Anan Investment Holding PJSC (ADX:ANAN) Asset Turnover: 0.08 (As of Jun. 2019)


What is Anan Investment Holding PJSC Asset Turnover?

Anan Investment Holding PJSC ADX:ANAN +2.50% Asset Turnover is 0.08 as of Jun. 2019.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Anan Investment Holding PJSC's Revenue for the six months ended in Jun. 2019 was د.إ467 Mil. Anan Investment Holding PJSC's Total Assets for the quarter that ended in Jun. 2019 was د.إ5,881 Mil. Therefore, Anan Investment Holding PJSC's Asset Turnover for the quarter that ended in Jun. 2019 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Anan Investment Holding PJSC's annualized ROE % for the quarter that ended in Jun. 2019 was 6.57%. It is also linked to ROA % through Du Pont Formula. Anan Investment Holding PJSC's annualized ROA % for the quarter that ended in Jun. 2019 was 2.80%.

Anan Investment Holding PJSC  (ADX:ANAN) Asset Turnover Explanation

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

Anan Investment Holding PJSC's annulized ROE % for the quarter that ended in Jun. 2019 is

ROE %**(Q: Jun. 2019 )
=Net Income/Total Stockholders Equity
=164.648/2507.75
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(164.648 / 933.59)*(933.59 / 5881.4865)*(5881.4865/ 2507.75)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.64 %*0.1587*2.3453
=ROA %*Equity Multiplier
=2.80 %*2.3453
=6.57 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2019) net income data. The Revenue data used here is two times the semi-annual (Jun. 2019) 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:

Anan Investment Holding PJSC's annulized ROA % for the quarter that ended in Jun. 2019 is

ROA %(Q: Jun. 2019 )
=Net Income/Total Assets
=164.648/5881.4865
=(Net Income / Revenue)*(Revenue / Total Assets)
=(164.648 / 933.59)*(933.59 / 5881.4865)
=Net Margin %*Asset Turnover
=17.64 %*0.1587
=2.80 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2019) net income data. The Revenue data used here is two times the semi-annual (Jun. 2019) 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.

Anan Investment Holding PJSC Asset Turnover Related Terms

Anan Investment Holding PJSC Asset Turnover Historical Data

* Premium members only.

The historical data trend for Anan Investment Holding PJSC'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.

Anan Investment Holding PJSC Asset Turnover Chart

Anan Investment Holding PJSC Annual Data
Trend Dec17 Dec18
Asset Turnover
0.05 0.38

Anan Investment Holding PJSC Semi-Annual Data
Dec17 Jun18 Dec18 Jun19
Asset Turnover 0.00 3.10 0.13 0.08

Anan Investment Holding PJSC Asset Turnover Competitor Comparison

For the Real Estate - Development subindustry, Anan Investment Holding PJSC'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.

Anan Investment Holding PJSC Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Anan Investment Holding PJSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Anan Investment Holding PJSC's Asset Turnover falls into.


Anan Investment Holding PJSC Asset Turnover Calculation

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

Anan Investment Holding PJSC's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=1149.743/( (128.064+5932.433)/ 2 )
=1149.743/3030.2485
=0.38

Anan Investment Holding PJSC's Asset Turnover for the quarter that ended in Jun. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Jun. 2019 ))/ count )
=466.795/( (5932.433+5830.54)/ 2 )
=466.795/5881.4865
=0.08

* 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 0.08 mean?
Anan Investment Holding PJSC (ADX:ANAN) has a Asset Turnover of 0.08 as of Jun. 2019. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Anan Investment Holding PJSC and its competitors.
Is Anan Investment Holding PJSC's Asset Turnover too high?
Anan Investment Holding PJSC's current Asset Turnover is 0.08.
How does Anan Investment Holding PJSC's Asset Turnover compare to competitors?
Anan Investment Holding PJSC's Asset Turnover of 0.08 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Anan Investment Holding PJSC and its competitors. Anan Investment Holding PJSC's current Asset Turnover is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anan Investment Holding PJSC stock overvalued right now?
Anan Investment Holding PJSC (ADX:ANAN) has a current Asset Turnover of 0.08. The current Asset Turnover is 0.08. 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 Anan Investment Holding PJSC (ADX:ANAN), the current Asset Turnover is 0.08 as of Jun. 2019. 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.

Anan Investment Holding PJSC Business Description

Address Kan'ad Street, Zone 1, Fotouh Al Khair Center, Tower No. 1, Floor No. 0, Office No. 2, Abu Dhabi, ARE
Anan Investment Holding PJSC is engaged in developing, investing in, and managing real estate properties. The company's operations are focused on real estate development. investment and marketing in various sectors, including tourism, industry, and others. Its project profile includes Wahat Alzaweya, Aryaf, Nasayem, Shamma Centre, Waha Living, Marya Boutique, and others.