Bain Capital Specialty FinanceBCSF -0.28%60 Return-on-Tangible-Asset is 0.52% as of Mar. 2026, which is 87% below its 10-year median of 3.91. GuruFocus rates BCSF with a GF Score™ of 60/100 and a GF Value™ of $10.21 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,634 Asset Management companies, Bain Capital Specialty Finance ranks worse than 58.02% on this metric.
The historical rank and industry rank for Bain Capital Specialty Finance's Return-on-Tangible-Asset or its related term are showing as below:
BCSF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.32 Med: 3.91 Max: 4.87
Current: 2.75
During the past 10 years, Bain Capital Specialty Finance's highest Return-on-Tangible-Asset was 4.87%. The lowest was 0.32%. And the median was 3.91%.
BCSF's Return-on-Tangible-Asset is ranked worse than 58.02% of 1634
companies
in the Asset Management industry
Industry Median: 4.155
vs BCSF: 2.75
Bain Capital Specialty Finance (NYSE:BCSF) Return-on-Tangible-Asset Explanation
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.
Bain Capital Specialty Finance Return-on-Tangible-Asset Related Terms
Bain Capital Specialty Finance Return-on-Tangible-Asset 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.
Bain Capital Specialty Finance Return-on-Tangible-Asset Chart
BCSF vs EOI, MFIC, FFC: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Bain Capital Specialty Finance'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.
Bain Capital Specialty Finance Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Bain Capital Specialty Finance's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bain Capital Specialty Finance'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.52% mean?
Bain Capital Specialty Finance (BCSF) has a Return-on-Tangible-Asset of 0.52% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bain Capital Specialty Finance and its competitors. This is 87% below median its historical median of 3.91. Over the past decade, Bain Capital Specialty Finance's Return-on-Tangible-Asset has ranged from 0.32 to 4.87. According to the industry distribution chart, Bain Capital Specialty Finance ranks #948 out of 1634 companies in the Asset Management industry, placing it in the top 58%.
Is Bain Capital Specialty Finance's Return-on-Tangible-Asset too high?
Bain Capital Specialty Finance's current Return-on-Tangible-Asset of 0.52% is 87% below median its 10-year median of 3.91. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 4.87. The Asset Management industry median Return-on-Tangible-Asset is 4.16. Bain Capital Specialty Finance's value of 0.52% is 87.5% below this industry median. Based on the distribution chart, Bain Capital Specialty Finance ranks #948 out of 1634 companies in the Asset Management industry, which is below the industry midpoint. Overall, Bain Capital Specialty Finance has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bain Capital Specialty Finance's Return-on-Tangible-Asset compare to EOI and MFIC?
According to the Asset Management industry distribution chart, Bain Capital Specialty Finance ranks #948 out of 1634 companies for Return-on-Tangible-Asset. This places Bain Capital Specialty Finance in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.16. Bain Capital Specialty Finance's value of 0.52% is 87.5% below this benchmark. Historically, Bain Capital Specialty Finance's own Return-on-Tangible-Asset has ranged from 0.32 to 4.87 over the past decade. While the company's 10-year median is 3.91 vs. the industry median of 4.16, Bain Capital Specialty Finance has consistently been below 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.16, based on 1,634 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. Bain Capital Specialty Finance's current Return-on-Tangible-Asset of 0.52% is 87.5% below 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 Bain Capital Specialty Finance and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bain Capital Specialty Finance's current Return-on-Tangible-Asset is 0.52%, which is 87% below median its own 10-year median of 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bain Capital Specialty Finance stock overvalued right now?
Based on GuruFocus' analysis, Bain Capital Specialty Finance (BCSF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.21, compared to a current price of $12.66 — trading 23.9% above its estimated fair value. The current Return-on-Tangible-Asset is 0.52%, which is 87% below median its 10-year median of 3.91 and 87.5% below the Asset Management industry median of 4.16. Bain Capital Specialty Finance's overall GF Score™ is 60/100 with 8 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 Bain Capital Specialty Finance (BCSF), the current Return-on-Tangible-Asset is 0.52% 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 Bain Capital Specialty Finance (BCSF) Overvalued in 2026?
Based on GuruFocus' analysis, Bain Capital Specialty Finance stock appears to be overvalued.
The current stock price of $12.66 is trading 23.9% above its estimated GF Value™ of $10.21.
GuruFocus considers Bain Capital Specialty Finance to be Modestly Overvalued.
Key valuation signals for BCSF:
Return-on-Tangible-Asset: 0.52% (87% below median its 10-year median of 3.91)
GF Value™: $10.21 vs. price of $12.66 (23.9% above fair value)
Industry Position: 87.5% below the Asset Management median (#948 of 1634)
No single metric tells the full story. See the BCSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bain Capital Specialty Finance Business Description
Bain Capital Specialty Finance Inc is an externally managed, closed-end, non-diversified management investment company. The company's objective is to provide risk-adjusted returns and current income to investors by investing in middle-market companies. Its portfolio of investments includes First Lien Senior Secured Loan, Preferred Equity, Equity Interest, Warrants, and Second Lien Senior Secured Loan, and others.
60GF Score
Get the complete analysis for BCSF
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
BCSF has been successfully added to your 
