Royce Small-Cap Trust, Inc. (RVT) Fair Value 2026

RVT · Asset Management ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

4.7 /10

32 fundamental signals · 2 models active

Value Trap Risk

SAFE (0/100)

Quick Summary — As of 2026-08-31, Royce Small-Cap Trust, Inc. (RVT) trades at $18.57, versus a $25.52 median fair value across its 2 active models — 37.5% above the current price. QOC: 4.7/10. Value Trap Risk: 0/100 (SAFE). 2/13 models active.

Key Facts

Ticker
RVT
Price
$18.57
Quality Score
4.7/10
Value Trap Risk
0/100
Models Active
2/13
Last Updated
Strength: Markov DDM suggests +44.1% upside with 15% confidence
Risk: Below-average Quality Score of 4.7/10 signals weak fundamentals

Is Royce Small-Cap Trust, Inc. (RVT) Undervalued or Overvalued in 2026?

According to CirclFi’s 2-model valuation engine, Royce Small-Cap Trust, Inc. (RVT) appears undervalued as of : the median of 2 independent fair value estimates is $25.52, 37.5% above the current price of $18.57. Estimates range from $24.29 to $26.76. RVT scores 4.7/10 on fundamental quality and 0/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.1% versus its own 13-model consensus, across 3,804 rated companies as of 2026-08-31. RVT’s +37.5% gap is wider than that market norm, and the Asset Management sector median is -4.4%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Royce Small-Cap Trust, Inc. Stock in 2026? →

What Fair Value Does Each Model Give RVT?

2 Intrinsic Value Models vs. Current Price ($18.57)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · Low Conviction
 $26.76 +44.1%
Relative · Low Conviction
 $24.29 +30.8%

All Models Active

All 2 models are displayed above.

What Is Royce Small-Cap Trust, Inc. (RVT) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, the weight of evidence tilts decidedly bullish for Royce Small-Cap Trust, Inc.. Trading at $18.57 against an estimated intrinsic value of $25.52, 2 of 2 active models flag meaningful upside of +37.5% at the median.

What Do the Models Say About RVT?

2 of 13 models are currently active for RVT. All 2 active models suggest the stock trades below fair value. Taken together, their median fair value for RVT is $25.52 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does RVT Rank in Asset Management?

Among 187 Asset Management stocks, RVT ranks #137 by Quality of Company score. CirclFi's QOC score of 4.7/10 evaluates 32 fundamental signals. A score of 4.7 reflects mixed fundamentals.

See all Most Undervalued Asset Management Stocks →

Royce Small-Cap Trust, Inc. operates in a competitive landscape where fundamental quality metrics are key differentiators for long-term value creation.

Is RVT a Value Trap?

CirclFi's Value Trap algorithm assigns RVT a score of 0/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

2 of 13 models are active for Royce Small-Cap Trust, Inc.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, Royce Small-Cap Trust, Inc. earns a quality score of 4.7/10. This mixed rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

Models cluster within a tight range (+13.3% spread), increasing conviction. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every RVT valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across RVT's 2 active models, average confidence is 13%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Royce Small-Cap Trust, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Asset Management Stocks Should You Also Analyze?

11 related Asset Management stocks with 13-model coverage

TYGTortoise Energy Infrastructure CorporationQOC 4.7BDJBlackRock Enhanced Equity Dividend TrustQOC 4.7ZSTKZeroStack Corp.QOC 4.8BKTBlackRock Income Trust, Inc.QOC 4.7HRZNHorizon Technology Finance CorporationQOC 4.8BANXArrowMark Financial Corp.QOC 4.7BCATBlackRock Capital Allocation Term TrustQOC 2.2RPCRidgepost Capital, IncQOC 7.1PIACPrinceton Capital CorporationQOC 5.5HLNEHamilton Lane IncorporatedQOC 9.3AMPAmeriprise Financial, Inc.QOC 9.3

Read investment analysis: TYG · BDJ · ZSTK · BKT · HRZN · BANX · BCAT · RPC · PIAC · HLNE · AMP

Which Other Stocks Have a Similar Quality Score to RVT?

6 companies across all industries closest to RVT’s Quality of Company score of 4.7/10.

ZPTAZapata Quantum, Inc.QOC 4.7FLDFold Holdings, Inc.QOC 4.7BNTCBenitec Biopharma Inc.QOC 4.7VANIVivani Medical, Inc.QOC 4.7MNYMoneyHero LimitedQOC 4.7NVDANVIDIA CorporationQOC 10.0

Read investment analysis: ZPTA · FLD · BNTC · VANI · MNY · NVDA

Where Does RVT Sit in CirclFi's Asset Management Rankings?

RVT is ranked against every other Asset Management stock CirclFi covers in each of these screens.

See all Asset Management stocks ranked →

What Else Do Investors Ask About Royce Small-Cap Trust, Inc.’s Valuation?

What is Royce Small-Cap Trust, Inc.'s intrinsic value in 2026?

CirclFi puts Royce Small-Cap Trust, Inc. (RVT)'s intrinsic value at $25.52 — the median of 2 independent model estimates as of 2026-08-31, ranging from $24.29 to $26.76. The Quality of Company score is 4.7/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is RVT overvalued or undervalued right now?

At $18.57, 2 of 2 active models suggest RVT may be undervalued, while 0 indicate potential overvaluation. The median of all 2 fair value estimates is $25.52, 37.5% above the current price of $18.57 — a consensus view that RVT is undervalued. The assessment depends on which methodology best fits Royce Small-Cap Trust, Inc.'s business model in Asset Management.

What does a Quality of Company score of 4.7 mean for RVT?

Royce Small-Cap Trust, Inc.'s QOC of 4.7/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores below 5 flag potential fundamental weaknesses requiring careful analysis.

How many valuation models does CirclFi run on RVT?

CirclFi analyzes RVT with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 2 of 13 are active for this stock. Read the full methodology →

Is RVT a value trap in 2026?

Royce Small-Cap Trust, Inc.'s Value Trap score is 0/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap. Browse stocks by value-trap risk →

Cite this analysis — “According to CirclFi’s 2-model valuation engine, Royce Small-Cap Trust, Inc. (RVT) has a median fair value of $25.52 — 37.5% above the current price of $18.57 — as of 2026-08-31.” Source: circlfi.com/stock/RVT/ · Methodology
Primary sources for this RVT valuation
  • Financial statements: Royce Small-Cap Trust, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000804116) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for RVT as of ; valuations recomputed .