Super Fine Knitters (BOM:540269) Asset Turnover: 0.32 (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:540269 Super Fine Knitters Ltd BOM:540269
53 GF Score
Price ₹8.28
GF Value ₹14.05
Valuation Possible Value Trap
! 3 Warning Signs
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What is Super Fine Knitters Asset Turnover?

Super Fine Knitters BOM:540269 53 Asset Turnover is 0.32 as of Mar. 2026. GuruFocus rates BOM:540269 with a GF Score™ of 53/100 and a GF Value™ of ₹14.05 (Possible Value Trap). The stock has 3 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. Super Fine Knitters's Revenue for the six months ended in Mar. 2026 was ₹127.5 Mil. Super Fine Knitters's Total Assets for the quarter that ended in Mar. 2026 was ₹403.4 Mil. Therefore, Super Fine Knitters's Asset Turnover for the quarter that ended in Mar. 2026 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. Super Fine Knitters's annualized ROE % for the quarter that ended in Mar. 2026 was 4.52%. It is also linked to ROA % through Du Pont Formula. Super Fine Knitters's annualized ROA % for the quarter that ended in Mar. 2026 was 2.77%.


Super Fine Knitters  (BOM:540269) Asset Turnover Explanation

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

Super Fine Knitters's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=11.168/247.1225
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(11.168 / 254.92)*(254.92 / 403.362)*(403.362/ 247.1225)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.38 %*0.632*1.6322
=ROA %*Equity Multiplier
=2.77 %*1.6322
=4.52 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

Super Fine Knitters's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=11.168/403.362
=(Net Income / Revenue)*(Revenue / Total Assets)
=(11.168 / 254.92)*(254.92 / 403.362)
=Net Margin %*Asset Turnover
=4.38 %*0.632
=2.77 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Super Fine Knitters Asset Turnover Related Terms


Super Fine Knitters Asset Turnover Historical Data

* Premium members only.

The historical data trend for Super Fine Knitters'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.

Super Fine Knitters Asset Turnover Chart

Super Fine Knitters 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 0.94 0.66 0.69 0.70 0.78

Super Fine Knitters Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.31 0.33 0.35 0.45 0.32

Super Fine Knitters Asset Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Super Fine Knitters'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.


Super Fine Knitters Asset Turnover vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Super Fine Knitters's Asset Turnover falls into.


BOM:540269
53GF Score
Super Fine Knitters Ltd BOM:540269
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Super Fine Knitters Asset Turnover Calculation

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

Super Fine Knitters'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 )
=309.586/( (397.889+396.03)/ 2 )
=309.586/396.9595
=0.78

Super Fine Knitters'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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=127.46/( (410.694+396.03)/ 2 )
=127.46/403.362
=0.32

* 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 0.32 mean?
Super Fine Knitters (BOM:540269) has a Asset Turnover of 0.32 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Super Fine Knitters and its competitors.
Is Super Fine Knitters' Asset Turnover too high?
Super Fine Knitters' current Asset Turnover is 0.32. Overall, Super Fine Knitters has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Super Fine Knitters' Asset Turnover compare to competitors?
Super Fine Knitters' Asset Turnover of 0.32 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 Super Fine Knitters and its competitors. Super Fine Knitters's current Asset Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Fine Knitters stock overvalued right now?
Based on GuruFocus' analysis, Super Fine Knitters (BOM:540269) is currently considered Possible Value Trap. The stock's GF Value™ is ₹14.05, compared to a current price of ₹8.28 — trading 41.1% below its estimated fair value. The current Asset Turnover is 0.32. Super Fine Knitters' overall GF Score™ is 53/100 with 3 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 Super Fine Knitters (BOM:540269), the current Asset Turnover is 0.32 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 Super Fine Knitters (BOM:540269) Overvalued in 2026?

Based on GuruFocus' analysis, Super Fine Knitters stock appears to be undervalued. The current stock price of ₹8.28 is trading 41.1% below its estimated GF Value™ of ₹14.05. GuruFocus considers Super Fine Knitters to be Possible Value Trap.

Key valuation signals for BOM:540269:

  • Asset Turnover: 0.32
  • GF Value™: ₹14.05 vs. price of ₹8.28 (41.1% below fair value)
  • GF Score™: 53/100 with 3 warning signs

No single metric tells the full story. See the BOM:540269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Super Fine Knitters Business Description

Address C-5, Phase V, Focal Point, Ludhiana, PB, IND, 141010
Super Fine Knitters Ltd manufactures and supplies knitted fabrics and garments. The company caters to both national and international markets, supplying knitted fabrics used by various export-oriented garment manufacturers in India. Its product range includes t-shirts, shirts, track suits, night suits, sweaters, and other knitted apparel items. Revenue is generated through the production and sale of knitted fabrics and garments. The company operates manufacturing facilities in Ludhiana, India, and serves a wide customer base within the textile and garment industry.
53GF Score

Get the complete analysis for BOM:540269

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

₹8.28
Price
₹14.05
GF Value