The historical rank and industry rank for NextEnergy Solar Fund's ROE % or its related term are showing as below:
LSE:NESF'
s ROE % Range Over the Past 10 Years
Min: -12.39 Med: 6.44 Max: 20.42
Current: -12.24
During the past 12 years, NextEnergy Solar Fund's highest ROE % was 20.42%. The lowest was -12.39%. And the median was 6.44%.
LSE:NESF's ROE % is ranked worse than 87.84% of 1612
companies
in the Asset Management industry
Industry Median: 6.395
vs LSE:NESF: -12.24
NextEnergy Solar Fund (LSE:NESF) 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.
* 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, NextEnergy 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.
NextEnergy Solar Fund ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, NextEnergy Solar Fund's ROE % distribution charts can be found below:
* The bar in red indicates where NextEnergy Solar 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.
NextEnergy Solar Fund (LSE:NESF) has a ROE % of -20.73% 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 NextEnergy Solar Fund and its competitors. According to the industry distribution chart, NextEnergy Solar Fund ranks #1416 out of 1612 companies in the Asset Management industry, placing it in the top 87.8%.
Is NextEnergy Solar Fund's ROE % too high?
NextEnergy Solar Fund's current ROE % is -20.73%. Based on the distribution chart, NextEnergy Solar Fund ranks #1416 out of 1612 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, NextEnergy Solar Fund has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NextEnergy Solar Fund's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, NextEnergy Solar Fund ranks #1416 out of 1612 companies for ROE %. This places NextEnergy Solar Fund in the lower half of its industry. The industry median ROE % is 6.40. 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. 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 NextEnergy Solar Fund 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. NextEnergy Solar Fund's current ROE % is -20.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextEnergy Solar Fund stock overvalued right now?
Based on GuruFocus' analysis, NextEnergy Solar Fund (LSE:NESF) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.01, compared to a current price of £0.45 — trading 4440% above its estimated fair value. The current ROE % is -20.73%. NextEnergy Solar Fund's overall GF Score™ is 35/100. 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 NextEnergy Solar Fund (LSE:NESF), the current ROE % is -20.73% 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 NextEnergy Solar Fund (LSE:NESF) Overvalued in 2026?
Based on GuruFocus' analysis, NextEnergy Solar Fund stock appears to be overvalued.
The current stock price of £0.45 is trading 4440% above its estimated GF Value™ of £0.01.
GuruFocus considers NextEnergy Solar Fund to be Significantly Overvalued.
Key valuation signals for LSE:NESF:
ROE %: -20.73%
GF Value™: £0.01 vs. price of £0.45 (4440% above fair value)
No single metric tells the full story. See the LSE:NESF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NextEnergy Solar Fund Ltd is a closed-ended investment company. The company seeks to provide investors with a sustainable and attractive dividend that increases in line with RPI over the long term. It invests in solar photovoltaic plants or debt financing through its subsidiaries and generates revenues from the sale of electricity.
35GF 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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