Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. TVS Electronics's Revenue for the
three
months ended in Mar. 2026 was ₹1,173 Mil. TVS Electronics's Total Assets for the quarter that ended in Mar. 2026 was ₹2,825 Mil. Therefore, TVS Electronics's Asset Turnover for the quarter that ended in Mar. 2026 was 0.42.
Asset Turnover is linked to ROE % through Du Pont Formula. TVS Electronics's annualizedROE % for the quarter that ended in Mar. 2026 was 11.88%. It is also linked to ROA % through Du Pont Formula. TVS Electronics's annualizedROA % for the quarter that ended in Mar. 2026 was 4.03%.
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:
TVS Electronics'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.
TVS Electronics Asset Turnover Related Terms
TVS Electronics Asset Turnover Historical Data
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The historical data trend for TVS Electronics'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:TVSELECT vs SNDK, DELL, STX: Asset Turnover Comparison
For the Computer Hardware subindustry, TVS Electronics'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.
TVS Electronics Asset Turnover vs Hardware Industry
For the Hardware industry and Technology sector, TVS Electronics's Asset Turnover distribution charts can be found below:
* The bar in red indicates where TVS Electronics'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.
TVS Electronics (NSE:TVSELECT) has a Asset Turnover of 0.42 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on TVS Electronics and its competitors.
Is TVS Electronics' Asset Turnover too high?
TVS Electronics' current Asset Turnover is 0.42. Overall, TVS Electronics has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TVS Electronics' Asset Turnover compare to SNDK and DELL?
TVS Electronics' Asset Turnover of 0.42 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 TVS Electronics and its competitors. TVS Electronics's current Asset Turnover is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVS Electronics stock overvalued right now?
Based on GuruFocus' analysis, TVS Electronics (NSE:TVSELECT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹450.94, compared to a current price of ₹510.40 — trading 13.2% above its estimated fair value. The current Asset Turnover is 0.42. TVS Electronics' overall GF Score™ is 75/100 with 3 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 TVS Electronics (NSE:TVSELECT), the current Asset Turnover is 0.42 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 TVS Electronics (NSE:TVSELECT) Overvalued in 2026?
Based on GuruFocus' analysis, TVS Electronics stock appears to be overvalued.
The current stock price of ₹510.40 is trading 13.2% above its estimated GF Value™ of ₹450.94.
GuruFocus considers TVS Electronics to be Modestly Overvalued.
Key valuation signals for NSE:TVSELECT:
Asset Turnover: 0.42
GF Value™: ₹450.94 vs. price of ₹510.40 (13.2% above fair value)
No single metric tells the full story. See the NSE:TVSELECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TVS Electronics Ltd is a manufacturer and service provider of Transaction Automation IT Products. The company's operating segments include Products & Solutions; and Customer support services. The company generates maximum revenue from the Products & Solutions segment that designs, manufactures, assembles, markets, sells, and services various transaction automation products like Dot Matrix Printers, Thermal Printers, Label Printers, CCTV Cameras, Mechanical Keyboards, Membrane Keyboards, Mouse, Barcode Scanners, Electronic Cash Registers and Currency Counting Machines. The company provides services for products such as IT products, Telecom, Banking, Retail Automation, Consumer Electronics, and Security Devices.
75GF Score
Get the complete analysis for NSE:TVSELECT
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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