Refinaria De Petroleos Manguinhos (BSP:RPMG3) Asset Turnover: 0.25 (As of Jun. 2025)


BSP:RPMG3 Refinaria De Petroleos Manguinhos SA BSP:RPMG3
50 GF Score
Price R$1.22
GF Value R$4.44
Valuation Possible Value Trap
! 2 Warning Signs
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What is Refinaria De Petroleos Manguinhos Asset Turnover?

Refinaria De Petroleos Manguinhos BSP:RPMG3 -3.17% 50 Asset Turnover is 0.25 as of Jun. 2025. GuruFocus rates BSP:RPMG3 with a GF Score™ of 50/100 and a GF Value™ of R$4.44 (Possible Value Trap). 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. Refinaria De Petroleos Manguinhos's Revenue for the three months ended in Jun. 2025 was R$2,406 Mil. Refinaria De Petroleos Manguinhos's Total Assets for the quarter that ended in Jun. 2025 was R$9,686 Mil. Therefore, Refinaria De Petroleos Manguinhos's Asset Turnover for the quarter that ended in Jun. 2025 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Refinaria De Petroleos Manguinhos's annualized ROE % for the quarter that ended in Jun. 2025 was 28.67%. It is also linked to ROA % through Du Pont Formula. Refinaria De Petroleos Manguinhos's annualized ROA % for the quarter that ended in Jun. 2025 was -21.24%.


Refinaria De Petroleos Manguinhos  (BSP:RPMG3) Asset Turnover Explanation

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

Refinaria De Petroleos Manguinhos's annulized ROE % for the quarter that ended in Jun. 2025 is

ROE %**(Q: Jun. 2025 )
=Net Income/Total Stockholders Equity
=-2057.472/-7176.19
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2057.472 / 9622.572)*(9622.572 / 9685.615)*(9685.615/ -7176.19)
=Net Margin %*Asset Turnover*Equity Multiplier
=-21.38 %*0.9935*-1.3497
=ROA %*Equity Multiplier
=-21.24 %*-1.3497
=28.67 %

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

Refinaria De Petroleos Manguinhos's annulized ROA % for the quarter that ended in Jun. 2025 is

ROA %(Q: Jun. 2025 )
=Net Income/Total Assets
=-2057.472/9685.615
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2057.472 / 9622.572)*(9622.572 / 9685.615)
=Net Margin %*Asset Turnover
=-21.38 %*0.9935
=-21.24 %

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


Refinaria De Petroleos Manguinhos Asset Turnover Related Terms


Refinaria De Petroleos Manguinhos Asset Turnover Historical Data

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The historical data trend for Refinaria De Petroleos Manguinhos'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.

Refinaria De Petroleos Manguinhos Asset Turnover Chart

Refinaria De Petroleos Manguinhos Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.60 1.08 0.92 0.95

Refinaria De Petroleos Manguinhos Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 0.25 0.29 0.22 0.25

BSP:RPMG3 vs VLO, MPC, PSX: Asset Turnover Comparison

For the Oil & Gas Refining & Marketing subindustry, Refinaria De Petroleos Manguinhos'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.


Refinaria De Petroleos Manguinhos Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Refinaria De Petroleos Manguinhos's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Refinaria De Petroleos Manguinhos's Asset Turnover falls into.


BSP:RPMG3
50GF Score
Refinaria De Petroleos Manguinhos SA BSP:RPMG3
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Refinaria De Petroleos Manguinhos Asset Turnover Calculation

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

Refinaria De Petroleos Manguinhos's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=6983.506/( (5973.871+8693.163)/ 2 )
=6983.506/7333.517
=0.95

Refinaria De Petroleos Manguinhos's Asset Turnover for the quarter that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2025 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Jun. 2025 ))/ count )
=2405.643/( (9083.407+10287.823)/ 2 )
=2405.643/9685.615
=0.25

* 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 0.25 mean?
Refinaria De Petroleos Manguinhos (BSP:RPMG3) has a Asset Turnover of 0.25 as of Jun. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Refinaria De Petroleos Manguinhos and its competitors.
Is Refinaria De Petroleos Manguinhos' Asset Turnover too high?
Refinaria De Petroleos Manguinhos' current Asset Turnover is 0.25. Overall, Refinaria De Petroleos Manguinhos has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Refinaria De Petroleos Manguinhos' Asset Turnover compare to VLO and MPC?
Refinaria De Petroleos Manguinhos' Asset Turnover of 0.25 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas 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 Refinaria De Petroleos Manguinhos and its competitors. Refinaria De Petroleos Manguinhos's current Asset Turnover is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refinaria De Petroleos Manguinhos stock overvalued right now?
Based on GuruFocus' analysis, Refinaria De Petroleos Manguinhos (BSP:RPMG3) is currently considered Possible Value Trap. The stock's GF Value™ is R$4.44, compared to a current price of R$1.22 — trading 72.5% below its estimated fair value. The current Asset Turnover is 0.25. Refinaria De Petroleos Manguinhos' overall GF Score™ is 50/100 with 2 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 Refinaria De Petroleos Manguinhos (BSP:RPMG3), the current Asset Turnover is 0.25 as of Jun. 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 Refinaria De Petroleos Manguinhos (BSP:RPMG3) Overvalued in 2026?

Based on GuruFocus' analysis, Refinaria De Petroleos Manguinhos stock appears to be undervalued. The current stock price of R$1.22 is trading 72.5% below its estimated GF Value™ of R$4.44. GuruFocus considers Refinaria De Petroleos Manguinhos to be Possible Value Trap.

Key valuation signals for BSP:RPMG3:

  • Asset Turnover: 0.25
  • GF Value™: R$4.44 vs. price of R$1.22 (72.5% below fair value)
  • GF Score™: 50/100 with 2 warning signs

No single metric tells the full story. See the BSP:RPMG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Refinaria De Petroleos Manguinhos Business Description

Industry EnergyOil & Gas
Address Avenida Brasil, 3141, Manguinhos, Rio de Janeiro, RJ, BRA, 20930041
Refinaria De Petroleos Manguinhos SA is engaged in the operation of the oil refinery, import, sale and export of crude oil and its derivatives, and provision of services related to the refining activity, among others.
50GF Score

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

R$1.22
Price
R$4.44
GF Value