Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Penguin International's Revenue for the
six
months ended in Dec. 2025 was S$144.9 Mil. Penguin International's Total Assets for the quarter that ended in Dec. 2025 was S$435.5 Mil. Therefore, Penguin International's Asset Turnover for the quarter that ended in Dec. 2025 was 0.33.
Asset Turnover is linked to ROE % through Du Pont Formula. Penguin International's annualizedROE % for the quarter that ended in Dec. 2025 was 21.82%. It is also linked to ROA % through Du Pont Formula. Penguin International's annualizedROA % for the quarter that ended in Dec. 2025 was 13.06%.
Penguin International (SGX:BTM) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Penguin International'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:
Penguin International'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.
Penguin International Asset Turnover Related Terms
Penguin International Asset Turnover Historical Data
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The historical data trend for Penguin International'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.
SGX:BTM vs SPCX, GE, RTX: Asset Turnover Comparison
For the Aerospace & Defense subindustry, Penguin International'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.
Penguin International Asset Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Penguin International's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Penguin International'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.
Penguin International (SGX:BTM) has a Asset Turnover of 0.33 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Penguin International and its competitors.
Is Penguin International's Asset Turnover too high?
Penguin International's current Asset Turnover is 0.33. Overall, Penguin International has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Penguin International's Asset Turnover compare to SPCX and GE?
Penguin International's Asset Turnover of 0.33 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Asset Turnover depends on the Aerospace & Defense 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 Penguin International and its competitors. Penguin International's current Asset Turnover is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Penguin International stock overvalued right now?
Based on GuruFocus' analysis, Penguin International (SGX:BTM) is currently considered Fairly Valued. The stock's GF Value™ is S$1.44, compared to a current price of S$1.50 — trading 4.2% above its estimated fair value. The current Asset Turnover is 0.33. Penguin International's overall GF Score™ is 90/100 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 Penguin International (SGX:BTM), the current Asset Turnover is 0.33 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 Penguin International (SGX:BTM) Overvalued in 2026?
Based on GuruFocus' analysis, Penguin International stock appears to be overvalued.
The current stock price of S$1.50 is trading 4.2% above its estimated GF Value™ of S$1.44.
GuruFocus considers Penguin International to be Fairly Valued.
Key valuation signals for SGX:BTM:
Asset Turnover: 0.33
GF Value™: S$1.44 vs. price of S$1.50 (4.2% above fair value)
No single metric tells the full story. See the SGX:BTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Penguin International Ltd is a marine and offshore services company. Its services include shipyard services and offshore charters. The company's segments include the chartering segment, which provides chartering of vessels; and the shipbuilding and ship repairs and maintenance segment, which acts as a builder of high speed aluminum commercial vessels and contractor for ship repairs and maintenance services. Its principal activity is to act as (i) owners and operators of passenger ferries, (ii) designers and builders of search-and-rescue vessels, and (iii) investment holding. Its subsidiaries own and operate crew boats, fast supply intervention vessels, passenger ferries, as well as shipyards.
90GF Score
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