Banestes Banco Estado Espirito (BSP:BEES4) Asset Turnover: 0.01 (As of Mar. 2026)


BSP:BEES4 Banestes SA Banco Estado Espirito BSP:BEES4
58 GF Score
Price R$8.72
GF Value R$7.78
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Banestes Banco Estado Espirito Asset Turnover?

Banestes Banco Estado Espirito BSP:BEES4 -0.91% 58 Asset Turnover is 0.01 as of Mar. 2026. GuruFocus rates BSP:BEES4 with a GF Score™ of 58/100 and a GF Value™ of R$7.78 (Modestly Overvalued). The stock has 7 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. Banestes Banco Estado Espirito's Revenue for the three months ended in Mar. 2026 was R$514 Mil. Banestes Banco Estado Espirito's Total Assets for the quarter that ended in Mar. 2026 was R$39,807 Mil. Therefore, Banestes Banco Estado Espirito's Asset Turnover for the quarter that ended in Mar. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Banestes Banco Estado Espirito's annualized ROE % for the quarter that ended in Mar. 2026 was 16.04%. It is also linked to ROA % through Du Pont Formula. Banestes Banco Estado Espirito's annualized ROA % for the quarter that ended in Mar. 2026 was 0.98%.


Banestes Banco Estado Espirito  (BSP:BEES4) Asset Turnover Explanation

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

Banestes Banco Estado Espirito's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=391.424/2440.9275
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(391.424 / 2055.388)*(2055.388 / 39807.316)*(39807.316/ 2440.9275)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.04 %*0.0516*16.3083
=ROA %*Equity Multiplier
=0.98 %*16.3083
=16.04 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Banestes Banco Estado Espirito's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=391.424/39807.316
=(Net Income / Revenue)*(Revenue / Total Assets)
=(391.424 / 2055.388)*(2055.388 / 39807.316)
=Net Margin %*Asset Turnover
=19.04 %*0.0516
=0.98 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Banestes Banco Estado Espirito Asset Turnover Related Terms


Banestes Banco Estado Espirito Asset Turnover Historical Data

* Premium members only.

The historical data trend for Banestes Banco Estado Espirito'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.

Banestes Banco Estado Espirito Asset Turnover Chart

Banestes Banco Estado Espirito Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.04 0.05 0.05

Banestes Banco Estado Espirito Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.01 0.01 0.01

Banestes Banco Estado Espirito Asset Turnover Competitor Comparison

For the Banks - Regional subindustry, Banestes Banco Estado Espirito'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.


Banestes Banco Estado Espirito Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, Banestes Banco Estado Espirito's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Banestes Banco Estado Espirito's Asset Turnover falls into.


BSP:BEES4
58GF Score
Banestes SA Banco Estado Espirito BSP:BEES4
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Banestes Banco Estado Espirito Asset Turnover Calculation

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

Banestes Banco Estado Espirito'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 )
=1885.558/( (36916.911+39684.811)/ 2 )
=1885.558/38300.861
=0.05

Banestes Banco Estado Espirito's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=513.847/( (39684.811+39929.821)/ 2 )
=513.847/39807.316
=0.01

* 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 0.01 mean?
Banestes Banco Estado Espirito (BSP:BEES4) has a Asset Turnover of 0.01 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Banestes Banco Estado Espirito and its competitors.
Is Banestes Banco Estado Espirito's Asset Turnover too high?
Banestes Banco Estado Espirito's current Asset Turnover is 0.01. Overall, Banestes Banco Estado Espirito has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banestes Banco Estado Espirito's Asset Turnover compare to competitors?
Banestes Banco Estado Espirito's Asset Turnover of 0.01 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 Banestes Banco Estado Espirito and its competitors. Banestes Banco Estado Espirito's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banestes Banco Estado Espirito stock overvalued right now?
Based on GuruFocus' analysis, Banestes Banco Estado Espirito (BSP:BEES4) is currently considered Modestly Overvalued. The stock's GF Value™ is R$7.78, compared to a current price of R$8.72 — trading 12.1% above its estimated fair value. The current Asset Turnover is 0.01. Banestes Banco Estado Espirito's overall GF Score™ is 58/100 with 7 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 Banestes Banco Estado Espirito (BSP:BEES4), the current Asset Turnover is 0.01 as of Mar. 2026. 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 Banestes Banco Estado Espirito (BSP:BEES4) Overvalued in 2026?

Based on GuruFocus' analysis, Banestes Banco Estado Espirito stock appears to be overvalued. The current stock price of R$8.72 is trading 12.1% above its estimated GF Value™ of R$7.78. GuruFocus considers Banestes Banco Estado Espirito to be Modestly Overvalued.

Key valuation signals for BSP:BEES4:

  • Asset Turnover: 0.01
  • GF Value™: R$7.78 vs. price of R$8.72 (12.1% above fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the BSP:BEES4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banestes Banco Estado Espirito Business Description

Other Exchanges BEES3:Brazil
Address Avenue Princesa Isabel, 574, Bloco B - 9th floor - Ed. Palas, Centro, Vitoria, ES, BRA, 29010-031
Banestes SA Banco Estado Espirito operates as a bank. Its activities are focused on the credit operations. It also operates in foreign exchange market, offering products geared mainly to finance imports and exports like letter of credit. The Bank offers credit, securities brokerage services, foreign exchange, and other financial services.
58GF Score

Get the complete analysis for BSP:BEES4

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

R$8.72
Price
R$7.78
GF Value