United Palm Oil Industry PCL (BKK:UPOIC-R) Asset Turnover: 0.24 (As of Mar. 2026)


BKK:UPOIC-R United Palm Oil Industry PCL BKK:UPOIC-R
74 GF Score
Price ฿6.95
GF Value ฿7.77
! 5 Warning Signs
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What is United Palm Oil Industry PCL Asset Turnover?

United Palm Oil Industry PCL BKK:UPOIC-R 74 Asset Turnover is 0.24 as of Mar. 2026. GuruFocus rates BKK:UPOIC-R with a GF Score™ of 74/100 and a GF Value™ of ฿7.77. The stock has 5 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. United Palm Oil Industry PCL's Revenue for the three months ended in Mar. 2026 was ฿509 Mil. United Palm Oil Industry PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿2,109 Mil. Therefore, United Palm Oil Industry PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.24.

Asset Turnover is linked to ROE % through Du Pont Formula. United Palm Oil Industry PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 17.49%. It is also linked to ROA % through Du Pont Formula. United Palm Oil Industry PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 14.95%.


United Palm Oil Industry PCL  (BKK:UPOIC-R) Asset Turnover Explanation

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

United Palm Oil Industry PCL's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=315.248/1802.515
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(315.248 / 2037.788)*(2037.788 / 2109.019)*(2109.019/ 1802.515)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.47 %*0.9662*1.17
=ROA %*Equity Multiplier
=14.95 %*1.17
=17.49 %

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:

United Palm Oil Industry PCL's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=315.248/2109.019
=(Net Income / Revenue)*(Revenue / Total Assets)
=(315.248 / 2037.788)*(2037.788 / 2109.019)
=Net Margin %*Asset Turnover
=15.47 %*0.9662
=14.95 %

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.


United Palm Oil Industry PCL Asset Turnover Related Terms


United Palm Oil Industry PCL Asset Turnover Historical Data

* Premium members only.

The historical data trend for United Palm Oil Industry 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.

United Palm Oil Industry PCL Asset Turnover Chart

United Palm Oil Industry 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 1.28 1.27 0.82 0.95 0.99

United Palm Oil Industry 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 0.35 0.27 0.18 0.24

BKK:UPOIC-R vs ADM, BG, TSN: Asset Turnover Comparison

For the Farm Products subindustry, United Palm Oil Industry 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.


United Palm Oil Industry PCL Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, United Palm Oil Industry PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where United Palm Oil Industry PCL's Asset Turnover falls into.


BKK:UPOIC-R
74GF Score
United Palm Oil Industry PCL BKK:UPOIC-R
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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United Palm Oil Industry PCL Asset Turnover Calculation

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

United Palm Oil Industry 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 )
=1870.805/( (1774.559+1989.518)/ 2 )
=1870.805/1882.0385
=0.99

United Palm Oil Industry 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 )
=509.447/( (1989.518+2228.52)/ 2 )
=509.447/2109.019
=0.24

* 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 0.24 mean?
United Palm Oil Industry PCL (BKK:UPOIC-R) has a Asset Turnover of 0.24 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on United Palm Oil Industry PCL and its competitors.
Is United Palm Oil Industry PCL's Asset Turnover too high?
United Palm Oil Industry PCL's current Asset Turnover is 0.24. Overall, United Palm Oil Industry PCL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does United Palm Oil Industry PCL's Asset Turnover compare to ADM and BG?
United Palm Oil Industry PCL's Asset Turnover of 0.24 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 United Palm Oil Industry PCL and its competitors. United Palm Oil Industry PCL's current Asset Turnover is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Palm Oil Industry PCL stock overvalued right now?
United Palm Oil Industry PCL (BKK:UPOIC-R) has a current Asset Turnover of 0.24. The stock's GF Value™ is ฿7.77, compared to a current price of ฿6.95 — trading 10.6% below its estimated fair value. The current Asset Turnover is 0.24. United Palm Oil Industry PCL's overall GF Score™ is 74/100 with 5 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 United Palm Oil Industry PCL (BKK:UPOIC-R), the current Asset Turnover is 0.24 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 United Palm Oil Industry PCL (BKK:UPOIC-R) Overvalued in 2026?

Based on GuruFocus' analysis, United Palm Oil Industry PCL stock appears to be undervalued. The current stock price of ฿6.95 is trading 10.6% below its estimated GF Value™ of ฿7.77.

Key valuation signals for BKK:UPOIC-R:

  • Asset Turnover: 0.24
  • GF Value™: ฿7.77 vs. price of ฿6.95 (10.6% below fair value)
  • GF Score™: 74/100 with 5 warning signs

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


United Palm Oil Industry PCL Business Description

Other Exchanges UPOIC:Thailand
Address No. 64, 1st Floor, Soi Bangna-Trad 25, Bangna Neua Sub-District, Bangna District, Bangkok, THA, 10260
United Palm Oil Industry PCL engaged in the manufacture of crude palm oil and palm kernel oil. The company's business operations involve two principal segments; oil palm plantation, crude palm oil and crude palm kernel oil processing, which generates key revenue; and the generation of electricity from biogases and biomasses. These activities are carried on exclusively in a single geographic area of Thailand.
74GF Score

Get the complete analysis for BKK:UPOIC-R

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

฿6.95
Price
฿7.77
GF Value