Penpower Technology (ROCO:5211) Asset Turnover: 0.16 (As of Dec. 2025)


ROCO:5211 Penpower Technology Ltd ROCO:5211
67 GF Score
Price NT$22.20
GF Value NT$36.70
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Penpower Technology Asset Turnover?

Penpower Technology ROCO:5211 67 Asset Turnover is 0.16 as of Dec. 2025. GuruFocus rates ROCO:5211 with a GF Score™ of 67/100 and a GF Value™ of NT$36.70 (Significantly Undervalued). The stock has 1 warning sign 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. Penpower Technology's Revenue for the three months ended in Dec. 2025 was NT$61.6 Mil. Penpower Technology's Total Assets for the quarter that ended in Dec. 2025 was NT$397.6 Mil. Therefore, Penpower Technology's Asset Turnover for the quarter that ended in Dec. 2025 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Penpower Technology's annualized ROE % for the quarter that ended in Dec. 2025 was -3.53%. It is also linked to ROA % through Du Pont Formula. Penpower Technology's annualized ROA % for the quarter that ended in Dec. 2025 was -3.07%.


Penpower Technology  (ROCO:5211) Asset Turnover Explanation

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

Penpower Technology's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-12.212/345.5865
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-12.212 / 246.204)*(246.204 / 397.627)*(397.627/ 345.5865)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.96 %*0.6192*1.1506
=ROA %*Equity Multiplier
=-3.07 %*1.1506
=-3.53 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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:

Penpower Technology's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-12.212/397.627
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-12.212 / 246.204)*(246.204 / 397.627)
=Net Margin %*Asset Turnover
=-4.96 %*0.6192
=-3.07 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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.


Penpower Technology Asset Turnover Related Terms


Penpower Technology Asset Turnover Historical Data

* Premium members only.

The historical data trend for Penpower Technology'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.

Penpower Technology Asset Turnover Chart

Penpower Technology 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 0.21 0.22 0.29 0.36 0.53

Penpower Technology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.09 0.10 0.13 0.16 0.16

ROCO:5211 vs UBER, SHOP, CRM: Asset Turnover Comparison

For the Software - Application subindustry, Penpower Technology'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.


Penpower Technology Asset Turnover vs Software Industry

For the Software industry and Technology sector, Penpower Technology's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Penpower Technology's Asset Turnover falls into.


ROCO:5211
67GF Score
Penpower Technology Ltd ROCO:5211
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Penpower Technology Asset Turnover Calculation

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

Penpower Technology'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 )
=218.644/( (423.113+396.856)/ 2 )
=218.644/409.9845
=0.53

Penpower Technology'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: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=61.551/( (398.398+396.856)/ 2 )
=61.551/397.627
=0.15

* 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 0.16 mean?
Penpower Technology (ROCO:5211) has a Asset Turnover of 0.16 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Penpower Technology and its competitors.
Is Penpower Technology's Asset Turnover too high?
Penpower Technology's current Asset Turnover is 0.16. Overall, Penpower Technology has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Penpower Technology's Asset Turnover compare to UBER and SHOP?
Penpower Technology's Asset Turnover of 0.16 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Penpower Technology and its competitors. Penpower Technology's current Asset Turnover is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Penpower Technology stock overvalued right now?
Based on GuruFocus' analysis, Penpower Technology (ROCO:5211) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$36.70, compared to a current price of NT$22.20 — trading 39.5% below its estimated fair value. The current Asset Turnover is 0.16. Penpower Technology's overall GF Score™ is 67/100 with 1 warning sign 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 Penpower Technology (ROCO:5211), the current Asset Turnover is 0.16 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 Penpower Technology (ROCO:5211) Overvalued in 2026?

Based on GuruFocus' analysis, Penpower Technology stock appears to be undervalued. The current stock price of NT$22.20 is trading 39.5% below its estimated GF Value™ of NT$36.70. GuruFocus considers Penpower Technology to be Significantly Undervalued.

Key valuation signals for ROCO:5211:

  • Asset Turnover: 0.16
  • GF Value™: NT$36.70 vs. price of NT$22.20 (39.5% below fair value)
  • GF Score™: 67/100 with 1 warning sign

No single metric tells the full story. See the ROCO:5211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Penpower Technology Business Description

Address Guangfu Road, Section 2, 7th Floor, No.47, Lane 2, Hsinchu, TWN, 30071
Penpower Technology Ltd is a smart human-machine interface core technology research and development company. The company is engaged in the manufacturing and distribution of software products. It offers products based on its handwriting recognition, voice recognition, optical character recognition, business card recognition, biometrics recognition, and security technologies. The technologies serve different industries such as PC, mobile devices, communication transmission, internet, and information appliances. It has operations in Hong Kong, Singapore, China, and the United States.
67GF Score

Get the complete analysis for ROCO:5211

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

NT$22.20
Price
NT$36.70
GF Value