Telelink Business Services Group AD (XBUL:TBS) Asset Turnover: 0.17 (As of Mar. 2026)

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XBUL:TBS Telelink Business Services Group AD XBUL:TBS
79 GF Score
Price €6.30
GF Value €14.23
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Telelink Business Services Group AD Asset Turnover?

Telelink Business Services Group AD XBUL:TBS +1.61% 79 Asset Turnover is 0.17 as of Mar. 2026. GuruFocus rates XBUL:TBS with a GF Score™ of 79/100 and a GF Value™ of €14.23 (Significantly Undervalued). 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. Telelink Business Services Group AD's Revenue for the three months ended in Mar. 2026 was €12.6 Mil. Telelink Business Services Group AD's Total Assets for the quarter that ended in Mar. 2026 was €75.9 Mil. Therefore, Telelink Business Services Group AD's Asset Turnover for the quarter that ended in Mar. 2026 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Telelink Business Services Group AD's annualized ROE % for the quarter that ended in Mar. 2026 was 22.20%. It is also linked to ROA % through Du Pont Formula. Telelink Business Services Group AD's annualized ROA % for the quarter that ended in Mar. 2026 was 6.06%.


Telelink Business Services Group AD  (XBUL:TBS) Asset Turnover Explanation

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

Telelink Business Services Group AD's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4.596/20.705
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.596 / 50.392)*(50.392 / 75.8625)*(75.8625/ 20.705)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.12 %*0.6643*3.664
=ROA %*Equity Multiplier
=6.06 %*3.664
=22.20 %

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:

Telelink Business Services Group AD's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=4.596/75.8625
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.596 / 50.392)*(50.392 / 75.8625)
=Net Margin %*Asset Turnover
=9.12 %*0.6643
=6.06 %

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.


Telelink Business Services Group AD Asset Turnover Related Terms


Telelink Business Services Group AD Asset Turnover Historical Data

* Premium members only.

The historical data trend for Telelink Business Services Group AD'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.

Telelink Business Services Group AD Asset Turnover Chart

Telelink Business Services Group AD 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 2.42 2.09 1.72 1.42 1.45

Telelink Business Services Group AD 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 0.10 0.50 0.55 0.49 0.17

XBUL:TBS vs IBM, ACN, FISV: Asset Turnover Comparison

For the Information Technology Services subindustry, Telelink Business Services Group AD'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.


Telelink Business Services Group AD Asset Turnover vs Software Industry

For the Software industry and Technology sector, Telelink Business Services Group AD's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Telelink Business Services Group AD's Asset Turnover falls into.


XBUL:TBS
79GF Score
Telelink Business Services Group AD XBUL:TBS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Telelink Business Services Group AD Asset Turnover Calculation

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

Telelink Business Services Group AD'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 )
=143.201/( (89.263+108.954)/ 2 )
=143.201/99.1085
=1.44

Telelink Business Services Group AD'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 )
=12.598/( (108.954+42.771)/ 2 )
=12.598/75.8625
=0.17

* 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 0.17 mean?
Telelink Business Services Group AD (XBUL:TBS) has a Asset Turnover of 0.17 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Telelink Business Services Group AD and its competitors.
Is Telelink Business Services Group AD's Asset Turnover too high?
Telelink Business Services Group AD's current Asset Turnover is 0.17. Overall, Telelink Business Services Group AD has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Telelink Business Services Group AD's Asset Turnover compare to IBM and ACN?
Telelink Business Services Group AD's Asset Turnover of 0.17 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 Telelink Business Services Group AD and its competitors. Telelink Business Services Group AD's current Asset Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telelink Business Services Group AD stock overvalued right now?
Based on GuruFocus' analysis, Telelink Business Services Group AD (XBUL:TBS) is currently considered Significantly Undervalued. The stock's GF Value™ is €14.23, compared to a current price of €6.30 — trading 55.7% below its estimated fair value. The current Asset Turnover is 0.17. Telelink Business Services Group AD's overall GF Score™ is 79/100 with 6 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 Telelink Business Services Group AD (XBUL:TBS), the current Asset Turnover is 0.17 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 Telelink Business Services Group AD (XBUL:TBS) Overvalued in 2026?

Based on GuruFocus' analysis, Telelink Business Services Group AD stock appears to be undervalued. The current stock price of €6.30 is trading 55.7% below its estimated GF Value™ of €14.23. GuruFocus considers Telelink Business Services Group AD to be Significantly Undervalued.

Key valuation signals for XBUL:TBS:

  • Asset Turnover: 0.17
  • GF Value™: €14.23 vs. price of €6.30 (55.7% below fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the XBUL:TBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telelink Business Services Group AD Business Description

Address 2 Ushlinova Street, Garitage Park, Building 1, Floor 4, Malinova Dolina, Vitosha Region, Sofia, BGR, 1766
Telelink Business Services Group AD provides system integration, connectivity, information security, cloud, and data solutions in the three main market segments: mobile telecommunications service providers, fixed telecommunications service providers, and large and mid-sized public and private organizations. Geographically, the company operates in Bulgaria ,Other European countries and Counties outside Europe.
79GF Score

Get the complete analysis for XBUL:TBS

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.30
Price
€14.23
GF Value