HENOF (Henkel AG KGaA) Asset Turnover: 0.31 (As of Dec. 2025)


HENOF Henkel AG & Co KGaA HENOF
77 GF Score
Price $74.64
GF Value $83.70
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Henkel AG KGaA Asset Turnover?

Henkel AG KGaA HENOF 77 Asset Turnover is 0.31 as of Dec. 2025. GuruFocus rates HENOF with a GF Score™ of 77/100 and a GF Value™ of $83.70 (Modestly Undervalued). The stock has 2 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. Henkel AG KGaA's Revenue for the six months ended in Dec. 2025 was $11,819 Mil. Henkel AG KGaA's Total Assets for the quarter that ended in Dec. 2025 was $37,958 Mil. Therefore, Henkel AG KGaA's Asset Turnover for the quarter that ended in Dec. 2025 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. Henkel AG KGaA's annualized ROE % for the quarter that ended in Dec. 2025 was 9.20%. It is also linked to ROA % through Du Pont Formula. Henkel AG KGaA's annualized ROA % for the quarter that ended in Dec. 2025 was 5.71%.


Henkel AG KGaA  (OTCPK:HENOF) Asset Turnover Explanation

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

Henkel AG KGaA's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=2166.276/23554.1925
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2166.276 / 23637.002)*(23637.002 / 37958.0355)*(37958.0355/ 23554.1925)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.16 %*0.6227*1.6115
=ROA %*Equity Multiplier
=5.71 %*1.6115
=9.20 %

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:

Henkel AG KGaA's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=2166.276/37958.0355
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2166.276 / 23637.002)*(23637.002 / 37958.0355)
=Net Margin %*Asset Turnover
=9.16 %*0.6227
=5.71 %

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.


Henkel AG KGaA Asset Turnover Related Terms


Henkel AG KGaA Asset Turnover Historical Data

* Premium members only.

The historical data trend for Henkel AG KGaA'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.

Henkel AG KGaA Asset Turnover Chart

Henkel AG KGaA 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 0.62 0.66 0.67 0.63 0.64

Henkel AG KGaA 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 0.33 0.33 0.31 0.32 0.31

HENOF vs PG, CL, KVUE: Asset Turnover Comparison

For the Household & Personal Products subindustry, Henkel AG KGaA'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.


Henkel AG KGaA Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Henkel AG KGaA's Asset Turnover distribution charts can be found below:

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


HENOF
77GF Score
Henkel AG & Co KGaA HENOF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Henkel AG KGaA Asset Turnover Calculation

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

Henkel AG KGaA'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 )
=23998.829/( (36908.901+38094.848)/ 2 )
=23998.829/37501.8745
=0.64

Henkel AG KGaA'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 )
=11818.501/( (37821.223+38094.848)/ 2 )
=11818.501/37958.0355
=0.31

* 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 0.31 mean?
Henkel AG KGaA (HENOF) has a Asset Turnover of 0.31 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Henkel AG KGaA and its competitors.
Is Henkel AG KGaA's Asset Turnover too high?
Henkel AG KGaA's current Asset Turnover is 0.31. Overall, Henkel AG KGaA has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henkel AG KGaA's Asset Turnover compare to PG and CL?
Henkel AG KGaA's Asset Turnover of 0.31 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Henkel AG KGaA and its competitors. Henkel AG KGaA's current Asset Turnover is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henkel AG KGaA stock overvalued right now?
Based on GuruFocus' analysis, Henkel AG KGaA (HENOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $83.70, compared to a current price of $74.64 — trading 10.8% below its estimated fair value. The current Asset Turnover is 0.31. Henkel AG KGaA's overall GF Score™ is 77/100 with 2 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 Henkel AG KGaA (HENOF), the current Asset Turnover is 0.31 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 Henkel AG KGaA (HENOF) Overvalued in 2026?

Based on GuruFocus' analysis, Henkel AG KGaA stock appears to be undervalued. The current stock price of $74.64 is trading 10.8% below its estimated GF Value™ of $83.70. GuruFocus considers Henkel AG KGaA to be Modestly Undervalued.

Key valuation signals for HENOF:

  • Asset Turnover: 0.31
  • GF Value™: $83.70 vs. price of $74.64 (10.8% below fair value)
  • GF Score™: 77/100 with 2 warning signs

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


Henkel AG KGaA Business Description

Address Henkelstrasse 67, Duesseldorf, NW, DEU, 40589
Two distinct customer groups constitute Henkel. The consumer segment (around 47% of consolidated 2025 sales) is laundry and homecare, including the Persil and Purex laundry detergent brands; haircare, including the Schwarzkopf brand; and other brands, including Dial in hand soap. The adhesive technologies segment makes up the remaining 53% of sales. Sales in Europe accounted for 38% of the firm's consolidated total in 2025, while Asia-Pacific and North America accounted for 17% and 26%, respectively.
77GF Score

Get the complete analysis for HENOF

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

$74.64
Price
$83.70
GF Value