Sonova Holding AG (XSWX:SOON) Asset Turnover: 0.32 (As of Mar. 2026)


XSWX:SOON Sonova Holding AG XSWX:SOON
91 GF Score
Price CHF195.20
GF Value CHF249.75
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Sonova Holding AG Asset Turnover?

Sonova Holding AG XSWX:SOON +0.67% 91 Asset Turnover is 0.32 as of Mar. 2026. GuruFocus rates XSWX:SOON with a GF Score™ of 91/100 and a GF Value™ of CHF249.75 (Modestly Undervalued). 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. Sonova Holding AG's Revenue for the six months ended in Mar. 2026 was CHF1,791 Mil. Sonova Holding AG's Total Assets for the quarter that ended in Mar. 2026 was CHF5,568 Mil. Therefore, Sonova Holding AG's Asset Turnover for the quarter that ended in Mar. 2026 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. Sonova Holding AG's annualized ROE % for the quarter that ended in Mar. 2026 was 19.21%. It is also linked to ROA % through Du Pont Formula. Sonova Holding AG's annualized ROA % for the quarter that ended in Mar. 2026 was 8.70%.


Sonova Holding AG  (XSWX:SOON) Asset Turnover Explanation

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

Sonova Holding AG's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=484.2/2520.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(484.2 / 3581)*(3581 / 5568.4)*(5568.4/ 2520.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.52 %*0.6431*2.2092
=ROA %*Equity Multiplier
=8.70 %*2.2092
=19.21 %

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:

Sonova Holding AG's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=484.2/5568.4
=(Net Income / Revenue)*(Revenue / Total Assets)
=(484.2 / 3581)*(3581 / 5568.4)
=Net Margin %*Asset Turnover
=13.52 %*0.6431
=8.70 %

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.


Sonova Holding AG Asset Turnover Related Terms


Sonova Holding AG Asset Turnover Historical Data

* Premium members only.

The historical data trend for Sonova Holding AG'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.

Sonova Holding AG Asset Turnover Chart

Sonova Holding AG Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.67 0.64 0.62 0.62

Sonova Holding AG Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.34 0.33 0.31 0.32 0.32

XSWX:SOON vs ABT, SYK, MDT: Asset Turnover Comparison

For the Medical Devices subindustry, Sonova Holding AG'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.


Sonova Holding AG Asset Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sonova Holding AG's Asset Turnover distribution charts can be found below:

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


XSWX:SOON
91GF Score
Sonova Holding AG XSWX:SOON
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sonova Holding AG Asset Turnover Calculation

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

Sonova Holding AG's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=3605.9/( (5924.2+5628.8)/ 2 )
=3605.9/5776.5
=0.62

Sonova Holding AG's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1790.5/( (5508+5628.8)/ 2 )
=1790.5/5568.4
=0.32

* 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 0.32 mean?
Sonova Holding AG (XSWX:SOON) has a Asset Turnover of 0.32 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sonova Holding AG and its competitors.
Is Sonova Holding AG's Asset Turnover too high?
Sonova Holding AG's current Asset Turnover is 0.32. Overall, Sonova Holding AG has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sonova Holding AG's Asset Turnover compare to ABT and SYK?
Sonova Holding AG's Asset Turnover of 0.32 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Asset Turnover depends on the Medical Devices & Instruments 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 Sonova Holding AG and its competitors. Sonova Holding AG's current Asset Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonova Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Sonova Holding AG (XSWX:SOON) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF249.75, compared to a current price of CHF195.20 — trading 21.8% below its estimated fair value. The current Asset Turnover is 0.32. Sonova Holding AG's overall GF Score™ is 91/100 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 Sonova Holding AG (XSWX:SOON), the current Asset Turnover is 0.32 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 Sonova Holding AG (XSWX:SOON) Overvalued in 2026?

Based on GuruFocus' analysis, Sonova Holding AG stock appears to be undervalued. The current stock price of CHF195.20 is trading 21.8% below its estimated GF Value™ of CHF249.75. GuruFocus considers Sonova Holding AG to be Modestly Undervalued.

Key valuation signals for XSWX:SOON:

  • Asset Turnover: 0.32
  • GF Value™: CHF249.75 vs. price of CHF195.20 (21.8% below fair value)
  • GF Score™: 91/100 with 3 warning signs

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


Sonova Holding AG Business Description

Address Laubisrutistrasse 28, Stafa, CHE, CH-8712
Sonova is one of the world's largest manufacturers and distributors of hearing aids. The company is based in Switzerland and distributes its products in more than 100 countries through its internal sales team and independent retailers. It also sells cochlear implants and audio technologies.
91GF Score

Get the complete analysis for XSWX:SOON

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

CHF195.20
Price
CHF249.75
GF Value