HDFC Bank (MEX:HDBN) Asset Turnover: 0.02 (As of Mar. 2025)


MEX:HDBN HDFC Bank Ltd MEX:HDBN
66 GF Score
Price MXN410.00
GF Value MXN501.84
Valuation Modestly Undervalued
! 3 Warning Signs
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What is HDFC Bank Asset Turnover?

HDFC Bank MEX:HDBN 66 Asset Turnover is 0.02 as of Mar. 2025. GuruFocus rates MEX:HDBN with a GF Score™ of 66/100 and a GF Value™ of MXN501.84 (Modestly Undervalued). 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. HDFC Bank's Revenue for the six months ended in Mar. 2025 was MXN217,280 Mil. HDFC Bank's Total Assets for the quarter that ended in Mar. 2025 was MXN11,067,052 Mil. Therefore, HDFC Bank's Asset Turnover for the quarter that ended in Mar. 2025 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. HDFC Bank's annualized ROE % for the quarter that ended in Mar. 2025 was 8.99%. It is also linked to ROA % through Du Pont Formula. HDFC Bank's annualized ROA % for the quarter that ended in Mar. 2025 was 1.43%.


HDFC Bank  (MEX:HDBN) Asset Turnover Explanation

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

HDFC Bank's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=158399.188/1761137.658
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(158399.188 / 434560.274)*(434560.274 / 11067051.853)*(11067051.853/ 1761137.658)
=Net Margin %*Asset Turnover*Equity Multiplier
=36.45 %*0.0393*6.284
=ROA %*Equity Multiplier
=1.43 %*6.284
=8.99 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 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:

HDFC Bank's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=158399.188/11067051.853
=(Net Income / Revenue)*(Revenue / Total Assets)
=(158399.188 / 434560.274)*(434560.274 / 11067051.853)
=Net Margin %*Asset Turnover
=36.45 %*0.0393
=1.43 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.


HDFC Bank Asset Turnover Related Terms


HDFC Bank Asset Turnover Historical Data

* Premium members only.

The historical data trend for HDFC Bank'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.

HDFC Bank Asset Turnover Chart

HDFC Bank Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.05 0.04 0.04

HDFC Bank Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 0.03 0.02 0.02 0.02 0.02

MEX:HDBN vs PNC: Asset Turnover Comparison

For the Banks - Regional subindustry, HDFC 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.


HDFC Bank Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, HDFC Bank's Asset Turnover distribution charts can be found below:

* The bar in red indicates where HDFC Bank's Asset Turnover falls into.


MEX:HDBN
66GF Score
HDFC Bank Ltd MEX:HDBN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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HDFC Bank Asset Turnover Calculation

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

HDFC Bank's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=434751.256/( (8819450.018+11394094.558)/ 2 )
=434751.256/10106772.288
=0.04

HDFC Bank's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=217280.137/( (10740009.148+11394094.558)/ 2 )
=217280.137/11067051.853
=0.02

* 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 0.02 mean?
HDFC Bank (MEX:HDBN) has a Asset Turnover of 0.02 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on HDFC Bank and its competitors.
Is HDFC Bank's Asset Turnover too high?
HDFC Bank's current Asset Turnover is 0.02. Overall, HDFC Bank has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HDFC Bank's Asset Turnover compare to PNC?
HDFC 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 HDFC Bank and its competitors. HDFC 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 HDFC Bank stock overvalued right now?
Based on GuruFocus' analysis, HDFC Bank (MEX:HDBN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN501.84, compared to a current price of MXN410.00 — trading 18.3% below its estimated fair value. The current Asset Turnover is 0.02. HDFC Bank's overall GF Score™ is 66/100 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 HDFC Bank (MEX:HDBN), the current Asset Turnover is 0.02 as of Mar. 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 HDFC Bank (MEX:HDBN) Overvalued in 2026?

Based on GuruFocus' analysis, HDFC Bank stock appears to be undervalued. The current stock price of MXN410.00 is trading 18.3% below its estimated GF Value™ of MXN501.84. GuruFocus considers HDFC Bank to be Modestly Undervalued.

Key valuation signals for MEX:HDBN:

  • Asset Turnover: 0.02
  • GF Value™: MXN501.84 vs. price of MXN410.00 (18.3% below fair value)
  • GF Score™: 66/100 with 3 warning signs

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


HDFC Bank Business Description

Address Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400013
HDFC Bank Ltd is an Indian bank. It operates in the following segments: Treasury, Retail banking, Wholesale banking, and Other banking business. The maximum revenue for the company is generated from its Retail banking segment, which serves retail customers through its branch network and other channels. This segment raises customer deposits and provides loans and other services to customers using different product groups. Its other operations include providing wholesale banking services to corporates, government entities, and other enterprises, generating income from its treasury operations, and performing para-banking activities such as offering credit cards, debit cards, etc. Geographically, the company generates a majority of its revenue from its operations in India.
66GF Score

Get the complete analysis for MEX:HDBN

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

MXN410.00
Price
MXN501.84
GF Value