MK Restaurant Group PCL (BKK:M) Asset Turnover: 0.21 (As of Mar. 2026)


BKK:M MK Restaurant Group PCL BKK:M
94 GF Score
Price ฿21.30
GF Value ฿27.89
Valuation Modestly Undervalued
! 4 Warning Signs
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What is MK Restaurant Group PCL Asset Turnover?

MK Restaurant Group PCL BKK:M +1.43% 94 Asset Turnover is 0.21 as of Mar. 2026. GuruFocus rates BKK:M with a GF Score™ of 94/100 and a GF Value™ of ฿27.89 (Modestly Undervalued). The stock has 4 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. MK Restaurant Group PCL's Revenue for the three months ended in Mar. 2026 was ฿4,047 Mil. MK Restaurant Group PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿19,130 Mil. Therefore, MK Restaurant Group PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. MK Restaurant Group PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 5.03%. It is also linked to ROA % through Du Pont Formula. MK Restaurant Group PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 3.41%.


MK Restaurant Group PCL  (BKK:M) Asset Turnover Explanation

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

MK Restaurant Group PCL's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=653.256/12993.704
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(653.256 / 16187.836)*(16187.836 / 19129.823)*(19129.823/ 12993.704)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.04 %*0.8462*1.4722
=ROA %*Equity Multiplier
=3.41 %*1.4722
=5.03 %

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:

MK Restaurant Group PCL's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=653.256/19129.823
=(Net Income / Revenue)*(Revenue / Total Assets)
=(653.256 / 16187.836)*(16187.836 / 19129.823)
=Net Margin %*Asset Turnover
=4.04 %*0.8462
=3.41 %

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.


MK Restaurant Group PCL Asset Turnover Related Terms


MK Restaurant Group PCL Asset Turnover Historical Data

* Premium members only.

The historical data trend for MK Restaurant Group 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.

MK Restaurant Group PCL Asset Turnover Chart

MK Restaurant Group 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 0.56 0.80 0.83 0.78 0.79

MK Restaurant Group 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 0.18 0.20 0.21 0.21 0.21

BKK:M vs MCD, SBUX, YUM: Asset Turnover Comparison

For the Restaurants subindustry, MK Restaurant Group 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.


MK Restaurant Group PCL Asset Turnover vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MK Restaurant Group PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where MK Restaurant Group PCL's Asset Turnover falls into.


BKK:M
94GF Score
MK Restaurant Group PCL BKK:M
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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MK Restaurant Group PCL Asset Turnover Calculation

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

MK Restaurant Group 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 )
=15109.018/( (19371.744+19024.141)/ 2 )
=15109.018/19197.9425
=0.79

MK Restaurant Group 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 )
=4046.959/( (19024.141+19235.505)/ 2 )
=4046.959/19129.823
=0.21

* 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 0.21 mean?
MK Restaurant Group PCL (BKK:M) has a Asset Turnover of 0.21 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on MK Restaurant Group PCL and its competitors.
Is MK Restaurant Group PCL's Asset Turnover too high?
MK Restaurant Group PCL's current Asset Turnover is 0.21. Overall, MK Restaurant Group PCL has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MK Restaurant Group PCL's Asset Turnover compare to MCD and SBUX?
MK Restaurant Group PCL's Asset Turnover of 0.21 can be compared against companies in the Restaurants 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 Restaurants company?
A good Asset Turnover depends on the Restaurants 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 MK Restaurant Group PCL and its competitors. MK Restaurant Group PCL's current Asset Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MK Restaurant Group PCL stock overvalued right now?
Based on GuruFocus' analysis, MK Restaurant Group PCL (BKK:M) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿27.89, compared to a current price of ฿21.30 — trading 23.6% below its estimated fair value. The current Asset Turnover is 0.21. MK Restaurant Group PCL's overall GF Score™ is 94/100 with 4 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 MK Restaurant Group PCL (BKK:M), the current Asset Turnover is 0.21 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 MK Restaurant Group PCL (BKK:M) Overvalued in 2026?

Based on GuruFocus' analysis, MK Restaurant Group PCL stock appears to be undervalued. The current stock price of ฿21.30 is trading 23.6% below its estimated GF Value™ of ฿27.89. GuruFocus considers MK Restaurant Group PCL to be Modestly Undervalued.

Key valuation signals for BKK:M:

  • Asset Turnover: 0.21
  • GF Value™: ฿27.89 vs. price of ฿21.30 (23.6% below fair value)
  • GF Score™: 94/100 with 4 warning signs

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


MK Restaurant Group PCL Business Description

Address 1200 Debaratna Road, Bangnatai, Bangna, Bangkok, THA, 10260
MK Restaurant Group PCL operates in Suki, Thai, and Japanese restaurants in Thailand under brand names including MK, Siam, Yayoi, Miyazaki, and Hakata. The company also has a franchise agreement with Plenus-MK Limited for that company to operate franchised Sukiyaki restaurants in Japan. The Group is engaged in two business segments which are restaurant business and other businesses that support restaurant business including training service provider and manufacture and distribution of foods. It generates the majority of its revenue comes from Thailand.
94GF Score

Get the complete analysis for BKK:M

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

฿21.30
Price
฿27.89
GF Value