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UBM (UBMPY) Asset Turnover : 0.22 (As of Dec. 2017)


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What is UBM Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. UBM's Revenue for the six months ended in Dec. 2017 was $743 Mil. UBM's Total Assets for the quarter that ended in Dec. 2017 was $3,322 Mil. Therefore, UBM's Asset Turnover for the quarter that ended in Dec. 2017 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. UBM's annualized ROE % for the quarter that ended in Dec. 2017 was 16.81%. It is also linked to ROA % through Du Pont Formula. UBM's annualized ROA % for the quarter that ended in Dec. 2017 was 7.84%.


UBM Asset Turnover Historical Data

The historical data trend for UBM'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.

UBM Asset Turnover Chart

UBM Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.32 0.36 0.33 0.41

UBM Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 0.19 0.16 0.17 0.17 0.22

Competitive Comparison of UBM's Asset Turnover

For the Advertising Agencies subindustry, UBM'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.


UBM's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, UBM's Asset Turnover distribution charts can be found below:

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



UBM Asset Turnover Calculation

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

UBM's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=1344.37/( (3294.632+3286.863)/ 2 )
=1344.37/3290.7475
=0.41

UBM's Asset Turnover for the quarter that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Dec. 2017 ))/ count )
=743.298/( (3356.338+3286.863)/ 2 )
=743.298/3321.6005
=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.


UBM  (OTCPK:UBMPY) Asset Turnover Explanation

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

UBM's annulized ROE % for the quarter that ended in Dec. 2017 is

ROE %**(Q: Dec. 2017 )
=Net Income/Total Stockholders Equity
=260.322/1548.514
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(260.322 / 1486.596)*(1486.596 / 3321.6005)*(3321.6005/ 1548.514)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.51 %*0.4476*2.145
=ROA %*Equity Multiplier
=7.84 %*2.145
=16.81 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2017) net income data. The Revenue data used here is two times the semi-annual (Dec. 2017) 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:

UBM's annulized ROA % for the quarter that ended in Dec. 2017 is

ROA %(Q: Dec. 2017 )
=Net Income/Total Assets
=260.322/3321.6005
=(Net Income / Revenue)*(Revenue / Total Assets)
=(260.322 / 1486.596)*(1486.596 / 3321.6005)
=Net Margin %*Asset Turnover
=17.51 %*0.4476
=7.84 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2017) net income data. The Revenue data used here is two times the semi-annual (Dec. 2017) 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.


UBM Asset Turnover Related Terms

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


UBM (UBMPY) Business Description

Traded in Other Exchanges
N/A
Address
UBM PLC is a United Kingdom-based global business-to-business organizer. In addition to focusing on business-to-business events, the company operates live media, communication, and marketing services. The majority of the company's revenue is derived from it organization of business events such as tradeshows, making it one of the leading event and exhibition organizers in the world. Its events are mostly focused in North America, emerging markets countries such as China and India, and the U.K. The company's revenue is fairly evenly split across these regions. UBM's clients mainly operate in the industrial, transportation, fashion, and healthcare industries.

UBM (UBMPY) Headlines

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