Systemair AB (LTS:0HDK) Asset Turnover: 0.34 (As of Apr. 2026)


LTS:0HDK Systemair AB LTS:0HDK
84 GF Score
Price kr82.45
GF Value kr81.19
Valuation Fairly Valued
! 1 Warning Sign
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What is Systemair AB Asset Turnover?

Systemair AB LTS:0HDK -1.26% 84 Asset Turnover is 0.34 as of Apr. 2026. GuruFocus rates LTS:0HDK with a GF Score™ of 84/100 and a GF Value™ of kr81.19 (Fairly Valued). 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. Systemair AB's Revenue for the three months ended in Apr. 2026 was kr3,276 Mil. Systemair AB's Total Assets for the quarter that ended in Apr. 2026 was kr9,627 Mil. Therefore, Systemair AB's Asset Turnover for the quarter that ended in Apr. 2026 was 0.34.

Asset Turnover is linked to ROE % through Du Pont Formula. Systemair AB's annualized ROE % for the quarter that ended in Apr. 2026 was 11.67%. It is also linked to ROA % through Du Pont Formula. Systemair AB's annualized ROA % for the quarter that ended in Apr. 2026 was 7.18%.


Systemair AB  (LTS:0HDK) Asset Turnover Explanation

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

Systemair AB's annulized ROE % for the quarter that ended in Apr. 2026 is

ROE %**(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=691.2/5921.4
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(691.2 / 13104.4)*(13104.4 / 9627.2)*(9627.2/ 5921.4)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.27 %*1.3612*1.6258
=ROA %*Equity Multiplier
=7.18 %*1.6258
=11.67 %

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

Systemair AB's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=691.2/9627.2
=(Net Income / Revenue)*(Revenue / Total Assets)
=(691.2 / 13104.4)*(13104.4 / 9627.2)
=Net Margin %*Asset Turnover
=5.27 %*1.3612
=7.18 %

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


Systemair AB Asset Turnover Related Terms


Systemair AB Asset Turnover Historical Data

* Premium members only.

The historical data trend for Systemair AB'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.

Systemair AB Asset Turnover Chart

Systemair AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.33 1.26 1.28 1.30

Systemair AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.31 0.32 0.33 0.30 0.34

LTS:0HDK vs TT, JCI, CARR: Asset Turnover Comparison

For the Building Products & Equipment subindustry, Systemair AB'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.


Systemair AB Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Systemair AB's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Systemair AB's Asset Turnover falls into.


LTS:0HDK
84GF Score
Systemair AB LTS:0HDK
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Systemair AB Asset Turnover Calculation

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

Systemair AB's Asset Turnover for the fiscal year that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2026 )/( (Total Assets (A: Apr. 2025 )+Total Assets (A: Apr. 2026 ))/ count )
=12502.7/( (9374.8+9886.5)/ 2 )
=12502.7/9630.65
=1.30

Systemair AB's Asset Turnover for the quarter that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=3276.1/( (9367.9+9886.5)/ 2 )
=3276.1/9627.2
=0.34

* 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 0.34 mean?
Systemair AB (LTS:0HDK) has a Asset Turnover of 0.34 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Systemair AB and its competitors.
Is Systemair AB's Asset Turnover too high?
Systemair AB's current Asset Turnover is 0.34. Overall, Systemair AB has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Systemair AB's Asset Turnover compare to TT and JCI?
Systemair AB's Asset Turnover of 0.34 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Systemair AB and its competitors. Systemair AB's current Asset Turnover is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systemair AB stock overvalued right now?
Based on GuruFocus' analysis, Systemair AB (LTS:0HDK) is currently considered Fairly Valued. The stock's GF Value™ is kr81.19, compared to a current price of kr82.45 — trading 1.6% above its estimated fair value. The current Asset Turnover is 0.34. Systemair AB's overall GF Score™ is 84/100 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 Systemair AB (LTS:0HDK), the current Asset Turnover is 0.34 as of Apr. 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 Systemair AB (LTS:0HDK) Overvalued in 2026?

Based on GuruFocus' analysis, Systemair AB stock appears to be overvalued. The current stock price of kr82.45 is trading 1.6% above its estimated GF Value™ of kr81.19. GuruFocus considers Systemair AB to be Fairly Valued.

Key valuation signals for LTS:0HDK:

  • Asset Turnover: 0.34
  • GF Value™: kr81.19 vs. price of kr82.45 (1.6% above fair value)
  • GF Score™: 84/100 with 1 warning sign

No single metric tells the full story. See the LTS:0HDK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Systemair AB Business Description

Other Exchanges SYSR:Sweden52SA:Germany
Address Industrivagen 3, Skinnskatteberg, SWE, SE-739 30
Systemair AB is a building material company that develops, manufactures, and markets ventilation products. The company's products under its flagship Systemair brand include air conditioning units, air curtains, air distribution products, and energy-efficient fans. The company also markets products under its Frico, VEAB Heat Tech AB, Fantech, and Menerga segments. Frico manufactures air curtains and heating products, while VEAB primarily develops heating products. The Fantech segment markets to the residential sector, in contrast to Systemair's commercial base. Menerga produces high-efficiency air-handling units for specialized buildings such as museums, airports, and swimming pool halls. The company generates the majority of its revenue from Europe.
84GF Score

Get the complete analysis for LTS:0HDK

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

kr82.45
Price
kr81.19
GF Value