Boleron AD (XBUL:BLRN) Return-on-Tangible-Asset: -58.13% (As of Dec. 2025)

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XBUL:BLRN Boleron AD XBUL:BLRN
6 GF Score
Price €1.44
! 2 Warning Signs
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What is Boleron AD Return-on-Tangible-Asset?

Boleron AD XBUL:BLRN 6 Return-on-Tangible-Asset is -58.13% as of Dec. 2025. GuruFocus rates XBUL:BLRN with a GF Score™ of 6/100. The stock has 2 warning signs investors should review. Among 2,899 Software companies, Boleron AD ranks worse than 90.93% 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. Boleron AD's annualized Net Income for the quarter that ended in Dec. 2025 was €-0.66 Mil. Boleron AD's average total tangible assets for the quarter that ended in Dec. 2025 was €1.13 Mil. Therefore, Boleron AD's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -58.13%.

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

XBUL:BLRN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -178.73   Med: -79.19   Max: -65.16
Current: -99.29

During the past 3 years, Boleron AD's highest Return-on-Tangible-Asset was -65.16%. The lowest was -178.73%. And the median was -79.19%.

XBUL:BLRN's Return-on-Tangible-Asset is ranked worse than
90.93% of 2899 companies
in the Software industry
Industry Median: 2.03 vs XBUL:BLRN: -99.29

Boleron AD  (XBUL:BLRN) 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.


Boleron AD Return-on-Tangible-Asset Related Terms


Boleron AD Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Boleron AD'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.

Boleron AD Return-on-Tangible-Asset Chart

Boleron AD Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Asset
-65.10 -178.65 -79.23

Boleron AD Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset 0.00 -80.71 -98.24 -54.88 -58.13

XBUL:BLRN vs CRM, SHOP, UBER: Return-on-Tangible-Asset Comparison

For the Software - Application subindustry, Boleron AD'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.


Boleron AD Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Boleron AD's Return-on-Tangible-Asset distribution charts can be found below:

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


XBUL:BLRN
6GF Score
Boleron AD XBUL:BLRN
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Boleron AD Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-1.03/( (0.853+1.747)/ 2 )
=-1.03/1.3
=-79.23 %

Boleron AD's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-0.656/( (0.51+1.747)/ 2 )
=-0.656/1.1285
=-58.13 %

* 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 one times the annual (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of -58.13% mean?
Boleron AD (XBUL:BLRN) has a Return-on-Tangible-Asset of -58.13% 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 Boleron AD and its competitors. According to the industry distribution chart, Boleron AD ranks #2636 out of 2899 companies in the Software industry, placing it in the top 90.9%.
Is Boleron AD's Return-on-Tangible-Asset too high?
Boleron AD's current Return-on-Tangible-Asset is -58.13%. Based on the distribution chart, Boleron AD ranks #2636 out of 2899 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Boleron AD has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Boleron AD's Return-on-Tangible-Asset compare to CRM and SHOP?
According to the Software industry distribution chart, Boleron AD ranks #2636 out of 2899 companies for Return-on-Tangible-Asset. This places Boleron AD in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.03. 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 2.03, based on 2,899 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 Boleron AD and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boleron AD's current Return-on-Tangible-Asset is -58.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boleron AD stock overvalued right now?
Boleron AD (XBUL:BLRN) has a current Return-on-Tangible-Asset of -58.13%. The current Return-on-Tangible-Asset is -58.13%. Boleron AD's overall GF Score™ is 6/100 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 Boleron AD (XBUL:BLRN), the current Return-on-Tangible-Asset is -58.13% 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.

Boleron AD Business Description

Address 24 Georgi Benkovski Street, Stolichna, Oborishte District, Sofia, BGR, 1000
Boleron AD is a software company that digitizes and automates various processes in insurance. The company is a digital insurance broker for online insurance in Bulgaria that offers Motor Casco Insurance, Civil Liability Insurance, Travel Abroad Insurance, Health Insurance, Mountain and Ski Insurance, Life Insurance (including investment) and Property Insurance, and among others.
6GF 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.

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