AX Real Estate (MAL:AXR) Asset Turnover: 0.04 (As of Oct. 2025)


MAL:AXR AX Real Estate PLC MAL:AXR
29 GF Score
Price €0.49
GF Value €0.81
Valuation Possible Value Trap
! 9 Warning Signs
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What is AX Real Estate Asset Turnover?

AX Real Estate MAL:AXR 29 Asset Turnover is 0.04 as of Oct. 2025. GuruFocus rates MAL:AXR with a GF Score™ of 29/100 and a GF Value™ of €0.81 (Possible Value Trap). The stock has 9 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. AX Real Estate's Revenue for the six months ended in Oct. 2025 was €14.51 Mil. AX Real Estate's Total Assets for the quarter that ended in Oct. 2025 was €337.66 Mil. Therefore, AX Real Estate's Asset Turnover for the quarter that ended in Oct. 2025 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. AX Real Estate's annualized ROE % for the quarter that ended in Oct. 2025 was 26.13%. It is also linked to ROA % through Du Pont Formula. AX Real Estate's annualized ROA % for the quarter that ended in Oct. 2025 was 11.20%.

AX Real Estate  (MAL:AXR) Asset Turnover Explanation

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

AX Real Estate's annulized ROE % for the quarter that ended in Oct. 2025 is

ROE %**(Q: Oct. 2025 )
=Net Income/Total Stockholders Equity
=37.824/144.737
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(37.824 / 29.024)*(29.024 / 337.664)*(337.664/ 144.737)
=Net Margin %*Asset Turnover*Equity Multiplier
=130.32 %*0.086*2.3329
=ROA %*Equity Multiplier
=11.20 %*2.3329
=26.13 %

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

AX Real Estate's annulized ROA % for the quarter that ended in Oct. 2025 is

ROA %(Q: Oct. 2025 )
=Net Income/Total Assets
=37.824/337.664
=(Net Income / Revenue)*(Revenue / Total Assets)
=(37.824 / 29.024)*(29.024 / 337.664)
=Net Margin %*Asset Turnover
=130.32 %*0.086
=11.20 %

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

AX Real Estate Asset Turnover Related Terms

AX Real Estate Asset Turnover Historical Data

* Premium members only.

The historical data trend for AX Real Estate'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.

AX Real Estate Asset Turnover Chart

AX Real Estate Annual Data
Trend Oct22 Oct23 Oct24 Oct25
Asset Turnover
0.03 0.04 0.06 0.06

AX Real Estate Semi-Annual Data
Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
Asset Turnover Get a 7-Day Free Trial 0.03 0.02 0.04 0.02 0.04

AX Real Estate Asset Turnover Competitor Comparison

For the Real Estate - Diversified subindustry, AX Real Estate'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.

AX Real Estate Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, AX Real Estate's Asset Turnover distribution charts can be found below:

* The bar in red indicates where AX Real Estate's Asset Turnover falls into.


MAL:AXR
29GF Score
AX Real Estate PLC MAL:AXR
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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AX Real Estate Asset Turnover Calculation

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

AX Real Estate's Asset Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2025 )/( (Total Assets (A: Oct. 2024 )+Total Assets (A: Oct. 2025 ))/ count )
=21.644/( (323.649+349.589)/ 2 )
=21.644/336.619
=0.06

AX Real Estate's Asset Turnover for the quarter that ended in Oct. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2025 )/( (Total Assets (Q: Apr. 2025 )+Total Assets (Q: Oct. 2025 ))/ count )
=14.512/( (325.739+349.589)/ 2 )
=14.512/337.664
=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?
AX Real Estate (MAL:AXR) has a Asset Turnover of 0.04 as of Oct. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on AX Real Estate and its competitors.
Is AX Real Estate's Asset Turnover too high?
AX Real Estate's current Asset Turnover is 0.04. Overall, AX Real Estate has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AX Real Estate's Asset Turnover compare to competitors?
AX Real Estate's Asset Turnover of 0.04 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 AX Real Estate and its competitors. AX Real Estate'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 AX Real Estate stock overvalued right now?
Based on GuruFocus' analysis, AX Real Estate (MAL:AXR) is currently considered Possible Value Trap. The stock's GF Value™ is €0.81, compared to a current price of €0.49 — trading 39.5% below its estimated fair value. The current Asset Turnover is 0.04. AX Real Estate's overall GF Score™ is 29/100 with 9 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 AX Real Estate (MAL:AXR), the current Asset Turnover is 0.04 as of Oct. 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.

Is AX Real Estate (MAL:AXR) Overvalued in 2026?

Based on GuruFocus' analysis, AX Real Estate stock appears to be undervalued. The current stock price of €0.49 is trading 39.5% below its estimated GF Value™ of €0.81. GuruFocus considers AX Real Estate to be Possible Value Trap.

Key valuation signals for MAL:AXR:

  • Asset Turnover: 0.04
  • GF Value™: €0.81 vs. price of €0.49 (39.5% below fair value)
  • GF Score™: 29/100 with 9 warning signs

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

AX Real Estate Business Description

Address AX Business Centre, Triq Id-Difiza Civili, Mosta, MLT, MST 1741
AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. It is engaged in four main business sectors namely, Care, Construction, Hospitality, Real Estate, and Development, and is also involved in renewable energy. It generates rental revenues from Hospitality, Care home, Offices, Residential, and Warehousing. It generates the majority of its revenue from the Hospitality segment.
29GF Score

Get the complete analysis for MAL:AXR

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

€0.49
Price
€0.81
GF Value