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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Masan Group's Revenue for the
three
months ended in Jun. 2026 was ₫28,117,678 Mil. Masan Group's Total Assets for the quarter that ended in Jun. 2026 was ₫136,837,698 Mil. Therefore, Masan Group's Asset Turnover for the quarter that ended in Jun. 2026 was 0.21.
Asset Turnover is linked to ROE % through Du Pont Formula. Masan Group's annualizedROE % for the quarter that ended in Jun. 2026 was 32.65%. It is also linked to ROA % through Du Pont Formula. Masan Group's annualizedROA % for the quarter that ended in Jun. 2026 was 9.14%.
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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:
Masan Group's annulizedROA % for the quarter that ended in Jun. 2026 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
Masan Group Asset Turnover Related Terms
Masan Group Asset Turnover Historical Data
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The historical data trend for Masan Group'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.
For the Conglomerates subindustry, Masan Group'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.
Masan Group Asset Turnover vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Masan Group's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Masan Group'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.
Masan Group (STC:MSN) has a Asset Turnover of 0.21 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Masan Group and its competitors.
Is Masan Group's Asset Turnover too high?
Masan Group's current Asset Turnover is 0.21. Overall, Masan Group has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Masan Group's Asset Turnover compare to MMM and HON?
Masan Group's Asset Turnover of 0.21 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Asset Turnover depends on the Conglomerates 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 Masan Group and its competitors. Masan Group's current Asset Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Masan Group stock overvalued right now?
Based on GuruFocus' analysis, Masan Group (STC:MSN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫86,628.64, compared to a current price of ₫67,900.00 — trading 21.6% below its estimated fair value. The current Asset Turnover is 0.21. Masan Group's overall GF Score™ is 86/100 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 Masan Group (STC:MSN), the current Asset Turnover is 0.21 as of Jun. 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 Masan Group (STC:MSN) Overvalued in 2026?
Based on GuruFocus' analysis, Masan Group stock appears to be undervalued.
The current stock price of ₫67,900.00 is trading 21.6% below its estimated GF Value™ of ₫86,628.64.
GuruFocus considers Masan Group to be Modestly Undervalued.
Key valuation signals for STC:MSN:
Asset Turnover: 0.21
GF Value™: ₫86,628.64 vs. price of ₫67,900.00 (21.6% below fair value)
No single metric tells the full story. See the STC:MSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Masan Group Corp is an investment holding company based in Vietnam. Along with its subsidiaries, it is mainly engaged in manufacturing, retailing, and distributing food and beverage products in Vietnam. Additionally, it is also involved in financial services, high-tech materials, consumer retail, and other businesses. The Group has five reportable segments: Branded consumer product, MEATLife: integrated meat products, Consumer retail, High-tech materials, and Others. Maximum revenue is generated from the Consumer retail segment. Geographically, the Group generates maximum revenue from its domestic market, and also has some overseas presence.
86GF Score
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