Apollo Tyres (BOM:500877) ROCE %: 4.75% (As of Mar. 2026)

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BOM:500877 Apollo Tyres Ltd BOM:500877
84 GF Score
Price ₹419.45
GF Value ₹539.17
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Apollo Tyres ROCE %?

Apollo Tyres BOM:500877 -1.06% 84 ROCE % is 4.75% as of Mar. 2026. GuruFocus rates BOM:500877 with a GF Score™ of 84/100 and a GF Value™ of ₹539.17 (Modestly Undervalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Apollo Tyres's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.75%.

Apollo Tyres  (BOM:500877) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Apollo Tyres ROCE % Related Terms

Apollo Tyres ROCE % Historical Data

* Premium members only.

The historical data trend for Apollo Tyres's ROCE % 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.

Apollo Tyres ROCE % Chart

Apollo Tyres Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.65 10.13 15.46 9.93 8.26

Apollo Tyres Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.41 2.79 9.43 15.94 4.75
BOM:500877
84GF Score
Apollo Tyres Ltd BOM:500877
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Apollo Tyres ROCE % Calculation

Apollo Tyres's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=16973.26/( ( (273060.2 - 73603.05) + (292397.17 - 80837.52) )/ 2 )
=16973.26/( (199457.15+211559.65)/ 2 )
=16973.26/205508.4
=8.26 %

Apollo Tyres's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=10057/( ( (0 - 0) + (292397.17 - 80837.52) )/ 1 )
=10057/( ( 0 + 211559.65 )/ 1 )
=10057/211559.65
=4.75 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 4.75% mean?
Apollo Tyres (BOM:500877) has a ROCE % of 4.75% as of Mar. 2026.
Is Apollo Tyres' ROCE % too high?
Apollo Tyres' current ROCE % is 4.75%. The Vehicles & Parts industry median ROCE % is 7.99. Apollo Tyres' value of 4.75% is 40.6% below this industry median. Overall, Apollo Tyres has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apollo Tyres' ROCE % compare to ORLY and AZO?
Apollo Tyres' ROCE % of 4.75% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.99. Apollo Tyres' value of 4.75% is 40.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.99, based on 1,315 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apollo Tyres's current ROCE % of 4.75% is 40.6% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median ROCE % is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Tyres's current ROCE % is 4.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Tyres stock overvalued right now?
Based on GuruFocus' analysis, Apollo Tyres (BOM:500877) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹539.17, compared to a current price of ₹419.45 — trading 22.2% below its estimated fair value. The current ROCE % is 4.75% and 40.6% below the Vehicles & Parts industry median of 7.99. Apollo Tyres' overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Apollo Tyres (BOM:500877), the current ROCE % is 4.75% 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 Apollo Tyres (BOM:500877) Overvalued in 2026?

Based on GuruFocus' analysis, Apollo Tyres stock appears to be undervalued. The current stock price of ₹419.45 is trading 22.2% below its estimated GF Value™ of ₹539.17. GuruFocus considers Apollo Tyres to be Modestly Undervalued.

Key valuation signals for BOM:500877:

  • ROCE %: 4.75%
  • GF Value™: ₹539.17 vs. price of ₹419.45 (22.2% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 40.6% below the Vehicles & Parts median

No single metric tells the full story. See the BOM:500877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Apollo Tyres Business Description

Other Exchanges APOLLOTYRE:India
Address 7 Institutional Area, Apollo House, Sector 32, Gurugram, HR, IND, 122001
Apollo Tyres Ltd manufactures and sells tires. The company's geographical segments are the Asia Pacific, the Middle East, Africa (APMEA), Europe, and Others. The firm's two key brands are Apollo and Vredestein. The product portfolio comprises tires for Passenger, Commercial, Off-highway vehicles, and Two-wheelers.
84GF Score

Get the complete analysis for BOM:500877

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹419.45
Price
₹539.17
GF Value