JAG Bhd (XKLS:0024) Asset Turnover: 0.18 (As of Mar. 2026)


XKLS:0024 JAG Bhd XKLS:0024
39 GF Score
Price RM0.36
GF Value RM0.23
Valuation Significantly Overvalued
! 9 Warning Signs
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What is JAG Bhd Asset Turnover?

JAG Bhd XKLS:0024 39 Asset Turnover is 0.18 as of Mar. 2026. GuruFocus rates XKLS:0024 with a GF Score™ of 39/100 and a GF Value™ of RM0.23 (Significantly Overvalued). The stock has 9 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. JAG Bhd's Revenue for the three months ended in Mar. 2026 was RM64.6 Mil. JAG Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM355.7 Mil. Therefore, JAG Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. JAG Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 10.50%. It is also linked to ROA % through Du Pont Formula. JAG Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 6.04%.


JAG Bhd  (XKLS:0024) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=21.492/204.709
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(21.492 / 258.316)*(258.316 / 355.6605)*(355.6605/ 204.709)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.32 %*0.7263*1.7374
=ROA %*Equity Multiplier
=6.04 %*1.7374
=10.50 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=21.492/355.6605
=(Net Income / Revenue)*(Revenue / Total Assets)
=(21.492 / 258.316)*(258.316 / 355.6605)
=Net Margin %*Asset Turnover
=8.32 %*0.7263
=6.04 %

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.


JAG Bhd Asset Turnover Related Terms


JAG Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for JAG 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.

JAG Bhd Asset Turnover Chart

JAG 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 0.90 0.96 0.72 0.75 0.72

JAG 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 0.15 0.20 0.19 0.21 0.18

XKLS:0024 vs WM, RSG, WCN: Asset Turnover Comparison

For the Waste Management subindustry, JAG 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.


JAG Bhd Asset Turnover vs Waste Management Industry

For the Waste Management industry and Industrials sector, JAG Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:0024
39GF Score
JAG Bhd XKLS:0024
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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JAG Bhd Asset Turnover Calculation

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

JAG 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 )
=234.139/( (309.085+340.175)/ 2 )
=234.139/324.63
=0.72

JAG 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 )
=64.579/( (340.175+371.146)/ 2 )
=64.579/355.6605
=0.18

* 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 0.18 mean?
JAG Bhd (XKLS:0024) has a Asset Turnover of 0.18 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on JAG Bhd and its competitors.
Is JAG Bhd's Asset Turnover too high?
JAG Bhd's current Asset Turnover is 0.18. Overall, JAG Bhd has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JAG Bhd's Asset Turnover compare to WM and RSG?
JAG Bhd's Asset Turnover of 0.18 can be compared against companies in the Waste Management 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 Waste Management company?
A good Asset Turnover depends on the Waste Management 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 JAG Bhd and its competitors. JAG Bhd's current Asset Turnover is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JAG Bhd stock overvalued right now?
Based on GuruFocus' analysis, JAG Bhd (XKLS:0024) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.23, compared to a current price of RM0.36 — trading 56.5% above its estimated fair value. The current Asset Turnover is 0.18. JAG Bhd's overall GF Score™ is 39/100 with 9 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 JAG Bhd (XKLS:0024), the current Asset Turnover is 0.18 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 JAG Bhd (XKLS:0024) Overvalued in 2026?

Based on GuruFocus' analysis, JAG Bhd stock appears to be overvalued. The current stock price of RM0.36 is trading 56.5% above its estimated GF Value™ of RM0.23. GuruFocus considers JAG Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0024:

  • Asset Turnover: 0.18
  • GF Value™: RM0.23 vs. price of RM0.36 (56.5% above fair value)
  • GF Score™: 39/100 with 9 warning signs

No single metric tells the full story. See the XKLS:0024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JAG Bhd Business Description

Address 72A, Jalan Universiti, D65-3A, Block D, Jaya One, Petaling Jaya, SGR, MYS, 46200
JAG Bhd is an investment holding company with five reportable segments: Manufacturing, Trading, Lifestyle and Services; Investment and Property Development. The Manufacturing Segment that derives the majority of revenue involves recycling and manufacturing activities of extraction, production, and refinery of ferrous, non-ferrous, and precious metals via industrial and electronic waste. Trading includes the trading of ferrous and non-ferrous metals. Lifestyle and Services include operating a coin-operated laundry business. Property development includes buying, selling, and renting self-owned or leased real estate land, property development, and project management. It has operations in Malaysia, China, Japan, and Others.
39GF Score

Get the complete analysis for XKLS:0024

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

RM0.36
Price
RM0.23
GF Value