Emkay Global Financial Services (NSE:EMKAY) Asset Turnover: 0.09 (As of Mar. 2026)


NSE:EMKAY Emkay Global Financial Services Ltd NSE:EMKAY
79 GF Score
Price ₹262.45
GF Value ₹242.14
Valuation Fairly Valued
! 7 Warning Signs
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What is Emkay Global Financial Services Asset Turnover?

Emkay Global Financial Services NSE:EMKAY -0.51% 79 Asset Turnover is 0.09 as of Mar. 2026. GuruFocus rates NSE:EMKAY with a GF Score™ of 79/100 and a GF Value™ of ₹242.14 (Fairly Valued). The stock has 7 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. Emkay Global Financial Services's Revenue for the three months ended in Mar. 2026 was ₹1,474 Mil. Emkay Global Financial Services's Total Assets for the quarter that ended in Mar. 2026 was ₹17,402 Mil. Therefore, Emkay Global Financial Services's Asset Turnover for the quarter that ended in Mar. 2026 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Emkay Global Financial Services's annualized ROE % for the quarter that ended in Mar. 2026 was 5.94%. It is also linked to ROA % through Du Pont Formula. Emkay Global Financial Services's annualized ROA % for the quarter that ended in Mar. 2026 was 1.30%.


Emkay Global Financial Services  (NSE:EMKAY) Asset Turnover Explanation

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

Emkay Global Financial Services's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=226.276/3806.711
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(226.276 / 5894.696)*(5894.696 / 17401.681)*(17401.681/ 3806.711)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.84 %*0.3387*4.5713
=ROA %*Equity Multiplier
=1.30 %*4.5713
=5.94 %

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:

Emkay Global Financial Services's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=226.276/17401.681
=(Net Income / Revenue)*(Revenue / Total Assets)
=(226.276 / 5894.696)*(5894.696 / 17401.681)
=Net Margin %*Asset Turnover
=3.84 %*0.3387
=1.30 %

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.


Emkay Global Financial Services Asset Turnover Related Terms


Emkay Global Financial Services Asset Turnover Historical Data

* Premium members only.

The historical data trend for Emkay Global Financial Services'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.

Emkay Global Financial Services Asset Turnover Chart

Emkay Global Financial Services 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 0.39 0.26 0.30 0.29 0.25

Emkay Global Financial Services 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 0.06 0.05 0.05 0.06 0.09

NSE:EMKAY vs MS, GS, SCHW: Asset Turnover Comparison

For the Capital Markets subindustry, Emkay Global Financial Services'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.


Emkay Global Financial Services Asset Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Emkay Global Financial Services's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Emkay Global Financial Services's Asset Turnover falls into.


NSE:EMKAY
79GF Score
Emkay Global Financial Services Ltd NSE:EMKAY
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Emkay Global Financial Services Asset Turnover Calculation

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

Emkay Global Financial Services'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 )
=3697.687/( (12333.63+17401.681)/ 2 )
=3697.687/14867.6555
=0.25

Emkay Global Financial Services'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 )
=1473.674/( (0+17401.681)/ 1 )
=1473.674/17401.681
=0.08

* 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 0.09 mean?
Emkay Global Financial Services (NSE:EMKAY) has a Asset Turnover of 0.09 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Emkay Global Financial Services and its competitors.
Is Emkay Global Financial Services' Asset Turnover too high?
Emkay Global Financial Services' current Asset Turnover is 0.09. Overall, Emkay Global Financial Services has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Emkay Global Financial Services' Asset Turnover compare to MS and GS?
Emkay Global Financial Services' Asset Turnover of 0.09 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Asset Turnover depends on the Capital Markets 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 Emkay Global Financial Services and its competitors. Emkay Global Financial Services's current Asset Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emkay Global Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Emkay Global Financial Services (NSE:EMKAY) is currently considered Fairly Valued. The stock's GF Value™ is ₹242.14, compared to a current price of ₹262.45 — trading 8.4% above its estimated fair value. The current Asset Turnover is 0.09. Emkay Global Financial Services' overall GF Score™ is 79/100 with 7 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 Emkay Global Financial Services (NSE:EMKAY), the current Asset Turnover is 0.09 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 Emkay Global Financial Services (NSE:EMKAY) Overvalued in 2026?

Based on GuruFocus' analysis, Emkay Global Financial Services stock appears to be overvalued. The current stock price of ₹262.45 is trading 8.4% above its estimated GF Value™ of ₹242.14. GuruFocus considers Emkay Global Financial Services to be Fairly Valued.

Key valuation signals for NSE:EMKAY:

  • Asset Turnover: 0.09
  • GF Value™: ₹242.14 vs. price of ₹262.45 (8.4% above fair value)
  • GF Score™: 79/100 with 7 warning signs

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


Emkay Global Financial Services Business Description

Other Exchanges 532737:India
Address Senapati Bapat Marg, The Ruby, 7th Floor, Dadar (West), Mumbai, MH, IND, 400028
Emkay Global Financial Services Ltd is engaged in the business of providing Equity, Currency, and Commodity Broking Services, Investment Banking, Depository Participant Services, and Wealth Management Services including the distribution of third-party financial products. The primary business of the company relates to one business segment namely Advisory and Transactional Services. Geographically, its business operations are concentrated in India.
79GF Score

Get the complete analysis for NSE:EMKAY

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

₹262.45
Price
₹242.14
GF Value