Berger Paints Jamaica (XJAM:BRG) Asset Turnover: 1.44 (As of Dec. 2024)

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XJAM:BRG Berger Paints Jamaica Ltd XJAM:BRG
78 GF Score
Price JMD5.13
GF Value JMD8.71
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Berger Paints Jamaica Asset Turnover?

Berger Paints Jamaica XJAM:BRG -7.90% 78 Asset Turnover is 1.44 as of Dec. 2024. GuruFocus rates XJAM:BRG with a GF Score™ of 78/100 and a GF Value™ of JMD8.71 (Significantly Undervalued). 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. Berger Paints Jamaica's Revenue for the six months ended in Dec. 2024 was JMD3,493 Mil. Berger Paints Jamaica's Total Assets for the quarter that ended in Dec. 2024 was JMD2,421 Mil. Therefore, Berger Paints Jamaica's Asset Turnover for the quarter that ended in Dec. 2024 was 1.44.

Asset Turnover is linked to ROE % through Du Pont Formula. Berger Paints Jamaica's annualized ROE % for the quarter that ended in Dec. 2024 was 19.08%. It is also linked to ROA % through Du Pont Formula. Berger Paints Jamaica's annualized ROA % for the quarter that ended in Dec. 2024 was 8.73%.


Berger Paints Jamaica  (XJAM:BRG) Asset Turnover Explanation

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

Berger Paints Jamaica's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=211.368/1107.9865
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(211.368 / 6985.964)*(6985.964 / 2421.149)*(2421.149/ 1107.9865)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.03 %*2.8854*2.1852
=ROA %*Equity Multiplier
=8.73 %*2.1852
=19.08 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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:

Berger Paints Jamaica's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=211.368/2421.149
=(Net Income / Revenue)*(Revenue / Total Assets)
=(211.368 / 6985.964)*(6985.964 / 2421.149)
=Net Margin %*Asset Turnover
=3.03 %*2.8854
=8.73 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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.


Berger Paints Jamaica Asset Turnover Related Terms


Berger Paints Jamaica Asset Turnover Historical Data

* Premium members only.

The historical data trend for Berger Paints Jamaica'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.

Berger Paints Jamaica Asset Turnover Chart

Berger Paints Jamaica Annual Data
Trend Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.51 1.38 1.38 1.44

Berger Paints Jamaica Semi-Annual Data
Dec08 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.14 1.51 1.38 1.38 1.44

XJAM:BRG vs LIN, SHW, ECL: Asset Turnover Comparison

For the Specialty Chemicals subindustry, Berger Paints Jamaica'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.


Berger Paints Jamaica Asset Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Berger Paints Jamaica's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Berger Paints Jamaica's Asset Turnover falls into.


XJAM:BRG
78GF Score
Berger Paints Jamaica Ltd XJAM:BRG
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Berger Paints Jamaica Asset Turnover Calculation

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

Berger Paints Jamaica's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=3492.982/( (2394.352+2447.946)/ 2 )
=3492.982/2421.149
=1.44

Berger Paints Jamaica's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=3492.982/( (2394.352+2447.946)/ 2 )
=3492.982/2421.149
=1.44

* 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 1.44 mean?
Berger Paints Jamaica (XJAM:BRG) has a Asset Turnover of 1.44 as of Dec. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Berger Paints Jamaica and its competitors.
Is Berger Paints Jamaica's Asset Turnover too high?
Berger Paints Jamaica's current Asset Turnover is 1.44. Overall, Berger Paints Jamaica has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Berger Paints Jamaica's Asset Turnover compare to LIN and SHW?
Berger Paints Jamaica's Asset Turnover of 1.44 can be compared against companies in the Chemicals 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 Chemicals company?
A good Asset Turnover depends on the Chemicals 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 Berger Paints Jamaica and its competitors. Berger Paints Jamaica's current Asset Turnover is 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berger Paints Jamaica stock overvalued right now?
Based on GuruFocus' analysis, Berger Paints Jamaica (XJAM:BRG) is currently considered Significantly Undervalued. The stock's GF Value™ is JMD8.71, compared to a current price of JMD5.13 — trading 41.1% below its estimated fair value. The current Asset Turnover is 1.44. Berger Paints Jamaica's overall GF Score™ is 78/100 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 Berger Paints Jamaica (XJAM:BRG), the current Asset Turnover is 1.44 as of Dec. 2024. 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 Berger Paints Jamaica (XJAM:BRG) Overvalued in 2026?

Based on GuruFocus' analysis, Berger Paints Jamaica stock appears to be undervalued. The current stock price of JMD5.13 is trading 41.1% below its estimated GF Value™ of JMD8.71. GuruFocus considers Berger Paints Jamaica to be Significantly Undervalued.

Key valuation signals for XJAM:BRG:

  • Asset Turnover: 1.44
  • GF Value™: JMD8.71 vs. price of JMD5.13 (41.1% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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


Berger Paints Jamaica Business Description

Address 256 Spanish Town Road, Kingston, JAM, 11
Berger Paints Jamaica Ltd is engaged in the manufacture and distribution of industrial and decorative paints and paint-related processed materials. The Company produces a wide range of high-performing decorative, marine, and industrial paint products in Barbados and across the Eastern Caribbean. Its product range includes premium quality interior and exterior topcoats, primers, stains, varnishes, furniture finishes, road marking paints, enamels, as well as light and heavy duty industrial finishes. The Company has introduced products such as Berger Weatherproof Ultra, a super premium exterior emulsion, and Berger Royale, a super premium interior pure acrylic emulsion.
78GF Score

Get the complete analysis for XJAM:BRG

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

JMD5.13
Price
JMD8.71
GF Value