World Holdings Co (TSE:2429) Asset Turnover: 0.46 (As of Dec. 2025)

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TSE:2429 World Holdings Co Ltd TSE:2429
81 GF Score
Price 円2,624.00
GF Value 円3,206.36
Valuation Modestly Undervalued
! 8 Warning Signs
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What is World Holdings Co Asset Turnover?

World Holdings Co TSE:2429 81 Asset Turnover is 0.46 as of Dec. 2025. GuruFocus rates TSE:2429 with a GF Score™ of 81/100 and a GF Value™ of 円3,206.36 (Modestly Undervalued). The stock has 8 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. World Holdings Co's Revenue for the three months ended in Dec. 2025 was 円83,750 Mil. World Holdings Co's Total Assets for the quarter that ended in Dec. 2025 was 円180,376 Mil. Therefore, World Holdings Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.46.

Asset Turnover is linked to ROE % through Du Pont Formula. World Holdings Co's annualized ROE % for the quarter that ended in Dec. 2025 was 18.04%. It is also linked to ROA % through Du Pont Formula. World Holdings Co's annualized ROA % for the quarter that ended in Dec. 2025 was 4.87%.


World Holdings Co  (TSE:2429) Asset Turnover Explanation

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

World Holdings Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=8792/48723
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8792 / 335000)*(335000 / 180375.5)*(180375.5/ 48723)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.62 %*1.8572*3.7021
=ROA %*Equity Multiplier
=4.87 %*3.7021
=18.04 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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:

World Holdings Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=8792/180375.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8792 / 335000)*(335000 / 180375.5)
=Net Margin %*Asset Turnover
=2.62 %*1.8572
=4.87 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.


World Holdings Co Asset Turnover Related Terms


World Holdings Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for World Holdings 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.

World Holdings Co Asset Turnover Chart

World Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.66 1.51 1.45 1.58

World Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.37 0.41 0.40 0.46 0.36

TSE:2429 vs KFY, RHI, TNET: Asset Turnover Comparison

For the Staffing & Employment Services subindustry, World Holdings 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.


World Holdings Co Asset Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, World Holdings Co's Asset Turnover distribution charts can be found below:

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


TSE:2429
81GF Score
World Holdings Co Ltd TSE:2429
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

World Holdings Co Asset Turnover Calculation

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

World Holdings Co's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=284350/( (174370+185692)/ 2 )
=284350/180031
=1.58

World Holdings Co's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=83750/( (175059+185692)/ 2 )
=83750/180375.5
=0.46

* 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 0.46 mean?
World Holdings Co (TSE:2429) has a Asset Turnover of 0.46 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on World Holdings Co and its competitors.
Is World Holdings Co's Asset Turnover too high?
World Holdings Co's current Asset Turnover is 0.46. Overall, World Holdings Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does World Holdings Co's Asset Turnover compare to KFY and RHI?
World Holdings Co's Asset Turnover of 0.46 can be compared against companies in the Business Services 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 Business Services company?
A good Asset Turnover depends on the Business Services 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 World Holdings Co and its competitors. World Holdings Co's current Asset Turnover is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, World Holdings Co (TSE:2429) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,206.36, compared to a current price of 円2,624.00 — trading 18.2% below its estimated fair value. The current Asset Turnover is 0.46. World Holdings Co's overall GF Score™ is 81/100 with 8 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 World Holdings Co (TSE:2429), the current Asset Turnover is 0.46 as of Dec. 2025. 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 World Holdings Co (TSE:2429) Overvalued in 2026?

Based on GuruFocus' analysis, World Holdings Co stock appears to be undervalued. The current stock price of 円2,624.00 is trading 18.2% below its estimated GF Value™ of 円3,206.36. GuruFocus considers World Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:2429:

  • Asset Turnover: 0.46
  • GF Value™: 円3,206.36 vs. price of 円2,624.00 (18.2% below fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the TSE:2429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


World Holdings Co Business Description

Address Hakata Station 2-1-1, Fukuoka Asahi Building, 6th Floor, Fukuoka, JPN, 802-0077
World Holdings Co Ltd is a Japan based company engaged in the human resource and education business, real estate business, Agricultural park business and information communication business. In the human resource and education business, the company offers contract and temporary placement services and management skills for manufacturing and contracting business to other companies. The real estate business area of the company comprises detached housing sales business, residential condominium sale business, property business, building management business and brokerage business.
81GF Score

Get the complete analysis for TSE:2429

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

円2,624.00
Price
円3,206.36
GF Value