Tuimazinskiy Zavod Avtobetonovozov PTC (MIC:TUZA) Asset Turnover: 0.73 (As of Sep. 2023)


MIC:TUZA Tuimazinskiy Zavod Avtobetonovozov PTC MIC:TUZA
17 GF Score
Price ₽86.80
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What is Tuimazinskiy Zavod Avtobetonovozov PTC Asset Turnover?

Tuimazinskiy Zavod Avtobetonovozov PTC MIC:TUZA +8.50% 17 Asset Turnover is 0.73 as of Sep. 2023. GuruFocus rates MIC:TUZA with a GF Score™ of 17/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Tuimazinskiy Zavod Avtobetonovozov PTC's Revenue for the three months ended in Sep. 2023 was ₽2,770 Mil. Tuimazinskiy Zavod Avtobetonovozov PTC's Total Assets for the quarter that ended in Sep. 2023 was ₽3,811 Mil. Therefore, Tuimazinskiy Zavod Avtobetonovozov PTC's Asset Turnover for the quarter that ended in Sep. 2023 was 0.73.

Asset Turnover is linked to ROE % through Du Pont Formula. Tuimazinskiy Zavod Avtobetonovozov PTC's annualized ROE % for the quarter that ended in Sep. 2023 was 45.94%. It is also linked to ROA % through Du Pont Formula. Tuimazinskiy Zavod Avtobetonovozov PTC's annualized ROA % for the quarter that ended in Sep. 2023 was 9.63%.


Tuimazinskiy Zavod Avtobetonovozov PTC  (MIC:TUZA) Asset Turnover Explanation

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

Tuimazinskiy Zavod Avtobetonovozov PTC's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=367.16/799.281
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(367.16 / 11078.124)*(11078.124 / 3811.347)*(3811.347/ 799.281)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.31 %*2.9066*4.7685
=ROA %*Equity Multiplier
=9.63 %*4.7685
=45.94 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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:

Tuimazinskiy Zavod Avtobetonovozov PTC's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=367.16/3811.347
=(Net Income / Revenue)*(Revenue / Total Assets)
=(367.16 / 11078.124)*(11078.124 / 3811.347)
=Net Margin %*Asset Turnover
=3.31 %*2.9066
=9.63 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Tuimazinskiy Zavod Avtobetonovozov PTC Asset Turnover Related Terms


Tuimazinskiy Zavod Avtobetonovozov PTC Asset Turnover Historical Data

* Premium members only.

The historical data trend for Tuimazinskiy Zavod Avtobetonovozov PTC'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.

Tuimazinskiy Zavod Avtobetonovozov PTC Asset Turnover Chart

Tuimazinskiy Zavod Avtobetonovozov PTC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 2.48 2.22 2.52 2.98

Tuimazinskiy Zavod Avtobetonovozov PTC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
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 0.94 0.86 0.98 0.00 0.73

MIC:TUZA vs CAT, DE, PCAR: Asset Turnover Comparison

For the Farm & Heavy Construction Machinery subindustry, Tuimazinskiy Zavod Avtobetonovozov PTC'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.


Tuimazinskiy Zavod Avtobetonovozov PTC Asset Turnover vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tuimazinskiy Zavod Avtobetonovozov PTC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Tuimazinskiy Zavod Avtobetonovozov PTC's Asset Turnover falls into.


MIC:TUZA
17GF Score
Tuimazinskiy Zavod Avtobetonovozov PTC MIC:TUZA
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tuimazinskiy Zavod Avtobetonovozov PTC Asset Turnover Calculation

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

Tuimazinskiy Zavod Avtobetonovozov PTC's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=2733.491/( (729.232+1104.361)/ 2 )
=2733.491/916.7965
=2.98

Tuimazinskiy Zavod Avtobetonovozov PTC's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=2769.531/( (3451.95+4170.744)/ 2 )
=2769.531/3811.347
=0.73

* 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 0.73 mean?
Tuimazinskiy Zavod Avtobetonovozov PTC (MIC:TUZA) has a Asset Turnover of 0.73 as of Sep. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tuimazinskiy Zavod Avtobetonovozov PTC and its competitors.
Is Tuimazinskiy Zavod Avtobetonovozov PTC's Asset Turnover too high?
Tuimazinskiy Zavod Avtobetonovozov PTC's current Asset Turnover is 0.73. Overall, Tuimazinskiy Zavod Avtobetonovozov PTC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Tuimazinskiy Zavod Avtobetonovozov PTC's Asset Turnover compare to CAT and DE?
Tuimazinskiy Zavod Avtobetonovozov PTC's Asset Turnover of 0.73 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Asset Turnover depends on the Farm & Heavy Construction Machinery 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 Tuimazinskiy Zavod Avtobetonovozov PTC and its competitors. Tuimazinskiy Zavod Avtobetonovozov PTC's current Asset Turnover is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tuimazinskiy Zavod Avtobetonovozov PTC stock overvalued right now?
Tuimazinskiy Zavod Avtobetonovozov PTC (MIC:TUZA) has a current Asset Turnover of 0.73. The current Asset Turnover is 0.73. Tuimazinskiy Zavod Avtobetonovozov PTC'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 Tuimazinskiy Zavod Avtobetonovozov PTC (MIC:TUZA), the current Asset Turnover is 0.73 as of Sep. 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.

Tuimazinskiy Zavod Avtobetonovozov PTC Business Description

Address 17 Oktyabrya Street, Tuimazy, Republic of Bashkortostan, RUS, 452755
Tuimazinskiy Zavod Avtobetonovozov PTC manufactures special equipment for concrete and other industries. The company specializes in the design and production of special equipment for the construction, municipal, agricultural, oil and gas industries. The product portfolio includes concrete mixers, fire foam, stationary concrete pumps, trailers, among others.
17GF Score

Get the complete analysis for MIC:TUZA

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

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