BMRA (Biomerica) Return-on-Tangible-Asset: -100.32% (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

BMRA Biomerica Inc BMRA
50 GF Score
Price $1.49
GF Value $2.18
Valuation Possible Value Trap
! 5 Warning Signs
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What is Biomerica Return-on-Tangible-Asset?

Biomerica BMRA -6.28% 50 Return-on-Tangible-Asset is -100.32% as of Feb. 2026. GuruFocus rates BMRA with a GF Score™ of 50/100 and a GF Value™ of $2.18 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 854 Medical Devices & Instruments companies, Biomerica ranks worse than 86.3% 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. Biomerica's annualized Net Income for the quarter that ended in Feb. 2026 was $-5.25 Mil. Biomerica's average total tangible assets for the quarter that ended in Feb. 2026 was $5.23 Mil. Therefore, Biomerica's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was -100.32%.

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

BMRA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -69.68   Med: -43.26   Max: -17.61
Current: -69.68

During the past 13 years, Biomerica's highest Return-on-Tangible-Asset was -17.61%. The lowest was -69.68%. And the median was -43.26%.

BMRA's Return-on-Tangible-Asset is ranked worse than
86.3% of 854 companies
in the Medical Devices & Instruments industry
Industry Median: 0.665 vs BMRA: -69.68

Biomerica  (NAS:BMRA) 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.


Biomerica Return-on-Tangible-Asset Related Terms


Biomerica Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Biomerica'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.

Biomerica Return-on-Tangible-Asset Chart

Biomerica Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.04 -39.87 -56.02 -51.25 -67.39

Biomerica Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -65.61 -96.06 0.13 -84.85 -100.32

BMRA vs WOK, ALURD, ITOC: Return-on-Tangible-Asset Comparison

For the Medical Devices subindustry, Biomerica'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.


Biomerica Return-on-Tangible-Asset vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Biomerica's Return-on-Tangible-Asset distribution charts can be found below:

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


BMRA
50GF Score
Biomerica Inc BMRA
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Biomerica Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: May. 2025 )  (A: May. 2024 )(A: May. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: May. 2025 )  (A: May. 2024 )(A: May. 2025 )
=-4.973/( (9.042+5.717)/ 2 )
=-4.973/7.3795
=-67.39 %

Biomerica'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 )
=-5.248/( (5.815+4.647)/ 2 )
=-5.248/5.231
=-100.32 %

* 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 -100.32% mean?
Biomerica (BMRA) has a Return-on-Tangible-Asset of -100.32% 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 Biomerica and its competitors. According to the industry distribution chart, Biomerica ranks #737 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 86.3%.
Is Biomerica's Return-on-Tangible-Asset too high?
Biomerica's current Return-on-Tangible-Asset is -100.32%. Based on the distribution chart, Biomerica ranks #737 out of 854 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Biomerica has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Biomerica's Return-on-Tangible-Asset compare to WOK and ALURD?
According to the Medical Devices & Instruments industry distribution chart, Biomerica ranks #737 out of 854 companies for Return-on-Tangible-Asset. This places Biomerica in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.67. 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Asset among Medical Devices & Instruments companies is 0.67, based on 854 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. 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 Biomerica and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biomerica's current Return-on-Tangible-Asset is -100.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biomerica stock overvalued right now?
Based on GuruFocus' analysis, Biomerica (BMRA) is currently considered Possible Value Trap. The stock's GF Value™ is $2.18, compared to a current price of $1.49 — trading 31.7% below its estimated fair value. The current Return-on-Tangible-Asset is -100.32%. Biomerica's overall GF Score™ is 50/100 with 5 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 Biomerica (BMRA), the current Return-on-Tangible-Asset is -100.32% 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.

Is Biomerica (BMRA) Overvalued in 2026?

Based on GuruFocus' analysis, Biomerica stock appears to be undervalued. The current stock price of $1.49 is trading 31.7% below its estimated GF Value™ of $2.18. GuruFocus considers Biomerica to be Possible Value Trap.

Key valuation signals for BMRA:

  • Return-on-Tangible-Asset: -100.32%
  • GF Value™: $2.18 vs. price of $1.49 (31.7% below fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the BMRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Biomerica Business Description

Address 17571 Von Karman Avenue, Irvine, CA, USA, 92614
Biomerica Inc is engaged in the development, manufacturing, and marketing of medical diagnostic products designed for the early detection and monitoring of chronic diseases and medical conditions. The company focuses on products for gastrointestinal diseases, food intolerances, diabetes, and certain esoteric tests. The Company manages its operations as a single operating and reportable segment, which focus on the development, manufacture, marketing, and sale of diagnostic products. The majority of the company's revenue is earned from the Asia, and also has its presence in Europe, North America, Middle East and South America.
50GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.49
Price
$2.18
GF Value