Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. New Zealand Energy's Revenue for the
three
months ended in Sep. 2025 was $0.33 Mil. New Zealand Energy's Total Assets for the quarter that ended in Sep. 2025 was $12.57 Mil. Therefore, New Zealand Energy's Asset Turnover for the quarter that ended in Sep. 2025 was 0.03.
Asset Turnover is linked to ROE % through Du Pont Formula. New Zealand Energy's annualizedROE % for the quarter that ended in Sep. 2025 was 89.81%. It is also linked to ROA % through Du Pont Formula. New Zealand Energy's annualizedROA % for the quarter that ended in Sep. 2025 was 18.56%.
New Zealand Energy (OTCPK:NZERF) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
New Zealand Energy's annulizedROE % for the quarter that ended in Sep. 2025 is
Note:
The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 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:
New Zealand Energy's annulizedROA % for the quarter that ended in Sep. 2025 is
Note:
The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 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.
New Zealand Energy Asset Turnover Related Terms
New Zealand Energy Asset Turnover Historical Data
* Premium members only.
The historical data trend for New Zealand Energy'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.
NZERF vs COP, EOG, FANG: Asset Turnover Comparison
For the Oil & Gas E&P subindustry, New Zealand Energy'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.
New Zealand Energy Asset Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, New Zealand Energy's Asset Turnover distribution charts can be found below:
* The bar in red indicates where New Zealand Energy'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.
New Zealand Energy (NZERF) has a Asset Turnover of 0.03 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on New Zealand Energy and its competitors.
Is New Zealand Energy's Asset Turnover too high?
New Zealand Energy's current Asset Turnover is 0.03. Overall, New Zealand Energy has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Zealand Energy's Asset Turnover compare to COP and EOG?
New Zealand Energy's Asset Turnover of 0.03 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas 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 New Zealand Energy and its competitors. New Zealand Energy's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Zealand Energy stock overvalued right now?
Based on GuruFocus' analysis, New Zealand Energy (NZERF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.28 — trading 461.2% above its estimated fair value. The current Asset Turnover is 0.03. New Zealand Energy's overall GF Score™ is 29/100 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 New Zealand Energy (NZERF), the current Asset Turnover is 0.03 as of Sep. 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 New Zealand Energy (NZERF) Overvalued in 2026?
Based on GuruFocus' analysis, New Zealand Energy stock appears to be overvalued.
The current stock price of $0.28 is trading 461.2% above its estimated GF Value™ of $0.05.
GuruFocus considers New Zealand Energy to be Significantly Overvalued.
Key valuation signals for NZERF:
Asset Turnover: 0.03
GF Value™: $0.05 vs. price of $0.28 (461.2% above fair value)
No single metric tells the full story. See the NZERF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Zealand Energy Corp is engaged in the exploration and production of oil and natural gas, as well as the operation of midstream assets. The company conducts its business as a single operating segment being the acquisition, exploration, development, and production of conventional oil and natural gas resources. Geographically, it operates through the region of New Zealand. It generates a majority of its revenues from Oil sales.
29GF Score
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