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.
ICL GroupXTAE:ICL -0.70%77 Return-on-Tangible-Equity is 9.97% as of Mar. 2026, which is 30% below its 10-year median of 14.33. GuruFocus rates XTAE:ICL with a GF Score™ of 77/100 and a GF Value™ of ₪18.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 249 Agriculture companies, ICL Group ranks worse than 60.64% 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. ICL Group's annualized net income for the quarter that ended in Mar. 2026 was ₪1,540 Mil. ICL Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₪15,446 Mil. Therefore, ICL Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.97%.
The historical rank and industry rank for ICL Group's Return-on-Tangible-Equity or its related term are showing as below:
XTAE:ICL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.5 Med: 14.33 Max: 52.2
Current: 5.16
During the past 13 years, ICL Group's highest Return-on-Tangible-Equity was 52.20%. The lowest was -6.50%. And the median was 14.33%.
XTAE:ICL's Return-on-Tangible-Equity is ranked worse than 60.64% of 249
companies
in the Agriculture industry
Industry Median: 7.18
vs XTAE:ICL: 5.16
ICL Group (XTAE:ICL) 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.
ICL Group Return-on-Tangible-Equity Related Terms
ICL Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ICL Group'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.
XTAE:ICL vs CTVA, CF, MOS: Return-on-Tangible-Equity Comparison
For the Agricultural Inputs subindustry, ICL Group'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.
ICL Group Return-on-Tangible-Equity vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, ICL Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ICL Group'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 9.97% mean?
ICL Group (XTAE:ICL) has a Return-on-Tangible-Equity of 9.97% 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 ICL Group and its competitors. This is 30% below median its historical median of 14.33. According to the industry distribution chart, ICL Group ranks #151 out of 249 companies in the Agriculture industry, placing it in the top 60.6%.
Is ICL Group's Return-on-Tangible-Equity too high?
ICL Group's current Return-on-Tangible-Equity of 9.97% is 30% below median its 10-year median of 14.33. The Agriculture industry median Return-on-Tangible-Equity is 7.18. ICL Group's value of 9.97% is 38.9% above this industry median. Based on the distribution chart, ICL Group ranks #151 out of 249 companies in the Agriculture industry, which is below the industry midpoint. Overall, ICL Group has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ICL Group's Return-on-Tangible-Equity compare to CTVA and CF?
According to the Agriculture industry distribution chart, ICL Group ranks #151 out of 249 companies for Return-on-Tangible-Equity. This places ICL Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.18. ICL Group's value of 9.97% is 38.9% above this benchmark. While the company's 10-year median is 14.33 vs. the industry median of 7.18, ICL Group 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 7.18, 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. ICL Group's current Return-on-Tangible-Equity of 9.97% is 38.9% 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 ICL Group and its competitors. For the Agriculture industry, the median Return-on-Tangible-Equity is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICL Group's current Return-on-Tangible-Equity is 9.97%, which is 30% below median its own 10-year median of 14.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICL Group stock overvalued right now?
Based on GuruFocus' analysis, ICL Group (XTAE:ICL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪18.28, compared to a current price of ₪15.65 — trading 14.4% below its estimated fair value. The current Return-on-Tangible-Equity is 9.97%, which is 30% below median its 10-year median of 14.33 and 38.9% above the Agriculture industry median of 7.18. ICL Group's overall GF Score™ is 77/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For ICL Group (XTAE:ICL), the current Return-on-Tangible-Equity is 9.97% 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 ICL Group (XTAE:ICL) Overvalued in 2026?
Based on GuruFocus' analysis, ICL Group stock appears to be undervalued.
The current stock price of ₪15.65 is trading 14.4% below its estimated GF Value™ of ₪18.28.
GuruFocus considers ICL Group to be Modestly Undervalued.
Key valuation signals for XTAE:ICL:
Return-on-Tangible-Equity: 9.97% (30% below median its 10-year median of 14.33)
GF Value™: ₪18.28 vs. price of ₪15.65 (14.4% below fair value)
Industry Position: 38.9% above the Agriculture median (#151 of 249)
No single metric tells the full story. See the XTAE:ICL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICL Group Ltd is a manufacturer of products based on minerals. The firm is comprised of four segments: phosphate solutions, potash, industrial products, and growing solutions. These segments all contribute to the company's development of agriculture, food, and engineered material products and services. Maximum revenue is generated from its phosphate solutions segment which uses phosphate commodity products, such as phosphate rock and fertilizer-grade phosphoric acid (green phosphoric acid), to produce specialty products. This segment also produces and markets phosphate-based fertilizers. Geographically, the company generates revenue from Brazil, the United States of America, China, United Kingdom, Germany, Spain, Israel, France, India, Netherlands, and other countries.
77GF Score
Get the complete analysis for XTAE:ICL
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XTAE:ICL has been successfully added to your 
