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:
Virtus AllianzGI Equitynvertibleome Fund'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.
Virtus AllianzGI Equitynvertibleome Fund Asset Turnover Related Terms
Virtus AllianzGI Equitynvertibleome Fund Asset Turnover Historical 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.
Virtus AllianzGI Equitynvertibleome Fund Asset Turnover Chart
Virtus AllianzGI Equitynvertibleome Fund Annual Data
For the Asset Management subindustry, Virtus AllianzGI Equitynvertibleome Fund'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.
Virtus AllianzGI Equitynvertibleome Fund Asset Turnover vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Virtus AllianzGI Equitynvertibleome Fund's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Virtus AllianzGI Equitynvertibleome Fund'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.
Virtus AllianzGI Equitynvertibleome Fund (NIE) has a Asset Turnover of 0.10 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Virtus AllianzGI Equitynvertibleome Fund and its competitors.
Is Virtus AllianzGI Equitynvertibleome Fund's Asset Turnover too high?
Virtus AllianzGI Equitynvertibleome Fund's current Asset Turnover is 0.10. Overall, Virtus AllianzGI Equitynvertibleome Fund has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Virtus AllianzGI Equitynvertibleome Fund's Asset Turnover compare to PFLT and MYI?
Virtus AllianzGI Equitynvertibleome Fund's Asset Turnover of 0.10 can be compared against companies in the Asset Management 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 Asset Management company?
A good Asset Turnover depends on the Asset Management 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 Virtus AllianzGI Equitynvertibleome Fund and its competitors. Virtus AllianzGI Equitynvertibleome Fund's current Asset Turnover is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus AllianzGI Equitynvertibleome Fund stock overvalued right now?
Based on GuruFocus' analysis, Virtus AllianzGI Equitynvertibleome Fund (NIE) is currently considered Fairly Valued. The stock's GF Value™ is $27.68, compared to a current price of $26.43 — trading 4.5% below its estimated fair value. The current Asset Turnover is 0.10. Virtus AllianzGI Equitynvertibleome Fund's overall GF Score™ is 53/100 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 Virtus AllianzGI Equitynvertibleome Fund (NIE), the current Asset Turnover is 0.10 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 Virtus AllianzGI Equitynvertibleome Fund (NIE) Overvalued in 2026?
Based on GuruFocus' analysis, Virtus AllianzGI Equitynvertibleome Fund stock appears to be undervalued.
The current stock price of $26.43 is trading 4.5% below its estimated GF Value™ of $27.68.
GuruFocus considers Virtus AllianzGI Equitynvertibleome Fund to be Fairly Valued.
Key valuation signals for NIE:
Asset Turnover: 0.10
GF Value™: $27.68 vs. price of $26.43 (4.5% below fair value)
No single metric tells the full story. See the NIE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Virtus AllianzGI Equitynvertibleome Fund Business Description
Virtus AllianzGI Equity & Convertible Income Fund is a diversified, closed-end management investment company. The investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The fund pursues its objective by investing in a diversified portfolio of equity securities and income-producing convertible securities. Its portfolio of investments comprises different sector investments, such as aerospace and defense, banks, IT services, software, and others.
53GF Score
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