Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) Return-on-Tangible-Equity: 4.27% (As of Mar. 2026) — 29% Below Median


WAR:ZAP Grupa Azoty Zaklady Azotowe Pulawy SA WAR:ZAP
65 GF Score
Price zł48.40
GF Value zł48.05
Valuation Fairly Valued
! 3 Warning Signs
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What is Grupa Azoty Zaklady Azotowe Pulawy Return-on-Tangible-Equity?

Grupa Azoty Zaklady Azotowe Pulawy WAR:ZAP +1.04% 65 Return-on-Tangible-Equity is 4.27% as of Mar. 2026, which is 29% below its 10-year median of 6.00. GuruFocus rates WAR:ZAP with a GF Score™ of 65/100 and a GF Value™ of zł48.05 (Fairly Valued). The stock has 3 warning signs investors should review. Among 248 Agriculture companies, Grupa Azoty Zaklady Azotowe Pulawy ranks worse than 83.87% 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. Grupa Azoty Zaklady Azotowe Pulawy's annualized net income for the quarter that ended in Mar. 2026 was zł109 Mil. Grupa Azoty Zaklady Azotowe Pulawy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł2,561 Mil. Therefore, Grupa Azoty Zaklady Azotowe Pulawy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.27%.

The historical rank and industry rank for Grupa Azoty Zaklady Azotowe Pulawy's Return-on-Tangible-Equity or its related term are showing as below:

WAR:ZAP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.42   Med: 6   Max: 9.2
Current: -9.1

During the past 13 years, Grupa Azoty Zaklady Azotowe Pulawy's highest Return-on-Tangible-Equity was 9.20%. The lowest was -17.42%. And the median was 6.00%.

WAR:ZAP's Return-on-Tangible-Equity is ranked worse than
83.87% of 248 companies
in the Agriculture industry
Industry Median: 7.89 vs WAR:ZAP: -9.10

Grupa Azoty Zaklady Azotowe Pulawy  (WAR:ZAP) Return-on-Tangible-Equity Explanation

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.


Grupa Azoty Zaklady Azotowe Pulawy Return-on-Tangible-Equity Related Terms


Grupa Azoty Zaklady Azotowe Pulawy Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Grupa Azoty Zaklady Azotowe Pulawy'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.

Grupa Azoty Zaklady Azotowe Pulawy Return-on-Tangible-Equity Chart

Grupa Azoty Zaklady Azotowe Pulawy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.78 7.66 -17.42 -11.89 -13.11

Grupa Azoty Zaklady Azotowe Pulawy 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-Equity 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 -12.27 -17.51 -2.76 -19.94 4.27

WAR:ZAP vs CTVA, CF, MOS: Return-on-Tangible-Equity Comparison

For the Agricultural Inputs subindustry, Grupa Azoty Zaklady Azotowe Pulawy'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.


Grupa Azoty Zaklady Azotowe Pulawy Return-on-Tangible-Equity vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Grupa Azoty Zaklady Azotowe Pulawy's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Grupa Azoty Zaklady Azotowe Pulawy's Return-on-Tangible-Equity falls into.


WAR:ZAP
65GF Score
Grupa Azoty Zaklady Azotowe Pulawy SA WAR:ZAP
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupa Azoty Zaklady Azotowe Pulawy Return-on-Tangible-Equity Calculation

Grupa Azoty Zaklady Azotowe Pulawy's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-358.043/( (2915.168+2548.055 )/ 2 )
=-358.043/2731.6115
=-13.11 %

Grupa Azoty Zaklady Azotowe Pulawy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=109.248/( (2548.055+2574.039)/ 2 )
=109.248/2561.047
=4.27 %

