Kovai Medical Center & Hospital (NSE:KOVAI) Asset Turnover: 0.20 (As of Mar. 2026)


NSE:KOVAI Kovai Medical Center & Hospital Ltd NSE:KOVAI
75 GF Score
Price ₹6,019.00
GF Value ₹3,221.25
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Kovai Medical Center & Hospital Asset Turnover?

Kovai Medical Center & Hospital NSE:KOVAI -1.14% 75 Asset Turnover is 0.20 as of Mar. 2026. GuruFocus rates NSE:KOVAI with a GF Score™ of 75/100 and a GF Value™ of ₹3,221.25 (Significantly Overvalued). The stock has 1 warning sign 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. Kovai Medical Center & Hospital's Revenue for the three months ended in Mar. 2026 was ₹4,132 Mil. Kovai Medical Center & Hospital's Total Assets for the quarter that ended in Mar. 2026 was ₹20,661 Mil. Therefore, Kovai Medical Center & Hospital's Asset Turnover for the quarter that ended in Mar. 2026 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Kovai Medical Center & Hospital's annualized ROE % for the quarter that ended in Mar. 2026 was 18.10%. It is also linked to ROA % through Du Pont Formula. Kovai Medical Center & Hospital's annualized ROA % for the quarter that ended in Mar. 2026 was 11.56%.


Kovai Medical Center & Hospital  (NSE:KOVAI) Asset Turnover Explanation

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

Kovai Medical Center & Hospital's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2387.44/13192.652
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2387.44 / 16527.976)*(16527.976 / 20660.811)*(20660.811/ 13192.652)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.44 %*0.8*1.5661
=ROA %*Equity Multiplier
=11.56 %*1.5661
=18.10 %

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:

Kovai Medical Center & Hospital's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2387.44/20660.811
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2387.44 / 16527.976)*(16527.976 / 20660.811)
=Net Margin %*Asset Turnover
=14.44 %*0.8
=11.56 %

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.


Kovai Medical Center & Hospital Asset Turnover Related Terms


Kovai Medical Center & Hospital Asset Turnover Historical Data

* Premium members only.

The historical data trend for Kovai Medical Center & Hospital'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.

Kovai Medical Center & Hospital Asset Turnover Chart

Kovai Medical Center & Hospital 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 0.69 0.69 0.79 0.85 0.82

Kovai Medical Center & Hospital 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 0.20 0.21 0.20 0.21 0.20

NSE:KOVAI vs HCA, THC, DVA: Asset Turnover Comparison

For the Medical Care Facilities subindustry, Kovai Medical Center & Hospital'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.


Kovai Medical Center & Hospital Asset Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kovai Medical Center & Hospital's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Kovai Medical Center & Hospital's Asset Turnover falls into.


NSE:KOVAI
75GF Score
Kovai Medical Center & Hospital Ltd NSE:KOVAI
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kovai Medical Center & Hospital Asset Turnover Calculation

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

Kovai Medical Center & Hospital'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 )
=15841.516/( (17999.144+20660.811)/ 2 )
=15841.516/19329.9775
=0.82

Kovai Medical Center & Hospital'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 )
=4131.994/( (0+20660.811)/ 1 )
=4131.994/20660.811
=0.20

* 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 0.20 mean?
Kovai Medical Center & Hospital (NSE:KOVAI) has a Asset Turnover of 0.20 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Kovai Medical Center & Hospital and its competitors.
Is Kovai Medical Center & Hospital's Asset Turnover too high?
Kovai Medical Center & Hospital's current Asset Turnover is 0.20. Overall, Kovai Medical Center & Hospital has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kovai Medical Center & Hospital's Asset Turnover compare to HCA and THC?
Kovai Medical Center & Hospital's Asset Turnover of 0.20 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Asset Turnover depends on the Healthcare Providers & Services 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 Kovai Medical Center & Hospital and its competitors. Kovai Medical Center & Hospital's current Asset Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kovai Medical Center & Hospital stock overvalued right now?
Based on GuruFocus' analysis, Kovai Medical Center & Hospital (NSE:KOVAI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,221.25, compared to a current price of ₹6,019.00 — trading 86.9% above its estimated fair value. The current Asset Turnover is 0.20. Kovai Medical Center & Hospital's overall GF Score™ is 75/100 with 1 warning sign 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 Kovai Medical Center & Hospital (NSE:KOVAI), the current Asset Turnover is 0.20 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 Kovai Medical Center & Hospital (NSE:KOVAI) Overvalued in 2026?

Based on GuruFocus' analysis, Kovai Medical Center & Hospital stock appears to be overvalued. The current stock price of ₹6,019.00 is trading 86.9% above its estimated GF Value™ of ₹3,221.25. GuruFocus considers Kovai Medical Center & Hospital to be Significantly Overvalued.

Key valuation signals for NSE:KOVAI:

  • Asset Turnover: 0.20
  • GF Value™: ₹3,221.25 vs. price of ₹6,019.00 (86.9% above fair value)
  • GF Score™: 75/100 with 1 warning sign

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


Kovai Medical Center & Hospital Business Description

Other Exchanges 523323:India
Address No. 99, Avanashi Road, Post Box No. 3209, Coimbatore, TN, IND, 641 014
Kovai Medical Center & Hospital Ltd provides hospital services to inpatients and outpatients. The company's operating segments include Healthcare Services and Education Services. It generates maximum revenue from the Healthcare segment. The company operates various medical facilities, which provide services related to critical care medicine, dermatology, emergency, Endocrinology and Diabetology, Fertility and reproductive medicine, gastroenterology, neonatology, nephrology, neurology, obstetrics and gynecology, pediatric surgery, pulmonology, psychological medicine, and rheumatology, as well as health check programs and pediatrics.
75GF Score

Get the complete analysis for NSE:KOVAI

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

₹6,019.00
Price
₹3,221.25
GF Value