JM Holdings Co (TSE:3539) Asset Turnover: 0.69 (As of Jan. 2026)


TSE:3539 JM Holdings Co Ltd TSE:3539
77 GF Score
Price 円1,261.00
GF Value 円1,453.10
Valuation Modestly Undervalued
! 2 Warning Signs
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What is JM Holdings Co Asset Turnover?

JM Holdings Co TSE:3539 -0.55% 77 Asset Turnover is 0.69 as of Jan. 2026. GuruFocus rates TSE:3539 with a GF Score™ of 77/100 and a GF Value™ of 円1,453.10 (Modestly Undervalued). The stock has 2 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. JM Holdings Co's Revenue for the three months ended in Jan. 2026 was 円53,503 Mil. JM Holdings Co's Total Assets for the quarter that ended in Jan. 2026 was 円77,946 Mil. Therefore, JM Holdings Co's Asset Turnover for the quarter that ended in Jan. 2026 was 0.69.

Asset Turnover is linked to ROE % through Du Pont Formula. JM Holdings Co's annualized ROE % for the quarter that ended in Jan. 2026 was 17.01%. It is also linked to ROA % through Du Pont Formula. JM Holdings Co's annualized ROA % for the quarter that ended in Jan. 2026 was 10.07%.


JM Holdings Co  (TSE:3539) Asset Turnover Explanation

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

JM Holdings Co's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=7852/46149.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7852 / 214012)*(214012 / 77946)*(77946/ 46149.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.67 %*2.7456*1.689
=ROA %*Equity Multiplier
=10.07 %*1.689
=17.01 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (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:

JM Holdings Co's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=7852/77946
=(Net Income / Revenue)*(Revenue / Total Assets)
=(7852 / 214012)*(214012 / 77946)
=Net Margin %*Asset Turnover
=3.67 %*2.7456
=10.07 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (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.


JM Holdings Co Asset Turnover Related Terms


JM Holdings Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for JM Holdings 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.

JM Holdings Co Asset Turnover Chart

JM Holdings Co 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 2.49 2.47 2.49 2.52 2.59

JM Holdings Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.66 0.66 0.65 0.69 0.63

TSE:3539 vs KR: Asset Turnover Comparison

For the Grocery Stores subindustry, JM Holdings 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.


JM Holdings Co Asset Turnover vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, JM Holdings Co's Asset Turnover distribution charts can be found below:

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


TSE:3539
77GF Score
JM Holdings Co Ltd TSE:3539
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JM Holdings Co Asset Turnover Calculation

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

JM Holdings Co'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 )
=186207/( (71359+72721)/ 2 )
=186207/72040
=2.58

JM Holdings Co'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: Oct. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=53503/( (74572+81320)/ 2 )
=53503/77946
=0.69

* 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 0.69 mean?
JM Holdings Co (TSE:3539) has a Asset Turnover of 0.69 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on JM Holdings Co and its competitors.
Is JM Holdings Co's Asset Turnover too high?
JM Holdings Co's current Asset Turnover is 0.69. Overall, JM Holdings Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JM Holdings Co's Asset Turnover compare to KR?
JM Holdings Co's Asset Turnover of 0.69 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Asset Turnover depends on the Retail - Defensive 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 JM Holdings Co and its competitors. JM Holdings Co's current Asset Turnover is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JM Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, JM Holdings Co (TSE:3539) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,453.10, compared to a current price of 円1,261.00 — trading 13.2% below its estimated fair value. The current Asset Turnover is 0.69. JM Holdings Co's overall GF Score™ is 77/100 with 2 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 JM Holdings Co (TSE:3539), the current Asset Turnover is 0.69 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 JM Holdings Co (TSE:3539) Overvalued in 2026?

Based on GuruFocus' analysis, JM Holdings Co stock appears to be undervalued. The current stock price of 円1,261.00 is trading 13.2% below its estimated GF Value™ of 円1,453.10. GuruFocus considers JM Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:3539:

  • Asset Turnover: 0.69
  • GF Value™: 円1,453.10 vs. price of 円1,261.00 (13.2% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the TSE:3539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JM Holdings Co Business Description

Address Tsuchiura-shi wholesale Town 2-3, 30 Ibaraki prefecture, Ibaraki, JPN, 300-0847
JM Holdings Co Ltd operates food supermarkets that retail meat products, fresh vegetables, fishes and other daily food products. The company also manages beef barbecue restaurants. It offers meat products, including meat processed goods, and frozen and refrigerated processed products, as well as meat of cow, chicken, and ham, as well as pork; food products comprising seasonings, processed foods, rice, bread, sake, noodles, eggs, dairy products; and vegetables, fruits, vegetables and fruits processed products, fresh juices, and cakes. It also provides fish products, sushi, dried fish, seaweed, shellfish, crustaceans, marine processing; and prepared foods, including lunch and fried foods, and tonkatsu, as well as salads, boiled foods, pottery, steamed foods.
77GF Score

Get the complete analysis for TSE:3539

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

円1,261.00
Price
円1,453.10
GF Value