Fusion Co (SSE:3977) Asset Turnover: 1.17 (As of Feb. 2026)

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SSE:3977 Fusion Co Ltd SSE:3977
72 GF Score
Price 円461.00
GF Value 円516.93
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Fusion Co Asset Turnover?

Fusion Co SSE:3977 +1.10% 72 Asset Turnover is 1.17 as of Feb. 2026. GuruFocus rates SSE:3977 with a GF Score™ of 72/100 and a GF Value™ of 円516.93 (Modestly Undervalued). 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. Fusion Co's Revenue for the six months ended in Feb. 2026 was 円784 Mil. Fusion Co's Total Assets for the quarter that ended in Feb. 2026 was 円672 Mil. Therefore, Fusion Co's Asset Turnover for the quarter that ended in Feb. 2026 was 1.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Fusion Co's annualized ROE % for the quarter that ended in Feb. 2026 was 27.21%. It is also linked to ROA % through Du Pont Formula. Fusion Co's annualized ROA % for the quarter that ended in Feb. 2026 was 13.78%.


Fusion Co  (SSE:3977) Asset Turnover Explanation

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

Fusion Co's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=92.558/340.153
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(92.558 / 1568.35)*(1568.35 / 671.6465)*(671.6465/ 340.153)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.9 %*2.3351*1.9745
=ROA %*Equity Multiplier
=13.78 %*1.9745
=27.21 %

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

Fusion Co's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=92.558/671.6465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(92.558 / 1568.35)*(1568.35 / 671.6465)
=Net Margin %*Asset Turnover
=5.9 %*2.3351
=13.78 %

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


Fusion Co Asset Turnover Related Terms


Fusion Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Fusion 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.

Fusion Co Asset Turnover Chart

Fusion Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 2.31 2.37 2.27 2.11

Fusion Co Semi-Annual Data
Feb16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1.24 1.28 1.21 1.02 1.17

SSE:3977 vs APP, OMC, TTD: Asset Turnover Comparison

For the Advertising Agencies subindustry, Fusion 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.


Fusion Co Asset Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fusion Co's Asset Turnover distribution charts can be found below:

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


SSE:3977
72GF Score
Fusion Co Ltd SSE:3977
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Fusion Co Asset Turnover Calculation

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

Fusion Co's Asset Turnover for the fiscal year that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2026 )/( (Total Assets (A: Feb. 2025 )+Total Assets (A: Feb. 2026 ))/ count )
=1490.439/( (728.022+687.135)/ 2 )
=1490.439/707.5785
=2.11

Fusion Co's Asset Turnover for the quarter that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=784.175/( (656.158+687.135)/ 2 )
=784.175/671.6465
=1.17

* 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 1.17 mean?
Fusion Co (SSE:3977) has a Asset Turnover of 1.17 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Fusion Co and its competitors.
Is Fusion Co's Asset Turnover too high?
Fusion Co's current Asset Turnover is 1.17. Overall, Fusion Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fusion Co's Asset Turnover compare to APP and OMC?
Fusion Co's Asset Turnover of 1.17 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Asset Turnover depends on the Media - Diversified 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 Fusion Co and its competitors. Fusion Co's current Asset Turnover is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fusion Co stock overvalued right now?
Based on GuruFocus' analysis, Fusion Co (SSE:3977) is currently considered Modestly Undervalued. The stock's GF Value™ is 円516.93, compared to a current price of 円461.00 — trading 10.8% below its estimated fair value. The current Asset Turnover is 1.17. Fusion Co's overall GF Score™ is 72/100 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 Fusion Co (SSE:3977), the current Asset Turnover is 1.17 as of Feb. 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 Fusion Co (SSE:3977) Overvalued in 2026?

Based on GuruFocus' analysis, Fusion Co stock appears to be undervalued. The current stock price of 円461.00 is trading 10.8% below its estimated GF Value™ of 円516.93. GuruFocus considers Fusion Co to be Modestly Undervalued.

Key valuation signals for SSE:3977:

  • Asset Turnover: 1.17
  • GF Value™: 円516.93 vs. price of 円461.00 (10.8% below fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the SSE:3977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fusion Co Business Description

Address Kita 4-chome Nishi 4-chome 1, 4th Floor, Ito Building, Chuo Ward, Sapporo, JPN, 060-0004
Fusion Co Ltd is a direct marketing company. It provides systematic planning, production, and consultation of various promotions. Its total solution of marketing consists of three services: marketing research, marketing system, and direct promotion.
72GF Score

Get the complete analysis for SSE:3977

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

円461.00
Price
円516.93
GF Value