Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Wesdome Gold Mines's Revenue for the
three
months ended in Mar. 2026 was C$300 Mil. Wesdome Gold Mines's Total Assets for the quarter that ended in Mar. 2026 was C$1,195 Mil. Therefore, Wesdome Gold Mines's Asset Turnover for the quarter that ended in Mar. 2026 was 0.25.
Asset Turnover is linked to ROE % through Du Pont Formula. Wesdome Gold Mines's annualizedROE % for the quarter that ended in Mar. 2026 was 48.60%. It is also linked to ROA % through Du Pont Formula. Wesdome Gold Mines's annualizedROA % for the quarter that ended in Mar. 2026 was 39.81%.
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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:
Wesdome Gold Mines's annulizedROA % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
Wesdome Gold Mines Asset Turnover Related Terms
Wesdome Gold Mines Asset Turnover Historical Data
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The historical data trend for Wesdome Gold Mines'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 Gold subindustry, Wesdome Gold Mines'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.
Wesdome Gold Mines Asset Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Wesdome Gold Mines's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Wesdome Gold Mines'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.
Wesdome Gold Mines (TSX:WDO) has a Asset Turnover of 0.25 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Wesdome Gold Mines and its competitors.
Is Wesdome Gold Mines' Asset Turnover too high?
Wesdome Gold Mines' current Asset Turnover is 0.25. Overall, Wesdome Gold Mines has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wesdome Gold Mines' Asset Turnover compare to NEM and AU?
Wesdome Gold Mines' Asset Turnover of 0.25 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining 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 Wesdome Gold Mines and its competitors. Wesdome Gold Mines's current Asset Turnover is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesdome Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Wesdome Gold Mines (TSX:WDO) is currently considered Modestly Undervalued. The stock's GF Value™ is C$31.32, compared to a current price of C$24.25 — trading 22.6% below its estimated fair value. The current Asset Turnover is 0.25. Wesdome Gold Mines' overall GF Score™ is 100/100. 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 Wesdome Gold Mines (TSX:WDO), the current Asset Turnover is 0.25 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.
Is Wesdome Gold Mines (TSX:WDO) Overvalued in 2026?
Based on GuruFocus' analysis, Wesdome Gold Mines stock appears to be undervalued.
The current stock price of C$24.25 is trading 22.6% below its estimated GF Value™ of C$31.32.
GuruFocus considers Wesdome Gold Mines to be Modestly Undervalued.
Key valuation signals for TSX:WDO:
Asset Turnover: 0.25
GF Value™: C$31.32 vs. price of C$24.25 (22.6% below fair value)
No single metric tells the full story. See the TSX:WDO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex, and Mishi Open Pit gold mines. The activities of the group function through Canada and it derives revenue from the sale of gold and silver bullion. The company operates in one segment which is the gold mining and related activities industry including exploration, extraction, processing and decommissioning.
100GF Score
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