Smartbroker Holding AG (HAM:SB1) Asset Turnover: 0.55 (As of Jun. 2025)


HAM:SB1 Smartbroker Holding AG HAM:SB1
82 GF Score
Price €10.55
GF Value €10.80
! 3 Warning Signs
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What is Smartbroker Holding AG Asset Turnover?

Smartbroker Holding AG HAM:SB1 +1.44% 82 Asset Turnover is 0.55 as of Jun. 2025. GuruFocus rates HAM:SB1 with a GF Score™ of 82/100 and a GF Value™ of €10.80. The stock has 3 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. Smartbroker Holding AG's Revenue for the six months ended in Jun. 2025 was €32.53 Mil. Smartbroker Holding AG's Total Assets for the quarter that ended in Jun. 2025 was €59.40 Mil. Therefore, Smartbroker Holding AG's Asset Turnover for the quarter that ended in Jun. 2025 was 0.55.

Asset Turnover is linked to ROE % through Du Pont Formula. Smartbroker Holding AG's annualized ROE % for the quarter that ended in Jun. 2025 was -22.90%. It is also linked to ROA % through Du Pont Formula. Smartbroker Holding AG's annualized ROA % for the quarter that ended in Jun. 2025 was -17.92%.

Smartbroker Holding AG  (HAM:SB1) Asset Turnover Explanation

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

Smartbroker Holding AG's annulized ROE % for the quarter that ended in Jun. 2025 is

ROE %**(Q: Jun. 2025 )
=Net Income/Total Stockholders Equity
=-10.644/46.49
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.644 / 65.068)*(65.068 / 59.3985)*(59.3985/ 46.49)
=Net Margin %*Asset Turnover*Equity Multiplier
=-16.36 %*1.0954*1.2777
=ROA %*Equity Multiplier
=-17.92 %*1.2777
=-22.90 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 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:

Smartbroker Holding AG's annulized ROA % for the quarter that ended in Jun. 2025 is

ROA %(Q: Jun. 2025 )
=Net Income/Total Assets
=-10.644/59.3985
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-10.644 / 65.068)*(65.068 / 59.3985)
=Net Margin %*Asset Turnover
=-16.36 %*1.0954
=-17.92 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.

Smartbroker Holding AG Asset Turnover Related Terms

Smartbroker Holding AG Asset Turnover Historical Data

* Premium members only.

The historical data trend for Smartbroker Holding AG'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.

Smartbroker Holding AG Asset Turnover Chart

Smartbroker Holding AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.77 0.73 0.70 0.90

Smartbroker Holding AG Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.33 0.36 0.40 0.50 0.55

HAM:SB1 vs SPGI, CME, MCO: Asset Turnover Comparison

For the Financial Data & Stock Exchanges subindustry, Smartbroker Holding 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.

Smartbroker Holding AG Asset Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Smartbroker Holding AG's Asset Turnover distribution charts can be found below:

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


HAM:SB1
82GF Score
Smartbroker Holding AG HAM:SB1
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Smartbroker Holding AG Asset Turnover Calculation

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

Smartbroker Holding AG's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=57.45/( (63.836+63.362)/ 2 )
=57.45/63.599
=0.90

Smartbroker Holding AG's Asset Turnover for the quarter that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Jun. 2025 ))/ count )
=32.534/( (63.362+55.435)/ 2 )
=32.534/59.3985
=0.55

* 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 0.55 mean?
Smartbroker Holding AG (HAM:SB1) has a Asset Turnover of 0.55 as of Jun. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Smartbroker Holding AG and its competitors.
Is Smartbroker Holding AG's Asset Turnover too high?
Smartbroker Holding AG's current Asset Turnover is 0.55. Overall, Smartbroker Holding AG has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Smartbroker Holding AG's Asset Turnover compare to SPGI and CME?
Smartbroker Holding AG's Asset Turnover of 0.55 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Asset Turnover depends on the Capital Markets 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 Smartbroker Holding AG and its competitors. Smartbroker Holding AG's current Asset Turnover is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartbroker Holding AG stock overvalued right now?
Smartbroker Holding AG (HAM:SB1) has a current Asset Turnover of 0.55. The stock's GF Value™ is €10.80, compared to a current price of €10.55 — trading 2.3% below its estimated fair value. The current Asset Turnover is 0.55. Smartbroker Holding AG's overall GF Score™ is 82/100 with 3 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 Smartbroker Holding AG (HAM:SB1), the current Asset Turnover is 0.55 as of Jun. 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 Smartbroker Holding AG (HAM:SB1) Overvalued in 2026?

Based on GuruFocus' analysis, Smartbroker Holding AG stock appears to be undervalued. The current stock price of €10.55 is trading 2.3% below its estimated GF Value™ of €10.80.

Key valuation signals for HAM:SB1:

  • Asset Turnover: 0.55
  • GF Value™: €10.80 vs. price of €10.55 (2.3% below fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the HAM:SB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Smartbroker Holding AG Business Description

Other Exchanges 0CDX:UKSB1:Germany
Address Ritterstrasse 11, Berlin, DEU, 10969
Smartbroker Holding AG operates as a trading portal. It offers information regarding market, economics and finance. The company also provides community news, commentary and analysis and security details to equities, commodities ETFs, funds and certificates.
82GF Score

Get the complete analysis for HAM:SB1

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

€10.55
Price
€10.80
GF Value