Tecnicas Reunidas (MEX:TREN) Asset Turnover: 0.26 (As of Mar. 2026)


MEX:TREN Tecnicas Reunidas SA MEX:TREN
65 GF Score
Price MXN244.58
GF Value MXN162.43
! 2 Warning Signs
View Full Analysis

What is Tecnicas Reunidas Asset Turnover?

Tecnicas Reunidas MEX:TREN 65 Asset Turnover is 0.26 as of Mar. 2026. GuruFocus rates MEX:TREN with a GF Score™ of 65/100 and a GF Value™ of MXN162.43. The stock has 2 warning signs 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. Tecnicas Reunidas's Revenue for the three months ended in Mar. 2026 was MXN33,043 Mil. Tecnicas Reunidas's Total Assets for the quarter that ended in Mar. 2026 was MXN128,873 Mil. Therefore, Tecnicas Reunidas's Asset Turnover for the quarter that ended in Mar. 2026 was 0.26.

Asset Turnover is linked to ROE % through Du Pont Formula. Tecnicas Reunidas's annualized ROE % for the quarter that ended in Mar. 2026 was 10.44%. It is also linked to ROA % through Du Pont Formula. Tecnicas Reunidas's annualized ROA % for the quarter that ended in Mar. 2026 was 0.96%.


Tecnicas Reunidas  (MEX:TREN) Asset Turnover Explanation

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

Tecnicas Reunidas's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1242.484/11902.9785
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1242.484 / 132170.308)*(132170.308 / 128872.5475)*(128872.5475/ 11902.9785)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.94 %*1.0256*10.8269
=ROA %*Equity Multiplier
=0.96 %*10.8269
=10.44 %

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

Tecnicas Reunidas's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1242.484/128872.5475
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1242.484 / 132170.308)*(132170.308 / 128872.5475)
=Net Margin %*Asset Turnover
=0.94 %*1.0256
=0.96 %

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


Tecnicas Reunidas Asset Turnover Related Terms


Tecnicas Reunidas Asset Turnover Historical Data

* Premium members only.

The historical data trend for Tecnicas Reunidas'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.

Tecnicas Reunidas Asset Turnover Chart

Tecnicas Reunidas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.92 0.84 1.05 1.21

Tecnicas Reunidas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.28 0.28 0.34 0.32 0.26

MEX:TREN vs PWR, FIX, EME: Asset Turnover Comparison

For the Engineering & Construction subindustry, Tecnicas Reunidas'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.


Tecnicas Reunidas Asset Turnover vs Construction Industry

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

* The bar in red indicates where Tecnicas Reunidas's Asset Turnover falls into.


MEX:TREN
65GF Score
Tecnicas Reunidas SA MEX:TREN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tecnicas Reunidas Asset Turnover Calculation

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

Tecnicas Reunidas's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=136325.835/( (101095.221+123988.325)/ 2 )
=136325.835/112541.773
=1.21

Tecnicas Reunidas's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=33042.577/( (123988.325+133756.77)/ 2 )
=33042.577/128872.5475
=0.26

* 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 0.26 mean?
Tecnicas Reunidas (MEX:TREN) has a Asset Turnover of 0.26 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tecnicas Reunidas and its competitors.
Is Tecnicas Reunidas' Asset Turnover too high?
Tecnicas Reunidas' current Asset Turnover is 0.26. Overall, Tecnicas Reunidas has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Tecnicas Reunidas' Asset Turnover compare to PWR and FIX?
Tecnicas Reunidas' Asset Turnover of 0.26 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 Tecnicas Reunidas and its competitors. Tecnicas Reunidas's current Asset Turnover is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecnicas Reunidas stock overvalued right now?
Tecnicas Reunidas (MEX:TREN) has a current Asset Turnover of 0.26. The stock's GF Value™ is MXN162.43, compared to a current price of MXN244.58 — trading 50.6% above its estimated fair value. The current Asset Turnover is 0.26. Tecnicas Reunidas' overall GF Score™ is 65/100 with 2 warning signs 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 Tecnicas Reunidas (MEX:TREN), the current Asset Turnover is 0.26 as of Mar. 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 Tecnicas Reunidas (MEX:TREN) Overvalued in 2026?

Based on GuruFocus' analysis, Tecnicas Reunidas stock appears to be overvalued. The current stock price of MXN244.58 is trading 50.6% above its estimated GF Value™ of MXN162.43.

Key valuation signals for MEX:TREN:

  • Asset Turnover: 0.26
  • GF Value™: MXN162.43 vs. price of MXN244.58 (50.6% above fair value)
  • GF Score™: 65/100 with 2 warning signs

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


Tecnicas Reunidas Business Description

Address Arapiles Street, 14, Madrid, ESP, 28015
Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.
65GF Score

Get the complete analysis for MEX:TREN

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

MXN244.58
Price
MXN162.43
GF Value