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Coromandel InternationalNSE:COROMANDEL -0.76%89 Return-on-Tangible-Asset is 6.45% as of Jun. 2026, which is 40% below its 10-year median of 10.69. GuruFocus rates NSE:COROMANDEL with a GF Score™ of 89/100 and a GF Value™ of ₹3,400.32 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 260 Agriculture companies, Coromandel International ranks better than 78.85% 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. Coromandel International's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹15,233 Mil. Coromandel International's average total tangible assets for the quarter that ended in Jun. 2026 was ₹236,005 Mil. Therefore, Coromandel International's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 6.45%.
The historical rank and industry rank for Coromandel International's Return-on-Tangible-Asset or its related term are showing as below:
NSE:COROMANDEL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.38 Med: 10.69 Max: 15.81
Current: 8.44
During the past 13 years, Coromandel International's highest Return-on-Tangible-Asset was 15.81%. The lowest was 5.38%. And the median was 10.69%.
NSE:COROMANDEL's Return-on-Tangible-Asset is ranked better than 78.85% of 260
companies
in the Agriculture industry
Industry Median: 3.44
vs NSE:COROMANDEL: 8.44
Coromandel International (NSE:COROMANDEL) 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 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.
Coromandel International Return-on-Tangible-Asset Related Terms
Coromandel International Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Coromandel International'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.
Coromandel International Return-on-Tangible-Asset Chart
NSE:COROMANDEL vs CTVA, CF, MOS: Return-on-Tangible-Asset Comparison
For the Agricultural Inputs subindustry, Coromandel International'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.
Coromandel International Return-on-Tangible-Asset vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Coromandel International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Coromandel International'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.45% mean?
Coromandel International (NSE:COROMANDEL) has a Return-on-Tangible-Asset of 6.45% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Coromandel International and its competitors. This is 40% below median its historical median of 10.69. Over the past decade, Coromandel International's Return-on-Tangible-Asset has ranged from 5.38 to 15.81. According to the industry distribution chart, Coromandel International ranks #55 out of 260 companies in the Agriculture industry, placing it in the top 21.2%.
Is Coromandel International's Return-on-Tangible-Asset too high?
Coromandel International's current Return-on-Tangible-Asset of 6.45% is 40% below median its 10-year median of 10.69. Over the past 10 years, this metric has ranged from a low of 5.38 to a high of 15.81. The Agriculture industry median Return-on-Tangible-Asset is 3.44. Coromandel International's value of 6.45% is 87.5% above this industry median. Based on the distribution chart, Coromandel International ranks #55 out of 260 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Coromandel International has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Coromandel International's Return-on-Tangible-Asset compare to CTVA and CF?
According to the Agriculture industry distribution chart, Coromandel International ranks #55 out of 260 companies for Return-on-Tangible-Asset. This places Coromandel International in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.44. Coromandel International's value of 6.45% is 87.5% above this benchmark. Historically, Coromandel International's own Return-on-Tangible-Asset has ranged from 5.38 to 15.81 over the past decade. While the company's 10-year median is 10.69 vs. the industry median of 3.44, Coromandel International 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 3.44, 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. Coromandel International's current Return-on-Tangible-Asset of 6.45% is 87.5% 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 Coromandel International and its competitors. For the Agriculture industry, the median Return-on-Tangible-Asset is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coromandel International's current Return-on-Tangible-Asset is 6.45%, which is 40% below median its own 10-year median of 10.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coromandel International stock overvalued right now?
Based on GuruFocus' analysis, Coromandel International (NSE:COROMANDEL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3,400.32, compared to a current price of ₹1,913.70 — trading 43.7% below its estimated fair value. The current Return-on-Tangible-Asset is 6.45%, which is 40% below median its 10-year median of 10.69 and 87.5% above the Agriculture industry median of 3.44. Coromandel International's overall GF Score™ is 89/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Coromandel International (NSE:COROMANDEL), the current Return-on-Tangible-Asset is 6.45% as of Jun. 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 Coromandel International (NSE:COROMANDEL) Overvalued in 2026?
Based on GuruFocus' analysis, Coromandel International stock appears to be undervalued.
The current stock price of ₹1,913.70 is trading 43.7% below its estimated GF Value™ of ₹3,400.32.
GuruFocus considers Coromandel International to be Significantly Undervalued.
Key valuation signals for NSE:COROMANDEL:
Return-on-Tangible-Asset: 6.45% (40% below median its 10-year median of 10.69)
GF Value™: ₹3,400.32 vs. price of ₹1,913.70 (43.7% below fair value)
Industry Position: 87.5% above the Agriculture median (#55 of 260)
No single metric tells the full story. See the NSE:COROMANDEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coromandel International Ltd manufactures and sells fertilizers and crop protection chemicals to the agriculture industry. The firm's revenue is generated in India, but the company also derives revenue in Latin America and Africa. The company's main product lines consist of organic manure, specialty nutrients that include water-soluble fertilizers, and single super phosphate fertilizers. Coromandel's primary brands include Gromor Suraksha and Godavari fertilizers. The firm also owns and operates retail outlets known as Mana Grormor Centers. It categorizes the operating segments into Nutrient and other allied business, which derives maximum revenue, and Crop Protection. Geographically, the company generates a majority of its revenue from its operations in India.
89GF Score
Get the complete analysis for NSE:COROMANDEL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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