GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sogefi SpA (STU:GEF) » Definitions » Asset Turnover

Sogefi SpA (STU:GEF) Asset Turnover : 0.34 (As of Dec. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Sogefi SpA Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sogefi SpA's Revenue for the three months ended in Dec. 2024 was €256 Mil. Sogefi SpA's Total Assets for the quarter that ended in Dec. 2024 was €759 Mil. Therefore, Sogefi SpA's Asset Turnover for the quarter that ended in Dec. 2024 was 0.34.

Asset Turnover is linked to ROE % through Du Pont Formula. Sogefi SpA's annualized ROE % for the quarter that ended in Dec. 2024 was -11.03%. It is also linked to ROA % through Du Pont Formula. Sogefi SpA's annualized ROA % for the quarter that ended in Dec. 2024 was -4.32%.


Sogefi SpA Asset Turnover Historical Data

The historical data trend for Sogefi 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.

* Premium members only.

Sogefi SpA Asset Turnover Chart

Sogefi SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.08 1.30 1.39 1.08

Sogefi SpA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.69 0.23 0.25 0.29 0.34

Competitive Comparison of Sogefi SpA's Asset Turnover

For the Auto Parts subindustry, Sogefi 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.


Sogefi SpA's Asset Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sogefi SpA's Asset Turnover distribution charts can be found below:

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


;
;

Sogefi SpA Asset Turnover Calculation

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

Sogefi 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 )
=1022.3/( (1145.289+751.6)/ 2 )
=1022.3/948.4445
=1.08

Sogefi 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: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=255.6/( (766.6+751.6)/ 2 )
=255.6/759.1
=0.34

* 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.


Sogefi SpA  (STU:GEF) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-32.8/297.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-32.8 / 1022.4)*(1022.4 / 759.1)*(759.1/ 297.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.21 %*1.3469*2.5516
=ROA %*Equity Multiplier
=-4.32 %*2.5516
=-11.03 %

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

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

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-32.8/759.1
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-32.8 / 1022.4)*(1022.4 / 759.1)
=Net Margin %*Asset Turnover
=-3.21 %*1.3469
=-4.32 %

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


Sogefi SpA Asset Turnover Related Terms

Thank you for viewing the detailed overview of Sogefi SpA's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Sogefi SpA Business Description

Traded in Other Exchanges
Address
Via Ciovassino 1/A, Milan, ITA, 20121
Sogefi SpA supplies original parts for the automotive industry. It develops filtration systems, flexible suspension components, air management and engine cooling systems. The company offers its products under Allevard rejna, coopers fiaam, fram, lp-dn, purflux, sidergarda mollificio bresciano, sogefi pro, united springs brands. It has five segments namely Filtration, Air and Cooling, Car Suspensions, Industrial Vehicle Suspensions and Precision Springs.