BalchemBCPC -0.05%94 Return-on-Tangible-Asset is 22.50% as of Mar. 2026, which is 28% above its 10-year median of 17.52. GuruFocus rates BCPC with a GF Score™ of 94/100 and a GF Value™ of $177.35 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,613 Chemicals companies, Balchem ranks better than 98.76% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Balchem's annualizedNet Income for the quarter that ended in Mar. 2026 was $161 Mil. Balchem's average total tangible assets for the quarter that ended in Mar. 2026 was $716 Mil. Therefore, Balchem's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 22.50%.
The historical rank and industry rank for Balchem's Return-on-Tangible-Asset or its related term are showing as below:
BCPC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 15.5 Med: 17.52 Max: 23.84
Current: 22.86
During the past 13 years, Balchem's highest Return-on-Tangible-Asset was 23.84%. The lowest was 15.50%. And the median was 17.52%.
BCPC's Return-on-Tangible-Asset is ranked better than 98.76% of 1613
companies
in the Chemicals industry
Industry Median: 3.05
vs BCPC: 22.86
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Balchem Return-on-Tangible-Asset Related Terms
Balchem Return-on-Tangible-Asset Historical Data
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The historical data trend for Balchem's Return-on-Tangible-Asset 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.
BCPC vs PRM, SXT, CBT: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Balchem's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Balchem Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Balchem's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Balchem's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of 22.50% mean?
Balchem (BCPC) has a Return-on-Tangible-Asset of 22.50% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Balchem and its competitors. This is 28% above median its historical median of 17.52. Over the past decade, Balchem's Return-on-Tangible-Asset has ranged from 15.50 to 23.84. According to the industry distribution chart, Balchem ranks #20 out of 1613 companies in the Chemicals industry, placing it in the top 1.2%.
Is Balchem's Return-on-Tangible-Asset too high?
Balchem's current Return-on-Tangible-Asset of 22.50% is 28% above median its 10-year median of 17.52. Over the past 10 years, this metric has ranged from a low of 15.50 to a high of 23.84. The Chemicals industry median Return-on-Tangible-Asset is 3.05. Balchem's value of 22.50% is 637.7% above this industry median. Based on the distribution chart, Balchem ranks #20 out of 1613 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Balchem has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Balchem's Return-on-Tangible-Asset compare to PRM and SXT?
According to the Chemicals industry distribution chart, Balchem ranks #20 out of 1613 companies for Return-on-Tangible-Asset. This places Balchem in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.05. Balchem's value of 22.50% is 637.7% above this benchmark. Historically, Balchem's own Return-on-Tangible-Asset has ranged from 15.50 to 23.84 over the past decade. While the company's 10-year median is 17.52 vs. the industry median of 3.05, Balchem 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-Asset for a Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.05, based on 1,613 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Balchem's current Return-on-Tangible-Asset of 22.50% is 637.7% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Balchem and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balchem's current Return-on-Tangible-Asset is 22.50%, which is 28% above median its own 10-year median of 17.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balchem stock overvalued right now?
Based on GuruFocus' analysis, Balchem (BCPC) is currently considered Fairly Valued. The stock's GF Value™ is $177.35, compared to a current price of $168.90 — trading 4.8% below its estimated fair value. The current Return-on-Tangible-Asset is 22.50%, which is 28% above median its 10-year median of 17.52 and 637.7% above the Chemicals industry median of 3.05. Balchem's overall GF Score™ is 94/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Balchem (BCPC), the current Return-on-Tangible-Asset is 22.50% 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 Balchem (BCPC) Overvalued in 2026?
Based on GuruFocus' analysis, Balchem stock appears to be undervalued.
The current stock price of $168.90 is trading 4.8% below its estimated GF Value™ of $177.35.
GuruFocus considers Balchem to be Fairly Valued.
Key valuation signals for BCPC:
Return-on-Tangible-Asset: 22.50% (28% above median its 10-year median of 17.52)
GF Value™: $177.35 vs. price of $168.90 (4.8% below fair value)
Industry Position: 637.7% above the Chemicals median (#20 of 1613)
No single metric tells the full story. See the BCPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Balchem Corp is engaged in the development, manufacture, and marketing of specialty performance ingredients and products for various industries. The company's reportable segments are; Human Nutrition and Health, which generates maximum revenue, and provides human-grade choline nutrients and mineral amino acid chelated products through this segment for nutrition and health applications; Animal Nutrition and Health, which provides nutritional products derived from its microencapsulation and chelation technologies in addition to the essential nutrient choline chloride; and the Specialty Products segment includes re-packaging and distributing several performance gases and chemicals. Geographically, the company derives its key revenue from the United States and the rest from foreign countries.
94GF Score
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