United Malacca Bhd (XKLS:2593) Asset Turnover: 0.10 (As of Jan. 2026)


XKLS:2593 United Malacca Bhd XKLS:2593
93 GF Score
Price RM5.94
GF Value RM6.62
Valuation Modestly Undervalued
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What is United Malacca Bhd Asset Turnover?

United Malacca Bhd XKLS:2593 93 Asset Turnover is 0.10 as of Jan. 2026. GuruFocus rates XKLS:2593 with a GF Score™ of 93/100 and a GF Value™ of RM6.62 (Modestly Undervalued).

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. United Malacca Bhd's Revenue for the three months ended in Jan. 2026 was RM180.9 Mil. United Malacca Bhd's Total Assets for the quarter that ended in Jan. 2026 was RM1,843.5 Mil. Therefore, United Malacca Bhd's Asset Turnover for the quarter that ended in Jan. 2026 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. United Malacca Bhd's annualized ROE % for the quarter that ended in Jan. 2026 was 7.36%. It is also linked to ROA % through Du Pont Formula. United Malacca Bhd's annualized ROA % for the quarter that ended in Jan. 2026 was 6.16%.


United Malacca Bhd  (XKLS:2593) Asset Turnover Explanation

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

United Malacca Bhd's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=113.504/1542.682
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(113.504 / 723.568)*(723.568 / 1843.5035)*(1843.5035/ 1542.682)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.69 %*0.3925*1.195
=ROA %*Equity Multiplier
=6.16 %*1.195
=7.36 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 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:

United Malacca Bhd's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=113.504/1843.5035
=(Net Income / Revenue)*(Revenue / Total Assets)
=(113.504 / 723.568)*(723.568 / 1843.5035)
=Net Margin %*Asset Turnover
=15.69 %*0.3925
=6.16 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 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.


United Malacca Bhd Asset Turnover Related Terms


United Malacca Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for United Malacca 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.

United Malacca Bhd Asset Turnover Chart

United Malacca Bhd Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.31 0.33 0.32 0.38

United Malacca Bhd Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.10 0.10 0.10 0.13 0.10

XKLS:2593 vs ADM, BG, TSN: Asset Turnover Comparison

For the Farm Products subindustry, United Malacca 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.


United Malacca Bhd Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, United Malacca Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where United Malacca Bhd's Asset Turnover falls into.


XKLS:2593
93GF Score
United Malacca Bhd XKLS:2593
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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United Malacca Bhd Asset Turnover Calculation

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

United Malacca Bhd's Asset Turnover for the fiscal year that ended in Apr. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2025 )/( (Total Assets (A: Apr. 2024 )+Total Assets (A: Apr. 2025 ))/ count )
=711.241/( (1848.728+1853.139)/ 2 )
=711.241/1850.9335
=0.38

United Malacca Bhd's Asset Turnover for the quarter that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=180.892/( (1862.111+1824.896)/ 2 )
=180.892/1843.5035
=0.10

* 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 0.10 mean?
United Malacca Bhd (XKLS:2593) has a Asset Turnover of 0.10 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on United Malacca Bhd and its competitors.
Is United Malacca Bhd's Asset Turnover too high?
United Malacca Bhd's current Asset Turnover is 0.10. Overall, United Malacca Bhd has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Malacca Bhd's Asset Turnover compare to ADM and BG?
United Malacca Bhd's Asset Turnover of 0.10 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 United Malacca Bhd and its competitors. United Malacca Bhd's current Asset Turnover is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Malacca Bhd stock overvalued right now?
Based on GuruFocus' analysis, United Malacca Bhd (XKLS:2593) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.62, compared to a current price of RM5.94 — trading 10.3% below its estimated fair value. The current Asset Turnover is 0.10. United Malacca Bhd's overall GF Score™ is 93/100. 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 United Malacca Bhd (XKLS:2593), the current Asset Turnover is 0.10 as of Jan. 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 United Malacca Bhd (XKLS:2593) Overvalued in 2026?

Based on GuruFocus' analysis, United Malacca Bhd stock appears to be undervalued. The current stock price of RM5.94 is trading 10.3% below its estimated GF Value™ of RM6.62. GuruFocus considers United Malacca Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2593:

  • Asset Turnover: 0.10
  • GF Value™: RM6.62 vs. price of RM5.94 (10.3% below fair value)
  • GF Score™: 93/100

No single metric tells the full story. See the XKLS:2593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Malacca Bhd Business Description

Address 6th Floor, No. 61, Jalan Melaka Raya 8, Taman Melaka Raya, Melaka, MLA, MYS, 75000
United Malacca Bhd is a Malaysia based oil palm cultivation company. The company's operating segment includes Plantation which includes cultivation of oil palm and palm oil milling and Investment holding. It generates maximum revenue from the Plantation segment. Geographically, it derives a majority revenue from Malaysia and also has a presence in Indonesia.
93GF Score

Get the complete analysis for XKLS:2593

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

RM5.94
Price
RM6.62
GF Value