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CF Industries HoldingsMEX:CF 28 Return-on-Tangible-Asset is 21.63% as of Mar. 2026, which is 204% above its 10-year median of 7.12. GuruFocus rates MEX:CF with a GF Score™ of 28/100 and a GF Value™ of MXN2,064.48 (Fairly Valued). The stock has 1 warning sign investors should review. Among 259 Agriculture companies, CF Industries Holdings ranks better than 94.59% 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. CF Industries Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was MXN44,360 Mil. CF Industries Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was MXN205,134 Mil. Therefore, CF Industries Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 21.63%.
The historical rank and industry rank for CF Industries Holdings's Return-on-Tangible-Asset or its related term are showing as below:
MEX:CF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.43 Med: 7.12 Max: 31.2
Current: 15.96
During the past 13 years, CF Industries Holdings's highest Return-on-Tangible-Asset was 31.20%. The lowest was -2.43%. And the median was 7.12%.
MEX:CF's Return-on-Tangible-Asset is ranked better than 94.59% of 259
companies
in the Agriculture industry
Industry Median: 3.5
vs MEX:CF: 15.96
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.
CF Industries Holdings Return-on-Tangible-Asset Related Terms
CF Industries Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CF Industries Holdings'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.
MEX:CF vs MOS, SMG, FMC: Return-on-Tangible-Asset Comparison
For the Agricultural Inputs subindustry, CF Industries Holdings'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.
CF Industries Holdings Return-on-Tangible-Asset vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, CF Industries Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CF Industries Holdings'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 21.63% mean?
CF Industries Holdings (MEX:CF) has a Return-on-Tangible-Asset of 21.63% 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 CF Industries Holdings and its competitors. This is 204% above median its historical median of 7.12. According to the industry distribution chart, CF Industries Holdings ranks #14 out of 259 companies in the Agriculture industry, placing it in the top 5.4%.
Is CF Industries Holdings' Return-on-Tangible-Asset too high?
CF Industries Holdings' current Return-on-Tangible-Asset of 21.63% is 204% above median its 10-year median of 7.12. The Agriculture industry median Return-on-Tangible-Asset is 3.50. CF Industries Holdings' value of 21.63% is 518% above this industry median. Based on the distribution chart, CF Industries Holdings ranks #14 out of 259 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, CF Industries Holdings has a GF Score™ of 28/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CF Industries Holdings' Return-on-Tangible-Asset compare to MOS and SMG?
According to the Agriculture industry distribution chart, CF Industries Holdings ranks #14 out of 259 companies for Return-on-Tangible-Asset. This places CF Industries Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.50. CF Industries Holdings' value of 21.63% is 518% above this benchmark. While the company's 10-year median is 7.12 vs. the industry median of 3.50, CF Industries Holdings 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 an Agriculture company?
The median Return-on-Tangible-Asset among Agriculture companies is 3.50, based on 259 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. CF Industries Holdings's current Return-on-Tangible-Asset of 21.63% is 518% 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 CF Industries Holdings and its competitors. For the Agriculture industry, the median Return-on-Tangible-Asset is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CF Industries Holdings's current Return-on-Tangible-Asset is 21.63%, which is 204% above median its own 10-year median of 7.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CF Industries Holdings stock overvalued right now?
Based on GuruFocus' analysis, CF Industries Holdings (MEX:CF) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,064.48, compared to a current price of MXN2,013.90 — trading 2.5% below its estimated fair value. The current Return-on-Tangible-Asset is 21.63%, which is 204% above median its 10-year median of 7.12 and 518% above the Agriculture industry median of 3.50. CF Industries Holdings' overall GF Score™ is 28/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For CF Industries Holdings (MEX:CF), the current Return-on-Tangible-Asset is 21.63% 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 CF Industries Holdings (MEX:CF) Overvalued in 2026?
Based on GuruFocus' analysis, CF Industries Holdings stock appears to be undervalued.
The current stock price of MXN2,013.90 is trading 2.5% below its estimated GF Value™ of MXN2,064.48.
GuruFocus considers CF Industries Holdings to be Fairly Valued.
Key valuation signals for MEX:CF:
Return-on-Tangible-Asset: 21.63% (204% above median its 10-year median of 7.12)
GF Value™: MXN2,064.48 vs. price of MXN2,013.90 (2.5% below fair value)
Industry Position: 518% above the Agriculture median (#14 of 259)
No single metric tells the full story. See the MEX:CF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CF Industries is a leading producer and distributor of nitrogen, which is primarily used in fertilizers. The company operates nitrogen manufacturing plants primarily in North America. CF also produces nitrogen in the United Kingdom and holds a joint venture interest in a nitrogen production facility in Trinidad and Tobago. CF makes nitrogen primarily using low-cost US natural gas as its feedstock, making the company one of the lowest-cost nitrogen producers globally. It is also investing in carbon-free blue and green ammonia, which can be used as an alternative fuel to hydrogen or as a means to transport hydrogen.
28GF Score
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