EnertronicaSanterno SpA (MIL:ENT) Asset Turnover: 0.22 (As of Dec. 2021)


MIL:ENT EnertronicaSanterno SpA MIL:ENT
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What is EnertronicaSanterno SpA Asset Turnover?

EnertronicaSanterno SpA MIL:ENT 4 Asset Turnover is 0.22 as of Dec. 2021. GuruFocus rates MIL:ENT with a GF Score™ of 4/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. EnertronicaSanterno SpA's Revenue for the six months ended in Dec. 2021 was €16.44 Mil. EnertronicaSanterno SpA's Total Assets for the quarter that ended in Dec. 2021 was €73.82 Mil. Therefore, EnertronicaSanterno SpA's Asset Turnover for the quarter that ended in Dec. 2021 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. EnertronicaSanterno SpA's annualized ROE % for the quarter that ended in Dec. 2021 was 242.95%. It is also linked to ROA % through Du Pont Formula. EnertronicaSanterno SpA's annualized ROA % for the quarter that ended in Dec. 2021 was -40.41%.


EnertronicaSanterno SpA  (MIL:ENT) Asset Turnover Explanation

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

EnertronicaSanterno SpA's annulized ROE % for the quarter that ended in Dec. 2021 is

ROE %**(Q: Dec. 2021 )
=Net Income/Total Stockholders Equity
=-29.832/-12.279
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-29.832 / 32.88)*(32.88 / 73.815)*(73.815/ -12.279)
=Net Margin %*Asset Turnover*Equity Multiplier
=-90.73 %*0.4454*-6.0115
=ROA %*Equity Multiplier
=-40.41 %*-6.0115
=242.95 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2021) net income data. The Revenue data used here is two times the semi-annual (Dec. 2021) 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:

EnertronicaSanterno SpA's annulized ROA % for the quarter that ended in Dec. 2021 is

ROA %(Q: Dec. 2021 )
=Net Income/Total Assets
=-29.832/73.815
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-29.832 / 32.88)*(32.88 / 73.815)
=Net Margin %*Asset Turnover
=-90.73 %*0.4454
=-40.41 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2021) net income data. The Revenue data used here is two times the semi-annual (Dec. 2021) 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.


EnertronicaSanterno SpA Asset Turnover Related Terms


EnertronicaSanterno SpA Asset Turnover Historical Data

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The historical data trend for EnertronicaSanterno 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.

EnertronicaSanterno SpA Asset Turnover Chart

EnertronicaSanterno SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.90 0.39 0.51 0.54

EnertronicaSanterno SpA Semi-Annual Data
Jun12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Dec22
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 0.14 0.29 0.24 0.22 0.00

MIL:ENT vs ENPH, SEDG, FSLR: Asset Turnover Comparison

For the Solar subindustry, EnertronicaSanterno 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.


EnertronicaSanterno SpA Asset Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, EnertronicaSanterno SpA's Asset Turnover distribution charts can be found below:

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


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EnertronicaSanterno SpA Asset Turnover Calculation

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

EnertronicaSanterno SpA's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=28.264/( (62.409+41.442)/ 2 )
=28.264/51.9255
=0.54

EnertronicaSanterno SpA's Asset Turnover for the quarter that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=16.44/( (85.221+62.409)/ 2 )
=16.44/73.815
=0.22

* 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 0.22 mean?
EnertronicaSanterno SpA (MIL:ENT) has a Asset Turnover of 0.22 as of Dec. 2021. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on EnertronicaSanterno SpA and its competitors.
Is EnertronicaSanterno SpA's Asset Turnover too high?
EnertronicaSanterno SpA's current Asset Turnover is 0.22. Overall, EnertronicaSanterno SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does EnertronicaSanterno SpA's Asset Turnover compare to ENPH and SEDG?
EnertronicaSanterno SpA's Asset Turnover of 0.22 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Asset Turnover depends on the Semiconductors 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 EnertronicaSanterno SpA and its competitors. EnertronicaSanterno SpA's current Asset Turnover is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EnertronicaSanterno SpA stock overvalued right now?
EnertronicaSanterno SpA (MIL:ENT) has a current Asset Turnover of 0.22. The current Asset Turnover is 0.22. EnertronicaSanterno SpA's overall GF Score™ is 4/100. 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 EnertronicaSanterno SpA (MIL:ENT), the current Asset Turnover is 0.22 as of Dec. 2021. 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.

EnertronicaSanterno SpA Business Description

Address Via della Concia 7, Castel Guelfo, Bologna, ITA, 40023
EnertronicaSanterno SpA operates in the energy and power electronics sector. It manufactures motor drives and inverters for applications in the Industrial Automation and Solar Energy industries. The company operates across various business lines which include; Industrial Automation, Industrial Service, Photovoltaic Inverters, Energy, and Others. Maximum revenue is derived from its Photovoltaic inverters business line which is mainly concerned with the production of centralized photovoltaic inverters for utility-scale applications. The company also holds investments in solar plants and provides maintenance services for its industrial and photovoltaic inverters. Geographically, it derives maximum revenue from Italy and other European countries followed by Africa, America, and other regions.
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