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Bureau VeritasBVVBY +0.70%84 Return-on-Tangible-Asset is 12.80% as of Dec. 2025, which is 22% above its 10-year median of 10.46. GuruFocus rates BVVBY with a GF Score™ of 84/100 and a GF Value™ of $69.90 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,094 Business Services companies, Bureau Veritas ranks better than 85.47% 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. Bureau Veritas's annualizedNet Income for the quarter that ended in Dec. 2025 was $622 Mil. Bureau Veritas's average total tangible assets for the quarter that ended in Dec. 2025 was $4,863 Mil. Therefore, Bureau Veritas's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 12.80%.
The historical rank and industry rank for Bureau Veritas's Return-on-Tangible-Asset or its related term are showing as below:
BVVBY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.93 Med: 10.46 Max: 13.8
Current: 13.8
During the past 13 years, Bureau Veritas's highest Return-on-Tangible-Asset was 13.80%. The lowest was 2.93%. And the median was 10.46%.
BVVBY's Return-on-Tangible-Asset is ranked better than 85.47% of 1094
companies
in the Business Services industry
Industry Median: 3.97
vs BVVBY: 13.80
Bureau Veritas (OTCPK:BVVBY) 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.
Bureau Veritas Return-on-Tangible-Asset Related Terms
Bureau Veritas Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bureau Veritas'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.
BVVBY vs VRSK, EFX, BAH: Return-on-Tangible-Asset Comparison
For the Consulting Services subindustry, Bureau Veritas'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.
Bureau Veritas Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Bureau Veritas's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bureau Veritas'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 12.80% mean?
Bureau Veritas (BVVBY) has a Return-on-Tangible-Asset of 12.80% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bureau Veritas and its competitors. This is 22% above median its historical median of 10.46. Over the past decade, Bureau Veritas' Return-on-Tangible-Asset has ranged from 2.93 to 13.80. According to the industry distribution chart, Bureau Veritas ranks #159 out of 1094 companies in the Business Services industry, placing it in the top 14.5%.
Is Bureau Veritas' Return-on-Tangible-Asset too high?
Bureau Veritas' current Return-on-Tangible-Asset of 12.80% is 22% above median its 10-year median of 10.46. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 13.80. The Business Services industry median Return-on-Tangible-Asset is 3.97. Bureau Veritas' value of 12.80% is 222.4% above this industry median. Based on the distribution chart, Bureau Veritas ranks #159 out of 1094 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Bureau Veritas has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bureau Veritas' Return-on-Tangible-Asset compare to VRSK and EFX?
According to the Business Services industry distribution chart, Bureau Veritas ranks #159 out of 1094 companies for Return-on-Tangible-Asset. This places Bureau Veritas in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.97. Bureau Veritas' value of 12.80% is 222.4% above this benchmark. Historically, Bureau Veritas' own Return-on-Tangible-Asset has ranged from 2.93 to 13.80 over the past decade. While the company's 10-year median is 10.46 vs. the industry median of 3.97, Bureau Veritas 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.97, based on 1,094 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. Bureau Veritas's current Return-on-Tangible-Asset of 12.80% is 222.4% 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 Bureau Veritas and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bureau Veritas's current Return-on-Tangible-Asset is 12.80%, which is 22% above median its own 10-year median of 10.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bureau Veritas stock overvalued right now?
Based on GuruFocus' analysis, Bureau Veritas (BVVBY) is currently considered Modestly Undervalued. The stock's GF Value™ is $69.90, compared to a current price of $61.99 — trading 11.3% below its estimated fair value. The current Return-on-Tangible-Asset is 12.80%, which is 22% above median its 10-year median of 10.46 and 222.4% above the Business Services industry median of 3.97. Bureau Veritas' overall GF Score™ is 84/100 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 Bureau Veritas (BVVBY), the current Return-on-Tangible-Asset is 12.80% as of Dec. 2025. 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 Bureau Veritas (BVVBY) Overvalued in 2026?
Based on GuruFocus' analysis, Bureau Veritas stock appears to be undervalued.
The current stock price of $61.99 is trading 11.3% below its estimated GF Value™ of $69.90.
GuruFocus considers Bureau Veritas to be Modestly Undervalued.
Key valuation signals for BVVBY:
Return-on-Tangible-Asset: 12.80% (22% above median its 10-year median of 10.46)
GF Value™: $69.90 vs. price of $61.99 (11.3% below fair value)
Industry Position: 222.4% above the Business Services median (#159 of 1094)
No single metric tells the full story. See the BVVBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bureau Veritas is a testing, inspection, and certification company. Its primary activities include testing products and materials, inspecting sites and equipment, and certifying products and systems to maintain global standards. Bureau Veritas is one of a handful of companies in the TIC sector that operate globally across numerous industries, including marine, industry, commodities, construction, and consumer products. Bureau Veritas was listed in 2007; it was previously privately owned by the Wendel Group, which retains a significant holding.
84GF Score
Get the complete analysis for BVVBY
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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