* The bar in red indicates where Main Street Capital'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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Main Street Capital (HAM:13M) has a ROE % of 6.48% 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 Main Street Capital and its competitors. This is 49% below median its historical median of 12.81. Over the past decade, Main Street Capital's ROE % has ranged from 1.93 to 20.02. According to the industry distribution chart, Main Street Capital ranks #413 out of 1612 companies in the Asset Management industry, placing it in the top 25.6%.
Is Main Street Capital's ROE % too high?
Main Street Capital's current ROE % of 6.48% is 49% below median its 10-year median of 12.81. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 20.02. The Asset Management industry median ROE % is 6.40. Main Street Capital's value of 6.48% is 1.3% above this industry median. Based on the distribution chart, Main Street Capital ranks #413 out of 1612 companies in the Asset Management industry, which is above the industry midpoint. Overall, Main Street Capital has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Main Street Capital's ROE % compare to OTF and HASI?
According to the Asset Management industry distribution chart, Main Street Capital ranks #413 out of 1612 companies for ROE %. This puts Main Street Capital in the upper half of its industry. The industry median ROE % is 6.40. Main Street Capital's value of 6.48% is 1.3% above this benchmark. Historically, Main Street Capital's own ROE % has ranged from 1.93 to 20.02 over the past decade. While the company's 10-year median is 12.81 vs. the industry median of 6.40, Main Street Capital has consistently been above 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 6.40, based on 1,612 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. Main Street Capital's current ROE % of 6.48% is 1.3% above 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 Main Street Capital and its competitors. For the Asset Management industry, the median ROE % is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Main Street Capital's current ROE % is 6.48%, which is 49% below median its own 10-year median of 12.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Main Street Capital stock overvalued right now?
Based on GuruFocus' analysis, Main Street Capital (HAM:13M) is currently considered Fairly Valued. The stock's GF Value™ is €41.57, compared to a current price of €43.30 — trading 4.2% above its estimated fair value. The current ROE % is 6.48%, which is 49% below median its 10-year median of 12.81 and 1.3% above the Asset Management industry median of 6.40. Main Street Capital's overall GF Score™ is 68/100 with 9 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 Main Street Capital (HAM:13M), the current ROE % is 6.48% 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.
Is Main Street Capital (HAM:13M) Overvalued in 2026?
Based on GuruFocus' analysis, Main Street Capital stock appears to be overvalued.
The current stock price of €43.30 is trading 4.2% above its estimated GF Value™ of €41.57.
GuruFocus considers Main Street Capital to be Fairly Valued.
Key valuation signals for HAM:13M:
ROE %: 6.48% (49% below median its 10-year median of 12.81)
GF Value™: €41.57 vs. price of €43.30 (4.2% above fair value)
Industry Position: 1.3% above the Asset Management median (#413 of 1612)
No single metric tells the full story. See the HAM:13M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Main Street Capital Corp is a principal investment firm focused on providing customized long-term debt and equity capital solutions to lower middle market ("LMM") companies and debt capital to private ("Private Loan") companies owned by or in the process of being acquired by a private equity fund. The group invests principally in secured debt investments, equity investments, warrants, and other securities of LMM companies, typically based in the U.S. The company operates as a single segment with a principal investment objective to maximize total return by generating current income from debt investments and current income and capital appreciation from equity and equity-related investments.
68GF Score
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