NIPAF (PT Nippon Indosariindo Tbk) Asset Turnover: 0.24 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NIPAF PT Nippon Indosari Corpindo Tbk NIPAF
73 GF Score
Price $0.03
GF Value $0.04
! 2 Warning Signs
View Full Analysis

What is PT Nippon Indosariindo Tbk Asset Turnover?

PT Nippon Indosariindo Tbk NIPAF 73 Asset Turnover is 0.24 as of Mar. 2026. GuruFocus rates NIPAF with a GF Score™ of 73/100 and a GF Value™ of $0.04. The stock has 2 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. PT Nippon Indosariindo Tbk's Revenue for the three months ended in Mar. 2026 was $51.4 Mil. PT Nippon Indosariindo Tbk's Total Assets for the quarter that ended in Mar. 2026 was $213.2 Mil. Therefore, PT Nippon Indosariindo Tbk's Asset Turnover for the quarter that ended in Mar. 2026 was 0.24.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Nippon Indosariindo Tbk's annualized ROE % for the quarter that ended in Mar. 2026 was 0.43%. It is also linked to ROA % through Du Pont Formula. PT Nippon Indosariindo Tbk's annualized ROA % for the quarter that ended in Mar. 2026 was 0.25%.


PT Nippon Indosariindo Tbk  (OTCPK:NIPAF) Asset Turnover Explanation

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

PT Nippon Indosariindo Tbk's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=0.524/121.436
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.524 / 205.788)*(205.788 / 213.1515)*(213.1515/ 121.436)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.25 %*0.9655*1.7553
=ROA %*Equity Multiplier
=0.25 %*1.7553
=0.43 %

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

PT Nippon Indosariindo Tbk's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=0.524/213.1515
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.524 / 205.788)*(205.788 / 213.1515)
=Net Margin %*Asset Turnover
=0.25 %*0.9655
=0.25 %

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


PT Nippon Indosariindo Tbk Asset Turnover Related Terms


PT Nippon Indosariindo Tbk Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT Nippon Indosariindo Tbk'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.

PT Nippon Indosariindo Tbk Asset Turnover Chart

PT Nippon Indosariindo Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.91 0.95 1.01 1.01

PT Nippon Indosariindo Tbk 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 0.25 0.26 0.28 0.24

NIPAF vs KHC, GIS: Asset Turnover Comparison

For the Packaged Foods subindustry, PT Nippon Indosariindo Tbk'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.


PT Nippon Indosariindo Tbk Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Nippon Indosariindo Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Nippon Indosariindo Tbk's Asset Turnover falls into.


NIPAF
73GF Score
PT Nippon Indosari Corpindo Tbk NIPAF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Nippon Indosariindo Tbk Asset Turnover Calculation

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

PT Nippon Indosariindo Tbk'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 )
=224.911/( (233.624+211.748)/ 2 )
=224.911/222.686
=1.01

PT Nippon Indosariindo Tbk's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=51.447/( (211.748+214.555)/ 2 )
=51.447/213.1515
=0.24

* 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 0.24 mean?
PT Nippon Indosariindo Tbk (NIPAF) has a Asset Turnover of 0.24 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Nippon Indosariindo Tbk and its competitors.
Is PT Nippon Indosariindo Tbk's Asset Turnover too high?
PT Nippon Indosariindo Tbk's current Asset Turnover is 0.24. Overall, PT Nippon Indosariindo Tbk has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does PT Nippon Indosariindo Tbk's Asset Turnover compare to KHC and GIS?
PT Nippon Indosariindo Tbk's Asset Turnover of 0.24 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 PT Nippon Indosariindo Tbk and its competitors. PT Nippon Indosariindo Tbk'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 PT Nippon Indosariindo Tbk stock overvalued right now?
PT Nippon Indosariindo Tbk (NIPAF) has a current Asset Turnover of 0.24. The stock's GF Value™ is $0.04, compared to a current price of $0.03 — trading 31.3% below its estimated fair value. The current Asset Turnover is 0.24. PT Nippon Indosariindo Tbk's overall GF Score™ is 73/100 with 2 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 PT Nippon Indosariindo Tbk (NIPAF), the current Asset Turnover is 0.24 as of Mar. 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 PT Nippon Indosariindo Tbk (NIPAF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Nippon Indosariindo Tbk stock appears to be undervalued. The current stock price of $0.03 is trading 31.3% below its estimated GF Value™ of $0.04.

Key valuation signals for NIPAF:

  • Asset Turnover: 0.24
  • GF Value™: $0.04 vs. price of $0.03 (31.3% below fair value)
  • GF Score™: 73/100 with 2 warning signs

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


PT Nippon Indosariindo Tbk Business Description

Other Exchanges ROTI:Indonesia
Address Jl. Selayar Blok A9, Kawasan Industri MM2100, Cikarang Barat, Bekasi, Jawa Barat, Bekasi, IDN, 17530
PT Nippon Indosari Corpindo Tbk is engaged in bakery and cake industry, processing of other dairy products, processing of fruit and vegetable juice, soft drink, wholesale of bakery products, wholesale of non-alcoholic non-dairy beverages, wholesale of milk and dairy products, food from chocolate and confectionery of chocolate. Its products include White Bread, Sweet Bread, Cakes, and Others. The company has three operating segments, comprising of West area, Central area and East area. The majority of the revenue is derived from the Central area.
73GF Score

Get the complete analysis for NIPAF

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

$0.03
Price
$0.04
GF Value