Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nordnet AB (publ)'s Revenue for the
three
months ended in Mar. 2026 was kr1,499 Mil. Nordnet AB (publ)'s Total Assets for the quarter that ended in Mar. 2026 was kr316,743 Mil. Therefore, Nordnet AB (publ)'s Asset Turnover for the quarter that ended in Mar. 2026 was 0.01.
Asset Turnover is linked to ROE % through Du Pont Formula. Nordnet AB (publ)'s annualizedROE % for the quarter that ended in Mar. 2026 was 38.25%. It is also linked to ROA % through Du Pont Formula. Nordnet AB (publ)'s annualizedROA % for the quarter that ended in Mar. 2026 was 1.06%.
Nordnet AB (publ) (OSTO:SAVE) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Nordnet AB (publ)'s annulizedROE % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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:
Nordnet AB (publ)'s annulizedROA % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
Nordnet AB (publ) Asset Turnover Related Terms
Nordnet AB (publ) Asset Turnover Historical Data
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The historical data trend for Nordnet AB (publ)'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.
OSTO:SAVE vs MS, GS, SCHW: Asset Turnover Comparison
For the Capital Markets subindustry, Nordnet AB (publ)'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.
Nordnet AB (publ) Asset Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nordnet AB (publ)'s Asset Turnover distribution charts can be found below:
* The bar in red indicates where Nordnet AB (publ)'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.
Nordnet AB (publ) (OSTO:SAVE) 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 Nordnet AB (publ) and its competitors.
Is Nordnet AB (publ)'s Asset Turnover too high?
Nordnet AB (publ)'s current Asset Turnover is 0.01. Overall, Nordnet AB (publ) has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordnet AB (publ)'s Asset Turnover compare to MS and GS?
Nordnet AB (publ)'s Asset Turnover of 0.01 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Asset Turnover depends on the Capital Markets 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 Nordnet AB (publ) and its competitors. Nordnet AB (publ)'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 Nordnet AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, Nordnet AB (publ) (OSTO:SAVE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr271.56, compared to a current price of kr368.00 — trading 35.5% above its estimated fair value. The current Asset Turnover is 0.01. Nordnet AB (publ)'s overall GF Score™ is 77/100 with 6 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 Nordnet AB (publ) (OSTO:SAVE), 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 Nordnet AB (publ) (OSTO:SAVE) Overvalued in 2026?
Based on GuruFocus' analysis, Nordnet AB (publ) stock appears to be overvalued.
The current stock price of kr368.00 is trading 35.5% above its estimated GF Value™ of kr271.56.
GuruFocus considers Nordnet AB (publ) to be Significantly Overvalued.
Key valuation signals for OSTO:SAVE:
Asset Turnover: 0.01
GF Value™: kr271.56 vs. price of kr368.00 (35.5% above fair value)
No single metric tells the full story. See the OSTO:SAVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordnet AB (publ) offers financial services and products, in savings and investments in its home markets of Sweden, Norway, Denmark, and Finland. Its products include savings and investments, pension, and loans. Its operating segments are Sweden, Norway, Denmark, and Finland of which Sweden derives the majority of the revenue.
77GF Score
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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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