CF Industries HoldingsMEX:CF 76 Return-on-Tangible-Equity is 115.79% as of Mar. 2026, which is 82% above its 10-year median of 63.69. GuruFocus rates MEX:CF with a GF Score™ of 76/100 and a GF Value™ of MXN2,238.44. The stock has 1 warning sign investors should review. Among 249 Agriculture companies, CF Industries Holdings ranks better than 97.59% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. CF Industries Holdings's annualized net income for the quarter that ended in Mar. 2026 was MXN44,360 Mil. CF Industries Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN38,312 Mil. Therefore, CF Industries Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 115.79%.
The historical rank and industry rank for CF Industries Holdings's Return-on-Tangible-Equity or its related term are showing as below:
MEX:CF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.43 Med: 63.69 Max: 166.59
Current: 88.79
During the past 13 years, CF Industries Holdings's highest Return-on-Tangible-Equity was 166.59%. The lowest was -23.43%. And the median was 63.69%.
MEX:CF's Return-on-Tangible-Equity is ranked better than 97.59% of 249
companies
in the Agriculture industry
Industry Median: 7.84
vs MEX:CF: 88.79
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
CF Industries Holdings Return-on-Tangible-Equity Related Terms
CF Industries Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CF Industries Holdings's Return-on-Tangible-Equity 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.
MEX:CF vs MOS, SMG, FMC: Return-on-Tangible-Equity Comparison
For the Agricultural Inputs subindustry, CF Industries Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
CF Industries Holdings Return-on-Tangible-Equity vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, CF Industries Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CF Industries Holdings's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 115.79% mean?
CF Industries Holdings (MEX:CF) has a Return-on-Tangible-Equity of 115.79% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CF Industries Holdings and its competitors. This is 82% above median its historical median of 63.69. According to the industry distribution chart, CF Industries Holdings ranks #6 out of 249 companies in the Agriculture industry, placing it in the top 2.4%.
Is CF Industries Holdings' Return-on-Tangible-Equity too high?
CF Industries Holdings' current Return-on-Tangible-Equity of 115.79% is 82% above median its 10-year median of 63.69. The Agriculture industry median Return-on-Tangible-Equity is 7.84. CF Industries Holdings' value of 115.79% is 1376.9% above this industry median. Based on the distribution chart, CF Industries Holdings ranks #6 out of 249 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, CF Industries Holdings has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does CF Industries Holdings' Return-on-Tangible-Equity compare to MOS and SMG?
According to the Agriculture industry distribution chart, CF Industries Holdings ranks #6 out of 249 companies for Return-on-Tangible-Equity. This places CF Industries Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.84. CF Industries Holdings' value of 115.79% is 1376.9% above this benchmark. While the company's 10-year median is 63.69 vs. the industry median of 7.84, CF Industries Holdings 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-Equity for an Agriculture company?
The median Return-on-Tangible-Equity among Agriculture companies is 7.84, based on 249 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CF Industries Holdings's current Return-on-Tangible-Equity of 115.79% is 1376.9% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CF Industries Holdings and its competitors. For the Agriculture industry, the median Return-on-Tangible-Equity is 7.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CF Industries Holdings's current Return-on-Tangible-Equity is 115.79%, which is 82% above median its own 10-year median of 63.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CF Industries Holdings stock overvalued right now?
CF Industries Holdings (MEX:CF) has a current Return-on-Tangible-Equity of 115.79%. The stock's GF Value™ is MXN2,238.44, compared to a current price of MXN2,110.00 — trading 5.7% below its estimated fair value. The current Return-on-Tangible-Equity is 115.79%, which is 82% above median its 10-year median of 63.69 and 1376.9% above the Agriculture industry median of 7.84. CF Industries Holdings' overall GF Score™ is 76/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For CF Industries Holdings (MEX:CF), the current Return-on-Tangible-Equity is 115.79% 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 CF Industries Holdings (MEX:CF) Overvalued in 2026?
Based on GuruFocus' analysis, CF Industries Holdings stock appears to be undervalued.
The current stock price of MXN2,110.00 is trading 5.7% below its estimated GF Value™ of MXN2,238.44.
Key valuation signals for MEX:CF:
Return-on-Tangible-Equity: 115.79% (82% above median its 10-year median of 63.69)
GF Value™: MXN2,238.44 vs. price of MXN2,110.00 (5.7% below fair value)
Industry Position: 1376.9% above the Agriculture median (#6 of 249)
No single metric tells the full story. See the MEX:CF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CF Industries is a leading producer and distributor of nitrogen, which is primarily used in fertilizers. The company operates nitrogen manufacturing plants primarily in North America. CF also produces nitrogen in the United Kingdom and holds a joint venture interest in a nitrogen production facility in Trinidad and Tobago. CF makes nitrogen primarily using low-cost US natural gas as its feedstock, making the company one of the lowest-cost nitrogen producers globally. It is also investing in carbon-free blue and green ammonia, which can be used as an alternative fuel to hydrogen or as a means to transport hydrogen.
76GF Score
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