BH Bank (XTUN:BH) Asset Turnover: 0.07 (As of Dec. 2024)


XTUN:BH BH Bank XTUN:BH
81 GF Score
Price TND10.20
GF Value TND13.03
Valuation Modestly Undervalued
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What is BH Bank Asset Turnover?

BH Bank XTUN:BH 81 Asset Turnover is 0.07 as of Dec. 2024. GuruFocus rates XTUN:BH with a GF Score™ of 81/100 and a GF Value™ of TND13.03 (Modestly Undervalued).

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BH Bank's Revenue for the six months ended in Dec. 2024 was TND981.8 Mil. BH Bank's Total Assets for the quarter that ended in Dec. 2024 was TND14,862.5 Mil. Therefore, BH Bank's Asset Turnover for the quarter that ended in Dec. 2024 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. BH Bank's annualized ROE % for the quarter that ended in Dec. 2024 was 9.54%. It is also linked to ROA % through Du Pont Formula. BH Bank's annualized ROA % for the quarter that ended in Dec. 2024 was 0.96%.


BH Bank  (XTUN:BH) Asset Turnover Explanation

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

BH Bank's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=142.056/1488.9765
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(142.056 / 1963.556)*(1963.556 / 14862.509)*(14862.509/ 1488.9765)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.23 %*0.1321*9.9817
=ROA %*Equity Multiplier
=0.96 %*9.9817
=9.54 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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:

BH Bank's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=142.056/14862.509
=(Net Income / Revenue)*(Revenue / Total Assets)
=(142.056 / 1963.556)*(1963.556 / 14862.509)
=Net Margin %*Asset Turnover
=7.23 %*0.1321
=0.96 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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.


BH Bank Asset Turnover Related Terms


BH Bank Asset Turnover Historical Data

* Premium members only.

The historical data trend for BH Bank'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.

BH Bank Asset Turnover Chart

BH Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.06 0.06 0.06 0.07

BH Bank Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.05 0.06 0.06 0.06 0.07

XTUN:BH vs PNC, USB: Asset Turnover Comparison

For the Banks - Regional subindustry, BH Bank'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.


BH Bank Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, BH Bank's Asset Turnover distribution charts can be found below:

* The bar in red indicates where BH Bank's Asset Turnover falls into.


XTUN:BH
81GF Score
BH Bank XTUN:BH
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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BH Bank Asset Turnover Calculation

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

BH Bank's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=981.778/( (14253.975+15471.043)/ 2 )
=981.778/14862.509
=0.07

BH Bank's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=981.778/( (14253.975+15471.043)/ 2 )
=981.778/14862.509
=0.07

* 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 0.07 mean?
BH Bank (XTUN:BH) has a Asset Turnover of 0.07 as of Dec. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on BH Bank and its competitors.
Is BH Bank's Asset Turnover too high?
BH Bank's current Asset Turnover is 0.07. Overall, BH Bank has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BH Bank's Asset Turnover compare to PNC and USB?
BH Bank's Asset Turnover of 0.07 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 BH Bank and its competitors. BH Bank's current Asset Turnover is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BH Bank stock overvalued right now?
Based on GuruFocus' analysis, BH Bank (XTUN:BH) is currently considered Modestly Undervalued. The stock's GF Value™ is TND13.03, compared to a current price of TND10.20 — trading 21.7% below its estimated fair value. The current Asset Turnover is 0.07. BH Bank's overall GF Score™ is 81/100. 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 BH Bank (XTUN:BH), the current Asset Turnover is 0.07 as of Dec. 2024. 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 BH Bank (XTUN:BH) Overvalued in 2026?

Based on GuruFocus' analysis, BH Bank stock appears to be undervalued. The current stock price of TND10.20 is trading 21.7% below its estimated GF Value™ of TND13.03. GuruFocus considers BH Bank to be Modestly Undervalued.

Key valuation signals for XTUN:BH:

  • Asset Turnover: 0.07
  • GF Value™: TND13.03 vs. price of TND10.20 (21.7% below fair value)
  • GF Score™: 81/100

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


BH Bank Business Description

Address 67 Rue Alain Savary, See X2 Residence Les Jardins II Block A, 7th floor, Tunis, TUN, 1002
BH Bank is engaged in the banking business. It provides loans, accounts, and credit card services, among others.
81GF Score

Get the complete analysis for XTUN:BH

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

TND10.20
Price
TND13.03
GF Value