INA-Industrija Nafte DD (ZAG:INA) Asset Turnover: 0.24 (As of Mar. 2026)


ZAG:INA INA-Industrija Nafte DD ZAG:INA
73 GF Score
Price €530.00
GF Value €358.63
Valuation Significantly Overvalued
! 7 Warning Signs
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What is INA-Industrija Nafte DD Asset Turnover?

INA-Industrija Nafte DD ZAG:INA 73 Asset Turnover is 0.24 as of Mar. 2026. GuruFocus rates ZAG:INA with a GF Score™ of 73/100 and a GF Value™ of €358.63 (Significantly Overvalued). The stock has 7 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. INA-Industrija Nafte DD's Revenue for the three months ended in Mar. 2026 was €877 Mil. INA-Industrija Nafte DD's Total Assets for the quarter that ended in Mar. 2026 was €3,665 Mil. Therefore, INA-Industrija Nafte DD's Asset Turnover for the quarter that ended in Mar. 2026 was 0.24.

Asset Turnover is linked to ROE % through Du Pont Formula. INA-Industrija Nafte DD's annualized ROE % for the quarter that ended in Mar. 2026 was -0.56%. It is also linked to ROA % through Du Pont Formula. INA-Industrija Nafte DD's annualized ROA % for the quarter that ended in Mar. 2026 was -0.25%.


INA-Industrija Nafte DD  (ZAG:INA) Asset Turnover Explanation

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

INA-Industrija Nafte DD's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-9.2/1634.397
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-9.2 / 3506.8)*(3506.8 / 3665.41)*(3665.41/ 1634.397)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.26 %*0.9567*2.2427
=ROA %*Equity Multiplier
=-0.25 %*2.2427
=-0.56 %

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:

INA-Industrija Nafte DD's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-9.2/3665.41
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-9.2 / 3506.8)*(3506.8 / 3665.41)
=Net Margin %*Asset Turnover
=-0.26 %*0.9567
=-0.25 %

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.


INA-Industrija Nafte DD Asset Turnover Related Terms


INA-Industrija Nafte DD Asset Turnover Historical Data

* Premium members only.

The historical data trend for INA-Industrija Nafte DD'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.

INA-Industrija Nafte DD Asset Turnover Chart

INA-Industrija Nafte DD 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 1.09 1.56 1.24 1.20 1.13

INA-Industrija Nafte DD 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 0.28 0.27 0.31 0.26 0.24

ZAG:INA vs VLO, MPC, PSX: Asset Turnover Comparison

For the Oil & Gas Refining & Marketing subindustry, INA-Industrija Nafte DD'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.


INA-Industrija Nafte DD Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, INA-Industrija Nafte DD's Asset Turnover distribution charts can be found below:

* The bar in red indicates where INA-Industrija Nafte DD's Asset Turnover falls into.


ZAG:INA
73GF Score
INA-Industrija Nafte DD ZAG:INA
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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INA-Industrija Nafte DD Asset Turnover Calculation

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

INA-Industrija Nafte DD'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 )
=3835.043/( (3341.782+3475.42)/ 2 )
=3835.043/3408.601
=1.13

INA-Industrija Nafte DD'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 )
=876.7/( (3475.42+3855.4)/ 2 )
=876.7/3665.41
=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?
INA-Industrija Nafte DD (ZAG:INA) has a Asset Turnover of 0.24 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on INA-Industrija Nafte DD and its competitors.
Is INA-Industrija Nafte DD's Asset Turnover too high?
INA-Industrija Nafte DD's current Asset Turnover is 0.24. Overall, INA-Industrija Nafte DD has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does INA-Industrija Nafte DD's Asset Turnover compare to VLO and MPC?
INA-Industrija Nafte DD's Asset Turnover of 0.24 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas 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 INA-Industrija Nafte DD and its competitors. INA-Industrija Nafte DD'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 INA-Industrija Nafte DD stock overvalued right now?
Based on GuruFocus' analysis, INA-Industrija Nafte DD (ZAG:INA) is currently considered Significantly Overvalued. The stock's GF Value™ is €358.63, compared to a current price of €530.00 — trading 47.8% above its estimated fair value. The current Asset Turnover is 0.24. INA-Industrija Nafte DD's overall GF Score™ is 73/100 with 7 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 INA-Industrija Nafte DD (ZAG:INA), the current Asset Turnover is 0.24 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 INA-Industrija Nafte DD (ZAG:INA) Overvalued in 2026?

Based on GuruFocus' analysis, INA-Industrija Nafte DD stock appears to be overvalued. The current stock price of €530.00 is trading 47.8% above its estimated GF Value™ of €358.63. GuruFocus considers INA-Industrija Nafte DD to be Significantly Overvalued.

Key valuation signals for ZAG:INA:

  • Asset Turnover: 0.24
  • GF Value™: €358.63 vs. price of €530.00 (47.8% above fair value)
  • GF Score™: 73/100 with 7 warning signs

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


INA-Industrija Nafte DD Business Description

Industry EnergyOil & Gas
Address Avenija Veceslava, Holjevca 10, Zagreb, HRV, 10 020
INA-Industrija Nafte DD is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.
73GF Score

Get the complete analysis for ZAG:INA

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

€530.00
Price
€358.63
GF Value