Setubandhan Infrastructure (BOM:533605) Asset Turnover: 0.12 (As of Mar. 2023)

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BOM:533605 Setubandhan Infrastructure Ltd BOM:533605
4 GF Score
Price ₹0.42
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What is Setubandhan Infrastructure Asset Turnover?

Setubandhan Infrastructure BOM:533605 -2.33% 4 Asset Turnover is 0.12 as of Mar. 2023. GuruFocus rates BOM:533605 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. Setubandhan Infrastructure's Revenue for the three months ended in Mar. 2023 was ₹250.5 Mil. Setubandhan Infrastructure's Total Assets for the quarter that ended in Mar. 2023 was ₹2,067.6 Mil. Therefore, Setubandhan Infrastructure's Asset Turnover for the quarter that ended in Mar. 2023 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Setubandhan Infrastructure's annualized ROE % for the quarter that ended in Mar. 2023 was -8.79%. It is also linked to ROA % through Du Pont Formula. Setubandhan Infrastructure's annualized ROA % for the quarter that ended in Mar. 2023 was -2.10%.


Setubandhan Infrastructure  (BOM:533605) Asset Turnover Explanation

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

Setubandhan Infrastructure's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=-43.508/495.167
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-43.508 / 1002.048)*(1002.048 / 2067.643)*(2067.643/ 495.167)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.34 %*0.4846*4.1756
=ROA %*Equity Multiplier
=-2.10 %*4.1756
=-8.79 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 2023) 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:

Setubandhan Infrastructure's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=-43.508/2067.643
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-43.508 / 1002.048)*(1002.048 / 2067.643)
=Net Margin %*Asset Turnover
=-4.34 %*0.4846
=-2.10 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 2023) 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.


Setubandhan Infrastructure Asset Turnover Related Terms


Setubandhan Infrastructure Asset Turnover Historical Data

* Premium members only.

The historical data trend for Setubandhan Infrastructure'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.

Setubandhan Infrastructure Asset Turnover Chart

Setubandhan Infrastructure Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.66 0.29 0.57 0.34

Setubandhan Infrastructure Quarterly Data
Mar17 Mar18 Jun18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.10 0.04 0.09 0.10 0.12

BOM:533605 vs PWR, J: Asset Turnover Comparison

For the Engineering & Construction subindustry, Setubandhan Infrastructure'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.


Setubandhan Infrastructure Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Setubandhan Infrastructure's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Setubandhan Infrastructure's Asset Turnover falls into.


BOM:533605
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Setubandhan Infrastructure Ltd BOM:533605
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Setubandhan Infrastructure Asset Turnover Calculation

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

Setubandhan Infrastructure's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=699.883/( (2070.718+2067.643)/ 2 )
=699.883/2069.1805
=0.34

Setubandhan Infrastructure's Asset Turnover for the quarter that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=250.512/( (0+2067.643)/ 1 )
=250.512/2067.643
=0.12

* 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 0.12 mean?
Setubandhan Infrastructure (BOM:533605) has a Asset Turnover of 0.12 as of Mar. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Setubandhan Infrastructure and its competitors.
Is Setubandhan Infrastructure's Asset Turnover too high?
Setubandhan Infrastructure's current Asset Turnover is 0.12. Overall, Setubandhan Infrastructure has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Setubandhan Infrastructure's Asset Turnover compare to PWR and J?
Setubandhan Infrastructure's Asset Turnover of 0.12 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Setubandhan Infrastructure and its competitors. Setubandhan Infrastructure's current Asset Turnover is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Setubandhan Infrastructure stock overvalued right now?
Setubandhan Infrastructure (BOM:533605) has a current Asset Turnover of 0.12. The current Asset Turnover is 0.12. Setubandhan Infrastructure'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 Setubandhan Infrastructure (BOM:533605), the current Asset Turnover is 0.12 as of Mar. 2023. 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.

Setubandhan Infrastructure Business Description

Address Trimbak Road, Near Ved Mandir, 3A- 3rd Floor, The Exchange, Tidke Colony, Nashik, MH, IND, 422002
Setubandhan Infrastructure Ltd is an India-based company engaged in the activities of construction. It has a business of construction for government and semi-government authorities such as buildings, quarters, roads, bridges, airports, godowns, and hospitals, and works for private bodies for the construction of industrial buildings, residential and commercial complexes, townships, healthcare centers and institutional campuses with all related utility services. The company is also engaged in the business of real estate development.
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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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