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Puig Brands (FRA:B1B) Asset Turnover : 0.31 (As of Dec. 2024)


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What is Puig Brands Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Puig Brands's Revenue for the six months ended in Dec. 2024 was €2,619 Mil. Puig Brands's Total Assets for the quarter that ended in Dec. 2024 was €8,407 Mil. Therefore, Puig Brands's Asset Turnover for the quarter that ended in Dec. 2024 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. Puig Brands's annualized ROE % for the quarter that ended in Dec. 2024 was 23.35%. It is also linked to ROA % through Du Pont Formula. Puig Brands's annualized ROA % for the quarter that ended in Dec. 2024 was 8.96%.


Puig Brands Asset Turnover Historical Data

The historical data trend for Puig Brands'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.

Puig Brands Asset Turnover Chart

Puig Brands Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Asset Turnover
0.51 0.59 0.58 0.59

Puig Brands Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Asset Turnover Get a 7-Day Free Trial - 0.28 0.30 0.27 0.31

Competitive Comparison of Puig Brands's Asset Turnover

For the Household & Personal Products subindustry, Puig Brands'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.


Puig Brands's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Puig Brands's Asset Turnover distribution charts can be found below:

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


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Puig Brands Asset Turnover Calculation

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

Puig Brands'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 )
=4789.779/( (7711.288+8603.2)/ 2 )
=4789.779/8157.244
=0.59

Puig Brands's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=2618.557/( (8211.278+8603.2)/ 2 )
=2618.557/8407.239
=0.31

* 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.


Puig Brands  (FRA:B1B) Asset Turnover Explanation

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

Puig Brands's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=753.64/3227.5545
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(753.64 / 5237.114)*(5237.114 / 8407.239)*(8407.239/ 3227.5545)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.39 %*0.6229*2.6048
=ROA %*Equity Multiplier
=8.96 %*2.6048
=23.35 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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:

Puig Brands's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=753.64/8407.239
=(Net Income / Revenue)*(Revenue / Total Assets)
=(753.64 / 5237.114)*(5237.114 / 8407.239)
=Net Margin %*Asset Turnover
=14.39 %*0.6229
=8.96 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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.


Puig Brands Asset Turnover Related Terms

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Puig Brands Business Description

Traded in Other Exchanges
Address
Plaza Europa 46-48, L Hospitalet de Llobregat, Barcelona, ESP, 08902
Puig is a premium beauty product maker that focuses on fragrances (76% of 2024 sales), with more limited exposure to color cosmetics (16%) and skincare (11%). Through a series of acquisitions, Puig has built a premium portfolio, including brands such as Rabanne, Carolina Herrera, Byredo, L'Artisan Parfumeur, Penhaligon's, Dries Van Noten, and Charlotte Tilbury, which contributes 95% of total sales. It also has long-term licensing agreements with Christian Louboutin, Adolfo Dominguez, and Antonio Banderas. Puig generates close to 55% of sales from Europe, 36% from the Americas, and 9% from Asia. The Puig family owns 70% of the economic interests in the company and 94% of the voting rights via a dual-class share structure.

Puig Brands Headlines

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