BILL HoldingsBILL +4.38%71 Return-on-Tangible-Asset is 0.68% as of Mar. 2026. GuruFocus rates BILL with a GF Score™ of 71/100 and a GF Value™ of $65.98 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,878 Software companies, BILL Holdings ranks worse than 34746.32% 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. BILL Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $51 Mil. BILL Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $7,521 Mil. Therefore, BILL Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.68%.
The historical rank and industry rank for BILL Holdings's Return-on-Tangible-Asset or its related term are showing as below:
During the past 8 years, BILL Holdings's highest Return-on-Tangible-Asset was 0.34%. The lowest was -6.37%. And the median was -1.14%.
BILL's Return-on-Tangible-Asset is not ranked *
in the Software industry.
Industry Median: 2.04 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
BILL Holdings (NYSE:BILL) 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.
BILL Holdings Return-on-Tangible-Asset Related Terms
BILL Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for BILL Holdings'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.
BILL vs BULL, ADEA, MNDY: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, BILL Holdings'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.
BILL Holdings Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, BILL Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where BILL Holdings'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 0.68% mean?
BILL Holdings (BILL) has a Return-on-Tangible-Asset of 0.68% 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 BILL Holdings and its competitors. According to the industry distribution chart, BILL Holdings ranks #999999 out of 2878 companies in the Software industry.
Is BILL Holdings' Return-on-Tangible-Asset too high?
BILL Holdings' current Return-on-Tangible-Asset is 0.68%. The Software industry median Return-on-Tangible-Asset is 2.04. BILL Holdings' value of 0.68% is 66.7% below this industry median. Based on the distribution chart, BILL Holdings ranks #999999 out of 2878 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, BILL Holdings has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BILL Holdings' Return-on-Tangible-Asset compare to BULL and ADEA?
According to the Software industry distribution chart, BILL Holdings ranks #999999 out of 2878 companies for Return-on-Tangible-Asset. This places BILL Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. BILL Holdings' value of 0.68% is 66.7% below this benchmark. 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,878 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. BILL Holdings's current Return-on-Tangible-Asset of 0.68% is 66.7% 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 BILL Holdings and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BILL Holdings's current Return-on-Tangible-Asset is 0.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BILL Holdings stock overvalued right now?
Based on GuruFocus' analysis, BILL Holdings (BILL) is currently considered Possible Value Trap. The stock's GF Value™ is $65.98, compared to a current price of $40.48 — trading 38.6% below its estimated fair value. The current Return-on-Tangible-Asset is 0.68% and 66.7% below the Software industry median of 2.04. BILL Holdings' overall GF Score™ is 71/100 with 3 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 BILL Holdings (BILL), the current Return-on-Tangible-Asset is 0.68% 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 BILL Holdings (BILL) Overvalued in 2026?
Based on GuruFocus' analysis, BILL Holdings stock appears to be undervalued.
The current stock price of $40.48 is trading 38.6% below its estimated GF Value™ of $65.98.
GuruFocus considers BILL Holdings to be Possible Value Trap.
Key valuation signals for BILL:
Return-on-Tangible-Asset: 0.68%
GF Value™: $65.98 vs. price of $40.48 (38.6% below fair value)
Industry Position: 66.7% below the Software median (#999999 of 2878)
No single metric tells the full story. See the BILL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
71GF Score
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