Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nanoco Group's Revenue for the
six
months ended in Jan. 2026 was $10.42 Mil. Nanoco Group's Total Assets for the quarter that ended in Jan. 2026 was $28.16 Mil. Therefore, Nanoco Group's Asset Turnover for the quarter that ended in Jan. 2026 was 0.37.
Asset Turnover is linked to ROE % through Du Pont Formula. Nanoco Group's annualizedROE % for the quarter that ended in Jan. 2026 was -24.63%. It is also linked to ROA % through Du Pont Formula. Nanoco Group's annualizedROA % for the quarter that ended in Jan. 2026 was 21.68%.
Nanoco Group (OTCPK:NNOCF) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Nanoco Group'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:
Nanoco Group'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.
Nanoco Group Asset Turnover Related Terms
Nanoco Group Asset Turnover Historical Data
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The historical data trend for Nanoco 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.
NNOCF vs AMAT, LRCX, KLAC: Asset Turnover Comparison
For the Semiconductor Equipment & Materials subindustry, Nanoco 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.
Nanoco Group Asset Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Nanoco Group's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Nanoco Group'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.
Nanoco Group (NNOCF) has a Asset Turnover of 0.37 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nanoco Group and its competitors.
Is Nanoco Group's Asset Turnover too high?
Nanoco Group's current Asset Turnover is 0.37.
How does Nanoco Group's Asset Turnover compare to AMAT and LRCX?
Nanoco Group's Asset Turnover of 0.37 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Asset Turnover depends on the Semiconductors 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 Nanoco Group and its competitors. Nanoco Group's current Asset Turnover is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanoco Group stock overvalued right now?
Based on GuruFocus' analysis, Nanoco Group (NNOCF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.36, compared to a current price of $0.04 — trading 89.4% below its estimated fair value. The current Asset Turnover is 0.37. 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 Nanoco Group (NNOCF), the current Asset Turnover is 0.37 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.
Nanoco Group PLC is a UK-based company which is engaged in research, development, and manufacturing of heavy-metal-free quantum dots and semiconductor nanoparticles. Its products include CFQD quantum dots, Heatwave quantum dots, and nanoparticles which offer the potential for display, lighting, solar and biological imaging applications. The company's revenue comes from joint development agreements, individual project development programs and the sale of quantum dot products. Geographically, the company generates majority of its revenue from its business in South Korea and also has its presence in Taiwan, France, United States, United Kingdom, Japan and other countries.
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