RIPAG AG (HAM:QOU) Asset Turnover: 0.03 (As of Dec. 2018)

What is RIPAG AG Asset Turnover?

RIPAG AG HAM:QOU Asset Turnover is 0.03 as of Dec. 2018.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. RIPAG AG's Revenue for the six months ended in Dec. 2018 was €0.07 Mil. RIPAG AG's Total Assets for the quarter that ended in Dec. 2018 was €2.19 Mil. Therefore, RIPAG AG's Asset Turnover for the quarter that ended in Dec. 2018 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. RIPAG AG's annualized ROE % for the quarter that ended in Dec. 2018 was -20.12%. It is also linked to ROA % through Du Pont Formula. RIPAG AG's annualized ROA % for the quarter that ended in Dec. 2018 was -15.62%.

RIPAG AG (HAM:QOU) Asset Turnover Explanation

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

RIPAG AG's annulized ROE % for the quarter that ended in Dec. 2018 is

	ROE %^**		(Q: Dec. 2018 )
=	Net Income	/	Total Stockholders Equity
=	-0.342	/	1.6995
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-0.342 / 0.142)	*	(0.142 / 2.189)	*	(2.189/ 1.6995)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-240.85 %	*	0.0649	*	1.288
=	ROA %	*	Equity Multiplier
=	-15.62 %	*	1.288
=	-20.12 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2018) net income data. The Revenue data used here is two times the semi-annual (Dec. 2018) 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:

RIPAG AG's annulized ROA % for the quarter that ended in Dec. 2018 is

	ROA %		(Q: Dec. 2018 )
=	Net Income	/	Total Assets
=	-0.342	/	2.189
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-0.342 / 0.142)	*	(0.142 / 2.189)
=	Net Margin %	*	Asset Turnover
=	-240.85 %	*	0.0649
=	-15.62 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2018) net income data. The Revenue data used here is two times the semi-annual (Dec. 2018) revenue data.

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.

RIPAG AG Asset Turnover Related Terms

RIPAG AG Asset Turnover Historical Data

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The historical data trend for RIPAG AG's Asset Turnover can be seen below:

RIPAG AG Asset Turnover Chart

RIPAG AG Annual Data

Trend

Dec07

Dec08

Dec09

Dec11

Dec12

Dec13

Dec14

Dec16

Dec17

Dec18

Asset Turnover

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1.05

0.05

0.02

0.28

0.03

RIPAG AG Semi-Annual Data
	Dec07	Dec08	Dec09	Dec11	Dec12	Dec13	Dec14	Dec16	Dec17	Dec18
Asset Turnover	Get a 7-Day Free Trial					1.05	0.05	0.02	0.28	0.03

RIPAG AG Asset Turnover Competitor Comparison

For the Real Estate - Development subindustry, RIPAG AG'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.

RIPAG AG Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, RIPAG AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where RIPAG AG's Asset Turnover falls into.

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RIPAG AG Asset Turnover Calculation

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

RIPAG AG's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2018 )	/	( (Total Assets (A: Dec. 2017 )	+	Total Assets (A: Dec. 2018 ))	/ count )
=	0.071	/	( (1.798	+	2.58)	/ 2 )
=	0.071	/	2.189
=	0.03

RIPAG AG's Asset Turnover for the quarter that ended in Dec. 2018 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Dec. 2018 )	/	( (Total Assets (Q: Dec. 2017 )	+	Total Assets (Q: Dec. 2018 ))	/ count )
=	0.071	/	( (1.798	+	2.58)	/ 2 )
=	0.071	/	2.189
=	0.03

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 0.03 mean?

RIPAG AG (HAM:QOU) has a Asset Turnover of 0.03 as of Dec. 2018. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on RIPAG AG and its competitors.

Is RIPAG AG's Asset Turnover too high?

RIPAG AG's current Asset Turnover is 0.03.

How does RIPAG AG's Asset Turnover compare to competitors?

RIPAG AG's Asset Turnover of 0.03 can be compared against companies in the Real Estate 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 Real Estate company?

A good Asset Turnover depends on the Real Estate 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 RIPAG AG and its competitors. RIPAG AG's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is RIPAG AG stock overvalued right now?

RIPAG AG (HAM:QOU) has a current Asset Turnover of 0.03. The current Asset Turnover is 0.03. 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 RIPAG AG (HAM:QOU), the current Asset Turnover is 0.03 as of Dec. 2018. 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.

RIPAG AG Business Description

Industry Real Estate Real Estate

Comparable Companies SZSE:000002 HKSE:00016 HKSE:00688 HKSE:01109 HKSE:03333 HKSE:02007 SHSE:600048 HKSE:01113 HKSE:01918 SZSE:001979 TSE:1925 XTER:DWNI HKSE:00813 SGX:C31 SHSE:601155 SHSE:600340 PHS:ALI SGX:H78 HKSE:03380 HKSE:00083

Address Neuer Wall 80, Hamburg, DEU, 20354

Website http://www.ripag.de

RIPAG AG is a small-cap housing real estate portfolio manager based in North Rhine Westphalia.