Clean Teq Water (ASX:CNQ) Asset Turnover: 0.64 (As of Dec. 2025)


ASX:CNQ Clean Teq Water Ltd ASX:CNQ
27 GF Score
Price A$0.44
GF Value A$0.38
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Clean Teq Water Asset Turnover?

Clean Teq Water ASX:CNQ -4.35% 27 Asset Turnover is 0.64 as of Dec. 2025. GuruFocus rates ASX:CNQ with a GF Score™ of 27/100 and a GF Value™ of A$0.38 (Modestly Overvalued). The stock has 5 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. Clean Teq Water's Revenue for the six months ended in Dec. 2025 was A$9.29 Mil. Clean Teq Water's Total Assets for the quarter that ended in Dec. 2025 was A$14.65 Mil. Therefore, Clean Teq Water's Asset Turnover for the quarter that ended in Dec. 2025 was 0.64.

Asset Turnover is linked to ROE % through Du Pont Formula. Clean Teq Water's annualized ROE % for the quarter that ended in Dec. 2025 was -8.04%. It is also linked to ROA % through Du Pont Formula. Clean Teq Water's annualized ROA % for the quarter that ended in Dec. 2025 was -3.69%.

Clean Teq Water  (ASX:CNQ) Asset Turnover Explanation

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

Clean Teq Water's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-0.54/6.716
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.54 / 18.588)*(18.588 / 14.645)*(14.645/ 6.716)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.91 %*1.2692*2.1806
=ROA %*Equity Multiplier
=-3.69 %*2.1806
=-8.04 %

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:

Clean Teq Water's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-0.54/14.645
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.54 / 18.588)*(18.588 / 14.645)
=Net Margin %*Asset Turnover
=-2.91 %*1.2692
=-3.69 %

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.

Clean Teq Water Asset Turnover Related Terms

Clean Teq Water Asset Turnover Historical Data

* Premium members only.

The historical data trend for Clean Teq Water'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.

Clean Teq Water Asset Turnover Chart

Clean Teq Water Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Asset Turnover
0.90 0.98 0.84 0.84

Clean Teq Water Semi-Annual Data
Dec20 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.51 0.29 0.30 0.56 0.64

ASX:CNQ vs AWK, WTRG, AWR: Asset Turnover Comparison

For the Utilities - Regulated Water subindustry, Clean Teq Water'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.

Clean Teq Water Asset Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Clean Teq Water's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Clean Teq Water's Asset Turnover falls into.


ASX:CNQ
27GF Score
Clean Teq Water Ltd ASX:CNQ
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Clean Teq Water Asset Turnover Calculation

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

Clean Teq Water's Asset Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=11.498/( (14.88+12.352)/ 2 )
=11.498/13.616
=0.84

Clean Teq Water'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 )
=9.294/( (12.352+16.938)/ 2 )
=9.294/14.645
=0.63

* 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 0.64 mean?
Clean Teq Water (ASX:CNQ) has a Asset Turnover of 0.64 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Clean Teq Water and its competitors.
Is Clean Teq Water's Asset Turnover too high?
Clean Teq Water's current Asset Turnover is 0.64. Overall, Clean Teq Water has a GF Score™ of 27/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clean Teq Water's Asset Turnover compare to AWK and WTRG?
Clean Teq Water's Asset Turnover of 0.64 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Asset Turnover depends on the Utilities - Regulated 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 Clean Teq Water and its competitors. Clean Teq Water's current Asset Turnover is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Teq Water stock overvalued right now?
Based on GuruFocus' analysis, Clean Teq Water (ASX:CNQ) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.38, compared to a current price of A$0.44 — trading 15.8% above its estimated fair value. The current Asset Turnover is 0.64. Clean Teq Water's overall GF Score™ is 27/100 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 Clean Teq Water (ASX:CNQ), the current Asset Turnover is 0.64 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 Clean Teq Water (ASX:CNQ) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Teq Water stock appears to be overvalued. The current stock price of A$0.44 is trading 15.8% above its estimated GF Value™ of A$0.38. GuruFocus considers Clean Teq Water to be Modestly Overvalued.

Key valuation signals for ASX:CNQ:

  • Asset Turnover: 0.64
  • GF Value™: A$0.38 vs. price of A$0.44 (15.8% above fair value)
  • GF Score™: 27/100 with 5 warning signs

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

Clean Teq Water Business Description

Other Exchanges CNQQF:USA9NK:Germany
Address 1/40 Ricketts Roa, Mount Waverley, VIC, AUS, 3149
Clean Teq Water Ltd provides inventive metals recovery and water treatment solutions for governments and companies. Its technology solutions include desalination, nutrient removal, zero liquid discharge and hardness removal. It focuses on sectors such as municipal wastewater, surface water, industrial wastewater and mining process water. The company has offices and laboratories in Melbourne, Perth, Beijing and Tianjin, and partner offices in Africa and Latin America.
27GF Score

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

A$0.44
Price
A$0.38
GF Value