* 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 4.27% mean?
Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) has a Return-on-Tangible-Equity of 4.27% 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 Grupa Azoty Zaklady Azotowe Pulawy and its competitors. This is 29% below median its historical median of 6.00. According to the industry distribution chart, Grupa Azoty Zaklady Azotowe Pulawy ranks #208 out of 248 companies in the Agriculture industry, placing it in the top 83.9%.
Is Grupa Azoty Zaklady Azotowe Pulawy's Return-on-Tangible-Equity too high?
Grupa Azoty Zaklady Azotowe Pulawy's current Return-on-Tangible-Equity of 4.27% is 29% below median its 10-year median of 6.00. The Agriculture industry median Return-on-Tangible-Equity is 7.89. Grupa Azoty Zaklady Azotowe Pulawy's value of 4.27% is 45.9% below this industry median. Based on the distribution chart, Grupa Azoty Zaklady Azotowe Pulawy ranks #208 out of 248 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Grupa Azoty Zaklady Azotowe Pulawy has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupa Azoty Zaklady Azotowe Pulawy's Return-on-Tangible-Equity compare to CTVA and CF?
According to the Agriculture industry distribution chart, Grupa Azoty Zaklady Azotowe Pulawy ranks #208 out of 248 companies for Return-on-Tangible-Equity. This places Grupa Azoty Zaklady Azotowe Pulawy in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.89. Grupa Azoty Zaklady Azotowe Pulawy's value of 4.27% is 45.9% below this benchmark. While the company's 10-year median is 6.00 vs. the industry median of 7.89, Grupa Azoty Zaklady Azotowe Pulawy 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-Equity for an Agriculture company?
The median Return-on-Tangible-Equity among Agriculture companies is 7.89, based on 248 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. Grupa Azoty Zaklady Azotowe Pulawy's current Return-on-Tangible-Equity of 4.27% is 45.9% 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-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 Grupa Azoty Zaklady Azotowe Pulawy and its competitors. For the Agriculture industry, the median Return-on-Tangible-Equity is 7.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupa Azoty Zaklady Azotowe Pulawy's current Return-on-Tangible-Equity is 4.27%, which is 29% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupa Azoty Zaklady Azotowe Pulawy stock overvalued right now?
Based on GuruFocus' analysis, Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) is currently considered Fairly Valued. The stock's GF Value™ is zł48.05, compared to a current price of zł48.40 — trading 0.7% above its estimated fair value. The current Return-on-Tangible-Equity is 4.27%, which is 29% below median its 10-year median of 6.00 and 45.9% below the Agriculture industry median of 7.89. Grupa Azoty Zaklady Azotowe Pulawy's overall GF Score™ is 65/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP), the current Return-on-Tangible-Equity is 4.27% 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 Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) Overvalued in 2026?

Based on GuruFocus' analysis, Grupa Azoty Zaklady Azotowe Pulawy stock appears to be overvalued. The current stock price of zł48.40 is trading 0.7% above its estimated GF Value™ of zł48.05. GuruFocus considers Grupa Azoty Zaklady Azotowe Pulawy to be Fairly Valued.

Key valuation signals for WAR:ZAP:

  • Return-on-Tangible-Equity: 4.27% (29% below median its 10-year median of 6.00)
  • GF Value™: zł48.05 vs. price of zł48.40 (0.7% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 45.9% below the Agriculture median (#208 of 248)

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


Grupa Azoty Zaklady Azotowe Pulawy Business Description

Address Al. Tysiaclecia Panstwa Polskiego 13, Pulawy, POL, 24-110
Grupa Azoty Zaklady Azotowe Pulawy SA is a manufacturer and supplier of mineral fertilizers, basic chemicals and also involved in the procurement of raw materials and consumables. The company's segment includes Agro; Plastics; Energy and Other Activities. It generates maximum revenue from the Agro segment. The Agro Segment comprises the manufacturing of ammonia and products derived from the processing of ammonia, in particular urea and its solutions, including urea-ammonium nitrate solution, melamine, nitric acid, ammonium nitrate, technical gases, hydrogen peroxide, as well as phosphorus, potassium and blended fertilizers.
65GF Score

Get the complete analysis for WAR:ZAP

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

zł48.40
Price
zł48.05
GF Value