Kirin Holdings Co (FRA:KIR) Asset Turnover: 0.17 (As of Mar. 2026)


FRA:KIR Kirin Holdings Co Ltd FRA:KIR
77 GF Score
Price €15.11
GF Value €13.06
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Kirin Holdings Co Asset Turnover?

Kirin Holdings Co FRA:KIR -1.56% 77 Asset Turnover is 0.17 as of Mar. 2026. GuruFocus rates FRA:KIR with a GF Score™ of 77/100 and a GF Value™ of €13.06 (Modestly Overvalued). The stock has 9 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. Kirin Holdings Co's Revenue for the three months ended in Mar. 2026 was €3,124 Mil. Kirin Holdings Co's Total Assets for the quarter that ended in Mar. 2026 was €18,858 Mil. Therefore, Kirin Holdings Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Kirin Holdings Co's annualized ROE % for the quarter that ended in Mar. 2026 was 8.30%. It is also linked to ROA % through Du Pont Formula. Kirin Holdings Co's annualized ROA % for the quarter that ended in Mar. 2026 was 3.13%.


Kirin Holdings Co  (FRA:KIR) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=590.424/7115.763
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(590.424 / 12494.708)*(12494.708 / 18857.7915)*(18857.7915/ 7115.763)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.73 %*0.6626*2.6501
=ROA %*Equity Multiplier
=3.13 %*2.6501
=8.30 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=590.424/18857.7915
=(Net Income / Revenue)*(Revenue / Total Assets)
=(590.424 / 12494.708)*(12494.708 / 18857.7915)
=Net Margin %*Asset Turnover
=4.73 %*0.6626
=3.13 %

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.


Kirin Holdings Co Asset Turnover Related Terms


Kirin Holdings Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Kirin Holdings 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.

Kirin Holdings Co Asset Turnover Chart

Kirin Holdings Co 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 0.73 0.75 0.75 0.74 0.67

Kirin Holdings 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 0.17 0.18 0.18 0.19 0.17

FRA:KIR vs BUD, STZ, TAP: Asset Turnover Comparison

For the Beverages - Brewers subindustry, Kirin Holdings 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.


Kirin Holdings Co Asset Turnover vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Asset Turnover distribution charts can be found below:

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


FRA:KIR
77GF Score
Kirin Holdings Co Ltd FRA:KIR
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kirin Holdings Co Asset Turnover Calculation

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

Kirin Holdings Co'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 )
=13328.365/( (20825.254+19138.073)/ 2 )
=13328.365/19981.6635
=0.67

Kirin Holdings 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 )
=3123.677/( (19138.073+18577.51)/ 2 )
=3123.677/18857.7915
=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?
Kirin Holdings Co (FRA:KIR) 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 Kirin Holdings Co and its competitors.
Is Kirin Holdings Co's Asset Turnover too high?
Kirin Holdings Co's current Asset Turnover is 0.17. Overall, Kirin Holdings Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kirin Holdings Co's Asset Turnover compare to BUD and STZ?
Kirin Holdings Co's Asset Turnover of 0.17 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Asset Turnover depends on the Beverages - Alcoholic 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 Kirin Holdings Co and its competitors. Kirin Holdings Co'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 Kirin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kirin Holdings Co (FRA:KIR) is currently considered Modestly Overvalued. The stock's GF Value™ is €13.06, compared to a current price of €15.11 — trading 15.7% above its estimated fair value. The current Asset Turnover is 0.17. Kirin Holdings Co's overall GF Score™ is 77/100 with 9 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 Kirin Holdings Co (FRA:KIR), 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 Kirin Holdings Co (FRA:KIR) Overvalued in 2026?

Based on GuruFocus' analysis, Kirin Holdings Co stock appears to be overvalued. The current stock price of €15.11 is trading 15.7% above its estimated GF Value™ of €13.06. GuruFocus considers Kirin Holdings Co to be Modestly Overvalued.

Key valuation signals for FRA:KIR:

  • Asset Turnover: 0.17
  • GF Value™: €13.06 vs. price of €15.11 (15.7% above fair value)
  • GF Score™: 77/100 with 9 warning signs

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


Kirin Holdings Co Business Description

Address 10-2 Nakano 4-chome, Nakano Central Park South, Nakano-ku, Tokyo, JPN, 164-0001
Kirin is the second-largest brewer in Japan with a 28% market share. It holds a top share in the happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of alcoholic and soft beverage products in Japan. It has made several acquisitions, including Lion Nathan and National Foods in Australia, the second-largest Brazilian brewer Schincariol and Myanmar's biggest brewer over the past decade. It sold the businesses in Brazil and Myanmar in 2017 and 2023, respectively. In 2023, the company made a tender offer to bring Fancl on as a wholly owned subsidiary. Its revenue accounts for roughly 5% of Kirin's total sales. Its overseas business, which includes alcoholic and nonalcoholic beverages, represents about 40% of the group's revenue.
77GF Score

Get the complete analysis for FRA:KIR

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

€15.11
Price
€13.06
GF Value