Leform Bhd (XKLS:0266) Asset Turnover: 0.13 (As of Mar. 2026)


XKLS:0266 Leform Bhd XKLS:0266
41 GF Score
Price RM0.17
GF Value RM0.13
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Leform Bhd Asset Turnover?

Leform Bhd XKLS:0266 41 Asset Turnover is 0.13 as of Mar. 2026. GuruFocus rates XKLS:0266 with a GF Score™ of 41/100 and a GF Value™ of RM0.13 (Modestly Overvalued). 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. Leform Bhd's Revenue for the three months ended in Mar. 2026 was RM55.1 Mil. Leform Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM417.5 Mil. Therefore, Leform Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. Leform Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was -7.39%. It is also linked to ROA % through Du Pont Formula. Leform Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was -3.98%.


Leform Bhd  (XKLS:0266) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-16.616/224.9385
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-16.616 / 220.584)*(220.584 / 417.509)*(417.509/ 224.9385)
=Net Margin %*Asset Turnover*Equity Multiplier
=-7.53 %*0.5283*1.8561
=ROA %*Equity Multiplier
=-3.98 %*1.8561
=-7.39 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-16.616/417.509
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-16.616 / 220.584)*(220.584 / 417.509)
=Net Margin %*Asset Turnover
=-7.53 %*0.5283
=-3.98 %

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.


Leform Bhd Asset Turnover Related Terms


Leform Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Leform 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.

Leform Bhd Asset Turnover Chart

Leform Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 1.01 0.82 0.76 0.89 0.74

Leform Bhd Quarterly Data
Dec19 Dec20 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 0.18 0.18 0.19 0.17 0.13

XKLS:0266 vs NUE, STLD, RS: Asset Turnover Comparison

For the Steel subindustry, Leform 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.


Leform Bhd Asset Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Leform Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:0266
41GF Score
Leform Bhd XKLS:0266
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Leform Bhd Asset Turnover Calculation

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

Leform 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 )
=322.807/( (456.868+414.308)/ 2 )
=322.807/435.588
=0.74

Leform 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 )
=55.146/( (414.308+420.71)/ 2 )
=55.146/417.509
=0.13

* 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 0.13 mean?
Leform Bhd (XKLS:0266) has a Asset Turnover of 0.13 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Leform Bhd and its competitors.
Is Leform Bhd's Asset Turnover too high?
Leform Bhd's current Asset Turnover is 0.13. Overall, Leform Bhd has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leform Bhd's Asset Turnover compare to NUE and STLD?
Leform Bhd's Asset Turnover of 0.13 can be compared against companies in the Steel 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 Steel company?
A good Asset Turnover depends on the Steel 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 Leform Bhd and its competitors. Leform Bhd's current Asset Turnover is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leform Bhd stock overvalued right now?
Based on GuruFocus' analysis, Leform Bhd (XKLS:0266) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.13, compared to a current price of RM0.17 — trading 26.9% above its estimated fair value. The current Asset Turnover is 0.13. Leform Bhd's overall GF Score™ is 41/100 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 Leform Bhd (XKLS:0266), the current Asset Turnover is 0.13 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 Leform Bhd (XKLS:0266) Overvalued in 2026?

Based on GuruFocus' analysis, Leform Bhd stock appears to be overvalued. The current stock price of RM0.17 is trading 26.9% above its estimated GF Value™ of RM0.13. GuruFocus considers Leform Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0266:

  • Asset Turnover: 0.13
  • GF Value™: RM0.13 vs. price of RM0.17 (26.9% above fair value)
  • GF Score™: 41/100 with 5 warning signs

No single metric tells the full story. See the XKLS:0266 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leform Bhd Business Description

Address PT 16077 & PT16078, Jalan Kesidang 4, Kawasan Perindustrian Sungai Choh, Serendah, SGR, MYS, 48200
Leform Bhd is involved in the manufacturing of and trading in steel products. The company's product portfolio includes Round Steel Pipe, Cold Rolled Pipe, Hollow Section Pipes, Cold Drawn Pipe, and Steel Plate Slit Coil. The Group's products are used in various end-user industries, including furniture, construction, as well as industrial product manufacturing industries (which include automotive parts and telecommunication tower pole part manufacturing). The firm's operating segment includes Manufacturing, Trading, and Others. The firm generates the majority of its revenue from the Manufacturing segment.
41GF Score

Get the complete analysis for XKLS:0266

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

RM0.17
Price
RM0.13
GF Value