Purple Group (JSE:PPE) Asset Turnover: 0.20 (As of Feb. 2026)


JSE:PPE Purple Group Ltd JSE:PPE
71 GF Score
Price R1.64
GF Value R2.19
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Purple Group Asset Turnover?

Purple Group JSE:PPE -2.38% 71 Asset Turnover is 0.20 as of Feb. 2026. GuruFocus rates JSE:PPE with a GF Score™ of 71/100 and a GF Value™ of R2.19 (Modestly Undervalued). 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. Purple Group's Revenue for the six months ended in Feb. 2026 was R258.5 Mil. Purple Group's Total Assets for the quarter that ended in Feb. 2026 was R1,277.2 Mil. Therefore, Purple Group's Asset Turnover for the quarter that ended in Feb. 2026 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Purple Group's annualized ROE % for the quarter that ended in Feb. 2026 was 11.71%. It is also linked to ROA % through Du Pont Formula. Purple Group's annualized ROA % for the quarter that ended in Feb. 2026 was 6.36%.


Purple Group  (JSE:PPE) Asset Turnover Explanation

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

Purple Group's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=81.296/694.059
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(81.296 / 516.974)*(516.974 / 1277.241)*(1277.241/ 694.059)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.73 %*0.4048*1.8402
=ROA %*Equity Multiplier
=6.36 %*1.8402
=11.71 %

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:

Purple Group's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=81.296/1277.241
=(Net Income / Revenue)*(Revenue / Total Assets)
=(81.296 / 516.974)*(516.974 / 1277.241)
=Net Margin %*Asset Turnover
=15.73 %*0.4048
=6.36 %

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.


Purple Group Asset Turnover Related Terms


Purple Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Purple Group'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.

Purple Group Asset Turnover Chart

Purple Group Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.35 0.29 0.37 0.41

Purple Group 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 0.18 0.20 0.20 0.20 0.20

JSE:PPE vs VOYA, FRHC: Asset Turnover Comparison

For the Financial Conglomerates subindustry, Purple Group'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.


Purple Group Asset Turnover vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Purple Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Purple Group's Asset Turnover falls into.


JSE:PPE
71GF Score
Purple Group Ltd JSE:PPE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Purple Group Asset Turnover Calculation

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

Purple Group's Asset Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2025 )/( (Total Assets (A: Aug. 2024 )+Total Assets (A: Aug. 2025 ))/ count )
=486.671/( (1089.383+1264.74)/ 2 )
=486.671/1177.0615
=0.41

Purple Group'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 )
=258.487/( (1264.74+1289.742)/ 2 )
=258.487/1277.241
=0.20

* 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 0.20 mean?
Purple Group (JSE:PPE) has a Asset Turnover of 0.20 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Purple Group and its competitors.
Is Purple Group's Asset Turnover too high?
Purple Group's current Asset Turnover is 0.20. Overall, Purple Group has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Purple Group's Asset Turnover compare to VOYA and FRHC?
Purple Group's Asset Turnover of 0.20 can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?
A good Asset Turnover depends on the Diversified Financial 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 Purple Group and its competitors. Purple Group's current Asset Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Purple Group stock overvalued right now?
Based on GuruFocus' analysis, Purple Group (JSE:PPE) is currently considered Modestly Undervalued. The stock's GF Value™ is R2.19, compared to a current price of R1.64 — trading 25.1% below its estimated fair value. The current Asset Turnover is 0.20. Purple Group's overall GF Score™ is 71/100 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 Purple Group (JSE:PPE), the current Asset Turnover is 0.20 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 Purple Group (JSE:PPE) Overvalued in 2026?

Based on GuruFocus' analysis, Purple Group stock appears to be undervalued. The current stock price of R1.64 is trading 25.1% below its estimated GF Value™ of R2.19. GuruFocus considers Purple Group to be Modestly Undervalued.

Key valuation signals for JSE:PPE:

  • Asset Turnover: 0.20
  • GF Value™: R2.19 vs. price of R1.64 (25.1% below fair value)
  • GF Score™: 71/100 with 1 warning sign

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


Purple Group Business Description

Address 173 Oxford Road, WeWork - Coworking & Office Space 1F, Rosebank, Johannesburg, GT, ZAF, 2196
Purple Group Ltd operates as a financial services company. The company engages in trading, investing, and asset management, and also offers various products and services related to investing and managing portfolios. The Group comprises the following operating segments: Easy Group includes First World Trader Proprietary Limited (FWT or EasyEquities), EasyProperties Proprietary Limited (EasyProperties), EasyDefi Technologies Proprietary Limited (Easy Crypto), and Retirement Investments and Savings for Everyone (RISE or EasyRetire). Head Office and Investments represent fees and dividends earned on investments and fair value adjustments made against them, as well as head office costs.
71GF Score

Get the complete analysis for JSE:PPE

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

R1.64
Price
R2.19
GF Value