PBA Holdings Bhd (XKLS:5041) Asset Turnover: 0.07 (As of Mar. 2026)


XKLS:5041 PBA Holdings Bhd XKLS:5041
80 GF Score
Price RM2.00
GF Value RM2.29
Valuation Modestly Undervalued
! 2 Warning Signs
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What is PBA Holdings Bhd Asset Turnover?

PBA Holdings Bhd XKLS:5041 +0.50% 80 Asset Turnover is 0.07 as of Mar. 2026. GuruFocus rates XKLS:5041 with a GF Score™ of 80/100 and a GF Value™ of RM2.29 (Modestly Undervalued). The stock has 2 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. PBA Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM145.6 Mil. PBA Holdings Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM2,252.2 Mil. Therefore, PBA Holdings Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. PBA Holdings Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 13.40%. It is also linked to ROA % through Du Pont Formula. PBA Holdings Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 7.06%.

PBA Holdings Bhd  (XKLS:5041) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=158.912/1186.203
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(158.912 / 582.524)*(582.524 / 2252.168)*(2252.168/ 1186.203)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.28 %*0.2587*1.8986
=ROA %*Equity Multiplier
=7.06 %*1.8986
=13.40 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=158.912/2252.168
=(Net Income / Revenue)*(Revenue / Total Assets)
=(158.912 / 582.524)*(582.524 / 2252.168)
=Net Margin %*Asset Turnover
=27.28 %*0.2587
=7.06 %

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.

PBA Holdings Bhd Asset Turnover Related Terms

PBA Holdings Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for PBA Holdings 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.

PBA Holdings Bhd Asset Turnover Chart

PBA Holdings 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 0.24 0.24 0.27 0.31 0.28

PBA Holdings 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 0.07 0.08 0.07 0.07 0.07

XKLS:5041 vs AWK, WTRG, AWR: Asset Turnover Comparison

For the Utilities - Regulated Water subindustry, PBA Holdings 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.

PBA Holdings Bhd Asset Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PBA Holdings Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PBA Holdings Bhd's Asset Turnover falls into.


XKLS:5041
80GF Score
PBA Holdings Bhd XKLS:5041
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PBA Holdings Bhd Asset Turnover Calculation

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

PBA Holdings 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 )
=568.444/( (1806.956+2251.151)/ 2 )
=568.444/2029.0535
=0.28

PBA Holdings 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 )
=145.631/( (2251.151+2253.185)/ 2 )
=145.631/2252.168
=0.06

* 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 0.07 mean?
PBA Holdings Bhd (XKLS:5041) has a Asset Turnover of 0.07 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PBA Holdings Bhd and its competitors.
Is PBA Holdings Bhd's Asset Turnover too high?
PBA Holdings Bhd's current Asset Turnover is 0.07. Overall, PBA Holdings Bhd has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PBA Holdings Bhd's Asset Turnover compare to AWK and WTRG?
PBA Holdings Bhd's Asset Turnover of 0.07 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Asset Turnover depends on the Utilities - Regulated 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 PBA Holdings Bhd and its competitors. PBA Holdings Bhd's current Asset Turnover is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBA Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, PBA Holdings Bhd (XKLS:5041) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.29, compared to a current price of RM2.00 — trading 12.7% below its estimated fair value. The current Asset Turnover is 0.07. PBA Holdings Bhd's overall GF Score™ is 80/100 with 2 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 PBA Holdings Bhd (XKLS:5041), the current Asset Turnover is 0.07 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 PBA Holdings Bhd (XKLS:5041) Overvalued in 2026?

Based on GuruFocus' analysis, PBA Holdings Bhd stock appears to be undervalued. The current stock price of RM2.00 is trading 12.7% below its estimated GF Value™ of RM2.29. GuruFocus considers PBA Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5041:

  • Asset Turnover: 0.07
  • GF Value™: RM2.29 vs. price of RM2.00 (12.7% below fair value)
  • GF Score™: 80/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PBA Holdings Bhd Business Description

Address Penang Road, Level 32, Komtar, Georgetown, PNG, MYS, 10000
PBA Holdings Bhd is an investment holding company. Its primary business is to sustain continuous good water supply in Penang. With population growth and increasing socio-economic development, It has to employ holistic water supply management strategies. It manage both water demand and supply in a water-stressed state. The group has one reportable segment, which is the abstraction of raw water, treatment of water, supply and sale of treated water to consumers in the State of Penang. The company operated solely in Penang, Malaysia. The company through its subsidiaries is engaged in the abstraction of raw water, treatment of water, and supply and sale of treated water to consumers in the State of Penang. It operates geographically in Malaysia.
80GF Score

Get the complete analysis for XKLS:5041

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

RM2.00
Price
RM2.29
GF Value