Eimskipafelag Islands ehf (OISE:EIM) Asset Turnover: 0.29 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OISE:EIM Eimskipafelag Islands ehf OISE:EIM
62 GF Score
Price kr254.00
GF Value kr384.59
Valuation Significantly Undervalued
! 10 Warning Signs
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What is Eimskipafelag Islands ehf Asset Turnover?

Eimskipafelag Islands ehf OISE:EIM -1.55% 62 Asset Turnover is 0.29 as of Mar. 2026. GuruFocus rates OISE:EIM with a GF Score™ of 62/100 and a GF Value™ of kr384.59 (Significantly Undervalued). The stock has 10 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. Eimskipafelag Islands ehf's Revenue for the three months ended in Mar. 2026 was kr27,793 Mil. Eimskipafelag Islands ehf's Total Assets for the quarter that ended in Mar. 2026 was kr94,738 Mil. Therefore, Eimskipafelag Islands ehf's Asset Turnover for the quarter that ended in Mar. 2026 was 0.29.

Asset Turnover is linked to ROE % through Du Pont Formula. Eimskipafelag Islands ehf's annualized ROE % for the quarter that ended in Mar. 2026 was -6.10%. It is also linked to ROA % through Du Pont Formula. Eimskipafelag Islands ehf's annualized ROA % for the quarter that ended in Mar. 2026 was -2.75%.


Eimskipafelag Islands ehf  (OISE:EIM) Asset Turnover Explanation

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

Eimskipafelag Islands ehf's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-2603.08/42686.681
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2603.08 / 111172.216)*(111172.216 / 94738.3925)*(94738.3925/ 42686.681)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.34 %*1.1735*2.2194
=ROA %*Equity Multiplier
=-2.75 %*2.2194
=-6.10 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Eimskipafelag Islands ehf's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-2603.08/94738.3925
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2603.08 / 111172.216)*(111172.216 / 94738.3925)
=Net Margin %*Asset Turnover
=-2.34 %*1.1735
=-2.75 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Eimskipafelag Islands ehf Asset Turnover Related Terms


Eimskipafelag Islands ehf Asset Turnover Historical Data

* Premium members only.

The historical data trend for Eimskipafelag Islands ehf'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.

Eimskipafelag Islands ehf Asset Turnover Chart

Eimskipafelag Islands ehf Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.59 1.29 1.29 1.31

Eimskipafelag Islands ehf Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.31 0.31 0.31 0.31 0.29

OISE:EIM vs UPS, FDX, JBHT: Asset Turnover Comparison

For the Integrated Freight & Logistics subindustry, Eimskipafelag Islands ehf'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.


Eimskipafelag Islands ehf Asset Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Eimskipafelag Islands ehf's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Eimskipafelag Islands ehf's Asset Turnover falls into.


OISE:EIM
62GF Score
Eimskipafelag Islands ehf OISE:EIM
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Eimskipafelag Islands ehf Asset Turnover Calculation

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

Eimskipafelag Islands ehf'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 )
=118411.149/( (87619.488+93816.061)/ 2 )
=118411.149/90717.7745
=1.31

Eimskipafelag Islands ehf's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=27793.054/( (93816.061+95660.724)/ 2 )
=27793.054/94738.3925
=0.29

* 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 0.29 mean?
Eimskipafelag Islands ehf (OISE:EIM) has a Asset Turnover of 0.29 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Eimskipafelag Islands ehf and its competitors.
Is Eimskipafelag Islands ehf's Asset Turnover too high?
Eimskipafelag Islands ehf's current Asset Turnover is 0.29. Overall, Eimskipafelag Islands ehf has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eimskipafelag Islands ehf's Asset Turnover compare to UPS and FDX?
Eimskipafelag Islands ehf's Asset Turnover of 0.29 can be compared against companies in the Transportation 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 Transportation company?
A good Asset Turnover depends on the Transportation 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 Eimskipafelag Islands ehf and its competitors. Eimskipafelag Islands ehf's current Asset Turnover is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eimskipafelag Islands ehf stock overvalued right now?
Based on GuruFocus' analysis, Eimskipafelag Islands ehf (OISE:EIM) is currently considered Significantly Undervalued. The stock's GF Value™ is kr384.59, compared to a current price of kr254.00 — trading 34% below its estimated fair value. The current Asset Turnover is 0.29. Eimskipafelag Islands ehf's overall GF Score™ is 62/100 with 10 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 Eimskipafelag Islands ehf (OISE:EIM), the current Asset Turnover is 0.29 as of Mar. 2026. 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.

Is Eimskipafelag Islands ehf (OISE:EIM) Overvalued in 2026?

Based on GuruFocus' analysis, Eimskipafelag Islands ehf stock appears to be undervalued. The current stock price of kr254.00 is trading 34% below its estimated GF Value™ of kr384.59. GuruFocus considers Eimskipafelag Islands ehf to be Significantly Undervalued.

Key valuation signals for OISE:EIM:

  • Asset Turnover: 0.29
  • GF Value™: kr384.59 vs. price of kr254.00 (34% below fair value)
  • GF Score™: 62/100 with 10 warning signs

No single metric tells the full story. See the OISE:EIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eimskipafelag Islands ehf Business Description

Address Sundabakki 2, Reykjavik, ISL, 104
Eimskipafelag Islands ehf provides shipping, logistics, and supply chain services. The company's operations are divided into two market segments namely Liner services and Forwarding services. The liner services segment includes operations such as port operations, cold storage facilities, warehousing, trucking and distribution, air freight, and agency services in Iceland and Norway. The forwarding services segment includes reefer forwarding, a system based on a network of own offices, association with deep-sea lines, and associates. The company earns the majority of its revenues from Iceland, the Faroe Islands, and Asia.
62GF Score

Get the complete analysis for OISE:EIM

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

kr254.00
Price
kr384.59
GF Value