ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. APL Apollo Tubes's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹14,174 Mil.
APL Apollo Tubes's average Total Assets over the quarter that ended in Mar. 2026 was ₹88,333 Mil. Therefore, APL Apollo Tubes's annualized ROA % for the quarter that ended in Mar. 2026 was 16.05%.
The historical rank and industry rank for APL Apollo Tubes's ROA % or its related term are showing as below:
NSE:APLAPOLLO'
s ROA % Range Over the Past 10 Years
Min: 5.98 Med: 10.53 Max: 15.77
Current: 14.59
During the past 13 years, APL Apollo Tubes's highest ROA % was 15.77%. The lowest was 5.98%. And the median was 10.53%.
NSE:APLAPOLLO's ROA % is ranked better than 96.21% of 634
companies
in the Steel industry
Industry Median: 1.9
vs NSE:APLAPOLLO: 14.59
APL Apollo Tubes (NSE:APLAPOLLO) 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 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.
APL Apollo Tubes ROA % Related Terms
APL Apollo Tubes ROA % Historical Data
* Premium members only.
The historical data trend for APL Apollo Tubes'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.
For the Steel subindustry, APL Apollo Tubes'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.
APL Apollo Tubes ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, APL Apollo Tubes's ROA % distribution charts can be found below:
* The bar in red indicates where APL Apollo Tubes'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.
APL Apollo Tubes (NSE:APLAPOLLO) has a ROA % of 16.05% 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 APL Apollo Tubes and its competitors. This is 52% above median its historical median of 10.53. Over the past decade, APL Apollo Tubes' ROA % has ranged from 5.98 to 15.77. According to the industry distribution chart, APL Apollo Tubes ranks #24 out of 634 companies in the Steel industry, placing it in the top 3.8%.
Is APL Apollo Tubes' ROA % too high?
APL Apollo Tubes' current ROA % of 16.05% is 52% above median its 10-year median of 10.53. Over the past 10 years, this metric has ranged from a low of 5.98 to a high of 15.77. The Steel industry median ROA % is 1.90. APL Apollo Tubes' value of 16.05% is 744.7% above this industry median. Based on the distribution chart, APL Apollo Tubes ranks #24 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, APL Apollo Tubes has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does APL Apollo Tubes' ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, APL Apollo Tubes ranks #24 out of 634 companies for ROA %. This places APL Apollo Tubes in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 1.90. APL Apollo Tubes' value of 16.05% is 744.7% above this benchmark. Historically, APL Apollo Tubes' own ROA % has ranged from 5.98 to 15.77 over the past decade. While the company's 10-year median is 10.53 vs. the industry median of 1.90, APL Apollo Tubes 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 Steel company?
The median ROA % among Steel companies is 1.90, based on 634 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. APL Apollo Tubes's current ROA % of 16.05% is 744.7% 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 APL Apollo Tubes and its competitors. For the Steel industry, the median ROA % is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APL Apollo Tubes's current ROA % is 16.05%, which is 52% above median its own 10-year median of 10.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APL Apollo Tubes stock overvalued right now?
Based on GuruFocus' analysis, APL Apollo Tubes (NSE:APLAPOLLO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,076.12, compared to a current price of ₹1,788.30 — trading 13.9% below its estimated fair value. The current ROA % is 16.05%, which is 52% above median its 10-year median of 10.53 and 744.7% above the Steel industry median of 1.90. APL Apollo Tubes' overall GF Score™ is 95/100 with 1 warning sign 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 APL Apollo Tubes (NSE:APLAPOLLO), the current ROA % is 16.05% 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 APL Apollo Tubes (NSE:APLAPOLLO) Overvalued in 2026?
Based on GuruFocus' analysis, APL Apollo Tubes stock appears to be undervalued.
The current stock price of ₹1,788.30 is trading 13.9% below its estimated GF Value™ of ₹2,076.12.
GuruFocus considers APL Apollo Tubes to be Modestly Undervalued.
Key valuation signals for NSE:APLAPOLLO:
ROA %: 16.05% (52% above median its 10-year median of 10.53)
GF Value™: ₹2,076.12 vs. price of ₹1,788.30 (13.9% below fair value)
Industry Position: 744.7% above the Steel median (#24 of 634)
No single metric tells the full story. See the NSE:APLAPOLLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APL Apollo Tubes Ltd is a manufacturer of steel pipes and tubes. Its multi-product offerings include Pre- Galvanized Tubes, Structural Steel Tubes, Galvanized Tubes, MS Black Pipes and Hollow Sections. It operates in a single segment, which is the business of production of ERW steel tubes. Geographically, it operates only in India.
95GF Score
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