PT Maja Agung Latexindo Tbk (ISX:SURI) Asset Turnover: 0.09 (As of Mar. 2026)


ISX:SURI PT Maja Agung Latexindo Tbk ISX:SURI
28 GF Score
Price Rp59.00
! 2 Warning Signs
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What is PT Maja Agung Latexindo Tbk Asset Turnover?

PT Maja Agung Latexindo Tbk ISX:SURI -1.67% 28 Asset Turnover is 0.09 as of Mar. 2026. GuruFocus rates ISX:SURI with a GF Score™ of 28/100. The stock has 2 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. PT Maja Agung Latexindo Tbk's Revenue for the three months ended in Mar. 2026 was Rp36,000 Mil. PT Maja Agung Latexindo Tbk's Total Assets for the quarter that ended in Mar. 2026 was Rp388,007 Mil. Therefore, PT Maja Agung Latexindo Tbk's Asset Turnover for the quarter that ended in Mar. 2026 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Maja Agung Latexindo Tbk's annualized ROE % for the quarter that ended in Mar. 2026 was 4.23%. It is also linked to ROA % through Du Pont Formula. PT Maja Agung Latexindo Tbk's annualized ROA % for the quarter that ended in Mar. 2026 was 3.73%.


PT Maja Agung Latexindo Tbk  (ISX:SURI) Asset Turnover Explanation

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

PT Maja Agung Latexindo Tbk's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=14476.676/342266.7595
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14476.676 / 144000.272)*(144000.272 / 388006.6515)*(388006.6515/ 342266.7595)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.05 %*0.3711*1.1336
=ROA %*Equity Multiplier
=3.73 %*1.1336
=4.23 %

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 Maja Agung Latexindo Tbk's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=14476.676/388006.6515
=(Net Income / Revenue)*(Revenue / Total Assets)
=(14476.676 / 144000.272)*(144000.272 / 388006.6515)
=Net Margin %*Asset Turnover
=10.05 %*0.3711
=3.73 %

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 Maja Agung Latexindo Tbk Asset Turnover Related Terms


PT Maja Agung Latexindo Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk Asset Turnover Chart

PT Maja Agung Latexindo Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 1.55 0.46 0.27 0.29 0.38

PT Maja Agung Latexindo Tbk Quarterly Data
Dec20 Dec21 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 0.09 0.09 0.11 0.10 0.09

ISX:SURI vs ISRG, BDX, MDLN: Asset Turnover Comparison

For the Medical Instruments & Supplies subindustry, PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk Asset Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PT Maja Agung Latexindo Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Maja Agung Latexindo Tbk's Asset Turnover falls into.


ISX:SURI
28GF Score
PT Maja Agung Latexindo Tbk ISX:SURI
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Maja Agung Latexindo Tbk Asset Turnover Calculation

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

PT Maja Agung Latexindo 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 )
=150238.1/( (398615.366+386500.196)/ 2 )
=150238.1/392557.781
=0.38

PT Maja Agung Latexindo 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 )
=36000.068/( (386500.196+389513.107)/ 2 )
=36000.068/388006.6515
=0.09

* 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 0.09 mean?
PT Maja Agung Latexindo Tbk (ISX:SURI) has a Asset Turnover of 0.09 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Maja Agung Latexindo Tbk and its competitors.
Is PT Maja Agung Latexindo Tbk's Asset Turnover too high?
PT Maja Agung Latexindo Tbk's current Asset Turnover is 0.09. Overall, PT Maja Agung Latexindo Tbk has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does PT Maja Agung Latexindo Tbk's Asset Turnover compare to ISRG and BDX?
PT Maja Agung Latexindo Tbk's Asset Turnover of 0.09 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Asset Turnover depends on the Medical Devices & Instruments 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 Maja Agung Latexindo Tbk and its competitors. PT Maja Agung Latexindo Tbk's current Asset Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Maja Agung Latexindo Tbk stock overvalued right now?
PT Maja Agung Latexindo Tbk (ISX:SURI) has a current Asset Turnover of 0.09. The current Asset Turnover is 0.09. PT Maja Agung Latexindo Tbk's overall GF Score™ is 28/100 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 PT Maja Agung Latexindo Tbk (ISX:SURI), the current Asset Turnover is 0.09 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.

PT Maja Agung Latexindo Tbk Business Description

Address Jalan. Utama No. 98, Desa Pujimulyo Kecamatan Sunggal Kabupaten, Deli Serdang, Sumatera Utara, IDN, 20352
PT Maja Agung Latexindo Tbk specializes in the production of latex gloves, made from natural rubber, and is a primary choice in the medical and industrial sectors. The company's business includes business of making rubber goods for health support needs, such as contraceptive gloves (birth control)/ condoms, pacifiers and compresses, medical rubber gloves, and urinary catheters (folley catheter). Its segments include Gloves and Concentrated latex.
28GF Score

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