ESCON Japan REIT Investment (TSE:2971) Asset Turnover: 0.04 (As of Jan. 2026)

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TSE:2971 ESCON Japan REIT Investment Corp TSE:2971
60 GF Score
Price 円111,800.00
GF Value 円134,535.91
Valuation Modestly Undervalued
! 7 Warning Signs
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What is ESCON Japan REIT Investment Asset Turnover?

ESCON Japan REIT Investment TSE:2971 -1.32% 60 Asset Turnover is 0.04 as of Jan. 2026. GuruFocus rates TSE:2971 with a GF Score™ of 60/100 and a GF Value™ of 円134,535.91 (Modestly 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. ESCON Japan REIT Investment's Revenue for the six months ended in Jan. 2026 was 円3,032 Mil. ESCON Japan REIT Investment's Total Assets for the quarter that ended in Jan. 2026 was 円79,087 Mil. Therefore, ESCON Japan REIT Investment's Asset Turnover for the quarter that ended in Jan. 2026 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. ESCON Japan REIT Investment's annualized ROE % for the quarter that ended in Jan. 2026 was 6.45%. It is also linked to ROA % through Du Pont Formula. ESCON Japan REIT Investment's annualized ROA % for the quarter that ended in Jan. 2026 was 3.30%.


ESCON Japan REIT Investment  (TSE:2971) Asset Turnover Explanation

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

ESCON Japan REIT Investment's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=2607.498/40452.314
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2607.498 / 6064.53)*(6064.53 / 79086.6645)*(79086.6645/ 40452.314)
=Net Margin %*Asset Turnover*Equity Multiplier
=43 %*0.0767*1.9551
=ROA %*Equity Multiplier
=3.30 %*1.9551
=6.45 %

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

ESCON Japan REIT Investment's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=2607.498/79086.6645
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2607.498 / 6064.53)*(6064.53 / 79086.6645)
=Net Margin %*Asset Turnover
=43 %*0.0767
=3.30 %

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


ESCON Japan REIT Investment Asset Turnover Related Terms


ESCON Japan REIT Investment Asset Turnover Historical Data

* Premium members only.

The historical data trend for ESCON Japan REIT Investment'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.

ESCON Japan REIT Investment Asset Turnover Chart

ESCON Japan REIT Investment Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Asset Turnover
Get a 7-Day Free Trial 0.07 0.08 0.07 0.07 0.08

ESCON Japan REIT Investment Semi-Annual Data
Oct17 Apr18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.03 0.04 0.04 0.04 0.04

TSE:2971 vs SPG, O, KIM: Asset Turnover Comparison

For the REIT - Retail subindustry, ESCON Japan REIT Investment'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.


ESCON Japan REIT Investment Asset Turnover vs REITs Industry

For the REITs industry and Real Estate sector, ESCON Japan REIT Investment's Asset Turnover distribution charts can be found below:

* The bar in red indicates where ESCON Japan REIT Investment's Asset Turnover falls into.


TSE:2971
60GF Score
ESCON Japan REIT Investment Corp TSE:2971
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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ESCON Japan REIT Investment Asset Turnover Calculation

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

ESCON Japan REIT Investment's Asset Turnover for the fiscal year that ended in Jul. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2025 )/( (Total Assets (A: Jul. 2024 )+Total Assets (A: Jul. 2025 ))/ count )
=5919.119/( (76770.047+77173.751)/ 2 )
=5919.119/76971.899
=0.08

ESCON Japan REIT Investment's Asset Turnover for the quarter that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Jul. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=3032.265/( (77173.751+80999.578)/ 2 )
=3032.265/79086.6645
=0.04

* 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 0.04 mean?
ESCON Japan REIT Investment (TSE:2971) has a Asset Turnover of 0.04 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on ESCON Japan REIT Investment and its competitors.
Is ESCON Japan REIT Investment's Asset Turnover too high?
ESCON Japan REIT Investment's current Asset Turnover is 0.04. Overall, ESCON Japan REIT Investment has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ESCON Japan REIT Investment's Asset Turnover compare to SPG and O?
ESCON Japan REIT Investment's Asset Turnover of 0.04 can be compared against companies in the REITs 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 REITs company?
A good Asset Turnover depends on the REITs 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 ESCON Japan REIT Investment and its competitors. ESCON Japan REIT Investment's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ESCON Japan REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, ESCON Japan REIT Investment (TSE:2971) is currently considered Modestly Undervalued. The stock's GF Value™ is 円134,535.91, compared to a current price of 円111,800.00 — trading 16.9% below its estimated fair value. The current Asset Turnover is 0.04. ESCON Japan REIT Investment's overall GF Score™ is 60/100 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 ESCON Japan REIT Investment (TSE:2971), the current Asset Turnover is 0.04 as of Jan. 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 ESCON Japan REIT Investment (TSE:2971) Overvalued in 2026?

Based on GuruFocus' analysis, ESCON Japan REIT Investment stock appears to be undervalued. The current stock price of 円111,800.00 is trading 16.9% below its estimated GF Value™ of 円134,535.91. GuruFocus considers ESCON Japan REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:2971:

  • Asset Turnover: 0.04
  • GF Value™: 円134,535.91 vs. price of 円111,800.00 (16.9% below fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the TSE:2971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ESCON Japan REIT Investment Business Description

Industry Real EstateREITs
Address Okura Prestige Tower 20F, 2-10-4 Toranomon, Minato-ku, Tokyo, JPN, 105-0001
ESCON Japan REIT Investment Corp is a Japanese real estate investment trust that invests in lifestyle-related assets. Its main investment is leasehold land properties known as "sokochi," with stable, high-quality commercial facilities occupying the site.
60GF Score

Get the complete analysis for TSE:2971

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

円111,800.00
Price
円134,535.91
GF Value