NTF Intergroup (Thailand) PCL (BKK:NTF) Asset Turnover: 0.65 (As of Mar. 2026)

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BKK:NTF NTF Intergroup (Thailand) PCL BKK:NTF
19 GF Score
Price ฿14.50
! 1 Warning Sign
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What is NTF Intergroup (Thailand) PCL Asset Turnover?

NTF Intergroup (Thailand) PCL BKK:NTF -0.68% 19 Asset Turnover is 0.65 as of Mar. 2026. GuruFocus rates BKK:NTF with a GF Score™ of 19/100. The stock has 1 warning sign 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. NTF Intergroup (Thailand) PCL's Revenue for the three months ended in Mar. 2026 was ฿478 Mil. NTF Intergroup (Thailand) PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿732 Mil. Therefore, NTF Intergroup (Thailand) PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.65.

Asset Turnover is linked to ROE % through Du Pont Formula. NTF Intergroup (Thailand) PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 27.43%. It is also linked to ROA % through Du Pont Formula. NTF Intergroup (Thailand) PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 17.60%.


NTF Intergroup (Thailand) PCL  (BKK:NTF) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=128.832/469.628
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(128.832 / 1910.664)*(1910.664 / 731.846)*(731.846/ 469.628)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.74 %*2.6107*1.5584
=ROA %*Equity Multiplier
=17.60 %*1.5584
=27.43 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=128.832/731.846
=(Net Income / Revenue)*(Revenue / Total Assets)
=(128.832 / 1910.664)*(1910.664 / 731.846)
=Net Margin %*Asset Turnover
=6.74 %*2.6107
=17.60 %

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.


NTF Intergroup (Thailand) PCL Asset Turnover Related Terms


NTF Intergroup (Thailand) PCL Asset Turnover Historical Data

* Premium members only.

The historical data trend for NTF Intergroup (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.

NTF Intergroup (Thailand) PCL Asset Turnover Chart

NTF Intergroup (Thailand) PCL Annual Data
Trend Dec24 Dec25
Asset Turnover
4.90 5.42

NTF Intergroup (Thailand) PCL Quarterly Data
Jun24 Sep24 Dec24 Jun25 Sep25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial 0.94 4.13 0.92 0.68 0.65

BKK:NTF vs SYY, USFD, PFGC: Asset Turnover Comparison

For the Food Distribution subindustry, NTF Intergroup (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.


NTF Intergroup (Thailand) PCL Asset Turnover vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, NTF Intergroup (Thailand) PCL's Asset Turnover distribution charts can be found below:

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


BKK:NTF
19GF Score
NTF Intergroup (Thailand) PCL BKK:NTF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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NTF Intergroup (Thailand) PCL Asset Turnover Calculation

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

NTF Intergroup (Thailand) 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 )
=2521.269/( (227.626+703.302)/ 2 )
=2521.269/465.464
=5.42

NTF Intergroup (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 )
=477.666/( (703.302+760.39)/ 2 )
=477.666/731.846
=0.65

* 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 0.65 mean?
NTF Intergroup (Thailand) PCL (BKK:NTF) has a Asset Turnover of 0.65 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on NTF Intergroup (Thailand) PCL and its competitors.
Is NTF Intergroup (Thailand) PCL's Asset Turnover too high?
NTF Intergroup (Thailand) PCL's current Asset Turnover is 0.65. Overall, NTF Intergroup (Thailand) PCL has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does NTF Intergroup (Thailand) PCL's Asset Turnover compare to SYY and USFD?
NTF Intergroup (Thailand) PCL's Asset Turnover of 0.65 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Asset Turnover depends on the Retail - Defensive 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 NTF Intergroup (Thailand) PCL and its competitors. NTF Intergroup (Thailand) PCL's current Asset Turnover is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTF Intergroup (Thailand) PCL stock overvalued right now?
NTF Intergroup (Thailand) PCL (BKK:NTF) has a current Asset Turnover of 0.65. The current Asset Turnover is 0.65. NTF Intergroup (Thailand) PCL's overall GF Score™ is 19/100 with 1 warning sign 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 NTF Intergroup (Thailand) PCL (BKK:NTF), the current Asset Turnover is 0.65 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.

NTF Intergroup (Thailand) PCL Business Description

Address Unit No. 1211-1213 Wireless Road, 12nd Floor, 195 One Bangkok Tower 4, Lumpini Pathumwan, Bangkok, THA, 10330
NTF Intergroup (Thailand) PCL is engaged in the distribution of fresh and frozen fruits. The fruits exported by the company include c, longan, coconut, and more. The company sources Thai fruits from local farmers and ensures its packaging and distribution in the domestic and international market. It includes products such as durian and longan, and also coconut.
19GF Score

Get the complete analysis for BKK:NTF

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

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