Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Swastik Pipe's Revenue for the
six
months ended in Mar. 2025 was ₹0 Mil. Swastik Pipe's Total Assets for the quarter that ended in Mar. 2025 was ₹4,859 Mil. Therefore, Swastik Pipe's Asset Turnover for the quarter that ended in Mar. 2025 was 0.00.
Asset Turnover is linked to ROE % through Du Pont Formula. Swastik Pipe's annualizedROE % for the quarter that ended in Mar. 2025 was 0.00%. It is also linked to ROA % through Du Pont Formula. Swastik Pipe's annualizedROA % for the quarter that ended in Mar. 2025 was 0.00%.
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:
Swastik Pipe's annulizedROA % for the quarter that ended in Mar. 2025 is
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.
Swastik Pipe Asset Turnover Related Terms
Swastik Pipe Asset Turnover Historical Data
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The historical data trend for Swastik Pipe'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:SWASTIK vs NUE, STLD, RS: Asset Turnover Comparison
For the Steel subindustry, Swastik Pipe'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.
Swastik Pipe Asset Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Swastik Pipe's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Swastik Pipe'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.
Swastik Pipe (NSE:SWASTIK) has a Asset Turnover of 0.00 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Swastik Pipe and its competitors.
Is Swastik Pipe's Asset Turnover too high?
Swastik Pipe's current Asset Turnover is 0.00. Overall, Swastik Pipe has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Swastik Pipe's Asset Turnover compare to NUE and STLD?
Swastik Pipe's Asset Turnover of 0.00 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 Swastik Pipe and its competitors. Swastik Pipe's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swastik Pipe stock overvalued right now?
Based on GuruFocus' analysis, Swastik Pipe (NSE:SWASTIK) is currently considered Significantly Undervalued. The current Asset Turnover is 0.00. Swastik Pipe's overall GF Score™ is 62/100. 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 Swastik Pipe (NSE:SWASTIK), the current Asset Turnover is 0.00 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.
Swastik Pipe Ltd manufactures and exports a range of steel pipes and related products in India. Its product portfolio includes mild steel and carbon steel electric resistance welded (ERW) black and galvanized pipes, hollow steel pipes, cold-rolled steel strips and coils, swaged tubular poles, and solar mounting structures. The company operates manufacturing plants in Haryana and Uttar Pradesh with a notable installed capacity. Swastik Pipe serves industries such as construction, infrastructure, and energy, exporting products to various countries. Revenue is generated through the sale of its steel pipe products both domestically and internationally.
62GF Score
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