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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. NFO Drives AB's Revenue for the
three
months ended in Jun. 2026 was kr3.82 Mil. NFO Drives AB's Total Assets for the quarter that ended in Jun. 2026 was kr11.88 Mil. Therefore, NFO Drives AB's Asset Turnover for the quarter that ended in Jun. 2026 was 0.32.
Asset Turnover is linked to ROE % through Du Pont Formula. NFO Drives AB's annualizedROE % for the quarter that ended in Jun. 2026 was -34.32%. It is also linked to ROA % through Du Pont Formula. NFO Drives AB's annualizedROA % for the quarter that ended in Jun. 2026 was -25.85%.
NFO Drives AB (XSAT:NFO) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
NFO Drives AB's annulizedROE % for the quarter that ended in Jun. 2026 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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:
NFO Drives AB's annulizedROA % for the quarter that ended in Jun. 2026 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
NFO Drives AB Asset Turnover Related Terms
NFO Drives AB Asset Turnover Historical Data
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The historical data trend for NFO Drives AB'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.
XSAT:NFO vs COHR, KEYS, GRMN: Asset Turnover Comparison
For the Scientific & Technical Instruments subindustry, NFO Drives AB'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.
NFO Drives AB Asset Turnover vs Hardware Industry
For the Hardware industry and Technology sector, NFO Drives AB's Asset Turnover distribution charts can be found below:
* The bar in red indicates where NFO Drives AB's Asset Turnover falls into.
* 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.
NFO Drives AB (XSAT:NFO) has a Asset Turnover of 0.32 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on NFO Drives AB and its competitors.
Is NFO Drives AB's Asset Turnover too high?
NFO Drives AB's current Asset Turnover is 0.32. Overall, NFO Drives AB has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NFO Drives AB's Asset Turnover compare to COHR and KEYS?
NFO Drives AB's Asset Turnover of 0.32 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 NFO Drives AB and its competitors. NFO Drives AB's current Asset Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NFO Drives AB stock overvalued right now?
Based on GuruFocus' analysis, NFO Drives AB (XSAT:NFO) is currently considered Possible Value Trap. The stock's GF Value™ is kr9.41, compared to a current price of kr6.55 — trading 30.4% below its estimated fair value. The current Asset Turnover is 0.32. NFO Drives AB's overall GF Score™ is 55/100 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 NFO Drives AB (XSAT:NFO), the current Asset Turnover is 0.32 as of Jun. 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 NFO Drives AB (XSAT:NFO) Overvalued in 2026?
Based on GuruFocus' analysis, NFO Drives AB stock appears to be undervalued.
The current stock price of kr6.55 is trading 30.4% below its estimated GF Value™ of kr9.41.
GuruFocus considers NFO Drives AB to be Possible Value Trap.
Key valuation signals for XSAT:NFO:
Asset Turnover: 0.32
GF Value™: kr9.41 vs. price of kr6.55 (30.4% below fair value)
No single metric tells the full story. See the XSAT:NFO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NFO Drives AB is a technology company. The group is engaged in the development, manufacture, and marketing of NFO Sinus frequency inverters that are used to regulate the RPM of electric motors. Its product is used to control the speed of electric motors in machines, fans, and pumps. The company products are used in residential properties, industry, agricultural environment and hospital.
55GF Score
Get the complete analysis for XSAT:NFO
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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