H.B. Fuller Co (FRA:HB1) Asset Turnover: 0.18 (As of May. 2026)


FRA:HB1 H.B. Fuller Co FRA:HB1
83 GF Score
Price €51.50
GF Value €59.16
Valuation Modestly Undervalued
! 4 Warning Signs
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What is H.B. Fuller Co Asset Turnover?

H.B. Fuller Co FRA:HB1 -6.36% 83 Asset Turnover is 0.18 as of May. 2026. GuruFocus rates FRA:HB1 with a GF Score™ of 83/100 and a GF Value™ of €59.16 (Modestly Undervalued). The stock has 4 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. H.B. Fuller Co's Revenue for the three months ended in May. 2026 was €813 Mil. H.B. Fuller Co's Total Assets for the quarter that ended in May. 2026 was €4,489 Mil. Therefore, H.B. Fuller Co's Asset Turnover for the quarter that ended in May. 2026 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. H.B. Fuller Co's annualized ROE % for the quarter that ended in May. 2026 was 13.15%. It is also linked to ROA % through Du Pont Formula. H.B. Fuller Co's annualized ROA % for the quarter that ended in May. 2026 was 5.17%.


H.B. Fuller Co  (FRA:HB1) Asset Turnover Explanation

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

H.B. Fuller Co's annulized ROE % for the quarter that ended in May. 2026 is

ROE %**(Q: May. 2026 )
=Net Income/Total Stockholders Equity
=232.164/1764.9185
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(232.164 / 3253.728)*(3253.728 / 4488.909)*(4488.909/ 1764.9185)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.14 %*0.7248*2.5434
=ROA %*Equity Multiplier
=5.17 %*2.5434
=13.15 %

Note: The Net Income data used here is four times the quarterly (May. 2026) net income data. The Revenue data used here is four times the quarterly (May. 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:

H.B. Fuller Co's annulized ROA % for the quarter that ended in May. 2026 is

ROA %(Q: May. 2026 )
=Net Income/Total Assets
=232.164/4488.909
=(Net Income / Revenue)*(Revenue / Total Assets)
=(232.164 / 3253.728)*(3253.728 / 4488.909)
=Net Margin %*Asset Turnover
=7.14 %*0.7248
=5.17 %

Note: The Net Income data used here is four times the quarterly (May. 2026) net income data. The Revenue data used here is four times the quarterly (May. 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.


H.B. Fuller Co Asset Turnover Related Terms


H.B. Fuller Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for H.B. Fuller Co'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.

H.B. Fuller Co Asset Turnover Chart

H.B. Fuller Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.91 0.74 0.75 0.66

H.B. Fuller Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.17 0.17 0.17 0.15 0.18

FRA:HB1 vs HWKN, WDFC, AVNT: Asset Turnover Comparison

For the Specialty Chemicals subindustry, H.B. Fuller Co'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.


H.B. Fuller Co Asset Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, H.B. Fuller Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where H.B. Fuller Co's Asset Turnover falls into.


FRA:HB1
83GF Score
H.B. Fuller Co FRA:HB1
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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H.B. Fuller Co Asset Turnover Calculation

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

H.B. Fuller Co's Asset Turnover for the fiscal year that ended in Nov. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2025 )/( (Total Assets (A: Nov. 2024 )+Total Assets (A: Nov. 2025 ))/ count )
=3004.654/( (4647.116+4483.041)/ 2 )
=3004.654/4565.0785
=0.66

H.B. Fuller Co's Asset Turnover for the quarter that ended in May. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: May. 2026 )/( (Total Assets (Q: Feb. 2026 )+Total Assets (Q: May. 2026 ))/ count )
=813.432/( (4416.371+4561.447)/ 2 )
=813.432/4488.909
=0.18

* 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 0.18 mean?
H.B. Fuller Co (FRA:HB1) has a Asset Turnover of 0.18 as of May. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on H.B. Fuller Co and its competitors.
Is H.B. Fuller Co's Asset Turnover too high?
H.B. Fuller Co's current Asset Turnover is 0.18. Overall, H.B. Fuller Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does H.B. Fuller Co's Asset Turnover compare to HWKN and WDFC?
H.B. Fuller Co's Asset Turnover of 0.18 can be compared against companies in the Chemicals 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 Chemicals company?
A good Asset Turnover depends on the Chemicals 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 H.B. Fuller Co and its competitors. H.B. Fuller Co's current Asset Turnover is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H.B. Fuller Co stock overvalued right now?
Based on GuruFocus' analysis, H.B. Fuller Co (FRA:HB1) is currently considered Modestly Undervalued. The stock's GF Value™ is €59.16, compared to a current price of €51.50 — trading 12.9% below its estimated fair value. The current Asset Turnover is 0.18. H.B. Fuller Co's overall GF Score™ is 83/100 with 4 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 H.B. Fuller Co (FRA:HB1), the current Asset Turnover is 0.18 as of May. 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 H.B. Fuller Co (FRA:HB1) Overvalued in 2026?

Based on GuruFocus' analysis, H.B. Fuller Co stock appears to be undervalued. The current stock price of €51.50 is trading 12.9% below its estimated GF Value™ of €59.16. GuruFocus considers H.B. Fuller Co to be Modestly Undervalued.

Key valuation signals for FRA:HB1:

  • Asset Turnover: 0.18
  • GF Value™: €59.16 vs. price of €51.50 (12.9% below fair value)
  • GF Score™: 83/100 with 4 warning signs

No single metric tells the full story. See the FRA:HB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


H.B. Fuller Co Business Description

Other Exchanges FUL:USA
Address 1200 Willow Lake Boulevard, Saint Paul, MN, USA, 55110-5101
H.B. Fuller Co manufactures and sells adhesives, sealants, and other chemical-based products. The company organizes itself into three segments: Hygiene, Health and Consumable Adhesives, Engineering Adhesives, and Construction Adhesives. It generates the maximum revenue from hygiene, health, and consumable adhesives. This segment produces and supplies a full range of specialty industrial adhesives such as thermoplastic, thermoset, reactive, water-based, and solvent-based products for applications in various markets, including packaging, converting, nonwoven, and hygiene (disposable diapers, feminine care, and medical garments) and health and beauty. The company generates around half of its revenue in the United States.
83GF Score

Get the complete analysis for FRA:HB1

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

€51.50
Price
€59.16
GF Value