Alpex Solar (NSE:ALPEXSOLAR) ROA %: 15.39% (As of Mar. 2026) — 56% Above Median


NSE:ALPEXSOLAR Alpex Solar Ltd NSE:ALPEXSOLAR
47 GF Score
Price ₹886.85
! 2 Warning Signs
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What is Alpex Solar ROA %?

Alpex Solar NSE:ALPEXSOLAR -1.04% 47 ROA % is 15.39% as of Mar. 2026, which is 56% above its 10-year median of 9.84. GuruFocus rates NSE:ALPEXSOLAR with a GF Score™ of 47/100. The stock has 2 warning signs investors should review. Among 1,026 Semiconductors companies, Alpex Solar ranks better than 95.81% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Alpex Solar's annualized Net Income for the quarter that ended in Mar. 2026 was ₹2,130 Mil. Alpex Solar's average Total Assets over the quarter that ended in Mar. 2026 was ₹13,840 Mil. Therefore, Alpex Solar's annualized ROA % for the quarter that ended in Mar. 2026 was 15.39%.

The historical rank and industry rank for Alpex Solar's ROA % or its related term are showing as below:

NSE:ALPEXSOLAR' s ROA % Range Over the Past 10 Years
Min: 0.19   Med: 9.84   Max: 23.74
Current: 21.75

During the past 6 years, Alpex Solar's highest ROA % was 23.74%. The lowest was 0.19%. And the median was 9.84%.

NSE:ALPEXSOLAR's ROA % is ranked better than
95.81% of 1026 companies
in the Semiconductors industry
Industry Median: 2.45 vs NSE:ALPEXSOLAR: 21.75

Alpex Solar  (NSE:ALPEXSOLAR) ROA % Explanation

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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2130.316/13840.354
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2130.316 / 26878.2)*(26878.2 / 13840.354)
=Net Margin %*Asset Turnover
=7.93 %*1.942
=15.39 %

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.


Alpex Solar ROA % Related Terms


Alpex Solar ROA % Historical Data

* Premium members only.

The historical data trend for Alpex Solar's ROA % 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.

Alpex Solar ROA % Chart

Alpex Solar Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial 0.19 3.31 16.37 23.74 21.69

Alpex Solar Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.97 35.72 22.52 23.20 15.39

NSE:ALPEXSOLAR vs FSLR, NXT, ENPH: ROA % Comparison

For the Solar subindustry, Alpex Solar'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.


Alpex Solar ROA % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Alpex Solar's ROA % distribution charts can be found below:

* The bar in red indicates where Alpex Solar's ROA % falls into.


NSE:ALPEXSOLAR
47GF Score
Alpex Solar Ltd NSE:ALPEXSOLAR
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Alpex Solar ROA % Calculation

Alpex Solar's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=2014.727/( (4736.113+13840.354)/ 2 )
=2014.727/9288.2335
=21.69 %

Alpex Solar's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2130.316/( (0+13840.354)/ 1 )
=2130.316/13840.354
=15.39 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 15.39% mean?
Alpex Solar (NSE:ALPEXSOLAR) has a ROA % of 15.39% 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 Alpex Solar and its competitors. This is 56% above median its historical median of 9.84. Over the past decade, Alpex Solar's ROA % has ranged from 0.19 to 23.74. According to the industry distribution chart, Alpex Solar ranks #43 out of 1026 companies in the Semiconductors industry, placing it in the top 4.2%.
Is Alpex Solar's ROA % too high?
Alpex Solar's current ROA % of 15.39% is 56% above median its 10-year median of 9.84. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 23.74. The Semiconductors industry median ROA % is 2.45. Alpex Solar's value of 15.39% is 528.2% above this industry median. Based on the distribution chart, Alpex Solar ranks #43 out of 1026 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Alpex Solar has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Alpex Solar's ROA % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Alpex Solar ranks #43 out of 1026 companies for ROA %. This places Alpex Solar in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 2.45. Alpex Solar's value of 15.39% is 528.2% above this benchmark. Historically, Alpex Solar's own ROA % has ranged from 0.19 to 23.74 over the past decade. While the company's 10-year median is 9.84 vs. the industry median of 2.45, Alpex Solar 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 ROA % for a Semiconductors company?
The median ROA % among Semiconductors companies is 2.45, based on 1,026 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. Alpex Solar's current ROA % of 15.39% is 528.2% 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 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 Alpex Solar and its competitors. For the Semiconductors industry, the median ROA % is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpex Solar's current ROA % is 15.39%, which is 56% above median its own 10-year median of 9.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpex Solar stock overvalued right now?
Alpex Solar (NSE:ALPEXSOLAR) has a current ROA % of 15.39%. The current ROA % is 15.39%, which is 56% above median its 10-year median of 9.84 and 528.2% above the Semiconductors industry median of 2.45. Alpex Solar's overall GF Score™ is 47/100 with 2 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 Alpex Solar (NSE:ALPEXSOLAR), the current ROA % is 15.39% 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.

Alpex Solar Business Description

Address Plot No. I-25-26, Site 5, Surajpur Industrial Area, Gautam Buddha Nagar, Kasna, Greater Noida, UP, IND, 201306
Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. The company portfolio of solar energy products consists of bifacial, mono PERC, Halfcut solar PV modules, and also provides integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories. Geographically, the company generates the majority of its revenue from India.
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