Anya Polytech & Fertilizers (NSE:ANYA) Return-on-Tangible-Asset: 9.35% (As of Mar. 2024)

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NSE:ANYA Anya Polytech & Fertilizers Ltd NSE:ANYA
20 GF Score
Price ₹15.40
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What is Anya Polytech & Fertilizers Return-on-Tangible-Asset?

Anya Polytech & Fertilizers NSE:ANYA -0.65% 20 Return-on-Tangible-Asset is 9.35% as of Mar. 2024. GuruFocus rates NSE:ANYA with a GF Score™ of 20/100.

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. Anya Polytech & Fertilizers's annualized Net Income for the quarter that ended in Mar. 2024 was ₹96 Mil. Anya Polytech & Fertilizers's average total tangible assets for the quarter that ended in Mar. 2024 was ₹1,024 Mil. Therefore, Anya Polytech & Fertilizers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was 9.35%.

The historical rank and industry rank for Anya Polytech & Fertilizers's Return-on-Tangible-Asset or its related term are showing as below:

NSE:ANYA's Return-on-Tangible-Asset is not ranked *
in the Agriculture industry.
Industry Median: 3.47
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Anya Polytech & Fertilizers  (NSE:ANYA) Return-on-Tangible-Asset Explanation

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 company’s 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 company’s 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.


Anya Polytech & Fertilizers Return-on-Tangible-Asset Related Terms


Anya Polytech & Fertilizers Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Anya Polytech & Fertilizers'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.

Anya Polytech & Fertilizers Return-on-Tangible-Asset Chart

Anya Polytech & Fertilizers Annual Data
Trend Mar22 Mar23 Mar24
Return-on-Tangible-Asset
1.15 6.04 9.35

Anya Polytech & Fertilizers Semi-Annual Data
Mar22 Mar23 Mar24
Return-on-Tangible-Asset 1.15 6.04 9.35

NSE:ANYA vs CTVA, CF: Return-on-Tangible-Asset Comparison

For the Agricultural Inputs subindustry, Anya Polytech & Fertilizers'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.


Anya Polytech & Fertilizers Return-on-Tangible-Asset vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Anya Polytech & Fertilizers's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Anya Polytech & Fertilizers's Return-on-Tangible-Asset falls into.


NSE:ANYA
20GF Score
Anya Polytech & Fertilizers Ltd NSE:ANYA
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Anya Polytech & Fertilizers Return-on-Tangible-Asset Calculation

Anya Polytech & Fertilizers's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=95.755/( (950.266+1098.315)/ 2 )
=95.755/1024.2905
=9.35 %

Anya Polytech & Fertilizers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=95.755/( (950.266+1098.315)/ 2 )
=95.755/1024.2905
=9.35 %

* 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 one times the annual (Mar. 2024) net income data.

What does a Return-on-Tangible-Asset of 9.35% mean?
Anya Polytech & Fertilizers (NSE:ANYA) has a Return-on-Tangible-Asset of 9.35% as of Mar. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Anya Polytech & Fertilizers and its competitors.
Is Anya Polytech & Fertilizers' Return-on-Tangible-Asset too high?
Anya Polytech & Fertilizers' current Return-on-Tangible-Asset is 9.35%. The Agriculture industry median Return-on-Tangible-Asset is 3.47. Anya Polytech & Fertilizers' value of 9.35% is 169.5% above this industry median. Overall, Anya Polytech & Fertilizers has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Anya Polytech & Fertilizers' Return-on-Tangible-Asset compare to CTVA and CF?
Anya Polytech & Fertilizers' Return-on-Tangible-Asset of 9.35% can be compared against companies in the Agriculture industry. The industry median Return-on-Tangible-Asset is 3.47. Anya Polytech & Fertilizers' value of 9.35% is 169.5% above this benchmark. 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 3.47, based on 260 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. Anya Polytech & Fertilizers's current Return-on-Tangible-Asset of 9.35% is 169.5% 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 Anya Polytech & Fertilizers and its competitors. For the Agriculture industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anya Polytech & Fertilizers's current Return-on-Tangible-Asset is 9.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anya Polytech & Fertilizers stock overvalued right now?
Anya Polytech & Fertilizers (NSE:ANYA) has a current Return-on-Tangible-Asset of 9.35%. The current Return-on-Tangible-Asset is 9.35% and 169.5% above the Agriculture industry median of 3.47. Anya Polytech & Fertilizers' overall GF Score™ is 20/100. 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 Anya Polytech & Fertilizers (NSE:ANYA), the current Return-on-Tangible-Asset is 9.35% as of Mar. 2024. 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.

Anya Polytech & Fertilizers Business Description

Address B-243, Sector-26, Noida, UP, IND, 201301
Anya Polytech & Fertilizers Ltd is engaged in the manufacturing and marketing of fertilizers, agrochemicals, micronutrients, organic fertilizers and allied products, along with a polymer packaging business that produces HDPE bags, PP and BOPP bags, cattle feed bags and PP or HDPE laminated and unlaminated rolls. The company offers chemical fertilizers, bio-based formulations, crop nutrition kits and micronutrients such as Zinc EDTA. Its operations are organized into two segments, the fertilizer division and the polymer division, and the majority of revenue comes from the fertilizer division. The company serves agricultural markets across India through a wide distribution network and farmer outreach programs and has also begun supplying fertilizers to neighbouring countries.
20GF Score

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