Paramount Speciality Forgings (NSE:PSFL) Asset Turnover: 0.98 (As of Mar. 2025)


NSE:PSFL Paramount Speciality Forgings Ltd NSE:PSFL
13 GF Score
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What is Paramount Speciality Forgings Asset Turnover?

Paramount Speciality Forgings NSE:PSFL -5.41% 13 Asset Turnover is 0.98 as of Mar. 2025. GuruFocus rates NSE:PSFL with a GF Score™ of 13/100. The stock has 5 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. Paramount Speciality Forgings's Revenue for the six months ended in Mar. 2025 was ₹969.5 Mil. Paramount Speciality Forgings's Total Assets for the quarter that ended in Mar. 2025 was ₹987.2 Mil. Therefore, Paramount Speciality Forgings's Asset Turnover for the quarter that ended in Mar. 2025 was 0.98.

Asset Turnover is linked to ROE % through Du Pont Formula. Paramount Speciality Forgings's annualized ROE % for the quarter that ended in Mar. 2025 was 23.83%. It is also linked to ROA % through Du Pont Formula. Paramount Speciality Forgings's annualized ROA % for the quarter that ended in Mar. 2025 was 9.05%.


Paramount Speciality Forgings  (NSE:PSFL) Asset Turnover Explanation

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

Paramount Speciality Forgings's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=89.314/374.7385
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(89.314 / 1939.036)*(1939.036 / 987.232)*(987.232/ 374.7385)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.61 %*1.9641*2.6345
=ROA %*Equity Multiplier
=9.05 %*2.6345
=23.83 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 2025) 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:

Paramount Speciality Forgings's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=89.314/987.232
=(Net Income / Revenue)*(Revenue / Total Assets)
=(89.314 / 1939.036)*(1939.036 / 987.232)
=Net Margin %*Asset Turnover
=4.61 %*1.9641
=9.05 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 2025) 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.


Paramount Speciality Forgings Asset Turnover Related Terms


Paramount Speciality Forgings Asset Turnover Historical Data

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The historical data trend for Paramount Speciality Forgings'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.

Paramount Speciality Forgings Asset Turnover Chart

Paramount Speciality Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover
0.94 1.44 1.52 1.20 0.98

Paramount Speciality Forgings Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover 0.94 1.44 1.52 1.20 0.98

NSE:PSFL vs CRS, ATI, MLI: Asset Turnover Comparison

For the Metal Fabrication subindustry, Paramount Speciality Forgings'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.


Paramount Speciality Forgings Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Paramount Speciality Forgings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Paramount Speciality Forgings's Asset Turnover falls into.


NSE:PSFL
13GF Score
Paramount Speciality Forgings Ltd NSE:PSFL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Paramount Speciality Forgings Asset Turnover Calculation

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

Paramount Speciality Forgings's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=969.518/( (809.859+1164.605)/ 2 )
=969.518/987.232
=0.98

Paramount Speciality Forgings's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=969.518/( (809.859+1164.605)/ 2 )
=969.518/987.232
=0.98

* 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 0.98 mean?
Paramount Speciality Forgings (NSE:PSFL) has a Asset Turnover of 0.98 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Paramount Speciality Forgings and its competitors.
Is Paramount Speciality Forgings' Asset Turnover too high?
Paramount Speciality Forgings' current Asset Turnover is 0.98. Overall, Paramount Speciality Forgings has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Paramount Speciality Forgings' Asset Turnover compare to CRS and ATI?
Paramount Speciality Forgings' Asset Turnover of 0.98 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 Paramount Speciality Forgings and its competitors. Paramount Speciality Forgings's current Asset Turnover is 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paramount Speciality Forgings stock overvalued right now?
Paramount Speciality Forgings (NSE:PSFL) has a current Asset Turnover of 0.98. The current Asset Turnover is 0.98. Paramount Speciality Forgings' overall GF Score™ is 13/100 with 5 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 Paramount Speciality Forgings (NSE:PSFL), the current Asset Turnover is 0.98 as of Mar. 2025. 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.

Paramount Speciality Forgings Business Description

Address Dr. Mascarenhas Road, 3/1, Guru Himmat Building, Anjirwadi, Mazgaon, Mumbai, MH, IND, 400010
Paramount Speciality Forgings Ltd is engaged in manufacturing steel forgings in India. It manufactures and provides forged components ranging in weight from one kilogram to four metric tons in rough or finish-machined condition. Its products are used in industries such as Petrochemicals, Chemicals, Fertilizers, Oil and Gas, Nuclear Power, and other heavy engineering sectors. The company only operates in the sale of carbon steel and stainless steel flanges and fittings, and other engineering goods made from steel and stainless steel, or any other goods and merchandise.
13GF Score

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

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