Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Taiho Transportation's Revenue for the
six
months ended in Mar. 2026 was 円3,966 Mil. Taiho Transportation's Total Assets for the quarter that ended in Mar. 2026 was 円9,861 Mil. Therefore, Taiho Transportation's Asset Turnover for the quarter that ended in Mar. 2026 was 0.40.
Asset Turnover is linked to ROE % through Du Pont Formula. Taiho Transportation's annualizedROE % for the quarter that ended in Mar. 2026 was 2.45%. It is also linked to ROA % through Du Pont Formula. Taiho Transportation's annualizedROA % for the quarter that ended in Mar. 2026 was 1.68%.
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:
Taiho Transportation's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Taiho Transportation Asset Turnover Related Terms
Taiho Transportation Asset Turnover Historical Data
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The historical data trend for Taiho Transportation'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.
NGO:9040 vs ODFL, XPO, KNX: Asset Turnover Comparison
For the Trucking subindustry, Taiho Transportation'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.
Taiho Transportation Asset Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Taiho Transportation's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Taiho Transportation's Asset Turnover falls into.
* 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.
Taiho Transportation (NGO:9040) has a Asset Turnover of 0.40 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Taiho Transportation and its competitors.
Is Taiho Transportation's Asset Turnover too high?
Taiho Transportation's current Asset Turnover is 0.40. Overall, Taiho Transportation has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiho Transportation's Asset Turnover compare to ODFL and XPO?
Taiho Transportation's Asset Turnover of 0.40 can be compared against companies in the Transportation 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 Transportation company?
A good Asset Turnover depends on the Transportation 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 Taiho Transportation and its competitors. Taiho Transportation's current Asset Turnover is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiho Transportation stock overvalued right now?
Based on GuruFocus' analysis, Taiho Transportation (NGO:9040) is currently considered Fairly Valued. The stock's GF Value™ is 円3,932.00, compared to a current price of 円4,175.00 — trading 6.2% above its estimated fair value. The current Asset Turnover is 0.40. Taiho Transportation's overall GF Score™ is 65/100 with 4 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 Taiho Transportation (NGO:9040), the current Asset Turnover is 0.40 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 Taiho Transportation (NGO:9040) Overvalued in 2026?
Based on GuruFocus' analysis, Taiho Transportation stock appears to be overvalued.
The current stock price of 円4,175.00 is trading 6.2% above its estimated GF Value™ of 円3,932.00.
GuruFocus considers Taiho Transportation to be Fairly Valued.
Key valuation signals for NGO:9040:
Asset Turnover: 0.40
GF Value™: 円3,932.00 vs. price of 円4,175.00 (6.2% above fair value)
No single metric tells the full story. See the NGO:9040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiho Transportation is a Japanese company engaged in the general cargo transportation business. It provides general freight handling, automobile maintenance, buying and selling of new and used vehicles, used vehicle parts insurance agency and various vehicle leasing services. The company is also engaged in the general worker and specified worker dispatching business.
65GF Score
Get the complete analysis for NGO:9040
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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