NEPG (NEP Group) Asset Turnover: 0.44 (As of Dec. 2014)


What is NEP Group Asset Turnover?

NEP Group NEPG Asset Turnover is 0.44 as of Dec. 2014.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. NEP Group's Revenue for the six months ended in Dec. 2014 was $442.75 Mil. NEP Group's Total Assets for the quarter that ended in Dec. 2014 was $998.44 Mil. Therefore, NEP Group's Asset Turnover for the quarter that ended in Dec. 2014 was 0.44.

Asset Turnover is linked to ROE % through Du Pont Formula. NEP Group's annualized ROE % for the quarter that ended in Dec. 2014 was -52.85%. It is also linked to ROA % through Du Pont Formula. NEP Group's annualized ROA % for the quarter that ended in Dec. 2014 was -8.26%.

NEP Group  (NYSE:NEPG) Asset Turnover Explanation

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

NEP Group's annulized ROE % for the quarter that ended in Dec. 2014 is

ROE %**(Q: Dec. 2014 )
=Net Income/Total Stockholders Equity
=-82.43/155.9665
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-82.43 / 885.504)*(885.504 / 998.4435)*(998.4435/ 155.9665)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9.31 %*0.8869*6.4017
=ROA %*Equity Multiplier
=-8.26 %*6.4017
=-52.85 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2014) net income data. The Revenue data used here is two times the semi-annual (Dec. 2014) 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:

NEP Group's annulized ROA % for the quarter that ended in Dec. 2014 is

ROA %(Q: Dec. 2014 )
=Net Income/Total Assets
=-82.43/998.4435
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-82.43 / 885.504)*(885.504 / 998.4435)
=Net Margin %*Asset Turnover
=-9.31 %*0.8869
=-8.26 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2014) net income data. The Revenue data used here is two times the semi-annual (Dec. 2014) 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.

NEP Group Asset Turnover Related Terms

NEP Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for NEP 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.

NEP Group Asset Turnover Chart

NEP Group Annual Data
Trend Dec13 Dec14
Asset Turnover
0.41 0.44

NEP Group Semi-Annual Data
Dec13 Dec14
Asset Turnover 0.41 0.44

NEPG vs CRCO, ASKH, PTSX: Asset Turnover Comparison

For the Broadcasting subindustry, NEP 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.

NEP Group Asset Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, NEP Group's Asset Turnover distribution charts can be found below:

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


NEP Group Asset Turnover Calculation

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

NEP Group's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=442.752/( (879.796+1117.091)/ 2 )
=442.752/998.4435
=0.44

NEP Group's Asset Turnover for the quarter that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2014 )/( (Total Assets (Q: Dec. 2013 )+Total Assets (Q: Dec. 2014 ))/ count )
=442.752/( (879.796+1117.091)/ 2 )
=442.752/998.4435
=0.44

* 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 0.44 mean?
NEP Group (NEPG) has a Asset Turnover of 0.44 as of Dec. 2014. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on NEP Group and its competitors.
Is NEP Group's Asset Turnover too high?
NEP Group's current Asset Turnover is 0.44.
How does NEP Group's Asset Turnover compare to CRCO and ASKH?
NEP Group's Asset Turnover of 0.44 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Asset Turnover depends on the Media - Diversified 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 NEP Group and its competitors. NEP Group's current Asset Turnover is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEP Group stock overvalued right now?
NEP Group (NEPG) has a current Asset Turnover of 0.44. The current Asset Turnover is 0.44. 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 NEP Group (NEPG), the current Asset Turnover is 0.44 as of Dec. 2014. 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.

NEP Group Business Description

NEP Group Inc was founded on December 24, 2012. The Company is a provider of customized broadcast solutions to the live sports and entertainment markets offering various broadcast and live event services. The Company's engineers design live event solutions and work side-by-side with its clients to customize its solutions and provide real-time support during a broadcast or live event to ensure a seamlessly delivered production. The Company has developed a range of services operating inside and outside of the United States and has supported events. It serves the premium sports, entertainment and other live event production markets, where it offers mission-critical outsourced solutions, including remote production, studio production, video display and host broadcasting. It competes in three primary geographies: the United States, Europe and Australia, servicing the sports, entertainment and other live events markets. It competes against F&F Productions, Game Creek Video, Lyon Video and Mobile Television Group in the United States; Gearhouse Broadcast in Australia; CTV Outside Broadcasts and Telegenic in the U.K.; AMP Visuals, Euro Media Group, Mediapro Group and Top Vision in Continental Europe.