Goldstar Power (NSE:GOLDSTAR) Asset Turnover: 0.92 (As of Mar. 2025)


NSE:GOLDSTAR Goldstar Power Ltd NSE:GOLDSTAR
66 GF Score
Price ₹8.20
GF Value ₹10.86
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Goldstar Power Asset Turnover?

Goldstar Power NSE:GOLDSTAR +4.46% 66 Asset Turnover is 0.92 as of Mar. 2025. GuruFocus rates NSE:GOLDSTAR with a GF Score™ of 66/100 and a GF Value™ of ₹10.86 (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. Goldstar Power's Revenue for the six months ended in Mar. 2025 was ₹483.4 Mil. Goldstar Power's Total Assets for the quarter that ended in Mar. 2025 was ₹526.4 Mil. Therefore, Goldstar Power's Asset Turnover for the quarter that ended in Mar. 2025 was 0.92.

Asset Turnover is linked to ROE % through Du Pont Formula. Goldstar Power's annualized ROE % for the quarter that ended in Mar. 2025 was 15.55%. It is also linked to ROA % through Du Pont Formula. Goldstar Power's annualized ROA % for the quarter that ended in Mar. 2025 was 8.66%.

Goldstar Power  (NSE:GOLDSTAR) Asset Turnover Explanation

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

Goldstar Power's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=45.6/293.317
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(45.6 / 966.854)*(966.854 / 526.3825)*(526.3825/ 293.317)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.72 %*1.8368*1.7946
=ROA %*Equity Multiplier
=8.66 %*1.7946
=15.55 %

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:

Goldstar Power's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=45.6/526.3825
=(Net Income / Revenue)*(Revenue / Total Assets)
=(45.6 / 966.854)*(966.854 / 526.3825)
=Net Margin %*Asset Turnover
=4.72 %*1.8368
=8.66 %

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.

Goldstar Power Asset Turnover Related Terms

Goldstar Power Asset Turnover Historical Data

* Premium members only.

The historical data trend for Goldstar Power'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.

Goldstar Power Asset Turnover Chart

Goldstar Power 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 1.11 1.04 1.10 1.02 0.92

Goldstar Power Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 1.04 1.10 1.02 0.92

NSE:GOLDSTAR vs VRT, BE: Asset Turnover Comparison

For the Electrical Equipment & Parts subindustry, Goldstar Power'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.

Goldstar Power Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goldstar Power's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Goldstar Power's Asset Turnover falls into.


NSE:GOLDSTAR
66GF Score
Goldstar Power Ltd NSE:GOLDSTAR
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Goldstar Power Asset Turnover Calculation

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

Goldstar Power'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 )
=483.427/( (538.433+514.332)/ 2 )
=483.427/526.3825
=0.92

Goldstar Power'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: Mar. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=483.427/( (538.433+514.332)/ 2 )
=483.427/526.3825
=0.92

* 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 0.92 mean?
Goldstar Power (NSE:GOLDSTAR) has a Asset Turnover of 0.92 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Goldstar Power and its competitors.
Is Goldstar Power's Asset Turnover too high?
Goldstar Power's current Asset Turnover is 0.92. Overall, Goldstar Power has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldstar Power's Asset Turnover compare to VRT and BE?
Goldstar Power's Asset Turnover of 0.92 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 Goldstar Power and its competitors. Goldstar Power's current Asset Turnover is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldstar Power stock overvalued right now?
Based on GuruFocus' analysis, Goldstar Power (NSE:GOLDSTAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹10.86, compared to a current price of ₹8.20 — trading 24.5% below its estimated fair value. The current Asset Turnover is 0.92. Goldstar Power'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 Goldstar Power (NSE:GOLDSTAR), the current Asset Turnover is 0.92 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 Goldstar Power (NSE:GOLDSTAR) Overvalued in 2026?

Based on GuruFocus' analysis, Goldstar Power stock appears to be undervalued. The current stock price of ₹8.20 is trading 24.5% below its estimated GF Value™ of ₹10.86. GuruFocus considers Goldstar Power to be Modestly Undervalued.

Key valuation signals for NSE:GOLDSTAR:

  • Asset Turnover: 0.92
  • GF Value™: ₹10.86 vs. price of ₹8.20 (24.5% below fair value)
  • GF Score™: 66/100 with 3 warning signs

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

Goldstar Power Business Description

Address Rajkot Highway, Behind Ravi Petrol Pump, At & Post Hapa, Jamanagar, GJ, IND, 361120
Goldstar Power Ltd is a battery manufacturing company. It sells its products under the brand GOLDSTAR that includes Fully Automotive Batteries for Car, Tractor, and Heavy Duty Trucks, Tubular Batteries for E-Rickshaw, SMF-VRLA Batteries for UPS Application, Motorcycle Batteries, Solar Batteries, Pure Lead, and Alloy. The company has two reportable segments: Manufacturing of Battery, Lead Alloy, and Trading of Inverter, Chemicals & other battery related equipment. Key revenue is generated from the Manufacturing of Battery, Lead Alloy segment.
66GF Score

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

₹8.20
Price
₹10.86
GF Value