Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Service Industries's Revenue for the
three
months ended in Mar. 2026 was ₨42,238 Mil. Service Industries's Total Assets for the quarter that ended in Mar. 2026 was ₨129,603 Mil. Therefore, Service Industries's Asset Turnover for the quarter that ended in Mar. 2026 was 0.33.
Asset Turnover is linked to ROE % through Du Pont Formula. Service Industries's annualizedROE % for the quarter that ended in Mar. 2026 was 48.82%. It is also linked to ROA % through Du Pont Formula. Service Industries's annualizedROA % for the quarter that ended in Mar. 2026 was 9.31%.
Service Industries (KAR:SRVI) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Service Industries'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:
Service Industries'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.
Service Industries Asset Turnover Related Terms
Service Industries Asset Turnover Historical Data
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The historical data trend for Service Industries'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.
KAR:SRVI vs ORLY, AZO, GPC: Asset Turnover Comparison
For the Auto Parts subindustry, Service Industries'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.
Service Industries Asset Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Service Industries's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Service Industries'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.
Service Industries (KAR:SRVI) has a Asset Turnover of 0.33 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Service Industries and its competitors.
Is Service Industries' Asset Turnover too high?
Service Industries' current Asset Turnover is 0.33. Overall, Service Industries has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Service Industries' Asset Turnover compare to ORLY and AZO?
Service Industries' Asset Turnover of 0.33 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts 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 Service Industries and its competitors. Service Industries's current Asset Turnover is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Service Industries stock overvalued right now?
Based on GuruFocus' analysis, Service Industries (KAR:SRVI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨1,457.46, compared to a current price of ₨2,226.63 — trading 52.8% above its estimated fair value. The current Asset Turnover is 0.33. Service Industries' overall GF Score™ is 91/100 with 6 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 Service Industries (KAR:SRVI), the current Asset Turnover is 0.33 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 Service Industries (KAR:SRVI) Overvalued in 2026?
Based on GuruFocus' analysis, Service Industries stock appears to be overvalued.
The current stock price of ₨2,226.63 is trading 52.8% above its estimated GF Value™ of ₨1,457.46.
GuruFocus considers Service Industries to be Significantly Overvalued.
Key valuation signals for KAR:SRVI:
Asset Turnover: 0.33
GF Value™: ₨1,457.46 vs. price of ₨2,226.63 (52.8% above fair value)
No single metric tells the full story. See the KAR:SRVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Service Industries Ltd manufactures and sells footwear, tyres, tubes, and technical rubber products. The company's reportable segments are Footwear which includes the purchase, manufacturing and sale of different qualities of footwear, Tyres which includes the manufacturing of different qualities of tyres and tubes, and Others, which includes the manufacturing of different qualities of rubber products on specifications and trading and manufacturing of spare parts of automobiles. The company generates a majority of its revenues from the Tyre division. Geographically, the company derives a majority of its revenue from Pakistan and the rest from Europe, Asia, North America, Australia and other regions.
91GF Score
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