Bravo Property Fund REIT-Sofia (XBUL:BPF) Return-on-Tangible-Asset: 0.00% (As of . 20)

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Director of Data and Quant Analytics at GuruFocus
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What is Bravo Property Fund REIT-Sofia Return-on-Tangible-Asset?

Bravo Property Fund REIT-Sofia XBUL:BPF Return-on-Tangible-Asset is 0.00% as of . 20. The stock has 1 warning sign investors should review. Among 929 REITs companies, Bravo Property Fund REIT-Sofia ranks worse than 107642.52% 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. Bravo Property Fund REIT-Sofia's annualized Net Income for the quarter that ended in . 20 was € Mil. Bravo Property Fund REIT-Sofia's average total tangible assets for the quarter that ended in . 20 was € Mil. Therefore, Bravo Property Fund REIT-Sofia's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for Bravo Property Fund REIT-Sofia's Return-on-Tangible-Asset or its related term are showing as below:

XBUL:BPF's Return-on-Tangible-Asset is not ranked *
in the REITs industry.
Industry Median: 3.3
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Bravo Property Fund REIT-Sofia  (XBUL:BPF) 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.


Bravo Property Fund REIT-Sofia Return-on-Tangible-Asset Related Terms


Bravo Property Fund REIT-Sofia Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Bravo Property Fund REIT-Sofia'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.

Bravo Property Fund REIT-Sofia Return-on-Tangible-Asset Chart

Bravo Property Fund REIT-Sofia Annual Data
Trend
Return-on-Tangible-Asset

Bravo Property Fund REIT-Sofia Semi-Annual Data
Return-on-Tangible-Asset

XBUL:BPF vs VICI, WPC: Return-on-Tangible-Asset Comparison

For the REIT - Diversified subindustry, Bravo Property Fund REIT-Sofia'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.


Bravo Property Fund REIT-Sofia Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Bravo Property Fund REIT-Sofia's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Bravo Property Fund REIT-Sofia's Return-on-Tangible-Asset falls into.



Bravo Property Fund REIT-Sofia Return-on-Tangible-Asset Calculation

Bravo Property Fund REIT-Sofia's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Bravo Property Fund REIT-Sofia's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 (. 20) net income data.

What does a Return-on-Tangible-Asset of 0.00% mean?
Bravo Property Fund REIT-Sofia (XBUL:BPF) has a Return-on-Tangible-Asset of 0.00% as of . 20. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bravo Property Fund REIT-Sofia and its competitors. According to the industry distribution chart, Bravo Property Fund REIT-Sofia ranks #999999 out of 929 companies in the REITs industry.
Is Bravo Property Fund REIT-Sofia's Return-on-Tangible-Asset too high?
Bravo Property Fund REIT-Sofia's current Return-on-Tangible-Asset is 0.00%. Based on the distribution chart, Bravo Property Fund REIT-Sofia ranks #999999 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers.
How does Bravo Property Fund REIT-Sofia's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Bravo Property Fund REIT-Sofia ranks #999999 out of 929 companies for Return-on-Tangible-Asset. This places Bravo Property Fund REIT-Sofia in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.30. 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 3.30, based on 929 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 Bravo Property Fund REIT-Sofia and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bravo Property Fund REIT-Sofia's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bravo Property Fund REIT-Sofia stock overvalued right now?
Bravo Property Fund REIT-Sofia (XBUL:BPF) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. 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 Bravo Property Fund REIT-Sofia (XBUL:BPF), the current Return-on-Tangible-Asset is 0.00% as of . 20. 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.

Bravo Property Fund REIT-Sofia Business Description

Industry Real EstateREITs
Address Ul. Kuzman Shapkarev 1, Sofia Center, Sofia, BGR
Bravo Property Fund REIT-Sofia is a special purpose investment company for securitization of real estate. It is engaged in raising funds through the issuance of securities and subsequent investment of the raised funds in real estate and real estate rights, carrying out construction, improvements and furnishing in the latter.