Ensuiko Sugar Refining Co (TSE:2112) Asset Turnover: 0.52 (As of Mar. 2026)

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TSE:2112 Ensuiko Sugar Refining Co Ltd TSE:2112
66 GF Score
Price 円448.00
GF Value 円326.02
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ensuiko Sugar Refining Co Asset Turnover?

Ensuiko Sugar Refining Co TSE:2112 -0.22% 66 Asset Turnover is 0.52 as of Mar. 2026. GuruFocus rates TSE:2112 with a GF Score™ of 66/100 and a GF Value™ of 円326.02 (Significantly Overvalued). 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. Ensuiko Sugar Refining Co's Revenue for the six months ended in Mar. 2026 was 円16,315 Mil. Ensuiko Sugar Refining Co's Total Assets for the quarter that ended in Mar. 2026 was 円31,177 Mil. Therefore, Ensuiko Sugar Refining Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.52.

Asset Turnover is linked to ROE % through Du Pont Formula. Ensuiko Sugar Refining Co's annualized ROE % for the quarter that ended in Mar. 2026 was 12.87%. It is also linked to ROA % through Du Pont Formula. Ensuiko Sugar Refining Co's annualized ROA % for the quarter that ended in Mar. 2026 was 8.01%.


Ensuiko Sugar Refining Co  (TSE:2112) Asset Turnover Explanation

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

Ensuiko Sugar Refining Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2498/19402.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2498 / 32630)*(32630 / 31176.5)*(31176.5/ 19402.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.66 %*1.0466*1.6068
=ROA %*Equity Multiplier
=8.01 %*1.6068
=12.87 %

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:

Ensuiko Sugar Refining Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2498/31176.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2498 / 32630)*(32630 / 31176.5)
=Net Margin %*Asset Turnover
=7.66 %*1.0466
=8.01 %

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.


Ensuiko Sugar Refining Co Asset Turnover Related Terms


Ensuiko Sugar Refining Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Ensuiko Sugar Refining 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.

Ensuiko Sugar Refining Co Asset Turnover Chart

Ensuiko Sugar Refining 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 0.94 1.08 1.18 1.14 1.08

Ensuiko Sugar Refining 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 0.60 0.60 0.58 0.56 0.52

TSE:2112 vs MDLZ, HSY, TR: Asset Turnover Comparison

For the Confectioners subindustry, Ensuiko Sugar Refining 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.


Ensuiko Sugar Refining Co Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ensuiko Sugar Refining Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ensuiko Sugar Refining Co's Asset Turnover falls into.


TSE:2112
66GF Score
Ensuiko Sugar Refining Co Ltd TSE:2112
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ensuiko Sugar Refining Co Asset Turnover Calculation

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

Ensuiko Sugar Refining 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 )
=32982/( (29405+31813)/ 2 )
=32982/30609
=1.08

Ensuiko Sugar Refining 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 )
=16315/( (30540+31813)/ 2 )
=16315/31176.5
=0.52

* 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 0.52 mean?
Ensuiko Sugar Refining Co (TSE:2112) has a Asset Turnover of 0.52 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ensuiko Sugar Refining Co and its competitors.
Is Ensuiko Sugar Refining Co's Asset Turnover too high?
Ensuiko Sugar Refining Co's current Asset Turnover is 0.52. Overall, Ensuiko Sugar Refining Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensuiko Sugar Refining Co's Asset Turnover compare to MDLZ and HSY?
Ensuiko Sugar Refining Co's Asset Turnover of 0.52 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Ensuiko Sugar Refining Co and its competitors. Ensuiko Sugar Refining Co's current Asset Turnover is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensuiko Sugar Refining Co stock overvalued right now?
Based on GuruFocus' analysis, Ensuiko Sugar Refining Co (TSE:2112) is currently considered Significantly Overvalued. The stock's GF Value™ is 円326.02, compared to a current price of 円448.00 — trading 37.4% above its estimated fair value. The current Asset Turnover is 0.52. Ensuiko Sugar Refining Co's overall GF Score™ is 66/100 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 Ensuiko Sugar Refining Co (TSE:2112), the current Asset Turnover is 0.52 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 Ensuiko Sugar Refining Co (TSE:2112) Overvalued in 2026?

Based on GuruFocus' analysis, Ensuiko Sugar Refining Co stock appears to be overvalued. The current stock price of 円448.00 is trading 37.4% above its estimated GF Value™ of 円326.02. GuruFocus considers Ensuiko Sugar Refining Co to be Significantly Overvalued.

Key valuation signals for TSE:2112:

  • Asset Turnover: 0.52
  • GF Value™: 円326.02 vs. price of 円448.00 (37.4% above fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the TSE:2112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ensuiko Sugar Refining Co Business Description

Address New ESR Building, 2 - 9 - 6 Nihonbashi Tori Town, Chuo-ku, Tokyo, JPN, 103-0012
Ensuiko Sugar Refining Co Ltd operates in the confectionery industry. The company is engaged in the manufacturing and distribution of sugar. It offers a wide range of products ranging from home use to business use, including white sugar, stick sugar for coffee and tea, and gum syrup.
66GF Score

Get the complete analysis for TSE:2112

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

円448.00
Price
円326.02
GF Value