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Boleron ADXBUL:BLRN 6 Return-on-Tangible-Equity is 0.00% as of Dec. 2025. GuruFocus rates XBUL:BLRN with a GF Score™ of 6/100. The stock has 2 warning signs investors should review. Among 2,493 Software companies, Boleron AD ranks worse than 97.99% 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. Boleron AD's annualized net income for the quarter that ended in Dec. 2025 was €-0.66 Mil. Boleron AD's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €-0.05 Mil. Therefore, Boleron AD's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was N/A%.
The historical rank and industry rank for Boleron AD's Return-on-Tangible-Equity or its related term are showing as below:
XBUL:BLRN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -737.91 Med: -194.41 Max: -69.94
Current: -453.55
During the past 3 years, Boleron AD's highest Return-on-Tangible-Equity was -69.94%. The lowest was -737.91%. And the median was -194.41%.
XBUL:BLRN's Return-on-Tangible-Equity is ranked worse than 97.99% of 2493
companies
in the Software industry
Industry Median: 9.72
vs XBUL:BLRN: -453.55
Boleron AD (XBUL:BLRN) 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.
Boleron AD Return-on-Tangible-Equity Related Terms
Boleron AD Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Boleron AD'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.
Boleron AD Return-on-Tangible-Equity Chart
Boleron AD Annual Data
Trend
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
-69.83
-194.20
-738.35
Boleron AD Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Return-on-Tangible-Equity
0.00
-86.58
-108.27
-63.66
0.00
XBUL:BLRN vs CRM, SHOP, UBER: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Boleron 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.
Boleron AD Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Boleron AD's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Boleron 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 one times the annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
Boleron AD (XBUL:BLRN) has a Return-on-Tangible-Equity of 0.00% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Boleron AD and its competitors. According to the industry distribution chart, Boleron AD ranks #2443 out of 2493 companies in the Software industry, placing it in the top 98%.
Is Boleron AD's Return-on-Tangible-Equity too high?
Boleron AD's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Boleron AD ranks #2443 out of 2493 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Boleron AD has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Boleron AD's Return-on-Tangible-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, Boleron AD ranks #2443 out of 2493 companies for Return-on-Tangible-Equity. This places Boleron AD in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.72. 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 9.72, based on 2,493 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. 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 Boleron AD and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boleron AD's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boleron AD stock overvalued right now?
Boleron AD (XBUL:BLRN) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Boleron AD's overall GF Score™ is 6/100 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 Boleron AD (XBUL:BLRN), the current Return-on-Tangible-Equity is 0.00% as of Dec. 2025. 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.
Boleron AD is a software company that digitizes and automates various processes in insurance. The company is a digital insurance broker for online insurance in Bulgaria that offers Motor Casco Insurance, Civil Liability Insurance, Travel Abroad Insurance, Health Insurance, Mountain and Ski Insurance, Life Insurance (including investment) and Property Insurance, and among others.
6GF Score
Get the complete analysis for XBUL:BLRN
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