Foce India (NSE:FOCE) Asset Turnover: 0.34 (As of Sep. 2025)


NSE:FOCE Foce India Ltd NSE:FOCE
80 GF Score
Price ₹602.00
GF Value ₹775.61
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Foce India Asset Turnover?

Foce India NSE:FOCE 80 Asset Turnover is 0.34 as of Sep. 2025. GuruFocus rates NSE:FOCE with a GF Score™ of 80/100 and a GF Value™ of ₹775.61 (Modestly Undervalued). The stock has 4 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. Foce India's Revenue for the six months ended in Sep. 2025 was ₹586 Mil. Foce India's Total Assets for the quarter that ended in Sep. 2025 was ₹1,706 Mil. Therefore, Foce India's Asset Turnover for the quarter that ended in Sep. 2025 was 0.34.

Asset Turnover is linked to ROE % through Du Pont Formula. Foce India's annualized ROE % for the quarter that ended in Sep. 2025 was 14.22%. It is also linked to ROA % through Du Pont Formula. Foce India's annualized ROA % for the quarter that ended in Sep. 2025 was 6.81%.


Foce India  (NSE:FOCE) Asset Turnover Explanation

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

Foce India's annulized ROE % for the quarter that ended in Sep. 2025 is

ROE %**(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=116.178/817.174
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(116.178 / 1172.308)*(1172.308 / 1706.489)*(1706.489/ 817.174)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.91 %*0.687*2.0883
=ROA %*Equity Multiplier
=6.81 %*2.0883
=14.22 %

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

Foce India's annulized ROA % for the quarter that ended in Sep. 2025 is

ROA %(Q: Sep. 2025 )
=Net Income/Total Assets
=116.178/1706.489
=(Net Income / Revenue)*(Revenue / Total Assets)
=(116.178 / 1172.308)*(1172.308 / 1706.489)
=Net Margin %*Asset Turnover
=9.91 %*0.687
=6.81 %

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


Foce India Asset Turnover Related Terms


Foce India Asset Turnover Historical Data

* Premium members only.

The historical data trend for Foce India'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.

Foce India Asset Turnover Chart

Foce India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover
Get a 7-Day Free Trial 3.16 4.12 0.83 0.81 0.80

Foce India Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.50 0.30 0.53 0.34

NSE:FOCE vs TPR: Asset Turnover Comparison

For the Luxury Goods subindustry, Foce India'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.


Foce India Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Foce India's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Foce India's Asset Turnover falls into.


NSE:FOCE
80GF Score
Foce India Ltd NSE:FOCE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Foce India Asset Turnover Calculation

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

Foce India'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 )
=1042.516/( (1106.005+1492.988)/ 2 )
=1042.516/1299.4965
=0.80

Foce India's Asset Turnover for the quarter that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=586.154/( (1492.988+1919.99)/ 2 )
=586.154/1706.489
=0.34

* 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 0.34 mean?
Foce India (NSE:FOCE) has a Asset Turnover of 0.34 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Foce India and its competitors.
Is Foce India's Asset Turnover too high?
Foce India's current Asset Turnover is 0.34. Overall, Foce India has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Foce India's Asset Turnover compare to TPR?
Foce India's Asset Turnover of 0.34 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical 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 Foce India and its competitors. Foce India's current Asset Turnover is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foce India stock overvalued right now?
Based on GuruFocus' analysis, Foce India (NSE:FOCE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹775.61, compared to a current price of ₹602.00 — trading 22.4% below its estimated fair value. The current Asset Turnover is 0.34. Foce India's overall GF Score™ is 80/100 with 4 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 Foce India (NSE:FOCE), the current Asset Turnover is 0.34 as of Sep. 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 Foce India (NSE:FOCE) Overvalued in 2026?

Based on GuruFocus' analysis, Foce India stock appears to be undervalued. The current stock price of ₹602.00 is trading 22.4% below its estimated GF Value™ of ₹775.61. GuruFocus considers Foce India to be Modestly Undervalued.

Key valuation signals for NSE:FOCE:

  • Asset Turnover: 0.34
  • GF Value™: ₹775.61 vs. price of ₹602.00 (22.4% below fair value)
  • GF Score™: 80/100 with 4 warning signs

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


Foce India Business Description

Address Shastri Nagar, 4, Kingston, Lokhandwala Complex, Andheri West, Mumbai, MH, IND, 400053
Foce India Ltd manufactures and imports wrist watches under various brand names. It mainly focuses on offering watches in the mid-range segment with distribution of many retail stores across the country, with an imposing list of clientele in the corporate segment. The company's product portfolio comprises analog watches, automatic watches, multifunction watches, and sunglasses across metal, silicon, and leather categories. The group's operating business segments are: Trading Activities and Renting of Immovable Property. Geographically, it operates only in India.
80GF Score

Get the complete analysis for NSE:FOCE

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

₹602.00
Price
₹775.61
GF Value