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BioremBIRMF -1.36%88 Return-on-Tangible-Asset is 2.48% as of Mar. 2026, which is 76% below its 10-year median of 10.15. GuruFocus rates BIRMF with a GF Score™ of 88/100 and a GF Value™ of $1.94 (Modestly Overvalued). Among 3,077 Industrial Products companies, Biorem ranks better than 95.22% 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. Biorem's annualizedNet Income for the quarter that ended in Mar. 2026 was $0.59 Mil. Biorem's average total tangible assets for the quarter that ended in Mar. 2026 was $23.67 Mil. Therefore, Biorem's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.48%.
The historical rank and industry rank for Biorem's Return-on-Tangible-Asset or its related term are showing as below:
BIRMF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.73 Med: 10.15 Max: 25.42
Current: 16.81
During the past 13 years, Biorem's highest Return-on-Tangible-Asset was 25.42%. The lowest was -6.73%. And the median was 10.15%.
BIRMF's Return-on-Tangible-Asset is ranked better than 95.22% of 3077
companies
in the Industrial Products industry
Industry Median: 3.26
vs BIRMF: 16.81
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.
Biorem Return-on-Tangible-Asset Related Terms
Biorem Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Biorem'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.
BIRMF vs VLTO, ZWS, CECO: Return-on-Tangible-Asset Comparison
For the Pollution & Treatment Controls subindustry, Biorem'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.
Biorem Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Biorem's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Biorem'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 2.48% mean?
Biorem (BIRMF) has a Return-on-Tangible-Asset of 2.48% 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 Biorem and its competitors. This is 76% below median its historical median of 10.15. According to the industry distribution chart, Biorem ranks #147 out of 3077 companies in the Industrial Products industry, placing it in the top 4.8%.
Is Biorem's Return-on-Tangible-Asset too high?
Biorem's current Return-on-Tangible-Asset of 2.48% is 76% below median its 10-year median of 10.15. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Biorem's value of 2.48% is 23.9% below this industry median. Based on the distribution chart, Biorem ranks #147 out of 3077 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Biorem has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Biorem's Return-on-Tangible-Asset compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Biorem ranks #147 out of 3077 companies for Return-on-Tangible-Asset. This places Biorem in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. Biorem's value of 2.48% is 23.9% below this benchmark. While the company's 10-year median is 10.15 vs. the industry median of 3.26, Biorem 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,077 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. Biorem's current Return-on-Tangible-Asset of 2.48% is 23.9% 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 Biorem and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biorem's current Return-on-Tangible-Asset is 2.48%, which is 76% below median its own 10-year median of 10.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biorem stock overvalued right now?
Based on GuruFocus' analysis, Biorem (BIRMF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.94, compared to a current price of $2.17 — trading 11.9% above its estimated fair value. The current Return-on-Tangible-Asset is 2.48%, which is 76% below median its 10-year median of 10.15 and 23.9% below the Industrial Products industry median of 3.26. Biorem's overall GF Score™ is 88/100. 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 Biorem (BIRMF), the current Return-on-Tangible-Asset is 2.48% 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 Biorem (BIRMF) Overvalued in 2026?
Based on GuruFocus' analysis, Biorem stock appears to be overvalued.
The current stock price of $2.17 is trading 11.9% above its estimated GF Value™ of $1.94.
GuruFocus considers Biorem to be Modestly Overvalued.
Key valuation signals for BIRMF:
Return-on-Tangible-Asset: 2.48% (76% below median its 10-year median of 10.15)
GF Value™: $1.94 vs. price of $2.17 (11.9% above fair value)
Industry Position: 23.9% below the Industrial Products median (#147 of 3077)
No single metric tells the full story. See the BIRMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Biorem Inc is an environmental biotechnology company. It is involved in the manufacturing of a comprehensive line of high efficiency air pollution control systems that are used to eliminate odorous and harmful contaminants. The company's products include Biofilters, Biogas Solutions, Multi-Stage Systems, Biotrickling filters, and services such as Media Sampling and Analysis, Biological processes and testing, Media replacements and Spare parts, and other related services. The company derives revenues from the sale of standard products, construction projects for specialized products, and services for repairs and maintenance. The group has a business presence in Canada, the United States, China and others, of which key revenue is derived from the United States.
88GF Score
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