Emperor Watch & Jewellery (FRA:EPU) Asset Turnover: 0.44 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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FRA:EPU Emperor Watch & Jewellery Ltd FRA:EPU
70 GF Score
Price €0.02
GF Value €0.02
Valuation Fairly Valued
! 3 Warning Signs
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What is Emperor Watch & Jewellery Asset Turnover?

Emperor Watch & Jewellery FRA:EPU 70 Asset Turnover is 0.44 as of Dec. 2025. GuruFocus rates FRA:EPU with a GF Score™ of 70/100 and a GF Value™ of €0.02 (Fairly Valued). The stock has 3 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. Emperor Watch & Jewellery's Revenue for the six months ended in Dec. 2025 was €326.2 Mil. Emperor Watch & Jewellery's Total Assets for the quarter that ended in Dec. 2025 was €735.1 Mil. Therefore, Emperor Watch & Jewellery's Asset Turnover for the quarter that ended in Dec. 2025 was 0.44.

Asset Turnover is linked to ROE % through Du Pont Formula. Emperor Watch & Jewellery's annualized ROE % for the quarter that ended in Dec. 2025 was 9.49%. It is also linked to ROA % through Du Pont Formula. Emperor Watch & Jewellery's annualized ROA % for the quarter that ended in Dec. 2025 was 7.82%.


Emperor Watch & Jewellery  (FRA:EPU) Asset Turnover Explanation

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

Emperor Watch & Jewellery's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=57.504/605.946
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(57.504 / 652.322)*(652.322 / 735.124)*(735.124/ 605.946)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.82 %*0.8874*1.2132
=ROA %*Equity Multiplier
=7.82 %*1.2132
=9.49 %

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:

Emperor Watch & Jewellery's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=57.504/735.124
=(Net Income / Revenue)*(Revenue / Total Assets)
=(57.504 / 652.322)*(652.322 / 735.124)
=Net Margin %*Asset Turnover
=8.82 %*0.8874
=7.82 %

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.


Emperor Watch & Jewellery Asset Turnover Related Terms


Emperor Watch & Jewellery Asset Turnover Historical Data

* Premium members only.

The historical data trend for Emperor Watch & Jewellery'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.

Emperor Watch & Jewellery Asset Turnover Chart

Emperor Watch & Jewellery 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 0.73 0.71 0.86 0.92 0.85

Emperor Watch & Jewellery 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 0.44 0.45 0.45 0.43 0.44

FRA:EPU vs TPR: Asset Turnover Comparison

For the Luxury Goods subindustry, Emperor Watch & Jewellery'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.


Emperor Watch & Jewellery Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emperor Watch & Jewellery's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Emperor Watch & Jewellery's Asset Turnover falls into.


FRA:EPU
70GF Score
Emperor Watch & Jewellery Ltd FRA:EPU
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Emperor Watch & Jewellery Asset Turnover Calculation

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

Emperor Watch & Jewellery'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 )
=632.784/( (730.047+759.413)/ 2 )
=632.784/744.73
=0.85

Emperor Watch & Jewellery'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 )
=326.161/( (710.835+759.413)/ 2 )
=326.161/735.124
=0.44

* 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 0.44 mean?
Emperor Watch & Jewellery (FRA:EPU) has a Asset Turnover of 0.44 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Emperor Watch & Jewellery and its competitors.
Is Emperor Watch & Jewellery's Asset Turnover too high?
Emperor Watch & Jewellery's current Asset Turnover is 0.44. Overall, Emperor Watch & Jewellery has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Emperor Watch & Jewellery's Asset Turnover compare to TPR?
Emperor Watch & Jewellery's Asset Turnover of 0.44 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 Emperor Watch & Jewellery and its competitors. Emperor Watch & Jewellery's current Asset Turnover is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emperor Watch & Jewellery stock overvalued right now?
Based on GuruFocus' analysis, Emperor Watch & Jewellery (FRA:EPU) is currently considered Fairly Valued. The stock's GF Value™ is €0.02, compared to a current price of €0.02 — trading 10% above its estimated fair value. The current Asset Turnover is 0.44. Emperor Watch & Jewellery's overall GF Score™ is 70/100 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 Emperor Watch & Jewellery (FRA:EPU), the current Asset Turnover is 0.44 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 Emperor Watch & Jewellery (FRA:EPU) Overvalued in 2026?

Based on GuruFocus' analysis, Emperor Watch & Jewellery stock appears to be overvalued. The current stock price of €0.02 is trading 10% above its estimated GF Value™ of €0.02. GuruFocus considers Emperor Watch & Jewellery to be Fairly Valued.

Key valuation signals for FRA:EPU:

  • Asset Turnover: 0.44
  • GF Value™: €0.02 vs. price of €0.02 (10% above fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Emperor Watch & Jewellery Business Description

Other Exchanges 00887:Hong Kong
Address 288 Hennessy Road, 25th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG
Emperor Watch & Jewellery Ltd is a retailer of European-made internationally renowned watches, together with self-designed fine jewellery products under its brand, Emperor Jewellery. The group has extensive retail networks in Hong Kong, Macau, Mainland China, Malaysia, and Singapore. Its wristwatch brands include Piguet, Baume & Mercier, Cartier, Jaeger-LeCoultre, Rolex among others. The target customers range from middle to high-income groups world-wide. The majority of the revenue is mainly derived from sales of watches and jewellery in Hong Kong.
70GF Score

Get the complete analysis for FRA:EPU

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

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