Societe Tunisienne de Reassurance (XTUN:TRE) Asset Turnover: 0.24 (As of Dec. 2024)


XTUN:TRE Societe Tunisienne de Reassurance SA XTUN:TRE
85 GF Score
Price TND12.80
GF Value TND9.27
Valuation Significantly Overvalued
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What is Societe Tunisienne de Reassurance Asset Turnover?

Societe Tunisienne de Reassurance XTUN:TRE 85 Asset Turnover is 0.24 as of Dec. 2024. GuruFocus rates XTUN:TRE with a GF Score™ of 85/100 and a GF Value™ of TND9.27 (Significantly Overvalued).

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Societe Tunisienne de Reassurance's Revenue for the six months ended in Dec. 2024 was TND235.5 Mil. Societe Tunisienne de Reassurance's Total Assets for the quarter that ended in Dec. 2024 was TND974.9 Mil. Therefore, Societe Tunisienne de Reassurance's Asset Turnover for the quarter that ended in Dec. 2024 was 0.24.

Asset Turnover is linked to ROE % through Du Pont Formula. Societe Tunisienne de Reassurance's annualized ROE % for the quarter that ended in Dec. 2024 was 16.96%. It is also linked to ROA % through Du Pont Formula. Societe Tunisienne de Reassurance's annualized ROA % for the quarter that ended in Dec. 2024 was 4.39%.


Societe Tunisienne de Reassurance  (XTUN:TRE) Asset Turnover Explanation

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

Societe Tunisienne de Reassurance's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=42.812/252.419
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(42.812 / 471.058)*(471.058 / 974.8845)*(974.8845/ 252.419)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.09 %*0.4832*3.8622
=ROA %*Equity Multiplier
=4.39 %*3.8622
=16.96 %

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.

** 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:

Societe Tunisienne de Reassurance's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=42.812/974.8845
=(Net Income / Revenue)*(Revenue / Total Assets)
=(42.812 / 471.058)*(471.058 / 974.8845)
=Net Margin %*Asset Turnover
=9.09 %*0.4832
=4.39 %

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.


Societe Tunisienne de Reassurance Asset Turnover Related Terms


Societe Tunisienne de Reassurance Asset Turnover Historical Data

* Premium members only.

The historical data trend for Societe Tunisienne de Reassurance'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.

Societe Tunisienne de Reassurance Asset Turnover Chart

Societe Tunisienne de Reassurance 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 0.16 0.16 0.18 0.22 0.24

Societe Tunisienne de Reassurance Semi-Annual Data
Dec12 Dec13 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 Premium Member Only Premium Member Only 0.16 0.16 0.18 0.22 0.24

XTUN:TRE vs RGA, EG, RNR: Asset Turnover Comparison

For the Insurance - Reinsurance subindustry, Societe Tunisienne de Reassurance'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.


Societe Tunisienne de Reassurance Asset Turnover vs Insurance Industry

For the Insurance industry and Financial Services sector, Societe Tunisienne de Reassurance's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Societe Tunisienne de Reassurance's Asset Turnover falls into.


XTUN:TRE
85GF Score
Societe Tunisienne de Reassurance SA XTUN:TRE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Societe Tunisienne de Reassurance Asset Turnover Calculation

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

Societe Tunisienne de Reassurance'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 )
=235.529/( (926.419+1023.35)/ 2 )
=235.529/974.8845
=0.24

Societe Tunisienne de Reassurance'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 )
=235.529/( (926.419+1023.35)/ 2 )
=235.529/974.8845
=0.24

* 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 0.24 mean?
Societe Tunisienne de Reassurance (XTUN:TRE) has a Asset Turnover of 0.24 as of Dec. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Societe Tunisienne de Reassurance and its competitors.
Is Societe Tunisienne de Reassurance's Asset Turnover too high?
Societe Tunisienne de Reassurance's current Asset Turnover is 0.24. Overall, Societe Tunisienne de Reassurance has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Societe Tunisienne de Reassurance's Asset Turnover compare to RGA and EG?
Societe Tunisienne de Reassurance's Asset Turnover of 0.24 can be compared against companies in the Insurance 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 an Insurance company?
A good Asset Turnover depends on the Insurance 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 Societe Tunisienne de Reassurance and its competitors. Societe Tunisienne de Reassurance's current Asset Turnover is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe Tunisienne de Reassurance stock overvalued right now?
Based on GuruFocus' analysis, Societe Tunisienne de Reassurance (XTUN:TRE) is currently considered Significantly Overvalued. The stock's GF Value™ is TND9.27, compared to a current price of TND12.80 — trading 38.1% above its estimated fair value. The current Asset Turnover is 0.24. Societe Tunisienne de Reassurance's overall GF Score™ is 85/100. 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 Societe Tunisienne de Reassurance (XTUN:TRE), the current Asset Turnover is 0.24 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 Societe Tunisienne de Reassurance (XTUN:TRE) Overvalued in 2026?

Based on GuruFocus' analysis, Societe Tunisienne de Reassurance stock appears to be overvalued. The current stock price of TND12.80 is trading 38.1% above its estimated GF Value™ of TND9.27. GuruFocus considers Societe Tunisienne de Reassurance to be Significantly Overvalued.

Key valuation signals for XTUN:TRE:

  • Asset Turnover: 0.24
  • GF Value™: TND9.27 vs. price of TND12.80 (38.1% above fair value)
  • GF Score™: 85/100

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


Societe Tunisienne de Reassurance Business Description

Address Avenue du Japon No. 12, P.O Box 29, Montplaisir, Tunis, TUN, 1073
Societe Tunisienne de Reassurance SA is engaged in the provision of the insurance services. The company offers various insurance products such as Fire, Miscellaneous and Technical Risks, engineering, Agricultural Risks, Marine & Energy, civil liability, accidents, civil and life insurances. In addition, it also provides transport corps, transportation faculties, energy and aviation insurance.
85GF Score

Get the complete analysis for XTUN:TRE

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

TND12.80
Price
TND9.27
GF Value