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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sangal Papers's Revenue for the
three
months ended in Mar. 2026 was ₹367 Mil. Sangal Papers's Total Assets for the quarter that ended in Mar. 2026 was ₹991 Mil. Therefore, Sangal Papers's Asset Turnover for the quarter that ended in Mar. 2026 was 0.37.
Asset Turnover is linked to ROE % through Du Pont Formula. Sangal Papers's annualizedROE % for the quarter that ended in Mar. 2026 was 7.84%. It is also linked to ROA % through Du Pont Formula. Sangal Papers's annualizedROA % for the quarter that ended in Mar. 2026 was 3.70%.
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.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Sangal Papers's annulizedROA % for the quarter that ended in Mar. 2026 is
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
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Sangal Papers Asset Turnover Related Terms
Sangal Papers Asset Turnover Historical Data
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The historical data trend for Sangal Papers's Asset Turnover 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 Paper & Paper Products subindustry, Sangal Papers's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.
Sangal Papers Asset Turnover vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Sangal Papers's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Sangal Papers's Asset Turnover 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.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Sangal Papers (BOM:516096) has a Asset Turnover of 0.37 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sangal Papers and its competitors.
Is Sangal Papers' Asset Turnover too high?
Sangal Papers' current Asset Turnover is 0.37. Overall, Sangal Papers has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sangal Papers' Asset Turnover compare to competitors?
Sangal Papers' Asset Turnover of 0.37 can be compared against companies in the Forest Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Forest Products company?
A good Asset Turnover depends on the Forest Products industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sangal Papers and its competitors. Sangal Papers's current Asset Turnover is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sangal Papers stock overvalued right now?
Based on GuruFocus' analysis, Sangal Papers (BOM:516096) is currently considered Fairly Valued. The stock's GF Value™ is ₹181.83, compared to a current price of ₹164.85 — trading 9.3% below its estimated fair value. The current Asset Turnover is 0.37. Sangal Papers' overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Sangal Papers (BOM:516096), the current Asset Turnover is 0.37 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 Sangal Papers (BOM:516096) Overvalued in 2026?
Based on GuruFocus' analysis, Sangal Papers stock appears to be undervalued.
The current stock price of ₹164.85 is trading 9.3% below its estimated GF Value™ of ₹181.83.
GuruFocus considers Sangal Papers to be Fairly Valued.
Key valuation signals for BOM:516096:
Asset Turnover: 0.37
GF Value™: ₹181.83 vs. price of ₹164.85 (9.3% below fair value)
No single metric tells the full story. See the BOM:516096 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sangal Papers Ltd is an India-based company. Its main business activity involves the manufacturing and trading of paper and paper products. The company's product line includes envelope papers, ribbed papers, packing and lamination papers, scrapbook and crafts paper, color paper, writing and printing paper, stationery papers, newsprint papers, and others. The company sells its products in India and also exports to international countries, with the majority of its revenue coming from sales within India.
67GF Score
Get the complete analysis for BOM:516096
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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