Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. FreeBit Co's Revenue for the
three
months ended in Oct. 2025 was 円15,622 Mil. FreeBit Co's Total Assets for the quarter that ended in Oct. 2025 was 円38,690 Mil. Therefore, FreeBit Co's Asset Turnover for the quarter that ended in Oct. 2025 was 0.40.
Asset Turnover is linked to ROE % through Du Pont Formula. FreeBit Co's annualizedROE % for the quarter that ended in Oct. 2025 was 64.73%. It is also linked to ROA % through Du Pont Formula. FreeBit Co's annualizedROA % for the quarter that ended in Oct. 2025 was 12.48%.
FreeBit Co (TSE:3843) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
FreeBit Co's annulizedROE % for the quarter that ended in Oct. 2025 is
Note:
The Net Income data used here is four times the quarterly (Oct. 2025) net income data. The Revenue data used here is four times the quarterly (Oct. 2025) 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:
FreeBit Co's annulizedROA % for the quarter that ended in Oct. 2025 is
Note:
The Net Income data used here is four times the quarterly (Oct. 2025) net income data. The Revenue data used here is four times the quarterly (Oct. 2025) 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.
FreeBit Co Asset Turnover Related Terms
FreeBit Co Asset Turnover Historical Data
* Premium members only.
The historical data trend for FreeBit 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.
TSE:3843 vs GOOGL, META, SPOT: Asset Turnover Comparison
For the Internet Content & Information subindustry, FreeBit 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.
FreeBit Co Asset Turnover vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, FreeBit Co's Asset Turnover distribution charts can be found below:
* The bar in red indicates where FreeBit Co's Asset Turnover falls into.
* 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.
FreeBit Co (TSE:3843) has a Asset Turnover of 0.40 as of Oct. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on FreeBit Co and its competitors.
Is FreeBit Co's Asset Turnover too high?
FreeBit Co's current Asset Turnover is 0.40. Overall, FreeBit Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FreeBit Co's Asset Turnover compare to GOOGL and META?
FreeBit Co's Asset Turnover of 0.40 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 FreeBit Co and its competitors. FreeBit Co's current Asset Turnover is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FreeBit Co stock overvalued right now?
Based on GuruFocus' analysis, FreeBit Co (TSE:3843) is currently considered Fairly Valued. The stock's GF Value™ is 円1,485.02, compared to a current price of 円1,600.00 — trading 7.7% above its estimated fair value. The current Asset Turnover is 0.40. FreeBit Co's overall GF Score™ is 79/100 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 FreeBit Co (TSE:3843), the current Asset Turnover is 0.40 as of Oct. 2025. 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 FreeBit Co (TSE:3843) Overvalued in 2026?
Based on GuruFocus' analysis, FreeBit Co stock appears to be overvalued.
The current stock price of 円1,600.00 is trading 7.7% above its estimated GF Value™ of 円1,485.02.
GuruFocus considers FreeBit Co to be Fairly Valued.
Key valuation signals for TSE:3843:
Asset Turnover: 0.40
GF Value™: 円1,485.02 vs. price of 円1,600.00 (7.7% above fair value)
No single metric tells the full story. See the TSE:3843 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FreeBit Co Ltd provides Internet-related services mainly to corporations and individuals, in areas such as development of core Internet technologies and the operation of large-scale systems. The group's reportable segments are 5G infrastructure support business, 5G lifestyle support business, and 5G DX support business for companies and creators. Maximum revenue is generated from the 5G lifestyle support business, which provides mobile communication services for individuals, internet connection services for individuals and collective housing, and company housing management services. The 5G infrastructure support business provides business support services for ISPs, MVNOs (MVNE), and corporations, and the 5G DX support business offers online marketing and ad technology-related services.
79GF Score
Get the complete analysis for TSE:3843
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3843 has been successfully added to your 
