Hotel Royal (SGX:H12) Asset Turnover: 0.04 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:H12 Hotel Royal Ltd SGX:H12
80 GF Score
Price S$2.09
GF Value S$2.36
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Hotel Royal Asset Turnover?

Hotel Royal SGX:H12 80 Asset Turnover is 0.04 as of Dec. 2025. GuruFocus rates SGX:H12 with a GF Score™ of 80/100 and a GF Value™ of S$2.36 (Modestly Undervalued). The stock has 4 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. Hotel Royal's Revenue for the six months ended in Dec. 2025 was S$38.81 Mil. Hotel Royal's Total Assets for the quarter that ended in Dec. 2025 was S$913.00 Mil. Therefore, Hotel Royal's Asset Turnover for the quarter that ended in Dec. 2025 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Hotel Royal's annualized ROE % for the quarter that ended in Dec. 2025 was 2.00%. It is also linked to ROA % through Du Pont Formula. Hotel Royal's annualized ROA % for the quarter that ended in Dec. 2025 was 1.59%.


Hotel Royal  (SGX:H12) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=14.482/724.6345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.482 / 77.624)*(77.624 / 912.998)*(912.998/ 724.6345)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.66 %*0.085*1.2599
=ROA %*Equity Multiplier
=1.59 %*1.2599
=2.00 %

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:

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

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=14.482/912.998
=(Net Income / Revenue)*(Revenue / Total Assets)
=(14.482 / 77.624)*(77.624 / 912.998)
=Net Margin %*Asset Turnover
=18.66 %*0.085
=1.59 %

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.


Hotel Royal Asset Turnover Related Terms


Hotel Royal Asset Turnover Historical Data

* Premium members only.

The historical data trend for Hotel Royal'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.

Hotel Royal Asset Turnover Chart

Hotel Royal 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 0.03 0.05 0.07 0.08 0.08

Hotel Royal Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.04 0.04 0.04 0.04 0.04

SGX:H12 vs MAR, HLT, H: Asset Turnover Comparison

For the Lodging subindustry, Hotel Royal'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.


Hotel Royal Asset Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hotel Royal's Asset Turnover distribution charts can be found below:

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


SGX:H12
80GF Score
Hotel Royal Ltd SGX:H12
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hotel Royal Asset Turnover Calculation

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

Hotel Royal'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 )
=74.14/( (898.325+935.771)/ 2 )
=74.14/917.048
=0.08

Hotel Royal'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: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=38.812/( (890.225+935.771)/ 2 )
=38.812/912.998
=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?
Hotel Royal (SGX:H12) 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 Hotel Royal and its competitors.
Is Hotel Royal's Asset Turnover too high?
Hotel Royal's current Asset Turnover is 0.04. Overall, Hotel Royal has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hotel Royal's Asset Turnover compare to MAR and HLT?
Hotel Royal's Asset Turnover of 0.04 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure 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 Hotel Royal and its competitors. Hotel Royal'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 Hotel Royal stock overvalued right now?
Based on GuruFocus' analysis, Hotel Royal (SGX:H12) is currently considered Modestly Undervalued. The stock's GF Value™ is S$2.36, compared to a current price of S$2.09 — trading 11.4% below its estimated fair value. The current Asset Turnover is 0.04. Hotel Royal's overall GF Score™ is 80/100 with 4 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 Hotel Royal (SGX:H12), 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.

Is Hotel Royal (SGX:H12) Overvalued in 2026?

Based on GuruFocus' analysis, Hotel Royal stock appears to be undervalued. The current stock price of S$2.09 is trading 11.4% below its estimated GF Value™ of S$2.36. GuruFocus considers Hotel Royal to be Modestly Undervalued.

Key valuation signals for SGX:H12:

  • Asset Turnover: 0.04
  • GF Value™: S$2.36 vs. price of S$2.09 (11.4% below fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the SGX:H12 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hotel Royal Business Description

Address 36 Newton Road, Singapore, SGP, 307964
Hotel Royal Ltd is in the business of hotel, property, and financial investment. It owns and operates the hotels under the Hotel Royal brand name and also provides ancillary services such as food and beverage. The group has hotel operations, property Investment and Financial investments segments. It owns and leases investment properties in Singapore, Malaysia, and New Zealand. It also holds financial assets to generate income and potential capital appreciation. The company generates the majority of its revenues from the Hotel operations segment. It operates its business in Singapore, Malaysia, Thailand, and New Zealand. The company derives maximum revenue from Singapore.
80GF Score

Get the complete analysis for SGX:H12

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

S$2.09
Price
S$2.36
GF Value