Property For Industry (FRA:PWJ) Asset Turnover: 0.03 (As of Dec. 2025)


FRA:PWJ Property For Industry Ltd FRA:PWJ
79 GF Score
Price €1.14
GF Value €1.10
! 8 Warning Signs
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What is Property For Industry Asset Turnover?

Property For Industry FRA:PWJ -0.53% 79 Asset Turnover is 0.03 as of Dec. 2025. GuruFocus rates FRA:PWJ with a GF Score™ of 79/100 and a GF Value™ of €1.10. 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. Property For Industry's Revenue for the six months ended in Dec. 2025 was €36.13 Mil. Property For Industry's Total Assets for the quarter that ended in Dec. 2025 was €1,134.59 Mil. Therefore, Property For Industry's Asset Turnover for the quarter that ended in Dec. 2025 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Property For Industry's annualized ROE % for the quarter that ended in Dec. 2025 was 6.35%. It is also linked to ROA % through Du Pont Formula. Property For Industry's annualized ROA % for the quarter that ended in Dec. 2025 was 4.09%.


Property For Industry  (FRA:PWJ) Asset Turnover Explanation

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

Property For Industry's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=46.394/730.3955
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(46.394 / 72.264)*(72.264 / 1134.59)*(1134.59/ 730.3955)
=Net Margin %*Asset Turnover*Equity Multiplier
=64.2 %*0.0637*1.5534
=ROA %*Equity Multiplier
=4.09 %*1.5534
=6.35 %

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:

Property For Industry's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=46.394/1134.59
=(Net Income / Revenue)*(Revenue / Total Assets)
=(46.394 / 72.264)*(72.264 / 1134.59)
=Net Margin %*Asset Turnover
=64.2 %*0.0637
=4.09 %

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.


Property For Industry Asset Turnover Related Terms


Property For Industry Asset Turnover Historical Data

* Premium members only.

The historical data trend for Property For Industry'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.

Property For Industry Asset Turnover Chart

Property For Industry Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Jun25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.05 0.05 0.06

Property For Industry 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:PWJ vs PLD, PSA, EXR: Asset Turnover Comparison

For the REIT - Industrial subindustry, Property For Industry'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.


Property For Industry Asset Turnover vs REITs Industry

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

* The bar in red indicates where Property For Industry's Asset Turnover falls into.


FRA:PWJ
79GF Score
Property For Industry Ltd FRA:PWJ
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Property For Industry Asset Turnover Calculation

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

Property For Industry'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: Dec. 2023 )+Total Assets (A: Jun. 2025 ))/ count )
=66.727/( (1177.708+1144.224)/ 2 )
=66.727/1160.966
=0.06

Property For Industry'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 )
=36.132/( (1144.224+1124.956)/ 2 )
=36.132/1134.59
=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?
Property For Industry (FRA:PWJ) 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 Property For Industry and its competitors.
Is Property For Industry's Asset Turnover too high?
Property For Industry's current Asset Turnover is 0.03. Overall, Property For Industry has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Property For Industry's Asset Turnover compare to PLD and PSA?
Property For Industry's Asset Turnover of 0.03 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 Property For Industry and its competitors. Property For Industry'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 Property For Industry stock overvalued right now?
Property For Industry (FRA:PWJ) has a current Asset Turnover of 0.03. The stock's GF Value™ is €1.10, compared to a current price of €1.14 — trading 3.3% above its estimated fair value. The current Asset Turnover is 0.03. Property For Industry's overall GF Score™ is 79/100 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 Property For Industry (FRA:PWJ), 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 Property For Industry (FRA:PWJ) Overvalued in 2026?

Based on GuruFocus' analysis, Property For Industry stock appears to be overvalued. The current stock price of €1.14 is trading 3.3% above its estimated GF Value™ of €1.10.

Key valuation signals for FRA:PWJ:

  • Asset Turnover: 0.03
  • GF Value™: €1.10 vs. price of €1.14 (3.3% above fair value)
  • GF Score™: 79/100 with 8 warning signs

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


Property For Industry Business Description

Industry Real EstateREITs
Other Exchanges PFI:New Zealand
Address 15 Galway Street, Level 4, Hayman Kronfeld Building, Auckland, NZL, 1010
Property For Industry Ltd is a New Zealand-based industrial property investment company. The company's portfolio is predominantly composed of industrial properties. Its investment properties are solely located in New Zealand, with the majority in Auckland and the remaining in other New Zealand cities. Its tenants encompass large enterprises such as Fisher and Paykel Appliances, Fletcher Building Products, Brambles, and Cottonsoft, among others. Rental and management fee income represents nearly all of its operating revenue.
79GF Score

Get the complete analysis for FRA:PWJ

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

€1.14
Price
€1.10
GF Value