Storage King Group (ASX:SKG) Asset Turnover: 0.03 (As of Dec. 2025)


ASX:SKG Storage King Group ASX:SKG
42 GF Score
Price A$1.29
GF Value A$1.53
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Storage King Group Asset Turnover?

Storage King Group ASX:SKG -1.91% 42 Asset Turnover is 0.03 as of Dec. 2025. GuruFocus rates ASX:SKG with a GF Score™ of 42/100 and a GF Value™ of A$1.53 (Modestly Undervalued). The stock has 4 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. Storage King Group's Revenue for the six months ended in Dec. 2025 was A$122.4 Mil. Storage King Group's Total Assets for the quarter that ended in Dec. 2025 was A$3,663.1 Mil. Therefore, Storage King Group's Asset Turnover for the quarter that ended in Dec. 2025 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Storage King Group's annualized ROE % for the quarter that ended in Dec. 2025 was 6.07%. It is also linked to ROA % through Du Pont Formula. Storage King Group's annualized ROA % for the quarter that ended in Dec. 2025 was 3.88%.


Storage King Group  (ASX:SKG) Asset Turnover Explanation

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

Storage King Group's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=142.164/2341.4305
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(142.164 / 244.716)*(244.716 / 3663.139)*(3663.139/ 2341.4305)
=Net Margin %*Asset Turnover*Equity Multiplier
=58.09 %*0.0668*1.5645
=ROA %*Equity Multiplier
=3.88 %*1.5645
=6.07 %

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:

Storage King Group's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=142.164/3663.139
=(Net Income / Revenue)*(Revenue / Total Assets)
=(142.164 / 244.716)*(244.716 / 3663.139)
=Net Margin %*Asset Turnover
=58.09 %*0.0668
=3.88 %

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.


Storage King Group Asset Turnover Related Terms


Storage King Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Storage King Group'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.

Storage King Group Asset Turnover Chart

Storage King Group Annual Data
Trend Jun21 Jun22 Jun24 Jun25
Asset Turnover
0.28 0.35 0.12 0.07

Storage King Group Semi-Annual Data
Jun21 Jun22 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover Get a 7-Day Free Trial 0.04 0.04 0.04 0.04 0.03

ASX:SKG vs PLD, PSA, EXR: Asset Turnover Comparison

For the REIT - Industrial subindustry, Storage King Group'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.


Storage King Group Asset Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Storage King Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Storage King Group's Asset Turnover falls into.


ASX:SKG
42GF Score
Storage King Group ASX:SKG
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Storage King Group Asset Turnover Calculation

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

Storage King Group'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 )
=246.457/( (3231.563+3613.993)/ 2 )
=246.457/3422.778
=0.07

Storage King Group'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 )
=122.358/( (3613.993+3712.285)/ 2 )
=122.358/3663.139
=0.03

* 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 0.03 mean?
Storage King Group (ASX:SKG) has a Asset Turnover of 0.03 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Storage King Group and its competitors.
Is Storage King Group's Asset Turnover too high?
Storage King Group's current Asset Turnover is 0.03. Overall, Storage King Group has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Storage King Group's Asset Turnover compare to PLD and PSA?
Storage King Group's Asset Turnover of 0.03 can be compared against companies in the REITs 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 REITs company?
A good Asset Turnover depends on the REITs 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 Storage King Group and its competitors. Storage King Group's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Storage King Group stock overvalued right now?
Based on GuruFocus' analysis, Storage King Group (ASX:SKG) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.53, compared to a current price of A$1.29 — trading 16% below its estimated fair value. The current Asset Turnover is 0.03. Storage King Group's overall GF Score™ is 42/100 with 4 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 Storage King Group (ASX:SKG), the current Asset Turnover is 0.03 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 Storage King Group (ASX:SKG) Overvalued in 2026?

Based on GuruFocus' analysis, Storage King Group stock appears to be undervalued. The current stock price of A$1.29 is trading 16% below its estimated GF Value™ of A$1.53. GuruFocus considers Storage King Group to be Modestly Undervalued.

Key valuation signals for ASX:SKG:

  • Asset Turnover: 0.03
  • GF Value™: A$1.53 vs. price of A$1.29 (16% below fair value)
  • GF Score™: 42/100 with 4 warning signs

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


Storage King Group Business Description

Industry Real EstateREITs
Address 77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000
Abacus Storage King is a self-storage REIT. It owns, operates, and manages a self-storage operating platform and an investment portfolio comprising self-storage properties and other investments across Australia and New Zealand.
42GF Score

Get the complete analysis for ASX:SKG

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

A$1.29
Price
A$1.53
GF Value