Reclaims Global (SGX:NEX) Asset Turnover: 0.48 (As of Jan. 2026)


SGX:NEX Reclaims Global Ltd SGX:NEX
67 GF Score
Price S$0.20
GF Value S$0.14
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Reclaims Global Asset Turnover?

Reclaims Global SGX:NEX +0.51% 67 Asset Turnover is 0.48 as of Jan. 2026. GuruFocus rates SGX:NEX with a GF Score™ of 67/100 and a GF Value™ of S$0.14 (Significantly Overvalued). 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. Reclaims Global's Revenue for the six months ended in Jan. 2026 was S$24.76 Mil. Reclaims Global's Total Assets for the quarter that ended in Jan. 2026 was S$51.15 Mil. Therefore, Reclaims Global's Asset Turnover for the quarter that ended in Jan. 2026 was 0.48.

Asset Turnover is linked to ROE % through Du Pont Formula. Reclaims Global's annualized ROE % for the quarter that ended in Jan. 2026 was 21.01%. It is also linked to ROA % through Du Pont Formula. Reclaims Global's annualized ROA % for the quarter that ended in Jan. 2026 was 17.08%.

Reclaims Global  (SGX:NEX) Asset Turnover Explanation

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

Reclaims Global's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=8.738/41.5805
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.738 / 49.526)*(49.526 / 51.153)*(51.153/ 41.5805)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.64 %*0.9682*1.2302
=ROA %*Equity Multiplier
=17.08 %*1.2302
=21.01 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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:

Reclaims Global's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=8.738/51.153
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.738 / 49.526)*(49.526 / 51.153)
=Net Margin %*Asset Turnover
=17.64 %*0.9682
=17.08 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.

Reclaims Global Asset Turnover Related Terms

Reclaims Global Asset Turnover Historical Data

* Premium members only.

The historical data trend for Reclaims Global'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.

Reclaims Global Asset Turnover Chart

Reclaims Global Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.76 0.69 1.18 0.96

Reclaims Global Semi-Annual Data
Jan16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.39 0.52 0.64 0.51 0.48

SGX:NEX vs WM, RSG, WCN: Asset Turnover Comparison

For the Waste Management subindustry, Reclaims Global'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.

Reclaims Global Asset Turnover vs Waste Management Industry

For the Waste Management industry and Industrials sector, Reclaims Global's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Reclaims Global's Asset Turnover falls into.


SGX:NEX
67GF Score
Reclaims Global Ltd SGX:NEX
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reclaims Global Asset Turnover Calculation

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

Reclaims Global's Asset Turnover for the fiscal year that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2026 )/( (Total Assets (A: Jan. 2025 )+Total Assets (A: Jan. 2026 ))/ count )
=46.549/( (40.429+56.825)/ 2 )
=46.549/48.627
=0.96

Reclaims Global's Asset Turnover for the quarter that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Jul. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=24.763/( (45.481+56.825)/ 2 )
=24.763/51.153
=0.48

* 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 0.48 mean?
Reclaims Global (SGX:NEX) has a Asset Turnover of 0.48 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Reclaims Global and its competitors.
Is Reclaims Global's Asset Turnover too high?
Reclaims Global's current Asset Turnover is 0.48. Overall, Reclaims Global has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reclaims Global's Asset Turnover compare to WM and RSG?
Reclaims Global's Asset Turnover of 0.48 can be compared against companies in the Waste Management 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 Waste Management company?
A good Asset Turnover depends on the Waste Management 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 Reclaims Global and its competitors. Reclaims Global's current Asset Turnover is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reclaims Global stock overvalued right now?
Based on GuruFocus' analysis, Reclaims Global (SGX:NEX) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.14, compared to a current price of S$0.20 — trading 41.4% above its estimated fair value. The current Asset Turnover is 0.48. Reclaims Global's overall GF Score™ is 67/100 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 Reclaims Global (SGX:NEX), the current Asset Turnover is 0.48 as of Jan. 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.

Is Reclaims Global (SGX:NEX) Overvalued in 2026?

Based on GuruFocus' analysis, Reclaims Global stock appears to be overvalued. The current stock price of S$0.20 is trading 41.4% above its estimated GF Value™ of S$0.14. GuruFocus considers Reclaims Global to be Significantly Overvalued.

Key valuation signals for SGX:NEX:

  • Asset Turnover: 0.48
  • GF Value™: S$0.14 vs. price of S$0.20 (41.4% above fair value)
  • GF Score™: 67/100 with 4 warning signs

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

Reclaims Global Business Description

Address 10 Tuas South Street 7, Singapore, SGP, 637114
Reclaims Global Ltd is an integrated service provider in the construction industry. The group specializes in the recycling of construction & demolition waste, customisation of excavation solutions, & operating fleet management. Its operating business segments are: Recycling, Excavation services, & Logistics & leasing. The Excavation services segment performs land clearing, excavation, & removal of construction & demolition waste, consisting of demolition works, site clearance, reshaping, backfilling, compacting, & turfing. The recycling segment focuses on the reclaiming of natural & urban construction & demolition waste & is for sale as building materials to customers. The logistics & leasing segment provides transportation services and leasing of machinery & equipment.
67GF Score

Get the complete analysis for SGX:NEX

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

S$0.20
Price
S$0.14
GF Value