GFM Services Bhd (XKLS:0039) Asset Turnover: 0.12 (As of Mar. 2026)


XKLS:0039 GFM Services Bhd XKLS:0039
43 GF Score
Price RM0.16
GF Value RM0.29
Valuation Possible Value Trap
! 5 Warning Signs
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What is GFM Services Bhd Asset Turnover?

GFM Services Bhd XKLS:0039 43 Asset Turnover is 0.12 as of Mar. 2026. GuruFocus rates XKLS:0039 with a GF Score™ of 43/100 and a GF Value™ of RM0.29 (Possible Value Trap). The stock has 5 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. GFM Services Bhd's Revenue for the three months ended in Mar. 2026 was RM82.7 Mil. GFM Services Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM689.8 Mil. Therefore, GFM Services 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. GFM Services Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 10.75%. It is also linked to ROA % through Du Pont Formula. GFM Services Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 3.53%.

GFM Services Bhd  (XKLS:0039) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=24.316/226.1845
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(24.316 / 330.688)*(330.688 / 689.81)*(689.81/ 226.1845)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.35 %*0.4794*3.0498
=ROA %*Equity Multiplier
=3.53 %*3.0498
=10.75 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=24.316/689.81
=(Net Income / Revenue)*(Revenue / Total Assets)
=(24.316 / 330.688)*(330.688 / 689.81)
=Net Margin %*Asset Turnover
=7.35 %*0.4794
=3.53 %

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.

GFM Services Bhd Asset Turnover Related Terms

GFM Services Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for GFM Services 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.

GFM Services Bhd Asset Turnover Chart

GFM Services 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 0.24 0.27 0.27 0.33 0.32

GFM Services 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 0.07 0.08 0.07 0.09 0.12

XKLS:0039 vs CTAS, CPRT, ULS: Asset Turnover Comparison

For the Specialty Business Services subindustry, GFM Services 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.

GFM Services Bhd Asset Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, GFM Services Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:0039
43GF Score
GFM Services Bhd XKLS:0039
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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GFM Services Bhd Asset Turnover Calculation

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

GFM Services 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 )
=208.368/( (621.166+689.179)/ 2 )
=208.368/655.1725
=0.32

GFM Services 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 )
=82.672/( (689.179+690.441)/ 2 )
=82.672/689.81
=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?
GFM Services Bhd (XKLS:0039) 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 GFM Services Bhd and its competitors.
Is GFM Services Bhd's Asset Turnover too high?
GFM Services Bhd's current Asset Turnover is 0.12. Overall, GFM Services Bhd has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GFM Services Bhd's Asset Turnover compare to CTAS and CPRT?
GFM Services Bhd's Asset Turnover of 0.12 can be compared against companies in the Business Services 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 Business Services company?
A good Asset Turnover depends on the Business Services 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 GFM Services Bhd and its competitors. GFM Services 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 GFM Services Bhd stock overvalued right now?
Based on GuruFocus' analysis, GFM Services Bhd (XKLS:0039) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.29, compared to a current price of RM0.16 — trading 44.8% below its estimated fair value. The current Asset Turnover is 0.12. GFM Services Bhd's overall GF Score™ is 43/100 with 5 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 GFM Services Bhd (XKLS:0039), 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 GFM Services Bhd (XKLS:0039) Overvalued in 2026?

Based on GuruFocus' analysis, GFM Services Bhd stock appears to be undervalued. The current stock price of RM0.16 is trading 44.8% below its estimated GF Value™ of RM0.29. GuruFocus considers GFM Services Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0039:

  • Asset Turnover: 0.12
  • GF Value™: RM0.29 vs. price of RM0.16 (44.8% below fair value)
  • GF Score™: 43/100 with 5 warning signs

No single metric tells the full story. See the XKLS:0039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

GFM Services Bhd Business Description

Address A-3A-1 Melawati Corporate Centre, Jalan Bandar Melawati, Taman Melawati, Kuala Lumpur, MYS, 53100
GFM Services Bhd is a preferred Facilities Management (FM) solutions provider. The company provides integrated facilities management (IFM) services across a diverse portfolio of asset classes. Its segments include Facilities management engaged in provision of facilities operations, maintenance and management and engineering services, consultancy and advisory; Concession arrangements engaged in construction and maintenance of facilities and infrastructure; Oil and gas services engaged in trading of chemical and oil products and providing engineering services; and Others including investment holding, fund raising, rendering group management and administrative services. It derives revenue from Facilities management segment.
43GF Score

Get the complete analysis for XKLS:0039

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

RM0.16
Price
RM0.29
GF Value