Shiv Aum Steels (NSE:SHIVAUM) Asset Turnover: 1.63 (As of Mar. 2026)

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NSE:SHIVAUM Shiv Aum Steels Ltd NSE:SHIVAUM
66 GF Score
Price ₹447.10
GF Value ₹324.96
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Shiv Aum Steels Asset Turnover?

Shiv Aum Steels NSE:SHIVAUM +0.47% 66 Asset Turnover is 1.63 as of Mar. 2026. GuruFocus rates NSE:SHIVAUM with a GF Score™ of 66/100 and a GF Value™ of ₹324.96 (Significantly Overvalued). The stock has 8 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. Shiv Aum Steels's Revenue for the six months ended in Mar. 2026 was ₹3,441 Mil. Shiv Aum Steels's Total Assets for the quarter that ended in Mar. 2026 was ₹2,112 Mil. Therefore, Shiv Aum Steels's Asset Turnover for the quarter that ended in Mar. 2026 was 1.63.

Asset Turnover is linked to ROE % through Du Pont Formula. Shiv Aum Steels's annualized ROE % for the quarter that ended in Mar. 2026 was 7.73%. It is also linked to ROA % through Du Pont Formula. Shiv Aum Steels's annualized ROA % for the quarter that ended in Mar. 2026 was 4.38%.


Shiv Aum Steels  (NSE:SHIVAUM) Asset Turnover Explanation

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

Shiv Aum Steels's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=92.514/1196.912
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(92.514 / 6881.9)*(6881.9 / 2111.8785)*(2111.8785/ 1196.912)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.34 %*3.2587*1.7644
=ROA %*Equity Multiplier
=4.38 %*1.7644
=7.73 %

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:

Shiv Aum Steels's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=92.514/2111.8785
=(Net Income / Revenue)*(Revenue / Total Assets)
=(92.514 / 6881.9)*(6881.9 / 2111.8785)
=Net Margin %*Asset Turnover
=1.34 %*3.2587
=4.38 %

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.


Shiv Aum Steels Asset Turnover Related Terms


Shiv Aum Steels Asset Turnover Historical Data

* Premium members only.

The historical data trend for Shiv Aum Steels'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.

Shiv Aum Steels Asset Turnover Chart

Shiv Aum Steels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.18 3.34 3.20 2.77 2.60

Shiv Aum Steels Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 Premium Member Only 1.53 1.33 1.47 1.11 1.63

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

For the Steel subindustry, Shiv Aum Steels'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.


Shiv Aum Steels Asset Turnover vs Steel Industry

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

* The bar in red indicates where Shiv Aum Steels's Asset Turnover falls into.


NSE:SHIVAUM
66GF Score
Shiv Aum Steels Ltd NSE:SHIVAUM
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shiv Aum Steels Asset Turnover Calculation

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

Shiv Aum Steels'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 )
=5735.828/( (2168.332+2240.366)/ 2 )
=5735.828/2204.349
=2.60

Shiv Aum Steels'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 )
=3440.95/( (1983.391+2240.366)/ 2 )
=3440.95/2111.8785
=1.63

* 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 1.63 mean?
Shiv Aum Steels (NSE:SHIVAUM) has a Asset Turnover of 1.63 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shiv Aum Steels and its competitors.
Is Shiv Aum Steels' Asset Turnover too high?
Shiv Aum Steels' current Asset Turnover is 1.63. Overall, Shiv Aum Steels has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shiv Aum Steels' Asset Turnover compare to NUE and STLD?
Shiv Aum Steels' Asset Turnover of 1.63 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 Shiv Aum Steels and its competitors. Shiv Aum Steels's current Asset Turnover is 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiv Aum Steels stock overvalued right now?
Based on GuruFocus' analysis, Shiv Aum Steels (NSE:SHIVAUM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹324.96, compared to a current price of ₹447.10 — trading 37.6% above its estimated fair value. The current Asset Turnover is 1.63. Shiv Aum Steels' overall GF Score™ is 66/100 with 8 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 Shiv Aum Steels (NSE:SHIVAUM), the current Asset Turnover is 1.63 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 Shiv Aum Steels (NSE:SHIVAUM) Overvalued in 2026?

Based on GuruFocus' analysis, Shiv Aum Steels stock appears to be overvalued. The current stock price of ₹447.10 is trading 37.6% above its estimated GF Value™ of ₹324.96. GuruFocus considers Shiv Aum Steels to be Significantly Overvalued.

Key valuation signals for NSE:SHIVAUM:

  • Asset Turnover: 1.63
  • GF Value™: ₹324.96 vs. price of ₹447.10 (37.6% above fair value)
  • GF Score™: 66/100 with 8 warning signs

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


Shiv Aum Steels Business Description

Address Western Express Way, A.K. Road, Office No. 515, The Summit Business Bay, Opposite PVR Cinemas, Andheri (East), Mumbai, MH, IND, 400093
Shiv Aum Steels Ltd is engaged in the business of iron and steel products, dealing in structural steel, coils, and plates. It trades mild steel products such as beams, angles, plates, channels, coils, and thermo mechanically treated (TMT) bars. Operating as a trader, stockist, and distributor, it offers various steel products, including I-Beams, H-Beams, C Channels, Angles, T-Angles, Coils, and Plates in different sizes as per customer requirements. The Company is an authorized distributor for premium steel brands like Jindal Steel & Power Limited (JSPL), Steel Authority of India (SAIL), and Rashtriya Ispat Nigam Limited (RINL), among others. It serves a broad customer base across India, ranging from small steel processing units to large EPC companies and real estate developers.
66GF Score

Get the complete analysis for NSE:SHIVAUM

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

₹447.10
Price
₹324.96
GF Value