Cheops Technology France (XPAR:MLCHE) Asset Turnover: 1.77 (As of Apr. 2025)

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XPAR:MLCHE Cheops Technology France SA XPAR:MLCHE
82 GF Score
Price €55.50
GF Value €77.32
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Cheops Technology France Asset Turnover?

Cheops Technology France XPAR:MLCHE 82 Asset Turnover is 1.77 as of Apr. 2025. GuruFocus rates XPAR:MLCHE with a GF Score™ of 82/100 and a GF Value™ of €77.32 (Modestly Undervalued). The stock has 2 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. Cheops Technology France's Revenue for the six months ended in Apr. 2025 was €164.2 Mil. Cheops Technology France's Total Assets for the quarter that ended in Apr. 2025 was €92.9 Mil. Therefore, Cheops Technology France's Asset Turnover for the quarter that ended in Apr. 2025 was 1.77.

Asset Turnover is linked to ROE % through Du Pont Formula. Cheops Technology France's annualized ROE % for the quarter that ended in Apr. 2025 was 47.43%. It is also linked to ROA % through Du Pont Formula. Cheops Technology France's annualized ROA % for the quarter that ended in Apr. 2025 was 16.29%.


Cheops Technology France  (XPAR:MLCHE) Asset Turnover Explanation

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

Cheops Technology France's annulized ROE % for the quarter that ended in Apr. 2025 is

ROE %**(Q: Apr. 2025 )
=Net Income/Total Stockholders Equity
=15.134/31.9095
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(15.134 / 328.314)*(328.314 / 92.929)*(92.929/ 31.9095)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.61 %*3.533*2.9123
=ROA %*Equity Multiplier
=16.29 %*2.9123
=47.43 %

Note: The Net Income data used here is two times the semi-annual (Apr. 2025) net income data. The Revenue data used here is two times the semi-annual (Apr. 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:

Cheops Technology France's annulized ROA % for the quarter that ended in Apr. 2025 is

ROA %(Q: Apr. 2025 )
=Net Income/Total Assets
=15.134/92.929
=(Net Income / Revenue)*(Revenue / Total Assets)
=(15.134 / 328.314)*(328.314 / 92.929)
=Net Margin %*Asset Turnover
=4.61 %*3.533
=16.29 %

Note: The Net Income data used here is two times the semi-annual (Apr. 2025) net income data. The Revenue data used here is two times the semi-annual (Apr. 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.


Cheops Technology France Asset Turnover Related Terms


Cheops Technology France Asset Turnover Historical Data

* Premium members only.

The historical data trend for Cheops Technology France'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.

Cheops Technology France Asset Turnover Chart

Cheops Technology France Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Asset Turnover
Get a 7-Day Free Trial 1.63 1.71 1.99 1.99 1.77

Cheops Technology France Semi-Annual Data
Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Asset Turnover Get a 7-Day Free Trial 1.63 1.71 1.99 1.99 1.77

XPAR:MLCHE vs IBM, ACN, FISV: Asset Turnover Comparison

For the Information Technology Services subindustry, Cheops Technology France'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.


Cheops Technology France Asset Turnover vs Software Industry

For the Software industry and Technology sector, Cheops Technology France's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Cheops Technology France's Asset Turnover falls into.


XPAR:MLCHE
82GF Score
Cheops Technology France SA XPAR:MLCHE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cheops Technology France Asset Turnover Calculation

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

Cheops Technology France's Asset Turnover for the fiscal year that ended in Apr. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2025 )/( (Total Assets (A: Apr. 2024 )+Total Assets (A: Apr. 2025 ))/ count )
=164.157/( (85.427+100.431)/ 2 )
=164.157/92.929
=1.77

Cheops Technology France's Asset Turnover for the quarter that ended in Apr. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2025 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Apr. 2025 ))/ count )
=164.157/( (85.427+100.431)/ 2 )
=164.157/92.929
=1.77

* 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 1.77 mean?
Cheops Technology France (XPAR:MLCHE) has a Asset Turnover of 1.77 as of Apr. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Cheops Technology France and its competitors.
Is Cheops Technology France's Asset Turnover too high?
Cheops Technology France's current Asset Turnover is 1.77. Overall, Cheops Technology France has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheops Technology France's Asset Turnover compare to IBM and ACN?
Cheops Technology France's Asset Turnover of 1.77 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Cheops Technology France and its competitors. Cheops Technology France's current Asset Turnover is 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheops Technology France stock overvalued right now?
Based on GuruFocus' analysis, Cheops Technology France (XPAR:MLCHE) is currently considered Modestly Undervalued. The stock's GF Value™ is €77.32, compared to a current price of €55.50 — trading 28.2% below its estimated fair value. The current Asset Turnover is 1.77. Cheops Technology France's overall GF Score™ is 82/100 with 2 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 Cheops Technology France (XPAR:MLCHE), the current Asset Turnover is 1.77 as of Apr. 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 Cheops Technology France (XPAR:MLCHE) Overvalued in 2026?

Based on GuruFocus' analysis, Cheops Technology France stock appears to be undervalued. The current stock price of €55.50 is trading 28.2% below its estimated GF Value™ of €77.32. GuruFocus considers Cheops Technology France to be Modestly Undervalued.

Key valuation signals for XPAR:MLCHE:

  • Asset Turnover: 1.77
  • GF Value™: €77.32 vs. price of €55.50 (28.2% below fair value)
  • GF Score™: 82/100 with 2 warning signs

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


Cheops Technology France Business Description

Address 37, Rue Thomas Edison, Canejan, FRA, 33610
Cheops Technology France SA is organized in four divisions: Cloud and Managed Services, Infrastructure, Network-Security and Unified Communications, and Technological Modernization.
82GF Score

Get the complete analysis for XPAR:MLCHE

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

€55.50
Price
€77.32
GF Value