FREVS (First Real Estate Investment Trust of New Jersey) Asset Turnover: 0.05 (As of Apr. 2026)

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FREVS First Real Estate Investment Trust of New Jersey Inc FREVS
65 GF Score
Price $21.35
GF Value $17.10
Valuation Modestly Overvalued
! 9 Warning Signs
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What is First Real Estate Investment Trust of New Jersey Asset Turnover?

First Real Estate Investment Trust of New Jersey FREVS 65 Asset Turnover is 0.05 as of Apr. 2026. GuruFocus rates FREVS with a GF Score™ of 65/100 and a GF Value™ of $17.10 (Modestly Overvalued). The stock has 9 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. First Real Estate Investment Trust of New Jersey's Revenue for the three months ended in Apr. 2026 was $7.63 Mil. First Real Estate Investment Trust of New Jersey's Total Assets for the quarter that ended in Apr. 2026 was $148.82 Mil. Therefore, First Real Estate Investment Trust of New Jersey's Asset Turnover for the quarter that ended in Apr. 2026 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. First Real Estate Investment Trust of New Jersey's annualized ROE % for the quarter that ended in Apr. 2026 was 7.20%. It is also linked to ROA % through Du Pont Formula. First Real Estate Investment Trust of New Jersey's annualized ROA % for the quarter that ended in Apr. 2026 was 1.66%.


First Real Estate Investment Trust of New Jersey  (OTCPK:FREVS) Asset Turnover Explanation

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

First Real Estate Investment Trust of New Jersey's annulized ROE % for the quarter that ended in Apr. 2026 is

ROE %**(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=2.464/34.2225
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.464 / 30.536)*(30.536 / 148.8225)*(148.8225/ 34.2225)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.07 %*0.2052*4.3487
=ROA %*Equity Multiplier
=1.66 %*4.3487
=7.20 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 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:

First Real Estate Investment Trust of New Jersey's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=2.464/148.8225
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.464 / 30.536)*(30.536 / 148.8225)
=Net Margin %*Asset Turnover
=8.07 %*0.2052
=1.66 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 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.


First Real Estate Investment Trust of New Jersey Asset Turnover Related Terms


First Real Estate Investment Trust of New Jersey Asset Turnover Historical Data

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The historical data trend for First Real Estate Investment Trust of New Jersey'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.

First Real Estate Investment Trust of New Jersey Asset Turnover Chart

First Real Estate Investment Trust of New Jersey Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.12 0.17 0.18 0.19

First Real Estate Investment Trust of New Jersey Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.05 0.05 0.05 0.05 0.05

FREVS vs ELME, MRTI, CLPR: Asset Turnover Comparison

For the REIT - Residential subindustry, First Real Estate Investment Trust of New Jersey'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.


First Real Estate Investment Trust of New Jersey Asset Turnover vs REITs Industry

For the REITs industry and Real Estate sector, First Real Estate Investment Trust of New Jersey's Asset Turnover distribution charts can be found below:

* The bar in red indicates where First Real Estate Investment Trust of New Jersey's Asset Turnover falls into.


FREVS
65GF Score
First Real Estate Investment Trust of New Jersey Inc FREVS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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First Real Estate Investment Trust of New Jersey Asset Turnover Calculation

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

First Real Estate Investment Trust of New Jersey's Asset Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2025 )/( (Total Assets (A: Oct. 2024 )+Total Assets (A: Oct. 2025 ))/ count )
=29.317/( (162.264+149.874)/ 2 )
=29.317/156.069
=0.19

First Real Estate Investment Trust of New Jersey's Asset Turnover for the quarter that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=7.634/( (148.997+148.648)/ 2 )
=7.634/148.8225
=0.05

* 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 0.05 mean?
First Real Estate Investment Trust of New Jersey (FREVS) has a Asset Turnover of 0.05 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on First Real Estate Investment Trust of New Jersey and its competitors.
Is First Real Estate Investment Trust of New Jersey's Asset Turnover too high?
First Real Estate Investment Trust of New Jersey's current Asset Turnover is 0.05. Overall, First Real Estate Investment Trust of New Jersey has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Real Estate Investment Trust of New Jersey's Asset Turnover compare to ELME and MRTI?
First Real Estate Investment Trust of New Jersey's Asset Turnover of 0.05 can be compared against companies in the REITs 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 REITs company?
A good Asset Turnover depends on the REITs 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 First Real Estate Investment Trust of New Jersey and its competitors. First Real Estate Investment Trust of New Jersey's current Asset Turnover is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Real Estate Investment Trust of New Jersey stock overvalued right now?
Based on GuruFocus' analysis, First Real Estate Investment Trust of New Jersey (FREVS) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.10, compared to a current price of $21.35 — trading 24.9% above its estimated fair value. The current Asset Turnover is 0.05. First Real Estate Investment Trust of New Jersey's overall GF Score™ is 65/100 with 9 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 First Real Estate Investment Trust of New Jersey (FREVS), the current Asset Turnover is 0.05 as of Apr. 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 First Real Estate Investment Trust of New Jersey (FREVS) Overvalued in 2026?

Based on GuruFocus' analysis, First Real Estate Investment Trust of New Jersey stock appears to be overvalued. The current stock price of $21.35 is trading 24.9% above its estimated GF Value™ of $17.10. GuruFocus considers First Real Estate Investment Trust of New Jersey to be Modestly Overvalued.

Key valuation signals for FREVS:

  • Asset Turnover: 0.05
  • GF Value™: $17.10 vs. price of $21.35 (24.9% above fair value)
  • GF Score™: 65/100 with 9 warning signs

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


First Real Estate Investment Trust of New Jersey Business Description

Industry Real EstateREITs
Address 505 Main Street, Suite 400, Hackensack, NJ, USA, 07601
First Real Estate Investment Trust of New Jersey Inc operates in the real estate sector of the United States. It implies the investment in real estate properties and passing on a regular income and benefit of capital appreciation to its shareholders. The company operates in two reportable segments; commercial properties and residential properties. Its revenues consist of fixed rental income from its residential and commercial properties and additional rent in the form of expense reimbursements acquired from its income-producing commercial properties. The majority of revenue is derived from the Residential properties segment.
65GF Score

Get the complete analysis for FREVS

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

$21.35
Price
$17.10
GF Value