Excite Technology Services (ASX:EXT) Asset Turnover: 0.47 (As of Mar. 2026)

What is Excite Technology Services Asset Turnover?

Excite Technology Services ASX:EXT -12.50% Asset Turnover is 0.47 as of Mar. 2026. The stock has 3 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. Excite Technology Services's Revenue for the six months ended in Mar. 2026 was A$7.79 Mil. Excite Technology Services's Total Assets for the quarter that ended in Mar. 2026 was A$16.77 Mil. Therefore, Excite Technology Services's Asset Turnover for the quarter that ended in Mar. 2026 was 0.47.

Asset Turnover is linked to ROE % through Du Pont Formula. Excite Technology Services's annualized ROE % for the quarter that ended in Mar. 2026 was 242.50%. It is also linked to ROA % through Du Pont Formula. Excite Technology Services's annualized ROA % for the quarter that ended in Mar. 2026 was -34.31%.

Excite Technology Services (ASX:EXT) Asset Turnover Explanation

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

Excite Technology Services's annulized ROE % for the quarter that ended in Mar. 2026 is

	ROE %^**		(Q: Mar. 2026 )
=	Net Income	/	Total Stockholders Equity
=	-5.752	/	-2.372
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-5.752 / 15.576)	*	(15.576 / 16.766)	*	(16.766/ -2.372)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-36.93 %	*	0.929	*	-7.0683
=	ROA %	*	Equity Multiplier
=	-34.31 %	*	-7.0683
=	242.50 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

Excite Technology Services's annulized ROA % for the quarter that ended in Mar. 2026 is

	ROA %		(Q: Mar. 2026 )
=	Net Income	/	Total Assets
=	-5.752	/	16.766
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-5.752 / 15.576)	*	(15.576 / 16.766)
=	Net Margin %	*	Asset Turnover
=	-36.93 %	*	0.929
=	-34.31 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data.

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.

Excite Technology Services Asset Turnover Related Terms

Excite Technology Services Asset Turnover Historical Data

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The historical data trend for Excite Technology Services's Asset Turnover can be seen below:

Excite Technology Services Asset Turnover Chart

Excite Technology Services Annual Data

Trend

Jun16

Jun17

Jun18

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Asset Turnover

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1.05

1.37

1.38

1.55

1.73

Excite Technology Services Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Asset Turnover	Get a 7-Day Free Trial															0.64	0.55	1.15	0.89	0.47

ASX:EXT vs MSFT, ORCL, PLTR: Asset Turnover Comparison

For the Software - Infrastructure subindustry, Excite Technology Services'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.

Excite Technology Services Asset Turnover vs Software Industry

For the Software industry and Technology sector, Excite Technology Services's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Excite Technology Services's Asset Turnover falls into.

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Excite Technology Services Asset Turnover Calculation

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

Excite Technology Services's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Mar. 2026 )	/	( (Total Assets (A: Mar. 2025 )	+	Total Assets (A: Mar. 2026 ))	/ count )
=	21.327	/	( (10.761	+	13.886)	/ 2 )
=	21.327	/	12.3235
=	1.73

Excite Technology Services'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: Sep. 2025 )	+	Total Assets (Q: Mar. 2026 ))	/ count )
=	7.788	/	( (19.646	+	13.886)	/ 2 )
=	7.788	/	16.766
=	0.46

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 0.47 mean?

Excite Technology Services (ASX:EXT) has a Asset Turnover of 0.47 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Excite Technology Services and its competitors.

Is Excite Technology Services' Asset Turnover too high?

Excite Technology Services' current Asset Turnover is 0.47.

How does Excite Technology Services' Asset Turnover compare to MSFT and ORCL?

Excite Technology Services' Asset Turnover of 0.47 can be compared against companies in the Software 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 Software company?

A good Asset Turnover depends on the Software 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 Excite Technology Services and its competitors. Excite Technology Services's current Asset Turnover is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Excite Technology Services stock overvalued right now?

Based on GuruFocus' analysis, Excite Technology Services (ASX:EXT) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.01, compared to a current price of A$0.01 — trading 30% below its estimated fair value. The current Asset Turnover is 0.47. 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 Excite Technology Services (ASX:EXT), the current Asset Turnover is 0.47 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.

Excite Technology Services Business Description

Industry Technology Software

Comparable Companies ASX:FCT ASX:NOV ASX:CYB ASX:EPX ASX:DWG ASX:W2V ASX:BEO ASX:ADS ASX:WHK ASX:XPN MSFT ORCL PLTR PANW CRWD FTNT SNPS HKSE:02513 NET CRWV

Address 157 Walker Street, Suite 2.01, North Sydney, Sydney, NSW, AUS, 2060

Website https://www.cipherpoint.com

Excite Technology Services Ltd is a provider of software solutions. It is engaged in the development and commercialization of intellectual property in the field of data security technology. It helps businesses to discover, protect, and control sensitive information through platforms. The company serves the defense, education, financial services, government, healthcare, human resources, and legal industries. The group has a business presence in the USA, Australasia, the UK, Germany, and Singapore.