The Practical Solution PCL (BKK:TPS) Asset Turnover: 0.18 (As of Mar. 2026)


BKK:TPS The Practical Solution PCL BKK:TPS
89 GF Score
Price ฿3.16
GF Value ฿3.15
Valuation Fairly Valued
! 7 Warning Signs
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What is The Practical Solution PCL Asset Turnover?

The Practical Solution PCL BKK:TPS -0.63% 89 Asset Turnover is 0.18 as of Mar. 2026. GuruFocus rates BKK:TPS with a GF Score™ of 89/100 and a GF Value™ of ฿3.15 (Fairly Valued). The stock has 7 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. The Practical Solution PCL's Revenue for the three months ended in Mar. 2026 was ฿262 Mil. The Practical Solution PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿1,464 Mil. Therefore, The Practical Solution PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. The Practical Solution PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 9.25%. It is also linked to ROA % through Du Pont Formula. The Practical Solution PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 4.54%.


The Practical Solution PCL  (BKK:TPS) Asset Turnover Explanation

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

The Practical Solution PCL's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=66.428/718.324
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(66.428 / 1046.664)*(1046.664 / 1463.8385)*(1463.8385/ 718.324)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.35 %*0.715*2.0379
=ROA %*Equity Multiplier
=4.54 %*2.0379
=9.25 %

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:

The Practical Solution PCL's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=66.428/1463.8385
=(Net Income / Revenue)*(Revenue / Total Assets)
=(66.428 / 1046.664)*(1046.664 / 1463.8385)
=Net Margin %*Asset Turnover
=6.35 %*0.715
=4.54 %

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.


The Practical Solution PCL Asset Turnover Related Terms


The Practical Solution PCL Asset Turnover Historical Data

* Premium members only.

The historical data trend for The Practical Solution 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.

The Practical Solution PCL Asset Turnover Chart

The Practical Solution 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 0.84 1.17 1.36 1.34 1.16

The Practical Solution 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 0.28 0.31 0.32 0.33 0.18

BKK:TPS vs IBM, ACN, FISV: Asset Turnover Comparison

For the Information Technology Services subindustry, The Practical Solution 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.


The Practical Solution PCL Asset Turnover vs Software Industry

For the Software industry and Technology sector, The Practical Solution PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where The Practical Solution PCL's Asset Turnover falls into.


BKK:TPS
89GF Score
The Practical Solution PCL BKK:TPS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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The Practical Solution PCL Asset Turnover Calculation

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

The Practical Solution 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 )
=1570.268/( (1275.323+1441.399)/ 2 )
=1570.268/1358.361
=1.16

The Practical Solution 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 )
=261.666/( (1441.399+1486.278)/ 2 )
=261.666/1463.8385
=0.18

* 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 0.18 mean?
The Practical Solution PCL (BKK:TPS) has a Asset Turnover of 0.18 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on The Practical Solution PCL and its competitors.
Is The Practical Solution PCL's Asset Turnover too high?
The Practical Solution PCL's current Asset Turnover is 0.18. Overall, The Practical Solution PCL has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Practical Solution PCL's Asset Turnover compare to IBM and ACN?
The Practical Solution PCL's Asset Turnover of 0.18 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 The Practical Solution PCL and its competitors. The Practical Solution PCL's current Asset Turnover is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Practical Solution PCL stock overvalued right now?
Based on GuruFocus' analysis, The Practical Solution PCL (BKK:TPS) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.15, compared to a current price of ฿3.16 — trading 0.3% above its estimated fair value. The current Asset Turnover is 0.18. The Practical Solution PCL's overall GF Score™ is 89/100 with 7 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 The Practical Solution PCL (BKK:TPS), the current Asset Turnover is 0.18 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 The Practical Solution PCL (BKK:TPS) Overvalued in 2026?

Based on GuruFocus' analysis, The Practical Solution PCL stock appears to be overvalued. The current stock price of ฿3.16 is trading 0.3% above its estimated GF Value™ of ฿3.15. GuruFocus considers The Practical Solution PCL to be Fairly Valued.

Key valuation signals for BKK:TPS:

  • Asset Turnover: 0.18
  • GF Value™: ฿3.15 vs. price of ฿3.16 (0.3% above fair value)
  • GF Score™: 89/100 with 7 warning signs

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


The Practical Solution PCL Business Description

Address Rachadapisek Road, No. 99 Soi Cement Thai, Lat Yao Subdistrict, Chatuchak District, Bangkok, THA, 10900
The Practical Solution PCL is engaged in the distribution and installation of computer network systems, fully integrated communication systems, wireless communication systems, network security systems, data center solutions and management systems, and network system management, including providing maintenance services related to such systems. The firm operates in the segments of Sales including installment, Maintenance services, Construction, and Others. The majority of revenue is from sales including installment segment. Geographically, it operates in Thailand only.
89GF Score

Get the complete analysis for BKK:TPS

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

฿3.16
Price
฿3.15
GF Value