Topvision Eye Specialist Bhd (XKLS:0332) Asset Turnover: 0.13 (As of Mar. 2026)


XKLS:0332 Topvision Eye Specialist Bhd XKLS:0332
53 GF Score
Price RM0.17
GF Value RM0.68
Valuation Significantly Undervalued
! 8 Warning Signs
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What is Topvision Eye Specialist Bhd Asset Turnover?

Topvision Eye Specialist Bhd XKLS:0332 +3.03% 53 Asset Turnover is 0.13 as of Mar. 2026. GuruFocus rates XKLS:0332 with a GF Score™ of 53/100 and a GF Value™ of RM0.68 (Significantly Undervalued). 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. Topvision Eye Specialist Bhd's Revenue for the three months ended in Mar. 2026 was RM10.02 Mil. Topvision Eye Specialist Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM75.01 Mil. Therefore, Topvision Eye Specialist 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. Topvision Eye Specialist Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 0.77%. It is also linked to ROA % through Du Pont Formula. Topvision Eye Specialist Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 0.44%.


Topvision Eye Specialist Bhd  (XKLS:0332) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=0.328/42.804
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.328 / 40.088)*(40.088 / 75.012)*(75.012/ 42.804)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.82 %*0.5344*1.7525
=ROA %*Equity Multiplier
=0.44 %*1.7525
=0.77 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=0.328/75.012
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.328 / 40.088)*(40.088 / 75.012)
=Net Margin %*Asset Turnover
=0.82 %*0.5344
=0.44 %

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.


Topvision Eye Specialist Bhd Asset Turnover Related Terms


Topvision Eye Specialist Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Topvision Eye Specialist 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.

Topvision Eye Specialist Bhd Asset Turnover Chart

Topvision Eye Specialist Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.85 0.88 0.68 0.59

Topvision Eye Specialist Bhd Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 0.13 0.15 0.15 0.16 0.13

XKLS:0332 vs HCA, THC, DVA: Asset Turnover Comparison

For the Medical Care Facilities subindustry, Topvision Eye Specialist 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.


Topvision Eye Specialist Bhd Asset Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Topvision Eye Specialist Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Topvision Eye Specialist Bhd's Asset Turnover falls into.


XKLS:0332
53GF Score
Topvision Eye Specialist Bhd XKLS:0332
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Topvision Eye Specialist Bhd Asset Turnover Calculation

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

Topvision Eye Specialist 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 )
=45.811/( (78.88+75.39)/ 2 )
=45.811/77.135
=0.59

Topvision Eye Specialist 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 )
=10.022/( (75.39+74.634)/ 2 )
=10.022/75.012
=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?
Topvision Eye Specialist Bhd (XKLS:0332) 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 Topvision Eye Specialist Bhd and its competitors.
Is Topvision Eye Specialist Bhd's Asset Turnover too high?
Topvision Eye Specialist Bhd's current Asset Turnover is 0.13. Overall, Topvision Eye Specialist Bhd has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Topvision Eye Specialist Bhd's Asset Turnover compare to HCA and THC?
Topvision Eye Specialist Bhd's Asset Turnover of 0.13 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Asset Turnover depends on the Healthcare Providers & Services 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 Topvision Eye Specialist Bhd and its competitors. Topvision Eye Specialist 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 Topvision Eye Specialist Bhd stock overvalued right now?
Based on GuruFocus' analysis, Topvision Eye Specialist Bhd (XKLS:0332) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.68, compared to a current price of RM0.17 — trading 75% below its estimated fair value. The current Asset Turnover is 0.13. Topvision Eye Specialist Bhd's overall GF Score™ is 53/100 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 Topvision Eye Specialist Bhd (XKLS:0332), 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 Topvision Eye Specialist Bhd (XKLS:0332) Overvalued in 2026?

Based on GuruFocus' analysis, Topvision Eye Specialist Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 75% below its estimated GF Value™ of RM0.68. GuruFocus considers Topvision Eye Specialist Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0332:

  • Asset Turnover: 0.13
  • GF Value™: RM0.68 vs. price of RM0.17 (75% below fair value)
  • GF Score™: 53/100 with 8 warning signs

No single metric tells the full story. See the XKLS:0332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topvision Eye Specialist Bhd Business Description

Address Jalan Setia Prima (S) U13/S, Unit 11-2 & 11-3, No.2, Block 2, Setia Alam, Section U13, Shah Alam, SGR, MYS, 40170
Topvision Eye Specialist Bhd is principally involved in the provision of ophthalmology services and related medical consultancy services. The company is also engaged in the marketing of eye supplements and health food products. The company derives a majority of its revenue from its ophthalmology services business, providing treatments for general as well as complex eye diseases. Geographically, it operates in Malaysia.
53GF Score

Get the complete analysis for XKLS:0332

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

RM0.17
Price
RM0.68
GF Value