Kumba Iron Ore (FRA:KUI) Asset Turnover: 0.36 (As of Dec. 2025)


FRA:KUI Kumba Iron Ore Ltd FRA:KUI
72 GF Score
Price €15.20
GF Value €17.65
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Kumba Iron Ore Asset Turnover?

Kumba Iron Ore FRA:KUI -1.30% 72 Asset Turnover is 0.36 as of Dec. 2025. GuruFocus rates FRA:KUI with a GF Score™ of 72/100 and a GF Value™ of €17.65 (Modestly Undervalued). The stock has 5 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. Kumba Iron Ore's Revenue for the six months ended in Dec. 2025 was €1,803 Mil. Kumba Iron Ore's Total Assets for the quarter that ended in Dec. 2025 was €5,018 Mil. Therefore, Kumba Iron Ore's Asset Turnover for the quarter that ended in Dec. 2025 was 0.36.

Asset Turnover is linked to ROE % through Du Pont Formula. Kumba Iron Ore's annualized ROE % for the quarter that ended in Dec. 2025 was 28.29%. It is also linked to ROA % through Du Pont Formula. Kumba Iron Ore's annualized ROA % for the quarter that ended in Dec. 2025 was 15.16%.

Kumba Iron Ore  (FRA:KUI) Asset Turnover Explanation

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

Kumba Iron Ore's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=760.918/2689.4
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(760.918 / 3606.418)*(3606.418 / 5018.2515)*(5018.2515/ 2689.4)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.1 %*0.7187*1.8659
=ROA %*Equity Multiplier
=15.16 %*1.8659
=28.29 %

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:

Kumba Iron Ore's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=760.918/5018.2515
=(Net Income / Revenue)*(Revenue / Total Assets)
=(760.918 / 3606.418)*(3606.418 / 5018.2515)
=Net Margin %*Asset Turnover
=21.1 %*0.7187
=15.16 %

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.

Kumba Iron Ore Asset Turnover Related Terms

Kumba Iron Ore Asset Turnover Historical Data

* Premium members only.

The historical data trend for Kumba Iron Ore'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.

Kumba Iron Ore Asset Turnover Chart

Kumba Iron Ore 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 1.25 0.89 0.91 0.72 0.68

Kumba Iron Ore 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 0.52 0.38 0.35 0.34 0.36

FRA:KUI vs NUE, STLD, RS: Asset Turnover Comparison

For the Steel subindustry, Kumba Iron Ore'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.

Kumba Iron Ore Asset Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Kumba Iron Ore's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Kumba Iron Ore's Asset Turnover falls into.


FRA:KUI
72GF Score
Kumba Iron Ore Ltd FRA:KUI
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kumba Iron Ore Asset Turnover Calculation

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

Kumba Iron Ore'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 )
=3555.327/( (5176.276+5261.43)/ 2 )
=3555.327/5218.853
=0.68

Kumba Iron Ore'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 )
=1803.209/( (4775.073+5261.43)/ 2 )
=1803.209/5018.2515
=0.36

* 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 0.36 mean?
Kumba Iron Ore (FRA:KUI) has a Asset Turnover of 0.36 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Kumba Iron Ore and its competitors.
Is Kumba Iron Ore's Asset Turnover too high?
Kumba Iron Ore's current Asset Turnover is 0.36. Overall, Kumba Iron Ore has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kumba Iron Ore's Asset Turnover compare to NUE and STLD?
Kumba Iron Ore's Asset Turnover of 0.36 can be compared against companies in the Steel 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 Steel company?
A good Asset Turnover depends on the Steel 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 Kumba Iron Ore and its competitors. Kumba Iron Ore's current Asset Turnover is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumba Iron Ore stock overvalued right now?
Based on GuruFocus' analysis, Kumba Iron Ore (FRA:KUI) is currently considered Modestly Undervalued. The stock's GF Value™ is €17.65, compared to a current price of €15.20 — trading 13.9% below its estimated fair value. The current Asset Turnover is 0.36. Kumba Iron Ore's overall GF Score™ is 72/100 with 5 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 Kumba Iron Ore (FRA:KUI), the current Asset Turnover is 0.36 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 Kumba Iron Ore (FRA:KUI) Overvalued in 2026?

Based on GuruFocus' analysis, Kumba Iron Ore stock appears to be undervalued. The current stock price of €15.20 is trading 13.9% below its estimated GF Value™ of €17.65. GuruFocus considers Kumba Iron Ore to be Modestly Undervalued.

Key valuation signals for FRA:KUI:

  • Asset Turnover: 0.36
  • GF Value™: €17.65 vs. price of €15.20 (13.9% below fair value)
  • GF Score™: 72/100 with 5 warning signs

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

Kumba Iron Ore Business Description

Address 144 Oxford Road, Rosebank, Melrose, Johannesburg, GT, ZAF, 2196
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing, blending, and sale of iron ore to the steel industry. The company operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake in, located near the town of Kathu in the Northern Cape Province. The Sishen mine is opencast and produces the bulk of the group's iron ore, which is exported. It also holds an interest in the Kolomela mine. The company also generates revenue from Shipping operations. The majority of the company's revenue is generated from its products.
72GF Score

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

€15.20
Price
€17.65
GF Value