Tipco Foods (Thailand) (BKK:TIPCO) Asset Turnover: 0.09 (As of Dec. 2025)


BKK:TIPCO Tipco Foods (Thailand) PLC BKK:TIPCO
54 GF Score
Price ฿6.35
GF Value ฿7.93
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Tipco Foods (Thailand) Asset Turnover?

Tipco Foods (Thailand) BKK:TIPCO +2.42% 54 Asset Turnover is 0.09 as of Dec. 2025. GuruFocus rates BKK:TIPCO with a GF Score™ of 54/100 and a GF Value™ of ฿7.93 (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. Tipco Foods (Thailand)'s Revenue for the three months ended in Dec. 2025 was ฿482 Mil. Tipco Foods (Thailand)'s Total Assets for the quarter that ended in Dec. 2025 was ฿5,583 Mil. Therefore, Tipco Foods (Thailand)'s Asset Turnover for the quarter that ended in Dec. 2025 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Tipco Foods (Thailand)'s annualized ROE % for the quarter that ended in Dec. 2025 was 1.43%. It is also linked to ROA % through Du Pont Formula. Tipco Foods (Thailand)'s annualized ROA % for the quarter that ended in Dec. 2025 was 0.97%.


Tipco Foods (Thailand)  (BKK:TIPCO) Asset Turnover Explanation

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

Tipco Foods (Thailand)'s annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=54.176/3799.271
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(54.176 / 1928.388)*(1928.388 / 5583.202)*(5583.202/ 3799.271)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.81 %*0.3454*1.4695
=ROA %*Equity Multiplier
=0.97 %*1.4695
=1.43 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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:

Tipco Foods (Thailand)'s annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=54.176/5583.202
=(Net Income / Revenue)*(Revenue / Total Assets)
=(54.176 / 1928.388)*(1928.388 / 5583.202)
=Net Margin %*Asset Turnover
=2.81 %*0.3454
=0.97 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.


Tipco Foods (Thailand) Asset Turnover Related Terms


Tipco Foods (Thailand) Asset Turnover Historical Data

* Premium members only.

The historical data trend for Tipco Foods (Thailand)'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.

Tipco Foods (Thailand) Asset Turnover Chart

Tipco Foods (Thailand) 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 0.38 0.45 0.30 0.33 0.35

Tipco Foods (Thailand) Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.09 0.09 0.08 0.09 0.09

BKK:TIPCO vs KO, PEP, MNST: Asset Turnover Comparison

For the Beverages - Non-Alcoholic subindustry, Tipco Foods (Thailand)'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.


Tipco Foods (Thailand) Asset Turnover vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Tipco Foods (Thailand)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Tipco Foods (Thailand)'s Asset Turnover falls into.


BKK:TIPCO
54GF Score
Tipco Foods (Thailand) PLC BKK:TIPCO
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tipco Foods (Thailand) Asset Turnover Calculation

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

Tipco Foods (Thailand)'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 )
=1968.898/( (5903.844+5418.466)/ 2 )
=1968.898/5661.155
=0.35

Tipco Foods (Thailand)'s Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=482.097/( (5747.938+5418.466)/ 2 )
=482.097/5583.202
=0.09

* 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 0.09 mean?
Tipco Foods (Thailand) (BKK:TIPCO) has a Asset Turnover of 0.09 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tipco Foods (Thailand) and its competitors.
Is Tipco Foods (Thailand)'s Asset Turnover too high?
Tipco Foods (Thailand)'s current Asset Turnover is 0.09. Overall, Tipco Foods (Thailand) has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tipco Foods (Thailand)'s Asset Turnover compare to KO and PEP?
Tipco Foods (Thailand)'s Asset Turnover of 0.09 can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Asset Turnover depends on the Beverages - Non-Alcoholic 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 Tipco Foods (Thailand) and its competitors. Tipco Foods (Thailand)'s current Asset Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Foods (Thailand) stock overvalued right now?
Based on GuruFocus' analysis, Tipco Foods (Thailand) (BKK:TIPCO) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿7.93, compared to a current price of ฿6.35 — trading 19.9% below its estimated fair value. The current Asset Turnover is 0.09. Tipco Foods (Thailand)'s overall GF Score™ is 54/100 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 Tipco Foods (Thailand) (BKK:TIPCO), the current Asset Turnover is 0.09 as of Dec. 2025. 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 Tipco Foods (Thailand) (BKK:TIPCO) Overvalued in 2026?

Based on GuruFocus' analysis, Tipco Foods (Thailand) stock appears to be undervalued. The current stock price of ฿6.35 is trading 19.9% below its estimated GF Value™ of ฿7.93. GuruFocus considers Tipco Foods (Thailand) to be Modestly Undervalued.

Key valuation signals for BKK:TIPCO:

  • Asset Turnover: 0.09
  • GF Value™: ฿7.93 vs. price of ฿6.35 (19.9% below fair value)
  • GF Score™: 54/100 with 4 warning signs

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


Tipco Foods (Thailand) Business Description

Address 118/1 Rama 6 Road, Tipco Tower, 27th-28th Floor, Phayathai Subdistrict, Phayathai District, Bangkok, THA, 10400
Tipco Foods (Thailand) PLC is principally engaged in manufacturing and distributing mineral water. The company's operating segments are: Products of vegetables and fruits, Beverages, and Others. The majority of the company's revenue is derived from the Beverages segment, which manufactures and distributes natural mineral water ready-to-drink under the AURA brand and other beverages such as fruit essence, pro fiber drinks, and juices under the Tipco brand.
54GF Score

Get the complete analysis for BKK:TIPCO

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

฿6.35
Price
฿7.93
GF Value