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Mota-Engil Africa NV (LTS:0R6D) Asset Turnover : 1.24 (As of Dec. 2014)


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What is Mota-Engil Africa NV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mota-Engil Africa NV's Revenue for the six months ended in Dec. 2014 was €1,048 Mil. Mota-Engil Africa NV's Total Assets for the quarter that ended in Dec. 2014 was €848 Mil. Therefore, Mota-Engil Africa NV's Asset Turnover for the quarter that ended in Dec. 2014 was 1.24.

Asset Turnover is linked to ROE % through Du Pont Formula. Mota-Engil Africa NV's annualized ROE % for the quarter that ended in Dec. 2014 was 88.85%. It is also linked to ROA % through Du Pont Formula. Mota-Engil Africa NV's annualized ROA % for the quarter that ended in Dec. 2014 was 17.21%.


Mota-Engil Africa NV Asset Turnover Historical Data

The historical data trend for Mota-Engil Africa NV'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.

* Premium members only.

Mota-Engil Africa NV Asset Turnover Chart

Mota-Engil Africa NV Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Asset Turnover
0.54 0.60 - 1.24

Mota-Engil Africa NV Semi-Annual Data
Dec11 Dec12 Dec13 Dec14
Asset Turnover 0.54 0.60 - 1.24

Competitive Comparison of Mota-Engil Africa NV's Asset Turnover

For the Engineering & Construction subindustry, Mota-Engil Africa NV'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.


Mota-Engil Africa NV's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mota-Engil Africa NV's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Mota-Engil Africa NV's Asset Turnover falls into.



Mota-Engil Africa NV Asset Turnover Calculation

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

Mota-Engil Africa NV's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=1048.065/( (1.215+1694.721)/ 2 )
=1048.065/847.968
=1.24

Mota-Engil Africa NV's Asset Turnover for the quarter that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2014 )/( (Total Assets (Q: Dec. 2013 )+Total Assets (Q: Dec. 2014 ))/ count )
=1048.065/( (1.215+1694.721)/ 2 )
=1048.065/847.968
=1.24

* 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.


Mota-Engil Africa NV  (LTS:0R6D) Asset Turnover Explanation

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

Mota-Engil Africa NV's annulized ROE % for the quarter that ended in Dec. 2014 is

ROE %**(Q: Dec. 2014 )
=Net Income/Total Stockholders Equity
=145.896/164.198
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(145.896 / 2096.13)*(2096.13 / 847.968)*(847.968/ 164.198)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.96 %*2.4719*5.1643
=ROA %*Equity Multiplier
=17.21 %*5.1643
=88.85 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2014) net income data. The Revenue data used here is two times the semi-annual (Dec. 2014) 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:

Mota-Engil Africa NV's annulized ROA % for the quarter that ended in Dec. 2014 is

ROA %(Q: Dec. 2014 )
=Net Income/Total Assets
=145.896/847.968
=(Net Income / Revenue)*(Revenue / Total Assets)
=(145.896 / 2096.13)*(2096.13 / 847.968)
=Net Margin %*Asset Turnover
=6.96 %*2.4719
=17.21 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2014) net income data. The Revenue data used here is two times the semi-annual (Dec. 2014) 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.


Mota-Engil Africa NV Asset Turnover Related Terms

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Mota-Engil Africa NV (LTS:0R6D) Business Description

Traded in Other Exchanges
N/A
Address
Mota-Engil Africa NV was incorporated on October 31, 2012 by a notarial deed of incorporation as a private company with limited liability under the laws of the Netherlands. The Company is a provider of integrated engineering and construction services. The Company also provides other services, across its target markets in Sub-Saharan Africa. Its portfolio of services ranges from Engineering and Construction which includes infrastructure such as roads, railways, bridges and dams, mining services, civil construction works and real estate construction and services, Logistics which includes ports and other infrastructure management and Environment and Services which includes waste management and collection and water treatment and distribution. The Company currently operates in ten countries comprising its primary markets of Angola, Malawi and Mozambique as well as its other markets of Cape Verde, Ghana, São Tomé and Príncipe, South Africa, Uganda, Zambia and Zimbabwe.

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