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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Trc Construction PCL's Revenue for the
three
months ended in Mar. 2026 was ฿119.2 Mil. Trc Construction PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿3,248.5 Mil. Therefore, Trc Construction PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.04.
Asset Turnover is linked to ROE % through Du Pont Formula. Trc Construction PCL's annualizedROE % for the quarter that ended in Mar. 2026 was 423.07%. It is also linked to ROA % through Du Pont Formula. Trc Construction PCL's annualizedROA % for the quarter that ended in Mar. 2026 was -6.45%.
Trc Construction PCL (BKK:TRC) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Trc Construction PCL's annulizedROE % for the quarter that ended in Mar. 2026 is
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:
Trc Construction PCL's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Trc Construction PCL Asset Turnover Related Terms
Trc Construction PCL Asset Turnover Historical Data
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The historical data trend for Trc 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.
BKK:TRC vs PWR, FIX, EME: Asset Turnover Comparison
For the Engineering & Construction subindustry, Trc 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.
Trc Construction PCL Asset Turnover vs Construction Industry
For the Construction industry and Industrials sector, Trc Construction PCL's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Trc Construction PCL's Asset Turnover falls into.
* 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.
Trc Construction PCL (BKK:TRC) has a Asset Turnover of 0.04 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Trc Construction PCL and its competitors.
Is Trc Construction PCL's Asset Turnover too high?
Trc Construction PCL's current Asset Turnover is 0.04. Overall, Trc Construction PCL has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trc Construction PCL's Asset Turnover compare to PWR and FIX?
Trc Construction PCL's Asset Turnover of 0.04 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 Trc Construction PCL and its competitors. Trc Construction PCL's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trc Construction PCL stock overvalued right now?
Based on GuruFocus' analysis, Trc Construction PCL (BKK:TRC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.32, compared to a current price of ฿0.57 — trading 78.1% above its estimated fair value. The current Asset Turnover is 0.04. Trc Construction PCL's overall GF Score™ is 28/100 with 6 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 Trc Construction PCL (BKK:TRC), the current Asset Turnover is 0.04 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 Trc Construction PCL (BKK:TRC) Overvalued in 2026?
Based on GuruFocus' analysis, Trc Construction PCL stock appears to be overvalued.
The current stock price of ฿0.57 is trading 78.1% above its estimated GF Value™ of ฿0.32.
GuruFocus considers Trc Construction PCL to be Significantly Overvalued.
Key valuation signals for BKK:TRC:
Asset Turnover: 0.04
GF Value™: ฿0.32 vs. price of ฿0.57 (78.1% above fair value)
No single metric tells the full story. See the BKK:TRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trc Construction PCL is engaged in the construction business. It offers engineering design, procurement, construction, project management and maintenance services. The Group is organized into business units based on its products and services and have four reportable segments as follows: Pipeline System Construction segment, Civil Work Construction segment, Engineering System installation and factory construction for energy and petrochemical business segment, and Sales and Other Services. The Civil Work Segment derives maximum revenue. Geographically, it operates only in Thailand.
28GF Score
Get the complete analysis for BKK:TRC
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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