Ichigo Hotel REIT Investment (TSE:3463) Asset Turnover: 0.04 (As of Jan. 2026)


TSE:3463 Ichigo Hotel REIT Investment Corp TSE:3463
66 GF Score
Price 円118,800.00
GF Value 円168,081.11
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ichigo Hotel REIT Investment Asset Turnover?

Ichigo Hotel REIT Investment TSE:3463 -0.25% 66 Asset Turnover is 0.04 as of Jan. 2026. GuruFocus rates TSE:3463 with a GF Score™ of 66/100 and a GF Value™ of 円168,081.11 (Modestly Undervalued). The stock has 5 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. Ichigo Hotel REIT Investment's Revenue for the six months ended in Jan. 2026 was 円3,149 Mil. Ichigo Hotel REIT Investment's Total Assets for the quarter that ended in Jan. 2026 was 円80,228 Mil. Therefore, Ichigo Hotel 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. Ichigo Hotel REIT Investment's annualized ROE % for the quarter that ended in Jan. 2026 was 6.60%. It is also linked to ROA % through Du Pont Formula. Ichigo Hotel REIT Investment's annualized ROA % for the quarter that ended in Jan. 2026 was 3.38%.


Ichigo Hotel REIT Investment  (TSE:3463) Asset Turnover Explanation

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

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

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=2709.036/41063.922
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2709.036 / 6297.258)*(6297.258 / 80228.271)*(80228.271/ 41063.922)
=Net Margin %*Asset Turnover*Equity Multiplier
=43.02 %*0.0785*1.9537
=ROA %*Equity Multiplier
=3.38 %*1.9537
=6.60 %

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:

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

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=2709.036/80228.271
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2709.036 / 6297.258)*(6297.258 / 80228.271)
=Net Margin %*Asset Turnover
=43.02 %*0.0785
=3.38 %

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.


Ichigo Hotel REIT Investment Asset Turnover Related Terms


Ichigo Hotel REIT Investment Asset Turnover Historical Data

* Premium members only.

The historical data trend for Ichigo Hotel 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.

Ichigo Hotel REIT Investment Asset Turnover Chart

Ichigo Hotel REIT Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.06 0.07 0.11

Ichigo Hotel REIT Investment Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 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 Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.07 0.04 0.04

TSE:3463 vs HST, RHP, APLE: Asset Turnover Comparison

For the REIT - Hotel & Motel subindustry, Ichigo Hotel 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.


Ichigo Hotel REIT Investment Asset Turnover vs REITs Industry

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

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


TSE:3463
66GF Score
Ichigo Hotel REIT Investment Corp TSE:3463
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ichigo Hotel REIT Investment Asset Turnover Calculation

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

Ichigo Hotel 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 )
=8282.239/( (74935.606+79165.593)/ 2 )
=8282.239/77050.5995
=0.11

Ichigo Hotel 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 )
=3148.629/( (79165.593+81290.949)/ 2 )
=3148.629/80228.271
=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?
Ichigo Hotel REIT Investment (TSE:3463) 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 Ichigo Hotel REIT Investment and its competitors.
Is Ichigo Hotel REIT Investment's Asset Turnover too high?
Ichigo Hotel REIT Investment's current Asset Turnover is 0.04. Overall, Ichigo Hotel REIT Investment has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ichigo Hotel REIT Investment's Asset Turnover compare to HST and RHP?
Ichigo Hotel 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 Ichigo Hotel REIT Investment and its competitors. Ichigo Hotel 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 Ichigo Hotel REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Ichigo Hotel REIT Investment (TSE:3463) is currently considered Modestly Undervalued. The stock's GF Value™ is 円168,081.11, compared to a current price of 円118,800.00 — trading 29.3% below its estimated fair value. The current Asset Turnover is 0.04. Ichigo Hotel REIT Investment's overall GF Score™ is 66/100 with 5 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 Ichigo Hotel REIT Investment (TSE:3463), 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 Ichigo Hotel REIT Investment (TSE:3463) Overvalued in 2026?

Based on GuruFocus' analysis, Ichigo Hotel REIT Investment stock appears to be undervalued. The current stock price of 円118,800.00 is trading 29.3% below its estimated GF Value™ of 円168,081.11. GuruFocus considers Ichigo Hotel REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:3463:

  • Asset Turnover: 0.04
  • GF Value™: 円168,081.11 vs. price of 円118,800.00 (29.3% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the TSE:3463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichigo Hotel REIT Investment Business Description

Industry Real EstateREITs
Address Marunouchi Park Building, 2-6-1 Marunouchi, 20th floor, Chiyoda-ku, Tokyo, JPN, 100-6920
Ichigo Hotel REIT Investment Corp operates as a real estate investment trust (REIT) investing in hotel properties. Its investment portfolio includes hotel properties in Sapporo, Kushiro, Yokohama, Tokyo, Hamamatsu, Nagoya, Tokoname, Suzuka, Kyoto, Kobe, Okayama, Osaka, Matsuyama, Hiroshima, Fukuoka and Okinawa.
66GF Score

Get the complete analysis for TSE:3463

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

円118,800.00
Price
円168,081.11
GF Value