The Descartes Systems Group (MEX:DSG N) Asset Turnover: 0.10 (As of Apr. 2026)


MEX:DSG N The Descartes Systems Group Inc MEX:DSG N
85 GF Score
Price MXN1,264.95
GF Value MXN2,129.50
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What is The Descartes Systems Group Asset Turnover?

The Descartes Systems Group MEX:DSG N 85 Asset Turnover is 0.10 as of Apr. 2026. GuruFocus rates MEX:DSG N with a GF Score™ of 85/100 and a GF Value™ of MXN2,129.50.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. The Descartes Systems Group's Revenue for the three months ended in Apr. 2026 was MXN3,391 Mil. The Descartes Systems Group's Total Assets for the quarter that ended in Apr. 2026 was MXN33,265 Mil. Therefore, The Descartes Systems Group's Asset Turnover for the quarter that ended in Apr. 2026 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. The Descartes Systems Group's annualized ROE % for the quarter that ended in Apr. 2026 was 11.99%. It is also linked to ROA % through Du Pont Formula. The Descartes Systems Group's annualized ROA % for the quarter that ended in Apr. 2026 was 10.21%.


The Descartes Systems Group  (MEX:DSG N) Asset Turnover Explanation

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

The Descartes Systems Group's annulized ROE % for the quarter that ended in Apr. 2026 is

ROE %**(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=3396.44/28316.7345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3396.44 / 13565.94)*(13565.94 / 33264.9765)*(33264.9765/ 28316.7345)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.04 %*0.4078*1.1747
=ROA %*Equity Multiplier
=10.21 %*1.1747
=11.99 %

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:

The Descartes Systems Group's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=3396.44/33264.9765
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3396.44 / 13565.94)*(13565.94 / 33264.9765)
=Net Margin %*Asset Turnover
=25.04 %*0.4078
=10.21 %

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.


The Descartes Systems Group Asset Turnover Related Terms


The Descartes Systems Group Asset Turnover Historical Data

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The historical data trend for The Descartes Systems Group'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.

The Descartes Systems Group Asset Turnover Chart

The Descartes Systems Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.37 0.39 0.45 0.38

The Descartes Systems Group 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 0.10 0.10 0.10 0.10 0.10

MEX:DSG N vs CRM, SHOP, UBER: Asset Turnover Comparison

For the Software - Application subindustry, The Descartes Systems Group'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.


The Descartes Systems Group Asset Turnover vs Software Industry

For the Software industry and Technology sector, The Descartes Systems Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where The Descartes Systems Group's Asset Turnover falls into.


MEX:DSG N
85GF Score
The Descartes Systems Group Inc MEX:DSG N
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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The Descartes Systems Group Asset Turnover Calculation

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

The Descartes Systems Group's Asset Turnover for the fiscal year that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2026 )/( (Total Assets (A: Jan. 2025 )+Total Assets (A: Jan. 2026 ))/ count )
=12647.501/( (33983.885+32888.461)/ 2 )
=12647.501/33436.173
=0.38

The Descartes Systems Group'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 )
=3391.485/( (32888.461+33641.492)/ 2 )
=3391.485/33264.9765
=0.10

* 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 0.10 mean?
The Descartes Systems Group (MEX:DSG N) has a Asset Turnover of 0.10 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on The Descartes Systems Group and its competitors.
Is The Descartes Systems Group's Asset Turnover too high?
The Descartes Systems Group's current Asset Turnover is 0.10. Overall, The Descartes Systems Group has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does The Descartes Systems Group's Asset Turnover compare to CRM and SHOP?
The Descartes Systems Group's Asset Turnover of 0.10 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 The Descartes Systems Group and its competitors. The Descartes Systems Group's current Asset Turnover is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Descartes Systems Group stock overvalued right now?
The Descartes Systems Group (MEX:DSG N) has a current Asset Turnover of 0.10. The stock's GF Value™ is MXN2,129.50, compared to a current price of MXN1,264.95 — trading 40.6% below its estimated fair value. The current Asset Turnover is 0.10. The Descartes Systems Group's overall GF Score™ is 85/100. 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 The Descartes Systems Group (MEX:DSG N), the current Asset Turnover is 0.10 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 The Descartes Systems Group (MEX:DSG N) Overvalued in 2026?

Based on GuruFocus' analysis, The Descartes Systems Group stock appears to be undervalued. The current stock price of MXN1,264.95 is trading 40.6% below its estimated GF Value™ of MXN2,129.50.

Key valuation signals for MEX:DSG N:

  • Asset Turnover: 0.10
  • GF Value™: MXN2,129.50 vs. price of MXN1,264.95 (40.6% below fair value)
  • GF Score™: 85/100

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


The Descartes Systems Group Business Description

Address 120 Randall Drive, Waterloo, ON, CAN, N2V 1C6
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
85GF Score

Get the complete analysis for MEX:DSG N

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

MXN1,264.95
Price
MXN2,129.50
GF Value