Bang Overseas (BOM:532946) Asset Turnover: 0.31 (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:532946 Bang Overseas Ltd BOM:532946
58 GF Score
Price ₹28.93
GF Value ₹84.13
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Bang Overseas Asset Turnover?

Bang Overseas BOM:532946 -2.76% 58 Asset Turnover is 0.31 as of Mar. 2026. GuruFocus rates BOM:532946 with a GF Score™ of 58/100 and a GF Value™ of ₹84.13 (Possible Value Trap). The stock has 4 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. Bang Overseas's Revenue for the three months ended in Mar. 2026 was ₹581 Mil. Bang Overseas's Total Assets for the quarter that ended in Mar. 2026 was ₹1,899 Mil. Therefore, Bang Overseas's Asset Turnover for the quarter that ended in Mar. 2026 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. Bang Overseas's annualized ROE % for the quarter that ended in Mar. 2026 was 10.78%. It is also linked to ROA % through Du Pont Formula. Bang Overseas's annualized ROA % for the quarter that ended in Mar. 2026 was 5.30%.


Bang Overseas  (BOM:532946) Asset Turnover Explanation

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

Bang Overseas's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=100.74/934.23
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(100.74 / 2322.752)*(2322.752 / 1899.229)*(1899.229/ 934.23)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.34 %*1.223*2.0329
=ROA %*Equity Multiplier
=5.30 %*2.0329
=10.78 %

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:

Bang Overseas's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=100.74/1899.229
=(Net Income / Revenue)*(Revenue / Total Assets)
=(100.74 / 2322.752)*(2322.752 / 1899.229)
=Net Margin %*Asset Turnover
=4.34 %*1.223
=5.30 %

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.


Bang Overseas Asset Turnover Related Terms


Bang Overseas Asset Turnover Historical Data

* Premium members only.

The historical data trend for Bang Overseas'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.

Bang Overseas Asset Turnover Chart

Bang Overseas 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 0.58 0.75 0.81 1.15 1.24

Bang Overseas 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 0.28 0.28 0.30 0.31 0.31

BOM:532946 vs RL, LEVI, VFC: Asset Turnover Comparison

For the Apparel Manufacturing subindustry, Bang Overseas'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.


Bang Overseas Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bang Overseas's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bang Overseas's Asset Turnover falls into.


BOM:532946
58GF Score
Bang Overseas Ltd BOM:532946
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bang Overseas Asset Turnover Calculation

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

Bang Overseas'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 )
=2239.376/( (1706.81+1899.229)/ 2 )
=2239.376/1803.0195
=1.24

Bang Overseas'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 )
=580.688/( (0+1899.229)/ 1 )
=580.688/1899.229
=0.31

* 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 0.31 mean?
Bang Overseas (BOM:532946) has a Asset Turnover of 0.31 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Bang Overseas and its competitors.
Is Bang Overseas' Asset Turnover too high?
Bang Overseas' current Asset Turnover is 0.31. Overall, Bang Overseas has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bang Overseas' Asset Turnover compare to RL and LEVI?
Bang Overseas' Asset Turnover of 0.31 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories 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 Bang Overseas and its competitors. Bang Overseas's current Asset Turnover is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bang Overseas stock overvalued right now?
Based on GuruFocus' analysis, Bang Overseas (BOM:532946) is currently considered Possible Value Trap. The stock's GF Value™ is ₹84.13, compared to a current price of ₹28.93 — trading 65.6% below its estimated fair value. The current Asset Turnover is 0.31. Bang Overseas' overall GF Score™ is 58/100 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 Bang Overseas (BOM:532946), the current Asset Turnover is 0.31 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 Bang Overseas (BOM:532946) Overvalued in 2026?

Based on GuruFocus' analysis, Bang Overseas stock appears to be undervalued. The current stock price of ₹28.93 is trading 65.6% below its estimated GF Value™ of ₹84.13. GuruFocus considers Bang Overseas to be Possible Value Trap.

Key valuation signals for BOM:532946:

  • Asset Turnover: 0.31
  • GF Value™: ₹84.13 vs. price of ₹28.93 (65.6% below fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the BOM:532946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bang Overseas Business Description

Other Exchanges BANG:India
Address Senapati Bapat Marg, 405-406, Kewal Industrial Estate, Lower Parel (West), Mumbai, MH, IND, 400 013
Bang Overseas Ltd is a manufacturer and exporter of men's wear, focusing on manufacturing garments using imported fabrics. The company operates two manufacturing units in Bangalore, equipped with machinery that helps in large production. Their product range is designed based on national and international fashion trends, catering to various domestic and international brands as well as offering products under their own brand name, Thomas Scott. Bang Overseas generates revenue through the manufacture and sale of men's apparel and accessories.
58GF Score

Get the complete analysis for BOM:532946

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

₹28.93
Price
₹84.13
GF Value