Name: Fixed Asset Turnover

Definition: Fixed asset turnover shows how well the company’s long-term physical assets — factories, equipment, property — are being used to generate sales. A high ratio means the company’s facilities are productive and efficient. A low ratio might signal underused assets or over-investment in equipment that isn’t driving enough sales.

Interpretation:
• In '2022', PKE's fixed asset turnover was 2.18, illustrating how efficiently fixed assets are generating revenue. Industry average for Military/Government/Technical in '2022' stood at 4.78.
• In '2023', PKE's fixed asset turnover was 2.21, illustrating how efficiently fixed assets are generating revenue. The increase since '2022' reflects strengthening financial performance. Industry average for Military/Government/Technical in '2023' stood at 4.89. Industry average increased by 0.11 compared to previous year.
• In '2024', PKE's fixed asset turnover was 2.33, illustrating how efficiently fixed assets are generating revenue. The increase since '2023' reflects strengthening financial performance. Industry average for Military/Government/Technical in '2024' stood at 4.84. Industry average declined by 0.05 from previous year.
• In '2025', PKE's fixed asset turnover was 2.72, illustrating how efficiently fixed assets are generating revenue. The increase since '2024' reflects strengthening financial performance. Industry average for Military/Government/Technical in '2025' stood at 2.72. Industry average declined by 2.12 from previous year.
Overall, PKE's fixed asset turnover has steadily improved over the past 4 years.

Formula: Fixed Asset Turnover = Net Sales / Net Fixed Assets

Good Range: Ranges from 1 to 5 depending on asset intensity.