ACDSF (CapitaLand Ascendas REIT) Asset Turnover: 0.04 (As of Dec. 2025)


ACDSF CapitaLand Ascendas REIT ACDSF
81 GF Score
Price $1.95
GF Value $1.84
Valuation Fairly Valued
! 9 Warning Signs
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What is CapitaLand Ascendas REIT Asset Turnover?

CapitaLand Ascendas REIT ACDSF +8.06% 81 Asset Turnover is 0.04 as of Dec. 2025. GuruFocus rates ACDSF with a GF Score™ of 81/100 and a GF Value™ of $1.84 (Fairly Valued). The stock has 9 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. CapitaLand Ascendas REIT's Revenue for the six months ended in Dec. 2025 was $607 Mil. CapitaLand Ascendas REIT's Total Assets for the quarter that ended in Dec. 2025 was $14,856 Mil. Therefore, CapitaLand Ascendas REIT's Asset Turnover for the quarter that ended in Dec. 2025 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. CapitaLand Ascendas REIT's annualized ROE % for the quarter that ended in Dec. 2025 was 8.95%. It is also linked to ROA % through Du Pont Formula. CapitaLand Ascendas REIT's annualized ROA % for the quarter that ended in Dec. 2025 was 4.97%.


CapitaLand Ascendas REIT  (OTCPK:ACDSF) Asset Turnover Explanation

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

CapitaLand Ascendas REIT's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=739.102/8255.8145
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(739.102 / 1214.57)*(1214.57 / 14856.3455)*(14856.3455/ 8255.8145)
=Net Margin %*Asset Turnover*Equity Multiplier
=60.85 %*0.0818*1.7995
=ROA %*Equity Multiplier
=4.97 %*1.7995
=8.95 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 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:

CapitaLand Ascendas REIT's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=739.102/14856.3455
=(Net Income / Revenue)*(Revenue / Total Assets)
=(739.102 / 1214.57)*(1214.57 / 14856.3455)
=Net Margin %*Asset Turnover
=60.85 %*0.0818
=4.97 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.


CapitaLand Ascendas REIT Asset Turnover Related Terms


CapitaLand Ascendas REIT Asset Turnover Historical Data

* Premium members only.

The historical data trend for CapitaLand Ascendas REIT'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.

CapitaLand Ascendas REIT Asset Turnover Chart

CapitaLand Ascendas REIT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.08 0.08 0.08 0.08

CapitaLand Ascendas REIT Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.04 0.04 0.04 0.04 0.04

ACDSF vs PLD, PSA, EXR: Asset Turnover Comparison

For the REIT - Industrial subindustry, CapitaLand Ascendas REIT'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.


CapitaLand Ascendas REIT Asset Turnover vs REITs Industry

For the REITs industry and Real Estate sector, CapitaLand Ascendas REIT's Asset Turnover distribution charts can be found below:

* The bar in red indicates where CapitaLand Ascendas REIT's Asset Turnover falls into.


ACDSF
81GF Score
CapitaLand Ascendas REIT ACDSF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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CapitaLand Ascendas REIT Asset Turnover Calculation

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

CapitaLand Ascendas REIT's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1192.046/( (13528.592+15336.165)/ 2 )
=1192.046/14432.3785
=0.08

CapitaLand Ascendas REIT's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=607.285/( (14376.526+15336.165)/ 2 )
=607.285/14856.3455
=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?
CapitaLand Ascendas REIT (ACDSF) has a Asset Turnover of 0.04 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on CapitaLand Ascendas REIT and its competitors.
Is CapitaLand Ascendas REIT's Asset Turnover too high?
CapitaLand Ascendas REIT's current Asset Turnover is 0.04. Overall, CapitaLand Ascendas REIT has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand Ascendas REIT's Asset Turnover compare to PLD and PSA?
CapitaLand Ascendas REIT's Asset Turnover of 0.04 can be compared against companies in the REITs 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 REITs company?
A good Asset Turnover depends on the REITs 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 CapitaLand Ascendas REIT and its competitors. CapitaLand Ascendas REIT'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 CapitaLand Ascendas REIT stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand Ascendas REIT (ACDSF) is currently considered Fairly Valued. The stock's GF Value™ is $1.84, compared to a current price of $1.95 — trading 5.7% above its estimated fair value. The current Asset Turnover is 0.04. CapitaLand Ascendas REIT's overall GF Score™ is 81/100 with 9 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 CapitaLand Ascendas REIT (ACDSF), the current Asset Turnover is 0.04 as of Dec. 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.

Is CapitaLand Ascendas REIT (ACDSF) Overvalued in 2026?

Based on GuruFocus' analysis, CapitaLand Ascendas REIT stock appears to be overvalued. The current stock price of $1.95 is trading 5.7% above its estimated GF Value™ of $1.84. GuruFocus considers CapitaLand Ascendas REIT to be Fairly Valued.

Key valuation signals for ACDSF:

  • Asset Turnover: 0.04
  • GF Value™: $1.84 vs. price of $1.95 (5.7% above fair value)
  • GF Score™: 81/100 with 9 warning signs

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


CapitaLand Ascendas REIT Business Description

Industry Real EstateREITs
Other Exchanges A17U:SingaporeS3Z:Germany
Address 168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912
CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Dec. 31, 2025, it held a SGD 18.2 billion portfolio of 222 properties across Singapore, Australia, Europe, and the US. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns a 17.5% stake in the trust.
81GF Score

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

$1.95
Price
$1.84
GF Value