Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Merko Ehitus AS's Revenue for the
three
months ended in Jun. 2026 was €92.7 Mil. Merko Ehitus AS's Total Assets for the quarter that ended in Jun. 2026 was €431.5 Mil. Therefore, Merko Ehitus AS's Asset Turnover for the quarter that ended in Jun. 2026 was 0.22.
Asset Turnover is linked to ROE % through Du Pont Formula. Merko Ehitus AS's annualizedROE % for the quarter that ended in Jun. 2026 was 13.18%. It is also linked to ROA % through Du Pont Formula. Merko Ehitus AS's annualizedROA % for the quarter that ended in Jun. 2026 was 7.88%.
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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:
Merko Ehitus AS's annulizedROA % for the quarter that ended in Jun. 2026 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
Merko Ehitus AS Asset Turnover Related Terms
Merko Ehitus AS Asset Turnover Historical Data
* Premium members only.
The historical data trend for Merko Ehitus AS'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.
OTSE:MRK1T vs PWR, FIX, EME: Asset Turnover Comparison
For the Engineering & Construction subindustry, Merko Ehitus AS'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.
Merko Ehitus AS Asset Turnover vs Construction Industry
For the Construction industry and Industrials sector, Merko Ehitus AS's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Merko Ehitus AS's Asset Turnover falls into.
* 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.
Merko Ehitus AS (OTSE:MRK1T) has a Asset Turnover of 0.22 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Merko Ehitus AS and its competitors.
Is Merko Ehitus AS's Asset Turnover too high?
Merko Ehitus AS's current Asset Turnover is 0.22. Overall, Merko Ehitus AS has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merko Ehitus AS's Asset Turnover compare to PWR and FIX?
Merko Ehitus AS's Asset Turnover of 0.22 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Merko Ehitus AS and its competitors. Merko Ehitus AS'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 Merko Ehitus AS stock overvalued right now?
Based on GuruFocus' analysis, Merko Ehitus AS (OTSE:MRK1T) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.51, compared to a current price of €26.85 — trading 98.7% above its estimated fair value. The current Asset Turnover is 0.22. Merko Ehitus AS's overall GF Score™ is 70/100 with 9 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 Merko Ehitus AS (OTSE:MRK1T), the current Asset Turnover is 0.22 as of Jun. 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 Merko Ehitus AS (OTSE:MRK1T) Overvalued in 2026?
Based on GuruFocus' analysis, Merko Ehitus AS stock appears to be overvalued.
The current stock price of €26.85 is trading 98.7% above its estimated GF Value™ of €13.51.
GuruFocus considers Merko Ehitus AS to be Significantly Overvalued.
Key valuation signals for OTSE:MRK1T:
Asset Turnover: 0.22
GF Value™: €13.51 vs. price of €26.85 (98.7% above fair value)
No single metric tells the full story. See the OTSE:MRK1T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merko Ehitus AS is a construction company. The company is engaged in the business of general contracting of construction and on providing complete solutions in professional construction and real estate development. The company operates under two reportable segments: construction service and real estate development. Construction service contributes to the majority of the revenue. The Construction service segment includes all projects of the home markets in general construction, civil engineering, electrical construction and concrete works services. The firm operates mainly in Estonia, Lithuania, Latvia, and Norway. Geographically, the company generates the majority of its revenue from Estonia.
70GF Score
Get the complete analysis for OTSE:MRK1T
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OTSE:MRK1T has been successfully added to your 
