Safko Spinning Mills (DHA:SAFKOSPINN) Asset Turnover: 0.01 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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DHA:SAFKOSPINN Safko Spinning Mills Ltd DHA:SAFKOSPINN
52 GF Score
Price BDT21.10
GF Value BDT15.10
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Safko Spinning Mills Asset Turnover?

Safko Spinning Mills DHA:SAFKOSPINN +0.48% 52 Asset Turnover is 0.01 as of Mar. 2026. GuruFocus rates DHA:SAFKOSPINN with a GF Score™ of 52/100 and a GF Value™ of BDT15.10 (Significantly Overvalued). The stock has 8 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. Safko Spinning Mills's Revenue for the three months ended in Mar. 2026 was BDT10.95 Mil. Safko Spinning Mills's Total Assets for the quarter that ended in Mar. 2026 was BDT1,394.94 Mil. Therefore, Safko Spinning Mills's Asset Turnover for the quarter that ended in Mar. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Safko Spinning Mills's annualized ROE % for the quarter that ended in Mar. 2026 was 262.56%. It is also linked to ROA % through Du Pont Formula. Safko Spinning Mills's annualized ROA % for the quarter that ended in Mar. 2026 was -10.15%.


Safko Spinning Mills  (DHA:SAFKOSPINN) Asset Turnover Explanation

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

Safko Spinning Mills's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-141.564/-53.916
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-141.564 / 43.8)*(43.8 / 1394.944)*(1394.944/ -53.916)
=Net Margin %*Asset Turnover*Equity Multiplier
=-323.21 %*0.0314*-25.8725
=ROA %*Equity Multiplier
=-10.15 %*-25.8725
=262.56 %

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:

Safko Spinning Mills's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-141.564/1394.944
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-141.564 / 43.8)*(43.8 / 1394.944)
=Net Margin %*Asset Turnover
=-323.21 %*0.0314
=-10.15 %

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.


Safko Spinning Mills Asset Turnover Related Terms


Safko Spinning Mills Asset Turnover Historical Data

* Premium members only.

The historical data trend for Safko Spinning Mills'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.

Safko Spinning Mills Asset Turnover Chart

Safko Spinning Mills Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.33 0.20 0.02 0.02

Safko Spinning Mills 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 0.00 0.02 0.00 0.00 0.01

Safko Spinning Mills Asset Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Safko Spinning Mills'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.


Safko Spinning Mills Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Safko Spinning Mills's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Safko Spinning Mills's Asset Turnover falls into.


DHA:SAFKOSPINN
52GF Score
Safko Spinning Mills Ltd DHA:SAFKOSPINN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Safko Spinning Mills Asset Turnover Calculation

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

Safko Spinning Mills's Asset Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=26.902/( (1652.303+1430.425)/ 2 )
=26.902/1541.364
=0.02

Safko Spinning Mills'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 )
=10.95/( (1403.829+1386.059)/ 2 )
=10.95/1394.944
=0.01

* 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 0.01 mean?
Safko Spinning Mills (DHA:SAFKOSPINN) has a Asset Turnover of 0.01 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Safko Spinning Mills and its competitors.
Is Safko Spinning Mills' Asset Turnover too high?
Safko Spinning Mills' current Asset Turnover is 0.01. Overall, Safko Spinning Mills has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safko Spinning Mills' Asset Turnover compare to competitors?
Safko Spinning Mills' Asset Turnover of 0.01 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories 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 Safko Spinning Mills and its competitors. Safko Spinning Mills's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safko Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Safko Spinning Mills (DHA:SAFKOSPINN) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT15.10, compared to a current price of BDT21.10 — trading 39.7% above its estimated fair value. The current Asset Turnover is 0.01. Safko Spinning Mills' overall GF Score™ is 52/100 with 8 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 Safko Spinning Mills (DHA:SAFKOSPINN), the current Asset Turnover is 0.01 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 Safko Spinning Mills (DHA:SAFKOSPINN) Overvalued in 2026?

Based on GuruFocus' analysis, Safko Spinning Mills stock appears to be overvalued. The current stock price of BDT21.10 is trading 39.7% above its estimated GF Value™ of BDT15.10. GuruFocus considers Safko Spinning Mills to be Significantly Overvalued.

Key valuation signals for DHA:SAFKOSPINN:

  • Asset Turnover: 0.01
  • GF Value™: BDT15.10 vs. price of BDT21.10 (39.7% above fair value)
  • GF Score™: 52/100 with 8 warning signs

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


Safko Spinning Mills Business Description

Address House No. 10, Road No. 1, Block B, 6th Floor, Niketon, Gulshan, Dhaka, BGD, 1212
Safko Spinning Mills Ltd is engaged in the manufacturing of Cotton yarn, Polyester, Cotton Blended yarn, Synthetic yarn, or other yarn for sale and export purpose. The spinning mill supplies yarns to the textile weaving market in Bangladesh and international markets. Its operations include the production of carded and combed cotton yarns, as well as polyester yarns. The company derives revenue from the sale of yarn to both the domestic textile sector and export oriented home textile industries.
52GF Score

Get the complete analysis for DHA:SAFKOSPINN

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

BDT21.10
Price
BDT15.10
GF Value