Newcap Holding AS (OCSE:NEWCAP) Asset Turnover: 0.58 (As of Dec. 2025)


OCSE:NEWCAP Newcap Holding AS OCSE:NEWCAP
46 GF Score
Price kr404.00
GF Value kr7,347.47
Valuation Significantly Undervalued
View Full Analysis

What is Newcap Holding AS Asset Turnover?

Newcap Holding AS OCSE:NEWCAP +1.64% 46 Asset Turnover is 0.58 as of Dec. 2025. GuruFocus rates OCSE:NEWCAP with a GF Score™ of 46/100 and a GF Value™ of kr7,347.47 (Significantly Undervalued).

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Newcap Holding AS's Revenue for the six months ended in Dec. 2025 was kr11.74 Mil. Newcap Holding AS's Total Assets for the quarter that ended in Dec. 2025 was kr20.27 Mil. Therefore, Newcap Holding AS's Asset Turnover for the quarter that ended in Dec. 2025 was 0.58.

Asset Turnover is linked to ROE % through Du Pont Formula. Newcap Holding AS's annualized ROE % for the quarter that ended in Dec. 2025 was 72.88%. It is also linked to ROA % through Du Pont Formula. Newcap Holding AS's annualized ROA % for the quarter that ended in Dec. 2025 was 64.86%.


Newcap Holding AS  (OCSE:NEWCAP) Asset Turnover Explanation

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

Newcap Holding AS's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=13.148/18.0395
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13.148 / 23.482)*(23.482 / 20.2715)*(20.2715/ 18.0395)
=Net Margin %*Asset Turnover*Equity Multiplier
=55.99 %*1.1584*1.1237
=ROA %*Equity Multiplier
=64.86 %*1.1237
=72.88 %

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:

Newcap Holding AS's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=13.148/20.2715
=(Net Income / Revenue)*(Revenue / Total Assets)
=(13.148 / 23.482)*(23.482 / 20.2715)
=Net Margin %*Asset Turnover
=55.99 %*1.1584
=64.86 %

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.


Newcap Holding AS Asset Turnover Related Terms


Newcap Holding AS Asset Turnover Historical Data

* Premium members only.

The historical data trend for Newcap Holding AS'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.

Newcap Holding AS Asset Turnover Chart

Newcap Holding AS 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 -0.00 0.00 0.00 0.64 0.70

Newcap Holding AS 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 0.01 0.01 0.62 0.06 0.58

OCSE:NEWCAP vs BLK, BX, KKR: Asset Turnover Comparison

For the Asset Management subindustry, Newcap Holding AS'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.


Newcap Holding AS Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Newcap Holding AS's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Newcap Holding AS's Asset Turnover falls into.


OCSE:NEWCAP
46GF Score
Newcap Holding AS OCSE:NEWCAP
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Newcap Holding AS Asset Turnover Calculation

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

Newcap Holding AS'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 )
=12.374/( (7.253+28.13)/ 2 )
=12.374/17.6915
=0.70

Newcap Holding AS'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 )
=11.741/( (12.413+28.13)/ 2 )
=11.741/20.2715
=0.58

* 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 0.58 mean?
Newcap Holding AS (OCSE:NEWCAP) has a Asset Turnover of 0.58 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Newcap Holding AS and its competitors.
Is Newcap Holding AS's Asset Turnover too high?
Newcap Holding AS's current Asset Turnover is 0.58. Overall, Newcap Holding AS has a GF Score™ of 46/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Newcap Holding AS's Asset Turnover compare to BLK and BX?
Newcap Holding AS's Asset Turnover of 0.58 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 Newcap Holding AS and its competitors. Newcap Holding AS's current Asset Turnover is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newcap Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Newcap Holding AS (OCSE:NEWCAP) is currently considered Significantly Undervalued. The stock's GF Value™ is kr7,347.47, compared to a current price of kr404.00 — trading 94.5% below its estimated fair value. The current Asset Turnover is 0.58. Newcap Holding AS's overall GF Score™ is 46/100. 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 Newcap Holding AS (OCSE:NEWCAP), the current Asset Turnover is 0.58 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 Newcap Holding AS (OCSE:NEWCAP) Overvalued in 2026?

Based on GuruFocus' analysis, Newcap Holding AS stock appears to be undervalued. The current stock price of kr404.00 is trading 94.5% below its estimated GF Value™ of kr7,347.47. GuruFocus considers Newcap Holding AS to be Significantly Undervalued.

Key valuation signals for OCSE:NEWCAP:

  • Asset Turnover: 0.58
  • GF Value™: kr7,347.47 vs. price of kr404.00 (94.5% below fair value)
  • GF Score™: 46/100

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


Newcap Holding AS Business Description

Address Oslo Plads 2, Kobenhavn, DNK, 2100
Newcap Holding AS through its subsidiaries is engaged in the financial sector. The company's activities are divided into three business areas, Private Financial Services, Broker Services and Asset Management. It provides asset management, savings and insurance services in Sweden.
46GF Score

Get the complete analysis for OCSE:NEWCAP

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

kr404.00
Price
kr7,347.47
GF Value