Netyear Group (TSE:3622) Asset Turnover: 0.62 (As of Mar. 2026)

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TSE:3622 Netyear Group Corp TSE:3622
55 GF Score
Price 円500.00
GF Value 円566.38
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Netyear Group Asset Turnover?

Netyear Group TSE:3622 -0.20% 55 Asset Turnover is 0.62 as of Mar. 2026. GuruFocus rates TSE:3622 with a GF Score™ of 55/100 and a GF Value™ of 円566.38 (Modestly Undervalued). The stock has 1 warning sign 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. Netyear Group's Revenue for the six months ended in Mar. 2026 was 円2,016 Mil. Netyear Group's Total Assets for the quarter that ended in Mar. 2026 was 円3,266 Mil. Therefore, Netyear Group's Asset Turnover for the quarter that ended in Mar. 2026 was 0.62.

Asset Turnover is linked to ROE % through Du Pont Formula. Netyear Group's annualized ROE % for the quarter that ended in Mar. 2026 was 8.65%. It is also linked to ROA % through Du Pont Formula. Netyear Group's annualized ROA % for the quarter that ended in Mar. 2026 was 7.19%.


Netyear Group  (TSE:3622) Asset Turnover Explanation

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

Netyear Group's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=234.878/2714.88
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(234.878 / 4032.758)*(4032.758 / 3265.9105)*(3265.9105/ 2714.88)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.82 %*1.2348*1.203
=ROA %*Equity Multiplier
=7.19 %*1.203
=8.65 %

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:

Netyear Group's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=234.878/3265.9105
=(Net Income / Revenue)*(Revenue / Total Assets)
=(234.878 / 4032.758)*(4032.758 / 3265.9105)
=Net Margin %*Asset Turnover
=5.82 %*1.2348
=7.19 %

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.


Netyear Group Asset Turnover Related Terms


Netyear Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Netyear Group'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.

Netyear Group Asset Turnover Chart

Netyear Group 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 1.26 1.24 1.14 1.07 1.12

Netyear Group 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 0.63 0.49 0.62 0.53 0.62

TSE:3622 vs APP, OMC, TTD: Asset Turnover Comparison

For the Advertising Agencies subindustry, Netyear Group'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.


Netyear Group Asset Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Netyear Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Netyear Group's Asset Turnover falls into.


TSE:3622
55GF Score
Netyear Group Corp TSE:3622
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Netyear Group Asset Turnover Calculation

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

Netyear Group'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 )
=3672.504/( (3135.832+3428.525)/ 2 )
=3672.504/3282.1785
=1.12

Netyear Group'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 )
=2016.379/( (3103.296+3428.525)/ 2 )
=2016.379/3265.9105
=0.62

* 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 0.62 mean?
Netyear Group (TSE:3622) has a Asset Turnover of 0.62 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Netyear Group and its competitors.
Is Netyear Group's Asset Turnover too high?
Netyear Group's current Asset Turnover is 0.62. Overall, Netyear Group has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netyear Group's Asset Turnover compare to APP and OMC?
Netyear Group's Asset Turnover of 0.62 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Asset Turnover depends on the Media - Diversified 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 Netyear Group and its competitors. Netyear Group's current Asset Turnover is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netyear Group stock overvalued right now?
Based on GuruFocus' analysis, Netyear Group (TSE:3622) is currently considered Modestly Undervalued. The stock's GF Value™ is 円566.38, compared to a current price of 円500.00 — trading 11.7% below its estimated fair value. The current Asset Turnover is 0.62. Netyear Group's overall GF Score™ is 55/100 with 1 warning sign 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 Netyear Group (TSE:3622), the current Asset Turnover is 0.62 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 Netyear Group (TSE:3622) Overvalued in 2026?

Based on GuruFocus' analysis, Netyear Group stock appears to be undervalued. The current stock price of 円500.00 is trading 11.7% below its estimated GF Value™ of 円566.38. GuruFocus considers Netyear Group to be Modestly Undervalued.

Key valuation signals for TSE:3622:

  • Asset Turnover: 0.62
  • GF Value™: 円566.38 vs. price of 円500.00 (11.7% below fair value)
  • GF Score™: 55/100 with 1 warning sign

No single metric tells the full story. See the TSE:3622 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Netyear Group Business Description

Address 2-15-2 KR, Chuo-ku, Ginza 2-chome Building, Tokyo, JPN, 104-0061
Netyear Group Corp is developing innovative marketing solutions using generative AI. By making full use of digital technology with a thorough user perspective, the company effectively introduce generative AI into digital marketing consulting, digital content planning and production, system development, marketing tools, and more, to support the evolution of corporate management and enhanced engagement with end users.
55GF Score

Get the complete analysis for TSE:3622

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

円500.00
Price
円566.38
GF Value