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HORNBACH Baumarkt AG (HAM:HBM) Asset Turnover : 0.27 (As of Feb. 2022)


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What is HORNBACH Baumarkt AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. HORNBACH Baumarkt AG's Revenue for the three months ended in Feb. 2022 was €1,111 Mil. HORNBACH Baumarkt AG's Total Assets for the quarter that ended in Feb. 2022 was €4,050 Mil. Therefore, HORNBACH Baumarkt AG's Asset Turnover for the quarter that ended in Feb. 2022 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. HORNBACH Baumarkt AG's annualized ROE % for the quarter that ended in Feb. 2022 was -12.56%. It is also linked to ROA % through Du Pont Formula. HORNBACH Baumarkt AG's annualized ROA % for the quarter that ended in Feb. 2022 was -4.52%.


HORNBACH Baumarkt AG Asset Turnover Historical Data

The historical data trend for HORNBACH Baumarkt 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.

* Premium members only.

HORNBACH Baumarkt AG Asset Turnover Chart

HORNBACH Baumarkt AG Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 1.50 1.40 1.40 1.37

HORNBACH Baumarkt AG Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 Feb23
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 0.41 0.38 0.32 0.27 -

Competitive Comparison of HORNBACH Baumarkt AG's Asset Turnover

For the Home Improvement Retail subindustry, HORNBACH Baumarkt 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.


HORNBACH Baumarkt AG's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, HORNBACH Baumarkt AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where HORNBACH Baumarkt AG's Asset Turnover falls into.



HORNBACH Baumarkt AG Asset Turnover Calculation

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

HORNBACH Baumarkt AG's Asset Turnover for the fiscal year that ended in Feb. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2023 )/( (Total Assets (A: Feb. 2022 )+Total Assets (A: Feb. 2023 ))/ count )
=5843.052/( (4084.355+4468.452)/ 2 )
=5843.052/4276.4035
=1.37

HORNBACH Baumarkt AG's Asset Turnover for the quarter that ended in Feb. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2022 )/( (Total Assets (Q: Nov. 2021 )+Total Assets (Q: Feb. 2022 ))/ count )
=1111.086/( (4015.1+4084.355)/ 2 )
=1111.086/4049.7275
=0.27

* 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.


HORNBACH Baumarkt AG  (HAM:HBM) Asset Turnover Explanation

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

HORNBACH Baumarkt AG's annulized ROE % for the quarter that ended in Feb. 2022 is

ROE %**(Q: Feb. 2022 )
=Net Income/Total Stockholders Equity
=-183.024/1456.715
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-183.024 / 4444.344)*(4444.344 / 4049.7275)*(4049.7275/ 1456.715)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.12 %*1.0974*2.78
=ROA %*Equity Multiplier
=-4.52 %*2.78
=-12.56 %

Note: The Net Income data used here is four times the quarterly (Feb. 2022) net income data. The Revenue data used here is four times the quarterly (Feb. 2022) 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:

HORNBACH Baumarkt AG's annulized ROA % for the quarter that ended in Feb. 2022 is

ROA %(Q: Feb. 2022 )
=Net Income/Total Assets
=-183.024/4049.7275
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-183.024 / 4444.344)*(4444.344 / 4049.7275)
=Net Margin %*Asset Turnover
=-4.12 %*1.0974
=-4.52 %

Note: The Net Income data used here is four times the quarterly (Feb. 2022) net income data. The Revenue data used here is four times the quarterly (Feb. 2022) 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.


HORNBACH Baumarkt AG Asset Turnover Related Terms

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HORNBACH Baumarkt AG (HAM:HBM) Business Description

Traded in Other Exchanges
N/A
Address
Hornbachstrasse, Pfalz, Bornheim bei Landau, RP, DEU, 76878
HORNBACH Baumarkt AG is a German company that operates megastores and offers do-it-yourself (DIY), home improvement, and gardening products. The company also operates in other European countries, including Austria, the Netherlands, the Czech Republic, Switzerland, and Romania. The company conducts its activities through its Retail and Real estate segments. The Retail segment operates DIY megastores and garden centers, while the Real estate segment focuses on retail properties. The stores' product range includes hardware/electrical, paint/wallpaper/flooring, construction materials, sanitary tiles, and garden products. The majority of the company's sales are derived from its retail segment.