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Apex Spinning & Knitting MillsDHA:APEXSPINN -2.76%64 Return-on-Tangible-Equity is 4.13% as of Mar. 2026, which is 22% below its 10-year median of 5.31. GuruFocus rates DHA:APEXSPINN with a GF Score™ of 64/100 and a GF Value™ of BDT118.88 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,014 Manufacturing - Apparel & Accessories companies, Apex Spinning & Knitting Mills ranks worse than 51.68% 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. Apex Spinning & Knitting Mills's annualized net income for the quarter that ended in Mar. 2026 was BDT29 Mil. Apex Spinning & Knitting Mills's average shareholder tangible equity for the quarter that ended in Mar. 2026 was BDT705 Mil. Therefore, Apex Spinning & Knitting Mills's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.13%.
The historical rank and industry rank for Apex Spinning & Knitting Mills's Return-on-Tangible-Equity or its related term are showing as below:
DHA:APEXSPINN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.69 Med: 5.31 Max: 9.06
Current: 3.94
During the past 13 years, Apex Spinning & Knitting Mills's highest Return-on-Tangible-Equity was 9.06%. The lowest was 2.69%. And the median was 5.31%.
DHA:APEXSPINN's Return-on-Tangible-Equity is ranked worse than 51.68% of 1014
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs DHA:APEXSPINN: 3.94
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.
Apex Spinning & Knitting Mills Return-on-Tangible-Equity Related Terms
Apex Spinning & Knitting Mills Return-on-Tangible-Equity 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.
DHA:APEXSPINN vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, Apex Spinning & Knitting Mills'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.
Apex Spinning & Knitting Mills Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Apex Spinning & Knitting Mills's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Apex Spinning & Knitting Mills'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 four times the quarterly (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 4.13% mean?
Apex Spinning & Knitting Mills (DHA:APEXSPINN) has a Return-on-Tangible-Equity of 4.13% 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 Apex Spinning & Knitting Mills and its competitors. This is 22% below median its historical median of 5.31. Over the past decade, Apex Spinning & Knitting Mills' Return-on-Tangible-Equity has ranged from 2.69 to 9.06. According to the industry distribution chart, Apex Spinning & Knitting Mills ranks #524 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 51.7%.
Is Apex Spinning & Knitting Mills' Return-on-Tangible-Equity too high?
Apex Spinning & Knitting Mills' current Return-on-Tangible-Equity of 4.13% is 22% below median its 10-year median of 5.31. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 9.06. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Apex Spinning & Knitting Mills' value of 4.13% is 6.8% below this industry median. Based on the distribution chart, Apex Spinning & Knitting Mills ranks #524 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Apex Spinning & Knitting Mills has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Spinning & Knitting Mills' Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Apex Spinning & Knitting Mills ranks #524 out of 1014 companies for Return-on-Tangible-Equity. This places Apex Spinning & Knitting Mills in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Apex Spinning & Knitting Mills' value of 4.13% is 6.8% below this benchmark. Historically, Apex Spinning & Knitting Mills' own Return-on-Tangible-Equity has ranged from 2.69 to 9.06 over the past decade. While the company's 10-year median is 5.31 vs. the industry median of 4.43, Apex Spinning & Knitting Mills 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-Equity for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,014 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. Apex Spinning & Knitting Mills's current Return-on-Tangible-Equity of 4.13% is 6.8% 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-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 Apex Spinning & Knitting Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Spinning & Knitting Mills's current Return-on-Tangible-Equity is 4.13%, which is 22% below median its own 10-year median of 5.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Spinning & Knitting Mills stock overvalued right now?
Based on GuruFocus' analysis, Apex Spinning & Knitting Mills (DHA:APEXSPINN) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT118.88, compared to a current price of BDT398.00 — trading 234.8% above its estimated fair value. The current Return-on-Tangible-Equity is 4.13%, which is 22% below median its 10-year median of 5.31 and 6.8% below the Manufacturing - Apparel & Accessories industry median of 4.43. Apex Spinning & Knitting Mills' overall GF Score™ is 64/100 with 8 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 Apex Spinning & Knitting Mills (DHA:APEXSPINN), the current Return-on-Tangible-Equity is 4.13% 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 Spinning & Knitting Mills (DHA:APEXSPINN) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Spinning & Knitting Mills stock appears to be overvalued.
The current stock price of BDT398.00 is trading 234.8% above its estimated GF Value™ of BDT118.88.
GuruFocus considers Apex Spinning & Knitting Mills to be Significantly Overvalued.
Key valuation signals for DHA:APEXSPINN:
Return-on-Tangible-Equity: 4.13% (22% below median its 10-year median of 5.31)
GF Value™: BDT118.88 vs. price of BDT398.00 (234.8% above fair value)
Industry Position: 6.8% below the Manufacturing - Apparel & Accessories median (#524 of 1014)
No single metric tells the full story. See the DHA:APEXSPINN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Spinning & Knitting Mills Business Description
Apex Spinning & Knitting Mills Ltd is a Bangladesh-based company that operates as a manufacturer and exporter of all kinds of textiles and knitted garments. The company is an integrated knitting, dyeing and finishing and garment factory. The company specialises in infant, children's, and women's wear using fabrics produced in-house. ASKML is equipped to produce a wide range of solid dyed, yarn dyed, and all-over printed fabrics using a variety of designs provided by the customer.
64GF Score
Get the complete analysis for DHA:APEXSPINN
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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