PT Golden Flower Tbk (ISX:POLU) Asset Turnover: 0.19 (As of Mar. 2026)


ISX:POLU PT Golden Flower Tbk ISX:POLU
47 GF Score
Price Rp12,400.00
GF Value Rp1,640.66
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Golden Flower Tbk Asset Turnover?

PT Golden Flower Tbk ISX:POLU -1.59% 47 Asset Turnover is 0.19 as of Mar. 2026. GuruFocus rates ISX:POLU with a GF Score™ of 47/100 and a GF Value™ of Rp1,640.66 (Significantly Overvalued). The stock has 1 warning sign 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. PT Golden Flower Tbk's Revenue for the three months ended in Mar. 2026 was Rp45,367 Mil. PT Golden Flower Tbk's Total Assets for the quarter that ended in Mar. 2026 was Rp241,679 Mil. Therefore, PT Golden Flower Tbk's Asset Turnover for the quarter that ended in Mar. 2026 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Golden Flower Tbk's annualized ROE % for the quarter that ended in Mar. 2026 was -0.93%. It is also linked to ROA % through Du Pont Formula. PT Golden Flower Tbk's annualized ROA % for the quarter that ended in Mar. 2026 was -0.44%.


PT Golden Flower Tbk  (ISX:POLU) Asset Turnover Explanation

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

PT Golden Flower Tbk's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-1067.888/114635.8995
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1067.888 / 181467.128)*(181467.128 / 241679.4235)*(241679.4235/ 114635.8995)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.59 %*0.7509*2.1082
=ROA %*Equity Multiplier
=-0.44 %*2.1082
=-0.93 %

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:

PT Golden Flower Tbk's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-1067.888/241679.4235
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1067.888 / 181467.128)*(181467.128 / 241679.4235)
=Net Margin %*Asset Turnover
=-0.59 %*0.7509
=-0.44 %

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.


PT Golden Flower Tbk Asset Turnover Related Terms


PT Golden Flower Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Golden Flower Tbk'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.

PT Golden Flower Tbk Asset Turnover Chart

PT Golden Flower Tbk 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 0.43 0.61 0.44 0.69 0.70

PT Golden Flower Tbk 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 0.23 0.16 0.20 0.15 0.19

ISX:POLU vs RL, LEVI, VFC: Asset Turnover Comparison

For the Apparel Manufacturing subindustry, PT Golden Flower Tbk'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.


PT Golden Flower Tbk Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Golden Flower Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Golden Flower Tbk's Asset Turnover falls into.


ISX:POLU
47GF Score
PT Golden Flower Tbk ISX:POLU
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Golden Flower Tbk Asset Turnover Calculation

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

PT Golden Flower Tbk'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 )
=156480.922/( (204681.517+241270.594)/ 2 )
=156480.922/222976.0555
=0.70

PT Golden Flower Tbk'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 )
=45366.782/( (241270.594+242088.253)/ 2 )
=45366.782/241679.4235
=0.19

* 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 0.19 mean?
PT Golden Flower Tbk (ISX:POLU) has a Asset Turnover of 0.19 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Golden Flower Tbk and its competitors.
Is PT Golden Flower Tbk's Asset Turnover too high?
PT Golden Flower Tbk's current Asset Turnover is 0.19. Overall, PT Golden Flower Tbk has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Golden Flower Tbk's Asset Turnover compare to RL and LEVI?
PT Golden Flower Tbk's Asset Turnover of 0.19 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories 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 PT Golden Flower Tbk and its competitors. PT Golden Flower Tbk's current Asset Turnover is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Golden Flower Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Golden Flower Tbk (ISX:POLU) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp1,640.66, compared to a current price of Rp12,400.00 — trading 655.8% above its estimated fair value. The current Asset Turnover is 0.19. PT Golden Flower Tbk's overall GF Score™ is 47/100 with 1 warning sign 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 PT Golden Flower Tbk (ISX:POLU), the current Asset Turnover is 0.19 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 PT Golden Flower Tbk (ISX:POLU) Overvalued in 2026?

Based on GuruFocus' analysis, PT Golden Flower Tbk stock appears to be overvalued. The current stock price of Rp12,400.00 is trading 655.8% above its estimated GF Value™ of Rp1,640.66. GuruFocus considers PT Golden Flower Tbk to be Significantly Overvalued.

Key valuation signals for ISX:POLU:

  • Asset Turnover: 0.19
  • GF Value™: Rp1,640.66 vs. price of Rp12,400.00 (655.8% above fair value)
  • GF Score™: 47/100 with 1 warning sign

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


PT Golden Flower Tbk Business Description

Address Jalan Karimunjawa, Gedanganak Ungaran, Jawa Tengah, Semarang, IDN, 50519
PT Golden Flower Tbk is a garment manufacturer and exporter in Indonesia. The company's operating segment includes Ladies' blouses, Man shirts, and Uniform, accessories, and others. It generates maximum revenue from the Ladies' blouse segment. Some of its products include Non-Iron Shirt; Casual shirts; Skirt; Dresses; Night Wear and others.
47GF Score

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

Rp12,400.00
Price
Rp1,640.66
GF Value