Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CVR Partners LPUAN +0.64%59 Return-on-Tangible-Asset is 20.09% as of Mar. 2026, which is 1205% above its 10-year median of 1.54. GuruFocus rates UAN with a GF Score™ of 59/100 and a GF Value™ of $86.16 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 260 Agriculture companies, CVR Partners LP ranks better than 88.85% 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. CVR Partners LP's annualizedNet Income for the quarter that ended in Mar. 2026 was $199.7 Mil. CVR Partners LP's average total tangible assets for the quarter that ended in Mar. 2026 was $993.8 Mil. Therefore, CVR Partners LP's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 20.09%.
The historical rank and industry rank for CVR Partners LP's Return-on-Tangible-Asset or its related term are showing as below:
UAN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.22 Med: 1.54 Max: 25.75
Current: 12.06
During the past 13 years, CVR Partners LP's highest Return-on-Tangible-Asset was 25.75%. The lowest was -9.22%. And the median was 1.54%.
UAN's Return-on-Tangible-Asset is ranked better than 88.85% of 260
companies
in the Agriculture industry
Industry Median: 3.47
vs UAN: 12.06
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.
CVR Partners LP Return-on-Tangible-Asset Related Terms
CVR Partners LP Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CVR Partners LP'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.
UAN vs FMC, IPI, VRDR: Return-on-Tangible-Asset Comparison
For the Agricultural Inputs subindustry, CVR Partners LP'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.
CVR Partners LP Return-on-Tangible-Asset vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, CVR Partners LP's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CVR Partners LP'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 20.09% mean?
CVR Partners LP (UAN) has a Return-on-Tangible-Asset of 20.09% 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 CVR Partners LP and its competitors. This is 1205% above median its historical median of 1.54. According to the industry distribution chart, CVR Partners LP ranks #29 out of 260 companies in the Agriculture industry, placing it in the top 11.2%.
Is CVR Partners LP's Return-on-Tangible-Asset too high?
CVR Partners LP's current Return-on-Tangible-Asset of 20.09% is 1205% above median its 10-year median of 1.54. The Agriculture industry median Return-on-Tangible-Asset is 3.47. CVR Partners LP's value of 20.09% is 479% above this industry median. Based on the distribution chart, CVR Partners LP ranks #29 out of 260 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, CVR Partners LP has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CVR Partners LP's Return-on-Tangible-Asset compare to FMC and IPI?
According to the Agriculture industry distribution chart, CVR Partners LP ranks #29 out of 260 companies for Return-on-Tangible-Asset. This places CVR Partners LP in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.47. CVR Partners LP's value of 20.09% is 479% above this benchmark. While the company's 10-year median is 1.54 vs. the industry median of 3.47, CVR Partners LP 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 3.47, 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. CVR Partners LP's current Return-on-Tangible-Asset of 20.09% is 479% 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 CVR Partners LP 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. CVR Partners LP's current Return-on-Tangible-Asset is 20.09%, which is 1205% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVR Partners LP stock overvalued right now?
Based on GuruFocus' analysis, CVR Partners LP (UAN) is currently considered Significantly Overvalued. The stock's GF Value™ is $86.16, compared to a current price of $122.56 — trading 42.2% above its estimated fair value. The current Return-on-Tangible-Asset is 20.09%, which is 1205% above median its 10-year median of 1.54 and 479% above the Agriculture industry median of 3.47. CVR Partners LP's overall GF Score™ is 59/100 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 CVR Partners LP (UAN), the current Return-on-Tangible-Asset is 20.09% 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 CVR Partners LP (UAN) Overvalued in 2026?
Based on GuruFocus' analysis, CVR Partners LP stock appears to be overvalued.
The current stock price of $122.56 is trading 42.2% above its estimated GF Value™ of $86.16.
GuruFocus considers CVR Partners LP to be Significantly Overvalued.
Key valuation signals for UAN:
Return-on-Tangible-Asset: 20.09% (1205% above median its 10-year median of 1.54)
GF Value™: $86.16 vs. price of $122.56 (42.2% above fair value)
Industry Position: 479% above the Agriculture median (#29 of 260)
No single metric tells the full story. See the UAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CVR Partners LP is a manufacturer and supplier of nitrogen fertilizer products. Its principal products include Urea Ammonium Nitrate (UAN) and ammonia. The company market ammonia products to industrial and agricultural customers and UAN products to agricultural customers. The primary geographic markets for its fertilizer products are Kansas, Missouri, Nebraska, Iowa, Illinois, Colorado, and Texas. The company's product sales are heavily weighted toward UAN.
59GF Score
Get the complete analysis for UAN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
UAN has been successfully added to your 
