Fairway Group Holdings (FRA:FGWA) Asset Turnover: 0.57 (As of Dec. 2015)


What is Fairway Group Holdings Asset Turnover?

Fairway Group Holdings FRA:FGWA -96.67% Asset Turnover is 0.57 as of Dec. 2015. 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. Fairway Group Holdings's Revenue for the three months ended in Dec. 2015 was €176.0 Mil. Fairway Group Holdings's Total Assets for the quarter that ended in Dec. 2015 was €311.6 Mil. Therefore, Fairway Group Holdings's Asset Turnover for the quarter that ended in Dec. 2015 was 0.57.

Asset Turnover is linked to ROE % through Du Pont Formula. Fairway Group Holdings's annualized ROE % for the quarter that ended in Dec. 2015 was 83.22%. It is also linked to ROA % through Du Pont Formula. Fairway Group Holdings's annualized ROA % for the quarter that ended in Dec. 2015 was -11.48%.

Fairway Group Holdings  (FRA:FGWA) Asset Turnover Explanation

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

Fairway Group Holdings's annulized ROE % for the quarter that ended in Dec. 2015 is

ROE %**(Q: Dec. 2015 )
=Net Income/Total Stockholders Equity
=-35.78/-42.9955
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-35.78 / 703.86)*(703.86 / 311.622)*(311.622/ -42.9955)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.08 %*2.2587*-7.2478
=ROA %*Equity Multiplier
=-11.48 %*-7.2478
=83.22 %

Note: The Net Income data used here is four times the quarterly (Dec. 2015) net income data. The Revenue data used here is four times the quarterly (Dec. 2015) 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:

Fairway Group Holdings's annulized ROA % for the quarter that ended in Dec. 2015 is

ROA %(Q: Dec. 2015 )
=Net Income/Total Assets
=-35.78/311.622
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-35.78 / 703.86)*(703.86 / 311.622)
=Net Margin %*Asset Turnover
=-5.08 %*2.2587
=-11.48 %

Note: The Net Income data used here is four times the quarterly (Dec. 2015) net income data. The Revenue data used here is four times the quarterly (Dec. 2015) 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.

Fairway Group Holdings Asset Turnover Related Terms

Fairway Group Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Fairway Group Holdings'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.

Fairway Group Holdings Asset Turnover Chart

Fairway Group Holdings Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Asset Turnover
Get a 7-Day Free Trial 0.00 1.73 2.02 2.09 2.43

Fairway Group Holdings Quarterly Data
Mar10 Mar11 Jun11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.57 0.58 0.54 0.52 0.57

FRA:FGWA vs IFMK: Asset Turnover Comparison

For the Grocery Stores subindustry, Fairway Group Holdings'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.

Fairway Group Holdings Asset Turnover vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Fairway Group Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Fairway Group Holdings's Asset Turnover falls into.


Fairway Group Holdings Asset Turnover Calculation

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

Fairway Group Holdings's Asset Turnover for the fiscal year that ended in Mar. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2015 )/( (Total Assets (A: Mar. 2014 )+Total Assets (A: Mar. 2015 ))/ count )
=736.941/( (274.989+331.842)/ 2 )
=736.941/303.4155
=2.43

Fairway Group Holdings's Asset Turnover for the quarter that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2015 )/( (Total Assets (Q: Sep. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=175.965/( (305.655+317.589)/ 2 )
=175.965/311.622
=0.56

* 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 0.57 mean?
Fairway Group Holdings (FRA:FGWA) has a Asset Turnover of 0.57 as of Dec. 2015. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Fairway Group Holdings and its competitors.
Is Fairway Group Holdings' Asset Turnover too high?
Fairway Group Holdings' current Asset Turnover is 0.57.
How does Fairway Group Holdings' Asset Turnover compare to IFMK?
Fairway Group Holdings' Asset Turnover of 0.57 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 Fairway Group Holdings and its competitors. Fairway Group Holdings's current Asset Turnover is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fairway Group Holdings stock overvalued right now?
Fairway Group Holdings (FRA:FGWA) has a current Asset Turnover of 0.57. The current Asset Turnover is 0.57. 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 Fairway Group Holdings (FRA:FGWA), the current Asset Turnover is 0.57 as of Dec. 2015. 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.

Fairway Group Holdings Business Description

Fairway Group Holdings Corp along with its subsidiaries operates in the retail food industry. The company sells fresh, natural and organic products, prepared foods and hard to find specialty and gourmet offerings, along with a full assortment of conventional groceries. Its perishable product categories, which include producing, natural and organic, deli, specialty, cheese, butcher, seafood, bakery, coffee and kosher foods. The non-perishable product categories consist of conventional groceries as well as specialty foods.