Wharf Real Estate Investment Co (FRA:4WF) Asset Turnover: 0.03 (As of Dec. 2025)


FRA:4WF Wharf Real Estate Investment Co Ltd FRA:4WF
75 GF Score
Price €2.34
GF Value €2.53
Valuation Fairly Valued
! 3 Warning Signs
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What is Wharf Real Estate Investment Co Asset Turnover?

Wharf Real Estate Investment Co FRA:4WF -5.65% 75 Asset Turnover is 0.03 as of Dec. 2025. GuruFocus rates FRA:4WF with a GF Score™ of 75/100 and a GF Value™ of €2.53 (Fairly Valued). The stock has 3 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. Wharf Real Estate Investment Co's Revenue for the six months ended in Dec. 2025 was €703 Mil. Wharf Real Estate Investment Co's Total Assets for the quarter that ended in Dec. 2025 was €25,542 Mil. Therefore, Wharf Real Estate Investment Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Wharf Real Estate Investment Co's annualized ROE % for the quarter that ended in Dec. 2025 was -2.01%. It is also linked to ROA % through Du Pont Formula. Wharf Real Estate Investment Co's annualized ROA % for the quarter that ended in Dec. 2025 was -1.59%.


Wharf Real Estate Investment Co  (FRA:4WF) Asset Turnover Explanation

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

Wharf Real Estate Investment Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-406.322/20202.4425
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-406.322 / 1406.65)*(1406.65 / 25541.814)*(25541.814/ 20202.4425)
=Net Margin %*Asset Turnover*Equity Multiplier
=-28.89 %*0.0551*1.2643
=ROA %*Equity Multiplier
=-1.59 %*1.2643
=-2.01 %

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:

Wharf Real Estate Investment Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-406.322/25541.814
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-406.322 / 1406.65)*(1406.65 / 25541.814)
=Net Margin %*Asset Turnover
=-28.89 %*0.0551
=-1.59 %

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.


Wharf Real Estate Investment Co Asset Turnover Related Terms


Wharf Real Estate Investment Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Wharf Real Estate Investment Co'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.

Wharf Real Estate Investment Co Asset Turnover Chart

Wharf Real Estate Investment Co 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 0.06 0.05 0.05 0.06 0.05

Wharf Real Estate Investment Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.03 0.03 0.03 0.03 0.03

FRA:4WF vs CBRE, BEKE, JLL: Asset Turnover Comparison

For the Real Estate Services subindustry, Wharf Real Estate Investment Co'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.


Wharf Real Estate Investment Co Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wharf Real Estate Investment Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Wharf Real Estate Investment Co's Asset Turnover falls into.


FRA:4WF
75GF Score
Wharf Real Estate Investment Co Ltd FRA:4WF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Wharf Real Estate Investment Co Asset Turnover Calculation

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

Wharf Real Estate Investment Co'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 )
=1406.54/( (29248.303+25210.495)/ 2 )
=1406.54/27229.399
=0.05

Wharf Real Estate Investment Co's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=703.325/( (25873.133+25210.495)/ 2 )
=703.325/25541.814
=0.03

* 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 0.03 mean?
Wharf Real Estate Investment Co (FRA:4WF) has a Asset Turnover of 0.03 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Wharf Real Estate Investment Co and its competitors.
Is Wharf Real Estate Investment Co's Asset Turnover too high?
Wharf Real Estate Investment Co's current Asset Turnover is 0.03. Overall, Wharf Real Estate Investment Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wharf Real Estate Investment Co's Asset Turnover compare to CBRE and BEKE?
Wharf Real Estate Investment Co's Asset Turnover of 0.03 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Wharf Real Estate Investment Co and its competitors. Wharf Real Estate Investment Co's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wharf Real Estate Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Wharf Real Estate Investment Co (FRA:4WF) is currently considered Fairly Valued. The stock's GF Value™ is €2.53, compared to a current price of €2.34 — trading 7.5% below its estimated fair value. The current Asset Turnover is 0.03. Wharf Real Estate Investment Co's overall GF Score™ is 75/100 with 3 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 Wharf Real Estate Investment Co (FRA:4WF), the current Asset Turnover is 0.03 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.

Is Wharf Real Estate Investment Co (FRA:4WF) Overvalued in 2026?

Based on GuruFocus' analysis, Wharf Real Estate Investment Co stock appears to be undervalued. The current stock price of €2.34 is trading 7.5% below its estimated GF Value™ of €2.53. GuruFocus considers Wharf Real Estate Investment Co to be Fairly Valued.

Key valuation signals for FRA:4WF:

  • Asset Turnover: 0.03
  • GF Value™: €2.53 vs. price of €2.34 (7.5% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the FRA:4WF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wharf Real Estate Investment Co Business Description

Address Canton Road, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG
Wharf spun off Wharf Real Estate Investment Co. in November 2017. It is a leading property investor with a focus on prime retail assets in Hong Kong. Rental income from flagship assets Harbour City and Times Square accounts for over 85% of revenue. The balance comes from Plaza Hollywood, The Murray, and Marco Polo hotels, and two offices in the central business district. The group also holds two malls in Singapore and a mixed development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city center and waterfront locations. The Harbour City site had been wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 49% stake in the group.
75GF Score

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

€2.34
Price
€2.53
GF Value