Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Exel Industries's Revenue for the
six
months ended in Mar. 2026 was €380.9 Mil. Exel Industries's Total Assets for the quarter that ended in Mar. 2026 was €883.1 Mil. Therefore, Exel Industries's Asset Turnover for the quarter that ended in Mar. 2026 was 0.43.
Asset Turnover is linked to ROE % through Du Pont Formula. Exel Industries's annualizedROE % for the quarter that ended in Mar. 2026 was -8.15%. It is also linked to ROA % through Du Pont Formula. Exel Industries's annualizedROA % for the quarter that ended in Mar. 2026 was -4.21%.
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:
Exel Industries's annulizedROA % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Exel Industries Asset Turnover Related Terms
Exel Industries Asset Turnover Historical Data
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The historical data trend for Exel Industries'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.
XPAR:EXE vs CAT, DE, PCAR: Asset Turnover Comparison
For the Farm & Heavy Construction Machinery subindustry, Exel Industries'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.
Exel Industries Asset Turnover vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Exel Industries's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Exel Industries's Asset Turnover falls into.
* 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.
Exel Industries (XPAR:EXE) has a Asset Turnover of 0.43 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Exel Industries and its competitors.
Is Exel Industries' Asset Turnover too high?
Exel Industries' current Asset Turnover is 0.43. Overall, Exel Industries has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Exel Industries' Asset Turnover compare to CAT and DE?
Exel Industries' Asset Turnover of 0.43 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Asset Turnover depends on the Farm & Heavy Construction Machinery 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 Exel Industries and its competitors. Exel Industries's current Asset Turnover is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exel Industries stock overvalued right now?
Based on GuruFocus' analysis, Exel Industries (XPAR:EXE) is currently considered Significantly Undervalued. The stock's GF Value™ is €38.27, compared to a current price of €20.20 — trading 47.2% below its estimated fair value. The current Asset Turnover is 0.43. Exel Industries' overall GF Score™ is 67/100 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 Exel Industries (XPAR:EXE), the current Asset Turnover is 0.43 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 Exel Industries (XPAR:EXE) Overvalued in 2026?
Based on GuruFocus' analysis, Exel Industries stock appears to be undervalued.
The current stock price of €20.20 is trading 47.2% below its estimated GF Value™ of €38.27.
GuruFocus considers Exel Industries to be Significantly Undervalued.
Key valuation signals for XPAR:EXE:
Asset Turnover: 0.43
GF Value™: €38.27 vs. price of €20.20 (47.2% below fair value)
No single metric tells the full story. See the XPAR:EXE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Exel Industries SA is a French company which is active in the business of manufacture of spraying equipment for plant protection for professional, semi-professional and consumer agricultural applications. The company is also engaged in the business of sugar beet harvesting, providing gardening, spraying and watering equipment and industrial precision spraying solutions which cover protection, finishes, lubrication and pollution clean-up. It markets its products under the brand name of Hozelock, Berthoud, Tecnoma, Laser and Cooper Pegler brands, Kremlin rexsons and Sames. The company earns the majority of its revenue from the agricultural equipment business and geographically from Europe region.
67GF Score
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