Foresight Solar Fund (LSE:FSFL) ROE %: -10.72% (As of Dec. 2025)


LSE:FSFL Foresight Solar Fund Ltd LSE:FSFL
42 GF Score
Price £0.71
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What is Foresight Solar Fund ROE %?

Foresight Solar Fund LSE:FSFL +2.29% 42 ROE % is -10.72% as of Dec. 2025. GuruFocus rates LSE:FSFL with a GF Score™ of 42/100. Among 1,614 Asset Management companies, Foresight Solar Fund ranks worse than 83.21% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Foresight Solar Fund's annualized net income for the quarter that ended in Dec. 2025 was £-61.65 Mil. Foresight Solar Fund's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was £574.84 Mil. Therefore, Foresight Solar Fund's annualized ROE % for the quarter that ended in Dec. 2025 was -10.72%.

The historical rank and industry rank for Foresight Solar Fund's ROE % or its related term are showing as below:

LSE:FSFL' s ROE % Range Over the Past 10 Years
Min: -5.49   Med: 4.44   Max: 21.58
Current: -5.45

During the past 12 years, Foresight Solar Fund's highest ROE % was 21.58%. The lowest was -5.49%. And the median was 4.44%.

LSE:FSFL's ROE % is ranked worse than
83.21% of 1614 companies
in the Asset Management industry
Industry Median: 6.36 vs LSE:FSFL: -5.45

Foresight Solar Fund  (LSE:FSFL) 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:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-61.648/574.841
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-61.648 / -59.62)*(-59.62 / 576.227)*(576.227 / 574.841)
=Net Margin %*Asset Turnover*Equity Multiplier
=103.4 %*-0.1035*1.0024
=ROA %*Equity Multiplier
=-10.7 %*1.0024
=-10.72 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-61.648/574.841
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-61.648 / -61.648) * (-61.648 / -59.62) * (-59.62 / 576.227) * (576.227 / 574.841)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 103.4 % * -0.1035 * 1.0024
=-10.72 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


Foresight Solar Fund ROE % Related Terms


Foresight Solar Fund ROE % Historical Data

* Premium members only.

The historical data trend for Foresight Solar 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.

Foresight Solar Fund ROE % Chart

Foresight Solar Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.98 21.58 -1.26 0.45 -5.49

Foresight Solar Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % 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 2.69 -0.94 1.91 -0.52 -10.72

LSE:FSFL vs BLK, BX, KKR: ROE % Comparison

For the Asset Management subindustry, Foresight Solar 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.


Foresight Solar Fund ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Foresight Solar Fund's ROE % distribution charts can be found below:

* The bar in red indicates where Foresight Solar Fund's ROE % falls into.


LSE:FSFL
42GF Score
Foresight Solar Fund Ltd LSE:FSFL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Foresight Solar Fund ROE % Calculation

Foresight Solar Fund's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-32.427/( (634.362+545.882)/ 2 )
=-32.427/590.122
=-5.49 %

Foresight Solar Fund's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=-61.648/( (603.8+545.882)/ 2 )
=-61.648/574.841
=-10.72 %

* 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 (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -10.72% mean?
Foresight Solar Fund (LSE:FSFL) has a ROE % of -10.72% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Foresight Solar Fund and its competitors. According to the industry distribution chart, Foresight Solar Fund ranks #1343 out of 1614 companies in the Asset Management industry, placing it in the top 83.2%.
Is Foresight Solar Fund's ROE % too high?
Foresight Solar Fund's current ROE % is -10.72%. Based on the distribution chart, Foresight Solar Fund ranks #1343 out of 1614 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Foresight Solar Fund has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Foresight Solar Fund's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Foresight Solar Fund ranks #1343 out of 1614 companies for ROE %. This places Foresight Solar Fund in the lower half of its industry. The industry median ROE % is 6.36. 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 6.36, based on 1,614 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. 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 Foresight Solar Fund and its competitors. For the Asset Management industry, the median ROE % is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foresight Solar Fund's current ROE % is -10.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foresight Solar Fund stock overvalued right now?
Foresight Solar Fund (LSE:FSFL) has a current ROE % of -10.72%. The current ROE % is -10.72%. Foresight Solar Fund's overall GF Score™ is 42/100. 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 Foresight Solar Fund (LSE:FSFL), the current ROE % is -10.72% 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.

Foresight Solar Fund Business Description

Address 32 London Bridge Street, The Shard, London, JEY, SE1 9SG
Foresight Solar Fund Ltd is a closed-ended company. Its objective is to provide investors with a sustainable, progressive quarterly dividend and enhanced capital value, whilst facilitating climate change mitigation and the transition to a lower-carbon economy. The company makes its investments through intermediate holding companies and underlying Special Purpose Vehicles (SPVs). The company will pursue its investment objective by acquiring, managing, and selling solar and battery energy storage system (BESS) assets at different stages of maturity.
42GF Score

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

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