Apollo Tyres Limited Stock Return On Asset

APOLLOTYRE   521.45  7.70  1.50%   
Apollo Tyres Limited fundamentals help investors to digest information that contributes to Apollo Tyres' financial success or failures. It also enables traders to predict the movement of Apollo Stock. The fundamental analysis module provides a way to measure Apollo Tyres' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Apollo Tyres stock.
  
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Apollo Tyres Limited Company Return On Asset Analysis

Apollo Tyres' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Apollo Tyres Return On Asset

    
  0.0684  
Most of Apollo Tyres' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Apollo Tyres Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Apollo Total Assets

Total Assets

135.2 Billion

At this time, Apollo Tyres' Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Apollo Tyres Limited has a Return On Asset of 0.0684. This is much higher than that of the Automobile Components sector and significantly higher than that of the Consumer Discretionary industry. The return on asset for all India stocks is notably lower than that of the firm.

Apollo Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Apollo Tyres' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Apollo Tyres could also be used in its relative valuation, which is a method of valuing Apollo Tyres by comparing valuation metrics of similar companies.
Apollo Tyres is currently under evaluation in return on asset category among its peers.

Apollo Fundamentals

About Apollo Tyres Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Apollo Tyres Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Apollo Tyres using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Apollo Tyres Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Apollo Stock Analysis

When running Apollo Tyres' price analysis, check to measure Apollo Tyres' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apollo Tyres is operating at the current time. Most of Apollo Tyres' value examination focuses on studying past and present price action to predict the probability of Apollo Tyres' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apollo Tyres' price. Additionally, you may evaluate how the addition of Apollo Tyres to your portfolios can decrease your overall portfolio volatility.