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Bulgarian Private Equity Fund ADXBUL:BPEF 62 Return-on-Tangible-Asset is 3.02% as of Mar. 2026, which is 243% above its 10-year median of 0.88. GuruFocus rates XBUL:BPEF with a GF Score™ of 62/100 and a GF Value™ of €3.85 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 816 Capital Markets companies, Bulgarian Private Equity Fund AD ranks better than 66.91% on this metric.
The historical rank and industry rank for Bulgarian Private Equity Fund AD's Return-on-Tangible-Asset or its related term are showing as below:
XBUL:BPEF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.64 Med: 0.88 Max: 5.39
Current: 3.82
During the past 13 years, Bulgarian Private Equity Fund AD's highest Return-on-Tangible-Asset was 5.39%. The lowest was -7.64%. And the median was 0.88%.
XBUL:BPEF's Return-on-Tangible-Asset is ranked better than 66.91% of 816
companies
in the Capital Markets industry
Industry Median: 1.54
vs XBUL:BPEF: 3.82
Bulgarian Private Equity Fund AD (XBUL:BPEF) 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.
Bulgarian Private Equity Fund AD Return-on-Tangible-Asset Related Terms
Bulgarian Private Equity Fund AD Return-on-Tangible-Asset Historical Data
* 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.
Bulgarian Private Equity Fund AD Return-on-Tangible-Asset Chart
XBUL:BPEF vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Bulgarian Private Equity Fund 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.
Bulgarian Private Equity Fund AD Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bulgarian Private Equity Fund AD's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bulgarian Private Equity Fund AD'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 3.02% mean?
Bulgarian Private Equity Fund AD (XBUL:BPEF) has a Return-on-Tangible-Asset of 3.02% 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 Bulgarian Private Equity Fund AD and its competitors. This is 243% above median its historical median of 0.88. According to the industry distribution chart, Bulgarian Private Equity Fund AD ranks #270 out of 816 companies in the Capital Markets industry, placing it in the top 33.1%.
Is Bulgarian Private Equity Fund AD's Return-on-Tangible-Asset too high?
Bulgarian Private Equity Fund AD's current Return-on-Tangible-Asset of 3.02% is 243% above median its 10-year median of 0.88. The Capital Markets industry median Return-on-Tangible-Asset is 1.54. Bulgarian Private Equity Fund AD's value of 3.02% is 96.1% above this industry median. Based on the distribution chart, Bulgarian Private Equity Fund AD ranks #270 out of 816 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Bulgarian Private Equity Fund AD has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Private Equity Fund AD's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Bulgarian Private Equity Fund AD ranks #270 out of 816 companies for Return-on-Tangible-Asset. This puts Bulgarian Private Equity Fund AD in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.54. Bulgarian Private Equity Fund AD's value of 3.02% is 96.1% above this benchmark. While the company's 10-year median is 0.88 vs. the industry median of 1.54, Bulgarian Private Equity Fund AD 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.54, based on 816 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. Bulgarian Private Equity Fund AD's current Return-on-Tangible-Asset of 3.02% is 96.1% 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 Bulgarian Private Equity Fund AD and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulgarian Private Equity Fund AD's current Return-on-Tangible-Asset is 3.02%, which is 243% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Private Equity Fund AD stock overvalued right now?
Based on GuruFocus' analysis, Bulgarian Private Equity Fund AD (XBUL:BPEF) is currently considered Significantly Undervalued. The stock's GF Value™ is €3.85, compared to a current price of €1.20 — trading 68.8% below its estimated fair value. The current Return-on-Tangible-Asset is 3.02%, which is 243% above median its 10-year median of 0.88 and 96.1% above the Capital Markets industry median of 1.54. Bulgarian Private Equity Fund AD's overall GF Score™ is 62/100 with 1 warning sign 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 Bulgarian Private Equity Fund AD (XBUL:BPEF), the current Return-on-Tangible-Asset is 3.02% 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 Bulgarian Private Equity Fund AD (XBUL:BPEF) Overvalued in 2026?
Based on GuruFocus' analysis, Bulgarian Private Equity Fund AD stock appears to be undervalued.
The current stock price of €1.20 is trading 68.8% below its estimated GF Value™ of €3.85.
GuruFocus considers Bulgarian Private Equity Fund AD to be Significantly Undervalued.
Key valuation signals for XBUL:BPEF:
Return-on-Tangible-Asset: 3.02% (243% above median its 10-year median of 0.88)
GF Value™: €3.85 vs. price of €1.20 (68.8% below fair value)
Industry Position: 96.1% above the Capital Markets median (#270 of 816)
No single metric tells the full story. See the XBUL:BPEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bulgarian Private Equity Fund AD Formerly Bulgarian Equity Investment Fund AD is engaged in the acquisition, management & sale of shares in Bulgarian & foreign companies. It also offers commercial mediation & representation, purchase, sale & exchange of real estate, renting & real estate management.
62GF Score
Get the complete analysis for XBUL:BPEF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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