Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Japan Transcity's Revenue for the
three
months ended in Mar. 2026 was 円31,027 Mil. Japan Transcity's Total Assets for the quarter that ended in Mar. 2026 was 円172,430 Mil. Therefore, Japan Transcity's Asset Turnover for the quarter that ended in Mar. 2026 was 0.18.
Asset Turnover is linked to ROE % through Du Pont Formula. Japan Transcity's annualizedROE % for the quarter that ended in Mar. 2026 was 5.86%. It is also linked to ROA % through Du Pont Formula. Japan Transcity's annualizedROA % for the quarter that ended in Mar. 2026 was 3.36%.
Japan Transcity (NGO:9310) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Japan Transcity's annulizedROE % for the quarter that ended in Mar. 2026 is
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:
Japan Transcity's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Japan Transcity Asset Turnover Related Terms
Japan Transcity Asset Turnover Historical Data
* Premium members only.
The historical data trend for Japan Transcity'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:9310 vs UPS, FDX, JBHT: Asset Turnover Comparison
For the Integrated Freight & Logistics subindustry, Japan Transcity'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.
Japan Transcity Asset Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Japan Transcity's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Japan Transcity'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.
Japan Transcity (NGO:9310) has a Asset Turnover of 0.18 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Japan Transcity and its competitors.
Is Japan Transcity's Asset Turnover too high?
Japan Transcity's current Asset Turnover is 0.18. Overall, Japan Transcity has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Japan Transcity's Asset Turnover compare to UPS and FDX?
Japan Transcity's Asset Turnover of 0.18 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 Japan Transcity and its competitors. Japan Transcity's current Asset Turnover is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Transcity stock overvalued right now?
Japan Transcity (NGO:9310) has a current Asset Turnover of 0.18. The stock's GF Value™ is 円717.86, compared to a current price of 円878.00 — trading 22.3% above its estimated fair value. The current Asset Turnover is 0.18. Japan Transcity's overall GF Score™ is 75/100 with 3 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 Japan Transcity (NGO:9310), the current Asset Turnover is 0.18 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 Japan Transcity (NGO:9310) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Transcity stock appears to be overvalued.
The current stock price of 円878.00 is trading 22.3% above its estimated GF Value™ of 円717.86.
Key valuation signals for NGO:9310:
Asset Turnover: 0.18
GF Value™: 円717.86 vs. price of 円878.00 (22.3% above fair value)
No single metric tells the full story. See the NGO:9310 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Transcity Corp is a Japan-based integrated logistics company. It offers various logistics services including warehousing, domestic transportation, international freight forwarding, overseas logistics, logistics consulting and vehicle maintenance. The company's network covers all of Japan from Kanto, Chubu, Kansai, Hokkaido, and Kyushu, and expands to the U.S., Thailand, Singapore, China, and across the world.
75GF 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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