Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. MrMax Holdings's Revenue for the
six
months ended in Feb. 2026 was 円72,913 Mil. MrMax Holdings's Total Assets for the quarter that ended in Feb. 2026 was 円88,019 Mil. Therefore, MrMax Holdings's Asset Turnover for the quarter that ended in Feb. 2026 was 0.83.
Asset Turnover is linked to ROE % through Du Pont Formula. MrMax Holdings's annualizedROE % for the quarter that ended in Feb. 2026 was 4.34%. It is also linked to ROA % through Du Pont Formula. MrMax Holdings's annualizedROA % for the quarter that ended in Feb. 2026 was 1.86%.
Note:
The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 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:
MrMax Holdings's annulizedROA % for the quarter that ended in Feb. 2026 is
Note:
The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 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.
MrMax Holdings Asset Turnover Related Terms
MrMax Holdings Asset Turnover Historical Data
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The historical data trend for MrMax Holdings'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.
FSE:8203 vs WMT, COST, TGT: Asset Turnover Comparison
For the Discount Stores subindustry, MrMax Holdings'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.
MrMax Holdings Asset Turnover vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, MrMax Holdings's Asset Turnover distribution charts can be found below:
* The bar in red indicates where MrMax Holdings's Asset Turnover falls into.
* 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.
MrMax Holdings (FSE:8203) has a Asset Turnover of 0.83 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on MrMax Holdings and its competitors.
Is MrMax Holdings' Asset Turnover too high?
MrMax Holdings' current Asset Turnover is 0.83. Overall, MrMax Holdings has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does MrMax Holdings' Asset Turnover compare to WMT and COST?
MrMax Holdings' Asset Turnover of 0.83 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Asset Turnover depends on the Retail - Defensive 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 MrMax Holdings and its competitors. MrMax Holdings's current Asset Turnover is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MrMax Holdings stock overvalued right now?
MrMax Holdings (FSE:8203) has a current Asset Turnover of 0.83. The stock's GF Value™ is 円798.46, compared to a current price of 円817.00 — trading 2.3% above its estimated fair value. The current Asset Turnover is 0.83. MrMax Holdings' overall GF Score™ is 72/100 with 2 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 MrMax Holdings (FSE:8203), the current Asset Turnover is 0.83 as of Feb. 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 MrMax Holdings (FSE:8203) Overvalued in 2026?
Based on GuruFocus' analysis, MrMax Holdings stock appears to be overvalued.
The current stock price of 円817.00 is trading 2.3% above its estimated GF Value™ of 円798.46.
Key valuation signals for FSE:8203:
Asset Turnover: 0.83
GF Value™: 円798.46 vs. price of 円817.00 (2.3% above fair value)
No single metric tells the full story. See the FSE:8203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MrMax Holdings Ltd is an online and physical discount store that sells household and consumer products. The company offers products such as T.V, phones, kitchen and household electronic appliances, sanitary products, clothes, sports goods, foods, and beverages, carry cases, and others.
72GF Score
Get the complete analysis for FSE:8203
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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