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Australian Premium Solar (India)NSE:APS -1.57%18 Return-on-Tangible-Asset is 27.47% as of Mar. 2025, which is 207% above its 10-year median of 8.95. GuruFocus rates NSE:APS with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 1,028 Semiconductors companies, Australian Premium Solar (India) ranks better than 96.6% on this metric.
The historical rank and industry rank for Australian Premium Solar (India)'s Return-on-Tangible-Asset or its related term are showing as below:
NSE:APS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.15 Med: 8.95 Max: 27.47
Current: 27.47
During the past 5 years, Australian Premium Solar (India)'s highest Return-on-Tangible-Asset was 27.47%. The lowest was 5.15%. And the median was 8.95%.
NSE:APS's Return-on-Tangible-Asset is ranked better than 96.6% of 1028
companies
in the Semiconductors industry
Industry Median: 2.72
vs NSE:APS: 27.47
Australian Premium Solar (India) (NSE:APS) 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.
Australian Premium Solar (India) Return-on-Tangible-Asset Related Terms
Australian Premium Solar (India) Return-on-Tangible-Asset Historical Data
* 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.
Australian Premium Solar (India) Return-on-Tangible-Asset Chart
Australian Premium Solar (India) Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
5.15
7.77
8.95
10.29
27.47
Australian Premium Solar (India) Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
5.15
7.77
8.95
10.29
27.47
NSE:APS vs FSLR, NXT, ENPH: Return-on-Tangible-Asset Comparison
For the Solar subindustry, Australian Premium Solar (India)'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.
Australian Premium Solar (India) Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Australian Premium Solar (India)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Australian Premium Solar (India)'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 one times the annual (Mar. 2025) net income data.
What does a Return-on-Tangible-Asset of 27.47% mean?
Australian Premium Solar (India) (NSE:APS) has a Return-on-Tangible-Asset of 27.47% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Australian Premium Solar (India) and its competitors. This is 207% above median its historical median of 8.95. Over the past decade, Australian Premium Solar (India)'s Return-on-Tangible-Asset has ranged from 5.15 to 27.47. According to the industry distribution chart, Australian Premium Solar (India) ranks #35 out of 1028 companies in the Semiconductors industry, placing it in the top 3.4%.
Is Australian Premium Solar (India)'s Return-on-Tangible-Asset too high?
Australian Premium Solar (India)'s current Return-on-Tangible-Asset of 27.47% is 207% above median its 10-year median of 8.95. Over the past 10 years, this metric has ranged from a low of 5.15 to a high of 27.47. The Semiconductors industry median Return-on-Tangible-Asset is 2.72. Australian Premium Solar (India)'s value of 27.47% is 909.9% above this industry median. Based on the distribution chart, Australian Premium Solar (India) ranks #35 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Australian Premium Solar (India) has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Australian Premium Solar (India)'s Return-on-Tangible-Asset compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Australian Premium Solar (India) ranks #35 out of 1028 companies for Return-on-Tangible-Asset. This places Australian Premium Solar (India) in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.72. Australian Premium Solar (India)'s value of 27.47% is 909.9% above this benchmark. Historically, Australian Premium Solar (India)'s own Return-on-Tangible-Asset has ranged from 5.15 to 27.47 over the past decade. While the company's 10-year median is 8.95 vs. the industry median of 2.72, Australian Premium Solar (India) 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.72, based on 1,028 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. Australian Premium Solar (India)'s current Return-on-Tangible-Asset of 27.47% is 909.9% 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-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 Australian Premium Solar (India) and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Premium Solar (India)'s current Return-on-Tangible-Asset is 27.47%, which is 207% above median its own 10-year median of 8.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Premium Solar (India) stock overvalued right now?
Australian Premium Solar (India) (NSE:APS) has a current Return-on-Tangible-Asset of 27.47%. The current Return-on-Tangible-Asset is 27.47%, which is 207% above median its 10-year median of 8.95 and 909.9% above the Semiconductors industry median of 2.72. Australian Premium Solar (India)'s overall GF Score™ is 18/100 with 1 warning sign 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 Australian Premium Solar (India) (NSE:APS), the current Return-on-Tangible-Asset is 27.47% as of Mar. 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.
Australian Premium Solar (India) Ltd is engaged in the manufacturing of solar panels and EPC services for solar systems. It manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) N-Type TopCon. It also provides installation services for solar panels and solar pumps. The majority of the revenue is generated from the manufacturing of solar panels.
18GF Score
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