Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Landi Renzo SpA's Revenue for the
three
months ended in Sep. 2024 was €59.3 Mil. Landi Renzo SpA's Total Assets for the quarter that ended in Sep. 2024 was €336.1 Mil. Therefore, Landi Renzo SpA's Asset Turnover for the quarter that ended in Sep. 2024 was 0.18.
Asset Turnover is linked to ROE % through Du Pont Formula. Landi Renzo SpA's annualizedROE % for the quarter that ended in Sep. 2024 was -68.90%. It is also linked to ROA % through Du Pont Formula. Landi Renzo SpA's annualizedROA % for the quarter that ended in Sep. 2024 was -10.63%.
Landi Renzo SpA (LTS:0ND3) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Landi Renzo SpA's annulizedROE % for the quarter that ended in Sep. 2024 is
Note:
The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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:
Landi Renzo SpA's annulizedROA % for the quarter that ended in Sep. 2024 is
Note:
The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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.
Landi Renzo SpA Asset Turnover Related Terms
Landi Renzo SpA Asset Turnover Historical Data
* Premium members only.
The historical data trend for Landi Renzo SpA'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.
LTS:0ND3 vs ORLY, AZO, GPC: Asset Turnover Comparison
For the Auto Parts subindustry, Landi Renzo SpA'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.
Landi Renzo SpA Asset Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Landi Renzo SpA's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Landi Renzo SpA's Asset Turnover falls into.
* 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.
Landi Renzo SpA (LTS:0ND3) has a Asset Turnover of 0.18 as of Sep. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Landi Renzo SpA and its competitors.
Is Landi Renzo SpA's Asset Turnover too high?
Landi Renzo SpA's current Asset Turnover is 0.18. Overall, Landi Renzo SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Landi Renzo SpA's Asset Turnover compare to ORLY and AZO?
Landi Renzo SpA's Asset Turnover of 0.18 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts 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 Landi Renzo SpA and its competitors. Landi Renzo SpA's current Asset Turnover is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Landi Renzo SpA stock overvalued right now?
Landi Renzo SpA (LTS:0ND3) has a current Asset Turnover of 0.18. The current Asset Turnover is 0.18. Landi Renzo SpA's overall GF Score™ is 4/100. 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 Landi Renzo SpA (LTS:0ND3), the current Asset Turnover is 0.18 as of Sep. 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.
Landi Renzo SpA is engaged in the automotive fuel supply systems sector. The company mainly designs, manufactures, and sells liquefied petroleum gas and compressed natural gas fuel supply systems for the automotive sector. In addition, it also manufactures compressors for fuel stations, and audio and alarm systems. The group sells its products to car manufacturers, independent retailers, and importers. It has two operating segments which include the Green Transportation segment, and the Clean Tech Solutions segment. The Green Transportation segment generates a majority of its revenue which is designed, manufactured, and sold through the OEM and After Market channels of mechanical and electronic systems and components for the use of automotive gas.
4GF Score
Get the complete analysis for LTS:0ND3
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0ND3 has been successfully added to your 
