Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
BMMI BSCBAH:BMMI 62 Return-on-Tangible-Asset is 7.25% as of Dec. 2025, which is 7% above its 10-year median of 6.75. GuruFocus rates BAH:BMMI with a GF Score™ of 62/100 and a GF Value™ of BHD0.48 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 314 Retail - Defensive companies, BMMI BSC ranks better than 75.16% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. BMMI BSC's annualizedNet Income for the quarter that ended in Dec. 2025 was BHD7.3 Mil. BMMI BSC's average total tangible assets for the quarter that ended in Dec. 2025 was BHD100.7 Mil. Therefore, BMMI BSC's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 7.25%.
The historical rank and industry rank for BMMI BSC's Return-on-Tangible-Asset or its related term are showing as below:
BAH:BMMI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.47 Med: 6.75 Max: 9.88
Current: 7.51
During the past 13 years, BMMI BSC's highest Return-on-Tangible-Asset was 9.88%. The lowest was 3.47%. And the median was 6.75%.
BAH:BMMI's Return-on-Tangible-Asset is ranked better than 75.16% of 314
companies
in the Retail - Defensive industry
Industry Median: 3.855
vs BAH:BMMI: 7.51
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
BMMI BSC Return-on-Tangible-Asset Related Terms
BMMI BSC Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for BMMI BSC's Return-on-Tangible-Asset 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.
BAH:BMMI vs KR, SFM: Return-on-Tangible-Asset Comparison
For the Grocery Stores subindustry, BMMI BSC's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
BMMI BSC Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, BMMI BSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where BMMI BSC's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 7.25% mean?
BMMI BSC (BAH:BMMI) has a Return-on-Tangible-Asset of 7.25% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on BMMI BSC and its competitors. This is near median its historical median of 6.75. Over the past decade, BMMI BSC's Return-on-Tangible-Asset has ranged from 3.47 to 9.88. According to the industry distribution chart, BMMI BSC ranks #78 out of 314 companies in the Retail - Defensive industry, placing it in the top 24.8%.
Is BMMI BSC's Return-on-Tangible-Asset too high?
BMMI BSC's current Return-on-Tangible-Asset of 7.25% is near median its 10-year median of 6.75. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 9.88. The Retail - Defensive industry median Return-on-Tangible-Asset is 3.86. BMMI BSC's value of 7.25% is 88.1% above this industry median. Based on the distribution chart, BMMI BSC ranks #78 out of 314 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, BMMI BSC has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BMMI BSC's Return-on-Tangible-Asset compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, BMMI BSC ranks #78 out of 314 companies for Return-on-Tangible-Asset. This places BMMI BSC in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.86. BMMI BSC's value of 7.25% is 88.1% above this benchmark. Historically, BMMI BSC's own Return-on-Tangible-Asset has ranged from 3.47 to 9.88 over the past decade. While the company's 10-year median is 6.75 vs. the industry median of 3.86, BMMI BSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.86, based on 314 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BMMI BSC's current Return-on-Tangible-Asset of 7.25% is 88.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on BMMI BSC and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BMMI BSC's current Return-on-Tangible-Asset is 7.25%, which is near median its own 10-year median of 6.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BMMI BSC stock overvalued right now?
Based on GuruFocus' analysis, BMMI BSC (BAH:BMMI) is currently considered Modestly Overvalued. The stock's GF Value™ is BHD0.48, compared to a current price of BHD0.54 — trading 12.5% above its estimated fair value. The current Return-on-Tangible-Asset is 7.25%, which is near median its 10-year median of 6.75 and 88.1% above the Retail - Defensive industry median of 3.86. BMMI BSC's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For BMMI BSC (BAH:BMMI), the current Return-on-Tangible-Asset is 7.25% 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.
Is BMMI BSC (BAH:BMMI) Overvalued in 2026?
Based on GuruFocus' analysis, BMMI BSC stock appears to be overvalued.
The current stock price of BHD0.54 is trading 12.5% above its estimated GF Value™ of BHD0.48.
GuruFocus considers BMMI BSC to be Modestly Overvalued.
Key valuation signals for BAH:BMMI:
Return-on-Tangible-Asset: 7.25% (near median its 10-year median of 6.75)
GF Value™: BHD0.48 vs. price of BHD0.54 (12.5% above fair value)
Industry Position: 88.1% above the Retail - Defensive median (#78 of 314)
No single metric tells the full story. See the BAH:BMMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BMMI BSC is engaged in the wholesale and retail of food, beverages, and other consumable items, logistics, and shipping services. It also owns a hotel in the Kingdom of Bahrain. The group's operations are conducted in the Kingdom of Bahrain, Qatar, United Arab Emirates, Saudi Arabia, Iraq, America, Ghana and many other countries. It has five operating segments Retail operations, Wholesale operations, Contract service and supply, Hospitality, Investment shipping, and other activities. The company generates the majority of its revenue from Wholesale operations.
62GF Score
Get the complete analysis for BAH:BMMI
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BAH:BMMI has been successfully added to your 
