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Apollo PipesNSE:APOLLOPIPE +0.05%82 Return-on-Tangible-Asset is 0.32% as of Mar. 2026, which is 95% below its 10-year median of 6.64. GuruFocus rates NSE:APOLLOPIPE with a GF Score™ of 82/100 and a GF Value™ of ₹530.06 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,783 Construction companies, Apollo Pipes ranks worse than 69.15% 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. Apollo Pipes's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹40 Mil. Apollo Pipes's average total tangible assets for the quarter that ended in Mar. 2026 was ₹12,546 Mil. Therefore, Apollo Pipes's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.32%.
The historical rank and industry rank for Apollo Pipes's Return-on-Tangible-Asset or its related term are showing as below:
NSE:APOLLOPIPE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.61 Med: 6.64 Max: 13.89
Current: 0.62
During the past 13 years, Apollo Pipes's highest Return-on-Tangible-Asset was 13.89%. The lowest was 0.61%. And the median was 6.64%.
NSE:APOLLOPIPE's Return-on-Tangible-Asset is ranked worse than 69.15% of 1783
companies
in the Construction industry
Industry Median: 3.05
vs NSE:APOLLOPIPE: 0.62
Apollo Pipes (NSE:APOLLOPIPE) 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.
Apollo Pipes Return-on-Tangible-Asset Related Terms
Apollo Pipes Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Apollo Pipes'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:APOLLOPIPE vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Apollo Pipes'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.
Apollo Pipes Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Apollo Pipes's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Apollo Pipes'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 0.32% mean?
Apollo Pipes (NSE:APOLLOPIPE) has a Return-on-Tangible-Asset of 0.32% 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 Apollo Pipes and its competitors. This is 95% below median its historical median of 6.64. Over the past decade, Apollo Pipes' Return-on-Tangible-Asset has ranged from 0.61 to 13.89. According to the industry distribution chart, Apollo Pipes ranks #1233 out of 1783 companies in the Construction industry, placing it in the top 69.2%.
Is Apollo Pipes' Return-on-Tangible-Asset too high?
Apollo Pipes' current Return-on-Tangible-Asset of 0.32% is 95% below median its 10-year median of 6.64. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 13.89. The Construction industry median Return-on-Tangible-Asset is 3.05. Apollo Pipes' value of 0.32% is 89.5% below this industry median. Based on the distribution chart, Apollo Pipes ranks #1233 out of 1783 companies in the Construction industry, which is below the industry midpoint. Overall, Apollo Pipes has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Apollo Pipes' Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Apollo Pipes ranks #1233 out of 1783 companies for Return-on-Tangible-Asset. This places Apollo Pipes in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. Apollo Pipes' value of 0.32% is 89.5% below this benchmark. Historically, Apollo Pipes' own Return-on-Tangible-Asset has ranged from 0.61 to 13.89 over the past decade. While the company's 10-year median is 6.64 vs. the industry median of 3.05, Apollo Pipes 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 a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,783 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. Apollo Pipes's current Return-on-Tangible-Asset of 0.32% is 89.5% 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 Apollo Pipes and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Pipes's current Return-on-Tangible-Asset is 0.32%, which is 95% below median its own 10-year median of 6.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Pipes stock overvalued right now?
Based on GuruFocus' analysis, Apollo Pipes (NSE:APOLLOPIPE) is currently considered Fairly Valued. The stock's GF Value™ is ₹530.06, compared to a current price of ₹493.60 — trading 6.9% below its estimated fair value. The current Return-on-Tangible-Asset is 0.32%, which is 95% below median its 10-year median of 6.64 and 89.5% below the Construction industry median of 3.05. Apollo Pipes' overall GF Score™ is 82/100 with 9 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 Apollo Pipes (NSE:APOLLOPIPE), the current Return-on-Tangible-Asset is 0.32% 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 Apollo Pipes (NSE:APOLLOPIPE) Overvalued in 2026?
Based on GuruFocus' analysis, Apollo Pipes stock appears to be undervalued.
The current stock price of ₹493.60 is trading 6.9% below its estimated GF Value™ of ₹530.06.
GuruFocus considers Apollo Pipes to be Fairly Valued.
Key valuation signals for NSE:APOLLOPIPE:
Return-on-Tangible-Asset: 0.32% (95% below median its 10-year median of 6.64)
GF Value™: ₹530.06 vs. price of ₹493.60 (6.9% below fair value)
Industry Position: 89.5% below the Construction median (#1233 of 1783)
No single metric tells the full story. See the NSE:APOLLOPIPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apollo Pipes Ltd is engaged in the business of manufacturing and trading a wide variety of PVC pipes and related products used for agriculture, building and construction, and industrial purposes. The product portfolio includes CPVC pipes and fittings, uPVC and fittings (Threaded and Non-Threaded), SWR pipes and fittings, Sewerage pipes, HDPE pipes and fittings, Sprinkler Systems, uPVC pressure pipes and fittings, uPVC column pipes, and Solvent cement, among others. The Key customer segments for the company include Agriculture, Water Management, Long Distance water conveyance, Construction, Oil and Gas, and Telecom Ducting.
82GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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