Action Construction Equipment (NSE:ACE) Asset Turnover: 0.32 (As of Mar. 2026)


NSE:ACE Action Construction Equipment Ltd NSE:ACE
93 GF Score
Price ₹988.10
GF Value ₹1,207.69
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Action Construction Equipment Asset Turnover?

Action Construction Equipment NSE:ACE -1.52% 93 Asset Turnover is 0.32 as of Mar. 2026. GuruFocus rates NSE:ACE with a GF Score™ of 93/100 and a GF Value™ of ₹1,207.69 (Modestly Undervalued). The stock has 1 warning sign 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. Action Construction Equipment's Revenue for the three months ended in Mar. 2026 was ₹10,295 Mil. Action Construction Equipment's Total Assets for the quarter that ended in Mar. 2026 was ₹32,517 Mil. Therefore, Action Construction Equipment's Asset Turnover for the quarter that ended in Mar. 2026 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. Action Construction Equipment's annualized ROE % for the quarter that ended in Mar. 2026 was 22.06%. It is also linked to ROA % through Du Pont Formula. Action Construction Equipment's annualized ROA % for the quarter that ended in Mar. 2026 was 13.64%.


Action Construction Equipment  (NSE:ACE) Asset Turnover Explanation

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

Action Construction Equipment's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4436.4/20109.9
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4436.4 / 41179.6)*(41179.6 / 32516.8)*(32516.8/ 20109.9)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.77 %*1.2664*1.617
=ROA %*Equity Multiplier
=13.64 %*1.617
=22.06 %

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:

Action Construction Equipment's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=4436.4/32516.8
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4436.4 / 41179.6)*(41179.6 / 32516.8)
=Net Margin %*Asset Turnover
=10.77 %*1.2664
=13.64 %

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.


Action Construction Equipment Asset Turnover Related Terms


Action Construction Equipment Asset Turnover Historical Data

* Premium members only.

The historical data trend for Action Construction Equipment'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.

Action Construction Equipment Asset Turnover Chart

Action Construction Equipment 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 1.39 1.50 1.54 1.36 1.10

Action Construction Equipment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.35 0.24 0.25 0.29 0.32

NSE:ACE vs CAT, DE, PCAR: Asset Turnover Comparison

For the Farm & Heavy Construction Machinery subindustry, Action Construction Equipment'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.


Action Construction Equipment Asset Turnover vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Action Construction Equipment's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Action Construction Equipment's Asset Turnover falls into.


NSE:ACE
93GF Score
Action Construction Equipment Ltd NSE:ACE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Action Construction Equipment Asset Turnover Calculation

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

Action Construction Equipment'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 )
=32804.4/( (27108.47+32516.8)/ 2 )
=32804.4/29812.635
=1.10

Action Construction Equipment'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: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=10294.9/( (0+32516.8)/ 1 )
=10294.9/32516.8
=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?
Action Construction Equipment (NSE:ACE) 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 Action Construction Equipment and its competitors.
Is Action Construction Equipment's Asset Turnover too high?
Action Construction Equipment's current Asset Turnover is 0.32. Overall, Action Construction Equipment has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Action Construction Equipment's Asset Turnover compare to CAT and DE?
Action Construction Equipment's Asset Turnover of 0.32 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Asset Turnover depends on the Farm & Heavy Construction Machinery 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 Action Construction Equipment and its competitors. Action Construction Equipment'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 Action Construction Equipment stock overvalued right now?
Based on GuruFocus' analysis, Action Construction Equipment (NSE:ACE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,207.69, compared to a current price of ₹988.10 — trading 18.2% below its estimated fair value. The current Asset Turnover is 0.32. Action Construction Equipment's overall GF Score™ is 93/100 with 1 warning sign 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 Action Construction Equipment (NSE:ACE), 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 Action Construction Equipment (NSE:ACE) Overvalued in 2026?

Based on GuruFocus' analysis, Action Construction Equipment stock appears to be undervalued. The current stock price of ₹988.10 is trading 18.2% below its estimated GF Value™ of ₹1,207.69. GuruFocus considers Action Construction Equipment to be Modestly Undervalued.

Key valuation signals for NSE:ACE:

  • Asset Turnover: 0.32
  • GF Value™: ₹1,207.69 vs. price of ₹988.10 (18.2% below fair value)
  • GF Score™: 93/100 with 1 warning sign

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


Action Construction Equipment Business Description

Other Exchanges 532762:India
Address Dudhola Link Road, Dudhola, Palwal, HR, IND, 121102
Action Construction Equipment Ltd is engaged in the business of manufacturing and marketing of Hydraulic Mobile Cranes, Mobile Tower Cranes, Crawler Cranes, Truck Mounted Cranes, Material Handling Equipments like Forklifts, Road Construction Equipments like Backhoe loaders, Compactors, Motor graders and Agriculture Equipments like Tractors, Harvesters, Rotavators, etc. The company's reportable segments are Crane, Material Handling and Construction equipment, and Agricultural equipment. The majority of its revenue is generated from its Cranes segment. Geographically, it derives maximum revenue from India and also has a presence in international markets.
93GF Score

Get the complete analysis for NSE:ACE

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

₹988.10
Price
₹1,207.69
GF Value