Shapir Engineering and Industry (XTAE:SPEN) Asset Turnover: 0.09 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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XTAE:SPEN Shapir Engineering and Industry Ltd XTAE:SPEN
88 GF Score
Price ₪47.77
GF Value ₪31.31
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Shapir Engineering and Industry Asset Turnover?

Shapir Engineering and Industry XTAE:SPEN -0.62% 88 Asset Turnover is 0.09 as of Mar. 2026. GuruFocus rates XTAE:SPEN with a GF Score™ of 88/100 and a GF Value™ of ₪31.31 (Significantly Overvalued). The stock has 12 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. Shapir Engineering and Industry's Revenue for the three months ended in Mar. 2026 was ₪1,557 Mil. Shapir Engineering and Industry's Total Assets for the quarter that ended in Mar. 2026 was ₪16,913 Mil. Therefore, Shapir Engineering and Industry's Asset Turnover for the quarter that ended in Mar. 2026 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Shapir Engineering and Industry's annualized ROE % for the quarter that ended in Mar. 2026 was 6.83%. It is also linked to ROA % through Du Pont Formula. Shapir Engineering and Industry's annualized ROA % for the quarter that ended in Mar. 2026 was 1.32%.


Shapir Engineering and Industry  (XTAE:SPEN) Asset Turnover Explanation

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

Shapir Engineering and Industry's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=224/3280
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(224 / 6228)*(6228 / 16913)*(16913/ 3280)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.6 %*0.3682*5.1564
=ROA %*Equity Multiplier
=1.32 %*5.1564
=6.83 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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:

Shapir Engineering and Industry's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=224/16913
=(Net Income / Revenue)*(Revenue / Total Assets)
=(224 / 6228)*(6228 / 16913)
=Net Margin %*Asset Turnover
=3.6 %*0.3682
=1.32 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Shapir Engineering and Industry Asset Turnover Related Terms


Shapir Engineering and Industry Asset Turnover Historical Data

* Premium members only.

The historical data trend for Shapir Engineering and Industry'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.

Shapir Engineering and Industry Asset Turnover Chart

Shapir Engineering and Industry 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 0.41 0.35 0.36 0.34 0.37

Shapir Engineering and Industry Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.09 0.09 0.10 0.10 0.09

XTAE:SPEN vs PWR, FIX, EME: Asset Turnover Comparison

For the Engineering & Construction subindustry, Shapir Engineering and Industry'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.


Shapir Engineering and Industry Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Shapir Engineering and Industry's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Shapir Engineering and Industry's Asset Turnover falls into.


XTAE:SPEN
88GF Score
Shapir Engineering and Industry Ltd XTAE:SPEN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shapir Engineering and Industry Asset Turnover Calculation

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

Shapir Engineering and Industry'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 )
=6073/( (15526+16959)/ 2 )
=6073/16242.5
=0.37

Shapir Engineering and Industry'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: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1557/( (16959+16867)/ 2 )
=1557/16913
=0.09

* 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 0.09 mean?
Shapir Engineering and Industry (XTAE:SPEN) has a Asset Turnover of 0.09 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shapir Engineering and Industry and its competitors.
Is Shapir Engineering and Industry's Asset Turnover too high?
Shapir Engineering and Industry's current Asset Turnover is 0.09. Overall, Shapir Engineering and Industry has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shapir Engineering and Industry's Asset Turnover compare to PWR and FIX?
Shapir Engineering and Industry's Asset Turnover of 0.09 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 Shapir Engineering and Industry and its competitors. Shapir Engineering and Industry's current Asset Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shapir Engineering and Industry stock overvalued right now?
Based on GuruFocus' analysis, Shapir Engineering and Industry (XTAE:SPEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪31.31, compared to a current price of ₪47.77 — trading 52.6% above its estimated fair value. The current Asset Turnover is 0.09. Shapir Engineering and Industry's overall GF Score™ is 88/100 with 12 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 Shapir Engineering and Industry (XTAE:SPEN), the current Asset Turnover is 0.09 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 Shapir Engineering and Industry (XTAE:SPEN) Overvalued in 2026?

Based on GuruFocus' analysis, Shapir Engineering and Industry stock appears to be overvalued. The current stock price of ₪47.77 is trading 52.6% above its estimated GF Value™ of ₪31.31. GuruFocus considers Shapir Engineering and Industry to be Significantly Overvalued.

Key valuation signals for XTAE:SPEN:

  • Asset Turnover: 0.09
  • GF Value™: ₪31.31 vs. price of ₪47.77 (52.6% above fair value)
  • GF Score™: 88/100 with 12 warning signs

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


Shapir Engineering and Industry Business Description

Address 12 Bareket Street, Petach Tikva, ISR, 49170
Shapir Engineering and Industry Ltd is an Israel-based company which is active in engineering and construction industry. It is engaged in manufacturing and supplying of aggregates and road materials, concrete, concrete fabricated plant as well as asphalt for road paving. The company also manufactures ready mix concrete and building finishing products and prefabricated elements from prestressed and precast concrete. Shapir focuses on developing high-quality apartment buildings and other apartments in various projects through Israel.
88GF Score

Get the complete analysis for XTAE:SPEN

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

₪47.77
Price
₪31.31
GF Value