Pro Medicus (ASX:PME) Asset Turnover: 0.29 (As of Dec. 2025)


ASX:PME Pro Medicus Ltd ASX:PME
98 GF Score
Price A$188.88
GF Value A$245.06
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Pro Medicus Asset Turnover?

Pro Medicus ASX:PME +1.88% 98 Asset Turnover is 0.29 as of Dec. 2025. GuruFocus rates ASX:PME with a GF Score™ of 98/100 and a GF Value™ of A$245.06 (Modestly Undervalued). The stock has 1 warning sign 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. Pro Medicus's Revenue for the six months ended in Dec. 2025 was A$124.7 Mil. Pro Medicus's Total Assets for the quarter that ended in Dec. 2025 was A$436.3 Mil. Therefore, Pro Medicus's Asset Turnover for the quarter that ended in Dec. 2025 was 0.29.

Asset Turnover is linked to ROE % through Du Pont Formula. Pro Medicus's annualized ROE % for the quarter that ended in Dec. 2025 was 106.04%. It is also linked to ROA % through Du Pont Formula. Pro Medicus's annualized ROA % for the quarter that ended in Dec. 2025 was 78.49%.


Pro Medicus  (ASX:PME) Asset Turnover Explanation

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

Pro Medicus's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=342.446/322.945
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(342.446 / 249.482)*(249.482 / 436.3085)*(436.3085/ 322.945)
=Net Margin %*Asset Turnover*Equity Multiplier
=137.26 %*0.5718*1.351
=ROA %*Equity Multiplier
=78.49 %*1.351
=106.04 %

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:

Pro Medicus's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=342.446/436.3085
=(Net Income / Revenue)*(Revenue / Total Assets)
=(342.446 / 249.482)*(249.482 / 436.3085)
=Net Margin %*Asset Turnover
=137.26 %*0.5718
=78.49 %

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.


Pro Medicus Asset Turnover Related Terms


Pro Medicus Asset Turnover Historical Data

* Premium members only.

The historical data trend for Pro Medicus'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.

Pro Medicus Asset Turnover Chart

Pro Medicus Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.66 0.70 0.70 0.71

Pro Medicus Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.36 0.37 0.35 0.37 0.29

ASX:PME vs VEEV, BTSG, TEM: Asset Turnover Comparison

For the Health Information Services subindustry, Pro Medicus'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.


Pro Medicus Asset Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pro Medicus's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Pro Medicus's Asset Turnover falls into.


ASX:PME
98GF Score
Pro Medicus Ltd ASX:PME
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Pro Medicus Asset Turnover Calculation

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

Pro Medicus'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 )
=212.905/( (257.961+338.704)/ 2 )
=212.905/298.3325
=0.71

Pro Medicus'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 )
=124.741/( (338.704+533.913)/ 2 )
=124.741/436.3085
=0.29

* 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 0.29 mean?
Pro Medicus (ASX:PME) has a Asset Turnover of 0.29 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Pro Medicus and its competitors.
Is Pro Medicus' Asset Turnover too high?
Pro Medicus' current Asset Turnover is 0.29. Overall, Pro Medicus has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pro Medicus' Asset Turnover compare to VEEV and BTSG?
Pro Medicus' Asset Turnover of 0.29 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Asset Turnover depends on the Healthcare Providers & Services 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 Pro Medicus and its competitors. Pro Medicus's current Asset Turnover is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pro Medicus stock overvalued right now?
Based on GuruFocus' analysis, Pro Medicus (ASX:PME) is currently considered Modestly Undervalued. The stock's GF Value™ is A$245.06, compared to a current price of A$188.88 — trading 22.9% below its estimated fair value. The current Asset Turnover is 0.29. Pro Medicus' overall GF Score™ is 98/100 with 1 warning sign 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 Pro Medicus (ASX:PME), the current Asset Turnover is 0.29 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 Pro Medicus (ASX:PME) Overvalued in 2026?

Based on GuruFocus' analysis, Pro Medicus stock appears to be undervalued. The current stock price of A$188.88 is trading 22.9% below its estimated GF Value™ of A$245.06. GuruFocus considers Pro Medicus to be Modestly Undervalued.

Key valuation signals for ASX:PME:

  • Asset Turnover: 0.29
  • GF Value™: A$245.06 vs. price of A$188.88 (22.9% below fair value)
  • GF Score™: 98/100 with 1 warning sign

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


Pro Medicus Business Description

Address 450 Swan Street, Richmond, VIC, AUS, 3121
Pro Medicus is a healthcare IT company specializing in radiology imaging software. Its main product, Visage 7, is a clinical desktop application that radiologists use to view, enhance, and manipulate images from any device and make a diagnosis. Its main customers are US private academic hospitals. In fiscal 2025, Pro Medicus earned 90% of revenue in North America, 8% from Australia, and the remaining 2% in Europe.
98GF Score

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

A$188.88
Price
A$245.06
GF Value