Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ALEC Holdings PJSC's Revenue for the
six
months ended in Dec. 2025 was د.إ7,242 Mil. ALEC Holdings PJSC's Total Assets for the quarter that ended in Dec. 2025 was د.إ9,849 Mil. Therefore, ALEC Holdings PJSC's Asset Turnover for the quarter that ended in Dec. 2025 was 0.74.
Asset Turnover is linked to ROE % through Du Pont Formula. ALEC Holdings PJSC's annualizedROE % for the quarter that ended in Dec. 2025 was 75.18%. It is also linked to ROA % through Du Pont Formula. ALEC Holdings PJSC's annualizedROA % for the quarter that ended in Dec. 2025 was 9.11%.
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 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:
ALEC Holdings PJSC's annulizedROA % for the quarter that ended in Dec. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.
ALEC Holdings PJSC Asset Turnover Related Terms
ALEC Holdings PJSC Asset Turnover Historical Data
* Premium members only.
The historical data trend for ALEC Holdings PJSC'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.
DFM:ALEC vs PWR, FIX, EME: Asset Turnover Comparison
For the Engineering & Construction subindustry, ALEC Holdings PJSC'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.
ALEC Holdings PJSC Asset Turnover vs Construction Industry
For the Construction industry and Industrials sector, ALEC Holdings PJSC's Asset Turnover distribution charts can be found below:
* The bar in red indicates where ALEC Holdings PJSC'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.
ALEC Holdings PJSC (DFM:ALEC) has a Asset Turnover of 0.74 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on ALEC Holdings PJSC and its competitors.
Is ALEC Holdings PJSC's Asset Turnover too high?
ALEC Holdings PJSC's current Asset Turnover is 0.74. Overall, ALEC Holdings PJSC has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does ALEC Holdings PJSC's Asset Turnover compare to PWR and FIX?
ALEC Holdings PJSC's Asset Turnover of 0.74 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 ALEC Holdings PJSC and its competitors. ALEC Holdings PJSC's current Asset Turnover is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALEC Holdings PJSC stock overvalued right now?
ALEC Holdings PJSC (DFM:ALEC) has a current Asset Turnover of 0.74. The current Asset Turnover is 0.74. ALEC Holdings PJSC's overall GF Score™ is 33/100 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 ALEC Holdings PJSC (DFM:ALEC), the current Asset Turnover is 0.74 as of Dec. 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.
ALEC Holdings PJSC is a diversified engineering and construction group in the UAE and KSA, specializing in large-scale, complex, and iconic projects across various sectors including commercial, hospitality, retail, and infrastructure. The company offers comprehensive turnkey solutions encompassing construction, MEP, fit-out, energy, and data center solutions, with a focus on innovation, quality, and sustainability. The management of the Group assess the Group into four key business units: Building and Infrastructure Construction Services, Energy, Related Businesses and Corporate Activities.
33GF Score
Get the complete analysis for DFM:ALEC
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DFM:ALEC has been successfully added to your 