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Endor AG (STU:E2N) Asset Turnover : 0.23 (As of Mar. 2024)


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What is Endor AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Endor AG's Revenue for the three months ended in Mar. 2024 was €30.80 Mil. Endor AG's Total Assets for the quarter that ended in Mar. 2024 was €136.90 Mil. Therefore, Endor AG's Asset Turnover for the quarter that ended in Mar. 2024 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Endor AG's annualized ROE % for the quarter that ended in Mar. 2024 was 12.50%. It is also linked to ROA % through Du Pont Formula. Endor AG's annualized ROA % for the quarter that ended in Mar. 2024 was 1.17%.


Endor AG Asset Turnover Historical Data

The historical data trend for Endor AG'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.

* Premium members only.

Endor AG Asset Turnover Chart

Endor AG 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 1.98 2.21 2.17 1.31 1.43

Endor AG Quarterly Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 0.20 0.17 0.19 0.18 0.23

Competitive Comparison of Endor AG's Asset Turnover

For the Electronic Gaming & Multimedia subindustry, Endor AG'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.


Endor AG's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Endor AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Endor AG's Asset Turnover falls into.


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Endor AG Asset Turnover Calculation

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

Endor AG'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 )
=122.755/( (70.557+101.291)/ 2 )
=122.755/85.924
=1.43

Endor AG's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=30.8/( (136.9+0)/ 1 )
=30.8/136.9
=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.


Endor AG  (STU:E2N) Asset Turnover Explanation

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

Endor AG's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1.6/12.8
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.6 / 123.2)*(123.2 / 136.9)*(136.9/ 12.8)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.3 %*0.8999*10.6953
=ROA %*Equity Multiplier
=1.17 %*10.6953
=12.50 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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:

Endor AG's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=1.6/136.9
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.6 / 123.2)*(123.2 / 136.9)
=Net Margin %*Asset Turnover
=1.3 %*0.8999
=1.17 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Endor AG Asset Turnover Related Terms

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Endor AG Business Description

Traded in Other Exchanges
Address
E.ON-Allee 3, Landshut, BY, DEU, 84036
Endor AG develops and markets computer input devices. The company provides racing wheels, steering wheels and controllers, pedals, handbrakes, seats, adapters, wheelbases, wheel stands, gears, shifters, and cockpits. The company is also a producer of gaming mice. Endor sells its products primarily to end customers in Europe, the US, Canada, Australia and Japan under the FANATEC brand, largely via e-commerce.
Executives
Daniel Meyberg Board of Directors
Thomas Jackermeier Board of Directors
Andreas Potthoff Supervisory Board

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