Sonos (FRA:8SO) Asset Turnover: 0.32 (As of Mar. 2026)


FRA:8SO Sonos Inc FRA:8SO
61 GF Score
Price €11.94
GF Value €12.85
Valuation Fairly Valued
! 2 Warning Signs
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What is Sonos Asset Turnover?

Sonos FRA:8SO -2.61% 61 Asset Turnover is 0.32 as of Mar. 2026. GuruFocus rates FRA:8SO with a GF Score™ of 61/100 and a GF Value™ of €12.85 (Fairly Valued). The stock has 2 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. Sonos's Revenue for the three months ended in Mar. 2026 was €244 Mil. Sonos's Total Assets for the quarter that ended in Mar. 2026 was €768 Mil. Therefore, Sonos's Asset Turnover for the quarter that ended in Mar. 2026 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. Sonos's annualized ROE % for the quarter that ended in Mar. 2026 was -28.11%. It is also linked to ROA % through Du Pont Formula. Sonos's annualized ROA % for the quarter that ended in Mar. 2026 was -13.02%.


Sonos  (FRA:8SO) Asset Turnover Explanation

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

Sonos's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-99.944/355.537
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-99.944 / 974.08)*(974.08 / 767.8185)*(767.8185/ 355.537)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.26 %*1.2686*2.1596
=ROA %*Equity Multiplier
=-13.02 %*2.1596
=-28.11 %

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:

Sonos's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-99.944/767.8185
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-99.944 / 974.08)*(974.08 / 767.8185)
=Net Margin %*Asset Turnover
=-10.26 %*1.2686
=-13.02 %

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.


Sonos Asset Turnover Related Terms


Sonos Asset Turnover Historical Data

* Premium members only.

The historical data trend for Sonos'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.

Sonos Asset Turnover Chart

Sonos Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.63 1.45 1.55 1.61

Sonos 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 0.29 0.41 0.34 0.62 0.32

FRA:8SO vs TBCH, VUZI, GPRO: Asset Turnover Comparison

For the Consumer Electronics subindustry, Sonos'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.


Sonos Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Sonos's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sonos's Asset Turnover falls into.


FRA:8SO
61GF Score
Sonos Inc FRA:8SO
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sonos Asset Turnover Calculation

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

Sonos's Asset Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=1229.671/( (825.597+701.433)/ 2 )
=1229.671/763.515
=1.61

Sonos'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 )
=243.52/( (809.485+726.152)/ 2 )
=243.52/767.8185
=0.32

* 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 0.32 mean?
Sonos (FRA:8SO) has a Asset Turnover of 0.32 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sonos and its competitors.
Is Sonos' Asset Turnover too high?
Sonos' current Asset Turnover is 0.32. Overall, Sonos has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sonos' Asset Turnover compare to TBCH and VUZI?
Sonos' Asset Turnover of 0.32 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Sonos and its competitors. Sonos's current Asset Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonos stock overvalued right now?
Based on GuruFocus' analysis, Sonos (FRA:8SO) is currently considered Fairly Valued. The stock's GF Value™ is €12.85, compared to a current price of €11.94 — trading 7.1% below its estimated fair value. The current Asset Turnover is 0.32. Sonos' overall GF Score™ is 61/100 with 2 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 Sonos (FRA:8SO), the current Asset Turnover is 0.32 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 Sonos (FRA:8SO) Overvalued in 2026?

Based on GuruFocus' analysis, Sonos stock appears to be undervalued. The current stock price of €11.94 is trading 7.1% below its estimated GF Value™ of €12.85. GuruFocus considers Sonos to be Fairly Valued.

Key valuation signals for FRA:8SO:

  • Asset Turnover: 0.32
  • GF Value™: €12.85 vs. price of €11.94 (7.1% below fair value)
  • GF Score™: 61/100 with 2 warning signs

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


Sonos Business Description

Other Exchanges SONO:USA0ZFN:UK8SO:Germany
Address 301 Coromar Drive, Santa Barbara, CA, USA, 93117
Sonos Inc is an audio company dedicated to elevating life through sound, offering a connected platform that brings together music, movies, stories, and conversations. Its portfolio includes home theater speakers, components, plug-in and portable speakers and headphones, known for exceptional sound, thoughtful design, ease of use and seamless access to audio content. Its partner products and other revenue categories include accessories for home integration, such as custom-designed stands, mounts, and shelving units, along with partnerships for architectural speakers and automotive sound systems, as well as licensing, advertising revenue, and subscription-based services. The company operates in the United States and other countries, with the majority of revenue coming from the United States.
61GF Score

Get the complete analysis for FRA:8SO

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

€11.94
Price
€12.85
GF Value