Rafhan Maize Product Co (KAR:RMPL) Asset Turnover: 0.35 (As of Mar. 2026)


KAR:RMPL Rafhan Maize Product Co Ltd KAR:RMPL
92 GF Score
Price ₨9,506.37
GF Value ₨9,698.88
Valuation Fairly Valued
! 5 Warning Signs
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What is Rafhan Maize Product Co Asset Turnover?

Rafhan Maize Product Co KAR:RMPL 92 Asset Turnover is 0.35 as of Mar. 2026. GuruFocus rates KAR:RMPL with a GF Score™ of 92/100 and a GF Value™ of ₨9,698.88 (Fairly Valued). The stock has 5 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. Rafhan Maize Product Co's Revenue for the three months ended in Mar. 2026 was ₨19,044 Mil. Rafhan Maize Product Co's Total Assets for the quarter that ended in Mar. 2026 was ₨54,819 Mil. Therefore, Rafhan Maize Product Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.35.

Asset Turnover is linked to ROE % through Du Pont Formula. Rafhan Maize Product Co's annualized ROE % for the quarter that ended in Mar. 2026 was 26.94%. It is also linked to ROA % through Du Pont Formula. Rafhan Maize Product Co's annualized ROA % for the quarter that ended in Mar. 2026 was 14.83%.


Rafhan Maize Product Co  (KAR:RMPL) Asset Turnover Explanation

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

Rafhan Maize Product Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8131.524/30182.3215
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8131.524 / 76175.356)*(76175.356 / 54818.5025)*(54818.5025/ 30182.3215)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.67 %*1.3896*1.8162
=ROA %*Equity Multiplier
=14.83 %*1.8162
=26.94 %

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:

Rafhan Maize Product Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=8131.524/54818.5025
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8131.524 / 76175.356)*(76175.356 / 54818.5025)
=Net Margin %*Asset Turnover
=10.67 %*1.3896
=14.83 %

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.


Rafhan Maize Product Co Asset Turnover Related Terms


Rafhan Maize Product Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Rafhan Maize Product Co'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.

Rafhan Maize Product Co Asset Turnover Chart

Rafhan Maize Product Co 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 1.82 2.07 1.56 1.36 1.32

Rafhan Maize Product Co 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 0.38 0.33 0.34 0.32 0.35

KAR:RMPL vs ADM, BG, TSN: Asset Turnover Comparison

For the Farm Products subindustry, Rafhan Maize Product Co'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.


Rafhan Maize Product Co Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rafhan Maize Product Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Rafhan Maize Product Co's Asset Turnover falls into.


KAR:RMPL
92GF Score
Rafhan Maize Product Co Ltd KAR:RMPL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Rafhan Maize Product Co Asset Turnover Calculation

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

Rafhan Maize Product Co'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 )
=73362.632/( (51878.111+59174.129)/ 2 )
=73362.632/55526.12
=1.32

Rafhan Maize Product Co'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 )
=19043.839/( (59174.129+50462.876)/ 2 )
=19043.839/54818.5025
=0.35

* 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 0.35 mean?
Rafhan Maize Product Co (KAR:RMPL) has a Asset Turnover of 0.35 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Rafhan Maize Product Co and its competitors.
Is Rafhan Maize Product Co's Asset Turnover too high?
Rafhan Maize Product Co's current Asset Turnover is 0.35. Overall, Rafhan Maize Product Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rafhan Maize Product Co's Asset Turnover compare to ADM and BG?
Rafhan Maize Product Co's Asset Turnover of 0.35 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 Rafhan Maize Product Co and its competitors. Rafhan Maize Product Co's current Asset Turnover is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafhan Maize Product Co stock overvalued right now?
Based on GuruFocus' analysis, Rafhan Maize Product Co (KAR:RMPL) is currently considered Fairly Valued. The stock's GF Value™ is ₨9,698.88, compared to a current price of ₨9,506.37 — trading 2% below its estimated fair value. The current Asset Turnover is 0.35. Rafhan Maize Product Co's overall GF Score™ is 92/100 with 5 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 Rafhan Maize Product Co (KAR:RMPL), the current Asset Turnover is 0.35 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 Rafhan Maize Product Co (KAR:RMPL) Overvalued in 2026?

Based on GuruFocus' analysis, Rafhan Maize Product Co stock appears to be undervalued. The current stock price of ₨9,506.37 is trading 2% below its estimated GF Value™ of ₨9,698.88. GuruFocus considers Rafhan Maize Product Co to be Fairly Valued.

Key valuation signals for KAR:RMPL:

  • Asset Turnover: 0.35
  • GF Value™: ₨9,698.88 vs. price of ₨9,506.37 (2% below fair value)
  • GF Score™: 92/100 with 5 warning signs

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


Rafhan Maize Product Co Business Description

Address Rakh Canal, East Road, Faisalabad, PB, PAK, 38060
Rafhan Maize Product Co Ltd is involved in the business of using maize as the basic raw material to manufacture and sell industrial products. Its products are Industrial Starches, Liquid Glucose, Dextrose, Dextrin, and Gluten Meals. It supplies its products to textiles, pharmaceuticals, paper, food, baking, confectionery, and other industries. The company sells its products in Pakistan and also exports them to other countries, of which key revenue is derived within Pakistan.
92GF Score

Get the complete analysis for KAR:RMPL

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

₨9,506.37
Price
₨9,698.88
GF Value