Marwest Apartment REIT (FRA:L2B) Asset Turnover: 0.02 (As of Mar. 2026)

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FRA:L2B Marwest Apartment REIT FRA:L2B
39 GF Score
Price €0.44
GF Value €0.44
! 6 Warning Signs
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What is Marwest Apartment REIT Asset Turnover?

Marwest Apartment REIT FRA:L2B -0.50% 39 Asset Turnover is 0.02 as of Mar. 2026. GuruFocus rates FRA:L2B with a GF Score™ of 39/100 and a GF Value™ of €0.44. The stock has 6 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. Marwest Apartment REIT's Revenue for the three months ended in Mar. 2026 was €1.70 Mil. Marwest Apartment REIT's Total Assets for the quarter that ended in Mar. 2026 was €94.01 Mil. Therefore, Marwest Apartment REIT's Asset Turnover for the quarter that ended in Mar. 2026 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Marwest Apartment REIT's annualized ROE % for the quarter that ended in Mar. 2026 was 0.41%. It is also linked to ROA % through Du Pont Formula. Marwest Apartment REIT's annualized ROA % for the quarter that ended in Mar. 2026 was 0.11%.


Marwest Apartment REIT  (FRA:L2B) Asset Turnover Explanation

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

Marwest Apartment REIT's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=0.104/25.64
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.104 / 6.792)*(6.792 / 94.0115)*(94.0115/ 25.64)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.53 %*0.0722*3.6666
=ROA %*Equity Multiplier
=0.11 %*3.6666
=0.41 %

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:

Marwest Apartment REIT's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=0.104/94.0115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.104 / 6.792)*(6.792 / 94.0115)
=Net Margin %*Asset Turnover
=1.53 %*0.0722
=0.11 %

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.


Marwest Apartment REIT Asset Turnover Related Terms


Marwest Apartment REIT Asset Turnover Historical Data

* Premium members only.

The historical data trend for Marwest Apartment REIT'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.

Marwest Apartment REIT Asset Turnover Chart

Marwest Apartment REIT Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.07 0.06 0.07 0.07 0.07

Marwest Apartment REIT 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 0.02 0.02 0.02 0.02 0.02

FRA:L2B vs AVB, EQR, ESS: Asset Turnover Comparison

For the REIT - Residential subindustry, Marwest Apartment REIT'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.


Marwest Apartment REIT Asset Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Marwest Apartment REIT's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Marwest Apartment REIT's Asset Turnover falls into.


FRA:L2B
39GF Score
Marwest Apartment REIT FRA:L2B
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Marwest Apartment REIT Asset Turnover Calculation

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

Marwest Apartment REIT'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 )
=6.552/( (100.61+93.224)/ 2 )
=6.552/96.917
=0.07

Marwest Apartment REIT'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 )
=1.698/( (93.224+94.799)/ 2 )
=1.698/94.0115
=0.02

* 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 0.02 mean?
Marwest Apartment REIT (FRA:L2B) has a Asset Turnover of 0.02 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Marwest Apartment REIT and its competitors.
Is Marwest Apartment REIT's Asset Turnover too high?
Marwest Apartment REIT's current Asset Turnover is 0.02. Overall, Marwest Apartment REIT has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Marwest Apartment REIT's Asset Turnover compare to AVB and EQR?
Marwest Apartment REIT's Asset Turnover of 0.02 can be compared against companies in the REITs 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 REITs company?
A good Asset Turnover depends on the REITs 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 Marwest Apartment REIT and its competitors. Marwest Apartment REIT's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marwest Apartment REIT stock overvalued right now?
Marwest Apartment REIT (FRA:L2B) has a current Asset Turnover of 0.02. The stock's GF Value™ is €0.44, compared to a current price of €0.44 — trading 0.8% below its estimated fair value. The current Asset Turnover is 0.02. Marwest Apartment REIT's overall GF Score™ is 39/100 with 6 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 Marwest Apartment REIT (FRA:L2B), the current Asset Turnover is 0.02 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 Marwest Apartment REIT (FRA:L2B) Overvalued in 2026?

Based on GuruFocus' analysis, Marwest Apartment REIT stock appears to be undervalued. The current stock price of €0.44 is trading 0.8% below its estimated GF Value™ of €0.44.

Key valuation signals for FRA:L2B:

  • Asset Turnover: 0.02
  • GF Value™: €0.44 vs. price of €0.44 (0.8% below fair value)
  • GF Score™: 39/100 with 6 warning signs

No single metric tells the full story. See the FRA:L2B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marwest Apartment REIT Business Description

Industry Real EstateREITs
Other Exchanges MAR.UN:Canada
Address 220 Portage Avenue, Suite 500, Winnipeg, MB, CAN, R3C 0A5
Marwest Apartment REIT is an open-ended real estate investment trust focused on acquiring and owning multi-family residential properties, in Western Canada. As a specialized REIT, it operates within this specific region and asset class to generate income through property rentals, offering investors exposure to the multi-family sector. Company's portfolio is comprised of four properties located in Winnipeg, Manitoba, being the Brio Property, the Kenwood Property, the Element Property, and the Prairie ViewPointe Property.
39GF Score

Get the complete analysis for FRA:L2B

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

€0.44
Price
€0.44
GF Value