Link Real Estate Investment Trust (MEX:823N) Asset Turnover: 0.03 (As of Mar. 2026)


MEX:823N Link Real Estate Investment Trust MEX:823N
66 GF Score
Price MXN102.06
GF Value MXN106.09
! 4 Warning Signs
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What is Link Real Estate Investment Trust Asset Turnover?

Link Real Estate Investment Trust MEX:823N 66 Asset Turnover is 0.03 as of Mar. 2026. GuruFocus rates MEX:823N with a GF Score™ of 66/100 and a GF Value™ of MXN106.09. The stock has 4 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. Link Real Estate Investment Trust's Revenue for the six months ended in Mar. 2026 was MXN15,932 Mil. Link Real Estate Investment Trust's Total Assets for the quarter that ended in Mar. 2026 was MXN519,441 Mil. Therefore, Link Real Estate Investment Trust's Asset Turnover for the quarter that ended in Mar. 2026 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Link Real Estate Investment Trust's annualized ROE % for the quarter that ended in Mar. 2026 was -7.41%. It is also linked to ROA % through Du Pont Formula. Link Real Estate Investment Trust's annualized ROA % for the quarter that ended in Mar. 2026 was -5.13%.


Link Real Estate Investment Trust  (MEX:823N) Asset Turnover Explanation

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

Link Real Estate Investment Trust's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-26647.698/359431.2705
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-26647.698 / 31863.884)*(31863.884 / 519441.0655)*(519441.0655/ 359431.2705)
=Net Margin %*Asset Turnover*Equity Multiplier
=-83.63 %*0.0613*1.4452
=ROA %*Equity Multiplier
=-5.13 %*1.4452
=-7.41 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

Link Real Estate Investment Trust's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-26647.698/519441.0655
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-26647.698 / 31863.884)*(31863.884 / 519441.0655)
=Net Margin %*Asset Turnover
=-83.63 %*0.0613
=-5.13 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Link Real Estate Investment Trust Asset Turnover Related Terms


Link Real Estate Investment Trust Asset Turnover Historical Data

* Premium members only.

The historical data trend for Link Real Estate Investment Trust'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.

Link Real Estate Investment Trust Asset Turnover Chart

Link Real Estate Investment Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.05 0.07 0.06

Link Real Estate Investment Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.03 0.03 0.03 0.03 0.03

MEX:823N vs SPG, O, KIM: Asset Turnover Comparison

For the REIT - Retail subindustry, Link Real Estate Investment Trust'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.


Link Real Estate Investment Trust Asset Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Link Real Estate Investment Trust's Asset Turnover distribution charts can be found below:

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


MEX:823N
66GF Score
Link Real Estate Investment Trust MEX:823N
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Link Real Estate Investment Trust Asset Turnover Calculation

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

Link Real Estate Investment Trust's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=32112.712/( (603199.478+506368.482)/ 2 )
=32112.712/554783.98
=0.06

Link Real Estate Investment Trust'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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=15931.942/( (532513.649+506368.482)/ 2 )
=15931.942/519441.0655
=0.03

* 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 0.03 mean?
Link Real Estate Investment Trust (MEX:823N) has a Asset Turnover of 0.03 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Link Real Estate Investment Trust and its competitors.
Is Link Real Estate Investment Trust's Asset Turnover too high?
Link Real Estate Investment Trust's current Asset Turnover is 0.03. Overall, Link Real Estate Investment Trust has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Link Real Estate Investment Trust's Asset Turnover compare to SPG and O?
Link Real Estate Investment Trust's Asset Turnover of 0.03 can be compared against companies in the REITs 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 REITs company?
A good Asset Turnover depends on the REITs 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 Link Real Estate Investment Trust and its competitors. Link Real Estate Investment Trust's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link Real Estate Investment Trust stock overvalued right now?
Link Real Estate Investment Trust (MEX:823N) has a current Asset Turnover of 0.03. The stock's GF Value™ is MXN106.09, compared to a current price of MXN102.06 — trading 3.8% below its estimated fair value. The current Asset Turnover is 0.03. Link Real Estate Investment Trust's overall GF Score™ is 66/100 with 4 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 Link Real Estate Investment Trust (MEX:823N), the current Asset Turnover is 0.03 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 Link Real Estate Investment Trust (MEX:823N) Overvalued in 2026?

Based on GuruFocus' analysis, Link Real Estate Investment Trust stock appears to be undervalued. The current stock price of MXN102.06 is trading 3.8% below its estimated GF Value™ of MXN106.09.

Key valuation signals for MEX:823N:

  • Asset Turnover: 0.03
  • GF Value™: MXN106.09 vs. price of MXN102.06 (3.8% below fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the MEX:823N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Link Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address 77 Hoi Bun Road, 20th Floor, Tower 1, The Quayside, Kowloon, Kwun Tong, Hong Kong, HKG
Link REIT is Asia's largest REIT, listed in 2005 to privatize retail assets held by the Hong Kong Housing Authority. It owns 154 properties and around 57,000 car park spaces. It expanded its investment mandate in 2014 to allow overseas acquisitions, and has since acquired retail, office, and logistics properties in China, as well as an office development project in Hong Kong. Link also expanded its footprint to Sydney, Melbourne, London, and Singapore.
66GF Score

Get the complete analysis for MEX:823N

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

MXN102.06
Price
MXN106.09
GF Value