Igarashi Motors India (NSE:IGARASHI) Asset Turnover: 0.27 (As of Mar. 2026)


NSE:IGARASHI Igarashi Motors India Ltd NSE:IGARASHI
74 GF Score
Price ₹482.80
GF Value ₹643.38
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Igarashi Motors India Asset Turnover?

Igarashi Motors India NSE:IGARASHI +0.77% 74 Asset Turnover is 0.27 as of Mar. 2026. GuruFocus rates NSE:IGARASHI with a GF Score™ of 74/100 and a GF Value™ of ₹643.38 (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. Igarashi Motors India's Revenue for the three months ended in Mar. 2026 was ₹2,260 Mil. Igarashi Motors India's Total Assets for the quarter that ended in Mar. 2026 was ₹8,343 Mil. Therefore, Igarashi Motors India's Asset Turnover for the quarter that ended in Mar. 2026 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. Igarashi Motors India's annualized ROE % for the quarter that ended in Mar. 2026 was 1.37%. It is also linked to ROA % through Du Pont Formula. Igarashi Motors India's annualized ROA % for the quarter that ended in Mar. 2026 was 0.76%.


Igarashi Motors India  (NSE:IGARASHI) Asset Turnover Explanation

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

Igarashi Motors India's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=63.796/4666.294
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(63.796 / 9038.748)*(9038.748 / 8342.932)*(8342.932/ 4666.294)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.71 %*1.0834*1.7879
=ROA %*Equity Multiplier
=0.76 %*1.7879
=1.37 %

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:

Igarashi Motors India's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=63.796/8342.932
=(Net Income / Revenue)*(Revenue / Total Assets)
=(63.796 / 9038.748)*(9038.748 / 8342.932)
=Net Margin %*Asset Turnover
=0.71 %*1.0834
=0.76 %

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.


Igarashi Motors India Asset Turnover Related Terms


Igarashi Motors India Asset Turnover Historical Data

* Premium members only.

The historical data trend for Igarashi Motors 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.

Igarashi Motors India Asset Turnover Chart

Igarashi Motors India 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 0.79 0.91 0.94 1.08 1.08

Igarashi Motors India 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 0.24 0.26 0.27 0.27 0.27

NSE:IGARASHI vs ORLY, AZO: Asset Turnover Comparison

For the Auto Parts subindustry, Igarashi Motors 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.


Igarashi Motors India Asset Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Igarashi Motors India's Asset Turnover distribution charts can be found below:

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


NSE:IGARASHI
74GF Score
Igarashi Motors India Ltd NSE:IGARASHI
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Igarashi Motors India Asset Turnover Calculation

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

Igarashi Motors India'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 )
=8659.189/( (7750.112+8342.932)/ 2 )
=8659.189/8046.522
=1.08

Igarashi Motors India'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 )
=2259.687/( (0+8342.932)/ 1 )
=2259.687/8342.932
=0.27

* 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 0.27 mean?
Igarashi Motors India (NSE:IGARASHI) has a Asset Turnover of 0.27 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Igarashi Motors India and its competitors.
Is Igarashi Motors India's Asset Turnover too high?
Igarashi Motors India's current Asset Turnover is 0.27. Overall, Igarashi Motors India has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Igarashi Motors India's Asset Turnover compare to ORLY and AZO?
Igarashi Motors India's Asset Turnover of 0.27 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts 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 Igarashi Motors India and its competitors. Igarashi Motors India's current Asset Turnover is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Igarashi Motors India stock overvalued right now?
Based on GuruFocus' analysis, Igarashi Motors India (NSE:IGARASHI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹643.38, compared to a current price of ₹482.80 — trading 25% below its estimated fair value. The current Asset Turnover is 0.27. Igarashi Motors India's overall GF Score™ is 74/100 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 Igarashi Motors India (NSE:IGARASHI), the current Asset Turnover is 0.27 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 Igarashi Motors India (NSE:IGARASHI) Overvalued in 2026?

Based on GuruFocus' analysis, Igarashi Motors India stock appears to be undervalued. The current stock price of ₹482.80 is trading 25% below its estimated GF Value™ of ₹643.38. GuruFocus considers Igarashi Motors India to be Modestly Undervalued.

Key valuation signals for NSE:IGARASHI:

  • Asset Turnover: 0.27
  • GF Value™: ₹643.38 vs. price of ₹482.80 (25% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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


Igarashi Motors India Business Description

Other Exchanges 517380:India
Address Plot No. B-12 to B-15, Phase II, MEPZ - SEZ, Tambaram, Chennai, TN, IND, 600 045
Igarashi Motors India Ltd produces micro motors and their accessories mainly for the automotive sector. It is engaged in designing and manufacturing small, permanent magnet DC motors. It has operations in India, Korea, the USA, Europe, and China, and the rest of the world. The company drives the majority of its sales in India.
74GF Score

Get the complete analysis for NSE:IGARASHI

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

₹482.80
Price
₹643.38
GF Value