Viaz Tyres (NSE:VIAZ) Asset Turnover: 0.90 (As of Mar. 2026)


NSE:VIAZ Viaz Tyres Ltd NSE:VIAZ
86 GF Score
Price ₹60.40
GF Value ₹119.80
Valuation Possible Value Trap
! 6 Warning Signs
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What is Viaz Tyres Asset Turnover?

Viaz Tyres NSE:VIAZ -2.11% 86 Asset Turnover is 0.90 as of Mar. 2026. GuruFocus rates NSE:VIAZ with a GF Score™ of 86/100 and a GF Value™ of ₹119.80 (Possible Value Trap). The stock has 6 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. Viaz Tyres's Revenue for the six months ended in Mar. 2026 was ₹657.4 Mil. Viaz Tyres's Total Assets for the quarter that ended in Mar. 2026 was ₹734.5 Mil. Therefore, Viaz Tyres's Asset Turnover for the quarter that ended in Mar. 2026 was 0.90.

Asset Turnover is linked to ROE % through Du Pont Formula. Viaz Tyres's annualized ROE % for the quarter that ended in Mar. 2026 was 13.28%. It is also linked to ROA % through Du Pont Formula. Viaz Tyres's annualized ROA % for the quarter that ended in Mar. 2026 was 8.86%.

Viaz Tyres  (NSE:VIAZ) Asset Turnover Explanation

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

Viaz Tyres's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=65.108/490.3175
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(65.108 / 1314.808)*(1314.808 / 734.5115)*(734.5115/ 490.3175)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.95 %*1.79*1.498
=ROA %*Equity Multiplier
=8.86 %*1.498
=13.28 %

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:

Viaz Tyres's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=65.108/734.5115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(65.108 / 1314.808)*(1314.808 / 734.5115)
=Net Margin %*Asset Turnover
=4.95 %*1.79
=8.86 %

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.

Viaz Tyres Asset Turnover Related Terms

Viaz Tyres Asset Turnover Historical Data

* Premium members only.

The historical data trend for Viaz Tyres'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.

Viaz Tyres Asset Turnover Chart

Viaz Tyres Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 1.05 1.23 1.04 1.04 1.48

Viaz Tyres Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24 Mar25 Mar26
Asset Turnover Get a 7-Day Free Trial 0.75 0.56 0.00 0.53 0.90

NSE:VIAZ vs ORLY, AZO: Asset Turnover Comparison

For the Auto Parts subindustry, Viaz Tyres'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.

Viaz Tyres Asset Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Viaz Tyres's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Viaz Tyres's Asset Turnover falls into.


NSE:VIAZ
86GF Score
Viaz Tyres Ltd NSE:VIAZ
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Viaz Tyres Asset Turnover Calculation

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

Viaz Tyres'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 )
=1083.436/( (589.02+880.003)/ 2 )
=1083.436/734.5115
=1.48

Viaz Tyres'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: Mar. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=657.404/( (589.02+880.003)/ 2 )
=657.404/734.5115
=0.90

* 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 0.90 mean?
Viaz Tyres (NSE:VIAZ) has a Asset Turnover of 0.90 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Viaz Tyres and its competitors.
Is Viaz Tyres' Asset Turnover too high?
Viaz Tyres' current Asset Turnover is 0.90. Overall, Viaz Tyres has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Viaz Tyres' Asset Turnover compare to ORLY and AZO?
Viaz Tyres' Asset Turnover of 0.90 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts 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 Viaz Tyres and its competitors. Viaz Tyres's current Asset Turnover is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viaz Tyres stock overvalued right now?
Based on GuruFocus' analysis, Viaz Tyres (NSE:VIAZ) is currently considered Possible Value Trap. The stock's GF Value™ is ₹119.80, compared to a current price of ₹60.40 — trading 49.6% below its estimated fair value. The current Asset Turnover is 0.90. Viaz Tyres' overall GF Score™ is 86/100 with 6 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 Viaz Tyres (NSE:VIAZ), the current Asset Turnover is 0.90 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 Viaz Tyres (NSE:VIAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Viaz Tyres stock appears to be undervalued. The current stock price of ₹60.40 is trading 49.6% below its estimated GF Value™ of ₹119.80. GuruFocus considers Viaz Tyres to be Possible Value Trap.

Key valuation signals for NSE:VIAZ:

  • Asset Turnover: 0.90
  • GF Value™: ₹119.80 vs. price of ₹60.40 (49.6% below fair value)
  • GF Score™: 86/100 with 6 warning signs

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

Viaz Tyres Business Description

Address Sal Hospital Road, 915/916, Maple Trade, Near Surdhara Circle, Thaltej, Ahmedabad, GJ, IND, 380059
Viaz Tyres Ltd is engaged in the manufacturing of rubber tubes for bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles. Its product portfolio comprises bicycle tyres, bicycle butyl moulded tubes, scooter and moped tubes, passenger car tubes, farm vehicle tubes, lubricants, grease, tubless tyre kits, and multipurpose air pumps, among others. The company operates in a single business segment, which comprises the manufacturing and selling of Tubes and Tyres. Its geographical segment is considered based on sales within India and outside India.
86GF Score

Get the complete analysis for NSE:VIAZ

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

₹60.40
Price
₹119.80
GF Value