Petron Malaysia Refining & Marketing Bhd (XKLS:3042) Asset Turnover: 0.70 (As of Mar. 2026)


XKLS:3042 Petron Malaysia Refining & Marketing Bhd XKLS:3042
78 GF Score
Price RM3.45
GF Value RM3.29
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Petron Malaysia Refining & Marketing Bhd Asset Turnover?

Petron Malaysia Refining & Marketing Bhd XKLS:3042 -1.43% 78 Asset Turnover is 0.70 as of Mar. 2026. GuruFocus rates XKLS:3042 with a GF Score™ of 78/100 and a GF Value™ of RM3.29 (Fairly Valued). 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. Petron Malaysia Refining & Marketing Bhd's Revenue for the three months ended in Mar. 2026 was RM2,942 Mil. Petron Malaysia Refining & Marketing Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM4,215 Mil. Therefore, Petron Malaysia Refining & Marketing Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.70.

Asset Turnover is linked to ROE % through Du Pont Formula. Petron Malaysia Refining & Marketing Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was -5.46%. It is also linked to ROA % through Du Pont Formula. Petron Malaysia Refining & Marketing Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was -3.33%.


Petron Malaysia Refining & Marketing Bhd  (XKLS:3042) Asset Turnover Explanation

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

Petron Malaysia Refining & Marketing Bhd's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-140.16/2569.323
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-140.16 / 11766.208)*(11766.208 / 4214.7535)*(4214.7535/ 2569.323)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.19 %*2.7917*1.6404
=ROA %*Equity Multiplier
=-3.33 %*1.6404
=-5.46 %

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:

Petron Malaysia Refining & Marketing Bhd's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-140.16/4214.7535
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-140.16 / 11766.208)*(11766.208 / 4214.7535)
=Net Margin %*Asset Turnover
=-1.19 %*2.7917
=-3.33 %

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.


Petron Malaysia Refining & Marketing Bhd Asset Turnover Related Terms


Petron Malaysia Refining & Marketing Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Petron Malaysia Refining & Marketing 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.

Petron Malaysia Refining & Marketing Bhd Asset Turnover Chart

Petron Malaysia Refining & Marketing 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 2.53 4.05 3.64 3.39 3.23

Petron Malaysia Refining & Marketing Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.80 0.77 0.85 0.80 0.70

XKLS:3042 vs VLO, MPC, PSX: Asset Turnover Comparison

For the Oil & Gas Refining & Marketing subindustry, Petron Malaysia Refining & Marketing 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.


Petron Malaysia Refining & Marketing Bhd Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petron Malaysia Refining & Marketing Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Petron Malaysia Refining & Marketing Bhd's Asset Turnover falls into.


XKLS:3042
78GF Score
Petron Malaysia Refining & Marketing Bhd XKLS:3042
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Petron Malaysia Refining & Marketing Bhd Asset Turnover Calculation

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

Petron Malaysia Refining & Marketing 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 )
=13424.837/( (4653.44+3655.475)/ 2 )
=13424.837/4154.4575
=3.23

Petron Malaysia Refining & Marketing 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 )
=2941.552/( (3655.475+4774.032)/ 2 )
=2941.552/4214.7535
=0.70

* 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 0.70 mean?
Petron Malaysia Refining & Marketing Bhd (XKLS:3042) has a Asset Turnover of 0.70 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Petron Malaysia Refining & Marketing Bhd and its competitors.
Is Petron Malaysia Refining & Marketing Bhd's Asset Turnover too high?
Petron Malaysia Refining & Marketing Bhd's current Asset Turnover is 0.70. Overall, Petron Malaysia Refining & Marketing Bhd has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petron Malaysia Refining & Marketing Bhd's Asset Turnover compare to VLO and MPC?
Petron Malaysia Refining & Marketing Bhd's Asset Turnover of 0.70 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 Petron Malaysia Refining & Marketing Bhd and its competitors. Petron Malaysia Refining & Marketing Bhd's current Asset Turnover is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petron Malaysia Refining & Marketing Bhd stock overvalued right now?
Based on GuruFocus' analysis, Petron Malaysia Refining & Marketing Bhd (XKLS:3042) is currently considered Fairly Valued. The stock's GF Value™ is RM3.29, compared to a current price of RM3.45 — trading 4.9% above its estimated fair value. The current Asset Turnover is 0.70. Petron Malaysia Refining & Marketing Bhd's overall GF Score™ is 78/100 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 Petron Malaysia Refining & Marketing Bhd (XKLS:3042), the current Asset Turnover is 0.70 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 Petron Malaysia Refining & Marketing Bhd (XKLS:3042) Overvalued in 2026?

Based on GuruFocus' analysis, Petron Malaysia Refining & Marketing Bhd stock appears to be overvalued. The current stock price of RM3.45 is trading 4.9% above its estimated GF Value™ of RM3.29. GuruFocus considers Petron Malaysia Refining & Marketing Bhd to be Fairly Valued.

Key valuation signals for XKLS:3042:

  • Asset Turnover: 0.70
  • GF Value™: RM3.29 vs. price of RM3.45 (4.9% above fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the XKLS:3042 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Petron Malaysia Refining & Marketing Bhd Business Description

Industry EnergyOil & Gas
Address No. 46, Jalan Dungun, Level 12A, Menara I & P, Tower 1, Damansara Heights, Kuala Lumpur, SGR, MYS, 50490
Petron Malaysia Refining & Marketing Bhd is an oil company engaged in manufacturing and marketing a wide range of petroleum products, which include Gasoline, Automotive Diesel Oil (ADO), Liquefied Petroleum Gas (LPG), Jet Fuel, Naphtha, and Low Sulphur Waxy Residue. The company generates revenue from the sale of petroleum products to Retail and Commercial customers in various geographical locations. Geographically, a majority of its revenue is derived from Malaysia and the rest from Singapore.
78GF Score

Get the complete analysis for XKLS:3042

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

RM3.45
Price
RM3.29
GF Value