EdgeLab SpA (MIL:ELB) Asset Turnover: 0.04 (As of Dec. 2025)


MIL:ELB EdgeLab SpA MIL:ELB
16 GF Score
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What is EdgeLab SpA Asset Turnover?

EdgeLab SpA MIL:ELB 16 Asset Turnover is 0.04 as of Dec. 2025. GuruFocus rates MIL:ELB with a GF Score™ of 16/100. 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. EdgeLab SpA's Revenue for the six months ended in Dec. 2025 was €0.16 Mil. EdgeLab SpA's Total Assets for the quarter that ended in Dec. 2025 was €4.35 Mil. Therefore, EdgeLab SpA's Asset Turnover for the quarter that ended in Dec. 2025 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. EdgeLab SpA's annualized ROE % for the quarter that ended in Dec. 2025 was -25.63%. It is also linked to ROA % through Du Pont Formula. EdgeLab SpA's annualized ROA % for the quarter that ended in Dec. 2025 was -22.03%.


EdgeLab SpA  (MIL:ELB) Asset Turnover Explanation

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

EdgeLab SpA's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-0.958/3.7375
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.958 / 0.318)*(0.318 / 4.348)*(4.348/ 3.7375)
=Net Margin %*Asset Turnover*Equity Multiplier
=-301.26 %*0.0731*1.1633
=ROA %*Equity Multiplier
=-22.03 %*1.1633
=-25.63 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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:

EdgeLab SpA's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-0.958/4.348
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.958 / 0.318)*(0.318 / 4.348)
=Net Margin %*Asset Turnover
=-301.26 %*0.0731
=-22.03 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


EdgeLab SpA Asset Turnover Related Terms


EdgeLab SpA Asset Turnover Historical Data

* Premium members only.

The historical data trend for EdgeLab SpA'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.

EdgeLab SpA Asset Turnover Chart

EdgeLab SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Asset Turnover
1.26 2.00 0.45 0.05

EdgeLab SpA Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover Get a 7-Day Free Trial 1.09 0.01 0.49 0.01 0.04

MIL:ELB vs SPCX, GE, RTX: Asset Turnover Comparison

For the Aerospace & Defense subindustry, EdgeLab SpA'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.


EdgeLab SpA Asset Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, EdgeLab SpA's Asset Turnover distribution charts can be found below:

* The bar in red indicates where EdgeLab SpA's Asset Turnover falls into.


MIL:ELB
16GF Score
EdgeLab SpA MIL:ELB
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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EdgeLab SpA Asset Turnover Calculation

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

EdgeLab SpA'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 )
=0.222/( (5.189+4.099)/ 2 )
=0.222/4.644
=0.05

EdgeLab SpA's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=0.159/( (4.597+4.099)/ 2 )
=0.159/4.348
=0.04

* 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 0.04 mean?
EdgeLab SpA (MIL:ELB) has a Asset Turnover of 0.04 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on EdgeLab SpA and its competitors.
Is EdgeLab SpA's Asset Turnover too high?
EdgeLab SpA's current Asset Turnover is 0.04. Overall, EdgeLab SpA has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does EdgeLab SpA's Asset Turnover compare to SPCX and GE?
EdgeLab SpA's Asset Turnover of 0.04 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Asset Turnover depends on the Aerospace & Defense 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 EdgeLab SpA and its competitors. EdgeLab SpA's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EdgeLab SpA stock overvalued right now?
EdgeLab SpA (MIL:ELB) has a current Asset Turnover of 0.04. The current Asset Turnover is 0.04. EdgeLab SpA's overall GF Score™ is 16/100 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 EdgeLab SpA (MIL:ELB), the current Asset Turnover is 0.04 as of Dec. 2025. 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.

EdgeLab SpA Business Description

Address Via Privata OTO, 10, La Spezia, ITA, 19136
EdgeLab SpA specializes in the development of marine and underwater solutions and technologies. The group's activities are organized around 2 divisions: (i) development of marine technologies: solutions for ocean exploration and surveillance in complex underwater environments; (ii) design and manufacture of underwater robots: autonomous underwater vehicles (AUVs) used for deep-sea research and inspection, high-performance marine sensors for collecting environmental data, and unmanned surface vehicles (USVs) designed for operations in shallow waters.
16GF Score

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

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