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BJ's Wholesale Club HoldingsBJ +0.35%85 Return-on-Tangible-Equity is 53.95% as of Apr. 2026, which is 45% below its 10-year median of 98.97. GuruFocus rates BJ with a GF Score™ of 85/100 and a GF Value™ of $99.43 (Fairly Valued). The stock has 1 warning sign investors should review. Among 302 Retail - Defensive companies, BJ's Wholesale Club Holdings ranks better than 86.42% 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. BJ's Wholesale Club Holdings's annualized net income for the quarter that ended in Apr. 2026 was $571 Mil. BJ's Wholesale Club Holdings's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $1,058 Mil. Therefore, BJ's Wholesale Club Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 53.95%.
The historical rank and industry rank for BJ's Wholesale Club Holdings's Return-on-Tangible-Equity or its related term are showing as below:
BJ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 56.7 Med: 98.97 Max: 395.4
Current: 56.7
During the past 11 years, BJ's Wholesale Club Holdings's highest Return-on-Tangible-Equity was 395.40%. The lowest was 56.70%. And the median was 98.97%.
BJ's Return-on-Tangible-Equity is ranked better than 86.42% of 302
companies
in the Retail - Defensive industry
Industry Median: 10.91
vs BJ: 56.70
BJ's Wholesale Club Holdings (NYSE:BJ) 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.
BJ's Wholesale Club Holdings Return-on-Tangible-Equity Related Terms
BJ's Wholesale Club Holdings Return-on-Tangible-Equity 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.
BJ's Wholesale Club Holdings Return-on-Tangible-Equity Chart
BJ vs PSMT, TBBB, OLLI: Return-on-Tangible-Equity Comparison
For the Discount Stores subindustry, BJ's Wholesale Club Holdings'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.
BJ's Wholesale Club Holdings Return-on-Tangible-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, BJ's Wholesale Club Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BJ's Wholesale Club Holdings's Return-on-Tangible-Equity 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-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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 53.95% mean?
BJ's Wholesale Club Holdings (BJ) has a Return-on-Tangible-Equity of 53.95% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on BJ's Wholesale Club Holdings and its competitors. This is 45% below median its historical median of 98.97. Over the past decade, BJ's Wholesale Club Holdings' Return-on-Tangible-Equity has ranged from 56.70 to 395.40. According to the industry distribution chart, BJ's Wholesale Club Holdings ranks #41 out of 302 companies in the Retail - Defensive industry, placing it in the top 13.6%.
Is BJ's Wholesale Club Holdings' Return-on-Tangible-Equity too high?
BJ's Wholesale Club Holdings' current Return-on-Tangible-Equity of 53.95% is 45% below median its 10-year median of 98.97. Over the past 10 years, this metric has ranged from a low of 56.70 to a high of 395.40. The Retail - Defensive industry median Return-on-Tangible-Equity is 10.91. BJ's Wholesale Club Holdings' value of 53.95% is 394.5% above this industry median. Based on the distribution chart, BJ's Wholesale Club Holdings ranks #41 out of 302 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, BJ's Wholesale Club Holdings has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BJ's Wholesale Club Holdings' Return-on-Tangible-Equity compare to PSMT and TBBB?
According to the Retail - Defensive industry distribution chart, BJ's Wholesale Club Holdings ranks #41 out of 302 companies for Return-on-Tangible-Equity. This places BJ's Wholesale Club Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.91. BJ's Wholesale Club Holdings' value of 53.95% is 394.5% above this benchmark. Historically, BJ's Wholesale Club Holdings' own Return-on-Tangible-Equity has ranged from 56.70 to 395.40 over the past decade. While the company's 10-year median is 98.97 vs. the industry median of 10.91, BJ's Wholesale Club Holdings 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-Equity for a Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 10.91, based on 302 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. BJ's Wholesale Club Holdings's current Return-on-Tangible-Equity of 53.95% is 394.5% 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-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 BJ's Wholesale Club Holdings and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BJ's Wholesale Club Holdings's current Return-on-Tangible-Equity is 53.95%, which is 45% below median its own 10-year median of 98.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BJ's Wholesale Club Holdings stock overvalued right now?
Based on GuruFocus' analysis, BJ's Wholesale Club Holdings (BJ) is currently considered Fairly Valued. The stock's GF Value™ is $99.43, compared to a current price of $93.40 — trading 6.1% below its estimated fair value. The current Return-on-Tangible-Equity is 53.95%, which is 45% below median its 10-year median of 98.97 and 394.5% above the Retail - Defensive industry median of 10.91. BJ's Wholesale Club Holdings' overall GF Score™ is 85/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For BJ's Wholesale Club Holdings (BJ), the current Return-on-Tangible-Equity is 53.95% as of Apr. 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 BJ's Wholesale Club Holdings (BJ) Overvalued in 2026?
Based on GuruFocus' analysis, BJ's Wholesale Club Holdings stock appears to be undervalued.
The current stock price of $93.40 is trading 6.1% below its estimated GF Value™ of $99.43.
GuruFocus considers BJ's Wholesale Club Holdings to be Fairly Valued.
Key valuation signals for BJ:
Return-on-Tangible-Equity: 53.95% (45% below median its 10-year median of 98.97)
GF Value™: $99.43 vs. price of $93.40 (6.1% below fair value)
Industry Position: 394.5% above the Retail - Defensive median (#41 of 302)
No single metric tells the full story. See the BJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BJ's Wholesale Club, founded in 1984, operates a membership-based warehouse club model primarily along the US East Coast, with roughly 260 clubs and a growing domestic presence across 21 states. In fiscal 2025, the company generated over $21 billion in revenue. BJ's offers a value-oriented assortment skewed toward grocery, perishables, and consumables (72% of sales), general merchandise (11%), and gasoline (17%). Its business model is supported by recurring membership fee income and private-label brands such as Wellsley Farms and Berkley Jensen.
85GF Score
Get the complete analysis for BJ
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