MEP Infrastructure Developers (NSE:MEP) Asset Turnover: 0.02 (As of Mar. 2024)


NSE:MEP MEP Infrastructure Developers Ltd NSE:MEP
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What is MEP Infrastructure Developers Asset Turnover?

MEP Infrastructure Developers NSE:MEP -1.35% 4 Asset Turnover is 0.02 as of Mar. 2024. GuruFocus rates NSE:MEP with a GF Score™ of 4/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. MEP Infrastructure Developers's Revenue for the three months ended in Mar. 2024 was ₹347.8 Mil. MEP Infrastructure Developers's Total Assets for the quarter that ended in Mar. 2024 was ₹22,265.3 Mil. Therefore, MEP Infrastructure Developers's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. MEP Infrastructure Developers's annualized ROE % for the quarter that ended in Mar. 2024 was 196.74%. It is also linked to ROA % through Du Pont Formula. MEP Infrastructure Developers's annualized ROA % for the quarter that ended in Mar. 2024 was -116.02%.


MEP Infrastructure Developers  (NSE:MEP) Asset Turnover Explanation

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

MEP Infrastructure Developers's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-25832.34/-13130.263
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25832.34 / 1391.168)*(1391.168 / 22265.347)*(22265.347/ -13130.263)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1856.88 %*0.0625*-1.6957
=ROA %*Equity Multiplier
=-116.02 %*-1.6957
=196.74 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

MEP Infrastructure Developers's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-25832.34/22265.347
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-25832.34 / 1391.168)*(1391.168 / 22265.347)
=Net Margin %*Asset Turnover
=-1856.88 %*0.0625
=-116.02 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


MEP Infrastructure Developers Asset Turnover Related Terms


MEP Infrastructure Developers Asset Turnover Historical Data

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The historical data trend for MEP Infrastructure Developers'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.

MEP Infrastructure Developers Asset Turnover Chart

MEP Infrastructure Developers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.23 0.23 0.07 0.03

MEP Infrastructure Developers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.00 0.00 0.00 0.01 0.02

NSE:MEP vs VRRM: Asset Turnover Comparison

For the Infrastructure Operations subindustry, MEP Infrastructure Developers'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.


MEP Infrastructure Developers Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, MEP Infrastructure Developers's Asset Turnover distribution charts can be found below:

* The bar in red indicates where MEP Infrastructure Developers's Asset Turnover falls into.


NSE:MEP
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MEP Infrastructure Developers Ltd NSE:MEP
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MEP Infrastructure Developers Asset Turnover Calculation

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

MEP Infrastructure Developers's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=731.652/( (32072.794+22265.347)/ 2 )
=731.652/27169.0705
=0.03

MEP Infrastructure Developers's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=347.792/( (0+22265.347)/ 1 )
=347.792/22265.347
=0.02

* 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 0.02 mean?
MEP Infrastructure Developers (NSE:MEP) has a Asset Turnover of 0.02 as of Mar. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on MEP Infrastructure Developers and its competitors.
Is MEP Infrastructure Developers' Asset Turnover too high?
MEP Infrastructure Developers' current Asset Turnover is 0.02. Overall, MEP Infrastructure Developers has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does MEP Infrastructure Developers' Asset Turnover compare to VRRM?
MEP Infrastructure Developers' Asset Turnover of 0.02 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 MEP Infrastructure Developers and its competitors. MEP Infrastructure Developers's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEP Infrastructure Developers stock overvalued right now?
MEP Infrastructure Developers (NSE:MEP) has a current Asset Turnover of 0.02. The current Asset Turnover is 0.02. MEP Infrastructure Developers' overall GF Score™ is 4/100. 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 MEP Infrastructure Developers (NSE:MEP), the current Asset Turnover is 0.02 as of Mar. 2024. 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.

MEP Infrastructure Developers Business Description

Address Hindu Colony, Sir Bhalchandra Road, 2102, Floor-21st, Plot-62, Kesar Equinox, Dadar (East), Mumbai, MH, IND, 400014
MEP Infrastructure Developers Ltd is an India-based infrastructure company. It is engaged in the business activities of road construction, operation, maintenance and toll collection. The group operates in the business segments of Toll collection, Operation and Maintenance, and Construction. It generates maximum revenue from the Toll collection and repairs and maintenance segments. The company provides toll management service and assists its clients in addressing the complexities of the implementation and operation of toll systems. The organization also helps in the installation of electronic toll and cash collection systems, communication networks, and intelligent transportation systems. It principally operates in India.
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