Ambest Group Bhd (XKLS:0391) Asset Turnover: 0.21 (As of Mar. 2026)


XKLS:0391 Ambest Group Bhd XKLS:0391
12 GF Score
Price RM0.88
! 5 Warning Signs
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What is Ambest Group Bhd Asset Turnover?

Ambest Group Bhd XKLS:0391 12 Asset Turnover is 0.21 as of Mar. 2026. GuruFocus rates XKLS:0391 with a GF Score™ of 12/100. 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. Ambest Group Bhd's Revenue for the three months ended in Mar. 2026 was RM20.37 Mil. Ambest Group Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM95.62 Mil. Therefore, Ambest Group Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Ambest Group Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 2.54%. It is also linked to ROA % through Du Pont Formula. Ambest Group Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 1.59%.

Ambest Group Bhd  (XKLS:0391) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.524/59.987
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.524 / 81.468)*(81.468 / 95.615)*(95.615/ 59.987)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.87 %*0.852*1.5939
=ROA %*Equity Multiplier
=1.59 %*1.5939
=2.54 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1.524/95.615
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.524 / 81.468)*(81.468 / 95.615)
=Net Margin %*Asset Turnover
=1.87 %*0.852
=1.59 %

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.

Ambest Group Bhd Asset Turnover Related Terms

Ambest Group Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Ambest Group 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.

Ambest Group Bhd Asset Turnover Chart

Ambest Group Bhd Annual Data
Trend Dec22 Dec23 Dec24
Asset Turnover
1.68 1.18 0.76

Ambest Group Bhd Quarterly Data
Dec22 Dec23 Dec24 Sep25 Mar26
Asset Turnover 0.00 0.00 0.28 0.00 0.21

XKLS:0391 vs CRS, ATI, MLI: Asset Turnover Comparison

For the Metal Fabrication subindustry, Ambest Group 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.

Ambest Group Bhd Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ambest Group Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:0391
12GF Score
Ambest Group Bhd XKLS:0391
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ambest Group Bhd Asset Turnover Calculation

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

Ambest Group Bhd's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=47.26/( (42.014+82.159)/ 2 )
=47.26/62.0865
=0.76

Ambest Group 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 )
=20.367/( (88.895+102.335)/ 2 )
=20.367/95.615
=0.21

* 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 0.21 mean?
Ambest Group Bhd (XKLS:0391) has a Asset Turnover of 0.21 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ambest Group Bhd and its competitors.
Is Ambest Group Bhd's Asset Turnover too high?
Ambest Group Bhd's current Asset Turnover is 0.21. Overall, Ambest Group Bhd has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ambest Group Bhd's Asset Turnover compare to CRS and ATI?
Ambest Group Bhd's Asset Turnover of 0.21 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Ambest Group Bhd and its competitors. Ambest Group Bhd's current Asset Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ambest Group Bhd stock overvalued right now?
Ambest Group Bhd (XKLS:0391) has a current Asset Turnover of 0.21. The current Asset Turnover is 0.21. Ambest Group Bhd's overall GF Score™ is 12/100 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 Ambest Group Bhd (XKLS:0391), the current Asset Turnover is 0.21 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.

Ambest Group Bhd Business Description

Address No. 9, 11 & 42A, Jalan Damar, Batu Maung, PNG, MYS, 11960
Ambest Group Bhd is an investment holding company. Through its subsidiaries, it operates as an engineering supporting services provider that provides precision machining, to customers in the semiconductor industry. The company also offers additional processes such as sub-modular assembly and surface finishing treatment. The company's business segments are: (i) Precision machining, and (ii) Sheet metal fabrication. The majority of the company's revenue is derived from the Precision machining segment, which involves various processes of working with metal such as milling, turning, and turn-milling to produce precision-machined parts and components.
12GF Score

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

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