Dis-Chem Pharmacies (JSE:DCP) Asset Turnover: 1.08 (As of Feb. 2026)


JSE:DCP Dis-Chem Pharmacies Ltd JSE:DCP
87 GF Score
Price R32.91
GF Value R38.05
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Dis-Chem Pharmacies Asset Turnover?

Dis-Chem Pharmacies JSE:DCP -3.91% 87 Asset Turnover is 1.08 as of Feb. 2026. GuruFocus rates JSE:DCP with a GF Score™ of 87/100 and a GF Value™ of R38.05 (Modestly Undervalued). The stock has 3 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. Dis-Chem Pharmacies's Revenue for the six months ended in Feb. 2026 was R21,551 Mil. Dis-Chem Pharmacies's Total Assets for the quarter that ended in Feb. 2026 was R20,054 Mil. Therefore, Dis-Chem Pharmacies's Asset Turnover for the quarter that ended in Feb. 2026 was 1.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Dis-Chem Pharmacies's annualized ROE % for the quarter that ended in Feb. 2026 was 12.27%. It is also linked to ROA % through Du Pont Formula. Dis-Chem Pharmacies's annualized ROA % for the quarter that ended in Feb. 2026 was 3.45%.


Dis-Chem Pharmacies  (JSE:DCP) Asset Turnover Explanation

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

Dis-Chem Pharmacies's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=691.552/5635.7825
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(691.552 / 43102.984)*(43102.984 / 20053.99)*(20053.99/ 5635.7825)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.6 %*2.1493*3.5583
=ROA %*Equity Multiplier
=3.45 %*3.5583
=12.27 %

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:

Dis-Chem Pharmacies's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=691.552/20053.99
=(Net Income / Revenue)*(Revenue / Total Assets)
=(691.552 / 43102.984)*(43102.984 / 20053.99)
=Net Margin %*Asset Turnover
=1.6 %*2.1493
=3.45 %

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.


Dis-Chem Pharmacies Asset Turnover Related Terms


Dis-Chem Pharmacies Asset Turnover Historical Data

* Premium members only.

The historical data trend for Dis-Chem Pharmacies'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.

Dis-Chem Pharmacies Asset Turnover Chart

Dis-Chem Pharmacies Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 2.21 2.20 2.13 2.14

Dis-Chem Pharmacies Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1.08 1.10 1.05 1.10 1.08

Dis-Chem Pharmacies Asset Turnover Competitor Comparison

For the Pharmaceutical Retailers subindustry, Dis-Chem Pharmacies'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.


Dis-Chem Pharmacies Asset Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dis-Chem Pharmacies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Dis-Chem Pharmacies's Asset Turnover falls into.


JSE:DCP
87GF Score
Dis-Chem Pharmacies Ltd JSE:DCP
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Dis-Chem Pharmacies Asset Turnover Calculation

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

Dis-Chem Pharmacies's Asset Turnover for the fiscal year that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2026 )/( (Total Assets (A: Feb. 2025 )+Total Assets (A: Feb. 2026 ))/ count )
=42825.777/( (19256.941+20738.283)/ 2 )
=42825.777/19997.612
=2.14

Dis-Chem Pharmacies's Asset Turnover for the quarter that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=21551.492/( (19369.697+20738.283)/ 2 )
=21551.492/20053.99
=1.07

* 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 1.08 mean?
Dis-Chem Pharmacies (JSE:DCP) has a Asset Turnover of 1.08 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Dis-Chem Pharmacies and its competitors.
Is Dis-Chem Pharmacies' Asset Turnover too high?
Dis-Chem Pharmacies' current Asset Turnover is 1.08. Overall, Dis-Chem Pharmacies has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dis-Chem Pharmacies' Asset Turnover compare to competitors?
Dis-Chem Pharmacies' Asset Turnover of 1.08 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Asset Turnover depends on the Healthcare Providers & Services 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 Dis-Chem Pharmacies and its competitors. Dis-Chem Pharmacies's current Asset Turnover is 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dis-Chem Pharmacies stock overvalued right now?
Based on GuruFocus' analysis, Dis-Chem Pharmacies (JSE:DCP) is currently considered Modestly Undervalued. The stock's GF Value™ is R38.05, compared to a current price of R32.91 — trading 13.5% below its estimated fair value. The current Asset Turnover is 1.08. Dis-Chem Pharmacies' overall GF Score™ is 87/100 with 3 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 Dis-Chem Pharmacies (JSE:DCP), the current Asset Turnover is 1.08 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 Dis-Chem Pharmacies (JSE:DCP) Overvalued in 2026?

Based on GuruFocus' analysis, Dis-Chem Pharmacies stock appears to be undervalued. The current stock price of R32.91 is trading 13.5% below its estimated GF Value™ of R38.05. GuruFocus considers Dis-Chem Pharmacies to be Modestly Undervalued.

Key valuation signals for JSE:DCP:

  • Asset Turnover: 1.08
  • GF Value™: R38.05 vs. price of R32.91 (13.5% below fair value)
  • GF Score™: 87/100 with 3 warning signs

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


Dis-Chem Pharmacies Business Description

Address 23 Stag Road, Glen Austin, Midrand, Johannesburg, GT, ZAF, 1685
Dis-Chem Pharmacies Ltd is a pharmaceutical company based in South Africa. Its product portfolio includes personal care products, beauty products, healthcare and nutrition products, and dispensary and baby care products. The operating segments of the group are Retail and Wholesale. It derives maximum revenue from the Retail segment, which includes company stores, retailers of pharmaceuticals and a variety of health and beauty products, as well as pharma-logistic services and oncology and retailers of pharmaceutical products. The Wholesale segment consists of the CJ wholesale and company distribution businesses, wholesalers of pharmaceuticals, and a variety of health and beauty products. Geographically, the group carries out its business operations principally in South Africa.
87GF Score

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

R32.91
Price
R38.05
GF Value