Amcorp Global (SGX:S9B) Asset Turnover: 0.04 (As of Mar. 2026)

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What is Amcorp Global Asset Turnover?

Amcorp Global SGX:S9B Asset Turnover is 0.04 as of Mar. 2026. The stock has 3 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. Amcorp Global's Revenue for the six months ended in Mar. 2026 was S$3.49 Mil. Amcorp Global's Total Assets for the quarter that ended in Mar. 2026 was S$99.15 Mil. Therefore, Amcorp Global's Asset Turnover for the quarter that ended in Mar. 2026 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Amcorp Global's annualized ROE % for the quarter that ended in Mar. 2026 was -0.31%. It is also linked to ROA % through Du Pont Formula. Amcorp Global's annualized ROA % for the quarter that ended in Mar. 2026 was -0.21%.


Amcorp Global  (SGX:S9B) Asset Turnover Explanation

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

Amcorp Global's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-0.208/67.4375
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.208 / 6.976)*(6.976 / 99.1485)*(99.1485/ 67.4375)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.98 %*0.0704*1.4702
=ROA %*Equity Multiplier
=-0.21 %*1.4702
=-0.31 %

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

Amcorp Global's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-0.208/99.1485
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.208 / 6.976)*(6.976 / 99.1485)
=Net Margin %*Asset Turnover
=-2.98 %*0.0704
=-0.21 %

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


Amcorp Global Asset Turnover Related Terms


Amcorp Global Asset Turnover Historical Data

* Premium members only.

The historical data trend for Amcorp 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.

Amcorp Global Asset Turnover Chart

Amcorp Global Annual Data
Trend May16 May17 May18 May19 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.38 0.45 0.04 0.06

Amcorp Global Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.31 0.02 0.02 0.03 0.04

Amcorp Global Asset Turnover Competitor Comparison

For the Real Estate - Development subindustry, Amcorp 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.


Amcorp Global Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Amcorp Global's Asset Turnover distribution charts can be found below:

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



Amcorp Global Asset Turnover Calculation

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

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=6.439/( (99.984+100.074)/ 2 )
=6.439/100.029
=0.06

Amcorp Global'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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=3.488/( (98.223+100.074)/ 2 )
=3.488/99.1485
=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?
Amcorp Global (SGX:S9B) has a Asset Turnover of 0.04 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Amcorp Global and its competitors.
Is Amcorp Global's Asset Turnover too high?
Amcorp Global's current Asset Turnover is 0.04.
How does Amcorp Global's Asset Turnover compare to competitors?
Amcorp Global's Asset Turnover of 0.04 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Amcorp Global and its competitors. Amcorp Global'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 Amcorp Global stock overvalued right now?
Based on GuruFocus' analysis, Amcorp Global (SGX:S9B) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.01, compared to a current price of S$0.10 — trading 850% above its estimated fair value. The current Asset Turnover is 0.04. 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 Amcorp Global (SGX:S9B), the current Asset Turnover is 0.04 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.

Amcorp Global Business Description

Address 11 Sam Leong Road, No 03-06, TRIO, Singapore, SGP, 207903
Amcorp Global Ltd is a real estate development company. The company is engaged in the business of engineering, real estate, and infrastructure. It owns residential, commercial, and industrial projects in Singapore. The group is organized into business units based on its products and services and operates in a single-segment Property development. The property division segment involves the development and sale of development properties. Its geographical segments include Singapore, Vietnam, and Malaysia, out of which the majority of its revenue comes from Malaysia.