Industrial Bank of Korea (LUX:IBKOR) Asset Turnover: 0.01 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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LUX:IBKOR Industrial Bank of Korea LUX:IBKOR
67 GF Score
Price $10.20
GF Value $6.22
! 5 Warning Signs
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What is Industrial Bank of Korea Asset Turnover?

Industrial Bank of Korea LUX:IBKOR 67 Asset Turnover is 0.01 as of Mar. 2026. GuruFocus rates LUX:IBKOR with a GF Score™ of 67/100 and a GF Value™ of $6.22. 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. Industrial Bank of Korea's Revenue for the three months ended in Mar. 2026 was $1,639 Mil. Industrial Bank of Korea's Total Assets for the quarter that ended in Mar. 2026 was $342,345 Mil. Therefore, Industrial Bank of Korea's Asset Turnover for the quarter that ended in Mar. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Industrial Bank of Korea's annualized ROE % for the quarter that ended in Mar. 2026 was 8.11%. It is also linked to ROA % through Du Pont Formula. Industrial Bank of Korea's annualized ROA % for the quarter that ended in Mar. 2026 was 0.59%.


Industrial Bank of Korea  (LUX:IBKOR) Asset Turnover Explanation

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

Industrial Bank of Korea's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2009.2/24782.9335
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2009.2 / 6557.656)*(6557.656 / 342344.565)*(342344.565/ 24782.9335)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.64 %*0.0192*13.8137
=ROA %*Equity Multiplier
=0.59 %*13.8137
=8.11 %

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:

Industrial Bank of Korea's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2009.2/342344.565
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2009.2 / 6557.656)*(6557.656 / 342344.565)
=Net Margin %*Asset Turnover
=30.64 %*0.0192
=0.59 %

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.


Industrial Bank of Korea Asset Turnover Related Terms


Industrial Bank of Korea Asset Turnover Historical Data

* Premium members only.

The historical data trend for Industrial Bank of Korea'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.

Industrial Bank of Korea Asset Turnover Chart

Industrial Bank of Korea 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 0.02 0.02 0.02 0.02 0.02

Industrial Bank of Korea 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 0.01 0.01 0.00 0.01 0.01

Industrial Bank of Korea Asset Turnover Competitor Comparison

For the Banks - Regional subindustry, Industrial Bank of Korea'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.


Industrial Bank of Korea Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, Industrial Bank of Korea's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Industrial Bank of Korea's Asset Turnover falls into.


LUX:IBKOR
67GF Score
Industrial Bank of Korea LUX:IBKOR
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrial Bank of Korea Asset Turnover Calculation

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

Industrial Bank of Korea'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 )
=6797.311/( (327931.195+341686.909)/ 2 )
=6797.311/334809.052
=0.02

Industrial Bank of Korea'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 )
=1639.414/( (341686.909+343002.221)/ 2 )
=1639.414/342344.565
=0.00

* 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 0.01 mean?
Industrial Bank of Korea (LUX:IBKOR) has a Asset Turnover of 0.01 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Industrial Bank of Korea and its competitors.
Is Industrial Bank of Korea's Asset Turnover too high?
Industrial Bank of Korea's current Asset Turnover is 0.01. Overall, Industrial Bank of Korea has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Industrial Bank of Korea's Asset Turnover compare to competitors?
Industrial Bank of Korea's Asset Turnover of 0.01 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 Industrial Bank of Korea and its competitors. Industrial Bank of Korea's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial Bank of Korea stock overvalued right now?
Industrial Bank of Korea (LUX:IBKOR) has a current Asset Turnover of 0.01. The stock's GF Value™ is $6.22, compared to a current price of $10.20 — trading 64% above its estimated fair value. The current Asset Turnover is 0.01. Industrial Bank of Korea's overall GF Score™ is 67/100 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 Industrial Bank of Korea (LUX:IBKOR), the current Asset Turnover is 0.01 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 Industrial Bank of Korea (LUX:IBKOR) Overvalued in 2026?

Based on GuruFocus' analysis, Industrial Bank of Korea stock appears to be overvalued. The current stock price of $10.20 is trading 64% above its estimated GF Value™ of $6.22.

Key valuation signals for LUX:IBKOR:

  • Asset Turnover: 0.01
  • GF Value™: $6.22 vs. price of $10.20 (64% above fair value)
  • GF Score™: 67/100 with 5 warning signs

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


Industrial Bank of Korea Business Description

Other Exchanges 024110:Korea
Address 79 Euljiro, Jung-gu, Seoul, KOR
Industrial Bank of Korea is a financial institution domiciled in Korea. It offers financial services such as foreign exchange, remittances, and digital banking. Its products include deposit accounts, debit cards, and remittance options for foreign customers. The bank provides personal banking and wealth services for individuals, and loans, overdrafts, and credit facilities for businesses. It operates through a broad branch network and mobile-banking platforms. The company principally earns revenue from interest income.
67GF Score

Get the complete analysis for LUX:IBKOR

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

$10.20
Price
$6.22
GF Value