Sankei Real Estate (TSE:2972) Asset Turnover: 0.03 (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2972 Sankei Real Estate Inc TSE:2972
59 GF Score
Price 円113,700.00
GF Value 円85,601.71
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Sankei Real Estate Asset Turnover?

Sankei Real Estate TSE:2972 -0.26% 59 Asset Turnover is 0.03 as of Feb. 2026. GuruFocus rates TSE:2972 with a GF Score™ of 59/100 and a GF Value™ of 円85,601.71 (Significantly Overvalued). The stock has 9 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. Sankei Real Estate's Revenue for the six months ended in Feb. 2026 was 円2,882 Mil. Sankei Real Estate's Total Assets for the quarter that ended in Feb. 2026 was 円102,124 Mil. Therefore, Sankei Real Estate's Asset Turnover for the quarter that ended in Feb. 2026 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Sankei Real Estate's annualized ROE % for the quarter that ended in Feb. 2026 was -16.71%. It is also linked to ROA % through Du Pont Formula. Sankei Real Estate's annualized ROA % for the quarter that ended in Feb. 2026 was -7.85%.


Sankei Real Estate  (TSE:2972) Asset Turnover Explanation

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

Sankei Real Estate's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=-8018.932/47982.299
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8018.932 / 5764.154)*(5764.154 / 102123.776)*(102123.776/ 47982.299)
=Net Margin %*Asset Turnover*Equity Multiplier
=-139.12 %*0.0564*2.1284
=ROA %*Equity Multiplier
=-7.85 %*2.1284
=-16.71 %

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:

Sankei Real Estate's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=-8018.932/102123.776
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-8018.932 / 5764.154)*(5764.154 / 102123.776)
=Net Margin %*Asset Turnover
=-139.12 %*0.0564
=-7.85 %

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.


Sankei Real Estate Asset Turnover Related Terms


Sankei Real Estate Asset Turnover Historical Data

* Premium members only.

The historical data trend for Sankei Real Estate'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.

Sankei Real Estate Asset Turnover Chart

Sankei Real Estate Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Asset Turnover
Get a 7-Day Free Trial 0.06 0.06 0.05 0.09 0.05

Sankei Real Estate Semi-Annual Data
Apr19 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 0.07 0.02 0.02 0.03 0.03

TSE:2972 vs BXP, ARE, VNO: Asset Turnover Comparison

For the REIT - Office subindustry, Sankei Real Estate'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.


Sankei Real Estate Asset Turnover vs REITs Industry

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

* The bar in red indicates where Sankei Real Estate's Asset Turnover falls into.


TSE:2972
59GF Score
Sankei Real Estate Inc TSE:2972
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sankei Real Estate Asset Turnover Calculation

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

Sankei Real Estate's Asset Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2025 )/( (Total Assets (A: Aug. 2024 )+Total Assets (A: Aug. 2025 ))/ count )
=5128.25/( (104878.112+104898.938)/ 2 )
=5128.25/104888.525
=0.05

Sankei Real Estate'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 )
=2882.077/( (104898.938+99348.614)/ 2 )
=2882.077/102123.776
=0.03

* 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 0.03 mean?
Sankei Real Estate (TSE:2972) has a Asset Turnover of 0.03 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sankei Real Estate and its competitors.
Is Sankei Real Estate's Asset Turnover too high?
Sankei Real Estate's current Asset Turnover is 0.03. Overall, Sankei Real Estate has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sankei Real Estate's Asset Turnover compare to BXP and ARE?
Sankei Real Estate's Asset Turnover of 0.03 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 Sankei Real Estate and its competitors. Sankei Real Estate's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sankei Real Estate stock overvalued right now?
Based on GuruFocus' analysis, Sankei Real Estate (TSE:2972) is currently considered Significantly Overvalued. The stock's GF Value™ is 円85,601.71, compared to a current price of 円113,700.00 — trading 32.8% above its estimated fair value. The current Asset Turnover is 0.03. Sankei Real Estate's overall GF Score™ is 59/100 with 9 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 Sankei Real Estate (TSE:2972), the current Asset Turnover is 0.03 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 Sankei Real Estate (TSE:2972) Overvalued in 2026?

Based on GuruFocus' analysis, Sankei Real Estate stock appears to be overvalued. The current stock price of 円113,700.00 is trading 32.8% above its estimated GF Value™ of 円85,601.71. GuruFocus considers Sankei Real Estate to be Significantly Overvalued.

Key valuation signals for TSE:2972:

  • Asset Turnover: 0.03
  • GF Value™: 円85,601.71 vs. price of 円113,700.00 (32.8% above fair value)
  • GF Score™: 59/100 with 9 warning signs

No single metric tells the full story. See the TSE:2972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sankei Real Estate Business Description

Industry Real EstateREITs
Address 2-3-4 Uchikanda, 4th floor, S-GATE Otemachi Kita, Chiyoda-ku, Tokyo, JPN, 100-0004
Sankei Real Estate Inc is a Japanese based J-REIT. The company is engaged in the leasing of real estate properties, and owns office buildings.
59GF Score

Get the complete analysis for TSE:2972

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

円113,700.00
Price
円85,601.71
GF Value