Shree Ganesh Elastoplast (BOM:530797) Asset Turnover: 0.57 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:530797 Shree Ganesh Elastoplast Ltd BOM:530797
48 GF Score
Price ₹17.00
GF Value ₹4.99
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Shree Ganesh Elastoplast Asset Turnover?

Shree Ganesh Elastoplast BOM:530797 48 Asset Turnover is 0.57 as of Mar. 2026. GuruFocus rates BOM:530797 with a GF Score™ of 48/100 and a GF Value™ of ₹4.99 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Shree Ganesh Elastoplast's Revenue for the three months ended in Mar. 2026 was ₹25.26 Mil. Shree Ganesh Elastoplast's Total Assets for the quarter that ended in Mar. 2026 was ₹43.98 Mil. Therefore, Shree Ganesh Elastoplast's Asset Turnover for the quarter that ended in Mar. 2026 was 0.57.

Asset Turnover is linked to ROE % through Du Pont Formula. Shree Ganesh Elastoplast's annualized ROE % for the quarter that ended in Mar. 2026 was 4.75%. It is also linked to ROA % through Du Pont Formula. Shree Ganesh Elastoplast's annualized ROA % for the quarter that ended in Mar. 2026 was 3.85%.


Shree Ganesh Elastoplast  (BOM:530797) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Shree Ganesh Elastoplast's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.692/35.601
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.692 / 101.032)*(101.032 / 43.983)*(43.983/ 35.601)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.67 %*2.2971*1.2354
=ROA %*Equity Multiplier
=3.85 %*1.2354
=4.75 %

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:

Shree Ganesh Elastoplast's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1.692/43.983
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.692 / 101.032)*(101.032 / 43.983)
=Net Margin %*Asset Turnover
=1.67 %*2.2971
=3.85 %

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.


Shree Ganesh Elastoplast Asset Turnover Related Terms


Shree Ganesh Elastoplast Asset Turnover Historical Data

* Premium members only.

The historical data trend for Shree Ganesh Elastoplast'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.

Shree Ganesh Elastoplast Asset Turnover Chart

Shree Ganesh Elastoplast Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.76 2.68 3.90 3.19 1.07

Shree Ganesh Elastoplast Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.32 0.06 0.13 0.26 0.57

BOM:530797 vs ADM, BG, TSN: Asset Turnover Comparison

For the Farm Products subindustry, Shree Ganesh Elastoplast'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.


Shree Ganesh Elastoplast Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shree Ganesh Elastoplast's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Shree Ganesh Elastoplast's Asset Turnover falls into.


BOM:530797
48GF Score
Shree Ganesh Elastoplast Ltd BOM:530797
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shree Ganesh Elastoplast Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Shree Ganesh Elastoplast's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=47.866/( (45.177+43.983)/ 2 )
=47.866/44.58
=1.07

Shree Ganesh Elastoplast's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=25.258/( (0+43.983)/ 1 )
=25.258/43.983
=0.57

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.57 mean?
Shree Ganesh Elastoplast (BOM:530797) has a Asset Turnover of 0.57 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shree Ganesh Elastoplast and its competitors.
Is Shree Ganesh Elastoplast's Asset Turnover too high?
Shree Ganesh Elastoplast's current Asset Turnover is 0.57. Overall, Shree Ganesh Elastoplast has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shree Ganesh Elastoplast's Asset Turnover compare to ADM and BG?
Shree Ganesh Elastoplast's Asset Turnover of 0.57 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Shree Ganesh Elastoplast and its competitors. Shree Ganesh Elastoplast's current Asset Turnover is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Ganesh Elastoplast stock overvalued right now?
Based on GuruFocus' analysis, Shree Ganesh Elastoplast (BOM:530797) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4.99, compared to a current price of ₹17.00 — trading 240.7% above its estimated fair value. The current Asset Turnover is 0.57. Shree Ganesh Elastoplast's overall GF Score™ is 48/100 with 5 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 Shree Ganesh Elastoplast (BOM:530797), the current Asset Turnover is 0.57 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 Shree Ganesh Elastoplast (BOM:530797) Overvalued in 2026?

Based on GuruFocus' analysis, Shree Ganesh Elastoplast stock appears to be overvalued. The current stock price of ₹17.00 is trading 240.7% above its estimated GF Value™ of ₹4.99. GuruFocus considers Shree Ganesh Elastoplast to be Significantly Overvalued.

Key valuation signals for BOM:530797:

  • Asset Turnover: 0.57
  • GF Value™: ₹4.99 vs. price of ₹17.00 (240.7% above fair value)
  • GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the BOM:530797 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shree Ganesh Elastoplast Business Description

Address 120 Feet Ring Road, 119, Kamdhenu Complex, Opposite Sahjanand College, Panjara Pol, Ambawadi, Ahmedabad, GJ, IND, 380015
Shree Ganesh Elastoplast Ltd operates in the Business of Purchase, storage, Logistics, transportation, and trading in various types of Agro commodities and other non-agro commodities, in addition to trading in shares and securities.
48GF Score

Get the complete analysis for BOM:530797

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

₹17.00
Price
₹4.99
GF Value