Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CB Bulgarian American Credit Bank ADXBUL:BACB 62 Return-on-Tangible-Equity is 13.39% as of Mar. 2026, which is 67% above its 10-year median of 8.01. GuruFocus rates XBUL:BACB with a GF Score™ of 62/100 and a GF Value™ of €10.16 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,518 Banks companies, CB Bulgarian American Credit Bank AD ranks worse than 60.74% on this metric.
The historical rank and industry rank for CB Bulgarian American Credit Bank AD's Return-on-Tangible-Equity or its related term are showing as below:
XBUL:BACB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.59 Med: 8.01 Max: 18.73
Current: 9.45
During the past 13 years, CB Bulgarian American Credit Bank AD's highest Return-on-Tangible-Equity was 18.73%. The lowest was 3.59%. And the median was 8.01%.
XBUL:BACB's Return-on-Tangible-Equity is ranked worse than 60.74% of 1518
companies
in the Banks industry
Industry Median: 11.255
vs XBUL:BACB: 9.45
CB Bulgarian American Credit Bank AD (XBUL:BACB) 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.
CB Bulgarian American Credit Bank AD Return-on-Tangible-Equity Related Terms
CB Bulgarian American Credit Bank AD 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.
CB Bulgarian American Credit Bank AD Return-on-Tangible-Equity Chart
XBUL:BACB vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, CB Bulgarian American Credit Bank AD'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.
CB Bulgarian American Credit Bank AD Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, CB Bulgarian American Credit Bank AD's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CB Bulgarian American Credit Bank AD'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 (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 13.39% mean?
CB Bulgarian American Credit Bank AD (XBUL:BACB) has a Return-on-Tangible-Equity of 13.39% 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 CB Bulgarian American Credit Bank AD and its competitors. This is 67% above median its historical median of 8.01. Over the past decade, CB Bulgarian American Credit Bank AD's Return-on-Tangible-Equity has ranged from 3.59 to 18.73. According to the industry distribution chart, CB Bulgarian American Credit Bank AD ranks #922 out of 1518 companies in the Banks industry, placing it in the top 60.7%.
Is CB Bulgarian American Credit Bank AD's Return-on-Tangible-Equity too high?
CB Bulgarian American Credit Bank AD's current Return-on-Tangible-Equity of 13.39% is 67% above median its 10-year median of 8.01. Over the past 10 years, this metric has ranged from a low of 3.59 to a high of 18.73. The Banks industry median Return-on-Tangible-Equity is 11.26. CB Bulgarian American Credit Bank AD's value of 13.39% is 19% above this industry median. Based on the distribution chart, CB Bulgarian American Credit Bank AD ranks #922 out of 1518 companies in the Banks industry, which is below the industry midpoint. Overall, CB Bulgarian American Credit Bank AD has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CB Bulgarian American Credit Bank AD's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, CB Bulgarian American Credit Bank AD ranks #922 out of 1518 companies for Return-on-Tangible-Equity. This places CB Bulgarian American Credit Bank AD in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.26. CB Bulgarian American Credit Bank AD's value of 13.39% is 19% above this benchmark. Historically, CB Bulgarian American Credit Bank AD's own Return-on-Tangible-Equity has ranged from 3.59 to 18.73 over the past decade. While the company's 10-year median is 8.01 vs. the industry median of 11.26, CB Bulgarian American Credit Bank AD 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.26, based on 1,518 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. CB Bulgarian American Credit Bank AD's current Return-on-Tangible-Equity of 13.39% is 19% 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 CB Bulgarian American Credit Bank AD and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CB Bulgarian American Credit Bank AD's current Return-on-Tangible-Equity is 13.39%, which is 67% above median its own 10-year median of 8.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CB Bulgarian American Credit Bank AD stock overvalued right now?
Based on GuruFocus' analysis, CB Bulgarian American Credit Bank AD (XBUL:BACB) is currently considered Significantly Undervalued. The stock's GF Value™ is €10.16, compared to a current price of €6.20 — trading 39% below its estimated fair value. The current Return-on-Tangible-Equity is 13.39%, which is 67% above median its 10-year median of 8.01 and 19% above the Banks industry median of 11.26. CB Bulgarian American Credit Bank AD's overall GF Score™ is 62/100 with 2 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 CB Bulgarian American Credit Bank AD (XBUL:BACB), the current Return-on-Tangible-Equity is 13.39% 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 CB Bulgarian American Credit Bank AD (XBUL:BACB) Overvalued in 2026?
Based on GuruFocus' analysis, CB Bulgarian American Credit Bank AD stock appears to be undervalued.
The current stock price of €6.20 is trading 39% below its estimated GF Value™ of €10.16.
GuruFocus considers CB Bulgarian American Credit Bank AD to be Significantly Undervalued.
Key valuation signals for XBUL:BACB:
Return-on-Tangible-Equity: 13.39% (67% above median its 10-year median of 8.01)
GF Value™: €10.16 vs. price of €6.20 (39% below fair value)
Industry Position: 19% above the Banks median (#922 of 1518)
No single metric tells the full story. See the XBUL:BACB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CB Bulgarian American Credit Bank AD Business Description
CB Bulgarian American Credit Bank AD is engaged in providing secured finance to small and medium-sized businesses in Bulgaria. The company has three segments: Construction, Real estate investments and land development, and Electricity production.
62GF Score
Get the complete analysis for XBUL:BACB
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XBUL:BACB has been successfully added to your 
