Zehnder Group AG (XSWX:ZEHN) Asset Turnover: 0.81 (As of Dec. 2025)

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XSWX:ZEHN Zehnder Group AG XSWX:ZEHN
78 GF Score
Price CHF62.60
GF Value CHF58.24
Valuation Fairly Valued
! 2 Warning Signs
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What is Zehnder Group AG Asset Turnover?

Zehnder Group AG XSWX:ZEHN -0.63% 78 Asset Turnover is 0.81 as of Dec. 2025. GuruFocus rates XSWX:ZEHN with a GF Score™ of 78/100 and a GF Value™ of CHF58.24 (Fairly Valued). 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. Zehnder Group AG's Revenue for the six months ended in Dec. 2025 was CHF352.6 Mil. Zehnder Group AG's Total Assets for the quarter that ended in Dec. 2025 was CHF436.9 Mil. Therefore, Zehnder Group AG's Asset Turnover for the quarter that ended in Dec. 2025 was 0.81.

Asset Turnover is linked to ROE % through Du Pont Formula. Zehnder Group AG's annualized ROE % for the quarter that ended in Dec. 2025 was 18.80%. It is also linked to ROA % through Du Pont Formula. Zehnder Group AG's annualized ROA % for the quarter that ended in Dec. 2025 was 9.95%.


Zehnder Group AG  (XSWX:ZEHN) Asset Turnover Explanation

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

Zehnder Group AG's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=43.484/231.2855
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(43.484 / 705.266)*(705.266 / 436.8755)*(436.8755/ 231.2855)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.17 %*1.6143*1.8889
=ROA %*Equity Multiplier
=9.95 %*1.8889
=18.80 %

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:

Zehnder Group AG's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=43.484/436.8755
=(Net Income / Revenue)*(Revenue / Total Assets)
=(43.484 / 705.266)*(705.266 / 436.8755)
=Net Margin %*Asset Turnover
=6.17 %*1.6143
=9.95 %

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.


Zehnder Group AG Asset Turnover Related Terms


Zehnder Group AG Asset Turnover Historical Data

* Premium members only.

The historical data trend for Zehnder Group 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.

Zehnder Group AG Asset Turnover Chart

Zehnder Group AG 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 1.30 1.46 1.42 1.41 1.63

Zehnder Group AG 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 0.66 0.69 0.74 0.81 0.81

XSWX:ZEHN vs TT, JCI, CARR: Asset Turnover Comparison

For the Building Products & Equipment subindustry, Zehnder Group 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.


Zehnder Group AG Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Zehnder Group AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Zehnder Group AG's Asset Turnover falls into.


XSWX:ZEHN
78GF Score
Zehnder Group AG XSWX:ZEHN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zehnder Group AG Asset Turnover Calculation

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

Zehnder Group AG'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 )
=709.838/( (445.053+426.444)/ 2 )
=709.838/435.7485
=1.63

Zehnder Group AG'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 )
=352.633/( (447.307+426.444)/ 2 )
=352.633/436.8755
=0.81

* 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 0.81 mean?
Zehnder Group AG (XSWX:ZEHN) has a Asset Turnover of 0.81 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Zehnder Group AG and its competitors.
Is Zehnder Group AG's Asset Turnover too high?
Zehnder Group AG's current Asset Turnover is 0.81. Overall, Zehnder Group AG has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zehnder Group AG's Asset Turnover compare to TT and JCI?
Zehnder Group AG's Asset Turnover of 0.81 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Zehnder Group AG and its competitors. Zehnder Group AG's current Asset Turnover is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zehnder Group AG stock overvalued right now?
Based on GuruFocus' analysis, Zehnder Group AG (XSWX:ZEHN) is currently considered Fairly Valued. The stock's GF Value™ is CHF58.24, compared to a current price of CHF62.60 — trading 7.5% above its estimated fair value. The current Asset Turnover is 0.81. Zehnder Group AG's overall GF Score™ is 78/100 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 Zehnder Group AG (XSWX:ZEHN), the current Asset Turnover is 0.81 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 Zehnder Group AG (XSWX:ZEHN) Overvalued in 2026?

Based on GuruFocus' analysis, Zehnder Group AG stock appears to be overvalued. The current stock price of CHF62.60 is trading 7.5% above its estimated GF Value™ of CHF58.24. GuruFocus considers Zehnder Group AG to be Fairly Valued.

Key valuation signals for XSWX:ZEHN:

  • Asset Turnover: 0.81
  • GF Value™: CHF58.24 vs. price of CHF62.60 (7.5% above fair value)
  • GF Score™: 78/100 with 2 warning signs

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


Zehnder Group AG Business Description

Other Exchanges ZEHNz:UK0R6S:UKZEH2:Germany
Address Moortalstrasse 1, Granichen, CHE, 5722
Zehnder Group AG is an indoor climate system supplier. The products and services of the Group include heating, cooling, indoor ventilation, and air cleaning. The business activity of the company functions through Europe, China, and North America. The company has two segments, Ventilation and Radiators. The ventilation segment covers the three product lines for ventilation, heat exchangers, and clean air solutions, and generates maximum revenue. The radiator segment contains two product lines: radiators and climate ceilings. The company generates revenue from the EMEA (Europe, the Middle East, and Africa) Region.
78GF Score

Get the complete analysis for XSWX:ZEHN

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

CHF62.60
Price
CHF58.24
GF Value