Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Steel Hawk Bhd's Revenue for the
three
months ended in Mar. 2026 was RM20.72 Mil. Steel Hawk Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM155.78 Mil. Therefore, Steel Hawk 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. Steel Hawk Bhd's annualizedROE % for the quarter that ended in Mar. 2026 was 13.33%. It is also linked to ROA % through Du Pont Formula. Steel Hawk Bhd's annualizedROA % for the quarter that ended in Mar. 2026 was 5.19%.
Steel Hawk Bhd (XKLS:0320) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Steel Hawk Bhd's annulizedROE % for the quarter that ended in Mar. 2026 is
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:
Steel Hawk Bhd's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Steel Hawk Bhd Asset Turnover Related Terms
Steel Hawk Bhd Asset Turnover Historical Data
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The historical data trend for Steel Hawk 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.
XKLS:0320 vs SLB, BKR, HAL: Asset Turnover Comparison
For the Oil & Gas Equipment & Services subindustry, Steel Hawk 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.
Steel Hawk Bhd Asset Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Steel Hawk Bhd's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Steel Hawk Bhd's Asset Turnover falls into.
* 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.
Steel Hawk Bhd (XKLS:0320) 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 Steel Hawk Bhd and its competitors.
Is Steel Hawk Bhd's Asset Turnover too high?
Steel Hawk Bhd's current Asset Turnover is 0.13. Overall, Steel Hawk Bhd has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steel Hawk Bhd's Asset Turnover compare to SLB and BKR?
Steel Hawk Bhd's Asset Turnover of 0.13 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas 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 Steel Hawk Bhd and its competitors. Steel Hawk 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 Steel Hawk Bhd stock overvalued right now?
Based on GuruFocus' analysis, Steel Hawk Bhd (XKLS:0320) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.22, compared to a current price of RM0.19 — trading 15.9% below its estimated fair value. The current Asset Turnover is 0.13. Steel Hawk Bhd's overall GF Score™ is 65/100 with 9 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 Steel Hawk Bhd (XKLS:0320), 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 Steel Hawk Bhd (XKLS:0320) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Hawk Bhd stock appears to be undervalued.
The current stock price of RM0.19 is trading 15.9% below its estimated GF Value™ of RM0.22.
GuruFocus considers Steel Hawk Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:0320:
Asset Turnover: 0.13
GF Value™: RM0.22 vs. price of RM0.19 (15.9% below fair value)
No single metric tells the full story. See the XKLS:0320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Hawk Bhd is engaged in investment holding company. It operates as an integrated engineering and industrial solutions provider supporting the energy, infrastructure, and utilities sectors. It is principally involved in the provision of EPCC services, as well as onshore and offshore support services for the O&G industry. The group's segments are EPCC services and facilities improvement/maintenance, I&M of oilfield equipment, and Supply of oilfield equipment. It generates maximum revenue from EPCC services and facilities improvement/maintenance that includes the provision of EPCC services for chemical injection skids installed at onshore or offshore exploration and production facilities, and other services. Geographically, it derives key revenue from its customers within Malaysia.
65GF Score
Get the complete analysis for XKLS:0320
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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