Crookes Brothers (JSE:CKS) Asset Turnover: 0.16 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:CKS Crookes Brothers Ltd JSE:CKS
46 GF Score
Price R20.05
GF Value R33.18
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Crookes Brothers Asset Turnover?

Crookes Brothers JSE:CKS 46 Asset Turnover is 0.16 as of Mar. 2026. GuruFocus rates JSE:CKS with a GF Score™ of 46/100 and a GF Value™ of R33.18 (Possible Value Trap). The stock has 4 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. Crookes Brothers's Revenue for the six months ended in Mar. 2026 was R285.4 Mil. Crookes Brothers's Total Assets for the quarter that ended in Mar. 2026 was R1,787.0 Mil. Therefore, Crookes Brothers's Asset Turnover for the quarter that ended in Mar. 2026 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Crookes Brothers's annualized ROE % for the quarter that ended in Mar. 2026 was -69.32%. It is also linked to ROA % through Du Pont Formula. Crookes Brothers's annualized ROA % for the quarter that ended in Mar. 2026 was -34.13%.


Crookes Brothers  (JSE:CKS) Asset Turnover Explanation

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

Crookes Brothers's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-609.898/879.863
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-609.898 / 570.776)*(570.776 / 1786.988)*(1786.988/ 879.863)
=Net Margin %*Asset Turnover*Equity Multiplier
=-106.85 %*0.3194*2.031
=ROA %*Equity Multiplier
=-34.13 %*2.031
=-69.32 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

Crookes Brothers's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-609.898/1786.988
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-609.898 / 570.776)*(570.776 / 1786.988)
=Net Margin %*Asset Turnover
=-106.85 %*0.3194
=-34.13 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Crookes Brothers Asset Turnover Related Terms


Crookes Brothers Asset Turnover Historical Data

* Premium members only.

The historical data trend for Crookes Brothers'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.

Crookes Brothers Asset Turnover Chart

Crookes Brothers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.33 0.39 0.45 0.44

Crookes Brothers Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.10 0.28 0.17 0.27 0.16

JSE:CKS vs ADM, BG, TSN: Asset Turnover Comparison

For the Farm Products subindustry, Crookes Brothers'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.


Crookes Brothers Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Crookes Brothers's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Crookes Brothers's Asset Turnover falls into.


JSE:CKS
46GF Score
Crookes Brothers Ltd JSE:CKS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Crookes Brothers Asset Turnover Calculation

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

Crookes Brothers's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=777.586/( (1848.786+1704.151)/ 2 )
=777.586/1776.4685
=0.44

Crookes Brothers'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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=285.388/( (1869.825+1704.151)/ 2 )
=285.388/1786.988
=0.16

* 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 0.16 mean?
Crookes Brothers (JSE:CKS) has a Asset Turnover of 0.16 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Crookes Brothers and its competitors.
Is Crookes Brothers' Asset Turnover too high?
Crookes Brothers' current Asset Turnover is 0.16. Overall, Crookes Brothers has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Crookes Brothers' Asset Turnover compare to ADM and BG?
Crookes Brothers' Asset Turnover of 0.16 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Crookes Brothers and its competitors. Crookes Brothers's current Asset Turnover is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crookes Brothers stock overvalued right now?
Based on GuruFocus' analysis, Crookes Brothers (JSE:CKS) is currently considered Possible Value Trap. The stock's GF Value™ is R33.18, compared to a current price of R20.05 — trading 39.6% below its estimated fair value. The current Asset Turnover is 0.16. Crookes Brothers' overall GF Score™ is 46/100 with 4 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 Crookes Brothers (JSE:CKS), the current Asset Turnover is 0.16 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 Crookes Brothers (JSE:CKS) Overvalued in 2026?

Based on GuruFocus' analysis, Crookes Brothers stock appears to be undervalued. The current stock price of R20.05 is trading 39.6% below its estimated GF Value™ of R33.18. GuruFocus considers Crookes Brothers to be Possible Value Trap.

Key valuation signals for JSE:CKS:

  • Asset Turnover: 0.16
  • GF Value™: R33.18 vs. price of R20.05 (39.6% below fair value)
  • GF Score™: 46/100 with 4 warning signs

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


Crookes Brothers Business Description

Address Ridge 6, 20 Ncondo Place, 2nd Floor, Umhlanga Ridge, Durban, NL, ZAF, 4319
Crookes Brothers Ltd is involved in the production of primary agricultural products and long-term property development. The company's segments include Sugarcane, Bananas, Macadamias, Property, and other operations. Nearly half of the company's revenue comes from the Sugarcane segment. Its geographical segments include South Africa, eSwatini, Zambia, Mozambique, and Others, of which the majority of the revenue comes from South Africa.
46GF Score

Get the complete analysis for JSE:CKS

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

R20.05
Price
R33.18
GF Value