Icape Holding (XPAR:ALICA) Asset Turnover: 0.64 (As of Dec. 2025)


XPAR:ALICA Icape Holding SA XPAR:ALICA
82 GF Score
Price €6.98
GF Value €11.08
Valuation Possible Value Trap
! 5 Warning Signs
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What is Icape Holding Asset Turnover?

Icape Holding XPAR:ALICA +0.87% 82 Asset Turnover is 0.64 as of Dec. 2025. GuruFocus rates XPAR:ALICA with a GF Score™ of 82/100 and a GF Value™ of €11.08 (Possible Value Trap). The stock has 5 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. Icape Holding's Revenue for the six months ended in Dec. 2025 was €98.3 Mil. Icape Holding's Total Assets for the quarter that ended in Dec. 2025 was €152.7 Mil. Therefore, Icape Holding's Asset Turnover for the quarter that ended in Dec. 2025 was 0.64.

Asset Turnover is linked to ROE % through Du Pont Formula. Icape Holding's annualized ROE % for the quarter that ended in Dec. 2025 was -10.92%. It is also linked to ROA % through Du Pont Formula. Icape Holding's annualized ROA % for the quarter that ended in Dec. 2025 was -1.91%.

Icape Holding  (XPAR:ALICA) Asset Turnover Explanation

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

Icape Holding's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-2.916/26.7145
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.916 / 196.502)*(196.502 / 152.7265)*(152.7265/ 26.7145)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.48 %*1.2866*5.717
=ROA %*Equity Multiplier
=-1.91 %*5.717
=-10.92 %

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:

Icape Holding's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-2.916/152.7265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.916 / 196.502)*(196.502 / 152.7265)
=Net Margin %*Asset Turnover
=-1.48 %*1.2866
=-1.91 %

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.

Icape Holding Asset Turnover Related Terms

Icape Holding Asset Turnover Historical Data

* Premium members only.

The historical data trend for Icape Holding'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.

Icape Holding Asset Turnover Chart

Icape Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 1.83 1.73 1.27 1.17 1.31

Icape Holding Semi-Annual Data
Dec18 Dec19 Dec20 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 0.64 0.62 0.59 0.64 0.64

XPAR:ALICA vs APH, GLW, TEL: Asset Turnover Comparison

For the Electronic Components subindustry, Icape Holding'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.

Icape Holding Asset Turnover vs Hardware Industry

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

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


XPAR:ALICA
82GF Score
Icape Holding SA XPAR:ALICA
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Icape Holding Asset Turnover Calculation

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

Icape Holding'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 )
=200.277/( (159.615+145.251)/ 2 )
=200.277/152.433
=1.31

Icape Holding'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 )
=98.251/( (160.202+145.251)/ 2 )
=98.251/152.7265
=0.64

* 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 0.64 mean?
Icape Holding (XPAR:ALICA) has a Asset Turnover of 0.64 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Icape Holding and its competitors.
Is Icape Holding's Asset Turnover too high?
Icape Holding's current Asset Turnover is 0.64. Overall, Icape Holding has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icape Holding's Asset Turnover compare to APH and GLW?
Icape Holding's Asset Turnover of 0.64 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 Icape Holding and its competitors. Icape Holding's current Asset Turnover is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icape Holding stock overvalued right now?
Based on GuruFocus' analysis, Icape Holding (XPAR:ALICA) is currently considered Possible Value Trap. The stock's GF Value™ is €11.08, compared to a current price of €6.98 — trading 37% below its estimated fair value. The current Asset Turnover is 0.64. Icape Holding's overall GF Score™ is 82/100 with 5 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 Icape Holding (XPAR:ALICA), the current Asset Turnover is 0.64 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.

Is Icape Holding (XPAR:ALICA) Overvalued in 2026?

Based on GuruFocus' analysis, Icape Holding stock appears to be undervalued. The current stock price of €6.98 is trading 37% below its estimated GF Value™ of €11.08. GuruFocus considers Icape Holding to be Possible Value Trap.

Key valuation signals for XPAR:ALICA:

  • Asset Turnover: 0.64
  • GF Value™: €11.08 vs. price of €6.98 (37% below fair value)
  • GF Score™: 82/100 with 5 warning signs

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

Icape Holding Business Description

Other Exchanges Z8J:Germany
Address Immeuble Volta 33 Avenue du General Leclerc, Fontenay-aux-Roses, FRA, 92260
Icape Holding SA is engaged in the distribution, trade, and production of printed circuit boards (PCB), which are essential components used across the electronics industry, including the business, telecommunications, automotive, connected objects, home automation, e-mobility, medical, power, multimedia, and IT industries. Its segemnts are: It operates through the Trade in printed circuit boards (PCB) - Americas; Trade and production of printed circuit boards (PCB); Trade and production of printed circuit boards (PCB) - Central Europe; Trade in printed circuit boards (PCB) - Asia and the Rest of the World, which generates maximum revenue; Trade and production of technical parts (Tech Parts) - Europe; and Trade and production of technical parts (Tech Parts) - Rest of the World.
82GF Score

Get the complete analysis for XPAR:ALICA

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

€6.98
Price
€11.08
GF Value