Topsports International Holdings (FRA:8NF) Asset Turnover: 0.89 (As of Feb. 2026)


FRA:8NF Topsports International Holdings Ltd FRA:8NF
84 GF Score
Price €0.22
GF Value €0.35
! 6 Warning Signs
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What is Topsports International Holdings Asset Turnover?

Topsports International Holdings FRA:8NF -13.56% 84 Asset Turnover is 0.89 as of Feb. 2026. GuruFocus rates FRA:8NF with a GF Score™ of 84/100 and a GF Value™ of €0.35. The stock has 6 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. Topsports International Holdings's Revenue for the six months ended in Feb. 2026 was €1,646 Mil. Topsports International Holdings's Total Assets for the quarter that ended in Feb. 2026 was €1,842 Mil. Therefore, Topsports International Holdings's Asset Turnover for the quarter that ended in Feb. 2026 was 0.89.

Asset Turnover is linked to ROE % through Du Pont Formula. Topsports International Holdings's annualized ROE % for the quarter that ended in Feb. 2026 was 10.98%. It is also linked to ROA % through Du Pont Formula. Topsports International Holdings's annualized ROA % for the quarter that ended in Feb. 2026 was 6.35%.


Topsports International Holdings  (FRA:8NF) Asset Turnover Explanation

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

Topsports International Holdings's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=117.032/1065.474
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(117.032 / 3292.986)*(3292.986 / 1841.8075)*(1841.8075/ 1065.474)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.55 %*1.7879*1.7286
=ROA %*Equity Multiplier
=6.35 %*1.7286
=10.98 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

Topsports International Holdings's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=117.032/1841.8075
=(Net Income / Revenue)*(Revenue / Total Assets)
=(117.032 / 3292.986)*(3292.986 / 1841.8075)
=Net Margin %*Asset Turnover
=3.55 %*1.7879
=6.35 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Topsports International Holdings Asset Turnover Related Terms


Topsports International Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Topsports International Holdings'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.

Topsports International Holdings Asset Turnover Chart

Topsports International Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 1.55 1.79 1.86 1.71

Topsports International Holdings Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 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 0.99 0.88 0.96 0.75 0.89

FRA:8NF vs TJX, ROST, BURL: Asset Turnover Comparison

For the Apparel Retail subindustry, Topsports International Holdings'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.


Topsports International Holdings Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Topsports International Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Topsports International Holdings's Asset Turnover falls into.


FRA:8NF
84GF Score
Topsports International Holdings Ltd FRA:8NF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Topsports International Holdings Asset Turnover Calculation

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

Topsports International Holdings's Asset Turnover for the fiscal year that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2026 )/( (Total Assets (A: Feb. 2025 )+Total Assets (A: Feb. 2026 ))/ count )
=3153.011/( (1966.948+1723.102)/ 2 )
=3153.011/1845.025
=1.71

Topsports International Holdings'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: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=1646.493/( (1960.513+1723.102)/ 2 )
=1646.493/1841.8075
=0.89

* 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 0.89 mean?
Topsports International Holdings (FRA:8NF) has a Asset Turnover of 0.89 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Topsports International Holdings and its competitors.
Is Topsports International Holdings' Asset Turnover too high?
Topsports International Holdings' current Asset Turnover is 0.89. Overall, Topsports International Holdings has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Topsports International Holdings' Asset Turnover compare to TJX and ROST?
Topsports International Holdings' Asset Turnover of 0.89 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical 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 Topsports International Holdings and its competitors. Topsports International Holdings's current Asset Turnover is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topsports International Holdings stock overvalued right now?
Topsports International Holdings (FRA:8NF) has a current Asset Turnover of 0.89. The stock's GF Value™ is €0.35, compared to a current price of €0.22 — trading 37% below its estimated fair value. The current Asset Turnover is 0.89. Topsports International Holdings' overall GF Score™ is 84/100 with 6 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 Topsports International Holdings (FRA:8NF), the current Asset Turnover is 0.89 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 Topsports International Holdings (FRA:8NF) Overvalued in 2026?

Based on GuruFocus' analysis, Topsports International Holdings stock appears to be undervalued. The current stock price of €0.22 is trading 37% below its estimated GF Value™ of €0.35.

Key valuation signals for FRA:8NF:

  • Asset Turnover: 0.89
  • GF Value™: €0.35 vs. price of €0.22 (37% below fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the FRA:8NF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topsports International Holdings Business Description

Other Exchanges TPSRF:USA06110:Hong Kong
Address 30-34 Kwai Wing Road, M1, 6th Floor, The Edge, Kwai Chung, Kowloon, New Territories, Hong Kong, HKG
Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers. The firm operates more than 4,000 stores directly as of the end of fiscal 2026, and most of these single-brand stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. Topsports also has partnerships with sportswear brands such as Puma, Li-Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.
84GF Score

Get the complete analysis for FRA:8NF

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

€0.22
Price
€0.35
GF Value