Tokaido REIT (FRA:AI70) Asset Turnover: 0.03 (As of Jan. 2026)


FRA:AI70 Tokaido REIT Inc FRA:AI70
48 GF Score
Price €525.00
GF Value €665.21
! 4 Warning Signs
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What is Tokaido REIT Asset Turnover?

Tokaido REIT FRA:AI70 -0.94% 48 Asset Turnover is 0.03 as of Jan. 2026. GuruFocus rates FRA:AI70 with a GF Score™ of 48/100 and a GF Value™ of €665.21. 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. Tokaido REIT's Revenue for the six months ended in Jan. 2026 was €12.58 Mil. Tokaido REIT's Total Assets for the quarter that ended in Jan. 2026 was €382.14 Mil. Therefore, Tokaido REIT's Asset Turnover for the quarter that ended in Jan. 2026 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Tokaido REIT's annualized ROE % for the quarter that ended in Jan. 2026 was 6.13%. It is also linked to ROA % through Du Pont Formula. Tokaido REIT's annualized ROA % for the quarter that ended in Jan. 2026 was 3.00%.


Tokaido REIT  (FRA:AI70) Asset Turnover Explanation

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

Tokaido REIT's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=11.45/186.786
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(11.45 / 25.166)*(25.166 / 382.137)*(382.137/ 186.786)
=Net Margin %*Asset Turnover*Equity Multiplier
=45.5 %*0.0659*2.0459
=ROA %*Equity Multiplier
=3.00 %*2.0459
=6.13 %

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

Tokaido REIT's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=11.45/382.137
=(Net Income / Revenue)*(Revenue / Total Assets)
=(11.45 / 25.166)*(25.166 / 382.137)
=Net Margin %*Asset Turnover
=45.5 %*0.0659
=3.00 %

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


Tokaido REIT Asset Turnover Related Terms


Tokaido REIT Asset Turnover Historical Data

* Premium members only.

The historical data trend for Tokaido REIT'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.

Tokaido REIT Asset Turnover Chart

Tokaido REIT Annual Data
Trend Jul21 Jan22 Jul23 Jul24 Jul25
Asset Turnover
0.00 0.04 0.06 0.06 0.07

Tokaido REIT Semi-Annual Data
Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.04 0.04 0.03

FRA:AI70 vs VICI, WPC: Asset Turnover Comparison

For the REIT - Diversified subindustry, Tokaido REIT'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.


Tokaido REIT Asset Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Tokaido REIT's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Tokaido REIT's Asset Turnover falls into.


FRA:AI70
48GF Score
Tokaido REIT Inc FRA:AI70
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokaido REIT Asset Turnover Calculation

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

Tokaido REIT's Asset Turnover for the fiscal year that ended in Jul. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2025 )/( (Total Assets (A: Jul. 2024 )+Total Assets (A: Jul. 2025 ))/ count )
=25.127/( (340.997+395.294)/ 2 )
=25.127/368.1455
=0.07

Tokaido REIT's Asset Turnover for the quarter that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Jul. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=12.583/( (395.294+368.98)/ 2 )
=12.583/382.137
=0.03

* 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 0.03 mean?
Tokaido REIT (FRA:AI70) has a Asset Turnover of 0.03 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tokaido REIT and its competitors.
Is Tokaido REIT's Asset Turnover too high?
Tokaido REIT's current Asset Turnover is 0.03. Overall, Tokaido REIT has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Tokaido REIT's Asset Turnover compare to VICI and WPC?
Tokaido REIT's Asset Turnover of 0.03 can be compared against companies in the REITs 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 REITs company?
A good Asset Turnover depends on the REITs 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 Tokaido REIT and its competitors. Tokaido REIT's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokaido REIT stock overvalued right now?
Tokaido REIT (FRA:AI70) has a current Asset Turnover of 0.03. The stock's GF Value™ is €665.21, compared to a current price of €525.00 — trading 21.1% below its estimated fair value. The current Asset Turnover is 0.03. Tokaido REIT's overall GF Score™ is 48/100 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 Tokaido REIT (FRA:AI70), the current Asset Turnover is 0.03 as of Jan. 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 Tokaido REIT (FRA:AI70) Overvalued in 2026?

Based on GuruFocus' analysis, Tokaido REIT stock appears to be undervalued. The current stock price of €525.00 is trading 21.1% below its estimated GF Value™ of €665.21.

Key valuation signals for FRA:AI70:

  • Asset Turnover: 0.03
  • GF Value™: €665.21 vs. price of €525.00 (21.1% below fair value)
  • GF Score™: 48/100 with 4 warning signs

No single metric tells the full story. See the FRA:AI70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokaido REIT Business Description

Industry Real EstateREITs
Other Exchanges 2989:Japan
Address 2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014
Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.
48GF Score

Get the complete analysis for FRA:AI70

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

€525.00
Price
€665.21
GF Value