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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Innokaiz India's Revenue for the
six
months ended in Sep. 2025 was ₹57.60 Mil. Innokaiz India's Total Assets for the quarter that ended in Sep. 2025 was ₹835.02 Mil. Therefore, Innokaiz India's Asset Turnover for the quarter that ended in Sep. 2025 was 0.07.
Asset Turnover is linked to ROE % through Du Pont Formula. Innokaiz India's annualizedROE % for the quarter that ended in Sep. 2025 was -8.08%. It is also linked to ROA % through Du Pont Formula. Innokaiz India's annualizedROA % for the quarter that ended in Sep. 2025 was -4.18%.
Innokaiz India (BOM:543905) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Innokaiz India's annulizedROE % for the quarter that ended in Sep. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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:
Innokaiz India's annulizedROA % for the quarter that ended in Sep. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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.
Innokaiz India Asset Turnover Related Terms
Innokaiz India Asset Turnover Historical Data
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The historical data trend for Innokaiz India'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.
BOM:543905 vs CTAS, CPRT, ULS: Asset Turnover Comparison
For the Specialty Business Services subindustry, Innokaiz India'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.
Innokaiz India Asset Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Innokaiz India's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Innokaiz India'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.
Innokaiz India (BOM:543905) has a Asset Turnover of 0.07 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Innokaiz India and its competitors.
Is Innokaiz India's Asset Turnover too high?
Innokaiz India's current Asset Turnover is 0.07. Overall, Innokaiz India has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innokaiz India's Asset Turnover compare to CTAS and CPRT?
Innokaiz India's Asset Turnover of 0.07 can be compared against companies in the Business Services 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 Business Services company?
A good Asset Turnover depends on the Business Services 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 Innokaiz India and its competitors. Innokaiz India's current Asset Turnover is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innokaiz India stock overvalued right now?
Based on GuruFocus' analysis, Innokaiz India (BOM:543905) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.49, compared to a current price of ₹12.35 — trading 125% above its estimated fair value. The current Asset Turnover is 0.07. Innokaiz India's overall GF Score™ is 55/100 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 Innokaiz India (BOM:543905), the current Asset Turnover is 0.07 as of Sep. 2025. 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 Innokaiz India (BOM:543905) Overvalued in 2026?
Based on GuruFocus' analysis, Innokaiz India stock appears to be overvalued.
The current stock price of ₹12.35 is trading 125% above its estimated GF Value™ of ₹5.49.
GuruFocus considers Innokaiz India to be Significantly Overvalued.
Key valuation signals for BOM:543905:
Asset Turnover: 0.07
GF Value™: ₹5.49 vs. price of ₹12.35 (125% above fair value)
No single metric tells the full story. See the BOM:543905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innokaiz India Ltd is a corporate services and solutions provider. The company offers a comprehensive range of services covering advertising and marketing solutions including digital marketing, corporate travel arrangements, gifting solutions, event management, etc. It is also involved in the trading of electronic goods. Geographically, the company operates only in India.
55GF Score
Get the complete analysis for BOM:543905
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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