Bahrain National Holding Co BSC (BAH:BNH) Return-on-Tangible-Equity: 4.41% (As of Mar. 2026) — 52% Below Median

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BAH:BNH Bahrain National Holding Co BSC BAH:BNH
41 GF Score
Price BHD0.50
GF Value BHD0.59
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Bahrain National Holding Co BSC Return-on-Tangible-Equity?

Bahrain National Holding Co BSC BAH:BNH 41 Return-on-Tangible-Equity is 4.41% as of Mar. 2026, which is 52% below its 10-year median of 9.16. GuruFocus rates BAH:BNH with a GF Score™ of 41/100 and a GF Value™ of BHD0.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,590 Asset Management companies, Bahrain National Holding Co BSC ranks better than 88.74% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Bahrain National Holding Co BSC's annualized net income for the quarter that ended in Mar. 2026 was BHD3.50 Mil. Bahrain National Holding Co BSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was BHD79.44 Mil. Therefore, Bahrain National Holding Co BSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.41%.

The historical rank and industry rank for Bahrain National Holding Co BSC's Return-on-Tangible-Equity or its related term are showing as below:

BAH:BNH' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.45   Med: 9.16   Max: 35.78
Current: 34.25

During the past 13 years, Bahrain National Holding Co BSC's highest Return-on-Tangible-Equity was 35.78%. The lowest was 4.45%. And the median was 9.16%.

BAH:BNH's Return-on-Tangible-Equity is ranked better than
88.74% of 1590 companies
in the Asset Management industry
Industry Median: 7.21 vs BAH:BNH: 34.25

Bahrain National Holding Co BSC  (BAH:BNH) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Bahrain National Holding Co BSC Return-on-Tangible-Equity Related Terms


Bahrain National Holding Co BSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Bahrain National Holding Co BSC's Return-on-Tangible-Equity 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.

Bahrain National Holding Co BSC Return-on-Tangible-Equity Chart

Bahrain National Holding Co BSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.68 17.53 10.23 7.30 35.78

Bahrain National Holding Co BSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.85 145.97 1.38 -14.23 4.41

BAH:BNH vs BRK.A, AIG, HIG: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Bahrain National Holding Co BSC's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Bahrain National Holding Co BSC Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bahrain National Holding Co BSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bahrain National Holding Co BSC's Return-on-Tangible-Equity falls into.


BAH:BNH
41GF Score
Bahrain National Holding Co BSC BAH:BNH
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bahrain National Holding Co BSC Return-on-Tangible-Equity Calculation

Bahrain National Holding Co BSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=27.458/( (71.853+81.632 )/ 2 )
=27.458/76.7425
=35.78 %

Bahrain National Holding Co BSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=3.504/( (81.632+77.249)/ 2 )
=3.504/79.4405
=4.41 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 4.41% mean?
Bahrain National Holding Co BSC (BAH:BNH) has a Return-on-Tangible-Equity of 4.41% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bahrain National Holding Co BSC and its competitors. This is 52% below median its historical median of 9.16. Over the past decade, Bahrain National Holding Co BSC's Return-on-Tangible-Equity has ranged from 4.45 to 35.78. According to the industry distribution chart, Bahrain National Holding Co BSC ranks #179 out of 1590 companies in the Asset Management industry, placing it in the top 11.3%.
Is Bahrain National Holding Co BSC's Return-on-Tangible-Equity too high?
Bahrain National Holding Co BSC's current Return-on-Tangible-Equity of 4.41% is 52% below median its 10-year median of 9.16. Over the past 10 years, this metric has ranged from a low of 4.45 to a high of 35.78. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Bahrain National Holding Co BSC's value of 4.41% is 38.8% below this industry median. Based on the distribution chart, Bahrain National Holding Co BSC ranks #179 out of 1590 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Bahrain National Holding Co BSC has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bahrain National Holding Co BSC's Return-on-Tangible-Equity compare to BRK.A and AIG?
According to the Asset Management industry distribution chart, Bahrain National Holding Co BSC ranks #179 out of 1590 companies for Return-on-Tangible-Equity. This places Bahrain National Holding Co BSC in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. Bahrain National Holding Co BSC's value of 4.41% is 38.8% below this benchmark. Historically, Bahrain National Holding Co BSC's own Return-on-Tangible-Equity has ranged from 4.45 to 35.78 over the past decade. While the company's 10-year median is 9.16 vs. the industry median of 7.21, Bahrain National Holding Co BSC 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,590 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bahrain National Holding Co BSC's current Return-on-Tangible-Equity of 4.41% is 38.8% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bahrain National Holding Co BSC and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bahrain National Holding Co BSC's current Return-on-Tangible-Equity is 4.41%, which is 52% below median its own 10-year median of 9.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bahrain National Holding Co BSC stock overvalued right now?
Based on GuruFocus' analysis, Bahrain National Holding Co BSC (BAH:BNH) is currently considered Modestly Undervalued. The stock's GF Value™ is BHD0.59, compared to a current price of BHD0.50 — trading 14.9% below its estimated fair value. The current Return-on-Tangible-Equity is 4.41%, which is 52% below median its 10-year median of 9.16 and 38.8% below the Asset Management industry median of 7.21. Bahrain National Holding Co BSC's overall GF Score™ is 41/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Bahrain National Holding Co BSC (BAH:BNH), the current Return-on-Tangible-Equity is 4.41% 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 Bahrain National Holding Co BSC (BAH:BNH) Overvalued in 2026?

Based on GuruFocus' analysis, Bahrain National Holding Co BSC stock appears to be undervalued. The current stock price of BHD0.50 is trading 14.9% below its estimated GF Value™ of BHD0.59. GuruFocus considers Bahrain National Holding Co BSC to be Modestly Undervalued.

Key valuation signals for BAH:BNH:

  • Return-on-Tangible-Equity: 4.41% (52% below median its 10-year median of 9.16)
  • GF Value™: BHD0.59 vs. price of BHD0.50 (14.9% below fair value)
  • GF Score™: 41/100 with 4 warning signs
  • Industry Position: 38.8% below the Asset Management median (#179 of 1590)

No single metric tells the full story. See the BAH:BNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bahrain National Holding Co BSC Business Description

Address BNH Tower, P.O. Box 843, 9th floor, Seef Business District, Manama, BHR
Bahrain National Holding Co BSC is a Bahrain-based company engaged in asset management activities. The group operates through a single reportable segment, Asset Management, which comprises marketable portfolio investments, direct investments, and treasury activities.
41GF Score

Get the complete analysis for BAH:BNH

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BHD0.50
Price
BHD0.59
GF Value