HPP Holdings Bhd (XKLS:0228) Asset Turnover: 0.10 (As of Feb. 2026)


XKLS:0228 HPP Holdings Bhd XKLS:0228
54 GF Score
Price RM0.29
GF Value RM0.42
Valuation Possible Value Trap
! 3 Warning Signs
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What is HPP Holdings Bhd Asset Turnover?

HPP Holdings Bhd XKLS:0228 54 Asset Turnover is 0.10 as of Feb. 2026. GuruFocus rates XKLS:0228 with a GF Score™ of 54/100 and a GF Value™ of RM0.42 (Possible Value Trap). 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. HPP Holdings Bhd's Revenue for the three months ended in Feb. 2026 was RM15.60 Mil. HPP Holdings Bhd's Total Assets for the quarter that ended in Feb. 2026 was RM158.67 Mil. Therefore, HPP Holdings Bhd's Asset Turnover for the quarter that ended in Feb. 2026 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. HPP Holdings Bhd's annualized ROE % for the quarter that ended in Feb. 2026 was 1.55%. It is also linked to ROA % through Du Pont Formula. HPP Holdings Bhd's annualized ROA % for the quarter that ended in Feb. 2026 was 1.23%.


HPP Holdings Bhd  (XKLS:0228) Asset Turnover Explanation

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

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

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=1.948/125.2905
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.948 / 62.388)*(62.388 / 158.6665)*(158.6665/ 125.2905)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.12 %*0.3932*1.2664
=ROA %*Equity Multiplier
=1.23 %*1.2664
=1.55 %

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:

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

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=1.948/158.6665
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.948 / 62.388)*(62.388 / 158.6665)
=Net Margin %*Asset Turnover
=3.12 %*0.3932
=1.23 %

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.


HPP Holdings Bhd Asset Turnover Related Terms


HPP Holdings Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for HPP 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.

HPP Holdings Bhd Asset Turnover Chart

HPP Holdings Bhd Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Asset Turnover
Get a 7-Day Free Trial 0.74 0.57 0.55 0.45 0.40

HPP Holdings Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 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 0.10 0.11 0.11 0.11 0.10

XKLS:0228 vs SW, PKG, IP: Asset Turnover Comparison

For the Packaging & Containers subindustry, HPP 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.


HPP Holdings Bhd Asset Turnover vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, HPP Holdings Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:0228
54GF Score
HPP Holdings Bhd XKLS:0228
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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HPP Holdings Bhd Asset Turnover Calculation

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

HPP Holdings Bhd's Asset Turnover for the fiscal year that ended in May. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2025 )/( (Total Assets (A: May. 2024 )+Total Assets (A: May. 2025 ))/ count )
=64.098/( (158.825+158.654)/ 2 )
=64.098/158.7395
=0.40

HPP 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 )
=15.597/( (156.668+160.665)/ 2 )
=15.597/158.6665
=0.10

* 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 0.10 mean?
HPP Holdings Bhd (XKLS:0228) has a Asset Turnover of 0.10 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on HPP Holdings Bhd and its competitors.
Is HPP Holdings Bhd's Asset Turnover too high?
HPP Holdings Bhd's current Asset Turnover is 0.10. Overall, HPP Holdings Bhd has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HPP Holdings Bhd's Asset Turnover compare to SW and PKG?
HPP Holdings Bhd's Asset Turnover of 0.10 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Asset Turnover depends on the Packaging & Containers 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 HPP Holdings Bhd and its competitors. HPP Holdings Bhd's current Asset Turnover is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HPP Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, HPP Holdings Bhd (XKLS:0228) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.42, compared to a current price of RM0.29 — trading 32.1% below its estimated fair value. The current Asset Turnover is 0.10. HPP Holdings Bhd's overall GF Score™ is 54/100 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 HPP Holdings Bhd (XKLS:0228), the current Asset Turnover is 0.10 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 HPP Holdings Bhd (XKLS:0228) Overvalued in 2026?

Based on GuruFocus' analysis, HPP Holdings Bhd stock appears to be undervalued. The current stock price of RM0.29 is trading 32.1% below its estimated GF Value™ of RM0.42. GuruFocus considers HPP Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0228:

  • Asset Turnover: 0.10
  • GF Value™: RM0.42 vs. price of RM0.29 (32.1% below fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the XKLS:0228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HPP Holdings Bhd Business Description

Address No. 37, Jalan TTC 29, Taman Teknologi Cheng, Melaka, MLA, MYS, 75250
HPP Holdings Bhd is an investment holding company principally engaged in printing, production, sales, and marketing of paper-based packaging. Its product range includes corrugated and non-corrugated packaging, paper pulp molded packaging, rigid boxes, as well as brochures, leaflets, labels, and paper bags. The company operates in multiple countries, including Malaysia, Thailand, the United States, Singapore, and Taiwan. It serves markets such as consumer electronics, pharmaceuticals, food and beverage, and household products. HPP generates revenue prominently through the sale and provision of packaging solutions.
54GF Score

Get the complete analysis for XKLS:0228

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

RM0.29
Price
RM0.42
GF Value