New Zealand Kinglmon Investments (ASX:NZK) Asset Turnover: 0.39 (As of Mar. 2026)


ASX:NZK New Zealand King Salmon Investments Ltd ASX:NZK
63 GF Score
Price A$0.19
GF Value A$0.22
Valuation Modestly Undervalued
! 6 Warning Signs
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What is New Zealand Kinglmon Investments Asset Turnover?

New Zealand Kinglmon Investments ASX:NZK 63 Asset Turnover is 0.39 as of Mar. 2026. GuruFocus rates ASX:NZK with a GF Score™ of 63/100 and a GF Value™ of A$0.22 (Modestly Undervalued). The stock has 6 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. New Zealand Kinglmon Investments's Revenue for the six months ended in Mar. 2026 was A$83.5 Mil. New Zealand Kinglmon Investments's Total Assets for the quarter that ended in Mar. 2026 was A$212.9 Mil. Therefore, New Zealand Kinglmon Investments's Asset Turnover for the quarter that ended in Mar. 2026 was 0.39.

Asset Turnover is linked to ROE % through Du Pont Formula. New Zealand Kinglmon Investments's annualized ROE % for the quarter that ended in Mar. 2026 was 13.37%. It is also linked to ROA % through Du Pont Formula. New Zealand Kinglmon Investments's annualized ROA % for the quarter that ended in Mar. 2026 was 10.81%.


New Zealand Kinglmon Investments  (ASX:NZK) Asset Turnover Explanation

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

New Zealand Kinglmon Investments's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=23.014/172.162
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(23.014 / 167.088)*(167.088 / 212.932)*(212.932/ 172.162)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.77 %*0.7847*1.2368
=ROA %*Equity Multiplier
=10.81 %*1.2368
=13.37 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

New Zealand Kinglmon Investments's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=23.014/212.932
=(Net Income / Revenue)*(Revenue / Total Assets)
=(23.014 / 167.088)*(167.088 / 212.932)
=Net Margin %*Asset Turnover
=13.77 %*0.7847
=10.81 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


New Zealand Kinglmon Investments Asset Turnover Related Terms


New Zealand Kinglmon Investments Asset Turnover Historical Data

* Premium members only.

The historical data trend for New Zealand Kinglmon Investments'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.

New Zealand Kinglmon Investments Asset Turnover Chart

New Zealand Kinglmon Investments Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jan22 Jan23 Jan24
Asset Turnover
Get a 7-Day Free Trial 0.80 0.62 0.74 0.83 0.85

New Zealand Kinglmon Investments Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 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 0.43 0.42 0.45 0.42 0.39

ASX:NZK vs ADM, BG, TSN: Asset Turnover Comparison

For the Farm Products subindustry, New Zealand Kinglmon Investments'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.


New Zealand Kinglmon Investments Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, New Zealand Kinglmon Investments's Asset Turnover distribution charts can be found below:

* The bar in red indicates where New Zealand Kinglmon Investments's Asset Turnover falls into.


ASX:NZK
63GF Score
New Zealand King Salmon Investments Ltd ASX:NZK
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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New Zealand Kinglmon Investments Asset Turnover Calculation

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

New Zealand Kinglmon Investments's Asset Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=173.947/( (185.309+222.141)/ 2 )
=173.947/203.725
=0.85

New Zealand Kinglmon Investments'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: Jul. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=83.544/( (206.67+219.194)/ 2 )
=83.544/212.932
=0.39

* 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 0.39 mean?
New Zealand Kinglmon Investments (ASX:NZK) has a Asset Turnover of 0.39 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on New Zealand Kinglmon Investments and its competitors.
Is New Zealand Kinglmon Investments' Asset Turnover too high?
New Zealand Kinglmon Investments' current Asset Turnover is 0.39. Overall, New Zealand Kinglmon Investments has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Zealand Kinglmon Investments' Asset Turnover compare to ADM and BG?
New Zealand Kinglmon Investments' Asset Turnover of 0.39 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 New Zealand Kinglmon Investments and its competitors. New Zealand Kinglmon Investments's current Asset Turnover is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Zealand Kinglmon Investments stock overvalued right now?
Based on GuruFocus' analysis, New Zealand Kinglmon Investments (ASX:NZK) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.22, compared to a current price of A$0.19 — trading 13.6% below its estimated fair value. The current Asset Turnover is 0.39. New Zealand Kinglmon Investments' overall GF Score™ is 63/100 with 6 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 New Zealand Kinglmon Investments (ASX:NZK), the current Asset Turnover is 0.39 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 New Zealand Kinglmon Investments (ASX:NZK) Overvalued in 2026?

Based on GuruFocus' analysis, New Zealand Kinglmon Investments stock appears to be undervalued. The current stock price of A$0.19 is trading 13.6% below its estimated GF Value™ of A$0.22. GuruFocus considers New Zealand Kinglmon Investments to be Modestly Undervalued.

Key valuation signals for ASX:NZK:

  • Asset Turnover: 0.39
  • GF Value™: A$0.22 vs. price of A$0.19 (13.6% below fair value)
  • GF Score™: 63/100 with 6 warning signs

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


New Zealand Kinglmon Investments Business Description

Other Exchanges NZK:New Zealand
Address 17 Bullen Street, Tahunanui, Nelson, STL, NZL, 7011
New Zealand King Salmon Investments Ltd is engaged in the farming, processing, and sale of salmon products. Its brands include Regal, Southern Ocean, Omega Plus, Ora King, and King Salmon. Its product range includes Whole fish, Fillets, Steaks & Portions, wood-roasted, cold-smoked, and Others. Geographically, the company generates the majority of its revenue from North America and the rest from Australia, Japan, China, Europe, New Zealand, and other regions.
63GF Score

Get the complete analysis for ASX:NZK

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

A$0.19
Price
A$0.22
GF Value