Rhetan TMT (NSE:RHETAN) Asset Turnover: 0.05 (As of Mar. 2026)

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NSE:RHETAN Rhetan TMT Ltd NSE:RHETAN
42 GF Score
Price ₹28.48
GF Value ₹7.59
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Rhetan TMT Asset Turnover?

Rhetan TMT NSE:RHETAN +1.57% 42 Asset Turnover is 0.05 as of Mar. 2026. GuruFocus rates NSE:RHETAN with a GF Score™ of 42/100 and a GF Value™ of ₹7.59 (Significantly Overvalued). 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. Rhetan TMT's Revenue for the three months ended in Mar. 2026 was ₹84.9 Mil. Rhetan TMT's Total Assets for the quarter that ended in Mar. 2026 was ₹1,651.2 Mil. Therefore, Rhetan TMT's Asset Turnover for the quarter that ended in Mar. 2026 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Rhetan TMT's annualized ROE % for the quarter that ended in Mar. 2026 was 8.17%. It is also linked to ROA % through Du Pont Formula. Rhetan TMT's annualized ROA % for the quarter that ended in Mar. 2026 was 5.37%.


Rhetan TMT  (NSE:RHETAN) Asset Turnover Explanation

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

Rhetan TMT's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=88.74/1086.141
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(88.74 / 339.704)*(339.704 / 1651.161)*(1651.161/ 1086.141)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.12 %*0.2057*1.5202
=ROA %*Equity Multiplier
=5.37 %*1.5202
=8.17 %

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:

Rhetan TMT's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=88.74/1651.161
=(Net Income / Revenue)*(Revenue / Total Assets)
=(88.74 / 339.704)*(339.704 / 1651.161)
=Net Margin %*Asset Turnover
=26.12 %*0.2057
=5.37 %

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.


Rhetan TMT Asset Turnover Related Terms


Rhetan TMT Asset Turnover Historical Data

* Premium members only.

The historical data trend for Rhetan TMT'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.

Rhetan TMT Asset Turnover Chart

Rhetan TMT Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 1.37 1.00 0.57 0.31 0.17

Rhetan TMT Quarterly Data
Mar20 Mar21 Mar22 Sep22 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 0.05 0.04 0.03 0.04 0.05

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

For the Steel subindustry, Rhetan TMT'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.


Rhetan TMT Asset Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Rhetan TMT's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Rhetan TMT's Asset Turnover falls into.


NSE:RHETAN
42GF Score
Rhetan TMT Ltd NSE:RHETAN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rhetan TMT Asset Turnover Calculation

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

Rhetan TMT'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 )
=244.407/( (1235.042+1651.161)/ 2 )
=244.407/1443.1015
=0.17

Rhetan TMT'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 )
=84.926/( (0+1651.161)/ 1 )
=84.926/1651.161
=0.05

* 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 0.05 mean?
Rhetan TMT (NSE:RHETAN) has a Asset Turnover of 0.05 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Rhetan TMT and its competitors.
Is Rhetan TMT's Asset Turnover too high?
Rhetan TMT's current Asset Turnover is 0.05. Overall, Rhetan TMT has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rhetan TMT's Asset Turnover compare to NUE and STLD?
Rhetan TMT's Asset Turnover of 0.05 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 Rhetan TMT and its competitors. Rhetan TMT's current Asset Turnover is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rhetan TMT stock overvalued right now?
Based on GuruFocus' analysis, Rhetan TMT (NSE:RHETAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹7.59, compared to a current price of ₹28.48 — trading 275.2% above its estimated fair value. The current Asset Turnover is 0.05. Rhetan TMT's overall GF Score™ is 42/100 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 Rhetan TMT (NSE:RHETAN), the current Asset Turnover is 0.05 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 Rhetan TMT (NSE:RHETAN) Overvalued in 2026?

Based on GuruFocus' analysis, Rhetan TMT stock appears to be overvalued. The current stock price of ₹28.48 is trading 275.2% above its estimated GF Value™ of ₹7.59. GuruFocus considers Rhetan TMT to be Significantly Overvalued.

Key valuation signals for NSE:RHETAN:

  • Asset Turnover: 0.05
  • GF Value™: ₹7.59 vs. price of ₹28.48 (275.2% above fair value)
  • GF Score™: 42/100 with 6 warning signs

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


Rhetan TMT Business Description

Other Exchanges 543590:India
Address Rasala Marg, Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Mithakhali, Ahmedabad, GJ, IND, 380006
Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.
42GF Score

Get the complete analysis for NSE:RHETAN

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

₹28.48
Price
₹7.59
GF Value