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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Itthirit Nice PCL's Revenue for the
three
months ended in Mar. 2026 was ฿182.4 Mil. Itthirit Nice PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿475.3 Mil. Therefore, Itthirit Nice PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.38.
Asset Turnover is linked to ROE % through Du Pont Formula. Itthirit Nice PCL's annualizedROE % for the quarter that ended in Mar. 2026 was 5.81%. It is also linked to ROA % through Du Pont Formula. Itthirit Nice PCL's annualizedROA % for the quarter that ended in Mar. 2026 was 4.64%.
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:
Itthirit Nice PCL's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Itthirit Nice PCL Asset Turnover Related Terms
Itthirit Nice PCL Asset Turnover Historical Data
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The historical data trend for Itthirit Nice 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.
BKK:ITTHI vs SN, SGI, MHK: Asset Turnover Comparison
For the Furnishings, Fixtures & Appliances subindustry, Itthirit Nice 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.
Itthirit Nice PCL Asset Turnover vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Itthirit Nice PCL's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Itthirit Nice PCL's Asset Turnover falls into.
* 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.
Itthirit Nice PCL (BKK:ITTHI) has a Asset Turnover of 0.38 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Itthirit Nice PCL and its competitors.
Is Itthirit Nice PCL's Asset Turnover too high?
Itthirit Nice PCL's current Asset Turnover is 0.38. Overall, Itthirit Nice PCL has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Itthirit Nice PCL's Asset Turnover compare to SN and SGI?
Itthirit Nice PCL's Asset Turnover of 0.38 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Asset Turnover depends on the Furnishings, Fixtures & Appliances 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 Itthirit Nice PCL and its competitors. Itthirit Nice PCL's current Asset Turnover is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itthirit Nice PCL stock overvalued right now?
Based on GuruFocus' analysis, Itthirit Nice PCL (BKK:ITTHI) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿2.04, compared to a current price of ฿1.32 — trading 35.3% below its estimated fair value. The current Asset Turnover is 0.38. Itthirit Nice PCL's overall GF Score™ is 57/100 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 Itthirit Nice PCL (BKK:ITTHI), the current Asset Turnover is 0.38 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 Itthirit Nice PCL (BKK:ITTHI) Overvalued in 2026?
Based on GuruFocus' analysis, Itthirit Nice PCL stock appears to be undervalued.
The current stock price of ฿1.32 is trading 35.3% below its estimated GF Value™ of ฿2.04.
GuruFocus considers Itthirit Nice PCL to be Significantly Undervalued.
Key valuation signals for BKK:ITTHI:
Asset Turnover: 0.38
GF Value™: ฿2.04 vs. price of ฿1.32 (35.3% below fair value)
No single metric tells the full story. See the BKK:ITTHI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Itthirit Nice Corp PCL is a distributor of electronic equipment which includes electric lighting products and equipment type IET (Internet Every Thing). Further, it is also involved in the production and distribution of disinfecting alcohol products. The company operates in three business segments, the Property development sector, the Government sector Retail, and the wholesale sector, the majority of its revenue is generated from the Government sector.
57GF Score
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