TKH Group NV (STU:TWSA) Asset Turnover: 0.42 (As of Dec. 2025)


STU:TWSA TKH Group NV STU:TWSA
79 GF Score
Price €43.68
GF Value €39.54
Valuation Modestly Overvalued
! 11 Warning Signs
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What is TKH Group NV Asset Turnover?

TKH Group NV STU:TWSA +2.15% 79 Asset Turnover is 0.42 as of Dec. 2025. GuruFocus rates STU:TWSA with a GF Score™ of 79/100 and a GF Value™ of €39.54 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. TKH Group NV's Revenue for the six months ended in Dec. 2025 was €903 Mil. TKH Group NV's Total Assets for the quarter that ended in Dec. 2025 was €2,177 Mil. Therefore, TKH Group NV's Asset Turnover for the quarter that ended in Dec. 2025 was 0.42.

Asset Turnover is linked to ROE % through Du Pont Formula. TKH Group NV's annualized ROE % for the quarter that ended in Dec. 2025 was 18.88%. It is also linked to ROA % through Du Pont Formula. TKH Group NV's annualized ROA % for the quarter that ended in Dec. 2025 was 7.41%.

TKH Group NV  (STU:TWSA) Asset Turnover Explanation

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

TKH Group NV's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=161.398/854.6485
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(161.398 / 1806.046)*(1806.046 / 2176.7045)*(2176.7045/ 854.6485)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.94 %*0.8297*2.5469
=ROA %*Equity Multiplier
=7.41 %*2.5469
=18.88 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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:

TKH Group NV's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=161.398/2176.7045
=(Net Income / Revenue)*(Revenue / Total Assets)
=(161.398 / 1806.046)*(1806.046 / 2176.7045)
=Net Margin %*Asset Turnover
=8.94 %*0.8297
=7.41 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.

TKH Group NV Asset Turnover Related Terms

TKH Group NV Asset Turnover Historical Data

* Premium members only.

The historical data trend for TKH Group NV'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.

TKH Group NV Asset Turnover Chart

TKH Group NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.97 0.88 0.79 0.81

TKH Group NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.43 0.40 0.38 0.39 0.42

STU:TWSA vs CSCO, CIEN, MSI: Asset Turnover Comparison

For the Communication Equipment subindustry, TKH Group NV'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.

TKH Group NV Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, TKH Group NV's Asset Turnover distribution charts can be found below:

* The bar in red indicates where TKH Group NV's Asset Turnover falls into.


STU:TWSA
79GF Score
TKH Group NV STU:TWSA
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TKH Group NV Asset Turnover Calculation

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

TKH Group NV's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1761.167/( (2213.341+2152.37)/ 2 )
=1761.167/2182.8555
=0.81

TKH Group NV's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=903.023/( (2201.039+2152.37)/ 2 )
=903.023/2176.7045
=0.41

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.42 mean?
TKH Group NV (STU:TWSA) has a Asset Turnover of 0.42 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on TKH Group NV and its competitors.
Is TKH Group NV's Asset Turnover too high?
TKH Group NV's current Asset Turnover is 0.42. Overall, TKH Group NV has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TKH Group NV's Asset Turnover compare to CSCO and CIEN?
TKH Group NV's 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 TKH Group NV and its competitors. TKH Group NV'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 TKH Group NV stock overvalued right now?
Based on GuruFocus' analysis, TKH Group NV (STU:TWSA) is currently considered Modestly Overvalued. The stock's GF Value™ is €39.54, compared to a current price of €43.68 — trading 10.5% above its estimated fair value. The current Asset Turnover is 0.42. TKH Group NV's overall GF Score™ is 79/100 with 11 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 TKH Group NV (STU:TWSA), the current Asset Turnover is 0.42 as of Dec. 2025. 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 TKH Group NV (STU:TWSA) Overvalued in 2026?

Based on GuruFocus' analysis, TKH Group NV stock appears to be overvalued. The current stock price of €43.68 is trading 10.5% above its estimated GF Value™ of €39.54. GuruFocus considers TKH Group NV to be Modestly Overvalued.

Key valuation signals for STU:TWSA:

  • Asset Turnover: 0.42
  • GF Value™: €39.54 vs. price of €43.68 (10.5% above fair value)
  • GF Score™: 79/100 with 11 warning signs

No single metric tells the full story. See the STU:TWSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TKH Group NV Business Description

Address Spinnerstraat 15, PO Box 5, Haaksbergen, OV, NLD, 7481 KJ
TKH Group NV is a provider of vertical-specific communications and connectivity solutions. Its operations are organized into three segments, which include Smart Vision systems, Smart Connectivity systems, and Smart Manufacturing systems. The firm derives revenue from the Netherlands, Europe (other), Asia, North America, and other. The Smart Vision systems segment operates through a coherent, vertically integrated business model combining hardware, software, and service focused on delivering end-to-end 2D/3D vision and security solutions. Smart Manufacturing systems segment focuses on delivering automated, software-driven production systems for specialized industrial markets. Smart Connectivity systems segment operates as a technology-driven provider of specialized connectivity solutions.
79GF Score

Get the complete analysis for STU:TWSA

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€43.68
Price
€39.54
GF Value