Novavest Real Estate AG (XSWX:NREN) Asset Turnover: 0.02 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:NREN Novavest Real Estate AG XSWX:NREN
63 GF Score
Price CHF39.20
GF Value CHF42.80
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Novavest Real Estate AG Asset Turnover?

Novavest Real Estate AG XSWX:NREN +0.77% 63 Asset Turnover is 0.02 as of Dec. 2025. GuruFocus rates XSWX:NREN with a GF Score™ of 63/100 and a GF Value™ of CHF42.80 (Fairly Valued). The stock has 3 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. Novavest Real Estate AG's Revenue for the six months ended in Dec. 2025 was CHF20.57 Mil. Novavest Real Estate AG's Total Assets for the quarter that ended in Dec. 2025 was CHF1,021.67 Mil. Therefore, Novavest Real Estate AG's Asset Turnover for the quarter that ended in Dec. 2025 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Novavest Real Estate AG's annualized ROE % for the quarter that ended in Dec. 2025 was 6.71%. It is also linked to ROA % through Du Pont Formula. Novavest Real Estate AG's annualized ROA % for the quarter that ended in Dec. 2025 was 2.84%.


Novavest Real Estate AG  (XSWX:NREN) Asset Turnover Explanation

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

Novavest Real Estate AG's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=29.02/432.282
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(29.02 / 41.142)*(41.142 / 1021.6665)*(1021.6665/ 432.282)
=Net Margin %*Asset Turnover*Equity Multiplier
=70.54 %*0.0403*2.3634
=ROA %*Equity Multiplier
=2.84 %*2.3634
=6.71 %

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

Novavest Real Estate AG's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=29.02/1021.6665
=(Net Income / Revenue)*(Revenue / Total Assets)
=(29.02 / 41.142)*(41.142 / 1021.6665)
=Net Margin %*Asset Turnover
=70.54 %*0.0403
=2.84 %

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


Novavest Real Estate AG Asset Turnover Related Terms


Novavest Real Estate AG Asset Turnover Historical Data

* Premium members only.

The historical data trend for Novavest Real Estate AG'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.

Novavest Real Estate AG Asset Turnover Chart

Novavest Real Estate AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

Novavest Real Estate AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.02 0.02 0.02 0.02 0.02

Novavest Real Estate AG Asset Turnover Competitor Comparison

For the Real Estate - Diversified subindustry, Novavest Real Estate AG'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.


Novavest Real Estate AG Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Novavest Real Estate AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Novavest Real Estate AG's Asset Turnover falls into.


XSWX:NREN
63GF Score
Novavest Real Estate AG XSWX:NREN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Novavest Real Estate AG Asset Turnover Calculation

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

Novavest Real Estate AG's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=41.76/( (1052.739+1020.433)/ 2 )
=41.76/1036.586
=0.04

Novavest Real Estate AG's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=20.571/( (1022.9+1020.433)/ 2 )
=20.571/1021.6665
=0.02

* 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 0.02 mean?
Novavest Real Estate AG (XSWX:NREN) has a Asset Turnover of 0.02 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Novavest Real Estate AG and its competitors.
Is Novavest Real Estate AG's Asset Turnover too high?
Novavest Real Estate AG's current Asset Turnover is 0.02. Overall, Novavest Real Estate AG has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novavest Real Estate AG's Asset Turnover compare to competitors?
Novavest Real Estate AG's Asset Turnover of 0.02 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 Novavest Real Estate AG and its competitors. Novavest Real Estate AG's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novavest Real Estate AG stock overvalued right now?
Based on GuruFocus' analysis, Novavest Real Estate AG (XSWX:NREN) is currently considered Fairly Valued. The stock's GF Value™ is CHF42.80, compared to a current price of CHF39.20 — trading 8.4% below its estimated fair value. The current Asset Turnover is 0.02. Novavest Real Estate AG's overall GF Score™ is 63/100 with 3 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 Novavest Real Estate AG (XSWX:NREN), the current Asset Turnover is 0.02 as of Dec. 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 Novavest Real Estate AG (XSWX:NREN) Overvalued in 2026?

Based on GuruFocus' analysis, Novavest Real Estate AG stock appears to be undervalued. The current stock price of CHF39.20 is trading 8.4% below its estimated GF Value™ of CHF42.80. GuruFocus considers Novavest Real Estate AG to be Fairly Valued.

Key valuation signals for XSWX:NREN:

  • Asset Turnover: 0.02
  • GF Value™: CHF42.80 vs. price of CHF39.20 (8.4% below fair value)
  • GF Score™: 63/100 with 3 warning signs

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


Novavest Real Estate AG Business Description

Other Exchanges NRENz:UKAI6:Germany
Address Feldeggstrasse 26, Zurich, CHE, 8008
Novavest Real Estate AG is a Swiss real estate company. It is engaged in construction, acquisition, sale, holding, conversion and management of all types of real estate in theSwitzerland. The company manages and develops properties for residential use, office and commercial use as well as on new construction projects.
63GF Score

Get the complete analysis for XSWX:NREN

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

CHF39.20
Price
CHF42.80
GF Value