Asian Marine Services PCL (BKK:ASIMAR) Asset Turnover: 0.23 (As of Mar. 2026)


BKK:ASIMAR Asian Marine Services PCL BKK:ASIMAR
75 GF Score
Price ฿1.40
GF Value ฿1.91
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Asian Marine Services PCL Asset Turnover?

Asian Marine Services PCL BKK:ASIMAR +2.19% 75 Asset Turnover is 0.23 as of Mar. 2026. GuruFocus rates BKK:ASIMAR with a GF Score™ of 75/100 and a GF Value™ of ฿1.91 (Modestly Undervalued). 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. Asian Marine Services PCL's Revenue for the three months ended in Mar. 2026 was ฿202.5 Mil. Asian Marine Services PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿867.7 Mil. Therefore, Asian Marine Services PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Asian Marine Services PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 1.65%. It is also linked to ROA % through Du Pont Formula. Asian Marine Services PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 0.89%.


Asian Marine Services PCL  (BKK:ASIMAR) Asset Turnover Explanation

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

Asian Marine Services PCL's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=7.732/469.5295
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.732 / 809.892)*(809.892 / 867.6755)*(867.6755/ 469.5295)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.95 %*0.9334*1.848
=ROA %*Equity Multiplier
=0.89 %*1.848
=1.65 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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:

Asian Marine Services PCL's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=7.732/867.6755
=(Net Income / Revenue)*(Revenue / Total Assets)
=(7.732 / 809.892)*(809.892 / 867.6755)
=Net Margin %*Asset Turnover
=0.95 %*0.9334
=0.89 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Asian Marine Services PCL Asset Turnover Related Terms


Asian Marine Services PCL Asset Turnover Historical Data

* Premium members only.

The historical data trend for Asian Marine Services PCL'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.

Asian Marine Services PCL Asset Turnover Chart

Asian Marine Services PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.97 0.67 1.16 1.00

Asian Marine Services PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.23 0.27 0.27 0.22 0.23

BKK:ASIMAR vs SPCX, GE, RTX: Asset Turnover Comparison

For the Aerospace & Defense subindustry, Asian Marine Services PCL'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.


Asian Marine Services PCL Asset Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Asian Marine Services PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Asian Marine Services PCL's Asset Turnover falls into.


BKK:ASIMAR
75GF Score
Asian Marine Services PCL BKK:ASIMAR
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Asian Marine Services PCL Asset Turnover Calculation

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

Asian Marine Services PCL's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=920.409/( (964.356+882.477)/ 2 )
=920.409/923.4165
=1.00

Asian Marine Services PCL'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: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=202.473/( (882.477+852.874)/ 2 )
=202.473/867.6755
=0.23

* 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 0.23 mean?
Asian Marine Services PCL (BKK:ASIMAR) has a Asset Turnover of 0.23 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Asian Marine Services PCL and its competitors.
Is Asian Marine Services PCL's Asset Turnover too high?
Asian Marine Services PCL's current Asset Turnover is 0.23. Overall, Asian Marine Services PCL has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asian Marine Services PCL's Asset Turnover compare to SPCX and GE?
Asian Marine Services PCL's Asset Turnover of 0.23 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Asset Turnover depends on the Aerospace & Defense 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 Asian Marine Services PCL and its competitors. Asian Marine Services PCL's current Asset Turnover is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Marine Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Asian Marine Services PCL (BKK:ASIMAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.91, compared to a current price of ฿1.40 — trading 26.7% below its estimated fair value. The current Asset Turnover is 0.23. Asian Marine Services PCL's overall GF Score™ is 75/100 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 Asian Marine Services PCL (BKK:ASIMAR), the current Asset Turnover is 0.23 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 Asian Marine Services PCL (BKK:ASIMAR) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Marine Services PCL stock appears to be undervalued. The current stock price of ฿1.40 is trading 26.7% below its estimated GF Value™ of ฿1.91. GuruFocus considers Asian Marine Services PCL to be Modestly Undervalued.

Key valuation signals for BKK:ASIMAR:

  • Asset Turnover: 0.23
  • GF Value™: ฿1.91 vs. price of ฿1.40 (26.7% below fair value)
  • GF Score™: 75/100 with 6 warning signs

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


Asian Marine Services PCL Business Description

Address 128 Moo 3 Suksawad Road, Laemfapa, Prasamutjedee, Samutprakan, THA, 10290
Asian Marine Services PCL is principally engaged in the shipbuilding and ship repair services. It provides services such as ship repair, shipbuilding, engineering construction projects such as steel structures, airport passenger walkways, and oil rig construction, etc. The company and its subsidiaries' business operations involve three principal segments, namely, Ship Repairing, Shipbuilding, and Ship Supply. The majority of the company's revenue is derived from the Ship repairing segment. Geographically, it operates mainly in Thailand.
75GF Score

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

฿1.40
Price
฿1.91
GF Value