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BXPMEX:BXP 70 Return-on-Tangible-Asset is 1.59% as of Mar. 2026, which is 36% below its 10-year median of 2.47. GuruFocus rates MEX:BXP with a GF Score™ of 70/100 and a GF Value™ of MXN1,264.61. The stock has 11 warning signs investors should review. Among 940 REITs companies, BXP ranks worse than 69.57% 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. BXP's annualizedNet Income for the quarter that ended in Mar. 2026 was MXN7,327 Mil. BXP's average total tangible assets for the quarter that ended in Mar. 2026 was MXN461,901 Mil. Therefore, BXP's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.59%.
The historical rank and industry rank for BXP's Return-on-Tangible-Asset or its related term are showing as below:
MEX:BXP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.05 Med: 2.47 Max: 3.95
Current: 1.24
During the past 13 years, BXP's highest Return-on-Tangible-Asset was 3.95%. The lowest was 0.05%. And the median was 2.47%.
MEX:BXP's Return-on-Tangible-Asset is ranked worse than 69.57% of 940
companies
in the REITs industry
Industry Median: 3.27
vs MEX:BXP: 1.24
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.
BXP Return-on-Tangible-Asset Related Terms
BXP Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for BXP'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.
MEX:BXP vs ARE, VNO, CUZ: Return-on-Tangible-Asset Comparison
For the REIT - Office subindustry, BXP'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.
BXP Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, BXP's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where BXP'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 1.59% mean?
BXP (MEX:BXP) has a Return-on-Tangible-Asset of 1.59% 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 BXP and its competitors. This is 36% below median its historical median of 2.47. Over the past decade, BXP's Return-on-Tangible-Asset has ranged from 0.05 to 3.95. According to the industry distribution chart, BXP ranks #654 out of 940 companies in the REITs industry, placing it in the top 69.6%.
Is BXP's Return-on-Tangible-Asset too high?
BXP's current Return-on-Tangible-Asset of 1.59% is 36% below median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 3.95. The REITs industry median Return-on-Tangible-Asset is 3.27. BXP's value of 1.59% is 51.4% below this industry median. Based on the distribution chart, BXP ranks #654 out of 940 companies in the REITs industry, which is below the industry midpoint. Overall, BXP has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does BXP's Return-on-Tangible-Asset compare to ARE and VNO?
According to the REITs industry distribution chart, BXP ranks #654 out of 940 companies for Return-on-Tangible-Asset. This places BXP in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.27. BXP's value of 1.59% is 51.4% below this benchmark. Historically, BXP's own Return-on-Tangible-Asset has ranged from 0.05 to 3.95 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 3.27, BXP 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 a REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.27, based on 940 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. BXP's current Return-on-Tangible-Asset of 1.59% is 51.4% 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 BXP and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BXP's current Return-on-Tangible-Asset is 1.59%, which is 36% below median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BXP stock overvalued right now?
BXP (MEX:BXP) has a current Return-on-Tangible-Asset of 1.59%. The stock's GF Value™ is MXN1,264.61, compared to a current price of MXN1,280.00 — trading 1.2% above its estimated fair value. The current Return-on-Tangible-Asset is 1.59%, which is 36% below median its 10-year median of 2.47 and 51.4% below the REITs industry median of 3.27. BXP's overall GF Score™ is 70/100 with 11 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 BXP (MEX:BXP), the current Return-on-Tangible-Asset is 1.59% 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 BXP (MEX:BXP) Overvalued in 2026?
Based on GuruFocus' analysis, BXP stock appears to be overvalued.
The current stock price of MXN1,280.00 is trading 1.2% above its estimated GF Value™ of MXN1,264.61.
Key valuation signals for MEX:BXP:
Return-on-Tangible-Asset: 1.59% (36% below median its 10-year median of 2.47)
GF Value™: MXN1,264.61 vs. price of MXN1,280.00 (1.2% above fair value)
Industry Position: 51.4% below the REITs median (#654 of 940)
No single metric tells the full story. See the MEX:BXP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BXP owns 179 properties consisting of approximately 52.6 million rentable square feet of space. The portfolio is dominated by office buildings and is spread across major cities such as New York, Boston, San Francisco, Los Angeles, Seattle, and the Washington, D.C., region. The real estate investment trust also owns limited retail, hotel, and residential properties.
70GF Score
Get the complete analysis for MEX:BXP
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