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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BOC Kenya's Revenue for the
six
months ended in Dec. 2025 was KES1,427 Mil. BOC Kenya's Total Assets for the quarter that ended in Dec. 2025 was KES2,417 Mil. Therefore, BOC Kenya's Asset Turnover for the quarter that ended in Dec. 2025 was 0.59.
Asset Turnover is linked to ROE % through Du Pont Formula. BOC Kenya's annualizedROE % for the quarter that ended in Dec. 2025 was 30.31%. It is also linked to ROA % through Du Pont Formula. BOC Kenya's annualizedROA % for the quarter that ended in Dec. 2025 was 25.98%.
BOC Kenya (NAI:BOC) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
BOC Kenya's annulizedROE % for the quarter that ended in Dec. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 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:
BOC Kenya's annulizedROA % for the quarter that ended in Dec. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.
BOC Kenya Asset Turnover Related Terms
BOC Kenya Asset Turnover Historical Data
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The historical data trend for BOC Kenya'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.
For the Chemicals subindustry, BOC Kenya'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.
BOC Kenya Asset Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, BOC Kenya's Asset Turnover distribution charts can be found below:
* The bar in red indicates where BOC Kenya's Asset Turnover falls into.
* 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.
BOC Kenya (NAI:BOC) has a Asset Turnover of 0.59 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on BOC Kenya and its competitors.
Is BOC Kenya's Asset Turnover too high?
BOC Kenya's current Asset Turnover is 0.59. Overall, BOC Kenya has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BOC Kenya's Asset Turnover compare to DOW?
BOC Kenya's Asset Turnover of 0.59 can be compared against companies in the Chemicals 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 Chemicals company?
A good Asset Turnover depends on the Chemicals 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 BOC Kenya and its competitors. BOC Kenya's current Asset Turnover is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC Kenya stock overvalued right now?
Based on GuruFocus' analysis, BOC Kenya (NAI:BOC) is currently considered Significantly Overvalued. The stock's GF Value™ is KES90.18, compared to a current price of KES172.50 — trading 91.3% above its estimated fair value. The current Asset Turnover is 0.59. BOC Kenya's overall GF Score™ is 72/100 with 3 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 BOC Kenya (NAI:BOC), the current Asset Turnover is 0.59 as of Dec. 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 BOC Kenya (NAI:BOC) Overvalued in 2026?
Based on GuruFocus' analysis, BOC Kenya stock appears to be overvalued.
The current stock price of KES172.50 is trading 91.3% above its estimated GF Value™ of KES90.18.
GuruFocus considers BOC Kenya to be Significantly Overvalued.
Key valuation signals for NAI:BOC:
Asset Turnover: 0.59
GF Value™: KES90.18 vs. price of KES172.50 (91.3% above fair value)
No single metric tells the full story. See the NAI:BOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BOC Kenya PLC is involved in the manufacture and sale of industrial and medical gases and welding products. Its product range consists of Bulk gases, Packaged gases, and Engineering services. Bulk gases include liquid oxygen and liquid nitrogen. Packaged gases comprise medical gases, industrial gases, special gas mixtures, and liquefied petroleum gas. The engineering services include supplies of medical equipment, construction of medical and other gas pipelines, liquefied petroleum gas installations, tanks and pipelines, industrial gas storage and pipeline installations, and related maintenance services. The company generates the majority of its revenue from the sale of medical and industrial gases.
72GF Score
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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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