GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Joao Fortes Engenharia SA (BSP:JFEN3) » Definitions » Asset Turnover

Joao Fortes Engenharia (BSP:JFEN3) Asset Turnover : 0.09 (As of Mar. 2025)


View and export this data going back to 2007. Start your Free Trial

What is Joao Fortes Engenharia Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Joao Fortes Engenharia's Revenue for the three months ended in Mar. 2025 was R$78.5 Mil. Joao Fortes Engenharia's Total Assets for the quarter that ended in Mar. 2025 was R$839.3 Mil. Therefore, Joao Fortes Engenharia's Asset Turnover for the quarter that ended in Mar. 2025 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Joao Fortes Engenharia's annualized ROE % for the quarter that ended in Mar. 2025 was 864.79%. It is also linked to ROA % through Du Pont Formula. Joao Fortes Engenharia's annualized ROA % for the quarter that ended in Mar. 2025 was -19.40%.


Joao Fortes Engenharia Asset Turnover Historical Data

The historical data trend for Joao Fortes Engenharia'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.

Joao Fortes Engenharia Asset Turnover Chart

Joao Fortes Engenharia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 - 0.01 0.08 0.17

Joao Fortes Engenharia Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.02 0.08 0.03 0.05 0.09

Competitive Comparison of Joao Fortes Engenharia's Asset Turnover

For the Real Estate Services subindustry, Joao Fortes Engenharia'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.


Joao Fortes Engenharia's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Joao Fortes Engenharia's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Joao Fortes Engenharia's Asset Turnover falls into.


;
;

Joao Fortes Engenharia Asset Turnover Calculation

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

Joao Fortes Engenharia's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=166.984/( (1057.095+857.867)/ 2 )
=166.984/957.481
=0.17

Joao Fortes Engenharia's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=78.53/( (857.867+820.667)/ 2 )
=78.53/839.267
=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.


Joao Fortes Engenharia  (BSP:JFEN3) Asset Turnover Explanation

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

Joao Fortes Engenharia's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=-162.844/-18.8305
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-162.844 / 314.12)*(314.12 / 839.267)*(839.267/ -18.8305)
=Net Margin %*Asset Turnover*Equity Multiplier
=-51.84 %*0.3743*-44.5696
=ROA %*Equity Multiplier
=-19.40 %*-44.5696
=864.79 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) 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:

Joao Fortes Engenharia's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=-162.844/839.267
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-162.844 / 314.12)*(314.12 / 839.267)
=Net Margin %*Asset Turnover
=-51.84 %*0.3743
=-19.40 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) 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.


Joao Fortes Engenharia Asset Turnover Related Terms

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


Joao Fortes Engenharia Business Description

Traded in Other Exchanges
N/A
Address
Av Das Americas, 500, Bl. 19, Salas 105 a 108, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22640100
Joao Fortes Engenharia SA is engaged in the development, marketing and management of residential, commercial and industrial building, such as residential houses, commercial and business centers, corporate headquarters, hotels and special projects.

Joao Fortes Engenharia Headlines

No Headlines