Amlex Holdings Bhd (XKLS:03011) Asset Turnover: 0.44 (As of Mar. 2026)


XKLS:03011 Amlex Holdings Bhd XKLS:03011
50 GF Score
Price RM0.15
GF Value RM0.34
Valuation Possible Value Trap
! 5 Warning Signs
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What is Amlex Holdings Bhd Asset Turnover?

Amlex Holdings Bhd XKLS:03011 50 Asset Turnover is 0.44 as of Mar. 2026. GuruFocus rates XKLS:03011 with a GF Score™ of 50/100 and a GF Value™ of RM0.34 (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. Amlex Holdings Bhd's Revenue for the six months ended in Mar. 2026 was RM32.53 Mil. Amlex Holdings Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM74.17 Mil. Therefore, Amlex Holdings Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.44.

Asset Turnover is linked to ROE % through Du Pont Formula. Amlex Holdings Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 4.84%. It is also linked to ROA % through Du Pont Formula. Amlex Holdings Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 3.31%.

Amlex Holdings Bhd  (XKLS:03011) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2.456/50.76
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.456 / 65.056)*(65.056 / 74.165)*(74.165/ 50.76)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.78 %*0.8772*1.4611
=ROA %*Equity Multiplier
=3.31 %*1.4611
=4.84 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2.456/74.165
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.456 / 65.056)*(65.056 / 74.165)
=Net Margin %*Asset Turnover
=3.78 %*0.8772
=3.31 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.

Amlex Holdings Bhd Asset Turnover Related Terms

Amlex Holdings Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Amlex 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.

Amlex Holdings Bhd Asset Turnover Chart

Amlex Holdings Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 0.86 0.73 0.85 0.83

Amlex Holdings Bhd Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.35 0.42 0.43 0.39 0.44

XKLS:03011 vs APH, GLW, TEL: Asset Turnover Comparison

For the Electronic Components subindustry, Amlex 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.

Amlex Holdings Bhd Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Amlex Holdings Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:03011
50GF Score
Amlex Holdings Bhd XKLS:03011
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Amlex Holdings Bhd Asset Turnover Calculation

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

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=61.302/( (72.606+74.42)/ 2 )
=61.302/73.513
=0.83

Amlex Holdings 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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=32.528/( (73.91+74.42)/ 2 )
=32.528/74.165
=0.44

* 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 0.44 mean?
Amlex Holdings Bhd (XKLS:03011) has a Asset Turnover of 0.44 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Amlex Holdings Bhd and its competitors.
Is Amlex Holdings Bhd's Asset Turnover too high?
Amlex Holdings Bhd's current Asset Turnover is 0.44. Overall, Amlex Holdings Bhd has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Amlex Holdings Bhd's Asset Turnover compare to APH and GLW?
Amlex Holdings Bhd's Asset Turnover of 0.44 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Amlex Holdings Bhd and its competitors. Amlex Holdings Bhd's current Asset Turnover is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amlex Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Amlex Holdings Bhd (XKLS:03011) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.34, compared to a current price of RM0.15 — trading 55.9% below its estimated fair value. The current Asset Turnover is 0.44. Amlex Holdings Bhd's overall GF Score™ is 50/100 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 Amlex Holdings Bhd (XKLS:03011), the current Asset Turnover is 0.44 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 Amlex Holdings Bhd (XKLS:03011) Overvalued in 2026?

Based on GuruFocus' analysis, Amlex Holdings Bhd stock appears to be undervalued. The current stock price of RM0.15 is trading 55.9% below its estimated GF Value™ of RM0.34. GuruFocus considers Amlex Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:03011:

  • Asset Turnover: 0.44
  • GF Value™: RM0.34 vs. price of RM0.15 (55.9% below fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the XKLS:03011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Amlex Holdings Bhd Business Description

Address No. 799, Lorong Perindustrian Bukit Minyak 7, Taman Perindustrian Bukit Minyak, Simpang Ampat, PNG, MYS, 14100
Amlex Holdings Bhd is a Malaysia based provider of electronic packaging and interconnects solutions. The company is mainly engaged in the development and manufacturing of precision and complex mechanical and electro-mechanical components and assemblies. It caters to the semiconductor, consumer electronics, automotive, lighting, industrial electronics, and medical industries.
50GF Score

Get the complete analysis for XKLS:03011

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

RM0.15
Price
RM0.34
GF Value