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Apollo Techno IndustriesBOM:544671 18 Return-on-Tangible-Equity is 26.77% as of Mar. 2026, which is 24% above its 10-year median of 21.63. GuruFocus rates BOM:544671 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 198 Farm & Heavy Construction Machinery companies, Apollo Techno Industries ranks better than 62.63% 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. Apollo Techno Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹136.7 Mil. Apollo Techno Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹510.6 Mil. Therefore, Apollo Techno Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 26.77%.
The historical rank and industry rank for Apollo Techno Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544671'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.64 Med: 21.63 Max: 75.02
Current: 13.39
During the past 5 years, Apollo Techno Industries's highest Return-on-Tangible-Equity was 75.02%. The lowest was 3.64%. And the median was 21.63%.
BOM:544671's Return-on-Tangible-Equity is ranked better than 62.63% of 198
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.31
vs BOM:544671: 13.39
Apollo Techno Industries (BOM:544671) 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.
Apollo Techno Industries Return-on-Tangible-Equity Related Terms
Apollo Techno Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Apollo Techno Industries'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.
Apollo Techno Industries Return-on-Tangible-Equity Chart
BOM:544671 vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Apollo Techno Industries'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.
Apollo Techno Industries Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Apollo Techno Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Apollo Techno Industries'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 two times the semi-annual (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 26.77% mean?
Apollo Techno Industries (BOM:544671) has a Return-on-Tangible-Equity of 26.77% 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 Apollo Techno Industries and its competitors. This is 24% above median its historical median of 21.63. Over the past decade, Apollo Techno Industries' Return-on-Tangible-Equity has ranged from 3.64 to 75.02. According to the industry distribution chart, Apollo Techno Industries ranks #74 out of 198 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 37.4%.
Is Apollo Techno Industries' Return-on-Tangible-Equity too high?
Apollo Techno Industries' current Return-on-Tangible-Equity of 26.77% is 24% above median its 10-year median of 21.63. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 75.02. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Equity is 9.31. Apollo Techno Industries' value of 26.77% is 187.5% above this industry median. Based on the distribution chart, Apollo Techno Industries ranks #74 out of 198 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Apollo Techno Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Apollo Techno Industries' Return-on-Tangible-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Apollo Techno Industries ranks #74 out of 198 companies for Return-on-Tangible-Equity. This puts Apollo Techno Industries in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.31. Apollo Techno Industries' value of 26.77% is 187.5% above this benchmark. Historically, Apollo Techno Industries' own Return-on-Tangible-Equity has ranged from 3.64 to 75.02 over the past decade. While the company's 10-year median is 21.63 vs. the industry median of 9.31, Apollo Techno Industries 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 a Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.31, based on 198 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. Apollo Techno Industries's current Return-on-Tangible-Equity of 26.77% is 187.5% 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 Apollo Techno Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Techno Industries's current Return-on-Tangible-Equity is 26.77%, which is 24% above median its own 10-year median of 21.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Techno Industries stock overvalued right now?
Apollo Techno Industries (BOM:544671) has a current Return-on-Tangible-Equity of 26.77%. The current Return-on-Tangible-Equity is 26.77%, which is 24% above median its 10-year median of 21.63 and 187.5% above the Farm & Heavy Construction Machinery industry median of 9.31. Apollo Techno Industries' overall GF Score™ is 18/100 with 3 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 Apollo Techno Industries (BOM:544671), the current Return-on-Tangible-Equity is 26.77% 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.
Apollo Techno Industries Ltd is a manufacturer specializing in trenchless technology and foundation equipment for the construction industry. The company's product portfolio includes Horizontal Directional Drilling (HDD) rigs, diaphragm drilling rigs, rotary drilling rigs, and spare parts. It also provides warranties, on-site support, and technical training for its equipment. The company is principally engaged in a single business segment, namely heavy machinery, and derives the majority of its revenue from the sale of horizontal directional drilling (HDD) equipment. It operates in India and outside India, with the majority of its revenue generated from within India.
18GF Score
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