Vigor Plast India (NSE:VIGOR) Asset Turnover: 1.19 (As of Mar. 2025)


NSE:VIGOR Vigor Plast India Ltd NSE:VIGOR
26 GF Score
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What is Vigor Plast India Asset Turnover?

Vigor Plast India NSE:VIGOR -4.96% 26 Asset Turnover is 1.19 as of Mar. 2025. GuruFocus rates NSE:VIGOR with a GF Score™ of 26/100. 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. Vigor Plast India's Revenue for the six months ended in Mar. 2025 was ₹455.8 Mil. Vigor Plast India's Total Assets for the quarter that ended in Mar. 2025 was ₹382.0 Mil. Therefore, Vigor Plast India's Asset Turnover for the quarter that ended in Mar. 2025 was 1.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Vigor Plast India's annualized ROE % for the quarter that ended in Mar. 2025 was 118.79%. It is also linked to ROA % through Du Pont Formula. Vigor Plast India's annualized ROA % for the quarter that ended in Mar. 2025 was 26.97%.

Vigor Plast India  (NSE:VIGOR) Asset Turnover Explanation

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

Vigor Plast India's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=103.012/86.72
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(103.012 / 911.558)*(911.558 / 381.9555)*(381.9555/ 86.72)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.3 %*2.3866*4.4045
=ROA %*Equity Multiplier
=26.97 %*4.4045
=118.79 %

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:

Vigor Plast India's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=103.012/381.9555
=(Net Income / Revenue)*(Revenue / Total Assets)
=(103.012 / 911.558)*(911.558 / 381.9555)
=Net Margin %*Asset Turnover
=11.3 %*2.3866
=26.97 %

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.

Vigor Plast India Asset Turnover Related Terms

Vigor Plast India Asset Turnover Historical Data

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The historical data trend for Vigor Plast India'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.

Vigor Plast India Asset Turnover Chart

Vigor Plast India Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Asset Turnover
1.58 1.83 1.52 1.19

Vigor Plast India Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
Asset Turnover 1.58 1.83 1.52 1.19

NSE:VIGOR vs TT, JCI, CARR: Asset Turnover Comparison

For the Building Products & Equipment subindustry, Vigor Plast India'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.

Vigor Plast India Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Vigor Plast India's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Vigor Plast India's Asset Turnover falls into.


NSE:VIGOR
26GF Score
Vigor Plast India Ltd NSE:VIGOR
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vigor Plast India Asset Turnover Calculation

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

Vigor Plast India's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=455.779/( (358.858+405.053)/ 2 )
=455.779/381.9555
=1.19

Vigor Plast India's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=455.779/( (358.858+405.053)/ 2 )
=455.779/381.9555
=1.19

* 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 1.19 mean?
Vigor Plast India (NSE:VIGOR) has a Asset Turnover of 1.19 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Vigor Plast India and its competitors.
Is Vigor Plast India's Asset Turnover too high?
Vigor Plast India's current Asset Turnover is 1.19. Overall, Vigor Plast India has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Vigor Plast India's Asset Turnover compare to TT and JCI?
Vigor Plast India's Asset Turnover of 1.19 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Vigor Plast India and its competitors. Vigor Plast India's current Asset Turnover is 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vigor Plast India stock overvalued right now?
Vigor Plast India (NSE:VIGOR) has a current Asset Turnover of 1.19. The current Asset Turnover is 1.19. Vigor Plast India's overall GF Score™ is 26/100 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 Vigor Plast India (NSE:VIGOR), the current Asset Turnover is 1.19 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.

Vigor Plast India Business Description

Address Survey No. 640/3, Lalpur Road, Behind Gujarat Gas CNG Pump Godown Zone, Dared, Village: Chela, Jamnagar, GJ, IND, 361 006
Vigor Plast India Ltd is focused on the trading of PVC pipes and fittings. It is engaged in producing Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products. It is a manufacturer and supplier of a comprehensive range of Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products for various applications in plumbing, irrigation, and SWR (Soil, Waste, and Rainwater) management. The company caters to both rural and urban markets and provides longlasting solutions for water distribution, wastewater management, and drainage.
26GF Score

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

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