Access Bank Ghana (XGHA:ACCESS) Asset Turnover: 0.02 (As of Mar. 2026)


XGHA:ACCESS Access Bank Ghana PLC XGHA:ACCESS
47 GF Score
Price GHS31.90
GF Value GHS13.78
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Access Bank Ghana Asset Turnover?

Access Bank Ghana XGHA:ACCESS 47 Asset Turnover is 0.02 as of Mar. 2026. GuruFocus rates XGHA:ACCESS with a GF Score™ of 47/100 and a GF Value™ of GHS13.78 (Significantly Overvalued). 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. Access Bank Ghana's Revenue for the three months ended in Mar. 2026 was GHS354 Mil. Access Bank Ghana's Total Assets for the quarter that ended in Mar. 2026 was GHS19,390 Mil. Therefore, Access Bank Ghana's Asset Turnover for the quarter that ended in Mar. 2026 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Access Bank Ghana's annualized ROE % for the quarter that ended in Mar. 2026 was 21.69%. It is also linked to ROA % through Du Pont Formula. Access Bank Ghana's annualized ROA % for the quarter that ended in Mar. 2026 was 2.35%.


Access Bank Ghana  (XGHA:ACCESS) Asset Turnover Explanation

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

Access Bank Ghana's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=455.796/2101.407
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(455.796 / 1414.368)*(1414.368 / 19390.416)*(19390.416/ 2101.407)
=Net Margin %*Asset Turnover*Equity Multiplier
=32.23 %*0.0729*9.2273
=ROA %*Equity Multiplier
=2.35 %*9.2273
=21.69 %

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:

Access Bank Ghana's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=455.796/19390.416
=(Net Income / Revenue)*(Revenue / Total Assets)
=(455.796 / 1414.368)*(1414.368 / 19390.416)
=Net Margin %*Asset Turnover
=32.23 %*0.0729
=2.35 %

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.


Access Bank Ghana Asset Turnover Related Terms


Access Bank Ghana Asset Turnover Historical Data

* Premium members only.

The historical data trend for Access Bank Ghana'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.

Access Bank Ghana Asset Turnover Chart

Access Bank Ghana 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 0.12 -0.01 0.13 0.11 0.08

Access Bank Ghana 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 0.03 0.02 0.02 0.01 0.02

XGHA:ACCESS vs PNC: Asset Turnover Comparison

For the Banks - Regional subindustry, Access Bank Ghana'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.


Access Bank Ghana Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, Access Bank Ghana's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Access Bank Ghana's Asset Turnover falls into.


XGHA:ACCESS
47GF Score
Access Bank Ghana PLC XGHA:ACCESS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Access Bank Ghana Asset Turnover Calculation

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

Access Bank Ghana'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 )
=1501.456/( (16561.742+19022.897)/ 2 )
=1501.456/17792.3195
=0.08

Access Bank Ghana'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 )
=353.592/( (19022.897+19757.935)/ 2 )
=353.592/19390.416
=0.02

* 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 0.02 mean?
Access Bank Ghana (XGHA:ACCESS) has a Asset Turnover of 0.02 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Access Bank Ghana and its competitors.
Is Access Bank Ghana's Asset Turnover too high?
Access Bank Ghana's current Asset Turnover is 0.02. Overall, Access Bank Ghana has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Access Bank Ghana's Asset Turnover compare to PNC?
Access Bank Ghana's Asset Turnover of 0.02 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 Access Bank Ghana and its competitors. Access Bank Ghana's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Access Bank Ghana stock overvalued right now?
Based on GuruFocus' analysis, Access Bank Ghana (XGHA:ACCESS) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS13.78, compared to a current price of GHS31.90 — trading 131.5% above its estimated fair value. The current Asset Turnover is 0.02. Access Bank Ghana's overall GF Score™ is 47/100 with 3 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 Access Bank Ghana (XGHA:ACCESS), the current Asset Turnover is 0.02 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 Access Bank Ghana (XGHA:ACCESS) Overvalued in 2026?

Based on GuruFocus' analysis, Access Bank Ghana stock appears to be overvalued. The current stock price of GHS31.90 is trading 131.5% above its estimated GF Value™ of GHS13.78. GuruFocus considers Access Bank Ghana to be Significantly Overvalued.

Key valuation signals for XGHA:ACCESS:

  • Asset Turnover: 0.02
  • GF Value™: GHS13.78 vs. price of GHS31.90 (131.5% above fair value)
  • GF Score™: 47/100 with 3 warning signs

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


Access Bank Ghana Business Description

Address Starlets’ 91 Road, P. O. Box GP 353, Opposite Accra Sports Stadium, Osu, Accra, GHA
Access Bank Ghana PLC is a Ghana-based commercial bank. The bank provides universal banking services including Retail Banking, Commercial Banking, Business Banking, Personal Banking, and Exclusive Banking. It also provides support for financing landmark projects in the private and public sectors. It provides services to Corporate, Commercial, Retail customers, and Financial Institutions across Ghana. The company's segments include Institutional Banking, Commercial Banking, Personal, and Business Banking, and Treasury.
47GF Score

Get the complete analysis for XGHA:ACCESS

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

GHS31.90
Price
GHS13.78
GF Value