Marine & General Bhd (XKLS:5078) Asset Turnover: 0.08 (As of Apr. 2026)


XKLS:5078 Marine & General Bhd XKLS:5078
25 GF Score
Price RM0.30
GF Value RM0.25
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Marine & General Bhd Asset Turnover?

Marine & General Bhd XKLS:5078 +3.45% 25 Asset Turnover is 0.08 as of Apr. 2026. GuruFocus rates XKLS:5078 with a GF Score™ of 25/100 and a GF Value™ of RM0.25 (Modestly Overvalued). 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. Marine & General Bhd's Revenue for the three months ended in Apr. 2026 was RM66.7 Mil. Marine & General Bhd's Total Assets for the quarter that ended in Apr. 2026 was RM816.0 Mil. Therefore, Marine & General Bhd's Asset Turnover for the quarter that ended in Apr. 2026 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Marine & General Bhd's annualized ROE % for the quarter that ended in Apr. 2026 was -9.64%. It is also linked to ROA % through Du Pont Formula. Marine & General Bhd's annualized ROA % for the quarter that ended in Apr. 2026 was -3.00%.


Marine & General Bhd  (XKLS:5078) Asset Turnover Explanation

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

Marine & General Bhd's annulized ROE % for the quarter that ended in Apr. 2026 is

ROE %**(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=-24.512/254.2595
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-24.512 / 266.944)*(266.944 / 816.003)*(816.003/ 254.2595)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9.18 %*0.3271*3.2093
=ROA %*Equity Multiplier
=-3.00 %*3.2093
=-9.64 %

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

Marine & General Bhd's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=-24.512/816.003
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-24.512 / 266.944)*(266.944 / 816.003)
=Net Margin %*Asset Turnover
=-9.18 %*0.3271
=-3.00 %

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


Marine & General Bhd Asset Turnover Related Terms


Marine & General Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Marine & General 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.

Marine & General Bhd Asset Turnover Chart

Marine & General Bhd Annual Data
Trend Jul14 Dec16 Dec17 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.36 0.41 0.41 0.41

Marine & General Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.11 0.12 0.11 0.09 0.08

XKLS:5078 vs SLB, BKR, HAL: Asset Turnover Comparison

For the Oil & Gas Equipment & Services subindustry, Marine & General 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.


Marine & General Bhd Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marine & General Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Marine & General Bhd's Asset Turnover falls into.


XKLS:5078
25GF Score
Marine & General Bhd XKLS:5078
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Marine & General Bhd Asset Turnover Calculation

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

Marine & General Bhd's Asset Turnover for the fiscal year that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2026 )/( (Total Assets (A: Apr. 2025 )+Total Assets (A: Apr. 2026 ))/ count )
=343.922/( (867.996+802.939)/ 2 )
=343.922/835.4675
=0.41

Marine & General Bhd's Asset Turnover for the quarter that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=66.736/( (829.067+802.939)/ 2 )
=66.736/816.003
=0.08

* 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 0.08 mean?
Marine & General Bhd (XKLS:5078) has a Asset Turnover of 0.08 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Marine & General Bhd and its competitors.
Is Marine & General Bhd's Asset Turnover too high?
Marine & General Bhd's current Asset Turnover is 0.08. Overall, Marine & General Bhd has a GF Score™ of 25/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marine & General Bhd's Asset Turnover compare to SLB and BKR?
Marine & General Bhd's Asset Turnover of 0.08 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 Marine & General Bhd and its competitors. Marine & General Bhd's current Asset Turnover is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marine & General Bhd stock overvalued right now?
Based on GuruFocus' analysis, Marine & General Bhd (XKLS:5078) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.25, compared to a current price of RM0.30 — trading 20% above its estimated fair value. The current Asset Turnover is 0.08. Marine & General Bhd's overall GF Score™ is 25/100 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 Marine & General Bhd (XKLS:5078), the current Asset Turnover is 0.08 as of Apr. 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 Marine & General Bhd (XKLS:5078) Overvalued in 2026?

Based on GuruFocus' analysis, Marine & General Bhd stock appears to be overvalued. The current stock price of RM0.30 is trading 20% above its estimated GF Value™ of RM0.25. GuruFocus considers Marine & General Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5078:

  • Asset Turnover: 0.08
  • GF Value™: RM0.25 vs. price of RM0.30 (20% above fair value)
  • GF Score™: 25/100 with 5 warning signs

No single metric tells the full story. See the XKLS:5078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marine & General Bhd Business Description

Industry EnergyOil & Gas
Address No. 1, Jalan Tun Mohd Fuad, Level 23, Menara Kenari, Taman Tun Dr Ismail, Kuala Lumpur, SGR, MYS, 60000
Marine & General Bhd is an investment holding company. Through its subsidiary, it is engaged in business activities of provision of offshore marine support services, marine logistics services, and tanker management services. Its operating segments include Marine Logistics - Upstream, which is the key revenue driver; and Marine Logistics - Downstream. The company generates the majority of its revenue from Malaysia.
25GF Score

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

RM0.30
Price
RM0.25
GF Value