Metro Performance Glass (ASX:MPP) Asset Turnover: 0.38 (As of Mar. 2026)


ASX:MPP Metro Performance Glass Ltd ASX:MPP
33 GF Score
Price A$0.95
GF Value A$0.49
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Metro Performance Glass Asset Turnover?

Metro Performance Glass ASX:MPP 33 Asset Turnover is 0.38 as of Mar. 2026. GuruFocus rates ASX:MPP with a GF Score™ of 33/100 and a GF Value™ of A$0.49 (Significantly Overvalued). The stock has 6 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. Metro Performance Glass's Revenue for the six months ended in Mar. 2026 was A$65.5 Mil. Metro Performance Glass's Total Assets for the quarter that ended in Mar. 2026 was A$170.8 Mil. Therefore, Metro Performance Glass's Asset Turnover for the quarter that ended in Mar. 2026 was 0.38.

Asset Turnover is linked to ROE % through Du Pont Formula. Metro Performance Glass's annualized ROE % for the quarter that ended in Mar. 2026 was -12.07%. It is also linked to ROA % through Du Pont Formula. Metro Performance Glass's annualized ROA % for the quarter that ended in Mar. 2026 was -3.72%.


Metro Performance Glass  (ASX:MPP) Asset Turnover Explanation

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

Metro Performance Glass's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-6.354/52.6485
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.354 / 130.992)*(130.992 / 170.7555)*(170.7555/ 52.6485)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.85 %*0.7671*3.2433
=ROA %*Equity Multiplier
=-3.72 %*3.2433
=-12.07 %

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:

Metro Performance Glass's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-6.354/170.7555
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-6.354 / 130.992)*(130.992 / 170.7555)
=Net Margin %*Asset Turnover
=-4.85 %*0.7671
=-3.72 %

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.


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.


Metro Performance Glass Asset Turnover Related Terms


Metro Performance Glass Asset Turnover Historical Data

* Premium members only.

The historical data trend for Metro Performance Glass'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.

Metro Performance Glass Asset Turnover Chart

Metro Performance Glass Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.00 1.01 1.00 1.00

Metro Performance Glass Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.48 0.52 0.47 0.53 0.38

ASX:MPP vs TT, JCI, CARR: Asset Turnover Comparison

For the Building Products & Equipment subindustry, Metro Performance Glass'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.


Metro Performance Glass Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Metro Performance Glass's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Metro Performance Glass's Asset Turnover falls into.


ASX:MPP
33GF Score
Metro Performance Glass Ltd ASX:MPP
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Metro Performance Glass Asset Turnover Calculation

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

Metro Performance Glass'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 )
=173.469/( (185.342+163.294)/ 2 )
=173.469/174.318
=1.00

Metro Performance Glass'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 )
=65.496/( (178.217+163.294)/ 2 )
=65.496/170.7555
=0.38

* 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 0.38 mean?
Metro Performance Glass (ASX:MPP) has a Asset Turnover of 0.38 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Metro Performance Glass and its competitors.
Is Metro Performance Glass' Asset Turnover too high?
Metro Performance Glass' current Asset Turnover is 0.38. Overall, Metro Performance Glass has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metro Performance Glass' Asset Turnover compare to TT and JCI?
Metro Performance Glass' Asset Turnover of 0.38 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Metro Performance Glass and its competitors. Metro Performance Glass's current Asset Turnover is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Performance Glass stock overvalued right now?
Based on GuruFocus' analysis, Metro Performance Glass (ASX:MPP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.49, compared to a current price of A$0.95 — trading 92.9% above its estimated fair value. The current Asset Turnover is 0.38. Metro Performance Glass' overall GF Score™ is 33/100 with 6 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 Metro Performance Glass (ASX:MPP), the current Asset Turnover is 0.38 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 Metro Performance Glass (ASX:MPP) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Performance Glass stock appears to be overvalued. The current stock price of A$0.95 is trading 92.9% above its estimated GF Value™ of A$0.49. GuruFocus considers Metro Performance Glass to be Significantly Overvalued.

Key valuation signals for ASX:MPP:

  • Asset Turnover: 0.38
  • GF Value™: A$0.49 vs. price of A$0.95 (92.9% above fair value)
  • GF Score™: 33/100 with 6 warning signs

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


Metro Performance Glass Business Description

Other Exchanges MPG:New Zealand
Address 5 Lady Fisher Place, East Tamaki, Auckland, NZL, 2013
Metro Performance Glass Ltd operates as a glass processor. It group supplies processed flat glass and related products to the residential and commercial building sectors. It offers a range of glass products, including Decorative Glass, low Glass, Mirrors, bathroom shower screens, Shower Glass, Safety Security glass, Obscure, Frosted, and Privacy Glass, doors, and others. Its geographical segments include New Zealand and Australia. It generates a majority of its revenue from New Zealand.
33GF Score

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

A$0.95
Price
A$0.49
GF Value