Firsthand Technology Value FundSVVC -19.60% ROE % is 0.00% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 1,608 Asset Management companies, Firsthand Technology Value Fund ranks worse than 99.63% on this metric.
SVVC'
s ROE % Range Over the Past 10 Years
Min: -533.28 Med: -18.63 Max: 16.22
Current: -533.28
During the past 13 years, Firsthand Technology Value Fund's highest ROE % was 16.22%. The lowest was -533.28%. And the median was -18.63%.
SVVC's ROE % is ranked worse than 99.63% of 1608
companies
in the Asset Management industry
Industry Median: 6.52
vs SVVC: -533.28
Firsthand Technology Value Fund (OTCPK:SVVC) 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.
Firsthand Technology Value Fund ROE % Related Terms
Firsthand Technology Value Fund ROE % Historical Data
* 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, Firsthand Technology Value 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.
Firsthand Technology Value Fund ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Firsthand Technology Value Fund's ROE % distribution charts can be found below:
* The bar in red indicates where Firsthand Technology Value 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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.
Firsthand Technology Value Fund (SVVC) has a ROE % of 0.00% 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 Firsthand Technology Value Fund and its competitors. According to the industry distribution chart, Firsthand Technology Value Fund ranks #1602 out of 1608 companies in the Asset Management industry, placing it in the top 99.6%.
Is Firsthand Technology Value Fund's ROE % too high?
Firsthand Technology Value Fund's current ROE % is 0.00%. Based on the distribution chart, Firsthand Technology Value Fund ranks #1602 out of 1608 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does Firsthand Technology Value Fund's ROE % compare to LGCP and BLK?
According to the Asset Management industry distribution chart, Firsthand Technology Value Fund ranks #1602 out of 1608 companies for ROE %. This places Firsthand Technology Value Fund in the lower half of its industry. The industry median ROE % is 6.52. 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 6.52, based on 1,608 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 Firsthand Technology Value Fund and its competitors. For the Asset Management industry, the median ROE % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firsthand Technology Value Fund's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firsthand Technology Value Fund stock overvalued right now?
Firsthand Technology Value Fund (SVVC) has a current ROE % of 0.00%. The current ROE % is 0.00%. 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 Firsthand Technology Value Fund (SVVC), the current ROE % is 0.00% 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.
Firsthand Technology Value Fund Business Description
Firsthand Technology Value Fund Inc is an externally managed, non-diversified, closed-end management investment company. The Fund's investment objective is to seek long-term growth of capital, principally by seeking capital gains on its equity and equity-related investments. Its portfolio is predominantly composed of equity and equity derivative securities of illiquid private technology and cleantech companies but it may also invest in micro-cap publicly traded companies with market capitalizations. The Fund invests in companies in various stages of maturity with the goal of achieving profitable exits via IPO or acquisition.
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