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APA GroupAPAJF +5.33%68 Return-on-Tangible-Asset is 1.11% as of Dec. 2025, which is 49% below its 10-year median of 2.19. GuruFocus rates APAJF with a GF Score™ of 68/100 and a GF Value™ of $6.06 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 510 Utilities - Regulated companies, APA Group ranks worse than 78.04% 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. APA Group's annualizedNet Income for the quarter that ended in Dec. 2025 was $108 Mil. APA Group's average total tangible assets for the quarter that ended in Dec. 2025 was $9,719 Mil. Therefore, APA Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 1.11%.
The historical rank and industry rank for APA Group's Return-on-Tangible-Asset or its related term are showing as below:
APAJF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.03 Med: 2.19 Max: 7.26
Current: 1.08
During the past 13 years, APA Group's highest Return-on-Tangible-Asset was 7.26%. The lowest was 0.03%. And the median was 2.19%.
APAJF's Return-on-Tangible-Asset is ranked worse than 78.04% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.305
vs APAJF: 1.08
APA Group (OTCPK:APAJF) 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.
APA Group Return-on-Tangible-Asset Related Terms
APA Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for APA Group'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.
APAJF vs ATO, NI, UGI: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Gas subindustry, APA Group'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.
APA Group Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, APA Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where APA Group'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 1.11% mean?
APA Group (APAJF) has a Return-on-Tangible-Asset of 1.11% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on APA Group and its competitors. This is 49% below median its historical median of 2.19. Over the past decade, APA Group's Return-on-Tangible-Asset has ranged from 0.03 to 7.26. According to the industry distribution chart, APA Group ranks #398 out of 510 companies in the Utilities - Regulated industry, placing it in the top 78%.
Is APA Group's Return-on-Tangible-Asset too high?
APA Group's current Return-on-Tangible-Asset of 1.11% is 49% below median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 7.26. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.31. APA Group's value of 1.11% is 66.4% below this industry median. Based on the distribution chart, APA Group ranks #398 out of 510 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, APA Group has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does APA Group's Return-on-Tangible-Asset compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, APA Group ranks #398 out of 510 companies for Return-on-Tangible-Asset. This places APA Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.31. APA Group's value of 1.11% is 66.4% below this benchmark. Historically, APA Group's own Return-on-Tangible-Asset has ranged from 0.03 to 7.26 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 3.31, APA Group 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-Asset for an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.31, based on 510 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. APA Group's current Return-on-Tangible-Asset of 1.11% is 66.4% 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-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 APA Group and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APA Group's current Return-on-Tangible-Asset is 1.11%, which is 49% below median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APA Group stock overvalued right now?
Based on GuruFocus' analysis, APA Group (APAJF) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.06, compared to a current price of $7.12 — trading 17.5% above its estimated fair value. The current Return-on-Tangible-Asset is 1.11%, which is 49% below median its 10-year median of 2.19 and 66.4% below the Utilities - Regulated industry median of 3.31. APA Group's overall GF Score™ is 68/100 with 12 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 APA Group (APAJF), the current Return-on-Tangible-Asset is 1.11% as of Dec. 2025. 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 APA Group (APAJF) Overvalued in 2026?
Based on GuruFocus' analysis, APA Group stock appears to be overvalued.
The current stock price of $7.12 is trading 17.5% above its estimated GF Value™ of $6.06.
GuruFocus considers APA Group to be Modestly Overvalued.
Key valuation signals for APAJF:
Return-on-Tangible-Asset: 1.11% (49% below median its 10-year median of 2.19)
GF Value™: $6.06 vs. price of $7.12 (17.5% above fair value)
Industry Position: 66.4% below the Utilities - Regulated median (#398 of 510)
No single metric tells the full story. See the APAJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APA Group is Australia's largest gas infrastructure company with an extensive portfolio of transmission pipelines, distribution networks, and storage facilities, and is increasingly investing in renewable energy generation, electricity transmission, and batteries. It is internally managed and has direct operational control over all assets. It owns minority stakes in a few smaller gas infrastructure companies and manages operations for most of these. The stapled securities comprise a unit in Australian Pipeline Trust and in APT Investment Trust.
68GF Score
Get the complete analysis for APAJF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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