Metropal Kurumsal Hizmetler AS (IST:MCARD) Asset Turnover: 0.44 (As of Dec. 2024)


IST:MCARD Metropal Kurumsal Hizmetler AS IST:MCARD
23 GF Score
Price ₺169.50
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What is Metropal Kurumsal Hizmetler AS Asset Turnover?

Metropal Kurumsal Hizmetler AS IST:MCARD -4.61% 23 Asset Turnover is 0.44 as of Dec. 2024. GuruFocus rates IST:MCARD with a GF Score™ of 23/100. The stock has 1 warning sign 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. Metropal Kurumsal Hizmetler AS's Revenue for the six months ended in Dec. 2024 was ₺2,066 Mil. Metropal Kurumsal Hizmetler AS's Total Assets for the quarter that ended in Dec. 2024 was ₺4,706 Mil. Therefore, Metropal Kurumsal Hizmetler AS's Asset Turnover for the quarter that ended in Dec. 2024 was 0.44.

Asset Turnover is linked to ROE % through Du Pont Formula. Metropal Kurumsal Hizmetler AS's annualized ROE % for the quarter that ended in Dec. 2024 was 112.66%. It is also linked to ROA % through Du Pont Formula. Metropal Kurumsal Hizmetler AS's annualized ROA % for the quarter that ended in Dec. 2024 was 31.08%.


Metropal Kurumsal Hizmetler AS  (IST:MCARD) Asset Turnover Explanation

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

Metropal Kurumsal Hizmetler AS's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=1462.498/1298.1395
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1462.498 / 4132.898)*(4132.898 / 4706.2315)*(4706.2315/ 1298.1395)
=Net Margin %*Asset Turnover*Equity Multiplier
=35.39 %*0.8782*3.6254
=ROA %*Equity Multiplier
=31.08 %*3.6254
=112.66 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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:

Metropal Kurumsal Hizmetler AS's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=1462.498/4706.2315
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1462.498 / 4132.898)*(4132.898 / 4706.2315)
=Net Margin %*Asset Turnover
=35.39 %*0.8782
=31.08 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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.


Metropal Kurumsal Hizmetler AS Asset Turnover Related Terms


Metropal Kurumsal Hizmetler AS Asset Turnover Historical Data

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The historical data trend for Metropal Kurumsal Hizmetler AS'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.

Metropal Kurumsal Hizmetler AS Asset Turnover Chart

Metropal Kurumsal Hizmetler AS Annual Data
Trend Dec22 Dec23 Dec24
Asset Turnover
0.37 0.38 0.44

Metropal Kurumsal Hizmetler AS Semi-Annual Data
Dec22 Dec23 Dec24
Asset Turnover 0.37 0.38 0.44

IST:MCARD vs MSFT, ORCL, PLTR: Asset Turnover Comparison

For the Software - Infrastructure subindustry, Metropal Kurumsal Hizmetler AS'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.


Metropal Kurumsal Hizmetler AS Asset Turnover vs Software Industry

For the Software industry and Technology sector, Metropal Kurumsal Hizmetler AS's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Metropal Kurumsal Hizmetler AS's Asset Turnover falls into.


IST:MCARD
23GF Score
Metropal Kurumsal Hizmetler AS IST:MCARD
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Metropal Kurumsal Hizmetler AS Asset Turnover Calculation

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

Metropal Kurumsal Hizmetler AS'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 )
=2066.449/( (4125.273+5287.19)/ 2 )
=2066.449/4706.2315
=0.44

Metropal Kurumsal Hizmetler AS's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=2066.449/( (4125.273+5287.19)/ 2 )
=2066.449/4706.2315
=0.44

* 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 0.44 mean?
Metropal Kurumsal Hizmetler AS (IST:MCARD) has a Asset Turnover of 0.44 as of Dec. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Metropal Kurumsal Hizmetler AS and its competitors.
Is Metropal Kurumsal Hizmetler AS's Asset Turnover too high?
Metropal Kurumsal Hizmetler AS's current Asset Turnover is 0.44. Overall, Metropal Kurumsal Hizmetler AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Metropal Kurumsal Hizmetler AS's Asset Turnover compare to MSFT and ORCL?
Metropal Kurumsal Hizmetler AS's Asset Turnover of 0.44 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 Metropal Kurumsal Hizmetler AS and its competitors. Metropal Kurumsal Hizmetler AS's current Asset Turnover is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metropal Kurumsal Hizmetler AS stock overvalued right now?
Metropal Kurumsal Hizmetler AS (IST:MCARD) has a current Asset Turnover of 0.44. The current Asset Turnover is 0.44. Metropal Kurumsal Hizmetler AS's overall GF Score™ is 23/100 with 1 warning sign 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 Metropal Kurumsal Hizmetler AS (IST:MCARD), the current Asset Turnover is 0.44 as of Dec. 2024. 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.

Metropal Kurumsal Hizmetler AS Business Description

Address Kisikli Street, No: 30, Altunizade Neighborhood, Uskudar, Istanbul, TUR, 34662
Metropal Kurumsal Hizmetler AS is a Turkish fintech company operating as MetropolCard, which provides an electronic payment system that enables companies to manage, track, and audit employee meal allowances online through smart cards.
23GF Score

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