Royal Exchange (NSA:ROYALEX) Asset Turnover: 0.04 (As of Dec. 2025)


NSA:ROYALEX Royal Exchange PLC NSA:ROYALEX
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What is Royal Exchange Asset Turnover?

Royal Exchange NSA:ROYALEX -9.66% 9 Asset Turnover is 0.04 as of Dec. 2025. GuruFocus rates NSA:ROYALEX with a GF Score™ of 9/100. 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. Royal Exchange's Revenue for the six months ended in Dec. 2025 was ₦455.7 Mil. Royal Exchange's Total Assets for the quarter that ended in Dec. 2025 was ₦10,680.2 Mil. Therefore, Royal Exchange's Asset Turnover for the quarter that ended in Dec. 2025 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Royal Exchange's annualized ROE % for the quarter that ended in Dec. 2025 was 27.45%. It is also linked to ROA % through Du Pont Formula. Royal Exchange's annualized ROA % for the quarter that ended in Dec. 2025 was 17.30%.

Royal Exchange  (NSA:ROYALEX) Asset Turnover Explanation

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

Royal Exchange's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=1848.064/6732.89
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1848.064 / 911.344)*(911.344 / 10680.155)*(10680.155/ 6732.89)
=Net Margin %*Asset Turnover*Equity Multiplier
=202.78 %*0.0853*1.5863
=ROA %*Equity Multiplier
=17.30 %*1.5863
=27.45 %

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:

Royal Exchange's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=1848.064/10680.155
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1848.064 / 911.344)*(911.344 / 10680.155)
=Net Margin %*Asset Turnover
=202.78 %*0.0853
=17.30 %

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.

Royal Exchange Asset Turnover Related Terms

Royal Exchange Asset Turnover Historical Data

* Premium members only.

The historical data trend for Royal Exchange'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.

Royal Exchange Asset Turnover Chart

Royal Exchange 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 0.03 0.08 0.04

Royal Exchange Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 -0.02 0.03 0.08 0.04

NSA:ROYALEX vs BRK.A, AIG, HIG: Asset Turnover Comparison

For the Insurance - Diversified subindustry, Royal Exchange'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.

Royal Exchange Asset Turnover vs Insurance Industry

For the Insurance industry and Financial Services sector, Royal Exchange's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Royal Exchange's Asset Turnover falls into.


NSA:ROYALEX
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Royal Exchange PLC NSA:ROYALEX
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Royal Exchange Asset Turnover Calculation

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

Royal Exchange'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 )
=455.672/( (9205.074+12155.236)/ 2 )
=455.672/10680.155
=0.04

Royal Exchange's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Dec. 2025 ))/ count )
=455.672/( (9205.074+12155.236)/ 2 )
=455.672/10680.155
=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?
Royal Exchange (NSA:ROYALEX) has a Asset Turnover of 0.04 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Royal Exchange and its competitors.
Is Royal Exchange's Asset Turnover too high?
Royal Exchange's current Asset Turnover is 0.04. Overall, Royal Exchange has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Royal Exchange's Asset Turnover compare to BRK.A and AIG?
Royal Exchange's Asset Turnover of 0.04 can be compared against companies in the Insurance 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 Insurance company?
A good Asset Turnover depends on the Insurance 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 Royal Exchange and its competitors. Royal Exchange'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 Royal Exchange stock overvalued right now?
Royal Exchange (NSA:ROYALEX) has a current Asset Turnover of 0.04. The current Asset Turnover is 0.04. Royal Exchange's overall GF Score™ is 9/100 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 Royal Exchange (NSA:ROYALEX), the current Asset Turnover is 0.04 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.

Royal Exchange Business Description

Address 3b Sir Samuel Manuwa Street, Off Bishop Aboyade Cole, Victoria Island, Lagos, NGA, 106104
Royal Exchange PLC principal activities are general insurance, health insurance, and credit financing, with segments including Life Insurance, Healthcare, and Credit Financing.
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