Grande Hospitality Real Estate Investment Trust (BKK:GAHREIT) Asset Turnover: 0.02 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:GAHREIT Grande Hospitality Real Estate Investment Trust BKK:GAHREIT
53 GF Score
Price ฿3.84
GF Value ฿6.55
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Grande Hospitality Real Estate Investment Trust Asset Turnover?

Grande Hospitality Real Estate Investment Trust BKK:GAHREIT 53 Asset Turnover is 0.02 as of Mar. 2026. GuruFocus rates BKK:GAHREIT with a GF Score™ of 53/100 and a GF Value™ of ฿6.55 (Significantly Undervalued). 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. Grande Hospitality Real Estate Investment Trust's Revenue for the three months ended in Mar. 2026 was ฿32.7 Mil. Grande Hospitality Real Estate Investment Trust's Total Assets for the quarter that ended in Mar. 2026 was ฿1,970.4 Mil. Therefore, Grande Hospitality Real Estate Investment Trust's Asset Turnover for the quarter that ended in Mar. 2026 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Grande Hospitality Real Estate Investment Trust's annualized ROE % for the quarter that ended in Mar. 2026 was -16.57%. It is also linked to ROA % through Du Pont Formula. Grande Hospitality Real Estate Investment Trust's annualized ROA % for the quarter that ended in Mar. 2026 was -16.04%.


Grande Hospitality Real Estate Investment Trust  (BKK:GAHREIT) Asset Turnover Explanation

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

Grande Hospitality Real Estate Investment Trust's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-316.084/1907.0265
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-316.084 / 130.78)*(130.78 / 1970.3665)*(1970.3665/ 1907.0265)
=Net Margin %*Asset Turnover*Equity Multiplier
=-241.69 %*0.0664*1.0332
=ROA %*Equity Multiplier
=-16.04 %*1.0332
=-16.57 %

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:

Grande Hospitality Real Estate Investment Trust's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-316.084/1970.3665
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-316.084 / 130.78)*(130.78 / 1970.3665)
=Net Margin %*Asset Turnover
=-241.69 %*0.0664
=-16.04 %

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.


Grande Hospitality Real Estate Investment Trust Asset Turnover Related Terms


Grande Hospitality Real Estate Investment Trust Asset Turnover Historical Data

* Premium members only.

The historical data trend for Grande Hospitality Real Estate Investment Trust'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.

Grande Hospitality Real Estate Investment Trust Asset Turnover Chart

Grande Hospitality Real Estate Investment Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.07 0.07 0.07 0.07 0.06

Grande Hospitality Real Estate Investment Trust 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 0.02 0.02 0.02 0.02 0.02

BKK:GAHREIT vs HST, RHP, APLE: Asset Turnover Comparison

For the REIT - Hotel & Motel subindustry, Grande Hospitality Real Estate Investment Trust'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.


Grande Hospitality Real Estate Investment Trust Asset Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Grande Hospitality Real Estate Investment Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Grande Hospitality Real Estate Investment Trust's Asset Turnover falls into.


BKK:GAHREIT
53GF Score
Grande Hospitality Real Estate Investment Trust BKK:GAHREIT
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grande Hospitality Real Estate Investment Trust Asset Turnover Calculation

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

Grande Hospitality Real Estate Investment Trust'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 )
=130.781/( (2037.742+2036.489)/ 2 )
=130.781/2037.1155
=0.06

Grande Hospitality Real Estate Investment Trust'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 )
=32.695/( (2036.489+1904.244)/ 2 )
=32.695/1970.3665
=0.02

* 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 0.02 mean?
Grande Hospitality Real Estate Investment Trust (BKK:GAHREIT) has a Asset Turnover of 0.02 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Grande Hospitality Real Estate Investment Trust and its competitors.
Is Grande Hospitality Real Estate Investment Trust's Asset Turnover too high?
Grande Hospitality Real Estate Investment Trust's current Asset Turnover is 0.02. Overall, Grande Hospitality Real Estate Investment Trust has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grande Hospitality Real Estate Investment Trust's Asset Turnover compare to HST and RHP?
Grande Hospitality Real Estate Investment Trust's Asset Turnover of 0.02 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 Grande Hospitality Real Estate Investment Trust and its competitors. Grande Hospitality Real Estate Investment Trust'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 Grande Hospitality Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Grande Hospitality Real Estate Investment Trust (BKK:GAHREIT) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿6.55, compared to a current price of ฿3.84 — trading 41.4% below its estimated fair value. The current Asset Turnover is 0.02. Grande Hospitality Real Estate Investment Trust's overall GF Score™ is 53/100 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 Grande Hospitality Real Estate Investment Trust (BKK:GAHREIT), the current Asset Turnover is 0.02 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 Grande Hospitality Real Estate Investment Trust (BKK:GAHREIT) Overvalued in 2026?

Based on GuruFocus' analysis, Grande Hospitality Real Estate Investment Trust stock appears to be undervalued. The current stock price of ฿3.84 is trading 41.4% below its estimated GF Value™ of ฿6.55. GuruFocus considers Grande Hospitality Real Estate Investment Trust to be Significantly Undervalued.

Key valuation signals for BKK:GAHREIT:

  • Asset Turnover: 0.02
  • GF Value™: ฿6.55 vs. price of ฿3.84 (41.4% below fair value)
  • GF Score™: 53/100 with 2 warning signs

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


Grande Hospitality Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address Rama 1 Road, 989 Siam Piwat Tower, 9th and 24th Floor, Pathumwan Subdistrict, Pathumwan District, Bangkok, THA, 10330
Grande Hospitality Real Estate Investment Trust is a real estate investment trust. Its objectives are to raise funds and to use the proceeds from such fundraising to invest in immovable and movable properties of the Sheraton Hua Hin Resort & Spa Project. The trust seeks to benefit from such assets by renting a business operation of the Sheraton Hua Hin Resort & Spa or by performing any other relevant and necessary acts in accordance with the securities law, to generate revenue and provide returns to the unitholders. Its one main reportable operating segment is to provide the rental of property in which the trust has invested, and the single geographical area of its operations is Thailand.
53GF Score

Get the complete analysis for BKK:GAHREIT

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

฿3.84
Price
฿6.55
GF Value