Internetworking and Broadband Consulting Co (TSE:3920) Asset Turnover: 0.20 (As of Mar. 2026)

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TSE:3920 Internetworking and Broadband Consulting Co Ltd TSE:3920
68 GF Score
Price 円990.00
GF Value 円850.63
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Internetworking and Broadband Consulting Co Asset Turnover?

Internetworking and Broadband Consulting Co TSE:3920 -0.90% 68 Asset Turnover is 0.20 as of Mar. 2026. GuruFocus rates TSE:3920 with a GF Score™ of 68/100 and a GF Value™ of 円850.63 (Modestly Overvalued). 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. Internetworking and Broadband Consulting Co's Revenue for the three months ended in Mar. 2026 was 円721 Mil. Internetworking and Broadband Consulting Co's Total Assets for the quarter that ended in Mar. 2026 was 円3,602 Mil. Therefore, Internetworking and Broadband Consulting Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Internetworking and Broadband Consulting Co's annualized ROE % for the quarter that ended in Mar. 2026 was 32.07%. It is also linked to ROA % through Du Pont Formula. Internetworking and Broadband Consulting Co's annualized ROA % for the quarter that ended in Mar. 2026 was 20.61%.


Internetworking and Broadband Consulting Co  (TSE:3920) Asset Turnover Explanation

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

Internetworking and Broadband Consulting Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=742.176/2313.8875
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(742.176 / 2884.448)*(2884.448 / 3601.588)*(3601.588/ 2313.8875)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.73 %*0.8009*1.5565
=ROA %*Equity Multiplier
=20.61 %*1.5565
=32.07 %

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

Internetworking and Broadband Consulting Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=742.176/3601.588
=(Net Income / Revenue)*(Revenue / Total Assets)
=(742.176 / 2884.448)*(2884.448 / 3601.588)
=Net Margin %*Asset Turnover
=25.73 %*0.8009
=20.61 %

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


Internetworking and Broadband Consulting Co Asset Turnover Related Terms


Internetworking and Broadband Consulting Co Asset Turnover Historical Data

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The historical data trend for Internetworking and Broadband Consulting 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.

Internetworking and Broadband Consulting Co Asset Turnover Chart

Internetworking and Broadband Consulting Co 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 0.64 0.46 0.58 0.64 0.69

Internetworking and Broadband Consulting Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.21 0.17 0.21 0.10 0.20

TSE:3920 vs IBM, ACN, FISV: Asset Turnover Comparison

For the Information Technology Services subindustry, Internetworking and Broadband Consulting 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.


Internetworking and Broadband Consulting Co Asset Turnover vs Software Industry

For the Software industry and Technology sector, Internetworking and Broadband Consulting Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Internetworking and Broadband Consulting Co's Asset Turnover falls into.


TSE:3920
68GF Score
Internetworking and Broadband Consulting Co Ltd TSE:3920
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Internetworking and Broadband Consulting Co Asset Turnover Calculation

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

Internetworking and Broadband Consulting Co'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 )
=2404.511/( (3240.08+3739.294)/ 2 )
=2404.511/3489.687
=0.69

Internetworking and Broadband Consulting 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: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=721.112/( (3395.076+3808.1)/ 2 )
=721.112/3601.588
=0.20

* 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 0.20 mean?
Internetworking and Broadband Consulting Co (TSE:3920) has a Asset Turnover of 0.20 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Internetworking and Broadband Consulting Co and its competitors.
Is Internetworking and Broadband Consulting Co's Asset Turnover too high?
Internetworking and Broadband Consulting Co's current Asset Turnover is 0.20. Overall, Internetworking and Broadband Consulting Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Internetworking and Broadband Consulting Co's Asset Turnover compare to IBM and ACN?
Internetworking and Broadband Consulting Co's Asset Turnover of 0.20 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Internetworking and Broadband Consulting Co and its competitors. Internetworking and Broadband Consulting Co's current Asset Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Internetworking and Broadband Consulting Co stock overvalued right now?
Based on GuruFocus' analysis, Internetworking and Broadband Consulting Co (TSE:3920) is currently considered Modestly Overvalued. The stock's GF Value™ is 円850.63, compared to a current price of 円990.00 — trading 16.4% above its estimated fair value. The current Asset Turnover is 0.20. Internetworking and Broadband Consulting Co's overall GF Score™ is 68/100 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 Internetworking and Broadband Consulting Co (TSE:3920), the current Asset Turnover is 0.20 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 Internetworking and Broadband Consulting Co (TSE:3920) Overvalued in 2026?

Based on GuruFocus' analysis, Internetworking and Broadband Consulting Co stock appears to be overvalued. The current stock price of 円990.00 is trading 16.4% above its estimated GF Value™ of 円850.63. GuruFocus considers Internetworking and Broadband Consulting Co to be Modestly Overvalued.

Key valuation signals for TSE:3920:

  • Asset Turnover: 0.20
  • GF Value™: 円850.63 vs. price of 円990.00 (16.4% above fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the TSE:3920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Internetworking and Broadband Consulting Co Business Description

Address Across Shinkawa Building 2nd Floor, 1-8-8, Shinkawa Chuo-ku, Tokyo, JPN, 104-0033
Internetworking and Broadband Consulting Co Ltd is engaged in the development of performance monitoring software for computers and network systems. It is also engaged in selling and maintenance of software and system performance consultancy and analysis. It provides performance evaluation of network system design and construction of network system design.
68GF Score

Get the complete analysis for TSE:3920

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

円990.00
Price
円850.63
GF Value