Organe De Asamblare Brasov (BSE:ORAS) Asset Turnover: 0.09 (As of Sep. 2023)

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BSE:ORAS Organe De Asamblare SA Brasov BSE:ORAS
8 GF Score
Price lei0.29
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What is Organe De Asamblare Brasov Asset Turnover?

Organe De Asamblare Brasov BSE:ORAS 8 Asset Turnover is 0.09 as of Sep. 2023. GuruFocus rates BSE:ORAS with a GF Score™ of 8/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Organe De Asamblare Brasov's Revenue for the three months ended in Sep. 2023 was lei0.06 Mil. Organe De Asamblare Brasov's Total Assets for the quarter that ended in Sep. 2023 was lei0.61 Mil. Therefore, Organe De Asamblare Brasov's Asset Turnover for the quarter that ended in Sep. 2023 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Organe De Asamblare Brasov's annualized ROE % for the quarter that ended in Sep. 2023 was -77.68%. It is also linked to ROA % through Du Pont Formula. Organe De Asamblare Brasov's annualized ROA % for the quarter that ended in Sep. 2023 was 88.45%.


Organe De Asamblare Brasov  (BSE:ORAS) Asset Turnover Explanation

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

Organe De Asamblare Brasov's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=0.536/-0.69
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.536 / 0.224)*(0.224 / 0.606)*(0.606/ -0.69)
=Net Margin %*Asset Turnover*Equity Multiplier
=239.29 %*0.3696*-0.8783
=ROA %*Equity Multiplier
=88.45 %*-0.8783
=-77.68 %

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

Organe De Asamblare Brasov's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=0.536/0.606
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.536 / 0.224)*(0.224 / 0.606)
=Net Margin %*Asset Turnover
=239.29 %*0.3696
=88.45 %

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


Organe De Asamblare Brasov Asset Turnover Related Terms


Organe De Asamblare Brasov Asset Turnover Historical Data

* Premium members only.

The historical data trend for Organe De Asamblare Brasov'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.

Organe De Asamblare Brasov Asset Turnover Chart

Organe De Asamblare Brasov Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial 0.03 0.04 0.03 0.05 0.05

Organe De Asamblare Brasov Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.01 0.01 0.04 0.02 0.09

BSE:ORAS vs SWK, SNA, TTC: Asset Turnover Comparison

For the Tools & Accessories subindustry, Organe De Asamblare Brasov'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.


Organe De Asamblare Brasov Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Organe De Asamblare Brasov's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Organe De Asamblare Brasov's Asset Turnover falls into.


BSE:ORAS
8GF Score
Organe De Asamblare SA Brasov BSE:ORAS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Organe De Asamblare Brasov Asset Turnover Calculation

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

Organe De Asamblare Brasov's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0.257/( (6.021+4.906)/ 2 )
=0.257/5.4635
=0.05

Organe De Asamblare Brasov's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.056/( (0.532+0.68)/ 2 )
=0.056/0.606
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.09 mean?
Organe De Asamblare Brasov (BSE:ORAS) has a Asset Turnover of 0.09 as of Sep. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Organe De Asamblare Brasov and its competitors.
Is Organe De Asamblare Brasov's Asset Turnover too high?
Organe De Asamblare Brasov's current Asset Turnover is 0.09. Overall, Organe De Asamblare Brasov has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Organe De Asamblare Brasov's Asset Turnover compare to SWK and SNA?
Organe De Asamblare Brasov's Asset Turnover of 0.09 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Organe De Asamblare Brasov and its competitors. Organe De Asamblare Brasov's current Asset Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Organe De Asamblare Brasov stock overvalued right now?
Organe De Asamblare Brasov (BSE:ORAS) has a current Asset Turnover of 0.09. The current Asset Turnover is 0.09. Organe De Asamblare Brasov's overall GF Score™ is 8/100. 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 Organe De Asamblare Brasov (BSE:ORAS), the current Asset Turnover is 0.09 as of Sep. 2023. 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.

Organe De Asamblare Brasov Business Description

Address 113 Zizinului street, Brasov, ROU, 500407
Organe De Asamblare SA Brasov manufactures and sells fasteners in Romania. It offers bolts, screws, nuts, and rivets. The company also provides heat treatment improvement, zinc protection covering, and threading-tapping services. It serves automotive, machine-tools, railway, building, mining, wood processing, and metal construction industries.
8GF Score

Get the complete analysis for BSE:ORAS

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

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