BICMF (BIC Camera) Return-on-Tangible-Asset: 5.65% (As of Feb. 2026) — 59% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

What is BIC Camera Return-on-Tangible-Asset?

BIC Camera BICMF 80 Return-on-Tangible-Asset is 5.65% as of Feb. 2026, which is 59% above its 10-year median of 3.56. GuruFocus rates BICMF with a GF Score™ of 80/100. The stock has 2 warning signs investors should review. Among 1,131 Retail - Cyclical companies, BIC Camera ranks better than 61.01% 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. BIC Camera's annualized Net Income for the quarter that ended in Feb. 2026 was $170.91 Mil. BIC Camera's average total tangible assets for the quarter that ended in Feb. 2026 was $3,026.95 Mil. Therefore, BIC Camera's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 5.65%.

The historical rank and industry rank for BIC Camera's Return-on-Tangible-Asset or its related term are showing as below:

BICMF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.7   Med: 3.56   Max: 5.1
Current: 4.7

During the past 13 years, BIC Camera's highest Return-on-Tangible-Asset was 5.10%. The lowest was 0.70%. And the median was 3.56%.

BICMF's Return-on-Tangible-Asset is ranked better than
61.01% of 1131 companies
in the Retail - Cyclical industry
Industry Median: 2.91 vs BICMF: 4.70

BIC Camera  (OTCPK:BICMF) 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 company’s 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 company’s 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.


BIC Camera Return-on-Tangible-Asset Related Terms


BIC Camera Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for BIC Camera'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.

BIC Camera Return-on-Tangible-Asset Chart

BIC Camera Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 1.22 0.67 3.23 3.90

BIC Camera Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.46 2.02 3.72 5.65 7.25

BICMF vs CASY, WSM, DKS: Return-on-Tangible-Asset Comparison

For the Specialty Retail subindustry, BIC Camera'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.


BIC Camera Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BIC Camera's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where BIC Camera's Return-on-Tangible-Asset falls into.



BIC Camera Return-on-Tangible-Asset Calculation

BIC Camera's annualized Return-on-Tangible-Asset for the fiscal year that ended in Aug. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=118.499/( (3000.696+3076.08)/ 2 )
=118.499/3038.388
=3.90 %

BIC Camera's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=170.908/( (3129.01+2924.896)/ 2 )
=170.908/3026.953
=5.65 %

* 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 (Feb. 2026) net income data.

What does a Return-on-Tangible-Asset of 5.65% mean?
BIC Camera (BICMF) has a Return-on-Tangible-Asset of 5.65% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on BIC Camera and its competitors. This is 59% above median its historical median of 3.56. Over the past decade, BIC Camera's Return-on-Tangible-Asset has ranged from 0.70 to 5.10. According to the industry distribution chart, BIC Camera ranks #441 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 39%.
Is BIC Camera's Return-on-Tangible-Asset too high?
BIC Camera's current Return-on-Tangible-Asset of 5.65% is 59% above median its 10-year median of 3.56. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 5.10. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.91. BIC Camera's value of 5.65% is 94.2% above this industry median. Based on the distribution chart, BIC Camera ranks #441 out of 1131 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, BIC Camera has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does BIC Camera's Return-on-Tangible-Asset compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, BIC Camera ranks #441 out of 1131 companies for Return-on-Tangible-Asset. This puts BIC Camera in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.91. BIC Camera's value of 5.65% is 94.2% above this benchmark. Historically, BIC Camera's own Return-on-Tangible-Asset has ranged from 0.70 to 5.10 over the past decade. While the company's 10-year median is 3.56 vs. the industry median of 2.91, BIC Camera 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 - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.91, based on 1,131 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. BIC Camera's current Return-on-Tangible-Asset of 5.65% is 94.2% 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 BIC Camera and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BIC Camera's current Return-on-Tangible-Asset is 5.65%, which is 59% above median its own 10-year median of 3.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BIC Camera stock overvalued right now?
BIC Camera (BICMF) has a current Return-on-Tangible-Asset of 5.65%. The current Return-on-Tangible-Asset is 5.65%, which is 59% above median its 10-year median of 3.56 and 94.2% above the Retail - Cyclical industry median of 2.91. BIC Camera's overall GF Score™ is 80/100 with 2 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 BIC Camera (BICMF), the current Return-on-Tangible-Asset is 5.65% as of Feb. 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.

BIC Camera Business Description

Other Exchanges 3048:Japan
Address 3-23-23, Takada, Toshima-ku, Tokyo, JPN, 171-0033
BIC Camera Inc is a consumer electronic retailer in Japan. The selection of merchandise is diverse: audio and video equipment, laptops and computers, cameras, televisions, and mobile phones, among others. The company sells products through both stores and online shopping sites. Additionally, the company also provides satellite and cable TV broadcasting services, installation services, repair services, a radio advertising business, and other services.