Fintech Select (TSXV:FTEC) Asset Turnover: 1.52 (As of Mar. 2026)


What is Fintech Select Asset Turnover?

Fintech Select TSXV:FTEC Asset Turnover is 1.52 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. Fintech Select's Revenue for the three months ended in Mar. 2026 was C$1.28 Mil. Fintech Select's Total Assets for the quarter that ended in Mar. 2026 was C$0.84 Mil. Therefore, Fintech Select's Asset Turnover for the quarter that ended in Mar. 2026 was 1.52.

Asset Turnover is linked to ROE % through Du Pont Formula. Fintech Select's annualized ROE % for the quarter that ended in Mar. 2026 was -356.12%. It is also linked to ROA % through Du Pont Formula. Fintech Select's annualized ROA % for the quarter that ended in Mar. 2026 was 165.70%.


Fintech Select  (TSXV:FTEC) Asset Turnover Explanation

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

Fintech Select's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.396/-0.392
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.396 / 5.132)*(5.132 / 0.8425)*(0.8425/ -0.392)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.2 %*6.0914*-2.1492
=ROA %*Equity Multiplier
=165.70 %*-2.1492
=-356.12 %

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:

Fintech Select's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1.396/0.8425
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.396 / 5.132)*(5.132 / 0.8425)
=Net Margin %*Asset Turnover
=27.2 %*6.0914
=165.70 %

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.


Fintech Select Asset Turnover Related Terms


Fintech Select Asset Turnover Historical Data

* Premium members only.

The historical data trend for Fintech Select'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.

Fintech Select Asset Turnover Chart

Fintech Select Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 3.03 7.36 5.09 3.09

Fintech Select 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 1.01 0.57 0.52 0.50 1.52

TSXV:FTEC vs MSFT, ORCL, PLTR: Asset Turnover Comparison

For the Software - Infrastructure subindustry, Fintech Select'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.


Fintech Select Asset Turnover vs Software Industry

For the Software industry and Technology sector, Fintech Select's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Fintech Select's Asset Turnover falls into.



Fintech Select Asset Turnover Calculation

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

Fintech Select's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=2.777/( (1.014+0.785)/ 2 )
=2.777/0.8995
=3.09

Fintech Select'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 )
=1.283/( (0.785+0.9)/ 2 )
=1.283/0.8425
=1.52

* 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 1.52 mean?
Fintech Select (TSXV:FTEC) has a Asset Turnover of 1.52 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Fintech Select and its competitors.
Is Fintech Select's Asset Turnover too high?
Fintech Select's current Asset Turnover is 1.52.
How does Fintech Select's Asset Turnover compare to MSFT and ORCL?
Fintech Select's Asset Turnover of 1.52 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Fintech Select and its competitors. Fintech Select's current Asset Turnover is 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fintech Select stock overvalued right now?
Based on GuruFocus' analysis, Fintech Select (TSXV:FTEC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.02, compared to a current price of C$0.04 — trading 75% above its estimated fair value. The current Asset Turnover is 1.52. 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 Fintech Select (TSXV:FTEC), the current Asset Turnover is 1.52 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.

Fintech Select Business Description

Other Exchanges SLXXF:USAZ1S1:Germany
Address 100 King Street W, Unit T201a, Chatham, ON, CAN, N7M 6A9
Fintech Select Ltd leads the way in financial payment services, offering cutting-edge solutions such as prepaid card programs, POS Cryptocurrency, and e-wallet and online payment solutions. The Company also operates a multi-lingual call center to third-party customers in Canada and the USA.