TOHO Co (FRA:TZ7) Asset Turnover: 0.71 (As of Jan. 2026)


FRA:TZ7 TOHO Co Ltd FRA:TZ7
70 GF Score
Price €7.30
GF Value €6.12
! 2 Warning Signs
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What is TOHO Co Asset Turnover?

TOHO Co FRA:TZ7 +1.39% 70 Asset Turnover is 0.71 as of Jan. 2026. GuruFocus rates FRA:TZ7 with a GF Score™ of 70/100 and a GF Value™ of €6.12. The stock has 2 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. TOHO Co's Revenue for the three months ended in Jan. 2026 was €382 Mil. TOHO Co's Total Assets for the quarter that ended in Jan. 2026 was €537 Mil. Therefore, TOHO Co's Asset Turnover for the quarter that ended in Jan. 2026 was 0.71.

Asset Turnover is linked to ROE % through Du Pont Formula. TOHO Co's annualized ROE % for the quarter that ended in Jan. 2026 was 12.49%. It is also linked to ROA % through Du Pont Formula. TOHO Co's annualized ROA % for the quarter that ended in Jan. 2026 was 4.31%.


TOHO Co  (FRA:TZ7) Asset Turnover Explanation

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

TOHO Co's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=23.12/185.169
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(23.12 / 1529.936)*(1529.936 / 536.5715)*(536.5715/ 185.169)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.51 %*2.8513*2.8977
=ROA %*Equity Multiplier
=4.31 %*2.8977
=12.49 %

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

TOHO Co's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=23.12/536.5715
=(Net Income / Revenue)*(Revenue / Total Assets)
=(23.12 / 1529.936)*(1529.936 / 536.5715)
=Net Margin %*Asset Turnover
=1.51 %*2.8513
=4.31 %

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


TOHO Co Asset Turnover Related Terms


TOHO Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for TOHO 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.

TOHO Co Asset Turnover Chart

TOHO Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 2.44 2.62 2.77 2.64

TOHO Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.66 0.63 0.69 0.71 0.67

FRA:TZ7 vs SYY, USFD, PFGC: Asset Turnover Comparison

For the Food Distribution subindustry, TOHO 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.


TOHO Co Asset Turnover vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, TOHO Co's Asset Turnover distribution charts can be found below:

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


FRA:TZ7
70GF Score
TOHO Co Ltd FRA:TZ7
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TOHO Co Asset Turnover Calculation

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

TOHO Co's Asset Turnover for the fiscal year that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2026 )/( (Total Assets (A: Jan. 2025 )+Total Assets (A: Jan. 2026 ))/ count )
=1411.069/( (545.22+523.984)/ 2 )
=1411.069/534.602
=2.64

TOHO Co'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: Oct. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=382.484/( (549.159+523.984)/ 2 )
=382.484/536.5715
=0.71

* 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 0.71 mean?
TOHO Co (FRA:TZ7) has a Asset Turnover of 0.71 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on TOHO Co and its competitors.
Is TOHO Co's Asset Turnover too high?
TOHO Co's current Asset Turnover is 0.71. Overall, TOHO Co has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does TOHO Co's Asset Turnover compare to SYY and USFD?
TOHO Co's Asset Turnover of 0.71 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Asset Turnover depends on the Retail - Defensive 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 TOHO Co and its competitors. TOHO Co's current Asset Turnover is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOHO Co stock overvalued right now?
TOHO Co (FRA:TZ7) has a current Asset Turnover of 0.71. The stock's GF Value™ is €6.12, compared to a current price of €7.30 — trading 19.3% above its estimated fair value. The current Asset Turnover is 0.71. TOHO Co's overall GF Score™ is 70/100 with 2 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 TOHO Co (FRA:TZ7), the current Asset Turnover is 0.71 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 TOHO Co (FRA:TZ7) Overvalued in 2026?

Based on GuruFocus' analysis, TOHO Co stock appears to be overvalued. The current stock price of €7.30 is trading 19.3% above its estimated GF Value™ of €6.12.

Key valuation signals for FRA:TZ7:

  • Asset Turnover: 0.71
  • GF Value™: €6.12 vs. price of €7.30 (19.3% above fair value)
  • GF Score™: 70/100 with 2 warning signs

No single metric tells the full story. See the FRA:TZ7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOHO Co Business Description

Other Exchanges 8142:Japan
Address 5-9 Koyo-cho Nishi, Higashinada-ku, Kobe, JPN, 658-0033
TOHO Co Ltd is engaged in the purchase, procurement, and development of food for commercial use. The group is also engaged in the production of coffee for commercial use. provides total support for the restaurant business, including logistics, information, and services, to support customer value creation.
70GF Score

Get the complete analysis for FRA:TZ7

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

€7.30
Price
€6.12
GF Value