FSBM Holdings Bhd (XKLS:9377) Asset Turnover: 0.34 (As of Mar. 2026)


XKLS:9377 FSBM Holdings Bhd XKLS:9377
29 GF Score
Price RM0.21
GF Value RM0.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is FSBM Holdings Bhd Asset Turnover?

FSBM Holdings Bhd XKLS:9377 -2.33% 29 Asset Turnover is 0.34 as of Mar. 2026. GuruFocus rates XKLS:9377 with a GF Score™ of 29/100 and a GF Value™ of RM0.28 (Modestly Undervalued). The stock has 4 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. FSBM Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM9.51 Mil. FSBM Holdings Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM28.08 Mil. Therefore, FSBM Holdings Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.34.

Asset Turnover is linked to ROE % through Du Pont Formula. FSBM Holdings Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 21.28%. It is also linked to ROA % through Du Pont Formula. FSBM Holdings Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 14.91%.

FSBM Holdings Bhd  (XKLS:9377) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4.188/19.6825
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.188 / 38.04)*(38.04 / 28.08)*(28.08/ 19.6825)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.01 %*1.3547*1.4266
=ROA %*Equity Multiplier
=14.91 %*1.4266
=21.28 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=4.188/28.08
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.188 / 38.04)*(38.04 / 28.08)
=Net Margin %*Asset Turnover
=11.01 %*1.3547
=14.91 %

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.

FSBM Holdings Bhd Asset Turnover Related Terms

FSBM Holdings Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for FSBM 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.

FSBM Holdings Bhd Asset Turnover Chart

FSBM Holdings Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 1.63 0.64 0.62 0.42

FSBM 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 0.06 0.12 0.09 0.15 0.34

XKLS:9377 vs SNX, ARW, AVT: Asset Turnover Comparison

For the Electronics & Computer Distribution subindustry, FSBM 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.

FSBM Holdings Bhd Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, FSBM Holdings Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:9377
29GF Score
FSBM Holdings Bhd XKLS:9377
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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FSBM Holdings Bhd Asset Turnover Calculation

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

FSBM 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 )
=12.158/( (29.154+28.38)/ 2 )
=12.158/28.767
=0.42

FSBM 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 )
=9.51/( (28.38+27.78)/ 2 )
=9.51/28.08
=0.34

* 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 0.34 mean?
FSBM Holdings Bhd (XKLS:9377) has a Asset Turnover of 0.34 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on FSBM Holdings Bhd and its competitors.
Is FSBM Holdings Bhd's Asset Turnover too high?
FSBM Holdings Bhd's current Asset Turnover is 0.34. Overall, FSBM Holdings Bhd has a GF Score™ of 29/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FSBM Holdings Bhd's Asset Turnover compare to SNX and ARW?
FSBM Holdings Bhd's Asset Turnover of 0.34 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 FSBM Holdings Bhd and its competitors. FSBM Holdings Bhd's current Asset Turnover is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSBM Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, FSBM Holdings Bhd (XKLS:9377) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.21 — trading 25% below its estimated fair value. The current Asset Turnover is 0.34. FSBM Holdings Bhd's overall GF Score™ is 29/100 with 4 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 FSBM Holdings Bhd (XKLS:9377), the current Asset Turnover is 0.34 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 FSBM Holdings Bhd (XKLS:9377) Overvalued in 2026?

Based on GuruFocus' analysis, FSBM Holdings Bhd stock appears to be undervalued. The current stock price of RM0.21 is trading 25% below its estimated GF Value™ of RM0.28. GuruFocus considers FSBM Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:9377:

  • Asset Turnover: 0.34
  • GF Value™: RM0.28 vs. price of RM0.21 (25% below fair value)
  • GF Score™: 29/100 with 4 warning signs

No single metric tells the full story. See the XKLS:9377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

FSBM Holdings Bhd Business Description

Address 8, Jalan PJU 7/6, PJU 7, L3-02, KYM Tower, Mutiara Damansara, Kuala Lumpur, SGR, MYS, 47800
FSBM Holdings Bhd is an investment holding company that distributes computers, computer-related products, education-related products, and the provision of related services. The company's reportable segments: The platform design and development include the development of web-based and mobile platforms for customers. The Refurbishment services include refurbishment of pre-owned IT hardware. The lease services include the leasing of IT hardware. The technical support and maintenance services include after-sales service following the completion of the platform design and development projects. Smart manufacturing solutions provides manpower services in respect of system integration, commissioning and setup services, and Managed security service offers network security solutions and others.
29GF Score

Get the complete analysis for XKLS:9377

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

RM0.21
Price
RM0.28
GF Value