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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Krispy Kreme's Revenue for the
three
months ended in Mar. 2026 was €317 Mil. Krispy Kreme's Total Assets for the quarter that ended in Mar. 2026 was €2,139 Mil. Therefore, Krispy Kreme's Asset Turnover for the quarter that ended in Mar. 2026 was 0.15.
Asset Turnover is linked to ROE % through Du Pont Formula. Krispy Kreme's annualizedROE % for the quarter that ended in Mar. 2026 was -14.31%. It is also linked to ROA % through Du Pont Formula. Krispy Kreme's annualizedROA % for the quarter that ended in Mar. 2026 was -3.68%.
Krispy Kreme (FRA:9YM) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Krispy Kreme's annulizedROE % for the quarter that ended in Mar. 2026 is
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:
Krispy Kreme's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Krispy Kreme Asset Turnover Related Terms
Krispy Kreme Asset Turnover Historical Data
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The historical data trend for Krispy Kreme'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.
FRA:9YM vs VLGEA, YSWY, NGVC: Asset Turnover Comparison
For the Grocery Stores subindustry, Krispy Kreme'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.
Krispy Kreme Asset Turnover vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Krispy Kreme's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Krispy Kreme's Asset Turnover falls into.
* 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.
Krispy Kreme (FRA:9YM) has a Asset Turnover of 0.15 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Krispy Kreme and its competitors.
Is Krispy Kreme's Asset Turnover too high?
Krispy Kreme's current Asset Turnover is 0.15. Overall, Krispy Kreme has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Krispy Kreme's Asset Turnover compare to VLGEA and YSWY?
Krispy Kreme's Asset Turnover of 0.15 can be compared against companies in the Retail - Defensive 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 - Defensive company?
A good Asset Turnover depends on the Retail - Defensive 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 Krispy Kreme and its competitors. Krispy Kreme's current Asset Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krispy Kreme stock overvalued right now?
Based on GuruFocus' analysis, Krispy Kreme (FRA:9YM) is currently considered Possible Value Trap. The stock's GF Value™ is €7.43, compared to a current price of €2.95 — trading 60.3% below its estimated fair value. The current Asset Turnover is 0.15. Krispy Kreme's overall GF Score™ is 56/100 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 Krispy Kreme (FRA:9YM), the current Asset Turnover is 0.15 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 Krispy Kreme (FRA:9YM) Overvalued in 2026?
Based on GuruFocus' analysis, Krispy Kreme stock appears to be undervalued.
The current stock price of €2.95 is trading 60.3% below its estimated GF Value™ of €7.43.
GuruFocus considers Krispy Kreme to be Possible Value Trap.
Key valuation signals for FRA:9YM:
Asset Turnover: 0.15
GF Value™: €7.43 vs. price of €2.95 (60.3% below fair value)
No single metric tells the full story. See the FRA:9YM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Krispy Kreme Inc is a sweet-treat brand company. The company's Original Glazed doughnut is recognized for its hot-off-the-line, melt-in-mouth experience. It operates through its network of fresh Doughnut Shops, partnerships with retailers, and a growing e-commerce and delivery business. The company conducts its business through the following three reported segments: U.S., which includes all operations in the United States; International, which includes operations in the U.K., Ireland, Australia, New Zealand, Canada, Japan, and Mexico; and Market Development, which includes franchise operations world-wide. It derives maximum revenue from the U.S. segment.
56GF Score
Get the complete analysis for FRA:9YM
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