Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) Asset Turnover: 0.41 (As of Mar. 2026)


NSE:MVGJL Manoj Vaibhav Gems N Jewellers Ltd NSE:MVGJL
56 GF Score
Price ₹151.78
GF Value ₹279.68
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Manoj Vaibhav Gems N Jewellers Asset Turnover?

Manoj Vaibhav Gems N Jewellers NSE:MVGJL +1.30% 56 Asset Turnover is 0.41 as of Mar. 2026. GuruFocus rates NSE:MVGJL with a GF Score™ of 56/100 and a GF Value™ of ₹279.68 (Significantly 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. Manoj Vaibhav Gems N Jewellers's Revenue for the three months ended in Mar. 2026 was ₹7,545 Mil. Manoj Vaibhav Gems N Jewellers's Total Assets for the quarter that ended in Mar. 2026 was ₹18,649 Mil. Therefore, Manoj Vaibhav Gems N Jewellers's Asset Turnover for the quarter that ended in Mar. 2026 was 0.41.

Asset Turnover is linked to ROE % through Du Pont Formula. Manoj Vaibhav Gems N Jewellers's annualized ROE % for the quarter that ended in Mar. 2026 was 13.52%. It is also linked to ROA % through Du Pont Formula. Manoj Vaibhav Gems N Jewellers's annualized ROA % for the quarter that ended in Mar. 2026 was 6.04%.


Manoj Vaibhav Gems N Jewellers  (NSE:MVGJL) Asset Turnover Explanation

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

Manoj Vaibhav Gems N Jewellers's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1126.4/8333.6
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1126.4 / 30178.8)*(30178.8 / 18648.6)*(18648.6/ 8333.6)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.73 %*1.6183*2.2378
=ROA %*Equity Multiplier
=6.04 %*2.2378
=13.52 %

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:

Manoj Vaibhav Gems N Jewellers's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1126.4/18648.6
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1126.4 / 30178.8)*(30178.8 / 18648.6)
=Net Margin %*Asset Turnover
=3.73 %*1.6183
=6.04 %

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.


Manoj Vaibhav Gems N Jewellers Asset Turnover Related Terms


Manoj Vaibhav Gems N Jewellers Asset Turnover Historical Data

* Premium members only.

The historical data trend for Manoj Vaibhav Gems N Jewellers'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.

Manoj Vaibhav Gems N Jewellers Asset Turnover Chart

Manoj Vaibhav Gems N Jewellers Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 1.99 2.05 1.74 1.65 1.63

Manoj Vaibhav Gems N Jewellers Quarterly Data
Mar20 Mar21 Mar22 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 0.47 0.37 0.47 0.43 0.41

NSE:MVGJL vs TPR: Asset Turnover Comparison

For the Luxury Goods subindustry, Manoj Vaibhav Gems N Jewellers'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.


Manoj Vaibhav Gems N Jewellers Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Vaibhav Gems N Jewellers's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Manoj Vaibhav Gems N Jewellers's Asset Turnover falls into.


NSE:MVGJL
56GF Score
Manoj Vaibhav Gems N Jewellers Ltd NSE:MVGJL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Manoj Vaibhav Gems N Jewellers Asset Turnover Calculation

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

Manoj Vaibhav Gems N Jewellers'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 )
=27440.3/( (14980.88+18648.6)/ 2 )
=27440.3/16814.74
=1.63

Manoj Vaibhav Gems N Jewellers'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 )
=7544.7/( (0+18648.6)/ 1 )
=7544.7/18648.6
=0.40

* 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 0.41 mean?
Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) has a Asset Turnover of 0.41 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Manoj Vaibhav Gems N Jewellers and its competitors.
Is Manoj Vaibhav Gems N Jewellers' Asset Turnover too high?
Manoj Vaibhav Gems N Jewellers' current Asset Turnover is 0.41. Overall, Manoj Vaibhav Gems N Jewellers has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manoj Vaibhav Gems N Jewellers' Asset Turnover compare to TPR?
Manoj Vaibhav Gems N Jewellers' Asset Turnover of 0.41 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical 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 Manoj Vaibhav Gems N Jewellers and its competitors. Manoj Vaibhav Gems N Jewellers's current Asset Turnover is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manoj Vaibhav Gems N Jewellers stock overvalued right now?
Based on GuruFocus' analysis, Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹279.68, compared to a current price of ₹151.78 — trading 45.7% below its estimated fair value. The current Asset Turnover is 0.41. Manoj Vaibhav Gems N Jewellers' overall GF Score™ is 56/100 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 Manoj Vaibhav Gems N Jewellers (NSE:MVGJL), the current Asset Turnover is 0.41 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 Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) Overvalued in 2026?

Based on GuruFocus' analysis, Manoj Vaibhav Gems N Jewellers stock appears to be undervalued. The current stock price of ₹151.78 is trading 45.7% below its estimated GF Value™ of ₹279.68. GuruFocus considers Manoj Vaibhav Gems N Jewellers to be Significantly Undervalued.

Key valuation signals for NSE:MVGJL:

  • Asset Turnover: 0.41
  • GF Value™: ₹279.68 vs. price of ₹151.78 (45.7% below fair value)
  • GF Score™: 56/100 with 3 warning signs

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


Manoj Vaibhav Gems N Jewellers Business Description

Other Exchanges 543995:India
Address D. No:- 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam, AP, IND, 530016
Manoj Vaibhav Gems N Jewellers Ltd is a regional jewellery brand in South India led by a first-generation woman entrepreneur. It caters to all economic segments of the micro markets of Andhra Pradesh and Telangana through its dedicated branded showrooms and has a rural market focus and a dedicated urban focus, also. The company positioned itself as a retailer focused on relationships, by Design, where it focuses on offering designs, high quality, transparency, and customer service to its customers.
56GF Score

Get the complete analysis for NSE:MVGJL

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

₹151.78
Price
₹279.68
GF Value