Fire & Gas Detection Technologies (XTAE:FGAS) Asset Turnover: 0.32 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTAE:FGAS Fire & Gas Detection Technologies Ltd XTAE:FGAS
68 GF Score
Price ₪10.00
GF Value ₪13.60
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Fire & Gas Detection Technologies Asset Turnover?

Fire & Gas Detection Technologies XTAE:FGAS -1.28% 68 Asset Turnover is 0.32 as of Dec. 2025. GuruFocus rates XTAE:FGAS with a GF Score™ of 68/100 and a GF Value™ of ₪13.60 (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. Fire & Gas Detection Technologies's Revenue for the six months ended in Dec. 2025 was ₪20.70 Mil. Fire & Gas Detection Technologies's Total Assets for the quarter that ended in Dec. 2025 was ₪64.39 Mil. Therefore, Fire & Gas Detection Technologies's Asset Turnover for the quarter that ended in Dec. 2025 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. Fire & Gas Detection Technologies's annualized ROE % for the quarter that ended in Dec. 2025 was 26.56%. It is also linked to ROA % through Du Pont Formula. Fire & Gas Detection Technologies's annualized ROA % for the quarter that ended in Dec. 2025 was 7.92%.


Fire & Gas Detection Technologies  (XTAE:FGAS) Asset Turnover Explanation

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

Fire & Gas Detection Technologies's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=5.1/19.199
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.1 / 41.392)*(41.392 / 64.394)*(64.394/ 19.199)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.32 %*0.6428*3.354
=ROA %*Equity Multiplier
=7.92 %*3.354
=26.56 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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:

Fire & Gas Detection Technologies's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=5.1/64.394
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.1 / 41.392)*(41.392 / 64.394)
=Net Margin %*Asset Turnover
=12.32 %*0.6428
=7.92 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


Fire & Gas Detection Technologies Asset Turnover Related Terms


Fire & Gas Detection Technologies Asset Turnover Historical Data

* Premium members only.

The historical data trend for Fire & Gas Detection Technologies'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.

Fire & Gas Detection Technologies Asset Turnover Chart

Fire & Gas Detection Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.25 0.47 0.62 0.55 0.61

Fire & Gas Detection Technologies Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.32 0.25 0.30 0.33 0.32

XTAE:FGAS vs SLB, BKR, HAL: Asset Turnover Comparison

For the Oil & Gas Equipment & Services subindustry, Fire & Gas Detection Technologies'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.


Fire & Gas Detection Technologies Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Fire & Gas Detection Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Fire & Gas Detection Technologies's Asset Turnover falls into.


XTAE:FGAS
68GF Score
Fire & Gas Detection Technologies Ltd XTAE:FGAS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fire & Gas Detection Technologies Asset Turnover Calculation

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

Fire & Gas Detection Technologies'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 )
=40.365/( (60.477+71.467)/ 2 )
=40.365/65.972
=0.61

Fire & Gas Detection Technologies's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=20.696/( (57.321+71.467)/ 2 )
=20.696/64.394
=0.32

* 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 0.32 mean?
Fire & Gas Detection Technologies (XTAE:FGAS) has a Asset Turnover of 0.32 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Fire & Gas Detection Technologies and its competitors.
Is Fire & Gas Detection Technologies' Asset Turnover too high?
Fire & Gas Detection Technologies' current Asset Turnover is 0.32. Overall, Fire & Gas Detection Technologies has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fire & Gas Detection Technologies' Asset Turnover compare to SLB and BKR?
Fire & Gas Detection Technologies' Asset Turnover of 0.32 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 Fire & Gas Detection Technologies and its competitors. Fire & Gas Detection Technologies's current Asset Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fire & Gas Detection Technologies stock overvalued right now?
Based on GuruFocus' analysis, Fire & Gas Detection Technologies (XTAE:FGAS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪13.60, compared to a current price of ₪10.00 — trading 26.5% below its estimated fair value. The current Asset Turnover is 0.32. Fire & Gas Detection Technologies' overall GF Score™ is 68/100 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 Fire & Gas Detection Technologies (XTAE:FGAS), the current Asset Turnover is 0.32 as of Dec. 2025. 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 Fire & Gas Detection Technologies (XTAE:FGAS) Overvalued in 2026?

Based on GuruFocus' analysis, Fire & Gas Detection Technologies stock appears to be undervalued. The current stock price of ₪10.00 is trading 26.5% below its estimated GF Value™ of ₪13.60. GuruFocus considers Fire & Gas Detection Technologies to be Modestly Undervalued.

Key valuation signals for XTAE:FGAS:

  • Asset Turnover: 0.32
  • GF Value™: ₪13.60 vs. price of ₪10.00 (26.5% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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


Fire & Gas Detection Technologies Business Description

Industry EnergyOil & Gas
Address Kibbutz Bror Hayil, Ashkelon Beach, Ashkelon, ISR, 693709
Fire & Gas Detection Technologies Ltd is engaged in the business of providing flame detection systems to the Oil & Gas industry.
68GF Score

Get the complete analysis for XTAE:FGAS

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

₪10.00
Price
₪13.60
GF Value