Saudi Manpower Solutions Co (SMASCO) (SAU:1834) Asset Turnover: 0.44 (As of Mar. 2026)


SAU:1834 Saudi Manpower Solutions Co (SMASCO) SAU:1834
20 GF Score
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What is Saudi Manpower Solutions Co (SMASCO) Asset Turnover?

Saudi Manpower Solutions Co (SMASCO) SAU:1834 -0.79% 20 Asset Turnover is 0.44 as of Mar. 2026. GuruFocus rates SAU:1834 with a GF Score™ of 20/100. The stock has 2 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. Saudi Manpower Solutions Co (SMASCO)'s Revenue for the three months ended in Mar. 2026 was ﷼557 Mil. Saudi Manpower Solutions Co (SMASCO)'s Total Assets for the quarter that ended in Mar. 2026 was ﷼1,256 Mil. Therefore, Saudi Manpower Solutions Co (SMASCO)'s Asset Turnover for the quarter that ended in Mar. 2026 was 0.44.

Asset Turnover is linked to ROE % through Du Pont Formula. Saudi Manpower Solutions Co (SMASCO)'s annualized ROE % for the quarter that ended in Mar. 2026 was 30.70%. It is also linked to ROA % through Du Pont Formula. Saudi Manpower Solutions Co (SMASCO)'s annualized ROA % for the quarter that ended in Mar. 2026 was 15.47%.


Saudi Manpower Solutions Co (SMASCO)  (SAU:1834) Asset Turnover Explanation

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

Saudi Manpower Solutions Co (SMASCO)'s annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=194.308/632.91
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(194.308 / 2228.064)*(2228.064 / 1256.2365)*(1256.2365/ 632.91)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.72 %*1.7736*1.9849
=ROA %*Equity Multiplier
=15.47 %*1.9849
=30.70 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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:

Saudi Manpower Solutions Co (SMASCO)'s annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=194.308/1256.2365
=(Net Income / Revenue)*(Revenue / Total Assets)
=(194.308 / 2228.064)*(2228.064 / 1256.2365)
=Net Margin %*Asset Turnover
=8.72 %*1.7736
=15.47 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Saudi Manpower Solutions Co (SMASCO) Asset Turnover Related Terms


Saudi Manpower Solutions Co (SMASCO) Asset Turnover Historical Data

* Premium members only.

The historical data trend for Saudi Manpower Solutions Co (SMASCO)'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.

Saudi Manpower Solutions Co (SMASCO) Asset Turnover Chart

Saudi Manpower Solutions Co (SMASCO) Annual Data
Trend Dec23 Dec24 Dec25
Asset Turnover
1.81 1.80 1.81

Saudi Manpower Solutions Co (SMASCO) Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.45 0.47 0.46 0.44

SAU:1834 vs KFY, RHI, TNET: Asset Turnover Comparison

For the Staffing & Employment Services subindustry, Saudi Manpower Solutions Co (SMASCO)'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.


Saudi Manpower Solutions Co (SMASCO) Asset Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Saudi Manpower Solutions Co (SMASCO)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Saudi Manpower Solutions Co (SMASCO)'s Asset Turnover falls into.


SAU:1834
20GF Score
Saudi Manpower Solutions Co (SMASCO) SAU:1834
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Saudi Manpower Solutions Co (SMASCO) Asset Turnover Calculation

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

Saudi Manpower Solutions Co (SMASCO)'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 )
=2094.594/( (1095.384+1221.909)/ 2 )
=2094.594/1158.6465
=1.81

Saudi Manpower Solutions Co (SMASCO)'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: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=557.016/( (1221.909+1290.564)/ 2 )
=557.016/1256.2365
=0.44

* 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 0.44 mean?
Saudi Manpower Solutions Co (SMASCO) (SAU:1834) has a Asset Turnover of 0.44 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Saudi Manpower Solutions Co (SMASCO) and its competitors.
Is Saudi Manpower Solutions Co (SMASCO)'s Asset Turnover too high?
Saudi Manpower Solutions Co (SMASCO)'s current Asset Turnover is 0.44. Overall, Saudi Manpower Solutions Co (SMASCO) has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Saudi Manpower Solutions Co (SMASCO)'s Asset Turnover compare to KFY and RHI?
Saudi Manpower Solutions Co (SMASCO)'s Asset Turnover of 0.44 can be compared against companies in the Business Services 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 Business Services company?
A good Asset Turnover depends on the Business Services 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 Saudi Manpower Solutions Co (SMASCO) and its competitors. Saudi Manpower Solutions Co (SMASCO)'s current Asset Turnover is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Manpower Solutions Co (SMASCO) stock overvalued right now?
Saudi Manpower Solutions Co (SMASCO) (SAU:1834) has a current Asset Turnover of 0.44. The current Asset Turnover is 0.44. Saudi Manpower Solutions Co (SMASCO)'s overall GF Score™ is 20/100 with 2 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 Saudi Manpower Solutions Co (SMASCO) (SAU:1834), the current Asset Turnover is 0.44 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.

Saudi Manpower Solutions Co (SMASCO) Business Description

Address 6527 Al Olaya Street, P.O. Box 91279, Al Ghadeer District, Riyadh, SAU, 13311
Saudi Manpower Solutions Co (SMASCO) mainly provides employment agency services and administration and support to individuals and businesses for temporary employment of foreign labour. The Group's reportable operating segments are: Corporate, Individuals, Logistic, and Others. Maximum revenue is derived from the Corporate segment, which provides services of expatriate and Saudi labour to companies whose contracts extend for two years. The Individuals segment provides home labour services to individual customers whose contract duration ranges from one month to two years, including various hourly works, and the Logistic segment includes storage facilities for all types of goods, accommodation services, and transportation services.
20GF 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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