Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Oxford Instruments's Revenue for the
six
months ended in Mar. 2026 was $316.9 Mil. Oxford Instruments's Total Assets for the quarter that ended in Mar. 2026 was $758.1 Mil. Therefore, Oxford Instruments's Asset Turnover for the quarter that ended in Mar. 2026 was 0.42.
Asset Turnover is linked to ROE % through Du Pont Formula. Oxford Instruments's annualizedROE % for the quarter that ended in Mar. 2026 was 20.80%. It is also linked to ROA % through Du Pont Formula. Oxford Instruments's annualizedROA % for the quarter that ended in Mar. 2026 was 12.73%.
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:
Oxford Instruments's annulizedROA % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Oxford Instruments Asset Turnover Related Terms
Oxford Instruments Asset Turnover Historical Data
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The historical data trend for Oxford Instruments'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.
OXINF vs COHR, KEYS, GRMN: Asset Turnover Comparison
For the Scientific & Technical Instruments subindustry, Oxford Instruments'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.
Oxford Instruments Asset Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Oxford Instruments's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Oxford Instruments'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.
Oxford Instruments (OXINF) has a Asset Turnover of 0.42 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Oxford Instruments and its competitors.
Is Oxford Instruments' Asset Turnover too high?
Oxford Instruments' current Asset Turnover is 0.42. Overall, Oxford Instruments has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oxford Instruments' Asset Turnover compare to COHR and KEYS?
Oxford Instruments' Asset Turnover of 0.42 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Oxford Instruments and its competitors. Oxford Instruments's current Asset Turnover is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oxford Instruments stock overvalued right now?
Based on GuruFocus' analysis, Oxford Instruments (OXINF) is currently considered Significantly Overvalued. The stock's GF Value™ is $27.41, compared to a current price of $39.14 — trading 42.8% above its estimated fair value. The current Asset Turnover is 0.42. Oxford Instruments' overall GF Score™ is 80/100 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 Oxford Instruments (OXINF), the current Asset Turnover is 0.42 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 Oxford Instruments (OXINF) Overvalued in 2026?
Based on GuruFocus' analysis, Oxford Instruments stock appears to be overvalued.
The current stock price of $39.14 is trading 42.8% above its estimated GF Value™ of $27.41.
GuruFocus considers Oxford Instruments to be Significantly Overvalued.
Key valuation signals for OXINF:
Asset Turnover: 0.42
GF Value™: $27.41 vs. price of $39.14 (42.8% above fair value)
No single metric tells the full story. See the OXINF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oxford Instruments PLC is engaged in researching, developing, manufacturing, renting, selling, and servicing high-technology tools and systems. The company's operating segment includes Materials and Characterisation; Research and Discovery and Service and Healthcare. It generates maximum revenue from the Materials and Characterisation segment. The Materials and Characterisation segment focuses on applied R&D and commercial customers, enabling the fabrication and characterization of materials and devices down to the atomic scale. Geographically, it derives a majority of its revenue from Asia and also has a presence in Europe, North America, and the Rest of the World.
80GF Score
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