Bolkan Property Instruments REIT-Sofia (XBUL:BPI) Return-on-Tangible-Asset: 15.05% (As of Mar. 2026) — 119% Above Median

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XBUL:BPI Bolkan Property Instruments REIT-Sofia XBUL:BPI
15 GF Score
Price €7.00
! 3 Warning Signs
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What is Bolkan Property Instruments REIT-Sofia Return-on-Tangible-Asset?

Bolkan Property Instruments REIT-Sofia XBUL:BPI 15 Return-on-Tangible-Asset is 15.05% as of Mar. 2026, which is 119% above its 10-year median of 6.87. GuruFocus rates XBUL:BPI with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 506 Insurance companies, Bolkan Property Instruments REIT-Sofia ranks better than 86.17% 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. Bolkan Property Instruments REIT-Sofia's annualized Net Income for the quarter that ended in Mar. 2026 was €1.28 Mil. Bolkan Property Instruments REIT-Sofia's average total tangible assets for the quarter that ended in Mar. 2026 was €8.48 Mil. Therefore, Bolkan Property Instruments REIT-Sofia's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.05%.

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

XBUL:BPI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.16   Med: 6.87   Max: 10.34
Current: 7.92

During the past 3 years, Bolkan Property Instruments REIT-Sofia's highest Return-on-Tangible-Asset was 10.34%. The lowest was 4.16%. And the median was 6.87%.

XBUL:BPI's Return-on-Tangible-Asset is ranked better than
86.17% of 506 companies
in the Insurance industry
Industry Median: 2.745 vs XBUL:BPI: 7.92

Bolkan Property Instruments REIT-Sofia  (XBUL:BPI) 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.


Bolkan Property Instruments REIT-Sofia Return-on-Tangible-Asset Related Terms


Bolkan Property Instruments REIT-Sofia Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Bolkan Property Instruments 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.

Bolkan Property Instruments REIT-Sofia Return-on-Tangible-Asset Chart

Bolkan Property Instruments REIT-Sofia Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Asset
10.34 6.87 4.16

Bolkan Property Instruments REIT-Sofia Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.85 5.30 -1.50 8.29 15.05

XBUL:BPI vs BRK.A, AIG, HIG: Return-on-Tangible-Asset Comparison

For the Insurance - Diversified subindustry, Bolkan Property Instruments 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.


Bolkan Property Instruments REIT-Sofia Return-on-Tangible-Asset vs Insurance Industry

For the Insurance industry and Financial Services sector, Bolkan Property Instruments REIT-Sofia's Return-on-Tangible-Asset distribution charts can be found below:

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


XBUL:BPI
15GF Score
Bolkan Property Instruments REIT-Sofia XBUL:BPI
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Bolkan Property Instruments REIT-Sofia Return-on-Tangible-Asset Calculation

Bolkan Property Instruments REIT-Sofia'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 )
=0.19/( (1.107+8.02)/ 2 )
=0.19/4.5635
=4.16 %

Bolkan Property Instruments REIT-Sofia's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1.276/( (8.02+8.936)/ 2 )
=1.276/8.478
=15.05 %

* 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 15.05% mean?
Bolkan Property Instruments REIT-Sofia (XBUL:BPI) has a Return-on-Tangible-Asset of 15.05% 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 Bolkan Property Instruments REIT-Sofia and its competitors. This is 119% above median its historical median of 6.87. Over the past decade, Bolkan Property Instruments REIT-Sofia's Return-on-Tangible-Asset has ranged from 4.16 to 10.34. According to the industry distribution chart, Bolkan Property Instruments REIT-Sofia ranks #70 out of 506 companies in the Insurance industry, placing it in the top 13.8%.
Is Bolkan Property Instruments REIT-Sofia's Return-on-Tangible-Asset too high?
Bolkan Property Instruments REIT-Sofia's current Return-on-Tangible-Asset of 15.05% is 119% above median its 10-year median of 6.87. Over the past 10 years, this metric has ranged from a low of 4.16 to a high of 10.34. The Insurance industry median Return-on-Tangible-Asset is 2.75. Bolkan Property Instruments REIT-Sofia's value of 15.05% is 448.3% above this industry median. Based on the distribution chart, Bolkan Property Instruments REIT-Sofia ranks #70 out of 506 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Bolkan Property Instruments REIT-Sofia has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Bolkan Property Instruments REIT-Sofia's Return-on-Tangible-Asset compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Bolkan Property Instruments REIT-Sofia ranks #70 out of 506 companies for Return-on-Tangible-Asset. This places Bolkan Property Instruments REIT-Sofia in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.75. Bolkan Property Instruments REIT-Sofia's value of 15.05% is 448.3% above this benchmark. Historically, Bolkan Property Instruments REIT-Sofia's own Return-on-Tangible-Asset has ranged from 4.16 to 10.34 over the past decade. While the company's 10-year median is 6.87 vs. the industry median of 2.75, Bolkan Property Instruments REIT-Sofia 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 an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.75, based on 506 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. Bolkan Property Instruments REIT-Sofia's current Return-on-Tangible-Asset of 15.05% is 448.3% 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 Bolkan Property Instruments REIT-Sofia and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bolkan Property Instruments REIT-Sofia's current Return-on-Tangible-Asset is 15.05%, which is 119% above median its own 10-year median of 6.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bolkan Property Instruments REIT-Sofia stock overvalued right now?
Bolkan Property Instruments REIT-Sofia (XBUL:BPI) has a current Return-on-Tangible-Asset of 15.05%. The current Return-on-Tangible-Asset is 15.05%, which is 119% above median its 10-year median of 6.87 and 448.3% above the Insurance industry median of 2.75. Bolkan Property Instruments REIT-Sofia's overall GF Score™ is 15/100 with 3 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 Bolkan Property Instruments REIT-Sofia (XBUL:BPI), the current Return-on-Tangible-Asset is 15.05% 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.

Bolkan Property Instruments REIT-Sofia Business Description

Address 21 Yakubitsa Street, 5th floor, Office 501, Lozenets District, Sofia, BGR, 1164
Bolkan Property Instruments REIT-Sofia is engaged in providing financial services and insurance business.
15GF 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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