Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. New Hope's Revenue for the
six
months ended in Jan. 2026 was $553 Mil. New Hope's Total Assets for the quarter that ended in Jan. 2026 was $2,343 Mil. Therefore, New Hope's Asset Turnover for the quarter that ended in Jan. 2026 was 0.24.
Asset Turnover is linked to ROE % through Du Pont Formula. New Hope's annualizedROE % for the quarter that ended in Jan. 2026 was 4.24%. It is also linked to ROA % through Du Pont Formula. New Hope's annualizedROA % for the quarter that ended in Jan. 2026 was 3.15%.
New Hope (OTCPK:NHPEF) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
New Hope's annulizedROE % for the quarter that ended in Jan. 2026 is
Note:
The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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 Hope's annulizedROA % for the quarter that ended in Jan. 2026 is
Note:
The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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 Hope Asset Turnover Related Terms
New Hope Asset Turnover Historical Data
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The historical data trend for New Hope'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.
For the Thermal Coal subindustry, New Hope'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 Hope Asset Turnover vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, New Hope's Asset Turnover distribution charts can be found below:
* The bar in red indicates where New Hope's Asset Turnover falls into.
* 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.
New Hope (NHPEF) has a Asset Turnover of 0.24 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on New Hope and its competitors.
Is New Hope's Asset Turnover too high?
New Hope's current Asset Turnover is 0.24. Overall, New Hope has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Hope's Asset Turnover compare to competitors?
New Hope's Asset Turnover of 0.24 can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good Asset Turnover depends on the Other Energy Sources 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 Hope and its competitors. New Hope's current Asset Turnover is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Hope stock overvalued right now?
Based on GuruFocus' analysis, New Hope (NHPEF) is currently considered Modestly Overvalued. The stock's GF Value™ is $3.08, compared to a current price of $3.70 — trading 20.1% above its estimated fair value. The current Asset Turnover is 0.24. New Hope's overall GF Score™ is 70/100 with 10 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 Hope (NHPEF), the current Asset Turnover is 0.24 as of Jan. 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 Hope (NHPEF) Overvalued in 2026?
Based on GuruFocus' analysis, New Hope stock appears to be overvalued.
The current stock price of $3.70 is trading 20.1% above its estimated GF Value™ of $3.08.
GuruFocus considers New Hope to be Modestly Overvalued.
Key valuation signals for NHPEF:
Asset Turnover: 0.24
GF Value™: $3.08 vs. price of $3.70 (20.1% above fair value)
No single metric tells the full story. See the NHPEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should sell around 13 million metric tons of thermal coal annually from fiscal 2028, up from around 10.5 million in fiscal 2025, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 23% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.
70GF Score
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