Braille Energy Systems (TSXV:BES) Asset Turnover: 0.56 (As of Mar. 2026)

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What is Braille Energy Systems Asset Turnover?

Braille Energy Systems TSXV:BES Asset Turnover is 0.56 as of Mar. 2026. The stock has 6 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. Braille Energy Systems's Revenue for the three months ended in Mar. 2026 was C$0.76 Mil. Braille Energy Systems's Total Assets for the quarter that ended in Mar. 2026 was C$1.36 Mil. Therefore, Braille Energy Systems's Asset Turnover for the quarter that ended in Mar. 2026 was 0.56.

Asset Turnover is linked to ROE % through Du Pont Formula. Braille Energy Systems's annualized ROE % for the quarter that ended in Mar. 2026 was 59.24%. It is also linked to ROA % through Du Pont Formula. Braille Energy Systems's annualized ROA % for the quarter that ended in Mar. 2026 was -76.95%.


Braille Energy Systems  (TSXV:BES) Asset Turnover Explanation

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

Braille Energy Systems's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-1.048/-1.769
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.048 / 3.04)*(3.04 / 1.362)*(1.362/ -1.769)
=Net Margin %*Asset Turnover*Equity Multiplier
=-34.47 %*2.232*-0.7699
=ROA %*Equity Multiplier
=-76.95 %*-0.7699
=59.24 %

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:

Braille Energy Systems's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-1.048/1.362
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.048 / 3.04)*(3.04 / 1.362)
=Net Margin %*Asset Turnover
=-34.47 %*2.232
=-76.95 %

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.


Braille Energy Systems Asset Turnover Related Terms


Braille Energy Systems Asset Turnover Historical Data

* Premium members only.

The historical data trend for Braille Energy Systems'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.

Braille Energy Systems Asset Turnover Chart

Braille Energy Systems Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.73 0.89 1.28 1.82

Braille Energy Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.54 0.59 0.43 0.36 0.56

TSXV:BES vs VRT, BE, HUBB: Asset Turnover Comparison

For the Electrical Equipment & Parts subindustry, Braille Energy Systems'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.


Braille Energy Systems Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Braille Energy Systems's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Braille Energy Systems's Asset Turnover falls into.



Braille Energy Systems Asset Turnover Calculation

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

Braille Energy Systems's Asset Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=3.143/( (2.003+1.456)/ 2 )
=3.143/1.7295
=1.82

Braille Energy Systems'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: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=0.76/( (1.285+1.439)/ 2 )
=0.76/1.362
=0.56

* 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 0.56 mean?
Braille Energy Systems (TSXV:BES) has a Asset Turnover of 0.56 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Braille Energy Systems and its competitors.
Is Braille Energy Systems' Asset Turnover too high?
Braille Energy Systems' current Asset Turnover is 0.56.
How does Braille Energy Systems' Asset Turnover compare to VRT and BE?
Braille Energy Systems' Asset Turnover of 0.56 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Braille Energy Systems and its competitors. Braille Energy Systems's current Asset Turnover is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Braille Energy Systems stock overvalued right now?
Based on GuruFocus' analysis, Braille Energy Systems (TSXV:BES) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.04, compared to a current price of C$0.04 — trading 12.5% below its estimated fair value. The current Asset Turnover is 0.56. 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 Braille Energy Systems (TSXV:BES), the current Asset Turnover is 0.56 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.

Braille Energy Systems Business Description

Address 945 Princess Street, Box 117, Kingston, ON, CAN, K7L 0E9
Braille Energy Systems Inc is a battery manufacturing and energy storage company supplying batteries to the professional motorsports industry and the pioneer of a complete line of lightweight high powered battery systems for the transportation market. Geographically it serves Europe, the Middle East, Africa, Asia Pacific Australia and earns key revenue from the Americas.