IFCA MSC Bhd (XKLS:0023) Asset Turnover: 0.12 (As of Mar. 2026)


XKLS:0023 IFCA MSC Bhd XKLS:0023
52 GF Score
Price RM0.20
GF Value RM0.33
Valuation Significantly Undervalued
! 4 Warning Signs
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What is IFCA MSC Bhd Asset Turnover?

IFCA MSC Bhd XKLS:0023 -2.44% 52 Asset Turnover is 0.12 as of Mar. 2026. GuruFocus rates XKLS:0023 with a GF Score™ of 52/100 and a GF Value™ of RM0.33 (Significantly Undervalued). The stock has 4 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. IFCA MSC Bhd's Revenue for the three months ended in Mar. 2026 was RM18.59 Mil. IFCA MSC Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM153.73 Mil. Therefore, IFCA MSC Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. IFCA MSC Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 0.14%. It is also linked to ROA % through Du Pont Formula. IFCA MSC Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 0.11%.

IFCA MSC Bhd  (XKLS:0023) Asset Turnover Explanation

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

IFCA MSC Bhd's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=0.164/121.444
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.164 / 74.364)*(74.364 / 153.725)*(153.725/ 121.444)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.22 %*0.4837*1.2658
=ROA %*Equity Multiplier
=0.11 %*1.2658
=0.14 %

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:

IFCA MSC Bhd's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=0.164/153.725
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.164 / 74.364)*(74.364 / 153.725)
=Net Margin %*Asset Turnover
=0.22 %*0.4837
=0.11 %

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.

IFCA MSC Bhd Asset Turnover Related Terms

IFCA MSC Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for IFCA MSC Bhd'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.

IFCA MSC Bhd Asset Turnover Chart

IFCA MSC Bhd 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 0.52 0.49 0.51 0.66 0.57

IFCA MSC Bhd 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 0.13 0.16 0.14 0.15 0.12

XKLS:0023 vs UBER, SHOP, CRM: Asset Turnover Comparison

For the Software - Application subindustry, IFCA MSC Bhd'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.

IFCA MSC Bhd Asset Turnover vs Software Industry

For the Software industry and Technology sector, IFCA MSC Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where IFCA MSC Bhd's Asset Turnover falls into.


XKLS:0023
52GF Score
IFCA MSC Bhd XKLS:0023
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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IFCA MSC Bhd Asset Turnover Calculation

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

IFCA MSC Bhd'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 )
=90.563/( (165.516+155.3)/ 2 )
=90.563/160.408
=0.56

IFCA MSC Bhd'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 )
=18.591/( (155.3+152.15)/ 2 )
=18.591/153.725
=0.12

* 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 0.12 mean?
IFCA MSC Bhd (XKLS:0023) has a Asset Turnover of 0.12 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on IFCA MSC Bhd and its competitors.
Is IFCA MSC Bhd's Asset Turnover too high?
IFCA MSC Bhd's current Asset Turnover is 0.12. Overall, IFCA MSC Bhd has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFCA MSC Bhd's Asset Turnover compare to UBER and SHOP?
IFCA MSC Bhd's Asset Turnover of 0.12 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 IFCA MSC Bhd and its competitors. IFCA MSC Bhd's current Asset Turnover is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFCA MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, IFCA MSC Bhd (XKLS:0023) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.33, compared to a current price of RM0.20 — trading 39.4% below its estimated fair value. The current Asset Turnover is 0.12. IFCA MSC Bhd's overall GF Score™ is 52/100 with 4 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 IFCA MSC Bhd (XKLS:0023), the current Asset Turnover is 0.12 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 IFCA MSC Bhd (XKLS:0023) Overvalued in 2026?

Based on GuruFocus' analysis, IFCA MSC Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 39.4% below its estimated GF Value™ of RM0.33. GuruFocus considers IFCA MSC Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0023:

  • Asset Turnover: 0.12
  • GF Value™: RM0.33 vs. price of RM0.20 (39.4% below fair value)
  • GF Score™: 52/100 with 4 warning signs

No single metric tells the full story. See the XKLS:0023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

IFCA MSC Bhd Business Description

Address Wisma IFCA, No 19, Jalan PJU 1/42A, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
IFCA MSC Bhd is engaged in the research and development of enterprise-wide business solutions. The company provides business software solutions for the property industry. These properties cover shopping malls, chain stores, residential, industrials, commercials, resorts, hotels, and recreational sports clubs. It operates through two geographical segments namely Malaysia and Foreign. The Malaysia segment includes turnkey e-business applications. Its Foreign business segment focuses on research and development center for all customized projects for overseas market.
52GF Score

Get the complete analysis for XKLS:0023

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

RM0.20
Price
RM0.33
GF Value