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Ferrovial SE (Ferrovial SE) Asset Turnover : 0.09 (As of Dec. 2023)


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What is Ferrovial SE Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ferrovial SE's Revenue for the three months ended in Dec. 2023 was $2,501 Mil. Ferrovial SE's Total Assets for the quarter that ended in Dec. 2023 was $28,067 Mil. Therefore, Ferrovial SE's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Ferrovial SE's annualized ROE % for the quarter that ended in Dec. 2023 was 7.27%. It is also linked to ROA % through Du Pont Formula. Ferrovial SE's annualized ROA % for the quarter that ended in Dec. 2023 was 1.04%.


Ferrovial SE Asset Turnover Historical Data

The historical data trend for Ferrovial SE'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.

* Premium members only.

Ferrovial SE Asset Turnover Chart

Ferrovial SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.29 0.28 0.29 0.33

Ferrovial SE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.08 0.07 0.08 0.09 0.09

Competitive Comparison of Ferrovial SE's Asset Turnover

For the Infrastructure Operations subindustry, Ferrovial SE'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.


Ferrovial SE's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ferrovial SE's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ferrovial SE's Asset Turnover falls into.



Ferrovial SE Asset Turnover Calculation

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

Ferrovial SE's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=9284.624/( (27906.78+28700.109)/ 2 )
=9284.624/28303.4445
=0.33

Ferrovial SE's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2500.545/( (27434.365+28700.109)/ 2 )
=2500.545/28067.237
=0.09

* 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.


Ferrovial SE  (OTCPK:FRRVY) Asset Turnover Explanation

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

Ferrovial SE's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=292.256/4021.9515
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(292.256 / 10002.18)*(10002.18 / 28067.237)*(28067.237/ 4021.9515)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.92 %*0.3564*6.9785
=ROA %*Equity Multiplier
=1.04 %*6.9785
=7.27 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Ferrovial SE's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=292.256/28067.237
=(Net Income / Revenue)*(Revenue / Total Assets)
=(292.256 / 10002.18)*(10002.18 / 28067.237)
=Net Margin %*Asset Turnover
=2.92 %*0.3564
=1.04 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Ferrovial SE Asset Turnover Related Terms

Thank you for viewing the detailed overview of Ferrovial SE's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Ferrovial SE (Ferrovial SE) Business Description

Address
Calle Príncipe de Vergara 135, Madrid, ESP, 28002
Ferrovial SE is a Spanish industrial company. The company organizes itself into four segments: Toll Roads, Airports, Construction, and Energy and mobility infrastructures. The Toll Roads segment develops and operates toll roads globally. The Airports segment operates four airports in the United Kingdom, Heathrow, Aberdeen, Glasgow, and Southampton. The Construction segment designs and constructs buildings, transport infrastructure, water projects, and completes civil engineering work. The Energy and mobility infrastructures segment includes the operation of infrastructure for transport, natural resources, utilities, telecommunications, and waste collection and treatment. By country, the USA represents the maximum contribution to revenue, followed by Poland operations.

Ferrovial SE (Ferrovial SE) Headlines

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