NNRHF (Neinor Homes) Asset Turnover: 0.20 (As of Dec. 2025)


NNRHF Neinor Homes SA NNRHF
77 GF Score
Price $16.01
GF Value $13.26
! 4 Warning Signs
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What is Neinor Homes Asset Turnover?

Neinor Homes NNRHF 77 Asset Turnover is 0.20 as of Dec. 2025. GuruFocus rates NNRHF with a GF Score™ of 77/100 and a GF Value™ of $13.26. The stock has 4 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. Neinor Homes's Revenue for the six months ended in Dec. 2025 was $653.9 Mil. Neinor Homes's Total Assets for the quarter that ended in Dec. 2025 was $3,349.2 Mil. Therefore, Neinor Homes's Asset Turnover for the quarter that ended in Dec. 2025 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Neinor Homes's annualized ROE % for the quarter that ended in Dec. 2025 was 22.48%. It is also linked to ROA % through Du Pont Formula. Neinor Homes's annualized ROA % for the quarter that ended in Dec. 2025 was 8.39%.


Neinor Homes  (OTCPK:NNRHF) Asset Turnover Explanation

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

Neinor Homes's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=281.154/1250.481
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(281.154 / 1307.768)*(1307.768 / 3349.248)*(3349.248/ 1250.481)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.5 %*0.3905*2.6784
=ROA %*Equity Multiplier
=8.39 %*2.6784
=22.48 %

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

Neinor Homes's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=281.154/3349.248
=(Net Income / Revenue)*(Revenue / Total Assets)
=(281.154 / 1307.768)*(1307.768 / 3349.248)
=Net Margin %*Asset Turnover
=21.5 %*0.3905
=8.39 %

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


Neinor Homes Asset Turnover Related Terms


Neinor Homes Asset Turnover Historical Data

* Premium members only.

The historical data trend for Neinor Homes'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.

Neinor Homes Asset Turnover Chart

Neinor Homes 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 0.50 0.39 0.35 0.28 0.26

Neinor Homes Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.25 0.10 0.19 0.09 0.20

Neinor Homes Asset Turnover Competitor Comparison

For the Real Estate - Development subindustry, Neinor Homes'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.


Neinor Homes Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Neinor Homes's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Neinor Homes's Asset Turnover falls into.


NNRHF
77GF Score
Neinor Homes SA NNRHF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Neinor Homes Asset Turnover Calculation

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

Neinor Homes'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 )
=825.097/( (1806.598+4602.667)/ 2 )
=825.097/3204.6325
=0.26

Neinor Homes's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=653.884/( (2095.829+4602.667)/ 2 )
=653.884/3349.248
=0.20

* 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 0.20 mean?
Neinor Homes (NNRHF) has a Asset Turnover of 0.20 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Neinor Homes and its competitors.
Is Neinor Homes' Asset Turnover too high?
Neinor Homes' current Asset Turnover is 0.20. Overall, Neinor Homes has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Neinor Homes' Asset Turnover compare to competitors?
Neinor Homes' Asset Turnover of 0.20 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Neinor Homes and its competitors. Neinor Homes's current Asset Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neinor Homes stock overvalued right now?
Neinor Homes (NNRHF) has a current Asset Turnover of 0.20. The stock's GF Value™ is $13.26, compared to a current price of $16.01 — trading 20.7% above its estimated fair value. The current Asset Turnover is 0.20. Neinor Homes' overall GF Score™ is 77/100 with 4 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 Neinor Homes (NNRHF), the current Asset Turnover is 0.20 as of Dec. 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 Neinor Homes (NNRHF) Overvalued in 2026?

Based on GuruFocus' analysis, Neinor Homes stock appears to be overvalued. The current stock price of $16.01 is trading 20.7% above its estimated GF Value™ of $13.26.

Key valuation signals for NNRHF:

  • Asset Turnover: 0.20
  • GF Value™: $13.26 vs. price of $16.01 (20.7% above fair value)
  • GF Score™: 77/100 with 4 warning signs

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


Neinor Homes Business Description

Address Calle Henao 20, Bilbao, ESP, 48009
Neinor Homes SA is a residential property development company in Spain. The company is engaged in developing and selling property developments. Its operating segment includes Rentals, Development, Asset Management and others. The company generates maximum revenue from the Development segment.
77GF Score

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

$16.01
Price
$13.26
GF Value