Nisshinbo Holdings (FRA:NBO) Asset Turnover: 0.21 (As of Dec. 2025)


FRA:NBO Nisshinbo Holdings Inc FRA:NBO
62 GF Score
Price €13.20
GF Value €5.69
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nisshinbo Holdings Asset Turnover?

Nisshinbo Holdings FRA:NBO -0.75% 62 Asset Turnover is 0.21 as of Dec. 2025. GuruFocus rates FRA:NBO with a GF Score™ of 62/100 and a GF Value™ of €5.69 (Significantly Overvalued). The stock has 8 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. Nisshinbo Holdings's Revenue for the three months ended in Dec. 2025 was €755 Mil. Nisshinbo Holdings's Total Assets for the quarter that ended in Dec. 2025 was €3,651 Mil. Therefore, Nisshinbo Holdings's Asset Turnover for the quarter that ended in Dec. 2025 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Nisshinbo Holdings's annualized ROE % for the quarter that ended in Dec. 2025 was 0.13%. It is also linked to ROA % through Du Pont Formula. Nisshinbo Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was 0.06%.


Nisshinbo Holdings  (FRA:NBO) Asset Turnover Explanation

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

Nisshinbo Holdings's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=2.104/1571.413
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.104 / 3018.476)*(3018.476 / 3651.2575)*(3651.2575/ 1571.413)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.07 %*0.8267*2.3236
=ROA %*Equity Multiplier
=0.06 %*2.3236
=0.13 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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:

Nisshinbo Holdings's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=2.104/3651.2575
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.104 / 3018.476)*(3018.476 / 3651.2575)
=Net Margin %*Asset Turnover
=0.07 %*0.8267
=0.06 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.


Nisshinbo Holdings Asset Turnover Related Terms


Nisshinbo Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Nisshinbo Holdings'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.

Nisshinbo Holdings Asset Turnover Chart

Nisshinbo Holdings Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.80 0.80 0.72 0.70

Nisshinbo Holdings 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 0.23 0.16 0.17 0.21 0.22

FRA:NBO vs HON, MMM: Asset Turnover Comparison

For the Conglomerates subindustry, Nisshinbo Holdings'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.


Nisshinbo Holdings Asset Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nisshinbo Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nisshinbo Holdings's Asset Turnover falls into.


FRA:NBO
62GF Score
Nisshinbo Holdings Inc FRA:NBO
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nisshinbo Holdings Asset Turnover Calculation

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

Nisshinbo Holdings'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 )
=2751.483/( (4222.67+3657.863)/ 2 )
=2751.483/3940.2665
=0.70

Nisshinbo Holdings's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=754.619/( (3644.652+3657.863)/ 2 )
=754.619/3651.2575
=0.21

* 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 0.21 mean?
Nisshinbo Holdings (FRA:NBO) has a Asset Turnover of 0.21 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nisshinbo Holdings and its competitors.
Is Nisshinbo Holdings' Asset Turnover too high?
Nisshinbo Holdings' current Asset Turnover is 0.21. Overall, Nisshinbo Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nisshinbo Holdings' Asset Turnover compare to HON and MMM?
Nisshinbo Holdings' Asset Turnover of 0.21 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Asset Turnover depends on the Conglomerates 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 Nisshinbo Holdings and its competitors. Nisshinbo Holdings's current Asset Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshinbo Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nisshinbo Holdings (FRA:NBO) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.69, compared to a current price of €13.20 — trading 132% above its estimated fair value. The current Asset Turnover is 0.21. Nisshinbo Holdings' overall GF Score™ is 62/100 with 8 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 Nisshinbo Holdings (FRA:NBO), the current Asset Turnover is 0.21 as of Dec. 2025. 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 Nisshinbo Holdings (FRA:NBO) Overvalued in 2026?

Based on GuruFocus' analysis, Nisshinbo Holdings stock appears to be overvalued. The current stock price of €13.20 is trading 132% above its estimated GF Value™ of €5.69. GuruFocus considers Nisshinbo Holdings to be Significantly Overvalued.

Key valuation signals for FRA:NBO:

  • Asset Turnover: 0.21
  • GF Value™: €5.69 vs. price of €13.20 (132% above fair value)
  • GF Score™: 62/100 with 8 warning signs

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


Nisshinbo Holdings Business Description

Other Exchanges NSHBY:USA3105:Japan
Address 2-31-11, Ningyo-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8650
Nisshinbo Holdings Inc is a Japan-based company that is mainly engaged in electronics, automobile brakes, textiles, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business mainly manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts, and others.
62GF Score

Get the complete analysis for FRA:NBO

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

€13.20
Price
€5.69
GF Value