VIAOY (VIA optronics Holding AG) Asset Turnover: 0.40 (As of Dec. 2022)


VIAOY VIA optronics Holding AG VIAOY
12 GF Score
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What is VIA optronics Holding AG Asset Turnover?

VIA optronics Holding AG VIAOY 12 Asset Turnover is 0.40 as of Dec. 2022. GuruFocus rates VIAOY with a GF Score™ of 12/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. VIA optronics Holding AG's Revenue for the three months ended in Dec. 2022 was $59.2 Mil. VIA optronics Holding AG's Total Assets for the quarter that ended in Dec. 2022 was $149.8 Mil. Therefore, VIA optronics Holding AG's Asset Turnover for the quarter that ended in Dec. 2022 was 0.40.

Asset Turnover is linked to ROE % through Du Pont Formula. VIA optronics Holding AG's annualized ROE % for the quarter that ended in Dec. 2022 was -48.55%. It is also linked to ROA % through Du Pont Formula. VIA optronics Holding AG's annualized ROA % for the quarter that ended in Dec. 2022 was -18.69%.


VIA optronics Holding AG  (OTCPK:VIAOY) Asset Turnover Explanation

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

VIA optronics Holding AG's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=-27.996/57.667
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-27.996 / 236.888)*(236.888 / 149.797)*(149.797/ 57.667)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.82 %*1.5814*2.5976
=ROA %*Equity Multiplier
=-18.69 %*2.5976
=-48.55 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 2022) 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:

VIA optronics Holding AG's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=-27.996/149.797
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-27.996 / 236.888)*(236.888 / 149.797)
=Net Margin %*Asset Turnover
=-11.82 %*1.5814
=-18.69 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 2022) 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.


VIA optronics Holding AG Asset Turnover Related Terms


VIA optronics Holding AG Asset Turnover Historical Data

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The historical data trend for VIA optronics Holding AG'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.

VIA optronics Holding AG Asset Turnover Chart

VIA optronics Holding AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial 2.13 1.72 1.38 1.12 1.42

VIA optronics Holding AG Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.29 0.33 0.30 0.39 0.40

VIAOY vs APH, TEL, GLW: Asset Turnover Comparison

For the Electronic Components subindustry, VIA optronics Holding AG'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.


VIA optronics Holding AG Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, VIA optronics Holding AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where VIA optronics Holding AG's Asset Turnover falls into.


VIAOY
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VIA optronics Holding AG VIAOY
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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VIA optronics Holding AG Asset Turnover Calculation

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

VIA optronics Holding AG's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=232.528/( (182.673+145.535)/ 2 )
=232.528/164.104
=1.42

VIA optronics Holding AG's Asset Turnover for the quarter that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=59.222/( (154.059+145.535)/ 2 )
=59.222/149.797
=0.40

* 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 0.40 mean?
VIA optronics Holding AG (VIAOY) has a Asset Turnover of 0.40 as of Dec. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on VIA optronics Holding AG and its competitors.
Is VIA optronics Holding AG's Asset Turnover too high?
VIA optronics Holding AG's current Asset Turnover is 0.40. Overall, VIA optronics Holding AG has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does VIA optronics Holding AG's Asset Turnover compare to APH and TEL?
VIA optronics Holding AG's Asset Turnover of 0.40 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 VIA optronics Holding AG and its competitors. VIA optronics Holding AG's current Asset Turnover is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIA optronics Holding AG stock overvalued right now?
VIA optronics Holding AG (VIAOY) has a current Asset Turnover of 0.40. The current Asset Turnover is 0.40. VIA optronics Holding AG's overall GF Score™ is 12/100. 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 VIA optronics Holding AG (VIAOY), the current Asset Turnover is 0.40 as of Dec. 2022. 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.

VIA optronics Holding AG Business Description

Address Sieboldstrasse 18, Nuremberg, BY, DEU, D-90411
VIA optronics Holding AG provides interactive display solutions and systems for the industrial, automotive, and consumer electronics markets. The company develops, manufactures, and sells customized and application-specific metal mesh touch sensors and electrode base film materials for use in touch modules or other touch products. The portfolio includes Interactive Display Systems, Display Solutions, Camera Solutions and Systems. The group generates revenue from the sale of enhanced display solutions, which use optical bonding technology and metal mesh touch sensors. It operates in three segments, namely, Display Solutions, Sensor Technologies, and Other Segments.
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