Kokusai Electric (FRA:69B) Asset Turnover: 0.17 (As of Mar. 2026)


FRA:69B Kokusai Electric Corp FRA:69B
32 GF Score
Price €53.50
GF Value €22.42
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kokusai Electric Asset Turnover?

Kokusai Electric FRA:69B -1.83% 32 Asset Turnover is 0.17 as of Mar. 2026. GuruFocus rates FRA:69B with a GF Score™ of 32/100 and a GF Value™ of €22.42 (Significantly Overvalued). The stock has 5 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. Kokusai Electric's Revenue for the three months ended in Mar. 2026 was €338 Mil. Kokusai Electric's Total Assets for the quarter that ended in Mar. 2026 was €1,945 Mil. Therefore, Kokusai Electric's Asset Turnover for the quarter that ended in Mar. 2026 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Kokusai Electric's annualized ROE % for the quarter that ended in Mar. 2026 was 13.44%. It is also linked to ROA % through Du Pont Formula. Kokusai Electric's annualized ROA % for the quarter that ended in Mar. 2026 was 8.16%.


Kokusai Electric  (FRA:69B) Asset Turnover Explanation

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

Kokusai Electric's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=158.672/1180.5445
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(158.672 / 1352.34)*(1352.34 / 1944.5765)*(1944.5765/ 1180.5445)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.73 %*0.6954*1.6472
=ROA %*Equity Multiplier
=8.16 %*1.6472
=13.44 %

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

Kokusai Electric's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=158.672/1944.5765
=(Net Income / Revenue)*(Revenue / Total Assets)
=(158.672 / 1352.34)*(1352.34 / 1944.5765)
=Net Margin %*Asset Turnover
=11.73 %*0.6954
=8.16 %

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


Kokusai Electric Asset Turnover Related Terms


Kokusai Electric Asset Turnover Historical Data

* Premium members only.

The historical data trend for Kokusai Electric'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.

Kokusai Electric Asset Turnover Chart

Kokusai Electric Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
0.69 0.64 0.45 0.67 0.63

Kokusai Electric Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.18 0.15 0.19 0.16 0.17

FRA:69B vs AMAT, LRCX, KLAC: Asset Turnover Comparison

For the Semiconductor Equipment & Materials subindustry, Kokusai Electric'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.


Kokusai Electric Asset Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Kokusai Electric's Asset Turnover distribution charts can be found below:

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


FRA:69B
32GF Score
Kokusai Electric Corp FRA:69B
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kokusai Electric Asset Turnover Calculation

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

Kokusai Electric's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=1281.446/( (2119.306+1960.542)/ 2 )
=1281.446/2039.924
=0.63

Kokusai Electric's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=338.085/( (1928.611+1960.542)/ 2 )
=338.085/1944.5765
=0.17

* 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 0.17 mean?
Kokusai Electric (FRA:69B) has a Asset Turnover of 0.17 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Kokusai Electric and its competitors.
Is Kokusai Electric's Asset Turnover too high?
Kokusai Electric's current Asset Turnover is 0.17. Overall, Kokusai Electric has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kokusai Electric's Asset Turnover compare to AMAT and LRCX?
Kokusai Electric's Asset Turnover of 0.17 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Asset Turnover depends on the Semiconductors 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 Kokusai Electric and its competitors. Kokusai Electric's current Asset Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokusai Electric stock overvalued right now?
Based on GuruFocus' analysis, Kokusai Electric (FRA:69B) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.42, compared to a current price of €53.50 — trading 138.6% above its estimated fair value. The current Asset Turnover is 0.17. Kokusai Electric's overall GF Score™ is 32/100 with 5 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 Kokusai Electric (FRA:69B), the current Asset Turnover is 0.17 as of Mar. 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 Kokusai Electric (FRA:69B) Overvalued in 2026?

Based on GuruFocus' analysis, Kokusai Electric stock appears to be overvalued. The current stock price of €53.50 is trading 138.6% above its estimated GF Value™ of €22.42. GuruFocus considers Kokusai Electric to be Significantly Overvalued.

Key valuation signals for FRA:69B:

  • Asset Turnover: 0.17
  • GF Value™: €22.42 vs. price of €53.50 (138.6% above fair value)
  • GF Score™: 32/100 with 5 warning signs

No single metric tells the full story. See the FRA:69B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kokusai Electric Business Description

Address 3-4 Kanda Kajicho, 5th Floor, Oak Kanda Kajicho, Chiyoda-ku, Tokyo, JPN, 101-0045
Kokusai Electric Corp is engaged in the semiconductor manufacturing equipment business. The company operates as a single business segment focused on the development, manufacture, and supply of semiconductor production equipment used in the fabrication of electronic components. The main products include batch film deposition equipment, treatment equipment for film quality improvement, units for measuring instruments and cleaning equipment, and others.
32GF Score

Get the complete analysis for FRA:69B

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

€53.50
Price
€22.42
GF Value