Ease2pay NV (FRA:DOC2) Asset Turnover: 0.23 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:DOC2 Ease2pay NV FRA:DOC2
50 GF Score
Price €0.41
GF Value €0.69
Valuation Possible Value Trap
! 1 Warning Sign
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What is Ease2pay NV Asset Turnover?

Ease2pay NV FRA:DOC2 -0.73% 50 Asset Turnover is 0.23 as of Dec. 2025. GuruFocus rates FRA:DOC2 with a GF Score™ of 50/100 and a GF Value™ of €0.69 (Possible Value Trap). The stock has 1 warning sign 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. Ease2pay NV's Revenue for the six months ended in Dec. 2025 was €2.16 Mil. Ease2pay NV's Total Assets for the quarter that ended in Dec. 2025 was €9.37 Mil. Therefore, Ease2pay NV's Asset Turnover for the quarter that ended in Dec. 2025 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Ease2pay NV's annualized ROE % for the quarter that ended in Dec. 2025 was 13.70%. It is also linked to ROA % through Du Pont Formula. Ease2pay NV's annualized ROA % for the quarter that ended in Dec. 2025 was 9.63%.


Ease2pay NV  (FRA:DOC2) Asset Turnover Explanation

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

Ease2pay NV's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=0.902/6.5835
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.902 / 4.318)*(4.318 / 9.37)*(9.37/ 6.5835)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.89 %*0.4608*1.4233
=ROA %*Equity Multiplier
=9.63 %*1.4233
=13.70 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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:

Ease2pay NV's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=0.902/9.37
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.902 / 4.318)*(4.318 / 9.37)
=Net Margin %*Asset Turnover
=20.89 %*0.4608
=9.63 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


Ease2pay NV Asset Turnover Related Terms


Ease2pay NV Asset Turnover Historical Data

* Premium members only.

The historical data trend for Ease2pay NV'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.

Ease2pay NV Asset Turnover Chart

Ease2pay NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.51 0.26 0.32 0.43

Ease2pay NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.12 0.15 0.18 0.21 0.23

FRA:DOC2 vs MSFT, ORCL, PLTR: Asset Turnover Comparison

For the Software - Infrastructure subindustry, Ease2pay NV'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.


Ease2pay NV Asset Turnover vs Software Industry

For the Software industry and Technology sector, Ease2pay NV's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ease2pay NV's Asset Turnover falls into.


FRA:DOC2
50GF Score
Ease2pay NV FRA:DOC2
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ease2pay NV Asset Turnover Calculation

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

Ease2pay NV's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=3.896/( (8.134+10.024)/ 2 )
=3.896/9.079
=0.43

Ease2pay NV's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=2.159/( (8.716+10.024)/ 2 )
=2.159/9.37
=0.23

* 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 0.23 mean?
Ease2pay NV (FRA:DOC2) has a Asset Turnover of 0.23 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ease2pay NV and its competitors.
Is Ease2pay NV's Asset Turnover too high?
Ease2pay NV's current Asset Turnover is 0.23. Overall, Ease2pay NV has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ease2pay NV's Asset Turnover compare to MSFT and ORCL?
Ease2pay NV's Asset Turnover of 0.23 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Ease2pay NV and its competitors. Ease2pay NV's current Asset Turnover is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ease2pay NV stock overvalued right now?
Based on GuruFocus' analysis, Ease2pay NV (FRA:DOC2) is currently considered Possible Value Trap. The stock's GF Value™ is €0.69, compared to a current price of €0.41 — trading 40.7% below its estimated fair value. The current Asset Turnover is 0.23. Ease2pay NV's overall GF Score™ is 50/100 with 1 warning sign 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 Ease2pay NV (FRA:DOC2), the current Asset Turnover is 0.23 as of Dec. 2025. 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 Ease2pay NV (FRA:DOC2) Overvalued in 2026?

Based on GuruFocus' analysis, Ease2pay NV stock appears to be undervalued. The current stock price of €0.41 is trading 40.7% below its estimated GF Value™ of €0.69. GuruFocus considers Ease2pay NV to be Possible Value Trap.

Key valuation signals for FRA:DOC2:

  • Asset Turnover: 0.23
  • GF Value™: €0.69 vs. price of €0.41 (40.7% below fair value)
  • GF Score™: 50/100 with 1 warning sign

No single metric tells the full story. See the FRA:DOC2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ease2pay NV Business Description

Other Exchanges EAS2P:Netherlands0E63:UK
Address Coolsingel 139, Rotterdam, ZH, NLD, 3012 AG
Ease2pay NV provides services via its payment transaction platform, which offers users services to order and pay in one action. It also operates a platform that connects travellers with providers of parking and charging facilities, not only on the road but also on water. The company's offers services such as parking payment, refueling payment, reserving a parking bay or mooring and arranging access to electricity and tap water and possibly additional facilities, such as launderettes,, charging private cars, on- and off-street parking and other services.
50GF Score

Get the complete analysis for FRA:DOC2

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

€0.41
Price
€0.69
GF Value