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Bulgarian Private Equity Fund ADXBUL:BPEF 61 Return-on-Tangible-Equity is 4.78% as of Mar. 2026, which is 443% above its 10-year median of 0.88. GuruFocus rates XBUL:BPEF with a GF Score™ of 61/100 and a GF Value™ of €3.80 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 782 Capital Markets companies, Bulgarian Private Equity Fund AD ranks worse than 51.92% on this metric.
The historical rank and industry rank for Bulgarian Private Equity Fund AD's Return-on-Tangible-Equity or its related term are showing as below:
XBUL:BPEF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.65 Med: 0.88 Max: 6.09
Current: 6.09
During the past 13 years, Bulgarian Private Equity Fund AD's highest Return-on-Tangible-Equity was 6.09%. The lowest was -7.65%. And the median was 0.88%.
XBUL:BPEF's Return-on-Tangible-Equity is ranked worse than 51.92% of 782
companies
in the Capital Markets industry
Industry Median: 6.52
vs XBUL:BPEF: 6.09
Bulgarian Private Equity Fund AD (XBUL:BPEF) 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.
Bulgarian Private Equity Fund AD Return-on-Tangible-Equity Related Terms
Bulgarian Private Equity Fund 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.
Bulgarian Private Equity Fund AD Return-on-Tangible-Equity Chart
XBUL:BPEF vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Bulgarian Private Equity Fund 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.
Bulgarian Private Equity Fund AD Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bulgarian Private Equity Fund AD's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bulgarian Private Equity Fund 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 4.78% mean?
Bulgarian Private Equity Fund AD (XBUL:BPEF) has a Return-on-Tangible-Equity of 4.78% 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 Bulgarian Private Equity Fund AD and its competitors. This is 443% above median its historical median of 0.88. According to the industry distribution chart, Bulgarian Private Equity Fund AD ranks #406 out of 782 companies in the Capital Markets industry, placing it in the top 51.9%.
Is Bulgarian Private Equity Fund AD's Return-on-Tangible-Equity too high?
Bulgarian Private Equity Fund AD's current Return-on-Tangible-Equity of 4.78% is 443% above median its 10-year median of 0.88. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. Bulgarian Private Equity Fund AD's value of 4.78% is 26.7% below this industry median. Based on the distribution chart, Bulgarian Private Equity Fund AD ranks #406 out of 782 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Bulgarian Private Equity Fund AD has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Private Equity Fund AD's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Bulgarian Private Equity Fund AD ranks #406 out of 782 companies for Return-on-Tangible-Equity. This places Bulgarian Private Equity Fund AD in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.52. Bulgarian Private Equity Fund AD's value of 4.78% is 26.7% below this benchmark. While the company's 10-year median is 0.88 vs. the industry median of 6.52, Bulgarian Private Equity Fund AD 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.52, based on 782 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. Bulgarian Private Equity Fund AD's current Return-on-Tangible-Equity of 4.78% is 26.7% 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 Bulgarian Private Equity Fund AD and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulgarian Private Equity Fund AD's current Return-on-Tangible-Equity is 4.78%, which is 443% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Private Equity Fund AD stock overvalued right now?
Based on GuruFocus' analysis, Bulgarian Private Equity Fund AD (XBUL:BPEF) is currently considered Significantly Undervalued. The stock's GF Value™ is €3.80, compared to a current price of €1.26 — trading 66.8% below its estimated fair value. The current Return-on-Tangible-Equity is 4.78%, which is 443% above median its 10-year median of 0.88 and 26.7% below the Capital Markets industry median of 6.52. Bulgarian Private Equity Fund AD's overall GF Score™ is 61/100 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 Bulgarian Private Equity Fund AD (XBUL:BPEF), the current Return-on-Tangible-Equity is 4.78% 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 Bulgarian Private Equity Fund AD (XBUL:BPEF) Overvalued in 2026?
Based on GuruFocus' analysis, Bulgarian Private Equity Fund AD stock appears to be undervalued.
The current stock price of €1.26 is trading 66.8% below its estimated GF Value™ of €3.80.
GuruFocus considers Bulgarian Private Equity Fund AD to be Significantly Undervalued.
Key valuation signals for XBUL:BPEF:
Return-on-Tangible-Equity: 4.78% (443% above median its 10-year median of 0.88)
GF Value™: €3.80 vs. price of €1.26 (66.8% below fair value)
Industry Position: 26.7% below the Capital Markets median (#406 of 782)
No single metric tells the full story. See the XBUL:BPEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bulgarian Private Equity Fund AD Business Description
Bulgarian Private Equity Fund AD Formerly Bulgarian Equity Investment Fund AD is engaged in the acquisition, management & sale of shares in Bulgarian & foreign companies. It also offers commercial mediation & representation, purchase, sale & exchange of real estate, renting & real estate management.
61GF Score
Get the complete analysis for XBUL:BPEF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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