Titas Gas Transmission and Distribution (DHA:TITASGAS) Asset Turnover: 0.22 (As of Mar. 2026)


DHA:TITASGAS Titas Gas Transmission and Distribution PLC DHA:TITASGAS
68 GF Score
Price BDT17.80
GF Value BDT23.36
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Titas Gas Transmission and Distribution Asset Turnover?

Titas Gas Transmission and Distribution DHA:TITASGAS -0.56% 68 Asset Turnover is 0.22 as of Mar. 2026. GuruFocus rates DHA:TITASGAS with a GF Score™ of 68/100 and a GF Value™ of BDT23.36 (Modestly Undervalued). The stock has 7 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. Titas Gas Transmission and Distribution's Revenue for the three months ended in Mar. 2026 was BDT86,135 Mil. Titas Gas Transmission and Distribution's Total Assets for the quarter that ended in Mar. 2026 was BDT390,328 Mil. Therefore, Titas Gas Transmission and Distribution's Asset Turnover for the quarter that ended in Mar. 2026 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. Titas Gas Transmission and Distribution's annualized ROE % for the quarter that ended in Mar. 2026 was -10.67%. It is also linked to ROA % through Du Pont Formula. Titas Gas Transmission and Distribution's annualized ROA % for the quarter that ended in Mar. 2026 was -2.29%.


Titas Gas Transmission and Distribution  (DHA:TITASGAS) Asset Turnover Explanation

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

Titas Gas Transmission and Distribution's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-8955.068/83935.554
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8955.068 / 344538.252)*(344538.252 / 390328.176)*(390328.176/ 83935.554)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.6 %*0.8827*4.6503
=ROA %*Equity Multiplier
=-2.29 %*4.6503
=-10.67 %

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:

Titas Gas Transmission and Distribution's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-8955.068/390328.176
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-8955.068 / 344538.252)*(344538.252 / 390328.176)
=Net Margin %*Asset Turnover
=-2.6 %*0.8827
=-2.29 %

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.


Titas Gas Transmission and Distribution Asset Turnover Related Terms


Titas Gas Transmission and Distribution Asset Turnover Historical Data

* Premium members only.

The historical data trend for Titas Gas Transmission and Distribution'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.

Titas Gas Transmission and Distribution Asset Turnover Chart

Titas Gas Transmission and Distribution 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 0.99 1.00 1.23 1.20 0.97

Titas Gas Transmission and Distribution 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 0.24 0.23 0.25 0.24 0.22

DHA:TITASGAS vs ATO, NI, UGI: Asset Turnover Comparison

For the Utilities - Regulated Gas subindustry, Titas Gas Transmission and Distribution'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.


Titas Gas Transmission and Distribution Asset Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Titas Gas Transmission and Distribution's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Titas Gas Transmission and Distribution's Asset Turnover falls into.


DHA:TITASGAS
68GF Score
Titas Gas Transmission and Distribution PLC DHA:TITASGAS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Titas Gas Transmission and Distribution Asset Turnover Calculation

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

Titas Gas Transmission and Distribution'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 )
=354288.874/( (350693.066+382069.364)/ 2 )
=354288.874/366381.215
=0.97

Titas Gas Transmission and Distribution'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 )
=86134.563/( (393100.951+387555.401)/ 2 )
=86134.563/390328.176
=0.22

* 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 0.22 mean?
Titas Gas Transmission and Distribution (DHA:TITASGAS) has a Asset Turnover of 0.22 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Titas Gas Transmission and Distribution and its competitors.
Is Titas Gas Transmission and Distribution's Asset Turnover too high?
Titas Gas Transmission and Distribution's current Asset Turnover is 0.22. Overall, Titas Gas Transmission and Distribution has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Titas Gas Transmission and Distribution's Asset Turnover compare to ATO and NI?
Titas Gas Transmission and Distribution's Asset Turnover of 0.22 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Asset Turnover depends on the Utilities - Regulated 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 Titas Gas Transmission and Distribution and its competitors. Titas Gas Transmission and Distribution's current Asset Turnover is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titas Gas Transmission and Distribution stock overvalued right now?
Based on GuruFocus' analysis, Titas Gas Transmission and Distribution (DHA:TITASGAS) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT23.36, compared to a current price of BDT17.80 — trading 23.8% below its estimated fair value. The current Asset Turnover is 0.22. Titas Gas Transmission and Distribution's overall GF Score™ is 68/100 with 7 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 Titas Gas Transmission and Distribution (DHA:TITASGAS), the current Asset Turnover is 0.22 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 Titas Gas Transmission and Distribution (DHA:TITASGAS) Overvalued in 2026?

Based on GuruFocus' analysis, Titas Gas Transmission and Distribution stock appears to be undervalued. The current stock price of BDT17.80 is trading 23.8% below its estimated GF Value™ of BDT23.36. GuruFocus considers Titas Gas Transmission and Distribution to be Modestly Undervalued.

Key valuation signals for DHA:TITASGAS:

  • Asset Turnover: 0.22
  • GF Value™: BDT23.36 vs. price of BDT17.80 (23.8% below fair value)
  • GF Score™: 68/100 with 7 warning signs

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


Titas Gas Transmission and Distribution Business Description

Address 105, Kazi Nazrul Islam Avenue, Titas Gas Bhaban, Kawran Bazar Commerial Area, Dhaka, BGD, 1215
Titas Gas Transmission and Distribution PLC is principally engaged in the business of natural gas distribution. The company aims to transmit natural gas from the gas fields to different areas to distribute the same to the consumers in power, fertilizer, industrial, commercial, captive power, feed gas for CNG, and domestic categories within its franchise areas, viz. greater Dhaka & Mymensingh districts. The company supplies gas to power stations, fertilizer factories, industries, commercial users, captive power plants, compressed natural gas stations, and households through an extensive pipeline network.
68GF Score

Get the complete analysis for DHA:TITASGAS

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

BDT17.80
Price
BDT23.36
GF Value