Aerodrom Nikola Tesla ad (XBEL:AERO) Asset Turnover: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBEL:AERO Aerodrom Nikola Tesla ad XBEL:AERO
76 GF Score
Price RSD2,089.00
GF Value RSD2,363.83
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Aerodrom Nikola Tesla ad Asset Turnover?

Aerodrom Nikola Tesla ad XBEL:AERO 76 Asset Turnover is 0.00 as of Mar. 2026. GuruFocus rates XBEL:AERO with a GF Score™ of 76/100 and a GF Value™ of RSD2,363.83 (Modestly Undervalued). The stock has 4 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. Aerodrom Nikola Tesla ad's Revenue for the three months ended in Mar. 2026 was RSD0 Mil. Aerodrom Nikola Tesla ad's Total Assets for the quarter that ended in Mar. 2026 was RSD57,165 Mil. Therefore, Aerodrom Nikola Tesla ad's Asset Turnover for the quarter that ended in Mar. 2026 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Aerodrom Nikola Tesla ad's annualized ROE % for the quarter that ended in Mar. 2026 was 1.42%. It is also linked to ROA % through Du Pont Formula. Aerodrom Nikola Tesla ad's annualized ROA % for the quarter that ended in Mar. 2026 was 0.94%.


Aerodrom Nikola Tesla ad  (XBEL:AERO) Asset Turnover Explanation

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

Aerodrom Nikola Tesla ad's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=539.288/38074.7295
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(539.288 / 0)*(0 / 57165.2065)*(57165.2065/ 38074.7295)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.5014
=ROA %*Equity Multiplier
=0.94 %*1.5014
=1.42 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 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:

Aerodrom Nikola Tesla ad's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=539.288/57165.2065
=(Net Income / Revenue)*(Revenue / Total Assets)
=(539.288 / 0)*(0 / 57165.2065)
=Net Margin %*Asset Turnover
= %*0
=0.94 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Aerodrom Nikola Tesla ad Asset Turnover Related Terms


Aerodrom Nikola Tesla ad Asset Turnover Historical Data

* Premium members only.

The historical data trend for Aerodrom Nikola Tesla ad'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.

Aerodrom Nikola Tesla ad Asset Turnover Chart

Aerodrom Nikola Tesla ad 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 0.02 0.02 0.03 0.03 0.03

Aerodrom Nikola Tesla ad Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.01 -0.01 0.03 0.00

XBEL:AERO vs JOBY, CAAP: Asset Turnover Comparison

For the Airports & Air Services subindustry, Aerodrom Nikola Tesla ad'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.


Aerodrom Nikola Tesla ad Asset Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Aerodrom Nikola Tesla ad's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Aerodrom Nikola Tesla ad's Asset Turnover falls into.


XBEL:AERO
76GF Score
Aerodrom Nikola Tesla ad XBEL:AERO
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Aerodrom Nikola Tesla ad Asset Turnover Calculation

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

Aerodrom Nikola Tesla ad'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 )
=1527.55/( (55590.657+55340.664)/ 2 )
=1527.55/55465.6605
=0.03

Aerodrom Nikola Tesla ad's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=0/( (55340.664+58989.749)/ 2 )
=0/57165.2065
=0.00

* 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 0.00 mean?
Aerodrom Nikola Tesla ad (XBEL:AERO) has a Asset Turnover of 0.00 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Aerodrom Nikola Tesla ad and its competitors.
Is Aerodrom Nikola Tesla ad's Asset Turnover too high?
Aerodrom Nikola Tesla ad's current Asset Turnover is 0.00. Overall, Aerodrom Nikola Tesla ad has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aerodrom Nikola Tesla ad's Asset Turnover compare to JOBY and CAAP?
Aerodrom Nikola Tesla ad's Asset Turnover of 0.00 can be compared against companies in the Transportation 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 Transportation company?
A good Asset Turnover depends on the Transportation 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 Aerodrom Nikola Tesla ad and its competitors. Aerodrom Nikola Tesla ad's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aerodrom Nikola Tesla ad stock overvalued right now?
Based on GuruFocus' analysis, Aerodrom Nikola Tesla ad (XBEL:AERO) is currently considered Modestly Undervalued. The stock's GF Value™ is RSD2,363.83, compared to a current price of RSD2,089.00 — trading 11.6% below its estimated fair value. The current Asset Turnover is 0.00. Aerodrom Nikola Tesla ad's overall GF Score™ is 76/100 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 Aerodrom Nikola Tesla ad (XBEL:AERO), the current Asset Turnover is 0.00 as of Mar. 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 Aerodrom Nikola Tesla ad (XBEL:AERO) Overvalued in 2026?

Based on GuruFocus' analysis, Aerodrom Nikola Tesla ad stock appears to be undervalued. The current stock price of RSD2,089.00 is trading 11.6% below its estimated GF Value™ of RSD2,363.83. GuruFocus considers Aerodrom Nikola Tesla ad to be Modestly Undervalued.

Key valuation signals for XBEL:AERO:

  • Asset Turnover: 0.00
  • GF Value™: RSD2,363.83 vs. price of RSD2,089.00 (11.6% below fair value)
  • GF Score™: 76/100 with 4 warning signs

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


Aerodrom Nikola Tesla ad Business Description

Address Belgrade Airport 47, surcin, Belgrade, SRB, 11271
Aerodrom Nikola Tesla ad provides airport services such as aircraft landing, take-off, taxing and parking, and passenger and cargo handling. The group also provides ancillary services and airport complex services, satisfying the needs of service users, and domestic and foreign air carriers.
76GF Score

Get the complete analysis for XBEL:AERO

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

RSD2,089.00
Price
RSD2,363.83
GF Value