Asset Turnover is linked to ROE % through Du Pont Formula. Global Brands Manufacture's annualizedROE % for the quarter that ended in Dec. 2025 was 12.22%. It is also linked to ROA % through Du Pont Formula. Global Brands Manufacture's annualizedROA % for the quarter that ended in Dec. 2025 was 5.17%.
Global Brands Manufacture (TPE:6191) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Global Brands Manufacture's annulizedROE % for the quarter that ended in Dec. 2025 is
Note:
The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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:
Global Brands Manufacture's annulizedROA % for the quarter that ended in Dec. 2025 is
Note:
The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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.
Global Brands Manufacture Asset Turnover Related Terms
Global Brands Manufacture Asset Turnover Historical 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.
For the Electronic Components subindustry, Global Brands Manufacture'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.
Global Brands Manufacture Asset Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Global Brands Manufacture's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Global Brands Manufacture'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.
Global Brands Manufacture (TPE:6191) has a Asset Turnover of 0.16 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Global Brands Manufacture and its competitors.
Is Global Brands Manufacture's Asset Turnover too high?
Global Brands Manufacture's current Asset Turnover is 0.16. Overall, Global Brands Manufacture has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Brands Manufacture's Asset Turnover compare to APH and GLW?
Global Brands Manufacture's Asset Turnover of 0.16 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Global Brands Manufacture and its competitors. Global Brands Manufacture's current Asset Turnover is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Brands Manufacture stock overvalued right now?
Based on GuruFocus' analysis, Global Brands Manufacture (TPE:6191) is currently considered Fairly Valued. The stock's GF Value™ is NT$97.49, compared to a current price of NT$106.50 — trading 9.2% above its estimated fair value. The current Asset Turnover is 0.16. Global Brands Manufacture'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 Global Brands Manufacture (TPE:6191), the current Asset Turnover is 0.16 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 Global Brands Manufacture (TPE:6191) Overvalued in 2026?
Based on GuruFocus' analysis, Global Brands Manufacture stock appears to be overvalued.
The current stock price of NT$106.50 is trading 9.2% above its estimated GF Value™ of NT$97.49.
GuruFocus considers Global Brands Manufacture to be Fairly Valued.
Key valuation signals for TPE:6191:
Asset Turnover: 0.16
GF Value™: NT$97.49 vs. price of NT$106.50 (9.2% above fair value)
No single metric tells the full story. See the TPE:6191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Brands Manufacture Ltd is mainly engaged in the manufacturer specializing in Printed Circuit Boards (PCB) and Electronic Manufacturing Services (EMS). The company serves a diverse range of markets, including information, communication, automobile, and consumer electronics. Its geographical segments are Asia, America, and Europe, of which the majority of its revenue comes from Asia.
86GF Score
Get the complete analysis for TPE:6191
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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