FORLIFE Co (TSE:3477) Asset Turnover: 0.95 (As of Mar. 2026)


TSE:3477 FORLIFE Co Ltd TSE:3477
78 GF Score
Price 円834.00
GF Value 円784.25
Valuation Fairly Valued
! 5 Warning Signs
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What is FORLIFE Co Asset Turnover?

FORLIFE Co TSE:3477 +0.24% 78 Asset Turnover is 0.95 as of Mar. 2026. GuruFocus rates TSE:3477 with a GF Score™ of 78/100 and a GF Value™ of 円784.25 (Fairly Valued). 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. FORLIFE Co's Revenue for the six months ended in Mar. 2026 was 円9,931 Mil. FORLIFE Co's Total Assets for the quarter that ended in Mar. 2026 was 円10,482 Mil. Therefore, FORLIFE Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.95.

Asset Turnover is linked to ROE % through Du Pont Formula. FORLIFE Co's annualized ROE % for the quarter that ended in Mar. 2026 was 18.34%. It is also linked to ROA % through Du Pont Formula. FORLIFE Co's annualized ROA % for the quarter that ended in Mar. 2026 was 7.33%.


FORLIFE Co  (TSE:3477) Asset Turnover Explanation

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

FORLIFE Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=768.446/4191.122
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(768.446 / 19861.824)*(19861.824 / 10481.746)*(10481.746/ 4191.122)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.87 %*1.8949*2.5009
=ROA %*Equity Multiplier
=7.33 %*2.5009
=18.34 %

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

FORLIFE Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=768.446/10481.746
=(Net Income / Revenue)*(Revenue / Total Assets)
=(768.446 / 19861.824)*(19861.824 / 10481.746)
=Net Margin %*Asset Turnover
=3.87 %*1.8949
=7.33 %

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


FORLIFE Co Asset Turnover Related Terms


FORLIFE Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for FORLIFE 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.

FORLIFE Co Asset Turnover Chart

FORLIFE Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.76 1.71 1.69 1.74

FORLIFE Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.91 0.71 0.91 0.75 0.95

TSE:3477 vs DHI, PHM, LEN: Asset Turnover Comparison

For the Residential Construction subindustry, FORLIFE 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.


FORLIFE Co Asset Turnover vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, FORLIFE Co's Asset Turnover distribution charts can be found below:

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


TSE:3477
78GF Score
FORLIFE Co Ltd TSE:3477
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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FORLIFE Co Asset Turnover Calculation

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

FORLIFE Co's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=17476.174/( (9618.86+10521.179)/ 2 )
=17476.174/10070.0195
=1.74

FORLIFE Co's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=9930.912/( (10442.313+10521.179)/ 2 )
=9930.912/10481.746
=0.95

* 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 0.95 mean?
FORLIFE Co (TSE:3477) has a Asset Turnover of 0.95 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on FORLIFE Co and its competitors.
Is FORLIFE Co's Asset Turnover too high?
FORLIFE Co's current Asset Turnover is 0.95. Overall, FORLIFE Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FORLIFE Co's Asset Turnover compare to DHI and PHM?
FORLIFE Co's Asset Turnover of 0.95 can be compared against companies in the Homebuilding & Construction 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 Homebuilding & Construction company?
A good Asset Turnover depends on the Homebuilding & Construction 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 FORLIFE Co and its competitors. FORLIFE Co's current Asset Turnover is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FORLIFE Co stock overvalued right now?
Based on GuruFocus' analysis, FORLIFE Co (TSE:3477) is currently considered Fairly Valued. The stock's GF Value™ is 円784.25, compared to a current price of 円834.00 — trading 6.3% above its estimated fair value. The current Asset Turnover is 0.95. FORLIFE Co's overall GF Score™ is 78/100 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 FORLIFE Co (TSE:3477), the current Asset Turnover is 0.95 as of Mar. 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 FORLIFE Co (TSE:3477) Overvalued in 2026?

Based on GuruFocus' analysis, FORLIFE Co stock appears to be overvalued. The current stock price of 円834.00 is trading 6.3% above its estimated GF Value™ of 円784.25. GuruFocus considers FORLIFE Co to be Fairly Valued.

Key valuation signals for TSE:3477:

  • Asset Turnover: 0.95
  • GF Value™: 円784.25 vs. price of 円834.00 (6.3% above fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the TSE:3477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FORLIFE Co Business Description

Address 1-4-11 Okurayama, Kohoku-ku, Kanagawa Prefecture, FORLIFE Okurayama Publishing Building, Yubinbango, Yokohama, JPN, 222-0037
FORLIFE Co Ltd is a Japanese firm. It builds and sells ordered housing and manufactured housing. It also provides leasing business. It has a consultation and finance business.
78GF Score

Get the complete analysis for TSE:3477

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

円834.00
Price
円784.25
GF Value