Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ramkrishna Forgings's Revenue for the
three
months ended in Mar. 2026 was ₹12,168 Mil. Ramkrishna Forgings's Total Assets for the quarter that ended in Mar. 2026 was ₹71,780 Mil. Therefore, Ramkrishna Forgings's Asset Turnover for the quarter that ended in Mar. 2026 was 0.17.
Asset Turnover is linked to ROE % through Du Pont Formula. Ramkrishna Forgings's annualizedROE % for the quarter that ended in Mar. 2026 was 6.80%. It is also linked to ROA % through Du Pont Formula. Ramkrishna Forgings's annualizedROA % for the quarter that ended in Mar. 2026 was 3.12%.
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:
Ramkrishna Forgings's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Ramkrishna Forgings Asset Turnover Related Terms
Ramkrishna Forgings Asset Turnover Historical Data
* Premium members only.
The historical data trend for Ramkrishna 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.
NSE:RKFORGE vs CRS, ATI, MLI: Asset Turnover Comparison
For the Metal Fabrication subindustry, Ramkrishna 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.
Ramkrishna Forgings Asset Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ramkrishna Forgings's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Ramkrishna Forgings's Asset Turnover falls into.
* 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.
Ramkrishna Forgings (NSE:RKFORGE) has a Asset Turnover of 0.17 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ramkrishna Forgings and its competitors.
Is Ramkrishna Forgings' Asset Turnover too high?
Ramkrishna Forgings' current Asset Turnover is 0.17. Overall, Ramkrishna Forgings has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramkrishna Forgings' Asset Turnover compare to CRS and ATI?
Ramkrishna Forgings' Asset Turnover of 0.17 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 Ramkrishna Forgings and its competitors. Ramkrishna Forgings's current Asset Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramkrishna Forgings stock overvalued right now?
Based on GuruFocus' analysis, Ramkrishna Forgings (NSE:RKFORGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹788.21, compared to a current price of ₹562.90 — trading 28.6% below its estimated fair value. The current Asset Turnover is 0.17. Ramkrishna Forgings' overall GF Score™ is 84/100 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 Ramkrishna Forgings (NSE:RKFORGE), the current Asset Turnover is 0.17 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 Ramkrishna Forgings (NSE:RKFORGE) Overvalued in 2026?
Based on GuruFocus' analysis, Ramkrishna Forgings stock appears to be undervalued.
The current stock price of ₹562.90 is trading 28.6% below its estimated GF Value™ of ₹788.21.
GuruFocus considers Ramkrishna Forgings to be Modestly Undervalued.
Key valuation signals for NSE:RKFORGE:
Asset Turnover: 0.17
GF Value™: ₹788.21 vs. price of ₹562.90 (28.6% below fair value)
No single metric tells the full story. See the NSE:RKFORGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramkrishna Forgings Ltd is an Indian-based company, that engages in the manufacture of forgings and production of metal products. Its product portfolio includes engine components, front and rear axle components, transmission components, crown wheels and bellcrank assemblies, and others. The company's forgings are used in various industries and sectors, including automotive, earth moving and mining, farm equipment, general engineering, railways, steel plants, and others. Geographically the company caters its services to both domestic and overseas markets.
84GF Score
Get the complete analysis for NSE:RKFORGE
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:RKFORGE has been successfully added to your 
