Nippon Grande Co (SSE:2976) Asset Turnover: 0.25 (As of Mar. 2026)


SSE:2976 Nippon Grande Co Ltd SSE:2976
19 GF Score
Price 円663.00
! 4 Warning Signs
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What is Nippon Grande Co Asset Turnover?

Nippon Grande Co SSE:2976 19 Asset Turnover is 0.25 as of Mar. 2026. GuruFocus rates SSE:2976 with a GF Score™ of 19/100. 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. Nippon Grande Co's Revenue for the six months ended in Mar. 2026 was 円1,304 Mil. Nippon Grande Co's Total Assets for the quarter that ended in Mar. 2026 was 円5,297 Mil. Therefore, Nippon Grande Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Nippon Grande Co's annualized ROE % for the quarter that ended in Mar. 2026 was -0.08%. It is also linked to ROA % through Du Pont Formula. Nippon Grande Co's annualized ROA % for the quarter that ended in Mar. 2026 was -0.03%.

Nippon Grande Co  (SSE:2976) Asset Turnover Explanation

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

Nippon Grande Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-1.556/2009.372
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.556 / 2608.992)*(2608.992 / 5297.053)*(5297.053/ 2009.372)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.06 %*0.4925*2.6362
=ROA %*Equity Multiplier
=-0.03 %*2.6362
=-0.08 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

Nippon Grande Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-1.556/5297.053
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.556 / 2608.992)*(2608.992 / 5297.053)
=Net Margin %*Asset Turnover
=-0.06 %*0.4925
=-0.03 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.

Nippon Grande Co Asset Turnover Related Terms

Nippon Grande Co Asset Turnover Historical Data

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The historical data trend for Nippon Grande 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.

Nippon Grande Co Asset Turnover Chart

Nippon Grande Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.55 0.51 0.43 0.70

Nippon Grande Co Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.42 0.21 0.24 0.41 0.25

SSE:2976 vs CBRE, BEKE, JLL: Asset Turnover Comparison

For the Real Estate Services subindustry, Nippon Grande 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.

Nippon Grande Co Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nippon Grande Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nippon Grande Co's Asset Turnover falls into.


SSE:2976
19GF Score
Nippon Grande Co Ltd SSE:2976
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Grande Co Asset Turnover Calculation

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

Nippon Grande Co's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=3655.302/( (5690.409+4823.516)/ 2 )
=3655.302/5256.9625
=0.70

Nippon Grande Co's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1304.496/( (5770.59+4823.516)/ 2 )
=1304.496/5297.053
=0.25

* 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 0.25 mean?
Nippon Grande Co (SSE:2976) has a Asset Turnover of 0.25 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nippon Grande Co and its competitors.
Is Nippon Grande Co's Asset Turnover too high?
Nippon Grande Co's current Asset Turnover is 0.25. Overall, Nippon Grande Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Grande Co's Asset Turnover compare to CBRE and BEKE?
Nippon Grande Co's Asset Turnover of 0.25 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Nippon Grande Co and its competitors. Nippon Grande Co's current Asset Turnover is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Grande Co stock overvalued right now?
Nippon Grande Co (SSE:2976) has a current Asset Turnover of 0.25. The current Asset Turnover is 0.25. Nippon Grande Co's overall GF Score™ is 19/100 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 Nippon Grande Co (SSE:2976), the current Asset Turnover is 0.25 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.

Nippon Grande Co Business Description

Address 1-1-1 Odori Nishi 5-chome, Chuo-ku, Sapporo City, JPN
Nippon Grande Co Ltd is a Japanese company that provides real estate-based services. It offers real estate sales, real estate leasing, and other services. Its reportable business segments are Real estate sales, Real estate rental, and Real estate-related.
19GF Score

Get the complete analysis for SSE:2976

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

円663.00
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