Nakano Refrigerators Co (TSE:6411) Asset Turnover: 0.43 (As of Jun. 2025)

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TSE:6411 Nakano Refrigerators Co Ltd TSE:6411
18 GF Score
Price 円7,860.00
GF Value 円6,407.95
! 7 Warning Signs
View Full Analysis

What is Nakano Refrigerators Co Asset Turnover?

Nakano Refrigerators Co TSE:6411 18 Asset Turnover is 0.43 as of Jun. 2025. GuruFocus rates TSE:6411 with a GF Score™ of 18/100 and a GF Value™ of 円6,407.95. The stock has 7 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. Nakano Refrigerators Co's Revenue for the six months ended in Jun. 2025 was 円15,504 Mil. Nakano Refrigerators Co's Total Assets for the quarter that ended in Jun. 2025 was 円36,351 Mil. Therefore, Nakano Refrigerators Co's Asset Turnover for the quarter that ended in Jun. 2025 was 0.43.

Asset Turnover is linked to ROE % through Du Pont Formula. Nakano Refrigerators Co's annualized ROE % for the quarter that ended in Jun. 2025 was 5.77%. It is also linked to ROA % through Du Pont Formula. Nakano Refrigerators Co's annualized ROA % for the quarter that ended in Jun. 2025 was 4.06%.


Nakano Refrigerators Co  (TSE:6411) Asset Turnover Explanation

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

Nakano Refrigerators Co's annulized ROE % for the quarter that ended in Jun. 2025 is

ROE %**(Q: Jun. 2025 )
=Net Income/Total Stockholders Equity
=1474.494/25562.5305
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1474.494 / 31008.512)*(31008.512 / 36350.906)*(36350.906/ 25562.5305)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.76 %*0.853*1.422
=ROA %*Equity Multiplier
=4.06 %*1.422
=5.77 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 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:

Nakano Refrigerators Co's annulized ROA % for the quarter that ended in Jun. 2025 is

ROA %(Q: Jun. 2025 )
=Net Income/Total Assets
=1474.494/36350.906
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1474.494 / 31008.512)*(31008.512 / 36350.906)
=Net Margin %*Asset Turnover
=4.76 %*0.853
=4.06 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Nakano Refrigerators Co Asset Turnover Related Terms


Nakano Refrigerators Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Nakano Refrigerators 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.

Nakano Refrigerators Co Asset Turnover Chart

Nakano Refrigerators Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.94 0.81 0.97 0.94

Nakano Refrigerators Co Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.46 0.48 0.47 0.48 0.43

TSE:6411 vs GEV, ETN, PH: Asset Turnover Comparison

For the Specialty Industrial Machinery subindustry, Nakano Refrigerators 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.


Nakano Refrigerators Co Asset Turnover vs Industrial Products Industry

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

* The bar in red indicates where Nakano Refrigerators Co's Asset Turnover falls into.


TSE:6411
18GF Score
Nakano Refrigerators Co Ltd TSE:6411
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nakano Refrigerators Co Asset Turnover Calculation

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

Nakano Refrigerators Co's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=33861.17/( (35359.73+36871.433)/ 2 )
=33861.17/36115.5815
=0.94

Nakano Refrigerators Co's Asset Turnover for the quarter that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Jun. 2025 ))/ count )
=15504.256/( (36871.433+35830.379)/ 2 )
=15504.256/36350.906
=0.43

* 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 0.43 mean?
Nakano Refrigerators Co (TSE:6411) has a Asset Turnover of 0.43 as of Jun. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nakano Refrigerators Co and its competitors.
Is Nakano Refrigerators Co's Asset Turnover too high?
Nakano Refrigerators Co's current Asset Turnover is 0.43. Overall, Nakano Refrigerators Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Nakano Refrigerators Co's Asset Turnover compare to GEV and ETN?
Nakano Refrigerators Co's Asset Turnover of 0.43 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 Nakano Refrigerators Co and its competitors. Nakano Refrigerators Co's current Asset Turnover is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakano Refrigerators Co stock overvalued right now?
Nakano Refrigerators Co (TSE:6411) has a current Asset Turnover of 0.43. The stock's GF Value™ is 円6,407.95, compared to a current price of 円7,860.00 — trading 22.7% above its estimated fair value. The current Asset Turnover is 0.43. Nakano Refrigerators Co's overall GF Score™ is 18/100 with 7 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 Nakano Refrigerators Co (TSE:6411), the current Asset Turnover is 0.43 as of Jun. 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 Nakano Refrigerators Co (TSE:6411) Overvalued in 2026?

Based on GuruFocus' analysis, Nakano Refrigerators Co stock appears to be overvalued. The current stock price of 円7,860.00 is trading 22.7% above its estimated GF Value™ of 円6,407.95.

Key valuation signals for TSE:6411:

  • Asset Turnover: 0.43
  • GF Value™: 円6,407.95 vs. price of 円7,860.00 (22.7% above fair value)
  • GF Score™: 18/100 with 7 warning signs

No single metric tells the full story. See the TSE:6411 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nakano Refrigerators Co Business Description

Address 2-15-4 Shibaura, Minato-ku, Tokyo, JPN, 108-0023
Nakano Refrigerators Co Ltd engages in the manufacture, sale and installation of freezers, refrigerators, and other related products. Its product offerings include refrigerator showcase, showcase with built-in refrigerator, refrigerator, commercial refrigerator, wire wine rack, sliding shelf, variable wire divider, multi mirrors, sprinkler, energy saving equipment and applied products. Nakano products are used in supermarkets, convenience store, small supermarkets, department stores, large commercial facilities and distribution centers. The company also provides after-sales service for the products sold.
18GF Score

Get the complete analysis for TSE:6411

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

円7,860.00
Price
円6,407.95
GF Value