Asset Turnover is linked to ROE % through Du Pont Formula. Equitas Small Finance Bank's annualizedROE % for the quarter that ended in Mar. 2026 was 13.89%. It is also linked to ROA % through Du Pont Formula. Equitas Small Finance Bank's annualizedROA % for the quarter that ended in Mar. 2026 was 1.40%.
Equitas Small Finance Bank (BOM:543243) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Equitas Small Finance Bank's annulizedROE % for the quarter that ended in Mar. 2026 is
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:
Equitas Small Finance Bank's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Equitas Small Finance Bank Asset Turnover Related Terms
Equitas Small Finance Bank Asset Turnover Historical 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.
Equitas Small Finance Bank Asset Turnover Competitor Comparison
For the Banks - Regional subindustry, Equitas Small Finance Bank'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.
Equitas Small Finance Bank Asset Turnover vs Banks Industry
For the Banks industry and Financial Services sector, Equitas Small Finance Bank's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Equitas Small Finance Bank's Asset Turnover falls into.
* 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.
Equitas Small Finance Bank (BOM:543243) has a Asset Turnover of 0.02 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Equitas Small Finance Bank and its competitors.
Is Equitas Small Finance Bank's Asset Turnover too high?
Equitas Small Finance Bank's current Asset Turnover is 0.02. Overall, Equitas Small Finance Bank has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equitas Small Finance Bank's Asset Turnover compare to competitors?
Equitas Small Finance Bank's Asset Turnover of 0.02 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 Equitas Small Finance Bank and its competitors. Equitas Small Finance Bank's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equitas Small Finance Bank stock overvalued right now?
Based on GuruFocus' analysis, Equitas Small Finance Bank (BOM:543243) is currently considered Fairly Valued. The stock's GF Value™ is ₹85.83, compared to a current price of ₹82.21 — trading 4.2% below its estimated fair value. The current Asset Turnover is 0.02. Equitas Small Finance Bank's overall GF Score™ is 77/100 with 8 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 Equitas Small Finance Bank (BOM:543243), the current Asset Turnover is 0.02 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 Equitas Small Finance Bank (BOM:543243) Overvalued in 2026?
Based on GuruFocus' analysis, Equitas Small Finance Bank stock appears to be undervalued.
The current stock price of ₹82.21 is trading 4.2% below its estimated GF Value™ of ₹85.83.
GuruFocus considers Equitas Small Finance Bank to be Fairly Valued.
Key valuation signals for BOM:543243:
Asset Turnover: 0.02
GF Value™: ₹85.83 vs. price of ₹82.21 (4.2% below fair value)
No single metric tells the full story. See the BOM:543243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equitas Small Finance Bank Ltd is a small finance bank. It offers banking products and services to customers. The firm's financial products and services include the provision of small business loans comprising LAPs, housing loans, and agriculture loans to micro-entrepreneurs, microfinance, used and new commercial vehicle loans, Micro and Small Enterprises loans and others. Its segments include Treasury; Corporate / Wholesale Banking; Retail Banking; and Other Banking Business. The company generates a majority of its revenue from the retail banking segment.
77GF Score
Get the complete analysis for BOM:543243
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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