Cabnet Holdings Bhd (XKLS:0191) Asset Turnover: 0.17 (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0191 Cabnet Holdings Bhd XKLS:0191
49 GF Score
Price RM0.21
GF Value RM0.19
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Cabnet Holdings Bhd Asset Turnover?

Cabnet Holdings Bhd XKLS:0191 49 Asset Turnover is 0.17 as of Feb. 2026. GuruFocus rates XKLS:0191 with a GF Score™ of 49/100 and a GF Value™ of RM0.19 (Modestly Overvalued). The stock has 6 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. Cabnet Holdings Bhd's Revenue for the three months ended in Feb. 2026 was RM20.86 Mil. Cabnet Holdings Bhd's Total Assets for the quarter that ended in Feb. 2026 was RM121.57 Mil. Therefore, Cabnet Holdings Bhd's Asset Turnover for the quarter that ended in Feb. 2026 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Cabnet Holdings Bhd's annualized ROE % for the quarter that ended in Feb. 2026 was -165.12%. It is also linked to ROA % through Du Pont Formula. Cabnet Holdings Bhd's annualized ROA % for the quarter that ended in Feb. 2026 was -58.06%.


Cabnet Holdings Bhd  (XKLS:0191) Asset Turnover Explanation

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

Cabnet Holdings Bhd's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=-70.588/42.7495
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-70.588 / 83.424)*(83.424 / 121.5685)*(121.5685/ 42.7495)
=Net Margin %*Asset Turnover*Equity Multiplier
=-84.61 %*0.6862*2.8437
=ROA %*Equity Multiplier
=-58.06 %*2.8437
=-165.12 %

Note: The Net Income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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:

Cabnet Holdings Bhd's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=-70.588/121.5685
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-70.588 / 83.424)*(83.424 / 121.5685)
=Net Margin %*Asset Turnover
=-84.61 %*0.6862
=-58.06 %

Note: The Net Income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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.


Cabnet Holdings Bhd Asset Turnover Related Terms


Cabnet Holdings Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Cabnet Holdings 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.

Cabnet Holdings Bhd Asset Turnover Chart

Cabnet Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Feb24 Feb25 Feb26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.84 1.73 1.03 0.76

Cabnet Holdings Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.18 0.14 0.17 0.19 0.17

XKLS:0191 vs PWR, FIX, EME: Asset Turnover Comparison

For the Engineering & Construction subindustry, Cabnet Holdings 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.


Cabnet Holdings Bhd Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Cabnet Holdings Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:0191
49GF Score
Cabnet Holdings Bhd XKLS:0191
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cabnet Holdings Bhd Asset Turnover Calculation

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

Cabnet Holdings Bhd's Asset Turnover for the fiscal year that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2026 )/( (Total Assets (A: Feb. 2025 )+Total Assets (A: Feb. 2026 ))/ count )
=87.116/( (121.204+109.344)/ 2 )
=87.116/115.274
=0.76

Cabnet Holdings Bhd's Asset Turnover for the quarter that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Nov. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=20.856/( (133.793+109.344)/ 2 )
=20.856/121.5685
=0.17

* 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 0.17 mean?
Cabnet Holdings Bhd (XKLS:0191) has a Asset Turnover of 0.17 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Cabnet Holdings Bhd and its competitors.
Is Cabnet Holdings Bhd's Asset Turnover too high?
Cabnet Holdings Bhd's current Asset Turnover is 0.17. Overall, Cabnet Holdings Bhd has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cabnet Holdings Bhd's Asset Turnover compare to PWR and FIX?
Cabnet Holdings Bhd's Asset Turnover of 0.17 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Cabnet Holdings Bhd and its competitors. Cabnet Holdings Bhd's current Asset Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cabnet Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Cabnet Holdings Bhd (XKLS:0191) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.21 — trading 10.5% above its estimated fair value. The current Asset Turnover is 0.17. Cabnet Holdings Bhd's overall GF Score™ is 49/100 with 6 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 Cabnet Holdings Bhd (XKLS:0191), the current Asset Turnover is 0.17 as of Feb. 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 Cabnet Holdings Bhd (XKLS:0191) Overvalued in 2026?

Based on GuruFocus' analysis, Cabnet Holdings Bhd stock appears to be overvalued. The current stock price of RM0.21 is trading 10.5% above its estimated GF Value™ of RM0.19. GuruFocus considers Cabnet Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0191:

  • Asset Turnover: 0.17
  • GF Value™: RM0.19 vs. price of RM0.21 (10.5% above fair value)
  • GF Score™: 49/100 with 6 warning signs

No single metric tells the full story. See the XKLS:0191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cabnet Holdings Bhd Business Description

Address No. 18 (PLO 184) Jalan Angkasa Mas 6, Kawasan Perindustrian Tebrau II, Johor Bahru, MYS, 81100
Cabnet Holdings Bhd is a company principally involved in the provision of building management solutions. The company is engaged in the provision of mechanical works, electrical works, Structured Cabling works; ELV Systems, and Information Technology Services. Structured Cabling includes Network System Design and Installation; Cable Testing, Labelling, and Certification; Fiber Optics Installation and Termination and Professional Cable Installation and Termination. ELV Systems includes an Access Control System; CCTV System; Cabinet Integrated Security Solution; Intercom System; SMATV/MATV, and PA System. The IT Services include Server Virtualization; Data Centre Solutions; Enterprise Messaging solutions and others.
49GF Score

Get the complete analysis for XKLS:0191

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

RM0.21
Price
RM0.19
GF Value