Hallenstein Glassons Holdings (NZSE:HLG) Asset Turnover: 1.15 (As of Jan. 2026)


NZSE:HLG Hallenstein Glassons Holdings Ltd NZSE:HLG
94 GF Score
Price NZ$10.20
GF Value NZ$8.37
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Hallenstein Glassons Holdings Asset Turnover?

Hallenstein Glassons Holdings NZSE:HLG 94 Asset Turnover is 1.15 as of Jan. 2026. GuruFocus rates NZSE:HLG with a GF Score™ of 94/100 and a GF Value™ of NZ$8.37 (Modestly Overvalued). 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. Hallenstein Glassons Holdings's Revenue for the six months ended in Jan. 2026 was NZ$275.2 Mil. Hallenstein Glassons Holdings's Total Assets for the quarter that ended in Jan. 2026 was NZ$240.1 Mil. Therefore, Hallenstein Glassons Holdings's Asset Turnover for the quarter that ended in Jan. 2026 was 1.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Hallenstein Glassons Holdings's annualized ROE % for the quarter that ended in Jan. 2026 was 47.99%. It is also linked to ROA % through Du Pont Formula. Hallenstein Glassons Holdings's annualized ROA % for the quarter that ended in Jan. 2026 was 23.33%.


Hallenstein Glassons Holdings  (NZSE:HLG) Asset Turnover Explanation

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

Hallenstein Glassons Holdings's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=56.014/116.7185
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(56.014 / 550.39)*(550.39 / 240.06)*(240.06/ 116.7185)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.18 %*2.2927*2.0567
=ROA %*Equity Multiplier
=23.33 %*2.0567
=47.99 %

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:

Hallenstein Glassons Holdings's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=56.014/240.06
=(Net Income / Revenue)*(Revenue / Total Assets)
=(56.014 / 550.39)*(550.39 / 240.06)
=Net Margin %*Asset Turnover
=10.18 %*2.2927
=23.33 %

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.


Hallenstein Glassons Holdings Asset Turnover Related Terms


Hallenstein Glassons Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Hallenstein Glassons Holdings'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.

Hallenstein Glassons Holdings Asset Turnover Chart

Hallenstein Glassons Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 1.74 2.01 2.07 2.09

Hallenstein Glassons Holdings Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 1.08 0.99 1.09 1.02 1.15

NZSE:HLG vs TJX, ROST, BURL: Asset Turnover Comparison

For the Apparel Retail subindustry, Hallenstein Glassons Holdings'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.


Hallenstein Glassons Holdings Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hallenstein Glassons Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hallenstein Glassons Holdings's Asset Turnover falls into.


NZSE:HLG
94GF Score
Hallenstein Glassons Holdings Ltd NZSE:HLG
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hallenstein Glassons Holdings Asset Turnover Calculation

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

Hallenstein Glassons Holdings's Asset Turnover for the fiscal year that ended in Jul. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2025 )/( (Total Assets (A: Jul. 2024 )+Total Assets (A: Jul. 2025 ))/ count )
=470.74/( (219.015+231.216)/ 2 )
=470.74/225.1155
=2.09

Hallenstein Glassons Holdings's Asset Turnover for the quarter that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Jul. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=275.195/( (231.216+248.904)/ 2 )
=275.195/240.06
=1.15

* 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 1.15 mean?
Hallenstein Glassons Holdings (NZSE:HLG) has a Asset Turnover of 1.15 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hallenstein Glassons Holdings and its competitors.
Is Hallenstein Glassons Holdings' Asset Turnover too high?
Hallenstein Glassons Holdings' current Asset Turnover is 1.15. Overall, Hallenstein Glassons Holdings has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hallenstein Glassons Holdings' Asset Turnover compare to TJX and ROST?
Hallenstein Glassons Holdings' Asset Turnover of 1.15 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical 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 Hallenstein Glassons Holdings and its competitors. Hallenstein Glassons Holdings's current Asset Turnover is 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hallenstein Glassons Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hallenstein Glassons Holdings (NZSE:HLG) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$8.37, compared to a current price of NZ$10.20 — trading 21.9% above its estimated fair value. The current Asset Turnover is 1.15. Hallenstein Glassons Holdings' overall GF Score™ is 94/100 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 Hallenstein Glassons Holdings (NZSE:HLG), the current Asset Turnover is 1.15 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.

Is Hallenstein Glassons Holdings (NZSE:HLG) Overvalued in 2026?

Based on GuruFocus' analysis, Hallenstein Glassons Holdings stock appears to be overvalued. The current stock price of NZ$10.20 is trading 21.9% above its estimated GF Value™ of NZ$8.37. GuruFocus considers Hallenstein Glassons Holdings to be Modestly Overvalued.

Key valuation signals for NZSE:HLG:

  • Asset Turnover: 1.15
  • GF Value™: NZ$8.37 vs. price of NZ$10.20 (21.9% above fair value)
  • GF Score™: 94/100 with 4 warning signs

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


Hallenstein Glassons Holdings Business Description

Address 235 - 237 Broadway, P.O. Box 91148, Level 3, Newmarket, Newmarket, Auckland, NZL, 1023
Hallenstein Glassons Holdings Ltd along with its subsidiaries is engaged in retailing men's and women's apparel. Its operating segment includes Glassons New Zealand; Glassons Australia; Hallenstein; Property and others. The company generates maximum revenue from the Glassons New Zealand segment.
94GF Score

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

NZ$10.20
Price
NZ$8.37
GF Value