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Australian Premium Solar (India)NSE:APS -2.42%18 Return-on-Tangible-Equity is 60.96% as of Mar. 2025, which is 137% above its 10-year median of 25.68. GuruFocus rates NSE:APS with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 984 Semiconductors companies, Australian Premium Solar (India) ranks better than 96.04% on this metric.
The historical rank and industry rank for Australian Premium Solar (India)'s Return-on-Tangible-Equity or its related term are showing as below:
NSE:APS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.21 Med: 25.68 Max: 60.96
Current: 60.96
During the past 5 years, Australian Premium Solar (India)'s highest Return-on-Tangible-Equity was 60.96%. The lowest was 21.21%. And the median was 25.68%.
NSE:APS's Return-on-Tangible-Equity is ranked better than 96.04% of 984
companies
in the Semiconductors industry
Industry Median: 5.24
vs NSE:APS: 60.96
Australian Premium Solar (India) (NSE:APS) 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.
Australian Premium Solar (India) Return-on-Tangible-Equity Related Terms
Australian Premium Solar (India) 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.
Australian Premium Solar (India) Return-on-Tangible-Equity Chart
Australian Premium Solar (India) Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
21.32
27.65
25.68
21.21
60.96
Australian Premium Solar (India) Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
21.32
27.65
25.68
21.21
60.96
NSE:APS vs FSLR, NXT, ENPH: Return-on-Tangible-Equity Comparison
For the Solar subindustry, Australian Premium Solar (India)'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.
Australian Premium Solar (India) Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Australian Premium Solar (India)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Australian Premium Solar (India)'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 one times the annual (Mar. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 60.96% mean?
Australian Premium Solar (India) (NSE:APS) has a Return-on-Tangible-Equity of 60.96% as of Mar. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Australian Premium Solar (India) and its competitors. This is 137% above median its historical median of 25.68. Over the past decade, Australian Premium Solar (India)'s Return-on-Tangible-Equity has ranged from 21.21 to 60.96. According to the industry distribution chart, Australian Premium Solar (India) ranks #39 out of 984 companies in the Semiconductors industry, placing it in the top 4%.
Is Australian Premium Solar (India)'s Return-on-Tangible-Equity too high?
Australian Premium Solar (India)'s current Return-on-Tangible-Equity of 60.96% is 137% above median its 10-year median of 25.68. Over the past 10 years, this metric has ranged from a low of 21.21 to a high of 60.96. The Semiconductors industry median Return-on-Tangible-Equity is 5.24. Australian Premium Solar (India)'s value of 60.96% is 1063.4% above this industry median. Based on the distribution chart, Australian Premium Solar (India) ranks #39 out of 984 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-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Australian Premium Solar (India) ranks #39 out of 984 companies for Return-on-Tangible-Equity. This places Australian Premium Solar (India) in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.24. Australian Premium Solar (India)'s value of 60.96% is 1063.4% above this benchmark. Historically, Australian Premium Solar (India)'s own Return-on-Tangible-Equity has ranged from 21.21 to 60.96 over the past decade. While the company's 10-year median is 25.68 vs. the industry median of 5.24, 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-Equity for a Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.24, based on 984 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. Australian Premium Solar (India)'s current Return-on-Tangible-Equity of 60.96% is 1063.4% 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 Australian Premium Solar (India) and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.24 — 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-Equity is 60.96%, which is 137% above median its own 10-year median of 25.68. 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-Equity of 60.96%. The current Return-on-Tangible-Equity is 60.96%, which is 137% above median its 10-year median of 25.68 and 1063.4% above the Semiconductors industry median of 5.24. 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Australian Premium Solar (India) (NSE:APS), the current Return-on-Tangible-Equity is 60.96% 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) Business Description
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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