Rizap Group (SSE:2928) Asset Turnover: 0.26 (As of Mar. 2026)


SSE:2928 Rizap Group SSE:2928
56 GF Score
Price 円191.00
GF Value 円222.72
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Rizap Group Asset Turnover?

Rizap Group SSE:2928 -0.52% 56 Asset Turnover is 0.26 as of Mar. 2026. GuruFocus rates SSE:2928 with a GF Score™ of 56/100 and a GF Value™ of 円222.72 (Modestly Undervalued). The stock has 4 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. Rizap Group's Revenue for the three months ended in Mar. 2026 was 円42,668 Mil. Rizap Group's Total Assets for the quarter that ended in Mar. 2026 was 円164,841 Mil. Therefore, Rizap Group's Asset Turnover for the quarter that ended in Mar. 2026 was 0.26.

Asset Turnover is linked to ROE % through Du Pont Formula. Rizap Group's annualized ROE % for the quarter that ended in Mar. 2026 was 25.94%. It is also linked to ROA % through Du Pont Formula. Rizap Group's annualized ROA % for the quarter that ended in Mar. 2026 was 7.73%.


Rizap Group  (SSE:2928) Asset Turnover Explanation

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

Rizap Group's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=12736/49093.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12736 / 170672)*(170672 / 164840.5)*(164840.5/ 49093.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.46 %*1.0354*3.3577
=ROA %*Equity Multiplier
=7.73 %*3.3577
=25.94 %

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:

Rizap Group's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=12736/164840.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(12736 / 170672)*(170672 / 164840.5)
=Net Margin %*Asset Turnover
=7.46 %*1.0354
=7.73 %

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.


Rizap Group Asset Turnover Related Terms


Rizap Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Rizap Group'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.

Rizap Group Asset Turnover Chart

Rizap Group 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 1.07 1.09 1.09 1.05 1.01

Rizap Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.24 0.24 0.25 0.27 0.26

SSE:2928 vs CASY, WSM, DKS: Asset Turnover Comparison

For the Specialty Retail subindustry, Rizap Group'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.


Rizap Group Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rizap Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Rizap Group's Asset Turnover falls into.


SSE:2928
56GF Score
Rizap Group SSE:2928
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Rizap Group Asset Turnover Calculation

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

Rizap Group'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 )
=167257/( (169526+163480)/ 2 )
=167257/166503
=1.00

Rizap Group'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: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=42668/( (166201+163480)/ 2 )
=42668/164840.5
=0.26

* 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 0.26 mean?
Rizap Group (SSE:2928) has a Asset Turnover of 0.26 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Rizap Group and its competitors.
Is Rizap Group's Asset Turnover too high?
Rizap Group's current Asset Turnover is 0.26. Overall, Rizap Group has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rizap Group's Asset Turnover compare to CASY and WSM?
Rizap Group's Asset Turnover of 0.26 can be compared against companies in the Retail - Cyclical 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 - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical 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 Rizap Group and its competitors. Rizap Group's current Asset Turnover is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rizap Group stock overvalued right now?
Based on GuruFocus' analysis, Rizap Group (SSE:2928) is currently considered Modestly Undervalued. The stock's GF Value™ is 円222.72, compared to a current price of 円191.00 — trading 14.2% below its estimated fair value. The current Asset Turnover is 0.26. Rizap Group's overall GF Score™ is 56/100 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 Rizap Group (SSE:2928), the current Asset Turnover is 0.26 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 Rizap Group (SSE:2928) Overvalued in 2026?

Based on GuruFocus' analysis, Rizap Group stock appears to be undervalued. The current stock price of 円191.00 is trading 14.2% below its estimated GF Value™ of 円222.72. GuruFocus considers Rizap Group to be Modestly Undervalued.

Key valuation signals for SSE:2928:

  • Asset Turnover: 0.26
  • GF Value™: 円222.72 vs. price of 円191.00 (14.2% below fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the SSE:2928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rizap Group Business Description

Address Kitashinjuku 2-21-1, Shinjuku Front Tower, 31st Floor, Shinjuku-ku, Yubinbango, Tokyo, JPN, 169-0074
Rizap Group is engaged in health and fitness. The Company sells its beauty and health products through mail order. The company manufactures and sales of beauty related products, health foods, Apparel, interior goods. Its other business includes Housing new construction, renovation, Mega solar business, and entertainment business. Its products include mud Awawa, RIZAP Golf, among others.
56GF Score

Get the complete analysis for SSE:2928

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

円191.00
Price
円222.72
GF Value