Norbel Baby Co (ROCO:6844) Asset Turnover: 0.18 (As of Dec. 2025)


ROCO:6844 Norbel Baby Co Ltd ROCO:6844
65 GF Score
Price NT$62.00
GF Value NT$130.62
Valuation Possible Value Trap
! 5 Warning Signs
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What is Norbel Baby Co Asset Turnover?

Norbel Baby Co ROCO:6844 +1.14% 65 Asset Turnover is 0.18 as of Dec. 2025. GuruFocus rates ROCO:6844 with a GF Score™ of 65/100 and a GF Value™ of NT$130.62 (Possible Value Trap). The stock has 5 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. Norbel Baby Co's Revenue for the three months ended in Dec. 2025 was NT$864 Mil. Norbel Baby Co's Total Assets for the quarter that ended in Dec. 2025 was NT$4,890 Mil. Therefore, Norbel Baby Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Norbel Baby Co's annualized ROE % for the quarter that ended in Dec. 2025 was 4.27%. It is also linked to ROA % through Du Pont Formula. Norbel Baby Co's annualized ROA % for the quarter that ended in Dec. 2025 was 2.78%.


Norbel Baby Co  (ROCO:6844) Asset Turnover Explanation

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

Norbel Baby Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=135.8/3178.943
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(135.8 / 3456.512)*(3456.512 / 4889.7175)*(4889.7175/ 3178.943)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.93 %*0.7069*1.5382
=ROA %*Equity Multiplier
=2.78 %*1.5382
=4.27 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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:

Norbel Baby Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=135.8/4889.7175
=(Net Income / Revenue)*(Revenue / Total Assets)
=(135.8 / 3456.512)*(3456.512 / 4889.7175)
=Net Margin %*Asset Turnover
=3.93 %*0.7069
=2.78 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (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.


Norbel Baby Co Asset Turnover Related Terms


Norbel Baby Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Norbel Baby Co'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.

Norbel Baby Co Asset Turnover Chart

Norbel Baby Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 1.05 1.08 0.84 0.72 0.70

Norbel Baby Co Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.18 0.18 0.17 0.17 0.18

ROCO:6844 vs CASY, WSM, DKS: Asset Turnover Comparison

For the Specialty Retail subindustry, Norbel Baby Co'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.


Norbel Baby Co Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Norbel Baby Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Norbel Baby Co's Asset Turnover falls into.


ROCO:6844
65GF Score
Norbel Baby Co Ltd ROCO:6844
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norbel Baby Co Asset Turnover Calculation

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

Norbel Baby Co'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 )
=3446.197/( (4922.456+4920.508)/ 2 )
=3446.197/4921.482
=0.70

Norbel Baby Co'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: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=864.128/( (4858.927+4920.508)/ 2 )
=864.128/4889.7175
=0.18

* 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 0.18 mean?
Norbel Baby Co (ROCO:6844) has a Asset Turnover of 0.18 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Norbel Baby Co and its competitors.
Is Norbel Baby Co's Asset Turnover too high?
Norbel Baby Co's current Asset Turnover is 0.18. Overall, Norbel Baby Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Norbel Baby Co's Asset Turnover compare to CASY and WSM?
Norbel Baby Co's Asset Turnover of 0.18 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 Norbel Baby Co and its competitors. Norbel Baby Co's current Asset Turnover is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbel Baby Co stock overvalued right now?
Based on GuruFocus' analysis, Norbel Baby Co (ROCO:6844) is currently considered Possible Value Trap. The stock's GF Value™ is NT$130.62, compared to a current price of NT$62.00 — trading 52.5% below its estimated fair value. The current Asset Turnover is 0.18. Norbel Baby Co's overall GF Score™ is 65/100 with 5 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 Norbel Baby Co (ROCO:6844), the current Asset Turnover is 0.18 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 Norbel Baby Co (ROCO:6844) Overvalued in 2026?

Based on GuruFocus' analysis, Norbel Baby Co stock appears to be undervalued. The current stock price of NT$62.00 is trading 52.5% below its estimated GF Value™ of NT$130.62. GuruFocus considers Norbel Baby Co to be Possible Value Trap.

Key valuation signals for ROCO:6844:

  • Asset Turnover: 0.18
  • GF Value™: NT$130.62 vs. price of NT$62.00 (52.5% below fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the ROCO:6844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norbel Baby Co Business Description

Address 807 No. 87, Dachang 2nd Road, Sanmin District, Kaohsiung, TWN
Norbel Baby Co Ltd mainly engages in the retail and wholesale of maternity and baby care products, medical supplies, dietary supplements, and cosmetics. The company provides pharmacy services needed to care for the health and growth of infants and young children.
65GF Score

Get the complete analysis for ROCO:6844

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

NT$62.00
Price
NT$130.62
GF Value