Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Almonty Industries's Revenue for the
three
months ended in Mar. 2026 was $18.51 Mil. Almonty Industries's Total Assets for the quarter that ended in Mar. 2026 was $434.46 Mil. Therefore, Almonty Industries's Asset Turnover for the quarter that ended in Mar. 2026 was 0.04.
Asset Turnover is linked to ROE % through Du Pont Formula. Almonty Industries's annualizedROE % for the quarter that ended in Mar. 2026 was -5.91%. It is also linked to ROA % through Du Pont Formula. Almonty Industries's annualizedROA % for the quarter that ended in Mar. 2026 was -3.53%.
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.
** 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:
Almonty Industries'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.
Almonty Industries Asset Turnover Related Terms
Almonty Industries Asset Turnover Historical Data
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The historical data trend for Almonty Industries'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.
For the Other Industrial Metals & Mining subindustry, Almonty Industries'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.
Almonty Industries Asset Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Almonty Industries's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Almonty Industries'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.
Almonty Industries (ALM) has a Asset Turnover of 0.04 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Almonty Industries and its competitors.
Is Almonty Industries' Asset Turnover too high?
Almonty Industries' current Asset Turnover is 0.04. Overall, Almonty Industries has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Almonty Industries' Asset Turnover compare to competitors?
Almonty Industries' Asset Turnover of 0.04 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining 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 Almonty Industries and its competitors. Almonty Industries'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 Almonty Industries stock overvalued right now?
Based on GuruFocus' analysis, Almonty Industries (ALM) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.12, compared to a current price of $16.45 — trading 1368.8% above its estimated fair value. The current Asset Turnover is 0.04. Almonty Industries' overall GF Score™ is 53/100 with 5 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 Almonty Industries (ALM), the current Asset Turnover is 0.04 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 Almonty Industries (ALM) Overvalued in 2026?
Based on GuruFocus' analysis, Almonty Industries stock appears to be overvalued.
The current stock price of $16.45 is trading 1368.8% above its estimated GF Value™ of $1.12.
GuruFocus considers Almonty Industries to be Significantly Overvalued.
Key valuation signals for ALM:
Asset Turnover: 0.04
GF Value™: $1.12 vs. price of $16.45 (1368.8% above fair value)
No single metric tells the full story. See the ALM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Almonty Industries Inc is engaged in the development of the Sangdong Mine in South Korea, and the Company is currently mining, processing, and shipping tungsten concentrate from the Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal (Panasqueira Mine). Additionally, the Company is evaluating its molybdenum project with inferred mineral resources on a separate property adjacent to the tungsten orebody at the Sangdong Mine, its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora (Valtreixal Mine), and the newly-acquired Gentung Browns Lake tungsten project located in Montana, USA (Gentung-Browns Lake Project). The company has two geographical locations: the Iberian Peninsula (Spain and Portugal) and the Republic of Korea.
53GF Score
Get the complete analysis for ALM
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