Gulf Cement Co PSC (ADX:GCEM) Asset Turnover: 0.18 (As of Mar. 2026)


ADX:GCEM Gulf Cement Co PSC ADX:GCEM
29 GF Score
Price د.إ1.04
GF Value د.إ0.70
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Gulf Cement Co PSC Asset Turnover?

Gulf Cement Co PSC ADX:GCEM +4.00% 29 Asset Turnover is 0.18 as of Mar. 2026. GuruFocus rates ADX:GCEM with a GF Score™ of 29/100 and a GF Value™ of د.إ0.70 (Significantly Overvalued). The stock has 7 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. Gulf Cement Co PSC's Revenue for the three months ended in Mar. 2026 was د.إ157.3 Mil. Gulf Cement Co PSC's Total Assets for the quarter that ended in Mar. 2026 was د.إ857.7 Mil. Therefore, Gulf Cement Co PSC's Asset Turnover for the quarter that ended in Mar. 2026 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Gulf Cement Co PSC's annualized ROE % for the quarter that ended in Mar. 2026 was 17.70%. It is also linked to ROA % through Du Pont Formula. Gulf Cement Co PSC's annualized ROA % for the quarter that ended in Mar. 2026 was 10.53%.


Gulf Cement Co PSC  (ADX:GCEM) Asset Turnover Explanation

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

Gulf Cement Co PSC's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=90.308/510.2395
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(90.308 / 629.248)*(629.248 / 857.6785)*(857.6785/ 510.2395)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.35 %*0.7337*1.6809
=ROA %*Equity Multiplier
=10.53 %*1.6809
=17.70 %

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:

Gulf Cement Co PSC's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=90.308/857.6785
=(Net Income / Revenue)*(Revenue / Total Assets)
=(90.308 / 629.248)*(629.248 / 857.6785)
=Net Margin %*Asset Turnover
=14.35 %*0.7337
=10.53 %

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.


Gulf Cement Co PSC Asset Turnover Related Terms


Gulf Cement Co PSC Asset Turnover Historical Data

* Premium members only.

The historical data trend for Gulf Cement Co PSC'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.

Gulf Cement Co PSC Asset Turnover Chart

Gulf Cement Co PSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.41 0.55 0.56 0.64

Gulf Cement Co PSC 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 0.16 0.16 0.14 0.18 0.18

ADX:GCEM vs CRH, VMC, MLM: Asset Turnover Comparison

For the Building Materials subindustry, Gulf Cement Co PSC'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.


Gulf Cement Co PSC Asset Turnover vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Gulf Cement Co PSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Gulf Cement Co PSC's Asset Turnover falls into.


ADX:GCEM
29GF Score
Gulf Cement Co PSC ADX:GCEM
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Gulf Cement Co PSC Asset Turnover Calculation

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

Gulf Cement Co PSC'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 )
=551.569/( (864.118+855.097)/ 2 )
=551.569/859.6075
=0.64

Gulf Cement Co PSC'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 )
=157.312/( (855.097+860.26)/ 2 )
=157.312/857.6785
=0.18

* 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 0.18 mean?
Gulf Cement Co PSC (ADX:GCEM) has a Asset Turnover of 0.18 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Gulf Cement Co PSC and its competitors.
Is Gulf Cement Co PSC's Asset Turnover too high?
Gulf Cement Co PSC's current Asset Turnover is 0.18. Overall, Gulf Cement Co PSC has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gulf Cement Co PSC's Asset Turnover compare to CRH and VMC?
Gulf Cement Co PSC's Asset Turnover of 0.18 can be compared against companies in the Building Materials 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 Building Materials company?
A good Asset Turnover depends on the Building Materials 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 Gulf Cement Co PSC and its competitors. Gulf Cement Co PSC's current Asset Turnover is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Cement Co PSC stock overvalued right now?
Based on GuruFocus' analysis, Gulf Cement Co PSC (ADX:GCEM) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ0.70, compared to a current price of د.إ1.04 — trading 48.6% above its estimated fair value. The current Asset Turnover is 0.18. Gulf Cement Co PSC's overall GF Score™ is 29/100 with 7 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 Gulf Cement Co PSC (ADX:GCEM), the current Asset Turnover is 0.18 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 Gulf Cement Co PSC (ADX:GCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Gulf Cement Co PSC stock appears to be overvalued. The current stock price of د.إ1.04 is trading 48.6% above its estimated GF Value™ of د.إ0.70. GuruFocus considers Gulf Cement Co PSC to be Significantly Overvalued.

Key valuation signals for ADX:GCEM:

  • Asset Turnover: 0.18
  • GF Value™: د.إ0.70 vs. price of د.إ1.04 (48.6% above fair value)
  • GF Score™: 29/100 with 7 warning signs

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


Gulf Cement Co PSC Business Description

Address Khor Khuir Area, P.O. Box 5295, Ras Al Khaimah, ARE
Gulf Cement Co PSC operates as a cement producer that serves customers located in the UAE and the Arab Gulf Zone. Its product offerings include a variety of cements such as Sulphate Resisting Portland Cement, Ordinary Portland Cement, Moderate Sulphate Resisting Portland Cement, and Ground Granulated Blast Furnace Slag, among others. The company has two operating segments, including Manufacturing of all types of cements, and Investments in marketable equity securities, deposits with banks, and investment properties. A majority of its revenue is generated from the Manufacturing segment. Geographically, the company derives maximum revenue from its business within the United Arab Emirates (UAE).
29GF Score

Get the complete analysis for ADX:GCEM

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

د.إ1.04
Price
د.إ0.70
GF Value