J Frontier Co (TSE:2934) Asset Turnover: 0.61 (As of Nov. 2025)


TSE:2934 J Frontier Co Ltd TSE:2934
68 GF Score
Price 円1,582.00
GF Value 円2,749.03
Valuation Significantly Undervalued
! 7 Warning Signs
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What is J Frontier Co Asset Turnover?

J Frontier Co TSE:2934 +0.57% 68 Asset Turnover is 0.61 as of Nov. 2025. GuruFocus rates TSE:2934 with a GF Score™ of 68/100 and a GF Value™ of 円2,749.03 (Significantly Undervalued). The stock has 7 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. J Frontier Co's Revenue for the three months ended in Nov. 2025 was 円5,675 Mil. J Frontier Co's Total Assets for the quarter that ended in Nov. 2025 was 円9,342 Mil. Therefore, J Frontier Co's Asset Turnover for the quarter that ended in Nov. 2025 was 0.61.

Asset Turnover is linked to ROE % through Du Pont Formula. J Frontier Co's annualized ROE % for the quarter that ended in Nov. 2025 was -44.73%. It is also linked to ROA % through Du Pont Formula. J Frontier Co's annualized ROA % for the quarter that ended in Nov. 2025 was -6.65%.


J Frontier Co  (TSE:2934) Asset Turnover Explanation

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

J Frontier Co's annulized ROE % for the quarter that ended in Nov. 2025 is

ROE %**(Q: Nov. 2025 )
=Net Income/Total Stockholders Equity
=-621.524/1389.4505
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-621.524 / 22699.732)*(22699.732 / 9341.994)*(9341.994/ 1389.4505)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.74 %*2.4299*6.7235
=ROA %*Equity Multiplier
=-6.65 %*6.7235
=-44.73 %

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

J Frontier Co's annulized ROA % for the quarter that ended in Nov. 2025 is

ROA %(Q: Nov. 2025 )
=Net Income/Total Assets
=-621.524/9341.994
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-621.524 / 22699.732)*(22699.732 / 9341.994)
=Net Margin %*Asset Turnover
=-2.74 %*2.4299
=-6.65 %

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


J Frontier Co Asset Turnover Related Terms


J Frontier Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for J Frontier 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.

J Frontier Co Asset Turnover Chart

J Frontier Co Annual Data
Trend May19 May20 May21 May22 May23 May24 May25
Asset Turnover
Get a 7-Day Free Trial 3.67 2.73 2.53 1.90 2.09

J Frontier Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 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 0.61 0.57 0.56 0.61 0.56

J Frontier Co Asset Turnover Competitor Comparison

For the Pharmaceutical Retailers subindustry, J Frontier 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.


J Frontier Co Asset Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, J Frontier Co's Asset Turnover distribution charts can be found below:

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


TSE:2934
68GF Score
J Frontier Co Ltd TSE:2934
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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J Frontier Co Asset Turnover Calculation

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

J Frontier Co's Asset Turnover for the fiscal year that ended in May. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2025 )/( (Total Assets (A: May. 2024 )+Total Assets (A: May. 2025 ))/ count )
=21504.496/( (11412.075+9172.78)/ 2 )
=21504.496/10292.4275
=2.09

J Frontier Co's Asset Turnover for the quarter that ended in Nov. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2025 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Nov. 2025 ))/ count )
=5674.933/( (8827.017+9856.971)/ 2 )
=5674.933/9341.994
=0.61

* 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 0.61 mean?
J Frontier Co (TSE:2934) has a Asset Turnover of 0.61 as of Nov. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on J Frontier Co and its competitors.
Is J Frontier Co's Asset Turnover too high?
J Frontier Co's current Asset Turnover is 0.61. Overall, J Frontier Co has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does J Frontier Co's Asset Turnover compare to competitors?
J Frontier Co's Asset Turnover of 0.61 can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good Asset Turnover depends on the Healthcare Providers & 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 J Frontier Co and its competitors. J Frontier Co's current Asset Turnover is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J Frontier Co stock overvalued right now?
Based on GuruFocus' analysis, J Frontier Co (TSE:2934) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,749.03, compared to a current price of 円1,582.00 — trading 42.5% below its estimated fair value. The current Asset Turnover is 0.61. J Frontier Co's overall GF Score™ is 68/100 with 7 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 J Frontier Co (TSE:2934), the current Asset Turnover is 0.61 as of Nov. 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 J Frontier Co (TSE:2934) Overvalued in 2026?

Based on GuruFocus' analysis, J Frontier Co stock appears to be undervalued. The current stock price of 円1,582.00 is trading 42.5% below its estimated GF Value™ of 円2,749.03. GuruFocus considers J Frontier Co to be Significantly Undervalued.

Key valuation signals for TSE:2934:

  • Asset Turnover: 0.61
  • GF Value™: 円2,749.03 vs. price of 円1,582.00 (42.5% below fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the TSE:2934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


J Frontier Co Business Description

Other Exchanges R0L:Germany
Address 2-9-9 Shibuya, SANWA Aoyama Building, 8th floor, Shibuya-ku, Tokyo, JPN, 150-0002
J Frontier Co Ltd is engaged in the healthcare sales business, medical care sales business and healthcare marketing business.
68GF Score

Get the complete analysis for TSE:2934

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

円1,582.00
Price
円2,749.03
GF Value