Zain Bahrain BSC (BAH:ZAINBH) Return-on-Tangible-Equity: 5.85% (As of Mar. 2026) — 29% Below Median

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BAH:ZAINBH Zain Bahrain BSC BAH:ZAINBH
71 GF Score
Price BHD0.12
GF Value BHD0.13
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Zain Bahrain BSC Return-on-Tangible-Equity?

Zain Bahrain BSC BAH:ZAINBH 71 Return-on-Tangible-Equity is 5.85% as of Mar. 2026, which is 29% below its 10-year median of 8.24. GuruFocus rates BAH:ZAINBH with a GF Score™ of 71/100 and a GF Value™ of BHD0.13 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 325 Telecommunication Services companies, Zain Bahrain BSC ranks worse than 62.46% 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. Zain Bahrain BSC's annualized net income for the quarter that ended in Mar. 2026 was BHD4.73 Mil. Zain Bahrain BSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was BHD80.83 Mil. Therefore, Zain Bahrain BSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.85%.

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

BAH:ZAINBH' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.5   Med: 8.24   Max: 9.1
Current: 7.61

During the past 13 years, Zain Bahrain BSC's highest Return-on-Tangible-Equity was 9.10%. The lowest was 7.50%. And the median was 8.24%.

BAH:ZAINBH's Return-on-Tangible-Equity is ranked worse than
62.46% of 325 companies
in the Telecommunication Services industry
Industry Median: 13.99 vs BAH:ZAINBH: 7.61

Zain Bahrain BSC  (BAH:ZAINBH) 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.


Zain Bahrain BSC Return-on-Tangible-Equity Related Terms


Zain Bahrain BSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Zain Bahrain 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.

Zain Bahrain BSC Return-on-Tangible-Equity Chart

Zain Bahrain 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 8.64 8.36 8.11 7.82 7.50

Zain Bahrain 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 6.12 7.15 8.36 8.96 5.85

BAH:ZAINBH vs TMUS, VZ, T: Return-on-Tangible-Equity Comparison

For the Telecom Services subindustry, Zain Bahrain 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.


Zain Bahrain BSC Return-on-Tangible-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Zain Bahrain BSC's Return-on-Tangible-Equity distribution charts can be found below:

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


BAH:ZAINBH
71GF Score
Zain Bahrain BSC BAH:ZAINBH
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zain Bahrain BSC Return-on-Tangible-Equity Calculation

Zain Bahrain 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 )
=5.987/( (77.763+81.969 )/ 2 )
=5.987/79.866
=7.50 %

Zain Bahrain 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 )
=4.732/( (81.969+79.683)/ 2 )
=4.732/80.826
=5.85 %

* 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 5.85% mean?
Zain Bahrain BSC (BAH:ZAINBH) has a Return-on-Tangible-Equity of 5.85% 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 Zain Bahrain BSC and its competitors. This is 29% below median its historical median of 8.24. Over the past decade, Zain Bahrain BSC's Return-on-Tangible-Equity has ranged from 7.50 to 9.10. According to the industry distribution chart, Zain Bahrain BSC ranks #203 out of 325 companies in the Telecommunication Services industry, placing it in the top 62.5%.
Is Zain Bahrain BSC's Return-on-Tangible-Equity too high?
Zain Bahrain BSC's current Return-on-Tangible-Equity of 5.85% is 29% below median its 10-year median of 8.24. Over the past 10 years, this metric has ranged from a low of 7.50 to a high of 9.10. The Telecommunication Services industry median Return-on-Tangible-Equity is 13.99. Zain Bahrain BSC's value of 5.85% is 58.2% below this industry median. Based on the distribution chart, Zain Bahrain BSC ranks #203 out of 325 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Zain Bahrain BSC has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zain Bahrain BSC's Return-on-Tangible-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Zain Bahrain BSC ranks #203 out of 325 companies for Return-on-Tangible-Equity. This places Zain Bahrain BSC in the lower half of its industry. The industry median Return-on-Tangible-Equity is 13.99. Zain Bahrain BSC's value of 5.85% is 58.2% below this benchmark. Historically, Zain Bahrain BSC's own Return-on-Tangible-Equity has ranged from 7.50 to 9.10 over the past decade. While the company's 10-year median is 8.24 vs. the industry median of 13.99, Zain Bahrain 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 a Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 13.99, based on 325 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. Zain Bahrain BSC's current Return-on-Tangible-Equity of 5.85% is 58.2% 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 Zain Bahrain BSC and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 13.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zain Bahrain BSC's current Return-on-Tangible-Equity is 5.85%, which is 29% below median its own 10-year median of 8.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zain Bahrain BSC stock overvalued right now?
Based on GuruFocus' analysis, Zain Bahrain BSC (BAH:ZAINBH) is currently considered Modestly Undervalued. The stock's GF Value™ is BHD0.13, compared to a current price of BHD0.12 — trading 11.5% below its estimated fair value. The current Return-on-Tangible-Equity is 5.85%, which is 29% below median its 10-year median of 8.24 and 58.2% below the Telecommunication Services industry median of 13.99. Zain Bahrain BSC's overall GF Score™ is 71/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Zain Bahrain BSC (BAH:ZAINBH), the current Return-on-Tangible-Equity is 5.85% 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 Zain Bahrain BSC (BAH:ZAINBH) Overvalued in 2026?

Based on GuruFocus' analysis, Zain Bahrain BSC stock appears to be undervalued. The current stock price of BHD0.12 is trading 11.5% below its estimated GF Value™ of BHD0.13. GuruFocus considers Zain Bahrain BSC to be Modestly Undervalued.

Key valuation signals for BAH:ZAINBH:

  • Return-on-Tangible-Equity: 5.85% (29% below median its 10-year median of 8.24)
  • GF Value™: BHD0.13 vs. price of BHD0.12 (11.5% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 58.2% below the Telecommunication Services median (#203 of 325)

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


Zain Bahrain BSC Business Description

Address Al-Seef, P.O. Box 266, Manama, BHR
Zain Bahrain BSC provides telecommunication and related products and services mainly in the Kingdom of Bahrain. Its business involves three main activities: mobile operation, fixed broadband operation, and trading of handsets and accessories. The company offers: 4G LTE and 5G services through its mobile network, broadband services, ICT and digital lifestyle communications services, and trades in mobile phones, earphones, and other electronic accessories through its e-commerce website. The majority of its revenue is generated from the provision of airtime, data, subscription, and other related services. Geographically, the company operates in Kuwait, Bahrain, Iraq, Jordan, Saudi Arabia, Sudan, and South Sudan.
71GF Score

Get the complete analysis for BAH:ZAINBH

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

BHD0.12
Price
BHD0.13
GF Value