Delivery Hero SE (XSWX:DHER) Asset Turnover: 0.68 (As of Dec. 2025)


XSWX:DHER Delivery Hero SE XSWX:DHER
65 GF Score
Price CHF33.12
GF Value CHF185.70
Valuation Possible Value Trap
! 8 Warning Signs
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What is Delivery Hero SE Asset Turnover?

Delivery Hero SE XSWX:DHER 65 Asset Turnover is 0.68 as of Dec. 2025. GuruFocus rates XSWX:DHER with a GF Score™ of 65/100 and a GF Value™ of CHF185.70 (Possible Value Trap). The stock has 8 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. Delivery Hero SE's Revenue for the six months ended in Dec. 2025 was CHF6,700 Mil. Delivery Hero SE's Total Assets for the quarter that ended in Dec. 2025 was CHF9,905 Mil. Therefore, Delivery Hero SE's Asset Turnover for the quarter that ended in Dec. 2025 was 0.68.

Asset Turnover is linked to ROE % through Du Pont Formula. Delivery Hero SE's annualized ROE % for the quarter that ended in Dec. 2025 was -40.20%. It is also linked to ROA % through Du Pont Formula. Delivery Hero SE's annualized ROA % for the quarter that ended in Dec. 2025 was -7.28%.


Delivery Hero SE  (XSWX:DHER) Asset Turnover Explanation

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

Delivery Hero SE's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-721.502/1794.571
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-721.502 / 13399.864)*(13399.864 / 9905.1675)*(9905.1675/ 1794.571)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.38 %*1.3528*5.5195
=ROA %*Equity Multiplier
=-7.28 %*5.5195
=-40.20 %

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:

Delivery Hero SE's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-721.502/9905.1675
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-721.502 / 13399.864)*(13399.864 / 9905.1675)
=Net Margin %*Asset Turnover
=-5.38 %*1.3528
=-7.28 %

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.


Delivery Hero SE Asset Turnover Related Terms


Delivery Hero SE Asset Turnover Historical Data

* Premium members only.

The historical data trend for Delivery Hero SE'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.

Delivery Hero SE Asset Turnover Chart

Delivery Hero SE 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 0.63 0.66 0.83 1.07 1.24

Delivery Hero SE 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 0.45 0.56 0.56 0.59 0.68

XSWX:DHER vs AMZN, BABA, PDD: Asset Turnover Comparison

For the Internet Retail subindustry, Delivery Hero SE'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.


Delivery Hero SE Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Delivery Hero SE's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Delivery Hero SE's Asset Turnover falls into.


XSWX:DHER
65GF Score
Delivery Hero SE XSWX:DHER
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Delivery Hero SE Asset Turnover Calculation

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

Delivery Hero SE'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 )
=13119.456/( (11595.842+9527.341)/ 2 )
=13119.456/10561.5915
=1.24

Delivery Hero SE'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 )
=6699.932/( (10282.994+9527.341)/ 2 )
=6699.932/9905.1675
=0.68

* 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 0.68 mean?
Delivery Hero SE (XSWX:DHER) has a Asset Turnover of 0.68 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Delivery Hero SE and its competitors.
Is Delivery Hero SE's Asset Turnover too high?
Delivery Hero SE's current Asset Turnover is 0.68. Overall, Delivery Hero SE has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Delivery Hero SE's Asset Turnover compare to AMZN and BABA?
Delivery Hero SE's Asset Turnover of 0.68 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical 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 Delivery Hero SE and its competitors. Delivery Hero SE's current Asset Turnover is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delivery Hero SE stock overvalued right now?
Based on GuruFocus' analysis, Delivery Hero SE (XSWX:DHER) is currently considered Possible Value Trap. The stock's GF Value™ is CHF185.70, compared to a current price of CHF33.12 — trading 82.2% below its estimated fair value. The current Asset Turnover is 0.68. Delivery Hero SE's overall GF Score™ is 65/100 with 8 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 Delivery Hero SE (XSWX:DHER), the current Asset Turnover is 0.68 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 Delivery Hero SE (XSWX:DHER) Overvalued in 2026?

Based on GuruFocus' analysis, Delivery Hero SE stock appears to be undervalued. The current stock price of CHF33.12 is trading 82.2% below its estimated GF Value™ of CHF185.70. GuruFocus considers Delivery Hero SE to be Possible Value Trap.

Key valuation signals for XSWX:DHER:

  • Asset Turnover: 0.68
  • GF Value™: CHF185.70 vs. price of CHF33.12 (82.2% below fair value)
  • GF Score™: 65/100 with 8 warning signs

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


Delivery Hero SE Business Description

Address Oranienburger Strasse 70, Berlin, DEU, 10117
Founded in 2011, Delivery Hero is an online delivery demand aggregator. The company is headquartered in Germany and operates in over 70 countries across Latin America, Asia, Europe, the Middle East, and Africa. Delivery Hero creates a marketplace for merchants to establish an online presence, market their offerings, and meet demand through delivery. Nearly half of Delivery Hero's revenue is commission fees from merchants. Through its applications, which vary by region, customers can order meals, grocery items, pharmacy products, and retail goods. In addition, Delivery Hero operates Dmarts.
65GF Score

Get the complete analysis for XSWX:DHER

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

CHF33.12
Price
CHF185.70
GF Value