Kobay Technology Bhd (XKLS:6971) Asset Turnover: 0.21 (As of Mar. 2026)


XKLS:6971 Kobay Technology Bhd XKLS:6971
71 GF Score
Price RM2.58
GF Value RM1.89
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kobay Technology Bhd Asset Turnover?

Kobay Technology Bhd XKLS:6971 +0.78% 71 Asset Turnover is 0.21 as of Mar. 2026. GuruFocus rates XKLS:6971 with a GF Score™ of 71/100 and a GF Value™ of RM1.89 (Significantly 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. Kobay Technology Bhd's Revenue for the three months ended in Mar. 2026 was RM145.0 Mil. Kobay Technology Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM705.0 Mil. Therefore, Kobay Technology Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Kobay Technology Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 14.48%. It is also linked to ROA % through Du Pont Formula. Kobay Technology Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 7.99%.

Kobay Technology Bhd  (XKLS:6971) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=56.312/388.868
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(56.312 / 579.988)*(579.988 / 704.9655)*(704.9655/ 388.868)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.71 %*0.8227*1.8129
=ROA %*Equity Multiplier
=7.99 %*1.8129
=14.48 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=56.312/704.9655
=(Net Income / Revenue)*(Revenue / Total Assets)
=(56.312 / 579.988)*(579.988 / 704.9655)
=Net Margin %*Asset Turnover
=9.71 %*0.8227
=7.99 %

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.

Kobay Technology Bhd Asset Turnover Related Terms

Kobay Technology Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Kobay Technology 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.

Kobay Technology Bhd Asset Turnover Chart

Kobay Technology Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.82 0.55 0.56 0.56

Kobay Technology 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 0.13 0.15 0.18 0.22 0.21

XKLS:6971 vs CRS, ATI, MLI: Asset Turnover Comparison

For the Metal Fabrication subindustry, Kobay Technology 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.

Kobay Technology Bhd Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kobay Technology Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:6971
71GF Score
Kobay Technology Bhd XKLS:6971
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kobay Technology Bhd Asset Turnover Calculation

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

Kobay Technology Bhd's Asset Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=341.927/( (610.189+621.808)/ 2 )
=341.927/615.9985
=0.56

Kobay Technology 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 )
=144.997/( (700.06+709.871)/ 2 )
=144.997/704.9655
=0.21

* 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 0.21 mean?
Kobay Technology Bhd (XKLS:6971) has a Asset Turnover of 0.21 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Kobay Technology Bhd and its competitors.
Is Kobay Technology Bhd's Asset Turnover too high?
Kobay Technology Bhd's current Asset Turnover is 0.21. Overall, Kobay Technology Bhd has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kobay Technology Bhd's Asset Turnover compare to CRS and ATI?
Kobay Technology Bhd's Asset Turnover of 0.21 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Kobay Technology Bhd and its competitors. Kobay Technology Bhd's current Asset Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobay Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kobay Technology Bhd (XKLS:6971) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.89, compared to a current price of RM2.58 — trading 36.5% above its estimated fair value. The current Asset Turnover is 0.21. Kobay Technology Bhd's overall GF Score™ is 71/100 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 Kobay Technology Bhd (XKLS:6971), the current Asset Turnover is 0.21 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 Kobay Technology Bhd (XKLS:6971) Overvalued in 2026?

Based on GuruFocus' analysis, Kobay Technology Bhd stock appears to be overvalued. The current stock price of RM2.58 is trading 36.5% above its estimated GF Value™ of RM1.89. GuruFocus considers Kobay Technology Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:6971:

  • Asset Turnover: 0.21
  • GF Value™: RM1.89 vs. price of RM2.58 (36.5% above fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the XKLS:6971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kobay Technology Bhd Business Description

Address No. 42-B Jalan Rangoon, 3rd Floor, Wisma Kobay, Georgetown, PNG, MYS, 10400
Kobay Technology Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following segments: Manufacturing, Property development, Pharmaceutical and healthcare, Asset Management, Investment holding, and Others. It generates maximum revenue from the Manufacturing segment, which is engaged in the manufacturing of precision machined components, precision stamping, sheet metal parts, surface treatment, precision moulds, tooling and form dies, semiconductor assembly and testing equipment, metal works and structures, modules and parts for oil and gas production and extraction equipment, and components and sub-assemblies for aerospace parts. Geographically, it derives key revenue from Malaysia and the rest from Singapore, the USA, and other regions.
71GF Score

Get the complete analysis for XKLS:6971

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

RM2.58
Price
RM1.89
GF Value