Nadex Co (TSE:7435) Asset Turnover: 0.65 (As of Apr. 2026)


TSE:7435 Nadex Co Ltd TSE:7435
77 GF Score
Price 円1,243.00
GF Value 円1,134.70
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Nadex Co Asset Turnover?

Nadex Co TSE:7435 -2.59% 77 Asset Turnover is 0.65 as of Apr. 2026. GuruFocus rates TSE:7435 with a GF Score™ of 77/100 and a GF Value™ of 円1,134.70 (Fairly Valued). 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. Nadex Co's Revenue for the six months ended in Apr. 2026 was 円19,989 Mil. Nadex Co's Total Assets for the quarter that ended in Apr. 2026 was 円30,979 Mil. Therefore, Nadex Co's Asset Turnover for the quarter that ended in Apr. 2026 was 0.65.

Asset Turnover is linked to ROE % through Du Pont Formula. Nadex Co's annualized ROE % for the quarter that ended in Apr. 2026 was 5.65%. It is also linked to ROA % through Du Pont Formula. Nadex Co's annualized ROA % for the quarter that ended in Apr. 2026 was 3.56%.


Nadex Co  (TSE:7435) Asset Turnover Explanation

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

Nadex Co's annulized ROE % for the quarter that ended in Apr. 2026 is

ROE %**(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=1101.546/19479.1985
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1101.546 / 39977.636)*(39977.636 / 30978.756)*(30978.756/ 19479.1985)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.76 %*1.2905*1.5904
=ROA %*Equity Multiplier
=3.56 %*1.5904
=5.65 %

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

Nadex Co's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=1101.546/30978.756
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1101.546 / 39977.636)*(39977.636 / 30978.756)
=Net Margin %*Asset Turnover
=2.76 %*1.2905
=3.56 %

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


Nadex Co Asset Turnover Related Terms


Nadex Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Nadex 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.

Nadex Co Asset Turnover Chart

Nadex Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.21 1.12 1.19 1.17

Nadex Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.59 0.54 0.67 0.56 0.65

TSE:7435 vs GEV, ETN, PH: Asset Turnover Comparison

For the Specialty Industrial Machinery subindustry, Nadex 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.


Nadex Co Asset Turnover vs Industrial Products Industry

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

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


TSE:7435
77GF Score
Nadex Co Ltd TSE:7435
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nadex Co Asset Turnover Calculation

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

Nadex Co's Asset Turnover for the fiscal year that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2026 )/( (Total Assets (A: Apr. 2025 )+Total Assets (A: Apr. 2026 ))/ count )
=36838.193/( (30782.897+32022.092)/ 2 )
=36838.193/31402.4945
=1.17

Nadex Co's Asset Turnover for the quarter that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Apr. 2026 ))/ count )
=19988.818/( (29935.42+32022.092)/ 2 )
=19988.818/30978.756
=0.65

* 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 0.65 mean?
Nadex Co (TSE:7435) has a Asset Turnover of 0.65 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nadex Co and its competitors.
Is Nadex Co's Asset Turnover too high?
Nadex Co's current Asset Turnover is 0.65. Overall, Nadex Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nadex Co's Asset Turnover compare to GEV and ETN?
Nadex Co's Asset Turnover of 0.65 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 Nadex Co and its competitors. Nadex Co's current Asset Turnover is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nadex Co stock overvalued right now?
Based on GuruFocus' analysis, Nadex Co (TSE:7435) is currently considered Fairly Valued. The stock's GF Value™ is 円1,134.70, compared to a current price of 円1,243.00 — trading 9.5% above its estimated fair value. The current Asset Turnover is 0.65. Nadex Co's overall GF Score™ is 77/100 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 Nadex Co (TSE:7435), the current Asset Turnover is 0.65 as of Apr. 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 Nadex Co (TSE:7435) Overvalued in 2026?

Based on GuruFocus' analysis, Nadex Co stock appears to be overvalued. The current stock price of 円1,243.00 is trading 9.5% above its estimated GF Value™ of 円1,134.70. GuruFocus considers Nadex Co to be Fairly Valued.

Key valuation signals for TSE:7435:

  • Asset Turnover: 0.65
  • GF Value™: 円1,134.70 vs. price of 円1,243.00 (9.5% above fair value)
  • GF Score™: 77/100 with 4 warning signs

No single metric tells the full story. See the TSE:7435 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nadex Co Business Description

Address 9-27 Furuwatari-cho, Naka-ku, Nagoya, Aichi, JPN, 460-8338
Nadex Co Ltd is engaged in the manufacturing, sale, and marketing of bonding material and installation work. It develops factory automation systems as well as manufactures, designs, and sells electronic control equipment. its product includes Resistance welding, Arc welding, laser, Plasma welding, Welding rod-welding wire, Industrial robot, NC processing machine, Equipment for hemming.
77GF Score

Get the complete analysis for TSE:7435

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

円1,243.00
Price
円1,134.70
GF Value