Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Transat AT's Revenue for the
three
months ended in Apr. 2026 was $747 Mil. Transat AT's Total Assets for the quarter that ended in Apr. 2026 was $1,992 Mil. Therefore, Transat AT's Asset Turnover for the quarter that ended in Apr. 2026 was 0.38.
Asset Turnover is linked to ROE % through Du Pont Formula. Transat AT's annualizedROE % for the quarter that ended in Apr. 2026 was 44.30%. It is also linked to ROA % through Du Pont Formula. Transat AT's annualizedROA % for the quarter that ended in Apr. 2026 was -11.53%.
Transat AT (OTCPK:TRZBF) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Transat AT's annulizedROE % for the quarter that ended in Apr. 2026 is
Note:
The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 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:
Transat AT's annulizedROA % for the quarter that ended in Apr. 2026 is
Note:
The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 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.
Transat AT Asset Turnover Related Terms
Transat AT Asset Turnover Historical Data
* Premium members only.
The historical data trend for Transat AT'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.
TRZBF vs BKNG, ABNB, RCL: Asset Turnover Comparison
For the Travel Services subindustry, Transat AT'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.
Transat AT Asset Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Transat AT's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Transat AT'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.
Transat AT (TRZBF) has a Asset Turnover of 0.38 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Transat AT and its competitors.
Is Transat AT's Asset Turnover too high?
Transat AT's current Asset Turnover is 0.38. Overall, Transat AT has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Transat AT's Asset Turnover compare to BKNG and ABNB?
Transat AT's Asset Turnover of 0.38 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure 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 Transat AT and its competitors. Transat AT's current Asset Turnover is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transat AT stock overvalued right now?
Based on GuruFocus' analysis, Transat AT (TRZBF) is currently considered Fairly Valued. The stock's GF Value™ is $1.95, compared to a current price of $1.79 — trading 8.3% below its estimated fair value. The current Asset Turnover is 0.38. Transat AT's overall GF Score™ is 77/100 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 Transat AT (TRZBF), the current Asset Turnover is 0.38 as of Apr. 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 Transat AT (TRZBF) Overvalued in 2026?
Based on GuruFocus' analysis, Transat AT stock appears to be undervalued.
The current stock price of $1.79 is trading 8.3% below its estimated GF Value™ of $1.95.
GuruFocus considers Transat AT to be Fairly Valued.
Key valuation signals for TRZBF:
Asset Turnover: 0.38
GF Value™: $1.95 vs. price of $1.79 (8.3% below fair value)
No single metric tells the full story. See the TRZBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transat AT Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company's core business consists of a Canadian leisure airline based in Canada that is vertically integrated with its other services of holiday packages, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations. Its geographical segments include the Transatlantic, Americas, and others. It operates in one segment namely holiday travel.
77GF Score
Get the complete analysis for TRZBF
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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