Fiamma Holdings Bhd (XKLS:6939) Asset Turnover: 0.11 (As of Mar. 2026)


XKLS:6939 Fiamma Holdings Bhd XKLS:6939
74 GF Score
Price RM1.07
GF Value RM1.06
Valuation Fairly Valued
! 6 Warning Signs
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What is Fiamma Holdings Bhd Asset Turnover?

Fiamma Holdings Bhd XKLS:6939 74 Asset Turnover is 0.11 as of Mar. 2026. GuruFocus rates XKLS:6939 with a GF Score™ of 74/100 and a GF Value™ of RM1.06 (Fairly Valued). The stock has 6 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. Fiamma Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM104.4 Mil. Fiamma Holdings Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM995.0 Mil. Therefore, Fiamma Holdings Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Fiamma Holdings Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 5.49%. It is also linked to ROA % through Du Pont Formula. Fiamma Holdings Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 4.32%.


Fiamma Holdings Bhd  (XKLS:6939) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=43.016/784.018
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(43.016 / 417.436)*(417.436 / 995.0045)*(995.0045/ 784.018)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.3 %*0.4195*1.2691
=ROA %*Equity Multiplier
=4.32 %*1.2691
=5.49 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=43.016/995.0045
=(Net Income / Revenue)*(Revenue / Total Assets)
=(43.016 / 417.436)*(417.436 / 995.0045)
=Net Margin %*Asset Turnover
=10.3 %*0.4195
=4.32 %

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.


Fiamma Holdings Bhd Asset Turnover Related Terms


Fiamma Holdings Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Fiamma 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.

Fiamma Holdings Bhd Asset Turnover Chart

Fiamma Holdings Bhd Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.42 0.47 0.41 0.39

Fiamma Holdings Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.10 0.09 0.09 0.12 0.11

XKLS:6939 vs SN, SGI, MHK: Asset Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Fiamma 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.


Fiamma Holdings Bhd Asset Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fiamma Holdings Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:6939
74GF Score
Fiamma Holdings Bhd XKLS:6939
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiamma Holdings Bhd Asset Turnover Calculation

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

Fiamma 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 )
=381.239/( (1011.637+966.935)/ 2 )
=381.239/989.286
=0.39

Fiamma 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 )
=104.359/( (966.935+1023.074)/ 2 )
=104.359/995.0045
=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 0.11 mean?
Fiamma Holdings Bhd (XKLS:6939) has a Asset Turnover of 0.11 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Fiamma Holdings Bhd and its competitors.
Is Fiamma Holdings Bhd's Asset Turnover too high?
Fiamma Holdings Bhd's current Asset Turnover is 0.11. Overall, Fiamma Holdings Bhd has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fiamma Holdings Bhd's Asset Turnover compare to SN and SGI?
Fiamma Holdings Bhd's Asset Turnover of 0.11 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Asset Turnover depends on the Furnishings, Fixtures & Appliances 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 Fiamma Holdings Bhd and its competitors. Fiamma Holdings Bhd's current Asset Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiamma Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fiamma Holdings Bhd (XKLS:6939) is currently considered Fairly Valued. The stock's GF Value™ is RM1.06, compared to a current price of RM1.07 — trading 0.9% above its estimated fair value. The current Asset Turnover is 0.11. Fiamma Holdings Bhd's overall GF Score™ is 74/100 with 6 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 Fiamma Holdings Bhd (XKLS:6939), the current Asset Turnover is 0.11 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 Fiamma Holdings Bhd (XKLS:6939) Overvalued in 2026?

Based on GuruFocus' analysis, Fiamma Holdings Bhd stock appears to be overvalued. The current stock price of RM1.07 is trading 0.9% above its estimated GF Value™ of RM1.06. GuruFocus considers Fiamma Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:6939:

  • Asset Turnover: 0.11
  • GF Value™: RM1.06 vs. price of RM1.07 (0.9% above fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the XKLS:6939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fiamma Holdings Bhd Business Description

Address No. 1, Jalan Naga Emas, Menara Chin Hin, Level 20, 8th & Stellar, Sri Petaling, Kuala Lumpur, SGR, MYS, 57000
Fiamma Holdings Bhd is engaged in investment holding and property investment. The company's segment includes Investment holding and property investment, Property development, and Trading and services. It generates maximum revenue from the Trading and services segment. The Trading and services segment includes the distribution and servicing of electrical home appliances, sanitaryware, kitchen and wardrobe systems, and built-in furniture, other household products, bathroom accessories, medical devices, and healthcare products.
74GF Score

Get the complete analysis for XKLS:6939

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

RM1.07
Price
RM1.06
GF Value