NXP (Nuveen Select Tax Freeome Portfolio) Asset Turnover: 0.01 (As of Mar. 2026)


NXP Nuveen Select Tax Free Income Portfolio NXP
49 GF Score
Price $14.29
GF Value $16.68
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Nuveen Select Tax Freeome Portfolio Asset Turnover?

Nuveen Select Tax Freeome Portfolio NXP +0.35% 49 Asset Turnover is 0.01 as of Mar. 2026. GuruFocus rates NXP with a GF Score™ of 49/100 and a GF Value™ of $16.68 (Modestly Undervalued). 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. Nuveen Select Tax Freeome Portfolio's Revenue for the six months ended in Mar. 2026 was $10.52 Mil. Nuveen Select Tax Freeome Portfolio's Total Assets for the quarter that ended in Mar. 2026 was $853.45 Mil. Therefore, Nuveen Select Tax Freeome Portfolio's Asset Turnover for the quarter that ended in Mar. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Nuveen Select Tax Freeome Portfolio's annualized ROE % for the quarter that ended in Mar. 2026 was 2.54%. It is also linked to ROA % through Du Pont Formula. Nuveen Select Tax Freeome Portfolio's annualized ROA % for the quarter that ended in Mar. 2026 was 2.42%.


Nuveen Select Tax Freeome Portfolio  (NYSE:NXP) Asset Turnover Explanation

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

Nuveen Select Tax Freeome Portfolio's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=20.674/815.3425
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(20.674 / 21.034)*(21.034 / 853.447)*(853.447/ 815.3425)
=Net Margin %*Asset Turnover*Equity Multiplier
=98.29 %*0.0246*1.0467
=ROA %*Equity Multiplier
=2.42 %*1.0467
=2.54 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

Nuveen Select Tax Freeome Portfolio's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=20.674/853.447
=(Net Income / Revenue)*(Revenue / Total Assets)
=(20.674 / 21.034)*(21.034 / 853.447)
=Net Margin %*Asset Turnover
=98.29 %*0.0246
=2.42 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Nuveen Select Tax Freeome Portfolio Asset Turnover Related Terms


Nuveen Select Tax Freeome Portfolio Asset Turnover Historical Data

* Premium members only.

The historical data trend for Nuveen Select Tax Freeome Portfolio'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.

Nuveen Select Tax Freeome Portfolio Asset Turnover Chart

Nuveen Select Tax Freeome Portfolio Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only -0.09 0.00 0.05 0.01 0.04

Nuveen Select Tax Freeome Portfolio Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.08 0.03 -0.01 0.03 0.01

NXP vs NIE, RMT, CGBD: Asset Turnover Comparison

For the Asset Management subindustry, Nuveen Select Tax Freeome Portfolio'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.


Nuveen Select Tax Freeome Portfolio Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Select Tax Freeome Portfolio's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nuveen Select Tax Freeome Portfolio's Asset Turnover falls into.


NXP
49GF Score
Nuveen Select Tax Free Income Portfolio NXP
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Select Tax Freeome Portfolio Asset Turnover Calculation

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

Nuveen Select Tax Freeome Portfolio's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=29.544/( (755.135+931.522)/ 2 )
=29.544/843.3285
=0.04

Nuveen Select Tax Freeome Portfolio'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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=10.517/( (775.372+931.522)/ 2 )
=10.517/853.447
=0.01

* 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 0.01 mean?
Nuveen Select Tax Freeome Portfolio (NXP) has a Asset Turnover of 0.01 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nuveen Select Tax Freeome Portfolio and its competitors.
Is Nuveen Select Tax Freeome Portfolio's Asset Turnover too high?
Nuveen Select Tax Freeome Portfolio's current Asset Turnover is 0.01. Overall, Nuveen Select Tax Freeome Portfolio has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen Select Tax Freeome Portfolio's Asset Turnover compare to NIE and RMT?
Nuveen Select Tax Freeome Portfolio's Asset Turnover of 0.01 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 Nuveen Select Tax Freeome Portfolio and its competitors. Nuveen Select Tax Freeome Portfolio's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Select Tax Freeome Portfolio stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Select Tax Freeome Portfolio (NXP) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.68, compared to a current price of $14.29 — trading 14.3% below its estimated fair value. The current Asset Turnover is 0.01. Nuveen Select Tax Freeome Portfolio's overall GF Score™ is 49/100 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 Nuveen Select Tax Freeome Portfolio (NXP), the current Asset Turnover is 0.01 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 Nuveen Select Tax Freeome Portfolio (NXP) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Select Tax Freeome Portfolio stock appears to be undervalued. The current stock price of $14.29 is trading 14.3% below its estimated GF Value™ of $16.68. GuruFocus considers Nuveen Select Tax Freeome Portfolio to be Modestly Undervalued.

Key valuation signals for NXP:

  • Asset Turnover: 0.01
  • GF Value™: $16.68 vs. price of $14.29 (14.3% below fair value)
  • GF Score™: 49/100 with 2 warning signs

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


Nuveen Select Tax Freeome Portfolio Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Select Tax Free Income Portfolio is a closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax, consistent with preservation of capital. The fund has single operating segment.
49GF Score

Get the complete analysis for NXP

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

$14.29
Price
$16.68
GF Value