Mentiga Bhd (XKLS:5223) Asset Turnover: 0.03 (As of Mar. 2026)

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XKLS:5223 Mentiga Corp Bhd XKLS:5223
34 GF Score
Price RM0.73
GF Value RM0.77
Valuation Fairly Valued
! 10 Warning Signs
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What is Mentiga Bhd Asset Turnover?

Mentiga Bhd XKLS:5223 -4.58% 34 Asset Turnover is 0.03 as of Mar. 2026. GuruFocus rates XKLS:5223 with a GF Score™ of 34/100 and a GF Value™ of RM0.77 (Fairly Valued). The stock has 10 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. Mentiga Bhd's Revenue for the three months ended in Mar. 2026 was RM9.20 Mil. Mentiga Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM340.93 Mil. Therefore, Mentiga Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Mentiga Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 0.56%. It is also linked to ROA % through Du Pont Formula. Mentiga Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 0.37%.


Mentiga Bhd  (XKLS:5223) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.26/226.0865
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.26 / 36.788)*(36.788 / 340.9255)*(340.9255/ 226.0865)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.43 %*0.1079*1.5079
=ROA %*Equity Multiplier
=0.37 %*1.5079
=0.56 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1.26/340.9255
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.26 / 36.788)*(36.788 / 340.9255)
=Net Margin %*Asset Turnover
=3.43 %*0.1079
=0.37 %

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.


Mentiga Bhd Asset Turnover Related Terms


Mentiga Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Mentiga 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.

Mentiga Bhd Asset Turnover Chart

Mentiga 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 0.04 0.05 0.09 0.09 0.12

Mentiga 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 0.02 0.02 0.04 0.04 0.03

XKLS:5223 vs ADM, BG, TSN: Asset Turnover Comparison

For the Farm Products subindustry, Mentiga 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.


Mentiga Bhd Asset Turnover vs Consumer Packaged Goods Industry

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

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


XKLS:5223
34GF Score
Mentiga Corp Bhd XKLS:5223
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mentiga Bhd Asset Turnover Calculation

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

Mentiga 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 )
=41.923/( (347.499+342.402)/ 2 )
=41.923/344.9505
=0.12

Mentiga 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 )
=9.197/( (342.402+339.449)/ 2 )
=9.197/340.9255
=0.03

* 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 0.03 mean?
Mentiga Bhd (XKLS:5223) has a Asset Turnover of 0.03 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Mentiga Bhd and its competitors.
Is Mentiga Bhd's Asset Turnover too high?
Mentiga Bhd's current Asset Turnover is 0.03. Overall, Mentiga Bhd has a GF Score™ of 34/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mentiga Bhd's Asset Turnover compare to ADM and BG?
Mentiga Bhd's Asset Turnover of 0.03 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 Mentiga Bhd and its competitors. Mentiga Bhd's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mentiga Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mentiga Bhd (XKLS:5223) is currently considered Fairly Valued. The stock's GF Value™ is RM0.77, compared to a current price of RM0.73 — trading 5.2% below its estimated fair value. The current Asset Turnover is 0.03. Mentiga Bhd's overall GF Score™ is 34/100 with 10 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 Mentiga Bhd (XKLS:5223), the current Asset Turnover is 0.03 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 Mentiga Bhd (XKLS:5223) Overvalued in 2026?

Based on GuruFocus' analysis, Mentiga Bhd stock appears to be undervalued. The current stock price of RM0.73 is trading 5.2% below its estimated GF Value™ of RM0.77. GuruFocus considers Mentiga Bhd to be Fairly Valued.

Key valuation signals for XKLS:5223:

  • Asset Turnover: 0.03
  • GF Value™: RM0.77 vs. price of RM0.73 (5.2% below fair value)
  • GF Score™: 34/100 with 10 warning signs

No single metric tells the full story. See the XKLS:5223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mentiga Bhd Business Description

Address Number 26 & 26A, Jalan Putra Square 1, Putra Square, Kuantan, PHG, MYS, 25200
Mentiga Corp Bhd is an investment holding company. The company is engaged in oil palm plantation, mining, timber extraction, and trading in timber related products. Its operations are classified under three segments: the Timber products segment engages in timber extraction and trading in related timber products and reforestation projects; the Plantation segment which generates key revenue offers oil palm plantation; and the Mining segment engages in mining ore extraction and exploration.
34GF Score

Get the complete analysis for XKLS:5223

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

RM0.73
Price
RM0.77
GF Value