Tejas Networks (NSE:TEJASNET) Asset Turnover: 0.04 (As of Mar. 2026)


NSE:TEJASNET Tejas Networks Ltd NSE:TEJASNET
52 GF Score
Price ₹624.00
GF Value ₹357.49
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Tejas Networks Asset Turnover?

Tejas Networks NSE:TEJASNET +0.60% 52 Asset Turnover is 0.04 as of Mar. 2026. GuruFocus rates NSE:TEJASNET with a GF Score™ of 52/100 and a GF Value™ of ₹357.49 (Significantly Overvalued). The stock has 11 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. Tejas Networks's Revenue for the three months ended in Mar. 2026 was ₹3,324 Mil. Tejas Networks's Total Assets for the quarter that ended in Mar. 2026 was ₹94,027 Mil. Therefore, Tejas Networks's Asset Turnover for the quarter that ended in Mar. 2026 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Tejas Networks's annualized ROE % for the quarter that ended in Mar. 2026 was -28.84%. It is also linked to ROA % through Du Pont Formula. Tejas Networks's annualized ROA % for the quarter that ended in Mar. 2026 was -8.99%.


Tejas Networks  (NSE:TEJASNET) Asset Turnover Explanation

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

Tejas Networks's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-8453.6/29308.7
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8453.6 / 13295.6)*(13295.6 / 94027.3)*(94027.3/ 29308.7)
=Net Margin %*Asset Turnover*Equity Multiplier
=-63.58 %*0.1414*3.2082
=ROA %*Equity Multiplier
=-8.99 %*3.2082
=-28.84 %

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:

Tejas Networks's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-8453.6/94027.3
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-8453.6 / 13295.6)*(13295.6 / 94027.3)
=Net Margin %*Asset Turnover
=-63.58 %*0.1414
=-8.99 %

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.


Tejas Networks Asset Turnover Related Terms


Tejas Networks Asset Turnover Historical Data

* Premium members only.

The historical data trend for Tejas Networks'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.

Tejas Networks Asset Turnover Chart

Tejas Networks 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 0.32 0.32 0.39 0.91 0.11

Tejas Networks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only 0.17 0.02 0.03 0.03 0.04

NSE:TEJASNET vs CSCO, CIEN, MSI: Asset Turnover Comparison

For the Communication Equipment subindustry, Tejas Networks'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.


Tejas Networks Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Tejas Networks's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Tejas Networks's Asset Turnover falls into.


NSE:TEJASNET
52GF Score
Tejas Networks Ltd NSE:TEJASNET
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tejas Networks Asset Turnover Calculation

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

Tejas Networks'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 )
=10974.7/( (104619.7+94027.3)/ 2 )
=10974.7/99323.5
=0.11

Tejas Networks'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 )
=3323.9/( (0+94027.3)/ 1 )
=3323.9/94027.3
=0.04

* 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 0.04 mean?
Tejas Networks (NSE:TEJASNET) has a Asset Turnover of 0.04 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tejas Networks and its competitors.
Is Tejas Networks' Asset Turnover too high?
Tejas Networks' current Asset Turnover is 0.04. Overall, Tejas Networks has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tejas Networks' Asset Turnover compare to CSCO and CIEN?
Tejas Networks' Asset Turnover of 0.04 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Tejas Networks and its competitors. Tejas Networks's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tejas Networks stock overvalued right now?
Based on GuruFocus' analysis, Tejas Networks (NSE:TEJASNET) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹357.49, compared to a current price of ₹624.00 — trading 74.6% above its estimated fair value. The current Asset Turnover is 0.04. Tejas Networks' overall GF Score™ is 52/100 with 11 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 Tejas Networks (NSE:TEJASNET), the current Asset Turnover is 0.04 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 Tejas Networks (NSE:TEJASNET) Overvalued in 2026?

Based on GuruFocus' analysis, Tejas Networks stock appears to be overvalued. The current stock price of ₹624.00 is trading 74.6% above its estimated GF Value™ of ₹357.49. GuruFocus considers Tejas Networks to be Significantly Overvalued.

Key valuation signals for NSE:TEJASNET:

  • Asset Turnover: 0.04
  • GF Value™: ₹357.49 vs. price of ₹624.00 (74.6% above fair value)
  • GF Score™: 52/100 with 11 warning signs

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


Tejas Networks Business Description

Other Exchanges 540595:India
Address Hosur Road, Electronic City, Phase 1, J.P. Software Park, Plot No. 25, 5th Floor, Survey No. 13, 14, 17,18, Konnapana Agrahara Village, Begur Hobli, Bengaluru, KA, IND, 560100
Tejas Networks Ltd is an optical and data networking products company. The company designs, develops, and manufactures high-performance products for building high-speed communication networks that carry voice, data, and video traffic from fixed-line, mobile, and broadband networks. It serves telecommunications service providers, internet service providers, utilities, defense, and government entities. It derives a majority of its revenue from India and the rest from International markets.
52GF Score

Get the complete analysis for NSE:TEJASNET

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

₹624.00
Price
₹357.49
GF Value