NML (Neuberger Berman Energy Infrastructure &ome Fund) Asset Turnover: 0.05 (As of Nov. 2025)

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NML Neuberger Berman Energy Infrastructure & Income Fund Inc NML
31 GF Score
Price $10.72
GF Value $0.50
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Neuberger Berman Energy Infrastructure &ome Fund Asset Turnover?

Neuberger Berman Energy Infrastructure &ome Fund NML +0.19% 31 Asset Turnover is 0.05 as of Nov. 2025. GuruFocus rates NML with a GF Score™ of 31/100 and a GF Value™ of $0.50 (Significantly Overvalued). The stock has 10 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. Neuberger Berman Energy Infrastructure &ome Fund's Revenue for the six months ended in Nov. 2025 was $35.45 Mil. Neuberger Berman Energy Infrastructure &ome Fund's Total Assets for the quarter that ended in Nov. 2025 was $713.06 Mil. Therefore, Neuberger Berman Energy Infrastructure &ome Fund's Asset Turnover for the quarter that ended in Nov. 2025 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Neuberger Berman Energy Infrastructure &ome Fund's annualized ROE % for the quarter that ended in Nov. 2025 was 12.48%. It is also linked to ROA % through Du Pont Formula. Neuberger Berman Energy Infrastructure &ome Fund's annualized ROA % for the quarter that ended in Nov. 2025 was 9.51%.


Neuberger Berman Energy Infrastructure &ome Fund  (AMEX:NML) Asset Turnover Explanation

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

Neuberger Berman Energy Infrastructure &ome Fund's annulized ROE % for the quarter that ended in Nov. 2025 is

ROE %**(Q: Nov. 2025 )
=Net Income/Total Stockholders Equity
=67.806/543.441
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(67.806 / 70.908)*(70.908 / 713.0635)*(713.0635/ 543.441)
=Net Margin %*Asset Turnover*Equity Multiplier
=95.63 %*0.0994*1.3121
=ROA %*Equity Multiplier
=9.51 %*1.3121
=12.48 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 2025) 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:

Neuberger Berman Energy Infrastructure &ome Fund's annulized ROA % for the quarter that ended in Nov. 2025 is

ROA %(Q: Nov. 2025 )
=Net Income/Total Assets
=67.806/713.0635
=(Net Income / Revenue)*(Revenue / Total Assets)
=(67.806 / 70.908)*(70.908 / 713.0635)
=Net Margin %*Asset Turnover
=95.63 %*0.0994
=9.51 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 2025) 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.


Neuberger Berman Energy Infrastructure &ome Fund Asset Turnover Related Terms


Neuberger Berman Energy Infrastructure &ome Fund Asset Turnover Historical Data

* Premium members only.

The historical data trend for Neuberger Berman Energy Infrastructure &ome Fund'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.

Neuberger Berman Energy Infrastructure &ome Fund Asset Turnover Chart

Neuberger Berman Energy Infrastructure &ome Fund Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.30 0.00 0.27 0.01

Neuberger Berman Energy Infrastructure &ome Fund Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.11 0.12 0.15 -0.04 0.05

NML vs VKQ, CHW, ETJ: Asset Turnover Comparison

For the Asset Management subindustry, Neuberger Berman Energy Infrastructure &ome 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.


Neuberger Berman Energy Infrastructure &ome Fund Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman Energy Infrastructure &ome Fund's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Neuberger Berman Energy Infrastructure &ome Fund's Asset Turnover falls into.


NML
31GF Score
Neuberger Berman Energy Infrastructure & Income Fund Inc NML
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Neuberger Berman Energy Infrastructure &ome Fund Asset Turnover Calculation

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

Neuberger Berman Energy Infrastructure &ome Fund's Asset Turnover for the fiscal year that ended in Nov. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2025 )/( (Total Assets (A: Nov. 2024 )+Total Assets (A: Nov. 2025 ))/ count )
=10.242/( (746.109+726.073)/ 2 )
=10.242/736.091
=0.01

Neuberger Berman Energy Infrastructure &ome Fund's Asset Turnover for the quarter that ended in Nov. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2025 )/( (Total Assets (Q: May. 2025 )+Total Assets (Q: Nov. 2025 ))/ count )
=35.454/( (700.054+726.073)/ 2 )
=35.454/713.0635
=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?
Neuberger Berman Energy Infrastructure &ome Fund (NML) has a Asset Turnover of 0.05 as of Nov. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Neuberger Berman Energy Infrastructure &ome Fund and its competitors.
Is Neuberger Berman Energy Infrastructure &ome Fund's Asset Turnover too high?
Neuberger Berman Energy Infrastructure &ome Fund's current Asset Turnover is 0.05. Overall, Neuberger Berman Energy Infrastructure &ome Fund has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neuberger Berman Energy Infrastructure &ome Fund's Asset Turnover compare to VKQ and CHW?
Neuberger Berman Energy Infrastructure &ome Fund's Asset Turnover of 0.05 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 Neuberger Berman Energy Infrastructure &ome Fund and its competitors. Neuberger Berman Energy Infrastructure &ome Fund'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 Neuberger Berman Energy Infrastructure &ome Fund stock overvalued right now?
Based on GuruFocus' analysis, Neuberger Berman Energy Infrastructure &ome Fund (NML) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.50, compared to a current price of $10.72 — trading 2044% above its estimated fair value. The current Asset Turnover is 0.05. Neuberger Berman Energy Infrastructure &ome Fund's overall GF Score™ is 31/100 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 Neuberger Berman Energy Infrastructure &ome Fund (NML), the current Asset Turnover is 0.05 as of Nov. 2025. 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 Neuberger Berman Energy Infrastructure &ome Fund (NML) Overvalued in 2026?

Based on GuruFocus' analysis, Neuberger Berman Energy Infrastructure &ome Fund stock appears to be overvalued. The current stock price of $10.72 is trading 2044% above its estimated GF Value™ of $0.50. GuruFocus considers Neuberger Berman Energy Infrastructure &ome Fund to be Significantly Overvalued.

Key valuation signals for NML:

  • Asset Turnover: 0.05
  • GF Value™: $0.50 vs. price of $10.72 (2044% above fair value)
  • GF Score™: 31/100 with 10 warning signs

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


Neuberger Berman Energy Infrastructure &ome Fund Business Description

Address C/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman Energy Infrastructure & Income Fund Inc is a closed-end investment management company based in the United States. Invest in Capital Markets, Chemicals, Oil, Gas & Consumable Fuels, Electric Utilities, Independent Power and Renewable Electricity Producers, Multi Utilities. Maximum is done in Oil, Gas & Consumable Fuels.
31GF Score

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

$10.72
Price
$0.50
GF Value