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Apex Frozen FoodsNSE:APEX -0.25%66 Return-on-Tangible-Asset is 5.26% as of Mar. 2026, which is 21% below its 10-year median of 6.67. GuruFocus rates NSE:APEX with a GF Score™ of 66/100 and a GF Value™ of ₹258.39 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,995 Consumer Packaged Goods companies, Apex Frozen Foods ranks better than 66.02% 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. Apex Frozen Foods's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹311 Mil. Apex Frozen Foods's average total tangible assets for the quarter that ended in Mar. 2026 was ₹5,926 Mil. Therefore, Apex Frozen Foods's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.26%.
The historical rank and industry rank for Apex Frozen Foods's Return-on-Tangible-Asset or its related term are showing as below:
NSE:APEX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.62 Med: 6.67 Max: 22.35
Current: 6.35
During the past 13 years, Apex Frozen Foods's highest Return-on-Tangible-Asset was 22.35%. The lowest was 0.62%. And the median was 6.67%.
NSE:APEX's Return-on-Tangible-Asset is ranked better than 66.02% of 1995
companies
in the Consumer Packaged Goods industry
Industry Median: 3.39
vs NSE:APEX: 6.35
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.
Apex Frozen Foods Return-on-Tangible-Asset Related Terms
Apex Frozen Foods Return-on-Tangible-Asset Historical Data
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The historical data trend for Apex Frozen Foods'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.
NSE:APEX vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, Apex Frozen Foods'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.
Apex Frozen Foods Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Apex Frozen Foods's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Apex Frozen Foods'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 5.26% mean?
Apex Frozen Foods (NSE:APEX) has a Return-on-Tangible-Asset of 5.26% 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 Apex Frozen Foods and its competitors. This is 21% below median its historical median of 6.67. Over the past decade, Apex Frozen Foods' Return-on-Tangible-Asset has ranged from 0.62 to 22.35. According to the industry distribution chart, Apex Frozen Foods ranks #678 out of 1995 companies in the Consumer Packaged Goods industry, placing it in the top 34%.
Is Apex Frozen Foods' Return-on-Tangible-Asset too high?
Apex Frozen Foods' current Return-on-Tangible-Asset of 5.26% is 21% below median its 10-year median of 6.67. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 22.35. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.39. Apex Frozen Foods' value of 5.26% is 55.2% above this industry median. Based on the distribution chart, Apex Frozen Foods ranks #678 out of 1995 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Apex Frozen Foods has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Frozen Foods' Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Apex Frozen Foods ranks #678 out of 1995 companies for Return-on-Tangible-Asset. This puts Apex Frozen Foods in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.39. Apex Frozen Foods' value of 5.26% is 55.2% above this benchmark. Historically, Apex Frozen Foods' own Return-on-Tangible-Asset has ranged from 0.62 to 22.35 over the past decade. While the company's 10-year median is 6.67 vs. the industry median of 3.39, Apex Frozen Foods 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 a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.39, based on 1,995 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. Apex Frozen Foods's current Return-on-Tangible-Asset of 5.26% is 55.2% 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 Apex Frozen Foods and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Frozen Foods's current Return-on-Tangible-Asset is 5.26%, which is 21% below median its own 10-year median of 6.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Frozen Foods stock overvalued right now?
Based on GuruFocus' analysis, Apex Frozen Foods (NSE:APEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹258.39, compared to a current price of ₹407.05 — trading 57.5% above its estimated fair value. The current Return-on-Tangible-Asset is 5.26%, which is 21% below median its 10-year median of 6.67 and 55.2% above the Consumer Packaged Goods industry median of 3.39. Apex Frozen Foods' overall GF Score™ is 66/100 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 Apex Frozen Foods (NSE:APEX), the current Return-on-Tangible-Asset is 5.26% 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 Apex Frozen Foods (NSE:APEX) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Frozen Foods stock appears to be overvalued.
The current stock price of ₹407.05 is trading 57.5% above its estimated GF Value™ of ₹258.39.
GuruFocus considers Apex Frozen Foods to be Significantly Overvalued.
Key valuation signals for NSE:APEX:
Return-on-Tangible-Asset: 5.26% (21% below median its 10-year median of 6.67)
GF Value™: ₹258.39 vs. price of ₹407.05 (57.5% above fair value)
Industry Position: 55.2% above the Consumer Packaged Goods median (#678 of 1995)
No single metric tells the full story. See the NSE:APEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Frozen Foods Ltd is a producer and exporter of shelf-stable quality aquaculture products. The company supplies ready-to-cook products to food companies, retail chains, restaurants, club stores, and distributors spread across the developed markets of the USA and various European countries. It produces two kinds of shrimps, namely the Whiteleg Shrimp (Litopenaeus Vannamei) and the Black Tiger Shrimp (Penaeus Monodon), which are sold under the brands owned by the company and its customers, namely Bay Fresh, Bay Harvest, and Bay Premium.
66GF Score
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