Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. De Neers Tools's Revenue for the
six
months ended in Mar. 2026 was ₹1,057 Mil. De Neers Tools's Total Assets for the quarter that ended in Mar. 2026 was ₹1,966 Mil. Therefore, De Neers Tools's Asset Turnover for the quarter that ended in Mar. 2026 was 0.54.
Asset Turnover is linked to ROE % through Du Pont Formula. De Neers Tools's annualizedROE % for the quarter that ended in Mar. 2026 was 37.76%. It is also linked to ROA % through Du Pont Formula. De Neers Tools's annualizedROA % for the quarter that ended in Mar. 2026 was 16.73%.
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:
De Neers Tools's annulizedROA % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
De Neers Tools Asset Turnover Related Terms
De Neers Tools Asset Turnover Historical Data
* Premium members only.
The historical data trend for De Neers Tools'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.
NSE:DENEERS vs SNA, RBC, SWK: Asset Turnover Comparison
For the Tools & Accessories subindustry, De Neers Tools'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.
De Neers Tools Asset Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, De Neers Tools's Asset Turnover distribution charts can be found below:
* The bar in red indicates where De Neers Tools'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.
De Neers Tools (NSE:DENEERS) has a Asset Turnover of 0.54 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on De Neers Tools and its competitors.
Is De Neers Tools' Asset Turnover too high?
De Neers Tools' current Asset Turnover is 0.54. Overall, De Neers Tools has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does De Neers Tools' Asset Turnover compare to SNA and RBC?
De Neers Tools' Asset Turnover of 0.54 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 De Neers Tools and its competitors. De Neers Tools's current Asset Turnover is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De Neers Tools stock overvalued right now?
Based on GuruFocus' analysis, De Neers Tools (NSE:DENEERS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹428.51, compared to a current price of ₹173.10 — trading 59.6% below its estimated fair value. The current Asset Turnover is 0.54. De Neers Tools' overall GF Score™ is 68/100 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 De Neers Tools (NSE:DENEERS), the current Asset Turnover is 0.54 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 De Neers Tools (NSE:DENEERS) Overvalued in 2026?
Based on GuruFocus' analysis, De Neers Tools stock appears to be undervalued.
The current stock price of ₹173.10 is trading 59.6% below its estimated GF Value™ of ₹428.51.
GuruFocus considers De Neers Tools to be Possible Value Trap.
Key valuation signals for NSE:DENEERS:
Asset Turnover: 0.54
GF Value™: ₹428.51 vs. price of ₹173.10 (59.6% below fair value)
No single metric tells the full story. See the NSE:DENEERS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
De Neers Tools Ltd is a hand tool supplier in India. The Company is engaged in the business of wholesale trading of Hardware Tools. The products of the company include Spanners, Wrenches, Pliers, Cutters, Allen keys, Hammers, sockets, Screw Drivers, Tool Kits, Tool Cabinets, Trolleys, etc. It is also specialized in providing Safety Tools like Non-Sparking Tools, Insulated Steel Tools, Non-Sparking Insulated Tools, Stainless Steel Anti-magnetic Tools, and Titanium Tools, with a range of hand tools. The company is predominantly engaged in wholesale trading of hardware tools, which constitutes a single business segment.
68GF Score
Get the complete analysis for NSE:DENEERS
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:DENEERS has been successfully added to your 
