Gujarat State Fertilizers & Chemicals (NSE:GSFC) Return-on-Tangible-Asset: 1.45% (As of Mar. 2026) — 69% Below Median

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NSE:GSFC Gujarat State Fertilizers & Chemicals Ltd NSE:GSFC
74 GF Score
Price ₹159.15
GF Value ₹225.31
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Gujarat State Fertilizers & Chemicals Return-on-Tangible-Asset?

Gujarat State Fertilizers & Chemicals NSE:GSFC -0.66% 74 Return-on-Tangible-Asset is 1.45% as of Mar. 2026, which is 69% below its 10-year median of 4.72. GuruFocus rates NSE:GSFC with a GF Score™ of 74/100 and a GF Value™ of ₹225.31 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 259 Agriculture companies, Gujarat State Fertilizers & Chemicals ranks better than 59.85% 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. Gujarat State Fertilizers & Chemicals's annualized Net Income for the quarter that ended in Mar. 2026 was ₹2,084 Mil. Gujarat State Fertilizers & Chemicals's average total tangible assets for the quarter that ended in Mar. 2026 was ₹143,853 Mil. Therefore, Gujarat State Fertilizers & Chemicals's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.45%.

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

NSE:GSFC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.06   Med: 4.72   Max: 9.03
Current: 4.64

During the past 13 years, Gujarat State Fertilizers & Chemicals's highest Return-on-Tangible-Asset was 9.03%. The lowest was 1.06%. And the median was 4.72%.

NSE:GSFC's Return-on-Tangible-Asset is ranked better than
59.85% of 259 companies
in the Agriculture industry
Industry Median: 3.5 vs NSE:GSFC: 4.64

Gujarat State Fertilizers & Chemicals  (NSE:GSFC) 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.


Gujarat State Fertilizers & Chemicals Return-on-Tangible-Asset Related Terms


Gujarat State Fertilizers & Chemicals Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Gujarat State Fertilizers & Chemicals'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.

Gujarat State Fertilizers & Chemicals Return-on-Tangible-Asset Chart

Gujarat State Fertilizers & Chemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.11 9.03 3.90 4.02 4.68

Gujarat State Fertilizers & Chemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 3.86 8.78 4.28 1.45

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

For the Agricultural Inputs subindustry, Gujarat State Fertilizers & Chemicals'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.


Gujarat State Fertilizers & Chemicals Return-on-Tangible-Asset vs Agriculture Industry

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

* The bar in red indicates where Gujarat State Fertilizers & Chemicals's Return-on-Tangible-Asset falls into.


NSE:GSFC
74GF Score
Gujarat State Fertilizers & Chemicals Ltd NSE:GSFC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Gujarat State Fertilizers & Chemicals Return-on-Tangible-Asset Calculation

Gujarat State Fertilizers & Chemicals's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=6727.8/( (143646.16+143853.1)/ 2 )
=6727.8/143749.63
=4.68 %

Gujarat State Fertilizers & Chemicals's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2084/( (0+143853.1)/ 1 )
=2084/143853.1
=1.45 %

* 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 1.45% mean?
Gujarat State Fertilizers & Chemicals (NSE:GSFC) has a Return-on-Tangible-Asset of 1.45% 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 Gujarat State Fertilizers & Chemicals and its competitors. This is 69% below median its historical median of 4.72. Over the past decade, Gujarat State Fertilizers & Chemicals' Return-on-Tangible-Asset has ranged from 1.06 to 9.03. According to the industry distribution chart, Gujarat State Fertilizers & Chemicals ranks #104 out of 259 companies in the Agriculture industry, placing it in the top 40.2%.
Is Gujarat State Fertilizers & Chemicals' Return-on-Tangible-Asset too high?
Gujarat State Fertilizers & Chemicals' current Return-on-Tangible-Asset of 1.45% is 69% below median its 10-year median of 4.72. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 9.03. The Agriculture industry median Return-on-Tangible-Asset is 3.50. Gujarat State Fertilizers & Chemicals' value of 1.45% is 58.6% below this industry median. Based on the distribution chart, Gujarat State Fertilizers & Chemicals ranks #104 out of 259 companies in the Agriculture industry, which is above the industry midpoint. Overall, Gujarat State Fertilizers & Chemicals has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat State Fertilizers & Chemicals' Return-on-Tangible-Asset compare to CTVA and CF?
According to the Agriculture industry distribution chart, Gujarat State Fertilizers & Chemicals ranks #104 out of 259 companies for Return-on-Tangible-Asset. This puts Gujarat State Fertilizers & Chemicals in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.50. Gujarat State Fertilizers & Chemicals' value of 1.45% is 58.6% below this benchmark. Historically, Gujarat State Fertilizers & Chemicals' own Return-on-Tangible-Asset has ranged from 1.06 to 9.03 over the past decade. While the company's 10-year median is 4.72 vs. the industry median of 3.50, Gujarat State Fertilizers & Chemicals has consistently been below 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. Gujarat State Fertilizers & Chemicals's current Return-on-Tangible-Asset of 1.45% is 58.6% below 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 Gujarat State Fertilizers & Chemicals 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. Gujarat State Fertilizers & Chemicals's current Return-on-Tangible-Asset is 1.45%, which is 69% below median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat State Fertilizers & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Gujarat State Fertilizers & Chemicals (NSE:GSFC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹225.31, compared to a current price of ₹159.15 — trading 29.4% below its estimated fair value. The current Return-on-Tangible-Asset is 1.45%, which is 69% below median its 10-year median of 4.72 and 58.6% below the Agriculture industry median of 3.50. Gujarat State Fertilizers & Chemicals' overall GF Score™ is 74/100 with 4 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 Gujarat State Fertilizers & Chemicals (NSE:GSFC), the current Return-on-Tangible-Asset is 1.45% 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 Gujarat State Fertilizers & Chemicals (NSE:GSFC) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat State Fertilizers & Chemicals stock appears to be undervalued. The current stock price of ₹159.15 is trading 29.4% below its estimated GF Value™ of ₹225.31. GuruFocus considers Gujarat State Fertilizers & Chemicals to be Modestly Undervalued.

Key valuation signals for NSE:GSFC:

  • Return-on-Tangible-Asset: 1.45% (69% below median its 10-year median of 4.72)
  • GF Value™: ₹225.31 vs. price of ₹159.15 (29.4% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 58.6% below the Agriculture median (#104 of 259)

No single metric tells the full story. See the NSE:GSFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gujarat State Fertilizers & Chemicals Business Description

Other Exchanges 500690:India
Address P.O. Fertilizernagar, District Vadodara, Vadodara, GJ, IND, 391750
Gujarat State Fertilizers & Chemicals Ltd is a manufacturer of fertilizers and chemicals. It is structured into two operating business segments: Fertilizer Products and Industrial Products. The company operates mainly in the Indian market and there are no reportable geographical segments. It derives the majority of its revenue from the Fertilizer products segment. The products and services covered under its Fertilizer segment include Urea, Ammonium Sulphate, Di-ammonium Phosphate, Ammonium Phosphate Sulphate, and traded fertilizer products. The Industrial Products consist of Caprolactam, Nylon-6, Nylon Filament Yarn, Nylon Chips, Melamine, Methanol, and Polymer products.
74GF Score

Get the complete analysis for NSE:GSFC

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

₹159.15
Price
₹225.31
GF Value