City Steel PCL (BKK:CITY-R) Asset Turnover: 0.02 (As of Oct. 2025)

What is City Steel PCL Asset Turnover?

City Steel PCL BKK:CITY-R 50 Asset Turnover is 0.02 as of Oct. 2025. GuruFocus rates BKK:CITY-R with a GF Score™ of 50/100 and a GF Value™ of ฿1.74. The stock has 2 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. City Steel PCL's Revenue for the three months ended in Oct. 2025 was ฿20.56 Mil. City Steel PCL's Total Assets for the quarter that ended in Oct. 2025 was ฿1,249.17 Mil. Therefore, City Steel PCL's Asset Turnover for the quarter that ended in Oct. 2025 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. City Steel PCL's annualized ROE % for the quarter that ended in Oct. 2025 was -0.77%. It is also linked to ROA % through Du Pont Formula. City Steel PCL's annualized ROA % for the quarter that ended in Oct. 2025 was -0.76%.

City Steel PCL (BKK:CITY-R) Asset Turnover Explanation

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

City Steel PCL's annulized ROE % for the quarter that ended in Oct. 2025 is

	ROE %^**		(Q: Oct. 2025 )
=	Net Income	/	Total Stockholders Equity
=	-9.548	/	1232.302
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-9.548 / 82.244)	*	(82.244 / 1249.1685)	*	(1249.1685/ 1232.302)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-11.61 %	*	0.0658	*	1.0137
=	ROA %	*	Equity Multiplier
=	-0.76 %	*	1.0137
=	-0.77 %

Note: The Net Income data used here is four times the quarterly (Oct. 2025) net income data. The Revenue data used here is four times the quarterly (Oct. 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:

City Steel PCL's annulized ROA % for the quarter that ended in Oct. 2025 is

	ROA %		(Q: Oct. 2025 )
=	Net Income	/	Total Assets
=	-9.548	/	1249.1685
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-9.548 / 82.244)	*	(82.244 / 1249.1685)
=	Net Margin %	*	Asset Turnover
=	-11.61 %	*	0.0658
=	-0.76 %

Note: The Net Income data used here is four times the quarterly (Oct. 2025) net income data. The Revenue data used here is four times the quarterly (Oct. 2025) 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.

City Steel PCL Asset Turnover Related Terms

City Steel PCL Asset Turnover Historical Data

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The historical data trend for City Steel PCL's Asset Turnover can be seen below:

City Steel PCL Asset Turnover Chart

City Steel PCL Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Jul25

Asset Turnover

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0.14

0.09

0.07

0.04

0.05

City Steel PCL Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25
Asset Turnover	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.02

BKK:CITY-R vs ATI, CRS, MLI: Asset Turnover Comparison

For the Metal Fabrication subindustry, City Steel 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.

City Steel PCL Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, City Steel PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where City Steel PCL's Asset Turnover falls into.

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City Steel PCL BKK:CITY-R

Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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City Steel PCL Asset Turnover Calculation

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

City Steel PCL's Asset Turnover for the fiscal year that ended in Jul. 2025 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Jul. 2025 )	/	( (Total Assets (A: Jul. 2024 )	+	Total Assets (A: Jul. 2025 ))	/ count )
=	61.67	/	( (1296.827	+	1247.819)	/ 2 )
=	61.67	/	1272.323
=	0.05

City Steel PCL's Asset Turnover for the quarter that ended in Oct. 2025 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Oct. 2025 )	/	( (Total Assets (Q: Jul. 2025 )	+	Total Assets (Q: Oct. 2025 ))	/ count )
=	20.561	/	( (1247.819	+	1250.518)	/ 2 )
=	20.561	/	1249.1685
=	0.02

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 0.02 mean?

City Steel PCL (BKK:CITY-R) has a Asset Turnover of 0.02 as of Oct. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on City Steel PCL and its competitors.

Is City Steel PCL's Asset Turnover too high?

City Steel PCL's current Asset Turnover is 0.02. Overall, City Steel PCL has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.

How does City Steel PCL's Asset Turnover compare to ATI and CRS?

City Steel PCL's Asset Turnover of 0.02 can be compared against companies in the Industrial Products 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 Industrial Products company?

A good Asset Turnover depends on the Industrial Products 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 City Steel PCL and its competitors. City Steel PCL's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is City Steel PCL stock overvalued right now?

City Steel PCL (BKK:CITY-R) has a current Asset Turnover of 0.02. The stock's GF Value™ is ฿1.74, compared to a current price of ฿1.36 — trading 21.8% below its estimated fair value. The current Asset Turnover is 0.02. City Steel PCL's overall GF Score™ is 50/100 with 2 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 City Steel PCL (BKK:CITY-R), the current Asset Turnover is 0.02 as of Oct. 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 City Steel PCL (BKK:CITY-R) Overvalued in 2026?

Based on GuruFocus' analysis, City Steel PCL stock appears to be undervalued. The current stock price of ฿1.36 is trading 21.8% below its estimated GF Value™ of ฿1.74.

Key valuation signals for BKK:CITY-R:

Asset Turnover: 0.02
GF Value™: ฿1.74 vs. price of ฿1.36 (21.8% below fair value)
GF Score™: 50/100 with 2 warning signs

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

City Steel PCL Business Description

Industry Industrials Industrial Products

Comparable Companies BKK:KCM BKK:BTW BKK:BM BKK:FMT BKK:BJCHI BKK:KJL ATI CRS MLI XTER:NDA CMC SZSE:000039 SHSE:688409 SHSE:603308 SHSE:688122 XBRU:VIO SZSE:300748 ESAB SZSE:300953 SHSE:601399

Other Exchanges CITY:Thailand

Address Bypass Road, 88/3 Moo 4, Tumbol Nongmaidaeng, Amphur Muang, Chonburi, THA, 20000

Website http://www.citysteelpcl.com

City Steel PCL is principally engaged in the manufacturing and sale of metal structures, storage systems, and material handling equipment, and fabricated metal parts, as well as the provision of one-stop metal processing services and the sale of metals. Geographically, the company operates only in Thailand.

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฿1.36

Price

฿1.74

GF Value

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