Digital Plus (TSE:3691) Asset Turnover: 0.19 (As of Mar. 2026)


TSE:3691 Digital Plus Inc TSE:3691
54 GF Score
Price 円1,548.00
GF Value 円989.58
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Digital Plus Asset Turnover?

Digital Plus TSE:3691 -1.78% 54 Asset Turnover is 0.19 as of Mar. 2026. GuruFocus rates TSE:3691 with a GF Score™ of 54/100 and a GF Value™ of 円989.58 (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. Digital Plus's Revenue for the six months ended in Mar. 2026 was 円731 Mil. Digital Plus's Total Assets for the quarter that ended in Mar. 2026 was 円3,899 Mil. Therefore, Digital Plus's Asset Turnover for the quarter that ended in Mar. 2026 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Digital Plus's annualized ROE % for the quarter that ended in Mar. 2026 was -11.11%. It is also linked to ROA % through Du Pont Formula. Digital Plus's annualized ROA % for the quarter that ended in Mar. 2026 was -2.35%.

Digital Plus  (TSE:3691) Asset Turnover Explanation

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

Digital Plus's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-91.514/823.412
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-91.514 / 1461.296)*(1461.296 / 3898.5015)*(3898.5015/ 823.412)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.26 %*0.3748*4.7346
=ROA %*Equity Multiplier
=-2.35 %*4.7346
=-11.11 %

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:

Digital Plus's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-91.514/3898.5015
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-91.514 / 1461.296)*(1461.296 / 3898.5015)
=Net Margin %*Asset Turnover
=-6.26 %*0.3748
=-2.35 %

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.

Digital Plus Asset Turnover Related Terms

Digital Plus Asset Turnover Historical Data

* Premium members only.

The historical data trend for Digital Plus'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.

Digital Plus Asset Turnover Chart

Digital Plus Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.43 0.40 0.42 0.33

Digital Plus 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 0.25 0.22 0.18 0.15 0.19

TSE:3691 vs GOOGL, META, SPOT: Asset Turnover Comparison

For the Internet Content & Information subindustry, Digital Plus'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.

Digital Plus Asset Turnover vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Digital Plus's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Digital Plus's Asset Turnover falls into.


TSE:3691
54GF Score
Digital Plus Inc TSE:3691
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Digital Plus Asset Turnover Calculation

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

Digital Plus's Asset Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=933.135/( (2335.77+3331.533)/ 2 )
=933.135/2833.6515
=0.33

Digital Plus'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 )
=730.648/( (3331.533+4465.47)/ 2 )
=730.648/3898.5015
=0.19

* 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 0.19 mean?
Digital Plus (TSE:3691) has a Asset Turnover of 0.19 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Digital Plus and its competitors.
Is Digital Plus' Asset Turnover too high?
Digital Plus' current Asset Turnover is 0.19. Overall, Digital Plus has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Plus' Asset Turnover compare to GOOGL and META?
Digital Plus' Asset Turnover of 0.19 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Asset Turnover depends on the Interactive Media 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 Digital Plus and its competitors. Digital Plus's current Asset Turnover is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Plus stock overvalued right now?
Based on GuruFocus' analysis, Digital Plus (TSE:3691) is currently considered Significantly Overvalued. The stock's GF Value™ is 円989.58, compared to a current price of 円1,548.00 — trading 56.4% above its estimated fair value. The current Asset Turnover is 0.19. Digital Plus' overall GF Score™ is 54/100 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 Digital Plus (TSE:3691), the current Asset Turnover is 0.19 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 Digital Plus (TSE:3691) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Plus stock appears to be overvalued. The current stock price of 円1,548.00 is trading 56.4% above its estimated GF Value™ of 円989.58. GuruFocus considers Digital Plus to be Significantly Overvalued.

Key valuation signals for TSE:3691:

  • Asset Turnover: 0.19
  • GF Value™: 円989.58 vs. price of 円1,548.00 (56.4% above fair value)
  • GF Score™: 54/100 with 9 warning signs

No single metric tells the full story. See the TSE:3691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Digital Plus Business Description

Address 30-13 Motoyoyogi-cho, Tokyo ONEST Motoyoyogi Square, Shibuya-ku, JPN, 151-0062
Digital Plus Inc formerly Realworld Inc provides crowd sourcing services. The Company also offers cloud media and point exchange services. The Group is comprises of service segments based on business divisions that provide different services, with two reportable segments being the Digital Marketing Business and the FinTech Business. Digital marketing segments manages advertising agency, solution development and sales, consulting services Owned media management and alliance media management. The Fintech includes operation of Digital wallet, application of new technologies such as the blockchain used in Bitcoin, business development in the financial field such as investment, factoring.
54GF Score

Get the complete analysis for TSE:3691

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

円1,548.00
Price
円989.58
GF Value