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Madras FertilizersNSE:MADRASFERT +0.33%69 Return-on-Tangible-Asset is 3.59% as of Mar. 2026, which is 1182% above its 10-year median of 0.28. GuruFocus rates NSE:MADRASFERT with a GF Score™ of 69/100 and a GF Value™ of ₹261.13 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 259 Agriculture companies, Madras Fertilizers ranks better than 50.58% 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. Madras Fertilizers's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹836 Mil. Madras Fertilizers's average total tangible assets for the quarter that ended in Mar. 2026 was ₹23,269 Mil. Therefore, Madras Fertilizers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.59%.
The historical rank and industry rank for Madras Fertilizers's Return-on-Tangible-Asset or its related term are showing as below:
NSE:MADRASFERT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.4 Med: 0.28 Max: 10.47
Current: 3.64
During the past 13 years, Madras Fertilizers's highest Return-on-Tangible-Asset was 10.47%. The lowest was -8.40%. And the median was 0.28%.
NSE:MADRASFERT's Return-on-Tangible-Asset is ranked better than 50.58% of 259
companies
in the Agriculture industry
Industry Median: 3.5
vs NSE:MADRASFERT: 3.64
Madras Fertilizers (NSE:MADRASFERT) 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.
Madras Fertilizers Return-on-Tangible-Asset Related Terms
Madras Fertilizers Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Madras 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.
NSE:MADRASFERT vs CTVA, CF, MOS: Return-on-Tangible-Asset Comparison
For the Agricultural Inputs subindustry, Madras 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.
Madras Fertilizers Return-on-Tangible-Asset vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Madras Fertilizers's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Madras Fertilizers'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 3.59% mean?
Madras Fertilizers (NSE:MADRASFERT) has a Return-on-Tangible-Asset of 3.59% 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 Madras Fertilizers and its competitors. This is 1182% above median its historical median of 0.28. According to the industry distribution chart, Madras Fertilizers ranks #128 out of 259 companies in the Agriculture industry, placing it in the top 49.4%.
Is Madras Fertilizers' Return-on-Tangible-Asset too high?
Madras Fertilizers' current Return-on-Tangible-Asset of 3.59% is 1182% above median its 10-year median of 0.28. The Agriculture industry median Return-on-Tangible-Asset is 3.50. Madras Fertilizers' value of 3.59% is 2.6% above this industry median. Based on the distribution chart, Madras Fertilizers ranks #128 out of 259 companies in the Agriculture industry, which is above the industry midpoint. Overall, Madras Fertilizers has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Madras Fertilizers' Return-on-Tangible-Asset compare to CTVA and CF?
According to the Agriculture industry distribution chart, Madras Fertilizers ranks #128 out of 259 companies for Return-on-Tangible-Asset. This puts Madras Fertilizers in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.50. Madras Fertilizers' value of 3.59% is 2.6% above this benchmark. While the company's 10-year median is 0.28 vs. the industry median of 3.50, Madras Fertilizers 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. Madras Fertilizers's current Return-on-Tangible-Asset of 3.59% is 2.6% 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 Madras Fertilizers 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. Madras Fertilizers's current Return-on-Tangible-Asset is 3.59%, which is 1182% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madras Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, Madras Fertilizers (NSE:MADRASFERT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹261.13, compared to a current price of ₹67.71 — trading 74.1% below its estimated fair value. The current Return-on-Tangible-Asset is 3.59%, which is 1182% above median its 10-year median of 0.28 and 2.6% above the Agriculture industry median of 3.50. Madras Fertilizers' overall GF Score™ is 69/100 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 Madras Fertilizers (NSE:MADRASFERT), the current Return-on-Tangible-Asset is 3.59% 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 Madras Fertilizers (NSE:MADRASFERT) Overvalued in 2026?
Based on GuruFocus' analysis, Madras Fertilizers stock appears to be undervalued.
The current stock price of ₹67.71 is trading 74.1% below its estimated GF Value™ of ₹261.13.
GuruFocus considers Madras Fertilizers to be Possible Value Trap.
Key valuation signals for NSE:MADRASFERT:
Return-on-Tangible-Asset: 3.59% (1182% above median its 10-year median of 0.28)
GF Value™: ₹261.13 vs. price of ₹67.71 (74.1% below fair value)
Industry Position: 2.6% above the Agriculture median (#128 of 259)
No single metric tells the full story. See the NSE:MADRASFERT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Madras Fertilizers Ltd is engaged in the manufacture of ammonia, urea, and complex fertilizers. It is also engaged in manufacturing bio-fertilizers and marketing fertilizers and agrochemicals under the brand name Vijay. The company operates through the manufacture and sale of fertilizers segment. It also provides biofertilizers, including Azospirillum for paddy, plantation crops, and other crops; Rhizobium for groundnuts and pulses; and Phosphor Bacteria and NP Bio for various crops.
69GF Score
Get the complete analysis for NSE:MADRASFERT
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