Mavenome and Growth VCT 3 (LSE:MIG3) Asset Turnover: 0.04 (As of Nov. 2025)


LSE:MIG3 Maven Income and Growth VCT 3 PLC LSE:MIG3
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What is Mavenome and Growth VCT 3 Asset Turnover?

Mavenome and Growth VCT 3 LSE:MIG3 30 Asset Turnover is 0.04 as of Nov. 2025. GuruFocus rates LSE:MIG3 with a GF Score™ of 30/100. 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. Mavenome and Growth VCT 3's Revenue for the six months ended in Nov. 2025 was £2.41 Mil. Mavenome and Growth VCT 3's Total Assets for the quarter that ended in Nov. 2025 was £67.00 Mil. Therefore, Mavenome and Growth VCT 3's Asset Turnover for the quarter that ended in Nov. 2025 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Mavenome and Growth VCT 3's annualized ROE % for the quarter that ended in Nov. 2025 was 6.54%. It is also linked to ROA % through Du Pont Formula. Mavenome and Growth VCT 3's annualized ROA % for the quarter that ended in Nov. 2025 was 6.50%.


Mavenome and Growth VCT 3  (LSE:MIG3) Asset Turnover Explanation

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

Mavenome and Growth VCT 3's annulized ROE % for the quarter that ended in Nov. 2025 is

ROE %**(Q: Nov. 2025 )
=Net Income/Total Stockholders Equity
=4.356/66.561
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.356 / 4.826)*(4.826 / 66.997)*(66.997/ 66.561)
=Net Margin %*Asset Turnover*Equity Multiplier
=90.26 %*0.072*1.0066
=ROA %*Equity Multiplier
=6.50 %*1.0066
=6.54 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 2025) 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:

Mavenome and Growth VCT 3's annulized ROA % for the quarter that ended in Nov. 2025 is

ROA %(Q: Nov. 2025 )
=Net Income/Total Assets
=4.356/66.997
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.356 / 4.826)*(4.826 / 66.997)
=Net Margin %*Asset Turnover
=90.26 %*0.072
=6.50 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 2025) 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.


Mavenome and Growth VCT 3 Asset Turnover Related Terms


Mavenome and Growth VCT 3 Asset Turnover Historical Data

* Premium members only.

The historical data trend for Mavenome and Growth VCT 3'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.

Mavenome and Growth VCT 3 Asset Turnover Chart

Mavenome and Growth VCT 3 Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.00 -0.04 0.05 0.03

Mavenome and Growth VCT 3 Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 -0.01 0.03 0.02 -0.01 0.04

LSE:MIG3 vs BLK, BX, KKR: Asset Turnover Comparison

For the Asset Management subindustry, Mavenome and Growth VCT 3'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.


Mavenome and Growth VCT 3 Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Mavenome and Growth VCT 3's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Mavenome and Growth VCT 3's Asset Turnover falls into.


LSE:MIG3
30GF Score
Maven Income and Growth VCT 3 PLC LSE:MIG3
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mavenome and Growth VCT 3 Asset Turnover Calculation

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

Mavenome and Growth VCT 3's Asset Turnover for the fiscal year that ended in Nov. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2025 )/( (Total Assets (A: Nov. 2024 )+Total Assets (A: Nov. 2025 ))/ count )
=1.663/( (62.492+66.374)/ 2 )
=1.663/64.433
=0.03

Mavenome and Growth VCT 3's Asset Turnover for the quarter that ended in Nov. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2025 )/( (Total Assets (Q: May. 2025 )+Total Assets (Q: Nov. 2025 ))/ count )
=2.413/( (67.62+66.374)/ 2 )
=2.413/66.997
=0.04

* 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 0.04 mean?
Mavenome and Growth VCT 3 (LSE:MIG3) has a Asset Turnover of 0.04 as of Nov. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Mavenome and Growth VCT 3 and its competitors.
Is Mavenome and Growth VCT 3's Asset Turnover too high?
Mavenome and Growth VCT 3's current Asset Turnover is 0.04. Overall, Mavenome and Growth VCT 3 has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Mavenome and Growth VCT 3's Asset Turnover compare to BLK and BX?
Mavenome and Growth VCT 3's Asset Turnover of 0.04 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Asset Turnover depends on the Asset Management 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 Mavenome and Growth VCT 3 and its competitors. Mavenome and Growth VCT 3's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mavenome and Growth VCT 3 stock overvalued right now?
Mavenome and Growth VCT 3 (LSE:MIG3) has a current Asset Turnover of 0.04. The current Asset Turnover is 0.04. Mavenome and Growth VCT 3's overall GF Score™ is 30/100 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 Mavenome and Growth VCT 3 (LSE:MIG3), the current Asset Turnover is 0.04 as of Nov. 2025. 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.

Mavenome and Growth VCT 3 Business Description

Address 205 West George Street, Kintyre House, Glasgow, GBR, G2 2LW
Maven Income and Growth VCT 3 PLC is a Venture Capital Trust (VCT). Its investment objective is to achieve long-term capital appreciation and generate income for shareholders. The company invests the majority of its funds in a diversified portfolio of shares and securities in smaller, unquoted UK companies and AIM-quoted companies that meet the criteria for VCT qualifying investments and have growth potential. Its investment portfolio comprises companies from various sectors such as software and technology, business services, industrials and engineering, learning and development, recruitment technology, pharmaceuticals, etc.
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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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