Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sberbank of Russia PJSC's Revenue for the
three
months ended in Jun. 2023 was ₽715,021 Mil. Sberbank of Russia PJSC's Total Assets for the quarter that ended in Jun. 2023 was ₽43,411,654 Mil. Therefore, Sberbank of Russia PJSC's Asset Turnover for the quarter that ended in Jun. 2023 was 0.02.
Asset Turnover is linked to ROE % through Du Pont Formula. Sberbank of Russia PJSC's annualizedROE % for the quarter that ended in Jun. 2023 was 26.06%. It is also linked to ROA % through Du Pont Formula. Sberbank of Russia PJSC's annualizedROA % for the quarter that ended in Jun. 2023 was 3.48%.
Sberbank of Russia PJSC (MIC:SBER) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Sberbank of Russia PJSC's annulizedROE % for the quarter that ended in Jun. 2023 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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:
Sberbank of Russia PJSC's annulizedROA % for the quarter that ended in Jun. 2023 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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.
Sberbank of Russia PJSC Asset Turnover Related Terms
Sberbank of Russia PJSC Asset Turnover Historical 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.
Sberbank of Russia PJSC Asset Turnover Competitor Comparison
For the Banks - Regional subindustry, Sberbank of Russia PJSC'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.
Sberbank of Russia PJSC Asset Turnover vs Banks Industry
For the Banks industry and Financial Services sector, Sberbank of Russia PJSC's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Sberbank of Russia PJSC'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.
Sberbank of Russia PJSC (MIC:SBER) has a Asset Turnover of 0.02 as of Jun. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sberbank of Russia PJSC and its competitors.
Is Sberbank of Russia PJSC's Asset Turnover too high?
Sberbank of Russia PJSC's current Asset Turnover is 0.02. Overall, Sberbank of Russia PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Sberbank of Russia PJSC's Asset Turnover compare to competitors?
Sberbank of Russia PJSC's Asset Turnover of 0.02 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 Sberbank of Russia PJSC and its competitors. Sberbank of Russia PJSC's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sberbank of Russia PJSC stock overvalued right now?
Sberbank of Russia PJSC (MIC:SBER) has a current Asset Turnover of 0.02. The current Asset Turnover is 0.02. Sberbank of Russia PJSC's overall GF Score™ is 17/100. 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 Sberbank of Russia PJSC (MIC:SBER), the current Asset Turnover is 0.02 as of Jun. 2023. 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.
Sberbank of Russia PJSC is a full-service bank operating primarily in Russia, but with significant exposure to Central and Eastern European countries. The bank has grown into a universal bank through acquisitions since its historical savings bank origins. Sberbank's principal shareholder is the Central Bank of the Russian Federation, which owns just over half of the bank's outstanding shares. The bank's activities are organized by three main priorities: corporate banking, retail banking, and investment banking. Corporate loans constitute the bulk of the bank's earning assets, mostly to corporations with the largest market capitalizations. The bank's development strategy emphasizes customer service, cost management, and technological modernization.
17GF Score
Get the complete analysis for MIC:SBER
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
MIC:SBER has been successfully added to your 
