Pattech Fitwell Tube Components (NSE:PATTECH) Asset Turnover: 0.34 (As of Mar. 2026)


NSE:PATTECH Pattech Fitwell Tube Components Ltd NSE:PATTECH
85 GF Score
Price ₹114.85
GF Value ₹125.21
Valuation Fairly Valued
! 6 Warning Signs
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What is Pattech Fitwell Tube Components Asset Turnover?

Pattech Fitwell Tube Components NSE:PATTECH 85 Asset Turnover is 0.34 as of Mar. 2026. GuruFocus rates NSE:PATTECH with a GF Score™ of 85/100 and a GF Value™ of ₹125.21 (Fairly Valued). 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. Pattech Fitwell Tube Components's Revenue for the six months ended in Mar. 2026 was ₹243.0 Mil. Pattech Fitwell Tube Components's Total Assets for the quarter that ended in Mar. 2026 was ₹710.6 Mil. Therefore, Pattech Fitwell Tube Components's Asset Turnover for the quarter that ended in Mar. 2026 was 0.34.

Asset Turnover is linked to ROE % through Du Pont Formula. Pattech Fitwell Tube Components's annualized ROE % for the quarter that ended in Mar. 2026 was 5.05%. It is also linked to ROA % through Du Pont Formula. Pattech Fitwell Tube Components's annualized ROA % for the quarter that ended in Mar. 2026 was 2.80%.


Pattech Fitwell Tube Components  (NSE:PATTECH) Asset Turnover Explanation

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

Pattech Fitwell Tube Components's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=19.902/393.9625
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(19.902 / 485.948)*(485.948 / 710.6255)*(710.6255/ 393.9625)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.1 %*0.6838*1.8038
=ROA %*Equity Multiplier
=2.80 %*1.8038
=5.05 %

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:

Pattech Fitwell Tube Components's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=19.902/710.6255
=(Net Income / Revenue)*(Revenue / Total Assets)
=(19.902 / 485.948)*(485.948 / 710.6255)
=Net Margin %*Asset Turnover
=4.1 %*0.6838
=2.80 %

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.


Pattech Fitwell Tube Components Asset Turnover Related Terms


Pattech Fitwell Tube Components Asset Turnover Historical Data

* Premium members only.

The historical data trend for Pattech Fitwell Tube Components'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.

Pattech Fitwell Tube Components Asset Turnover Chart

Pattech Fitwell Tube Components Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 1.13 0.46 1.25 1.25 0.97

Pattech Fitwell Tube Components Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.62 0.57 0.70 0.34

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

For the Steel subindustry, Pattech Fitwell Tube Components'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.


Pattech Fitwell Tube Components Asset Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Pattech Fitwell Tube Components's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Pattech Fitwell Tube Components's Asset Turnover falls into.


NSE:PATTECH
85GF Score
Pattech Fitwell Tube Components Ltd NSE:PATTECH
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Pattech Fitwell Tube Components Asset Turnover Calculation

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

Pattech Fitwell Tube Components'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 )
=597.715/( (412.515+822.981)/ 2 )
=597.715/617.748
=0.97

Pattech Fitwell Tube Components'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 )
=242.974/( (598.27+822.981)/ 2 )
=242.974/710.6255
=0.34

* 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 0.34 mean?
Pattech Fitwell Tube Components (NSE:PATTECH) has a Asset Turnover of 0.34 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Pattech Fitwell Tube Components and its competitors.
Is Pattech Fitwell Tube Components' Asset Turnover too high?
Pattech Fitwell Tube Components' current Asset Turnover is 0.34. Overall, Pattech Fitwell Tube Components has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pattech Fitwell Tube Components' Asset Turnover compare to NUE and STLD?
Pattech Fitwell Tube Components' Asset Turnover of 0.34 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 Pattech Fitwell Tube Components and its competitors. Pattech Fitwell Tube Components's current Asset Turnover is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pattech Fitwell Tube Components stock overvalued right now?
Based on GuruFocus' analysis, Pattech Fitwell Tube Components (NSE:PATTECH) is currently considered Fairly Valued. The stock's GF Value™ is ₹125.21, compared to a current price of ₹114.85 — trading 8.3% below its estimated fair value. The current Asset Turnover is 0.34. Pattech Fitwell Tube Components' overall GF Score™ is 85/100 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 Pattech Fitwell Tube Components (NSE:PATTECH), the current Asset Turnover is 0.34 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 Pattech Fitwell Tube Components (NSE:PATTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Pattech Fitwell Tube Components stock appears to be undervalued. The current stock price of ₹114.85 is trading 8.3% below its estimated GF Value™ of ₹125.21. GuruFocus considers Pattech Fitwell Tube Components to be Fairly Valued.

Key valuation signals for NSE:PATTECH:

  • Asset Turnover: 0.34
  • GF Value™: ₹125.21 vs. price of ₹114.85 (8.3% below fair value)
  • GF Score™: 85/100 with 6 warning signs

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


Pattech Fitwell Tube Components Business Description

Address Road No: 1, National Highway 08, Survey No.873/B/1, Anson Limbani Estate, Near GETCO 66 KV Substation G.I.D.C, Por, Vadodara, GJ, IND, 391243
Pattech Fitwell Tube Components Ltd is engaged in manufacturing pipe fittings, flanges, and various types of forgings and machined components, as well as pipe spools and fabrication works for various industries like fertilizers, petrochemical, power, chemical and pharmaceutical, food processing, oil and gas, desalination and water treatment, shipbuilding, defense, fabrication of process equipment, and instrumentation.
85GF Score

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

₹114.85
Price
₹125.21
GF Value