Confidence Futuristic Energetech (BOM:539991) Asset Turnover: 0.14 (As of Mar. 2026)

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BOM:539991 Confidence Futuristic Energetech Ltd BOM:539991
66 GF Score
Price ₹34.05
GF Value ₹57.26
Valuation Possible Value Trap
! 9 Warning Signs
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What is Confidence Futuristic Energetech Asset Turnover?

Confidence Futuristic Energetech BOM:539991 -0.12% 66 Asset Turnover is 0.14 as of Mar. 2026. GuruFocus rates BOM:539991 with a GF Score™ of 66/100 and a GF Value™ of ₹57.26 (Possible Value Trap). The stock has 9 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. Confidence Futuristic Energetech's Revenue for the three months ended in Mar. 2026 was ₹558 Mil. Confidence Futuristic Energetech's Total Assets for the quarter that ended in Mar. 2026 was ₹4,057 Mil. Therefore, Confidence Futuristic Energetech's Asset Turnover for the quarter that ended in Mar. 2026 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Confidence Futuristic Energetech's annualized ROE % for the quarter that ended in Mar. 2026 was 15.11%. It is also linked to ROA % through Du Pont Formula. Confidence Futuristic Energetech's annualized ROA % for the quarter that ended in Mar. 2026 was 6.29%.


Confidence Futuristic Energetech  (BOM:539991) Asset Turnover Explanation

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

Confidence Futuristic Energetech's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=255.096/1688.073
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(255.096 / 2233.768)*(2233.768 / 4057.472)*(4057.472/ 1688.073)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.42 %*0.5505*2.4036
=ROA %*Equity Multiplier
=6.29 %*2.4036
=15.11 %

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:

Confidence Futuristic Energetech's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=255.096/4057.472
=(Net Income / Revenue)*(Revenue / Total Assets)
=(255.096 / 2233.768)*(2233.768 / 4057.472)
=Net Margin %*Asset Turnover
=11.42 %*0.5505
=6.29 %

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.


Confidence Futuristic Energetech Asset Turnover Related Terms


Confidence Futuristic Energetech Asset Turnover Historical Data

* Premium members only.

The historical data trend for Confidence Futuristic Energetech'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.

Confidence Futuristic Energetech Asset Turnover Chart

Confidence Futuristic Energetech 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 0.44 0.51 0.67 0.81 0.41

Confidence Futuristic Energetech 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 0.19 0.11 0.08 0.11 0.14

BOM:539991 vs ATO, NI, UGI: Asset Turnover Comparison

For the Utilities - Regulated Gas subindustry, Confidence Futuristic Energetech'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.


Confidence Futuristic Energetech Asset Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Confidence Futuristic Energetech's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Confidence Futuristic Energetech's Asset Turnover falls into.


BOM:539991
66GF Score
Confidence Futuristic Energetech Ltd BOM:539991
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Confidence Futuristic Energetech Asset Turnover Calculation

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

Confidence Futuristic Energetech'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 )
=1581.222/( (3632.96+4057.472)/ 2 )
=1581.222/3845.216
=0.41

Confidence Futuristic Energetech'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 )
=558.442/( (0+4057.472)/ 1 )
=558.442/4057.472
=0.14

* 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 0.14 mean?
Confidence Futuristic Energetech (BOM:539991) has a Asset Turnover of 0.14 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Confidence Futuristic Energetech and its competitors.
Is Confidence Futuristic Energetech's Asset Turnover too high?
Confidence Futuristic Energetech's current Asset Turnover is 0.14. Overall, Confidence Futuristic Energetech has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Confidence Futuristic Energetech's Asset Turnover compare to ATO and NI?
Confidence Futuristic Energetech's Asset Turnover of 0.14 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Asset Turnover depends on the Utilities - Regulated 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 Confidence Futuristic Energetech and its competitors. Confidence Futuristic Energetech's current Asset Turnover is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Confidence Futuristic Energetech stock overvalued right now?
Based on GuruFocus' analysis, Confidence Futuristic Energetech (BOM:539991) is currently considered Possible Value Trap. The stock's GF Value™ is ₹57.26, compared to a current price of ₹34.05 — trading 40.5% below its estimated fair value. The current Asset Turnover is 0.14. Confidence Futuristic Energetech's overall GF Score™ is 66/100 with 9 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 Confidence Futuristic Energetech (BOM:539991), the current Asset Turnover is 0.14 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 Confidence Futuristic Energetech (BOM:539991) Overvalued in 2026?

Based on GuruFocus' analysis, Confidence Futuristic Energetech stock appears to be undervalued. The current stock price of ₹34.05 is trading 40.5% below its estimated GF Value™ of ₹57.26. GuruFocus considers Confidence Futuristic Energetech to be Possible Value Trap.

Key valuation signals for BOM:539991:

  • Asset Turnover: 0.14
  • GF Value™: ₹57.26 vs. price of ₹34.05 (40.5% below fair value)
  • GF Score™: 66/100 with 9 warning signs

No single metric tells the full story. See the BOM:539991 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Confidence Futuristic Energetech Business Description

Address 34A, Central Bazar Road, Confidence Tower, Ramdaspeth, Nagpur, MH, IND, 440010
Confidence Futuristic Energetech Ltd, along with its subsidiary entities, is actively engaged in the manufacturing and supply of high-pressure CNG cylinders, LPG cylinders, CNG cascades, medical oxygen cylinders, and seamless steel gas cylinders for industrial gases. It offers a wide range of onboard CNG cylinder sizes at competitive prices, making CNG a more affordable and accessible option for consumers transitioning to cleaner fuel alternatives. The company is involved in the Parallel LPG Market by the name of Pack Cylinder Division with GO GAS ELITE as its brand, and is into selling LPG to both domestic and commercial users at competitive rates. Its operating segments are: Cylinder Division, which generates the maximum revenue, and LPG Division.
66GF Score

Get the complete analysis for BOM:539991

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

₹34.05
Price
₹57.26
GF Value