The Thai Setakij Insurance PCL (BKK:TSI-R) Asset Turnover: 0.28 (As of Mar. 2026)


What is The Thai Setakij Insurance PCL Asset Turnover?

The Thai Setakij Insurance PCL BKK:TSI-R Asset Turnover is 0.28 as of Mar. 2026. The stock has 2 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 Thai Setakij Insurance PCL's Revenue for the three months ended in Mar. 2026 was ฿301 Mil. The Thai Setakij Insurance PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿1,089 Mil. Therefore, The Thai Setakij Insurance PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.28.

Asset Turnover is linked to ROE % through Du Pont Formula. The Thai Setakij Insurance PCL's annualized ROE % for the quarter that ended in Mar. 2026 was -22.99%. It is also linked to ROA % through Du Pont Formula. The Thai Setakij Insurance PCL's annualized ROA % for the quarter that ended in Mar. 2026 was -5.21%.


The Thai Setakij Insurance PCL  (BKK:TSI-R) Asset Turnover Explanation

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

The Thai Setakij Insurance PCL's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-56.784/247.0285
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-56.784 / 1202.248)*(1202.248 / 1088.9605)*(1088.9605/ 247.0285)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.72 %*1.104*4.4082
=ROA %*Equity Multiplier
=-5.21 %*4.4082
=-22.99 %

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 Thai Setakij Insurance PCL's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-56.784/1088.9605
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-56.784 / 1202.248)*(1202.248 / 1088.9605)
=Net Margin %*Asset Turnover
=-4.72 %*1.104
=-5.21 %

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 Thai Setakij Insurance PCL Asset Turnover Related Terms


The Thai Setakij Insurance PCL Asset Turnover Historical Data

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The historical data trend for The Thai Setakij Insurance 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 Thai Setakij Insurance PCL Asset Turnover Chart

The Thai Setakij Insurance 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 0.37 0.44 0.44 1.08 1.08

The Thai Setakij Insurance 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 0.22 0.26 0.29 0.31 0.28

BKK:TSI-R vs CB, PGR, TRV: Asset Turnover Comparison

For the Insurance - Property & Casualty subindustry, The Thai Setakij Insurance 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 Thai Setakij Insurance PCL Asset Turnover vs Insurance Industry

For the Insurance industry and Financial Services sector, The Thai Setakij Insurance PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where The Thai Setakij Insurance PCL's Asset Turnover falls into.



The Thai Setakij Insurance PCL Asset Turnover Calculation

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

The Thai Setakij Insurance 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 )
=1208.8/( (1089.083+1160.686)/ 2 )
=1208.8/1124.8845
=1.07

The Thai Setakij Insurance 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 )
=300.562/( (1160.686+1017.235)/ 2 )
=300.562/1088.9605
=0.28

* 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 0.28 mean?
The Thai Setakij Insurance PCL (BKK:TSI-R) has a Asset Turnover of 0.28 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on The Thai Setakij Insurance PCL and its competitors.
Is The Thai Setakij Insurance PCL's Asset Turnover too high?
The Thai Setakij Insurance PCL's current Asset Turnover is 0.28.
How does The Thai Setakij Insurance PCL's Asset Turnover compare to CB and PGR?
The Thai Setakij Insurance PCL's Asset Turnover of 0.28 can be compared against companies in the Insurance 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 an Insurance company?
A good Asset Turnover depends on the Insurance 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 Thai Setakij Insurance PCL and its competitors. The Thai Setakij Insurance PCL's current Asset Turnover is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Thai Setakij Insurance PCL stock overvalued right now?
The Thai Setakij Insurance PCL (BKK:TSI-R) has a current Asset Turnover of 0.28. The stock's GF Value™ is ฿0.13, compared to a current price of ฿0.06 — trading 53.8% below its estimated fair value. The current Asset Turnover is 0.28. 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 Thai Setakij Insurance PCL (BKK:TSI-R), the current Asset Turnover is 0.28 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.

The Thai Setakij Insurance PCL Business Description

Other Exchanges TSI:Thailand
Address Wireless Road, 15th Floor, Unit no. 1 and 4-6, 87 M. Thai Tower, All Seasons Place, Lumpini Subdistrict, Pathumwan District, Bangkok, THA, 10330
The Thai Setakij Insurance PCL is a company operating in the insurance sector. The primary activity of the company is to provide non-life insurance services. Its non-life insurance products include Fire insurance; Marine and transportation insurance; Motor insurance; and Miscellaneous insurance. The company operates principally in Thailand and generates key revenue from the Motor insurance Business unit.