Apex Spinning & Knitting MillsDHA:APEXSPINN +2.34%64 ROA % is 1.49% as of Mar. 2026, which is 12% below its 10-year median of 1.69. GuruFocus rates DHA:APEXSPINN with a GF Score™ of 64/100 and a GF Value™ of BDT118.55 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Apex Spinning & Knitting Mills ranks worse than 53.98% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Apex Spinning & Knitting Mills's annualizedNet Income for the quarter that ended in Mar. 2026 was BDT29 Mil.
Apex Spinning & Knitting Mills's average Total Assets over the quarter that ended in Mar. 2026 was BDT1,949 Mil. Therefore, Apex Spinning & Knitting Mills's annualized ROA % for the quarter that ended in Mar. 2026 was 1.49%.
The historical rank and industry rank for Apex Spinning & Knitting Mills's ROA % or its related term are showing as below:
DHA:APEXSPINN'
s ROA % Range Over the Past 10 Years
Min: 0.93 Med: 1.69 Max: 2.87
Current: 1.38
During the past 13 years, Apex Spinning & Knitting Mills's highest ROA % was 2.87%. The lowest was 0.93%. And the median was 1.69%.
DHA:APEXSPINN's ROA % is ranked worse than 53.98% of 1067
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.88
vs DHA:APEXSPINN: 1.38
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Apex Spinning & Knitting Mills ROA % Related Terms
Apex Spinning & Knitting Mills ROA % 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.
For the Apparel Manufacturing subindustry, Apex Spinning & Knitting Mills's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Apex Spinning & Knitting Mills's ROA % distribution charts can be found below:
* The bar in red indicates where Apex Spinning & Knitting Mills's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
Apex Spinning & Knitting Mills (DHA:APEXSPINN) has a ROA % of 1.49% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Apex Spinning & Knitting Mills and its competitors. This is 12% below median its historical median of 1.69. Over the past decade, Apex Spinning & Knitting Mills' ROA % has ranged from 0.93 to 2.87. According to the industry distribution chart, Apex Spinning & Knitting Mills ranks #576 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54%.
Is Apex Spinning & Knitting Mills' ROA % too high?
Apex Spinning & Knitting Mills' current ROA % of 1.49% is 12% below median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 2.87. The Manufacturing - Apparel & Accessories industry median ROA % is 1.88. Apex Spinning & Knitting Mills' value of 1.49% is 20.7% below this industry median. Based on the distribution chart, Apex Spinning & Knitting Mills ranks #576 out of 1067 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' ROA % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Apex Spinning & Knitting Mills ranks #576 out of 1067 companies for ROA %. This places Apex Spinning & Knitting Mills in the lower half of its industry. The industry median ROA % is 1.88. Apex Spinning & Knitting Mills' value of 1.49% is 20.7% below this benchmark. Historically, Apex Spinning & Knitting Mills' own ROA % has ranged from 0.93 to 2.87 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.88, 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 ROA % for a Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 1.88, based on 1,067 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apex Spinning & Knitting Mills's current ROA % of 1.49% is 20.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Apex Spinning & Knitting Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Spinning & Knitting Mills's current ROA % is 1.49%, which is 12% below median its own 10-year median of 1.69. 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 BDT118.55, compared to a current price of BDT363.70 — trading 206.8% above its estimated fair value. The current ROA % is 1.49%, which is 12% below median its 10-year median of 1.69 and 20.7% below the Manufacturing - Apparel & Accessories industry median of 1.88. Apex Spinning & Knitting Mills' overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Apex Spinning & Knitting Mills (DHA:APEXSPINN), the current ROA % is 1.49% 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 BDT363.70 is trading 206.8% above its estimated GF Value™ of BDT118.55.
GuruFocus considers Apex Spinning & Knitting Mills to be Significantly Overvalued.
Key valuation signals for DHA:APEXSPINN:
ROA %: 1.49% (12% below median its 10-year median of 1.69)
GF Value™: BDT118.55 vs. price of BDT363.70 (206.8% above fair value)
Industry Position: 20.7% below the Manufacturing - Apparel & Accessories median (#576 of 1067)
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
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