(RVT) Royce Value - Overview
Sector: Financial Services | Industry: Asset Management | Exchange: NYSE (USA) | Market Cap: 2.217m USD | Total Return: 36.1% in 12m
Avg Turnover: 3.00M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Royce Small-Cap Trust (RVT) is a closed-end equity mutual fund managed by Royce & Associates, LLC. Launched in 1986, the fund focuses on value-oriented small-cap and micro-cap companies within the United States. It maintains a diversified portfolio across multiple sectors and utilizes the Russell 2000 Index as its primary performance benchmark.
The fund operates within the Asset Management & Custody Banks industry, a sector where firms generate revenue primarily through management fees based on a percentage of assets under management (AUM). Unlike open-end funds, closed-end funds issue a fixed number of shares that trade on an exchange, often resulting in the share price trading at a premium or discount to the funds net asset value (NAV).
Investors can review additional performance metrics and historical data for this fund on ValueRay.
- Performance of small-cap value stocks relative to the Russell 2000 Index
- Federal Reserve interest rate policy shifts impacting borrowing costs for smaller firms
- Narrowing or widening of the fund share price discount to net asset value
- Market volatility and risk appetite for micro-cap equity valuations
- Management fee structure and expense ratios affecting total shareholder returns
| Net Income: 481.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.88 > 1.0 |
| NWC/Revenue: -21.12% < 20% (prev 35.02%; Δ -56.14% < -1%) |
| CFO/TA 0.00 > 3% & CFO 4.05m > Net Income 481.9m |
| Net Debt (34.9m) to EBITDA (222.1m): 0.16 < 3 |
| Current Ratio: 0.08 > 1.5 & < 3 |
| Outstanding Shares: last quarter (120.4m) vs 12m ago 6.20% < -2% |
| Gross Margin: 75.29% > 18% (prev 0.85%; Δ 7.44k% > 0.5%) |
| Asset Turnover: 8.36% > 50% (prev 9.64%; Δ -1.27% > 0%) |
| Interest Coverage Ratio: 244.5 > 6 (EBITDA TTM 222.1m / Interest Expense TTM 909k) |
| A: -0.02 (Total Current Assets 3.15m - Total Current Liabilities 39.1m) / Total Assets 2.17b |
| B: 0.29 (Retained Earnings 620.2m / Total Assets 2.17b) |
| C: 0.11 (EBIT TTM 222.1m / Avg Total Assets 2.04b) |
| D: 480.8 (Book Value of Equity 2.16b / Total Liabilities 4.50m) |
| Altman-Z'' = 506.4 = AAA |
As of May 24, 2026, the stock is trading at USD 18.12 with a total of 86,041 shares traded.
Over the past week, the price has changed by +1.61%,
over one month by +0.49%,
over three months by +2.06% and
over the past year by +36.08%.
Royce Value has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy RVT.
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
P/S = 81.36
P/B = 1.0244
Revenue TTM = 170.3m USD
EBIT TTM = 222.1m USD
EBITDA TTM = 222.1m USD
Long Term Debt = unknown (none)
Short Term Debt = 35.0m USD (from shortTermDebt, two quarters ago)
Debt = 35.0m USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = 34.9m USD (calculated: Debt 35.0m - CCE 116k)
Enterprise Value = 2.25b USD (2.22b + Debt 35.0m - CCE 116k)
Interest Coverage Ratio = 244.5 (Ebit TTM 222.1m / Interest Expense TTM 909k)
EV/FCF = 54.30x (Enterprise Value 2.25b / FCF TTM 41.5m)
FCF Yield = 1.84% (FCF TTM 41.5m / Enterprise Value 2.25b)
FCF Margin = 24.35% (FCF TTM 41.5m / Revenue TTM 170.3m)
Net Margin = 283.0% (Net Income TTM 481.9m / Revenue TTM 170.3m)
Gross Margin = 75.29% ((Revenue TTM 170.3m - Cost of Revenue TTM 42.1m) / Revenue TTM)
Gross Margin QoQ = 92.36% (prev 28.42%)
Tobins Q-Ratio = 1.04 (Enterprise Value 2.25b / Total Assets 2.17b)
Interest Expense / Debt = 2.60% (Interest Expense 909k / Debt 35.0m)
Taxrate = 21.0% (US default 21%)
NOPAT = 175.5m (EBIT 222.1m * (1 - 21.00%))
Current Ratio = 0.08 (Total Current Assets 3.15m / Total Current Liabilities 39.1m)
Debt / Equity = 0.02 (Debt 35.0m / totalStockholderEquity, last quarter 2.16b)
Debt / EBITDA = 0.16 (Net Debt 34.9m / EBITDA 222.1m)
Debt / FCF = 0.84 (Net Debt 34.9m / FCF TTM 41.5m)
Total Stockholder Equity = 2.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 23.66% (Net Income 481.9m / Total Assets 2.17b)
RoE = 23.87% (Net Income TTM 481.9m / Total Stockholder Equity 2.02b)
RoCE = 10.43% (EBIT 222.1m / Capital Employed (Total Assets 2.17b - Current Liab 39.1m))
RoIC = 8.11% (NOPAT 175.5m / Invested Capital 2.16b)
WACC = 9.64% (E(2.22b)/V(2.25b) * Re(9.76%) + D(35.0m)/V(2.25b) * Rd(2.60%) * (1-Tc(0.21)))
Discount Rate = 9.76% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 7.63%
[DCF] Terminal Value 73.91% ; FCFF base≈32.7m ; Y1≈37.5m ; Y5≈55.2m
[DCF] Fair Price = 5.25 (EV 676.8m - Net Debt 34.9m = Equity 642.0m / Shares 122.4m; r=9.64% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.13 | # QB: 0
Revenue Correlation: 16.99 | Revenue CAGR: 21.50% | SUE: N/A | # QB: 0