Plytec Holding Bhd (XKLS:0289) Asset Turnover: 0.16 (As of Mar. 2026)


XKLS:0289 Plytec Holding Bhd XKLS:0289
34 GF Score
Price RM0.19
GF Value RM0.27
Valuation Possible Value Trap
! 8 Warning Signs
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What is Plytec Holding Bhd Asset Turnover?

Plytec Holding Bhd XKLS:0289 -2.63% 34 Asset Turnover is 0.16 as of Mar. 2026. GuruFocus rates XKLS:0289 with a GF Score™ of 34/100 and a GF Value™ of RM0.27 (Possible Value Trap). The stock has 8 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. Plytec Holding Bhd's Revenue for the three months ended in Mar. 2026 was RM44.9 Mil. Plytec Holding Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM280.7 Mil. Therefore, Plytec Holding Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Plytec Holding Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 7.72%. It is also linked to ROA % through Du Pont Formula. Plytec Holding Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 3.62%.

Plytec Holding Bhd  (XKLS:0289) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=10.152/131.421
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.152 / 179.624)*(179.624 / 280.69)*(280.69/ 131.421)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.65 %*0.6399*2.1358
=ROA %*Equity Multiplier
=3.62 %*2.1358
=7.72 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=10.152/280.69
=(Net Income / Revenue)*(Revenue / Total Assets)
=(10.152 / 179.624)*(179.624 / 280.69)
=Net Margin %*Asset Turnover
=5.65 %*0.6399
=3.62 %

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.

Plytec Holding Bhd Asset Turnover Related Terms

Plytec Holding Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Plytec Holding 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.

Plytec Holding Bhd Asset Turnover Chart

Plytec Holding Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.70 0.93 0.80 0.77 0.67

Plytec Holding Bhd Quarterly Data
Dec20 Dec21 Dec22 May23 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 0.16 0.18 0.16 0.17 0.16

XKLS:0289 vs CRH, VMC, MLM: Asset Turnover Comparison

For the Building Materials subindustry, Plytec Holding 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.

Plytec Holding Bhd Asset Turnover vs Building Materials Industry

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

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


XKLS:0289
34GF Score
Plytec Holding Bhd XKLS:0289
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Plytec Holding Bhd Asset Turnover Calculation

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

Plytec Holding 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 )
=192.254/( (287.732+287.88)/ 2 )
=192.254/287.806
=0.67

Plytec Holding 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 )
=44.906/( (287.88+273.5)/ 2 )
=44.906/280.69
=0.16

* 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 0.16 mean?
Plytec Holding Bhd (XKLS:0289) has a Asset Turnover of 0.16 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Plytec Holding Bhd and its competitors.
Is Plytec Holding Bhd's Asset Turnover too high?
Plytec Holding Bhd's current Asset Turnover is 0.16. Overall, Plytec Holding Bhd has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Plytec Holding Bhd's Asset Turnover compare to CRH and VMC?
Plytec Holding Bhd's Asset Turnover of 0.16 can be compared against companies in the Building Materials 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 Building Materials company?
A good Asset Turnover depends on the Building Materials 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 Plytec Holding Bhd and its competitors. Plytec Holding Bhd's current Asset Turnover is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plytec Holding Bhd stock overvalued right now?
Based on GuruFocus' analysis, Plytec Holding Bhd (XKLS:0289) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.27, compared to a current price of RM0.19 — trading 31.5% below its estimated fair value. The current Asset Turnover is 0.16. Plytec Holding Bhd's overall GF Score™ is 34/100 with 8 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 Plytec Holding Bhd (XKLS:0289), the current Asset Turnover is 0.16 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 Plytec Holding Bhd (XKLS:0289) Overvalued in 2026?

Based on GuruFocus' analysis, Plytec Holding Bhd stock appears to be undervalued. The current stock price of RM0.19 is trading 31.5% below its estimated GF Value™ of RM0.27. GuruFocus considers Plytec Holding Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0289:

  • Asset Turnover: 0.16
  • GF Value™: RM0.27 vs. price of RM0.19 (31.5% below fair value)
  • GF Score™: 34/100 with 8 warning signs

No single metric tells the full story. See the XKLS:0289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Plytec Holding Bhd Business Description

Address No. 19, Jalan Meranti Permai 3, Jalan Puchong, Meranti Permai Industrial Park, Batu 15, Puchong, SGR, MYS, 47100
Plytec Holding Bhd is principally involved in the provision of construction engineering solutions and trading and distribution of core and general building materials for construction projects. Its construction engineering solutions and services include CME Solutions, DDE Solutions, and PC Solutions, which are aimed at increasing the efficiency and safety in construction activities via the adoption of industrialization practices. The company's reportable segments are Construction method engineering solutions, Manufacturing, trading and distribution of building materials, Digital design and engineering solutions, Prefabricated construction solutions and Polymer material compounding and product. The majority of revenue is generated from construction method engineering solutions.
34GF Score

Get the complete analysis for XKLS:0289

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

RM0.19
Price
RM0.27
GF Value