Maithan Alloys (NSE:MAITHANALL) Asset Turnover: 0.11 (As of Mar. 2026)


NSE:MAITHANALL Maithan Alloys Ltd NSE:MAITHANALL
81 GF Score
Price ₹1,034.20
GF Value ₹1,151.17
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Maithan Alloys Asset Turnover?

Maithan Alloys NSE:MAITHANALL +3.06% 81 Asset Turnover is 0.11 as of Mar. 2026. GuruFocus rates NSE:MAITHANALL with a GF Score™ of 81/100 and a GF Value™ of ₹1,151.17 (Modestly Undervalued). The stock has 6 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. Maithan Alloys's Revenue for the three months ended in Mar. 2026 was ₹5,592 Mil. Maithan Alloys's Total Assets for the quarter that ended in Mar. 2026 was ₹48,937 Mil. Therefore, Maithan Alloys's Asset Turnover for the quarter that ended in Mar. 2026 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Maithan Alloys's annualized ROE % for the quarter that ended in Mar. 2026 was -6.80%. It is also linked to ROA % through Du Pont Formula. Maithan Alloys's annualized ROA % for the quarter that ended in Mar. 2026 was -5.76%.


Maithan Alloys  (NSE:MAITHANALL) Asset Turnover Explanation

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

Maithan Alloys's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-2817.6/41459.6
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2817.6 / 22367.2)*(22367.2 / 48936.5)*(48936.5/ 41459.6)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.6 %*0.4571*1.1803
=ROA %*Equity Multiplier
=-5.76 %*1.1803
=-6.80 %

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:

Maithan Alloys's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-2817.6/48936.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2817.6 / 22367.2)*(22367.2 / 48936.5)
=Net Margin %*Asset Turnover
=-12.6 %*0.4571
=-5.76 %

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.


Maithan Alloys Asset Turnover Related Terms


Maithan Alloys Asset Turnover Historical Data

* Premium members only.

The historical data trend for Maithan Alloys'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.

Maithan Alloys Asset Turnover Chart

Maithan Alloys 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 1.26 0.96 0.51 0.43 0.45

Maithan Alloys 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 0.09 0.13 0.09 0.09 0.11

NSE:MAITHANALL vs NUE, STLD, RS: Asset Turnover Comparison

For the Steel subindustry, Maithan Alloys'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.


Maithan Alloys Asset Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Maithan Alloys's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Maithan Alloys's Asset Turnover falls into.


NSE:MAITHANALL
81GF Score
Maithan Alloys Ltd NSE:MAITHANALL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maithan Alloys Asset Turnover Calculation

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

Maithan Alloys'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 )
=21725.9/( (48489.4+48936.5)/ 2 )
=21725.9/48712.95
=0.45

Maithan Alloys'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 )
=5591.8/( (0+48936.5)/ 1 )
=5591.8/48936.5
=0.11

* 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 0.11 mean?
Maithan Alloys (NSE:MAITHANALL) has a Asset Turnover of 0.11 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Maithan Alloys and its competitors.
Is Maithan Alloys' Asset Turnover too high?
Maithan Alloys' current Asset Turnover is 0.11. Overall, Maithan Alloys has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maithan Alloys' Asset Turnover compare to NUE and STLD?
Maithan Alloys' Asset Turnover of 0.11 can be compared against companies in the Steel 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 Steel company?
A good Asset Turnover depends on the Steel 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 Maithan Alloys and its competitors. Maithan Alloys's current Asset Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maithan Alloys stock overvalued right now?
Based on GuruFocus' analysis, Maithan Alloys (NSE:MAITHANALL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,151.17, compared to a current price of ₹1,034.20 — trading 10.2% below its estimated fair value. The current Asset Turnover is 0.11. Maithan Alloys' overall GF Score™ is 81/100 with 6 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 Maithan Alloys (NSE:MAITHANALL), the current Asset Turnover is 0.11 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 Maithan Alloys (NSE:MAITHANALL) Overvalued in 2026?

Based on GuruFocus' analysis, Maithan Alloys stock appears to be undervalued. The current stock price of ₹1,034.20 is trading 10.2% below its estimated GF Value™ of ₹1,151.17. GuruFocus considers Maithan Alloys to be Modestly Undervalued.

Key valuation signals for NSE:MAITHANALL:

  • Asset Turnover: 0.11
  • GF Value™: ₹1,151.17 vs. price of ₹1,034.20 (10.2% below fair value)
  • GF Score™: 81/100 with 6 warning signs

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


Maithan Alloys Business Description

Other Exchanges 590078:India
Address Village Debipur, P.O. Kalyaneshwari, District Paschim Bardhaman, Burdwan, WB, IND, 713369
Maithan Alloys Ltd is an India-based company engaged in the business of manufacturing and exporting all three bulk Ferroalloys- Ferro Manganese, Silico Manganese, and Ferro Silicon. It is also involved in the generation and supply of Wind Power and has a Captive Power Plant. Geographically the group has a business presence in India and Outside India, of which key revenue is derived from Outside India.
81GF Score

Get the complete analysis for NSE:MAITHANALL

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

₹1,034.20
Price
₹1,151.17
GF Value