NPC (TSE:6255) Asset Turnover: 0.06 (As of Feb. 2026)


TSE:6255 NPC Inc TSE:6255
94 GF Score
Price 円747.00
GF Value 円643.97
Valuation Modestly Overvalued
! 2 Warning Signs
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What is NPC Asset Turnover?

NPC TSE:6255 +1.91% 94 Asset Turnover is 0.06 as of Feb. 2026. GuruFocus rates TSE:6255 with a GF Score™ of 94/100 and a GF Value™ of 円643.97 (Modestly Overvalued). The stock has 2 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. NPC's Revenue for the three months ended in Feb. 2026 was 円756 Mil. NPC's Total Assets for the quarter that ended in Feb. 2026 was 円13,042 Mil. Therefore, NPC's Asset Turnover for the quarter that ended in Feb. 2026 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. NPC's annualized ROE % for the quarter that ended in Feb. 2026 was 3.57%. It is also linked to ROA % through Du Pont Formula. NPC's annualized ROA % for the quarter that ended in Feb. 2026 was 2.77%.


NPC  (TSE:6255) Asset Turnover Explanation

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

NPC's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=361.884/10150.63
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(361.884 / 3023.216)*(3023.216 / 13042.3855)*(13042.3855/ 10150.63)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.97 %*0.2318*1.2849
=ROA %*Equity Multiplier
=2.77 %*1.2849
=3.57 %

Note: The Net Income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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:

NPC's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=361.884/13042.3855
=(Net Income / Revenue)*(Revenue / Total Assets)
=(361.884 / 3023.216)*(3023.216 / 13042.3855)
=Net Margin %*Asset Turnover
=11.97 %*0.2318
=2.77 %

Note: The Net Income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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.


NPC Asset Turnover Related Terms


NPC Asset Turnover Historical Data

* Premium members only.

The historical data trend for NPC'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.

NPC Asset Turnover Chart

NPC Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.39 0.72 0.74 0.65

NPC Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.11 0.07 0.38 0.03 0.06

TSE:6255 vs GEV, ETN, PH: Asset Turnover Comparison

For the Specialty Industrial Machinery subindustry, NPC'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.


NPC Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NPC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where NPC's Asset Turnover falls into.


TSE:6255
94GF Score
NPC Inc TSE:6255
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NPC Asset Turnover Calculation

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

NPC's Asset Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2025 )/( (Total Assets (A: Aug. 2024 )+Total Assets (A: Aug. 2025 ))/ count )
=9272.037/( (15436.013+12911.537)/ 2 )
=9272.037/14173.775
=0.65

NPC's Asset Turnover for the quarter that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Nov. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=755.804/( (13364.292+12720.479)/ 2 )
=755.804/13042.3855
=0.06

* 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 0.06 mean?
NPC (TSE:6255) has a Asset Turnover of 0.06 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on NPC and its competitors.
Is NPC's Asset Turnover too high?
NPC's current Asset Turnover is 0.06. Overall, NPC has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NPC's Asset Turnover compare to GEV and ETN?
NPC's Asset Turnover of 0.06 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 NPC and its competitors. NPC's current Asset Turnover is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NPC stock overvalued right now?
Based on GuruFocus' analysis, NPC (TSE:6255) is currently considered Modestly Overvalued. The stock's GF Value™ is 円643.97, compared to a current price of 円747.00 — trading 16% above its estimated fair value. The current Asset Turnover is 0.06. NPC's overall GF Score™ is 94/100 with 2 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 NPC (TSE:6255), the current Asset Turnover is 0.06 as of Feb. 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 NPC (TSE:6255) Overvalued in 2026?

Based on GuruFocus' analysis, NPC stock appears to be overvalued. The current stock price of 円747.00 is trading 16% above its estimated GF Value™ of 円643.97. GuruFocus considers NPC to be Modestly Overvalued.

Key valuation signals for TSE:6255:

  • Asset Turnover: 0.06
  • GF Value™: 円643.97 vs. price of 円747.00 (16% above fair value)
  • GF Score™: 94/100 with 2 warning signs

No single metric tells the full story. See the TSE:6255 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NPC Business Description

Other Exchanges 59N:Germany
Address 1-7-15 Higashi-ueno, Taito-ku, Tokyo, JPN, 110-0015
NPC Inc is a Japan-based company primarily engaged in the photovoltaic manufacturing equipment business. The products offered by the company include photovoltaic module manufacturing equipment such as cell tester, tabbing and stringing machine, layup machine, module laminator, module tester, laser inspection machine and other machines. It also offers comprehensive service for equipment for reuse. In addition, the group offers sealing and other vacuum packing machines to the users in various industries. It provides contract assembly service for PV modules by utilizing its own module manufacturing assembly line.
94GF Score

Get the complete analysis for TSE:6255

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

円747.00
Price
円643.97
GF Value