Easun Reyrolle (BOM:532751) Asset Turnover: 0.15 (As of Mar. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:532751 Easun Reyrolle Ltd BOM:532751
4 GF Score
Price ₹2.50
View Full Analysis

What is Easun Reyrolle Asset Turnover?

Easun Reyrolle BOM:532751 4 Asset Turnover is 0.15 as of Mar. 2019. GuruFocus rates BOM:532751 with a GF Score™ of 4/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Easun Reyrolle's Revenue for the six months ended in Mar. 2019 was ₹857.8 Mil. Easun Reyrolle's Total Assets for the quarter that ended in Mar. 2019 was ₹5,907.3 Mil. Therefore, Easun Reyrolle's Asset Turnover for the quarter that ended in Mar. 2019 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Easun Reyrolle's annualized ROE % for the quarter that ended in Mar. 2019 was -14.32%. It is also linked to ROA % through Du Pont Formula. Easun Reyrolle's annualized ROA % for the quarter that ended in Mar. 2019 was -3.48%.


Easun Reyrolle  (BOM:532751) Asset Turnover Explanation

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

Easun Reyrolle's annulized ROE % for the quarter that ended in Mar. 2019 is

ROE %**(Q: Mar. 2019 )
=Net Income/Total Stockholders Equity
=-205.356/1434.261
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-205.356 / 1715.542)*(1715.542 / 5907.26)*(5907.26/ 1434.261)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.97 %*0.2904*4.1187
=ROA %*Equity Multiplier
=-3.48 %*4.1187
=-14.32 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2019) net income data. The Revenue data used here is two times the semi-annual (Mar. 2019) 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:

Easun Reyrolle's annulized ROA % for the quarter that ended in Mar. 2019 is

ROA %(Q: Mar. 2019 )
=Net Income/Total Assets
=-205.356/5907.26
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-205.356 / 1715.542)*(1715.542 / 5907.26)
=Net Margin %*Asset Turnover
=-11.97 %*0.2904
=-3.48 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2019) net income data. The Revenue data used here is two times the semi-annual (Mar. 2019) 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.


Easun Reyrolle Asset Turnover Related Terms


Easun Reyrolle Asset Turnover Historical Data

* Premium members only.

The historical data trend for Easun Reyrolle'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.

Easun Reyrolle Asset Turnover Chart

Easun Reyrolle Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.15 0.14 0.13 0.15

Easun Reyrolle Semi-Annual Data
Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
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 0.18 0.15 0.14 0.13 0.15

BOM:532751 vs HON, MMM, GE: Asset Turnover Comparison

For the Specialty Industrial Machinery subindustry, Easun Reyrolle'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.


Easun Reyrolle Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Easun Reyrolle's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Easun Reyrolle's Asset Turnover falls into.


BOM:532751
4GF Score
Easun Reyrolle Ltd BOM:532751
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Easun Reyrolle Asset Turnover Calculation

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

Easun Reyrolle's Asset Turnover for the fiscal year that ended in Mar. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2019 )/( (Total Assets (A: Mar. 2018 )+Total Assets (A: Mar. 2019 ))/ count )
=857.771/( (5969.882+5844.638)/ 2 )
=857.771/5907.26
=0.15

Easun Reyrolle's Asset Turnover for the quarter that ended in Mar. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2019 )/( (Total Assets (Q: Mar. 2018 )+Total Assets (Q: Mar. 2019 ))/ count )
=857.771/( (5969.882+5844.638)/ 2 )
=857.771/5907.26
=0.15

* 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 0.15 mean?
Easun Reyrolle (BOM:532751) has a Asset Turnover of 0.15 as of Mar. 2019. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Easun Reyrolle and its competitors.
Is Easun Reyrolle's Asset Turnover too high?
Easun Reyrolle's current Asset Turnover is 0.15. Overall, Easun Reyrolle has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Easun Reyrolle's Asset Turnover compare to HON and MMM?
Easun Reyrolle's Asset Turnover of 0.15 can be compared against companies in the Industrial 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial 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 Easun Reyrolle and its competitors. Easun Reyrolle's current Asset Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Easun Reyrolle stock overvalued right now?
Easun Reyrolle (BOM:532751) has a current Asset Turnover of 0.15. The current Asset Turnover is 0.15. Easun Reyrolle's overall GF Score™ is 4/100. 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 Easun Reyrolle (BOM:532751), the current Asset Turnover is 0.15 as of Mar. 2019. 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.

Easun Reyrolle Business Description

Address No. 98, Sipcot Industrial Complex, Hosur, TN, IND, 635126
Easun Reyrolle Ltd is an India-based company that manufactures and supplies products, systems, solutions, and services that are used in electrical power transmission and distribution equipment. The company's products include numerical single-function relays genesis, static relays, electro-mechanical relays, numerical multi-function relays, disturbance fault recorders, and medium voltage switchgear. Its solutions are divided into protection services, metering solutions, projects, and automation solutions.
4GF Score

Get the complete analysis for BOM:532751

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

₹2.50
Price