Denka Co (FRA:DIK) Asset Turnover: 0.14 (As of Mar. 2026)


FRA:DIK Denka Co Ltd FRA:DIK
57 GF Score
Price €23.40
GF Value €12.45
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Denka Co Asset Turnover?

Denka Co FRA:DIK -1.68% 57 Asset Turnover is 0.14 as of Mar. 2026. GuruFocus rates FRA:DIK with a GF Score™ of 57/100 and a GF Value™ of €12.45 (Significantly Overvalued). The stock has 11 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. Denka Co's Revenue for the three months ended in Mar. 2026 was €510 Mil. Denka Co's Total Assets for the quarter that ended in Mar. 2026 was €3,651 Mil. Therefore, Denka Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Denka Co's annualized ROE % for the quarter that ended in Mar. 2026 was 13.36%. It is also linked to ROA % through Du Pont Formula. Denka Co's annualized ROA % for the quarter that ended in Mar. 2026 was 6.07%.


Denka Co  (FRA:DIK) Asset Turnover Explanation

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

Denka Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=221.532/1657.9945
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(221.532 / 2038.132)*(2038.132 / 3651.3555)*(3651.3555/ 1657.9945)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.87 %*0.5582*2.2023
=ROA %*Equity Multiplier
=6.07 %*2.2023
=13.36 %

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:

Denka Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=221.532/3651.3555
=(Net Income / Revenue)*(Revenue / Total Assets)
=(221.532 / 2038.132)*(2038.132 / 3651.3555)
=Net Margin %*Asset Turnover
=10.87 %*0.5582
=6.07 %

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.


Denka Co Asset Turnover Related Terms


Denka Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Denka 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.

Denka Co Asset Turnover Chart

Denka Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.68 0.60 0.63 0.54

Denka Co Quarterly Data
Jun21 Sep21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only 0.15 0.14 0.16 0.14 0.14

FRA:DIK vs DOW: Asset Turnover Comparison

For the Chemicals subindustry, Denka 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.


Denka Co Asset Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Denka Co's Asset Turnover distribution charts can be found below:

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


FRA:DIK
57GF Score
Denka Co Ltd FRA:DIK
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Denka Co Asset Turnover Calculation

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

Denka Co'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 )
=2094.58/( (4067.912+3712.219)/ 2 )
=2094.58/3890.0655
=0.54

Denka Co'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 )
=509.533/( (3590.492+3712.219)/ 2 )
=509.533/3651.3555
=0.14

* 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 0.14 mean?
Denka Co (FRA:DIK) has a Asset Turnover of 0.14 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Denka Co and its competitors.
Is Denka Co's Asset Turnover too high?
Denka Co's current Asset Turnover is 0.14. Overall, Denka Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denka Co's Asset Turnover compare to DOW?
Denka Co's Asset Turnover of 0.14 can be compared against companies in the Chemicals 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 Chemicals company?
A good Asset Turnover depends on the Chemicals 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 Denka Co and its competitors. Denka Co's current Asset Turnover is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denka Co stock overvalued right now?
Based on GuruFocus' analysis, Denka Co (FRA:DIK) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.45, compared to a current price of €23.40 — trading 88% above its estimated fair value. The current Asset Turnover is 0.14. Denka Co's overall GF Score™ is 57/100 with 11 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 Denka Co (FRA:DIK), the current Asset Turnover is 0.14 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 Denka Co (FRA:DIK) Overvalued in 2026?

Based on GuruFocus' analysis, Denka Co stock appears to be overvalued. The current stock price of €23.40 is trading 88% above its estimated GF Value™ of €12.45. GuruFocus considers Denka Co to be Significantly Overvalued.

Key valuation signals for FRA:DIK:

  • Asset Turnover: 0.14
  • GF Value™: €12.45 vs. price of €23.40 (88% above fair value)
  • GF Score™: 57/100 with 11 warning signs

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


Denka Co Business Description

Other Exchanges 4061:JapanDIK:Germany
Address Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, JPN, 103-8338
Denka Co Ltd manufactures and sells chemicals, plastics, and chemical-based products. The firm organizes itself into four segments based on product type. The elastomers and performance plastics segment, which generates more revenue than any other segment, sells rubber products used by the automotive industry and plastics used to manufacture electronics including televisions. The infrastructure and social solutions segment sells cement and fertilizer to the construction and building industries. The electronics and innovative products segment sells film, and resins used by the electronics industry. The life science and environment products segment sells housing materials including rain gutters, plastic food packaging materials, and industrial materials including electrical tape.
57GF Score

Get the complete analysis for FRA:DIK

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

€23.40
Price
€12.45
GF Value