VLC Holdings Co (NGO:2467) Asset Turnover: 0.49 (As of Mar. 2026)


NGO:2467 VLC Holdings Co Ltd NGO:2467
52 GF Score
Price 円219.00
GF Value 円141.56
Valuation Significantly Overvalued
! 5 Warning Signs
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What is VLC Holdings Co Asset Turnover?

VLC Holdings Co NGO:2467 -2.67% 52 Asset Turnover is 0.49 as of Mar. 2026. GuruFocus rates NGO:2467 with a GF Score™ of 52/100 and a GF Value™ of 円141.56 (Significantly Overvalued). The stock has 5 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. VLC Holdings Co's Revenue for the six months ended in Mar. 2026 was 円754 Mil. VLC Holdings Co's Total Assets for the quarter that ended in Mar. 2026 was 円1,531 Mil. Therefore, VLC Holdings Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.49.

Asset Turnover is linked to ROE % through Du Pont Formula. VLC Holdings Co's annualized ROE % for the quarter that ended in Mar. 2026 was -29.51%. It is also linked to ROA % through Du Pont Formula. VLC Holdings Co's annualized ROA % for the quarter that ended in Mar. 2026 was -15.90%.


VLC Holdings Co  (NGO:2467) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-243.38/824.722
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-243.38 / 1507.628)*(1507.628 / 1530.5265)*(1530.5265/ 824.722)
=Net Margin %*Asset Turnover*Equity Multiplier
=-16.14 %*0.985*1.8558
=ROA %*Equity Multiplier
=-15.90 %*1.8558
=-29.51 %

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

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-243.38/1530.5265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-243.38 / 1507.628)*(1507.628 / 1530.5265)
=Net Margin %*Asset Turnover
=-16.14 %*0.985
=-15.90 %

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


VLC Holdings Co Asset Turnover Related Terms


VLC Holdings Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for VLC 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.

VLC Holdings Co Asset Turnover Chart

VLC Holdings 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 2.32 2.34 1.99 1.32 1.09

VLC Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.35 0.58 0.57 0.39 0.49

NGO:2467 vs IBM, ACN, FISV: Asset Turnover Comparison

For the Information Technology Services subindustry, VLC 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.


VLC Holdings Co Asset Turnover vs Software Industry

For the Software industry and Technology sector, VLC Holdings Co's Asset Turnover distribution charts can be found below:

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


NGO:2467
52GF Score
VLC Holdings Co Ltd NGO:2467
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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VLC Holdings Co Asset Turnover Calculation

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

VLC Holdings 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 )
=1365.823/( (1305.131+1196.938)/ 2 )
=1365.823/1251.0345
=1.09

VLC 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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=753.814/( (1864.115+1196.938)/ 2 )
=753.814/1530.5265
=0.49

* 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 0.49 mean?
VLC Holdings Co (NGO:2467) has a Asset Turnover of 0.49 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on VLC Holdings Co and its competitors.
Is VLC Holdings Co's Asset Turnover too high?
VLC Holdings Co's current Asset Turnover is 0.49. Overall, VLC Holdings Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's Asset Turnover compare to IBM and ACN?
VLC Holdings Co's Asset Turnover of 0.49 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 VLC Holdings Co and its competitors. VLC Holdings Co's current Asset Turnover is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Significantly Overvalued. The stock's GF Value™ is 円141.56, compared to a current price of 円219.00 — trading 54.7% above its estimated fair value. The current Asset Turnover is 0.49. VLC Holdings Co's overall GF Score™ is 52/100 with 5 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 VLC Holdings Co (NGO:2467), the current Asset Turnover is 0.49 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 VLC Holdings Co (NGO:2467) Overvalued in 2026?

Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued. The current stock price of 円219.00 is trading 54.7% above its estimated GF Value™ of 円141.56. GuruFocus considers VLC Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:2467:

  • Asset Turnover: 0.49
  • GF Value™: 円141.56 vs. price of 円219.00 (54.7% above fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VLC Holdings Co Business Description

Address No. 2, No. 2, Chuo-ku Nihombashi Bashoku-cho, Asahi Mutual Life Insurance Building, Chuo-ku, Tokyo, JPN, 103-0002
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
52GF Score

Get the complete analysis for NGO:2467

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

円219.00
Price
円141.56
GF Value