Keppel DC REIT (FRA:R09) Asset Turnover: 0.04 (As of Dec. 2025)


FRA:R09 Keppel DC REIT FRA:R09
63 GF Score
Price €1.50
GF Value €1.63
Valuation Fairly Valued
! 10 Warning Signs
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What is Keppel DC REIT Asset Turnover?

Keppel DC REIT FRA:R09 63 Asset Turnover is 0.04 as of Dec. 2025. GuruFocus rates FRA:R09 with a GF Score™ of 63/100 and a GF Value™ of €1.63 (Fairly Valued). The stock has 10 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. Keppel DC REIT's Revenue for the six months ended in Dec. 2025 was €152.2 Mil. Keppel DC REIT's Total Assets for the quarter that ended in Dec. 2025 was €4,115.4 Mil. Therefore, Keppel DC REIT's Asset Turnover for the quarter that ended in Dec. 2025 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Keppel DC REIT's annualized ROE % for the quarter that ended in Dec. 2025 was 14.81%. It is also linked to ROA % through Du Pont Formula. Keppel DC REIT's annualized ROA % for the quarter that ended in Dec. 2025 was 9.31%.


Keppel DC REIT  (FRA:R09) Asset Turnover Explanation

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

Keppel DC REIT's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=383.326/2587.472
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(383.326 / 304.432)*(304.432 / 4115.402)*(4115.402/ 2587.472)
=Net Margin %*Asset Turnover*Equity Multiplier
=125.92 %*0.074*1.5905
=ROA %*Equity Multiplier
=9.31 %*1.5905
=14.81 %

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:

Keppel DC REIT's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=383.326/4115.402
=(Net Income / Revenue)*(Revenue / Total Assets)
=(383.326 / 304.432)*(304.432 / 4115.402)
=Net Margin %*Asset Turnover
=125.92 %*0.074
=9.31 %

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.


Keppel DC REIT Asset Turnover Related Terms


Keppel DC REIT Asset Turnover Historical Data

* Premium members only.

The historical data trend for Keppel DC 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.

Keppel DC REIT Asset Turnover Chart

Keppel DC REIT 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 0.08 0.07 0.07 0.07 0.07

Keppel DC REIT 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 0.04 0.04 0.03 0.04 0.04

FRA:R09 vs BXP, ARE, VNO: Asset Turnover Comparison

For the REIT - Office subindustry, Keppel DC 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.


Keppel DC REIT Asset Turnover vs REITs Industry

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

* The bar in red indicates where Keppel DC REIT's Asset Turnover falls into.


FRA:R09
63GF Score
Keppel DC REIT FRA:R09
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Keppel DC REIT Asset Turnover Calculation

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

Keppel DC 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 )
=292.03/( (3920.163+4552.979)/ 2 )
=292.03/4236.571
=0.07

Keppel DC REIT'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 )
=152.216/( (3677.825+4552.979)/ 2 )
=152.216/4115.402
=0.04

* 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 0.04 mean?
Keppel DC REIT (FRA:R09) has a Asset Turnover of 0.04 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Keppel DC REIT and its competitors.
Is Keppel DC REIT's Asset Turnover too high?
Keppel DC REIT's current Asset Turnover is 0.04. Overall, Keppel DC REIT has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keppel DC REIT's Asset Turnover compare to BXP and ARE?
Keppel DC REIT's Asset Turnover of 0.04 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 Keppel DC REIT and its competitors. Keppel DC REIT's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel DC REIT stock overvalued right now?
Based on GuruFocus' analysis, Keppel DC REIT (FRA:R09) is currently considered Fairly Valued. The stock's GF Value™ is €1.63, compared to a current price of €1.50 — trading 8% below its estimated fair value. The current Asset Turnover is 0.04. Keppel DC REIT's overall GF Score™ is 63/100 with 10 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 Keppel DC REIT (FRA:R09), the current Asset Turnover is 0.04 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 Keppel DC REIT (FRA:R09) Overvalued in 2026?

Based on GuruFocus' analysis, Keppel DC REIT stock appears to be undervalued. The current stock price of €1.50 is trading 8% below its estimated GF Value™ of €1.63. GuruFocus considers Keppel DC REIT to be Fairly Valued.

Key valuation signals for FRA:R09:

  • Asset Turnover: 0.04
  • GF Value™: €1.63 vs. price of €1.50 (8% below fair value)
  • GF Score™: 63/100 with 10 warning signs

No single metric tells the full story. See the FRA:R09 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keppel DC REIT Business Description

Industry Real EstateREITs
Other Exchanges KPDCF:USAAJBU:Singapore
Address 16 Collyer Quay, No. 07-01, Singapore, SGP, 049318
Keppel DC REIT is a real estate investment trust that principally invests in real estate assets used primarily for data center purposes and assets necessary to support the digital economy. As at March 31, 2026, it held a SGD 6.3 billion portfolio of 25 properties across 10 countries in Asia and Europe. Its properties are leased out as colocation, fully fitted, and shell and core data centers. The trust is externally managed by Keppel DC REIT Management Pte. Ltd., and parent company Keppel Limited owns around a 20% stake in the trust.
63GF Score

Get the complete analysis for FRA:R09

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

€1.50
Price
€1.63
GF Value