Fidelity Japan Trust (LSE:FJV) Asset Turnover: 0.03 (As of Jun. 2025)


LSE:FJV Fidelity Japan Trust PLC LSE:FJV
20 GF Score
Price £2.33
! 2 Warning Signs
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What is Fidelity Japan Trust Asset Turnover?

Fidelity Japan Trust LSE:FJV 20 Asset Turnover is 0.03 as of Jun. 2025. GuruFocus rates LSE:FJV with a GF Score™ of 20/100. 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. Fidelity Japan Trust's Revenue for the six months ended in Jun. 2025 was £7.76 Mil. Fidelity Japan Trust's Total Assets for the quarter that ended in Jun. 2025 was £235.50 Mil. Therefore, Fidelity Japan Trust's Asset Turnover for the quarter that ended in Jun. 2025 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Fidelity Japan Trust's annualized ROE % for the quarter that ended in Jun. 2025 was 6.10%. It is also linked to ROA % through Du Pont Formula. Fidelity Japan Trust's annualized ROA % for the quarter that ended in Jun. 2025 was 6.05%.


Fidelity Japan Trust  (LSE:FJV) Asset Turnover Explanation

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

Fidelity Japan Trust's annulized ROE % for the quarter that ended in Jun. 2025 is

ROE %**(Q: Jun. 2025 )
=Net Income/Total Stockholders Equity
=14.24/233.587
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.24 / 15.528)*(15.528 / 235.497)*(235.497/ 233.587)
=Net Margin %*Asset Turnover*Equity Multiplier
=91.71 %*0.0659*1.0082
=ROA %*Equity Multiplier
=6.05 %*1.0082
=6.10 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 2025) 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:

Fidelity Japan Trust's annulized ROA % for the quarter that ended in Jun. 2025 is

ROA %(Q: Jun. 2025 )
=Net Income/Total Assets
=14.24/235.497
=(Net Income / Revenue)*(Revenue / Total Assets)
=(14.24 / 15.528)*(15.528 / 235.497)
=Net Margin %*Asset Turnover
=91.71 %*0.0659
=6.05 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 2025) 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.


Fidelity Japan Trust Asset Turnover Related Terms


Fidelity Japan Trust Asset Turnover Historical Data

* Premium members only.

The historical data trend for Fidelity Japan Trust'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.

Fidelity Japan Trust Asset Turnover Chart

Fidelity Japan Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.02 -0.27 0.12 -0.03

Fidelity Japan Trust Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.05 0.06 -0.03 0.01 0.03

LSE:FJV vs BLK, BX, KKR: Asset Turnover Comparison

For the Asset Management subindustry, Fidelity Japan Trust'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.


Fidelity Japan Trust Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fidelity Japan Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Fidelity Japan Trust's Asset Turnover falls into.


LSE:FJV
20GF Score
Fidelity Japan Trust PLC LSE:FJV
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Fidelity Japan Trust Asset Turnover Calculation

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

Fidelity Japan Trust's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=-6.39/( (258.84+232.59)/ 2 )
=-6.39/245.715
=-0.03

Fidelity Japan Trust's Asset Turnover for the quarter that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Jun. 2025 ))/ count )
=7.764/( (232.59+238.404)/ 2 )
=7.764/235.497
=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?
Fidelity Japan Trust (LSE:FJV) has a Asset Turnover of 0.03 as of Jun. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Fidelity Japan Trust and its competitors.
Is Fidelity Japan Trust's Asset Turnover too high?
Fidelity Japan Trust's current Asset Turnover is 0.03. Overall, Fidelity Japan Trust has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Fidelity Japan Trust's Asset Turnover compare to BLK and BX?
Fidelity Japan Trust's Asset Turnover of 0.03 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Asset Turnover depends on the Asset Management 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 Fidelity Japan Trust and its competitors. Fidelity Japan Trust'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 Fidelity Japan Trust stock overvalued right now?
Fidelity Japan Trust (LSE:FJV) has a current Asset Turnover of 0.03. The current Asset Turnover is 0.03. Fidelity Japan Trust's overall GF Score™ is 20/100 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 Fidelity Japan Trust (LSE:FJV), the current Asset Turnover is 0.03 as of Jun. 2025. 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.

Fidelity Japan Trust Business Description

Address Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, GBR, KT20 6RP
Fidelity Japan Trust PLC is a UK-based investment trust company. Its objective is to achieve long-term capital growth by investing predominantly in equities and related securities of Japanese companies. The Portfolio Manager aims to achieve a total return on the Company's assets over the long term, over the Reference Index, the TOPIX Total Return Index, as expressed in sterling terms.
20GF Score

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

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