Frasers Property (Thailand) PCL (BKK:FPT) Asset Turnover: 0.03 (As of Mar. 2026)


BKK:FPT Frasers Property (Thailand) PCL BKK:FPT
65 GF Score
Price ฿6.50
GF Value ฿11.40
Valuation Possible Value Trap
! 7 Warning Signs
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What is Frasers Property (Thailand) PCL Asset Turnover?

Frasers Property (Thailand) PCL BKK:FPT +1.56% 65 Asset Turnover is 0.03 as of Mar. 2026. GuruFocus rates BKK:FPT with a GF Score™ of 65/100 and a GF Value™ of ฿11.40 (Possible Value Trap). The stock has 7 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. Frasers Property (Thailand) PCL's Revenue for the three months ended in Mar. 2026 was ฿2,684 Mil. Frasers Property (Thailand) PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿96,262 Mil. Therefore, Frasers Property (Thailand) PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Frasers Property (Thailand) PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 13.71%. It is also linked to ROA % through Du Pont Formula. Frasers Property (Thailand) PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 5.28%.


Frasers Property (Thailand) PCL  (BKK:FPT) Asset Turnover Explanation

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

Frasers Property (Thailand) PCL's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5078.408/37051.5535
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5078.408 / 10736.248)*(10736.248 / 96262.397)*(96262.397/ 37051.5535)
=Net Margin %*Asset Turnover*Equity Multiplier
=47.3 %*0.1115*2.5981
=ROA %*Equity Multiplier
=5.28 %*2.5981
=13.71 %

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:

Frasers Property (Thailand) PCL's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=5078.408/96262.397
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5078.408 / 10736.248)*(10736.248 / 96262.397)
=Net Margin %*Asset Turnover
=47.3 %*0.1115
=5.28 %

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.


Frasers Property (Thailand) PCL Asset Turnover Related Terms


Frasers Property (Thailand) PCL Asset Turnover Historical Data

* Premium members only.

The historical data trend for Frasers Property (Thailand) 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.

Frasers Property (Thailand) PCL Asset Turnover Chart

Frasers Property (Thailand) PCL Annual Data
Trend Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.16 0.17 0.15 0.15

Frasers Property (Thailand) 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 0.03 0.04 0.05 0.04 0.03

Frasers Property (Thailand) PCL Asset Turnover Competitor Comparison

For the Real Estate - Development subindustry, Frasers Property (Thailand) 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.


Frasers Property (Thailand) PCL Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Frasers Property (Thailand) PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Frasers Property (Thailand) PCL's Asset Turnover falls into.


BKK:FPT
65GF Score
Frasers Property (Thailand) PCL BKK:FPT
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Frasers Property (Thailand) PCL Asset Turnover Calculation

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

Frasers Property (Thailand) PCL's Asset Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=14448.887/( (96591.207+93878.488)/ 2 )
=14448.887/95234.8475
=0.15

Frasers Property (Thailand) 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 )
=2684.062/( (93542.254+98982.54)/ 2 )
=2684.062/96262.397
=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?
Frasers Property (Thailand) PCL (BKK:FPT) has a Asset Turnover of 0.03 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Frasers Property (Thailand) PCL and its competitors.
Is Frasers Property (Thailand) PCL's Asset Turnover too high?
Frasers Property (Thailand) PCL's current Asset Turnover is 0.03. Overall, Frasers Property (Thailand) PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frasers Property (Thailand) PCL's Asset Turnover compare to competitors?
Frasers Property (Thailand) PCL's Asset Turnover of 0.03 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Frasers Property (Thailand) PCL and its competitors. Frasers Property (Thailand) PCL'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 Frasers Property (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Frasers Property (Thailand) PCL (BKK:FPT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿11.40, compared to a current price of ฿6.50 — trading 43% below its estimated fair value. The current Asset Turnover is 0.03. Frasers Property (Thailand) PCL's overall GF Score™ is 65/100 with 7 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 Frasers Property (Thailand) PCL (BKK:FPT), the current Asset Turnover is 0.03 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 Frasers Property (Thailand) PCL (BKK:FPT) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Property (Thailand) PCL stock appears to be undervalued. The current stock price of ฿6.50 is trading 43% below its estimated GF Value™ of ฿11.40. GuruFocus considers Frasers Property (Thailand) PCL to be Possible Value Trap.

Key valuation signals for BKK:FPT:

  • Asset Turnover: 0.03
  • GF Value™: ฿11.40 vs. price of ฿6.50 (43% below fair value)
  • GF Score™: 65/100 with 7 warning signs

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


Frasers Property (Thailand) PCL Business Description

Address Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd - 23rd Floor, Wangmai Subdistrict, Pathumwan District, Bangkok, THA, 10330
Frasers Property (Thailand) PCL is an industrial real estate developer operating in Thailand. The company and its subsidiaries are principally engaged industrial real estate development business, which comprises the development of factories and warehouses, mainly for rent and occasionally for sale, residential real-estate development, including rental and related service of commercial buildings and hotel business. Its segments include Real estate business, Investment properties for industrial business, Rental and commercial building business and Hotel business, where majority revenue is derived from Real estate business segment.
65GF Score

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

฿6.50
Price
฿11.40
GF Value