Smith Micro Software (FRA:SS90) Asset Turnover: 0.17 (As of Mar. 2026)


FRA:SS90 Smith Micro Software Inc FRA:SS90
60 GF Score
Price €10.72
GF Value €9.28
! 4 Warning Signs
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What is Smith Micro Software Asset Turnover?

Smith Micro Software FRA:SS90 60 Asset Turnover is 0.17 as of Mar. 2026. GuruFocus rates FRA:SS90 with a GF Score™ of 60/100 and a GF Value™ of €9.28. 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. Smith Micro Software's Revenue for the three months ended in Mar. 2026 was €3.65 Mil. Smith Micro Software's Total Assets for the quarter that ended in Mar. 2026 was €21.82 Mil. Therefore, Smith Micro Software's Asset Turnover for the quarter that ended in Mar. 2026 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Smith Micro Software's annualized ROE % for the quarter that ended in Mar. 2026 was -85.42%. It is also linked to ROA % through Du Pont Formula. Smith Micro Software's annualized ROA % for the quarter that ended in Mar. 2026 was -61.80%.

Smith Micro Software  (FRA:SS90) Asset Turnover Explanation

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

Smith Micro Software's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-13.484/15.7855
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.484 / 14.604)*(14.604 / 21.8185)*(21.8185/ 15.7855)
=Net Margin %*Asset Turnover*Equity Multiplier
=-92.33 %*0.6693*1.3822
=ROA %*Equity Multiplier
=-61.80 %*1.3822
=-85.42 %

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

Smith Micro Software's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-13.484/21.8185
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-13.484 / 14.604)*(14.604 / 21.8185)
=Net Margin %*Asset Turnover
=-92.33 %*0.6693
=-61.80 %

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

Smith Micro Software Asset Turnover Related Terms

Smith Micro Software Asset Turnover Historical Data

* Premium members only.

The historical data trend for Smith Micro Software'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.

Smith Micro Software Asset Turnover Chart

Smith Micro Software 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 0.64 0.46 0.43 0.32 0.44

Smith Micro Software Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.10 0.12 0.15 0.15 0.17

FRA:SS90 vs CYN, FALC, INUV: Asset Turnover Comparison

For the Software - Application subindustry, Smith Micro Software'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.

Smith Micro Software Asset Turnover vs Software Industry

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

* The bar in red indicates where Smith Micro Software's Asset Turnover falls into.


FRA:SS90
60GF Score
Smith Micro Software Inc FRA:SS90
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Smith Micro Software Asset Turnover Calculation

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

Smith Micro Software'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 )
=14.828/( (45.884+21.325)/ 2 )
=14.828/33.6045
=0.44

Smith Micro Software's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=3.651/( (21.325+22.312)/ 2 )
=3.651/21.8185
=0.17

* 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 0.17 mean?
Smith Micro Software (FRA:SS90) has a Asset Turnover of 0.17 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Smith Micro Software and its competitors.
Is Smith Micro Software's Asset Turnover too high?
Smith Micro Software's current Asset Turnover is 0.17. Overall, Smith Micro Software has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Smith Micro Software's Asset Turnover compare to CYN and FALC?
Smith Micro Software's Asset Turnover of 0.17 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 Smith Micro Software and its competitors. Smith Micro Software's current Asset Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smith Micro Software stock overvalued right now?
Smith Micro Software (FRA:SS90) has a current Asset Turnover of 0.17. The stock's GF Value™ is €9.28, compared to a current price of €10.72 — trading 15.5% above its estimated fair value. The current Asset Turnover is 0.17. Smith Micro Software's overall GF Score™ is 60/100 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 Smith Micro Software (FRA:SS90), the current Asset Turnover is 0.17 as of Mar. 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 Smith Micro Software (FRA:SS90) Overvalued in 2026?

Based on GuruFocus' analysis, Smith Micro Software stock appears to be overvalued. The current stock price of €10.72 is trading 15.5% above its estimated GF Value™ of €9.28.

Key valuation signals for FRA:SS90:

  • Asset Turnover: 0.17
  • GF Value™: €9.28 vs. price of €10.72 (15.5% above fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the FRA:SS90 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Smith Micro Software Business Description

Other Exchanges SMSI:USA
Address 5800 Corporate Drive, Pittsburgh, PA, USA, 15237
Smith Micro Software Inc provides software solutions that simplify and enhance the mobile experience to some of the wireless service providers around the globe. The company's solutions include SafePath product suite provides comprehensive and easy-to-use tools to protect family digital lifestyles and manage connected devices both inside and outside the home; CommSuite premium messaging platform helps mobile service providers deliver a next-generation voicemail experience to mobile subscribers, while monetizing a legacy cost-center; and ViewSpot its retail display management platform provided wireless carriers and retailers with a way to bring powerful on-screen, interactive demos to life. It operates in single segment: Wireless.
60GF Score

Get the complete analysis for FRA:SS90

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

€10.72
Price
€9.28
GF Value