H & M Hennes & Mauritz AB (CHIX:HMBS) Asset Turnover: 0.30 (As of Feb. 2026)


CHIX:HMBS H & M Hennes & Mauritz AB CHIX:HMBS
74 GF Score
Price kr166.08
GF Value kr155.07
Valuation Fairly Valued
! 3 Warning Signs
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What is H & M Hennes & Mauritz AB Asset Turnover?

H & M Hennes & Mauritz AB CHIX:HMBS +0.50% 74 Asset Turnover is 0.30 as of Feb. 2026. GuruFocus rates CHIX:HMBS with a GF Score™ of 74/100 and a GF Value™ of kr155.07 (Fairly Valued). The stock has 3 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. H & M Hennes & Mauritz AB's Revenue for the three months ended in Feb. 2026 was kr49,607 Mil. H & M Hennes & Mauritz AB's Total Assets for the quarter that ended in Feb. 2026 was kr167,183 Mil. Therefore, H & M Hennes & Mauritz AB's Asset Turnover for the quarter that ended in Feb. 2026 was 0.30.

Asset Turnover is linked to ROE % through Du Pont Formula. H & M Hennes & Mauritz AB's annualized ROE % for the quarter that ended in Feb. 2026 was 6.87%. It is also linked to ROA % through Du Pont Formula. H & M Hennes & Mauritz AB's annualized ROA % for the quarter that ended in Feb. 2026 was 1.73%.


H & M Hennes & Mauritz AB  (CHIX:HMBs) Asset Turnover Explanation

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

H & M Hennes & Mauritz AB's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=2896/42170.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2896 / 198428)*(198428 / 167182.5)*(167182.5/ 42170.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.46 %*1.1869*3.9644
=ROA %*Equity Multiplier
=1.73 %*3.9644
=6.87 %

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

H & M Hennes & Mauritz AB's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=2896/167182.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2896 / 198428)*(198428 / 167182.5)
=Net Margin %*Asset Turnover
=1.46 %*1.1869
=1.73 %

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


H & M Hennes & Mauritz AB Asset Turnover Related Terms


H & M Hennes & Mauritz AB Asset Turnover Historical Data

* Premium members only.

The historical data trend for H & M Hennes & Mauritz AB'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.

H & M Hennes & Mauritz AB Asset Turnover Chart

H & M Hennes & Mauritz AB Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.24 1.30 1.30 1.30

H & M Hennes & Mauritz AB Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.31 0.33 0.34 0.35 0.30

CHIX:HMBS vs RL, LEVI, VFC: Asset Turnover Comparison

For the Apparel Manufacturing subindustry, H & M Hennes & Mauritz AB'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.


H & M Hennes & Mauritz AB Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, H & M Hennes & Mauritz AB's Asset Turnover distribution charts can be found below:

* The bar in red indicates where H & M Hennes & Mauritz AB's Asset Turnover falls into.


CHIX:HMBS
74GF Score
H & M Hennes & Mauritz AB CHIX:HMBS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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H & M Hennes & Mauritz AB Asset Turnover Calculation

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

H & M Hennes & Mauritz AB's Asset Turnover for the fiscal year that ended in Nov. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2025 )/( (Total Assets (A: Nov. 2024 )+Total Assets (A: Nov. 2025 ))/ count )
=228285/( (180214+170273)/ 2 )
=228285/175243.5
=1.30

H & M Hennes & Mauritz AB's Asset Turnover for the quarter that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Nov. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=49607/( (170273+164092)/ 2 )
=49607/167182.5
=0.30

* 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 0.30 mean?
H & M Hennes & Mauritz AB (CHIX:HMBS) has a Asset Turnover of 0.30 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on H & M Hennes & Mauritz AB and its competitors.
Is H & M Hennes & Mauritz AB's Asset Turnover too high?
H & M Hennes & Mauritz AB's current Asset Turnover is 0.30. Overall, H & M Hennes & Mauritz AB has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H & M Hennes & Mauritz AB's Asset Turnover compare to RL and LEVI?
H & M Hennes & Mauritz AB's Asset Turnover of 0.30 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories 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 H & M Hennes & Mauritz AB and its competitors. H & M Hennes & Mauritz AB's current Asset Turnover is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H & M Hennes & Mauritz AB stock overvalued right now?
Based on GuruFocus' analysis, H & M Hennes & Mauritz AB (CHIX:HMBS) is currently considered Fairly Valued. The stock's GF Value™ is kr155.07, compared to a current price of kr166.08 — trading 7.1% above its estimated fair value. The current Asset Turnover is 0.30. H & M Hennes & Mauritz AB's overall GF Score™ is 74/100 with 3 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 H & M Hennes & Mauritz AB (CHIX:HMBS), the current Asset Turnover is 0.30 as of Feb. 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 H & M Hennes & Mauritz AB (CHIX:HMBS) Overvalued in 2026?

Based on GuruFocus' analysis, H & M Hennes & Mauritz AB stock appears to be overvalued. The current stock price of kr166.08 is trading 7.1% above its estimated GF Value™ of kr155.07. GuruFocus considers H & M Hennes & Mauritz AB to be Fairly Valued.

Key valuation signals for CHIX:HMBS:

  • Asset Turnover: 0.30
  • GF Value™: kr155.07 vs. price of kr166.08 (7.1% above fair value)
  • GF Score™: 74/100 with 3 warning signs

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


H & M Hennes & Mauritz AB Business Description

Address Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38
The H&M Group is a global multi-brand fashion conglomerate founded in 1947. Its flagship brand, H&M, generates the majority of the group's revenue, while ARKET, COS, and the secondhand platform Sellpy represent key sources of future growth. Geographically, 34% of group revenues are generated in Western Europe, followed by North and South America at 23%, and both Southern Europe and Asia, Oceania, and Africa at 13% each. The Nordic region accounts for approximately 9% of total sales.The company operates 4,101 stores (3,660 attributable to H&M brand) across 81 markets worldwide, the majority of which are leased. Online sales contributed slightly above 30% of total group revenue in financial 2025 .
74GF Score

Get the complete analysis for CHIX:HMBS

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

kr166.08
Price
kr155.07
GF Value