Heidelberg Materials Bangladesh (DHA:HEIDELBCEM) Asset Turnover: 0.34 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:HEIDELBCEM Heidelberg Materials Bangladesh PLC DHA:HEIDELBCEM
71 GF Score
Price BDT212.40
GF Value BDT201.84
Valuation Fairly Valued
! 1 Warning Sign
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What is Heidelberg Materials Bangladesh Asset Turnover?

Heidelberg Materials Bangladesh DHA:HEIDELBCEM +1.00% 71 Asset Turnover is 0.34 as of Jun. 2026. GuruFocus rates DHA:HEIDELBCEM with a GF Score™ of 71/100 and a GF Value™ of BDT201.84 (Fairly Valued). The stock has 1 warning sign 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. Heidelberg Materials Bangladesh's Revenue for the three months ended in Jun. 2026 was BDT3,215 Mil. Heidelberg Materials Bangladesh's Total Assets for the quarter that ended in Jun. 2026 was BDT9,570 Mil. Therefore, Heidelberg Materials Bangladesh's Asset Turnover for the quarter that ended in Jun. 2026 was 0.34.

Asset Turnover is linked to ROE % through Du Pont Formula. Heidelberg Materials Bangladesh's annualized ROE % for the quarter that ended in Jun. 2026 was -6.03%. It is also linked to ROA % through Du Pont Formula. Heidelberg Materials Bangladesh's annualized ROA % for the quarter that ended in Jun. 2026 was -2.56%.


Heidelberg Materials Bangladesh  (DHA:HEIDELBCEM) Asset Turnover Explanation

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

Heidelberg Materials Bangladesh's annulized ROE % for the quarter that ended in Jun. 2026 is

ROE %**(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=-245.304/4065.496
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-245.304 / 12860.444)*(12860.444 / 9569.856)*(9569.856/ 4065.496)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.91 %*1.3438*2.3539
=ROA %*Equity Multiplier
=-2.56 %*2.3539
=-6.03 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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:

Heidelberg Materials Bangladesh's annulized ROA % for the quarter that ended in Jun. 2026 is

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=-245.304/9569.856
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-245.304 / 12860.444)*(12860.444 / 9569.856)
=Net Margin %*Asset Turnover
=-1.91 %*1.3438
=-2.56 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


Heidelberg Materials Bangladesh Asset Turnover Related Terms


Heidelberg Materials Bangladesh Asset Turnover Historical Data

* Premium members only.

The historical data trend for Heidelberg Materials Bangladesh'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.

Heidelberg Materials Bangladesh Asset Turnover Chart

Heidelberg Materials Bangladesh 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 1.56 1.86 1.68 1.25 1.43

Heidelberg Materials Bangladesh Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.33 0.33 0.36 0.39 0.34

DHA:HEIDELBCEM vs CRH, MLM, VMC: Asset Turnover Comparison

For the Building Materials subindustry, Heidelberg Materials Bangladesh'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.


Heidelberg Materials Bangladesh Asset Turnover vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Heidelberg Materials Bangladesh's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Heidelberg Materials Bangladesh's Asset Turnover falls into.


DHA:HEIDELBCEM
71GF Score
Heidelberg Materials Bangladesh PLC DHA:HEIDELBCEM
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Heidelberg Materials Bangladesh Asset Turnover Calculation

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

Heidelberg Materials Bangladesh'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 )
=14515.127/( (11000.831+9325.215)/ 2 )
=14515.127/10163.023
=1.43

Heidelberg Materials Bangladesh's Asset Turnover for the quarter that ended in Jun. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=3215.111/( (9508.904+9630.808)/ 2 )
=3215.111/9569.856
=0.34

* 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 0.34 mean?
Heidelberg Materials Bangladesh (DHA:HEIDELBCEM) has a Asset Turnover of 0.34 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Heidelberg Materials Bangladesh and its competitors.
Is Heidelberg Materials Bangladesh's Asset Turnover too high?
Heidelberg Materials Bangladesh's current Asset Turnover is 0.34. Overall, Heidelberg Materials Bangladesh has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heidelberg Materials Bangladesh's Asset Turnover compare to CRH and MLM?
Heidelberg Materials Bangladesh's Asset Turnover of 0.34 can be compared against companies in the Building Materials 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 Building Materials company?
A good Asset Turnover depends on the Building Materials 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 Heidelberg Materials Bangladesh and its competitors. Heidelberg Materials Bangladesh's current Asset Turnover is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heidelberg Materials Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Heidelberg Materials Bangladesh (DHA:HEIDELBCEM) is currently considered Fairly Valued. The stock's GF Value™ is BDT201.84, compared to a current price of BDT212.40 — trading 5.2% above its estimated fair value. The current Asset Turnover is 0.34. Heidelberg Materials Bangladesh's overall GF Score™ is 71/100 with 1 warning sign 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 Heidelberg Materials Bangladesh (DHA:HEIDELBCEM), the current Asset Turnover is 0.34 as of Jun. 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 Heidelberg Materials Bangladesh (DHA:HEIDELBCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Heidelberg Materials Bangladesh stock appears to be overvalued. The current stock price of BDT212.40 is trading 5.2% above its estimated GF Value™ of BDT201.84. GuruFocus considers Heidelberg Materials Bangladesh to be Fairly Valued.

Key valuation signals for DHA:HEIDELBCEM:

  • Asset Turnover: 0.34
  • GF Value™: BDT201.84 vs. price of BDT212.40 (5.2% above fair value)
  • GF Score™: 71/100 with 1 warning sign

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


Heidelberg Materials Bangladesh Business Description

Address Road No.142, Symphony (6th & 7th Floor), Plot No. SE (F)9, Gulshan Avenue South, Dhaka, BGD, 1212
Heidelberg Materials Bangladesh PLC offers a diverse and sustainable range of cement solutions. Its product portfolio comprises Ordinary Portland Cement (OPC), Portland Composite Cement (PCC), Blast Furnace/Composite Cement (Multi-Purpose Cement), evoBuild, and Sulphate Resistant Cement (SRC), marketed under the Company's two brands, ScanCement and RubyCement. The Company is engaged in projects such as Bijoy Sarani, Mohakhali Flyover, Lalon Shah (Pakshi) Bridge, Shah Amanat International Airport, Third Karnaphuli Bridge, Summit Meghnaghat Power Plant, North-South University, Chittagong Port Flyover, Dhaka Chattogram Four-Lane Highway, and many others.
71GF Score

Get the complete analysis for DHA:HEIDELBCEM

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

BDT212.40
Price
BDT201.84
GF Value