Marco Cables and Conductors (NSE:MARCO) Asset Turnover: 0.48 (As of Mar. 2026)

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NSE:MARCO Marco Cables and Conductors Ltd NSE:MARCO
54 GF Score
Price ₹30.00
GF Value ₹82.36
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Marco Cables and Conductors Asset Turnover?

Marco Cables and Conductors NSE:MARCO -2.76% 54 Asset Turnover is 0.48 as of Mar. 2026. GuruFocus rates NSE:MARCO with a GF Score™ of 54/100 and a GF Value™ of ₹82.36 (Possible Value Trap). 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. Marco Cables and Conductors's Revenue for the six months ended in Mar. 2026 was ₹488 Mil. Marco Cables and Conductors's Total Assets for the quarter that ended in Mar. 2026 was ₹1,018 Mil. Therefore, Marco Cables and Conductors's Asset Turnover for the quarter that ended in Mar. 2026 was 0.48.

Asset Turnover is linked to ROE % through Du Pont Formula. Marco Cables and Conductors's annualized ROE % for the quarter that ended in Mar. 2026 was 6.67%. It is also linked to ROA % through Du Pont Formula. Marco Cables and Conductors's annualized ROA % for the quarter that ended in Mar. 2026 was 2.34%.


Marco Cables and Conductors  (NSE:MARCO) Asset Turnover Explanation

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

Marco Cables and Conductors's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=23.852/357.829
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(23.852 / 975.822)*(975.822 / 1018.321)*(1018.321/ 357.829)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.44 %*0.9583*2.8458
=ROA %*Equity Multiplier
=2.34 %*2.8458
=6.67 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

Marco Cables and Conductors's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=23.852/1018.321
=(Net Income / Revenue)*(Revenue / Total Assets)
=(23.852 / 975.822)*(975.822 / 1018.321)
=Net Margin %*Asset Turnover
=2.44 %*0.9583
=2.34 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Marco Cables and Conductors Asset Turnover Related Terms


Marco Cables and Conductors Asset Turnover Historical Data

* Premium members only.

The historical data trend for Marco Cables and Conductors'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.

Marco Cables and Conductors Asset Turnover Chart

Marco Cables and Conductors Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 0.97 0.87 0.95 1.37 1.08

Marco Cables and Conductors Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Asset Turnover Get a 7-Day Free Trial 0.00 0.61 0.76 0.60 0.48

NSE:MARCO vs VRT, BE: Asset Turnover Comparison

For the Electrical Equipment & Parts subindustry, Marco Cables and Conductors'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.


Marco Cables and Conductors Asset Turnover vs Industrial Products Industry

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

* The bar in red indicates where Marco Cables and Conductors's Asset Turnover falls into.


NSE:MARCO
54GF Score
Marco Cables and Conductors Ltd NSE:MARCO
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marco Cables and Conductors Asset Turnover Calculation

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

Marco Cables and Conductors'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 )
=1028.213/( (828.082+1076.711)/ 2 )
=1028.213/952.3965
=1.08

Marco Cables and Conductors'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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=487.911/( (959.931+1076.711)/ 2 )
=487.911/1018.321
=0.48

* 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 0.48 mean?
Marco Cables and Conductors (NSE:MARCO) has a Asset Turnover of 0.48 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Marco Cables and Conductors and its competitors.
Is Marco Cables and Conductors' Asset Turnover too high?
Marco Cables and Conductors' current Asset Turnover is 0.48. Overall, Marco Cables and Conductors has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marco Cables and Conductors' Asset Turnover compare to VRT and BE?
Marco Cables and Conductors' Asset Turnover of 0.48 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 Marco Cables and Conductors and its competitors. Marco Cables and Conductors's current Asset Turnover is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marco Cables and Conductors stock overvalued right now?
Based on GuruFocus' analysis, Marco Cables and Conductors (NSE:MARCO) is currently considered Possible Value Trap. The stock's GF Value™ is ₹82.36, compared to a current price of ₹30.00 — trading 63.6% below its estimated fair value. The current Asset Turnover is 0.48. Marco Cables and Conductors' overall GF Score™ is 54/100 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 Marco Cables and Conductors (NSE:MARCO), the current Asset Turnover is 0.48 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 Marco Cables and Conductors (NSE:MARCO) Overvalued in 2026?

Based on GuruFocus' analysis, Marco Cables and Conductors stock appears to be undervalued. The current stock price of ₹30.00 is trading 63.6% below its estimated GF Value™ of ₹82.36. GuruFocus considers Marco Cables and Conductors to be Possible Value Trap.

Key valuation signals for NSE:MARCO:

  • Asset Turnover: 0.48
  • GF Value™: ₹82.36 vs. price of ₹30.00 (63.6% below fair value)
  • GF Score™: 54/100 with 4 warning signs

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


Marco Cables and Conductors Business Description

Address Main Road, Shop No 100, Opposite Bhai Gangaram Market, Ulhasnagar, Thane, MH, IND, 421005
Marco Cables and Conductors Ltd is engaged in the business of manufacturing and selling wires, cables wires and conductors in India. The company commenced its operations with the manufacturing of wires (with aluminium/copper conductor), LT XLPE cables, LT PVC cables, and LT Aerial Bunched Cables, including AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors. Geographically the company operates in India only. The company generates all of its revenue from the sale of finished products.
54GF Score

Get the complete analysis for NSE:MARCO

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

₹30.00
Price
₹82.36
GF Value