Syntec Construction PCL (BKK:SYNTEC) Asset Turnover: 0.20 (As of Mar. 2026)


BKK:SYNTEC Syntec Construction PCL BKK:SYNTEC
76 GF Score
Price ฿1.66
GF Value ฿1.79
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Syntec Construction PCL Asset Turnover?

Syntec Construction PCL BKK:SYNTEC -0.60% 76 Asset Turnover is 0.20 as of Mar. 2026. GuruFocus rates BKK:SYNTEC with a GF Score™ of 76/100 and a GF Value™ of ฿1.79 (Fairly Valued). The stock has 3 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. Syntec Construction PCL's Revenue for the three months ended in Mar. 2026 was ฿2,059 Mil. Syntec Construction PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿10,527 Mil. Therefore, Syntec Construction PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Syntec Construction PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 10.40%. It is also linked to ROA % through Du Pont Formula. Syntec Construction PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 6.02%.


Syntec Construction PCL  (BKK:SYNTEC) Asset Turnover Explanation

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

Syntec Construction PCL's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=633.284/6090.798
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(633.284 / 8235.416)*(8235.416 / 10526.7655)*(10526.7655/ 6090.798)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.69 %*0.7823*1.7283
=ROA %*Equity Multiplier
=6.02 %*1.7283
=10.40 %

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:

Syntec Construction PCL's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=633.284/10526.7655
=(Net Income / Revenue)*(Revenue / Total Assets)
=(633.284 / 8235.416)*(8235.416 / 10526.7655)
=Net Margin %*Asset Turnover
=7.69 %*0.7823
=6.02 %

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.


Syntec Construction PCL Asset Turnover Related Terms


Syntec Construction PCL Asset Turnover Historical Data

* Premium members only.

The historical data trend for Syntec Construction 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.

Syntec Construction PCL Asset Turnover Chart

Syntec Construction 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 0.51 0.52 0.71 0.75 0.75

Syntec Construction 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 0.19 0.18 0.18 0.20 0.20

BKK:SYNTEC vs PWR, FIX, EME: Asset Turnover Comparison

For the Engineering & Construction subindustry, Syntec Construction 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.


Syntec Construction PCL Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Syntec Construction PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Syntec Construction PCL's Asset Turnover falls into.


BKK:SYNTEC
76GF Score
Syntec Construction PCL BKK:SYNTEC
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Syntec Construction PCL Asset Turnover Calculation

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

Syntec Construction 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 )
=7986.062/( (10696.493+10651.714)/ 2 )
=7986.062/10674.1035
=0.75

Syntec Construction 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 )
=2058.854/( (10651.714+10401.817)/ 2 )
=2058.854/10526.7655
=0.20

* 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 0.20 mean?
Syntec Construction PCL (BKK:SYNTEC) has a Asset Turnover of 0.20 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Syntec Construction PCL and its competitors.
Is Syntec Construction PCL's Asset Turnover too high?
Syntec Construction PCL's current Asset Turnover is 0.20. Overall, Syntec Construction PCL has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Syntec Construction PCL's Asset Turnover compare to PWR and FIX?
Syntec Construction PCL's Asset Turnover of 0.20 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Syntec Construction PCL and its competitors. Syntec Construction PCL's current Asset Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syntec Construction PCL stock overvalued right now?
Based on GuruFocus' analysis, Syntec Construction PCL (BKK:SYNTEC) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.79, compared to a current price of ฿1.66 — trading 7.3% below its estimated fair value. The current Asset Turnover is 0.20. Syntec Construction PCL's overall GF Score™ is 76/100 with 3 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 Syntec Construction PCL (BKK:SYNTEC), the current Asset Turnover is 0.20 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 Syntec Construction PCL (BKK:SYNTEC) Overvalued in 2026?

Based on GuruFocus' analysis, Syntec Construction PCL stock appears to be undervalued. The current stock price of ฿1.66 is trading 7.3% below its estimated GF Value™ of ฿1.79. GuruFocus considers Syntec Construction PCL to be Fairly Valued.

Key valuation signals for BKK:SYNTEC:

  • Asset Turnover: 0.20
  • GF Value™: ฿1.79 vs. price of ฿1.66 (7.3% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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


Syntec Construction PCL Business Description

Address Sukhumvit Road, 555/7-11 Sukhumvit Soi 63 (Ekamai, Klongton Nua, Wattana, Bangkok, THA, 10110
Syntec Construction PCL is engaged in the construction and real estate development for room service or service apartments and the energy business. The company's segments include Construction business, Real estate development for room service or service apartment and rental business, Operate the management business for hotel, service apartment and other properties, and Provide consulting services, procurement, work installation, sanitary system, electricity system and plumbing system. It derives the majority of its revenue from the construction business in Thailand.
76GF Score

Get the complete analysis for BKK:SYNTEC

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

฿1.66
Price
฿1.79
GF Value