Otofarma SpA (MIL:OTO) Asset Turnover: 1.65 (As of Dec. 2024)


MIL:OTO Otofarma SpA MIL:OTO
16 GF Score
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What is Otofarma SpA Asset Turnover?

Otofarma SpA MIL:OTO -0.71% 16 Asset Turnover is 1.65 as of Dec. 2024. GuruFocus rates MIL:OTO with a GF Score™ of 16/100. The stock has 1 warning sign 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. Otofarma SpA's Revenue for the six months ended in Dec. 2024 was €15.20 Mil. Otofarma SpA's Total Assets for the quarter that ended in Dec. 2024 was €9.20 Mil. Therefore, Otofarma SpA's Asset Turnover for the quarter that ended in Dec. 2024 was 1.65.

Asset Turnover is linked to ROE % through Du Pont Formula. Otofarma SpA's annualized ROE % for the quarter that ended in Dec. 2024 was 33.40%. It is also linked to ROA % through Du Pont Formula. Otofarma SpA's annualized ROA % for the quarter that ended in Dec. 2024 was 15.17%.

Otofarma SpA  (MIL:OTO) Asset Turnover Explanation

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

Otofarma SpA's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=1.396/4.1795
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.396 / 30.4)*(30.4 / 9.2005)*(9.2005/ 4.1795)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.59 %*3.3042*2.2013
=ROA %*Equity Multiplier
=15.17 %*2.2013
=33.40 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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:

Otofarma SpA's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=1.396/9.2005
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.396 / 30.4)*(30.4 / 9.2005)
=Net Margin %*Asset Turnover
=4.59 %*3.3042
=15.17 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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.

Otofarma SpA Asset Turnover Related Terms

Otofarma SpA Asset Turnover Historical Data

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The historical data trend for Otofarma 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.

Otofarma SpA Asset Turnover Chart

Otofarma SpA Annual Data
Trend Dec23 Dec24
Asset Turnover
1.47 1.65

Otofarma SpA Semi-Annual Data
Dec23 Dec24
Asset Turnover 1.47 1.65

MIL:OTO vs ABT, SYK, MDT: Asset Turnover Comparison

For the Medical Devices subindustry, Otofarma 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.

Otofarma SpA Asset Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Otofarma SpA's Asset Turnover distribution charts can be found below:

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


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

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

Otofarma SpA's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=15.2/( (8.218+10.183)/ 2 )
=15.2/9.2005
=1.65

Otofarma SpA's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=15.2/( (8.218+10.183)/ 2 )
=15.2/9.2005
=1.65

* 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 1.65 mean?
Otofarma SpA (MIL:OTO) has a Asset Turnover of 1.65 as of Dec. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Otofarma SpA and its competitors.
Is Otofarma SpA's Asset Turnover too high?
Otofarma SpA's current Asset Turnover is 1.65. Overall, Otofarma SpA has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Otofarma SpA's Asset Turnover compare to ABT and SYK?
Otofarma SpA's Asset Turnover of 1.65 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Asset Turnover depends on the Medical Devices & Instruments 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 Otofarma SpA and its competitors. Otofarma SpA's current Asset Turnover is 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otofarma SpA stock overvalued right now?
Otofarma SpA (MIL:OTO) has a current Asset Turnover of 1.65. The current Asset Turnover is 1.65. Otofarma SpA's overall GF Score™ is 16/100 with 1 warning sign 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 Otofarma SpA (MIL:OTO), the current Asset Turnover is 1.65 as of Dec. 2024. 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.

Otofarma SpA Business Description

Address Ripuaria Way, 50k, Marina di Varcaturo, Naples, ITA, 80014
Otofarma SpA is engaged in the construction and production of hearing aids, is constantly growing in the audiological field to provide adequate responses to every type of hearing aid need to its customers who require the possible personalized application of custom-made hearing aids. It provides otoacoustic medical devices and TELEMEDICINE services exclusively in affiliated pharmacies, possessing a portfolio of Instrumental IT patents.
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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