GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Empresaria Group PLC (LSE:EMR) » Definitions » Asset Turnover

Empresaria Group (LSE:EMR) Asset Turnover : 1.09 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Empresaria Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Empresaria Group's Revenue for the six months ended in Dec. 2023 was £124.6 Mil. Empresaria Group's Total Assets for the quarter that ended in Dec. 2023 was £114.4 Mil. Therefore, Empresaria Group's Asset Turnover for the quarter that ended in Dec. 2023 was 1.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Empresaria Group's annualized ROE % for the quarter that ended in Dec. 2023 was -10.05%. It is also linked to ROA % through Du Pont Formula. Empresaria Group's annualized ROA % for the quarter that ended in Dec. 2023 was -3.32%.


Empresaria Group Asset Turnover Historical Data

The historical data trend for Empresaria Group'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.

Empresaria Group Asset Turnover Chart

Empresaria Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.58 1.98 2.10 2.11 2.12

Empresaria Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.03 1.04 1.06 1.05 1.09

Competitive Comparison of Empresaria Group's Asset Turnover

For the Staffing & Employment Services subindustry, Empresaria Group'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.


Empresaria Group's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Empresaria Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Empresaria Group's Asset Turnover falls into.



Empresaria Group Asset Turnover Calculation

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

Empresaria Group's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=250.3/( (123.8+112.9)/ 2 )
=250.3/118.35
=2.11

Empresaria Group's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=124.6/( (115.8+112.9)/ 2 )
=124.6/114.35
=1.09

* 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.


Empresaria Group  (LSE:EMR) Asset Turnover Explanation

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

Empresaria Group's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-3.8/37.8
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.8 / 249.2)*(249.2 / 114.35)*(114.35/ 37.8)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.52 %*2.1793*3.0251
=ROA %*Equity Multiplier
=-3.32 %*3.0251
=-10.05 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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:

Empresaria Group's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-3.8/114.35
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.8 / 249.2)*(249.2 / 114.35)
=Net Margin %*Asset Turnover
=-1.52 %*2.1793
=-3.32 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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.


Empresaria Group Asset Turnover Related Terms

Thank you for viewing the detailed overview of Empresaria Group's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Empresaria Group (LSE:EMR) Business Description

Traded in Other Exchanges
N/A
Address
Old Church House, Sandy Lane, Crawley Down, Crawley, West Sussex, GBR, RH10 4HS
Empresaria Group PLC is a UK-based international specialist staffing company. It has three main service lines, temporary and contract recruitment, permanent recruitment, and offshore recruitment services. It serves the Professional, IT, Healthcare, Property, Construction & Engineering, Commercial, and Offshore Recruitment Services sectors. Geographically it has its presence in the regions of the UK, Continental Europe, the Asia Pacific, and the Americas, and the majority of its revenue comes from UK & Europe.

Empresaria Group (LSE:EMR) Headlines

From GuruFocus

Q1 2023 Emerson Electric Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2023 Emerson Electric Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2022 Emerson Electric Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2019 Emerson Electric Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Emerson Electric Co Annual Investor Conference Transcript

By GuruFocus Research 01-22-2024

Q4 2021 Emerson Electric Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Emerson Electric Co Earnings Call Transcript

By GuruFocus Research 01-22-2024