Atenor Group (XBRU:ATES) Asset Turnover: 0.10 (As of Dec. 2025)

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What is Atenor Group Asset Turnover?

Atenor Group XBRU:ATES 39 Asset Turnover is 0.10 as of Dec. 2025. GuruFocus rates XBRU:ATES with a GF Score™ of 39/100. The stock has 3 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. Atenor Group's Revenue for the six months ended in Dec. 2025 was €97.36 Mil. Atenor Group's Total Assets for the quarter that ended in Dec. 2025 was €984.86 Mil. Therefore, Atenor Group's Asset Turnover for the quarter that ended in Dec. 2025 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Atenor Group's annualized ROE % for the quarter that ended in Dec. 2025 was -88.76%. It is also linked to ROA % through Du Pont Formula. Atenor Group's annualized ROA % for the quarter that ended in Dec. 2025 was -23.61%.


Atenor Group  (XBRU:ATES) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-232.534/261.98
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-232.534 / 194.724)*(194.724 / 984.8625)*(984.8625/ 261.98)
=Net Margin %*Asset Turnover*Equity Multiplier
=-119.42 %*0.1977*3.7593
=ROA %*Equity Multiplier
=-23.61 %*3.7593
=-88.76 %

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:

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

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-232.534/984.8625
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-232.534 / 194.724)*(194.724 / 984.8625)
=Net Margin %*Asset Turnover
=-119.42 %*0.1977
=-23.61 %

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.


Atenor Group Asset Turnover Related Terms


Atenor Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Atenor Group'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.

Atenor Group Asset Turnover Chart

Atenor Group 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 0.15 0.03 0.07 0.27 0.15

Atenor Group 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 0.04 0.11 0.16 0.05 0.10

Atenor Group Asset Turnover Competitor Comparison

For the Real Estate - Development subindustry, Atenor Group'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.


Atenor Group Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Atenor Group's Asset Turnover distribution charts can be found below:

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



Atenor Group Asset Turnover Calculation

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

Atenor Group'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 )
=154.88/( (1145.777+871.596)/ 2 )
=154.88/1008.6865
=0.15

Atenor Group'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 )
=97.362/( (1098.129+871.596)/ 2 )
=97.362/984.8625
=0.10

* 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 0.10 mean?
Atenor Group (XBRU:ATES) has a Asset Turnover of 0.10 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Atenor Group and its competitors.
Is Atenor Group's Asset Turnover too high?
Atenor Group's current Asset Turnover is 0.10. Overall, Atenor Group has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Atenor Group's Asset Turnover compare to competitors?
Atenor Group's Asset Turnover of 0.10 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Atenor Group and its competitors. Atenor Group's current Asset Turnover is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atenor Group stock overvalued right now?
Atenor Group (XBRU:ATES) has a current Asset Turnover of 0.10. The current Asset Turnover is 0.10. Atenor Group's overall GF Score™ is 39/100 with 3 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 Atenor Group (XBRU:ATES), the current Asset Turnover is 0.10 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.

Atenor Group Business Description

Address Avenue Reine Astrid 92, La Hulpe, BEL, B-1310
Atenor SA is a Belgium-based real estate development company engaged in the business activity of developing real estate projects. Its project portfolio comprises offices, mixed-use, and residential complexes. The company's projects include Up-Site, Hermes Business Campus, Vaci Greens, Victor, Trebel, and South City Hotel. The group operates in Belgium, the Grand Duchy of Luxembourg, Hungary, and Romania.