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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Harju Elekter Group's Revenue for the
three
months ended in Jun. 2026 was €42.1 Mil. Harju Elekter Group's Total Assets for the quarter that ended in Jun. 2026 was €161.2 Mil. Therefore, Harju Elekter Group's Asset Turnover for the quarter that ended in Jun. 2026 was 0.26.
Asset Turnover is linked to ROE % through Du Pont Formula. Harju Elekter Group's annualizedROE % for the quarter that ended in Jun. 2026 was 1.12%. It is also linked to ROA % through Du Pont Formula. Harju Elekter Group's annualizedROA % for the quarter that ended in Jun. 2026 was 0.67%.
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:
Harju Elekter Group'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.
Harju Elekter Group Asset Turnover Related Terms
Harju Elekter Group Asset Turnover Historical Data
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The historical data trend for Harju Elekter Group'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.
STU:HD8 vs VRT, BE, HUBB: Asset Turnover Comparison
For the Electrical Equipment & Parts subindustry, Harju Elekter Group'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.
Harju Elekter Group Asset Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Harju Elekter Group's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Harju Elekter Group'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.
Harju Elekter Group (STU:HD8) has a Asset Turnover of 0.26 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Harju Elekter Group and its competitors.
Is Harju Elekter Group's Asset Turnover too high?
Harju Elekter Group's current Asset Turnover is 0.26. Overall, Harju Elekter Group has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Harju Elekter Group's Asset Turnover compare to VRT and BE?
Harju Elekter Group's Asset Turnover of 0.26 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Harju Elekter Group and its competitors. Harju Elekter Group's current Asset Turnover is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harju Elekter Group stock overvalued right now?
Harju Elekter Group (STU:HD8) has a current Asset Turnover of 0.26. The stock's GF Value™ is €4.20, compared to a current price of €5.02 — trading 19.5% above its estimated fair value. The current Asset Turnover is 0.26. Harju Elekter Group's overall GF Score™ is 64/100 with 4 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 Harju Elekter Group (STU:HD8), the current Asset Turnover is 0.26 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 Harju Elekter Group (STU:HD8) Overvalued in 2026?
Based on GuruFocus' analysis, Harju Elekter Group stock appears to be overvalued.
The current stock price of €5.02 is trading 19.5% above its estimated GF Value™ of €4.20.
Key valuation signals for STU:HD8:
Asset Turnover: 0.26
GF Value™: €4.20 vs. price of €5.02 (19.5% above fair value)
No single metric tells the full story. See the STU:HD8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harju Elekter Group is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Its Other activities include the management of financial investments, electrical installation works in shipbuilding, and the retail and project sales of electrical goods.
64GF Score
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