Bolkan Property Instruments REIT-Sofia (XBUL:BPI) Return-on-Tangible-Equity: 20.94% (As of Mar. 2026) — 75% Above Median

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XBUL:BPI Bolkan Property Instruments REIT-Sofia XBUL:BPI
15 GF Score
Price €7.00
! 3 Warning Signs
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What is Bolkan Property Instruments REIT-Sofia Return-on-Tangible-Equity?

Bolkan Property Instruments REIT-Sofia XBUL:BPI 15 Return-on-Tangible-Equity is 20.94% as of Mar. 2026, which is 75% above its 10-year median of 12.00. GuruFocus rates XBUL:BPI with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 496 Insurance companies, Bolkan Property Instruments REIT-Sofia ranks worse than 59.48% 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. Bolkan Property Instruments REIT-Sofia's annualized net income for the quarter that ended in Mar. 2026 was €1.28 Mil. Bolkan Property Instruments REIT-Sofia's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €6.09 Mil. Therefore, Bolkan Property Instruments REIT-Sofia's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.94%.

The historical rank and industry rank for Bolkan Property Instruments REIT-Sofia's Return-on-Tangible-Equity or its related term are showing as below:

XBUL:BPI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.72   Med: 12   Max: 84.78
Current: 10.76

During the past 3 years, Bolkan Property Instruments REIT-Sofia's highest Return-on-Tangible-Equity was 84.78%. The lowest was 6.72%. And the median was 12.00%.

XBUL:BPI's Return-on-Tangible-Equity is ranked worse than
59.48% of 496 companies
in the Insurance industry
Industry Median: 13.43 vs XBUL:BPI: 10.76

Bolkan Property Instruments REIT-Sofia  (XBUL:BPI) 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.


Bolkan Property Instruments REIT-Sofia Return-on-Tangible-Equity Related Terms


Bolkan Property Instruments REIT-Sofia Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Bolkan Property Instruments REIT-Sofia'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.

Bolkan Property Instruments REIT-Sofia Return-on-Tangible-Equity Chart

Bolkan Property Instruments REIT-Sofia Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Equity
12.00 84.78 6.72

Bolkan Property Instruments REIT-Sofia Quarterly Data
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 61.11 7.53 -1.84 11.04 20.94

XBUL:BPI vs BRK.A, AIG, HIG: Return-on-Tangible-Equity Comparison

For the Insurance - Diversified subindustry, Bolkan Property Instruments REIT-Sofia'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.


Bolkan Property Instruments REIT-Sofia Return-on-Tangible-Equity vs Insurance Industry

For the Insurance industry and Financial Services sector, Bolkan Property Instruments REIT-Sofia's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bolkan Property Instruments REIT-Sofia's Return-on-Tangible-Equity falls into.


XBUL:BPI
15GF Score
Bolkan Property Instruments REIT-Sofia XBUL:BPI
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Bolkan Property Instruments REIT-Sofia Return-on-Tangible-Equity Calculation

Bolkan Property Instruments REIT-Sofia'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 )
=0.19/( (0.067+5.585 )/ 2 )
=0.19/2.826
=6.72 %

Bolkan Property Instruments REIT-Sofia'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 )
=1.276/( (5.585+6.6)/ 2 )
=1.276/6.0925
=20.94 %

* 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 20.94% mean?
Bolkan Property Instruments REIT-Sofia (XBUL:BPI) has a Return-on-Tangible-Equity of 20.94% 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 Bolkan Property Instruments REIT-Sofia and its competitors. This is 75% above median its historical median of 12.00. Over the past decade, Bolkan Property Instruments REIT-Sofia's Return-on-Tangible-Equity has ranged from 6.72 to 84.78. According to the industry distribution chart, Bolkan Property Instruments REIT-Sofia ranks #295 out of 496 companies in the Insurance industry, placing it in the top 59.5%.
Is Bolkan Property Instruments REIT-Sofia's Return-on-Tangible-Equity too high?
Bolkan Property Instruments REIT-Sofia's current Return-on-Tangible-Equity of 20.94% is 75% above median its 10-year median of 12.00. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 84.78. The Insurance industry median Return-on-Tangible-Equity is 13.43. Bolkan Property Instruments REIT-Sofia's value of 20.94% is 55.9% above this industry median. Based on the distribution chart, Bolkan Property Instruments REIT-Sofia ranks #295 out of 496 companies in the Insurance industry, which is below the industry midpoint. Overall, Bolkan Property Instruments REIT-Sofia has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Bolkan Property Instruments REIT-Sofia's Return-on-Tangible-Equity compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Bolkan Property Instruments REIT-Sofia ranks #295 out of 496 companies for Return-on-Tangible-Equity. This places Bolkan Property Instruments REIT-Sofia in the lower half of its industry. The industry median Return-on-Tangible-Equity is 13.43. Bolkan Property Instruments REIT-Sofia's value of 20.94% is 55.9% above this benchmark. Historically, Bolkan Property Instruments REIT-Sofia's own Return-on-Tangible-Equity has ranged from 6.72 to 84.78 over the past decade. While the company's 10-year median is 12.00 vs. the industry median of 13.43, Bolkan Property Instruments REIT-Sofia 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 an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.43, based on 496 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. Bolkan Property Instruments REIT-Sofia's current Return-on-Tangible-Equity of 20.94% is 55.9% 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 Bolkan Property Instruments REIT-Sofia and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bolkan Property Instruments REIT-Sofia's current Return-on-Tangible-Equity is 20.94%, which is 75% above median its own 10-year median of 12.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bolkan Property Instruments REIT-Sofia stock overvalued right now?
Bolkan Property Instruments REIT-Sofia (XBUL:BPI) has a current Return-on-Tangible-Equity of 20.94%. The current Return-on-Tangible-Equity is 20.94%, which is 75% above median its 10-year median of 12.00 and 55.9% above the Insurance industry median of 13.43. Bolkan Property Instruments REIT-Sofia's overall GF Score™ is 15/100 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 Bolkan Property Instruments REIT-Sofia (XBUL:BPI), the current Return-on-Tangible-Equity is 20.94% 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.

Bolkan Property Instruments REIT-Sofia Business Description

Address 21 Yakubitsa Street, 5th floor, Office 501, Lozenets District, Sofia, BGR, 1164
Bolkan Property Instruments REIT-Sofia is engaged in providing financial services and insurance business.
15GF Score

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

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