Double Standard (TSE:3925) Asset Turnover: 0.56 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:3925 Double Standard Inc TSE:3925
71 GF Score
Price 円1,229.00
GF Value 円1,563.59
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Double Standard Asset Turnover?

Double Standard TSE:3925 +0.74% 71 Asset Turnover is 0.56 as of Mar. 2026. GuruFocus rates TSE:3925 with a GF Score™ of 71/100 and a GF Value™ of 円1,563.59 (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. Double Standard's Revenue for the six months ended in Mar. 2026 was 円3,950 Mil. Double Standard's Total Assets for the quarter that ended in Mar. 2026 was 円7,088 Mil. Therefore, Double Standard's Asset Turnover for the quarter that ended in Mar. 2026 was 0.56.

Asset Turnover is linked to ROE % through Du Pont Formula. Double Standard's annualized ROE % for the quarter that ended in Mar. 2026 was 18.70%. It is also linked to ROA % through Du Pont Formula. Double Standard's annualized ROA % for the quarter that ended in Mar. 2026 was 16.83%.


Double Standard  (TSE:3925) Asset Turnover Explanation

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

Double Standard's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1193.174/6381.1665
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1193.174 / 7899.858)*(7899.858 / 7087.607)*(7087.607/ 6381.1665)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.1 %*1.1146*1.1107
=ROA %*Equity Multiplier
=16.83 %*1.1107
=18.70 %

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:

Double Standard's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1193.174/7087.607
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1193.174 / 7899.858)*(7899.858 / 7087.607)
=Net Margin %*Asset Turnover
=15.1 %*1.1146
=16.83 %

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.


Double Standard Asset Turnover Related Terms


Double Standard Asset Turnover Historical Data

* Premium members only.

The historical data trend for Double Standard'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.

Double Standard Asset Turnover Chart

Double Standard 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 1.79 1.37 1.17 1.13 0.94

Double Standard 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 0.66 0.56 0.62 0.43 0.56

TSE:3925 vs IBM, ACN, FISV: Asset Turnover Comparison

For the Information Technology Services subindustry, Double Standard'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.


Double Standard Asset Turnover vs Software Industry

For the Software industry and Technology sector, Double Standard's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Double Standard's Asset Turnover falls into.


TSE:3925
71GF Score
Double Standard Inc TSE:3925
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Double Standard Asset Turnover Calculation

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

Double Standard'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 )
=7010.865/( (7526.06+7383.191)/ 2 )
=7010.865/7454.6255
=0.94

Double Standard'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 )
=3949.929/( (6792.023+7383.191)/ 2 )
=3949.929/7087.607
=0.56

* 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 0.56 mean?
Double Standard (TSE:3925) has a Asset Turnover of 0.56 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Double Standard and its competitors.
Is Double Standard's Asset Turnover too high?
Double Standard's current Asset Turnover is 0.56. Overall, Double Standard has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Double Standard's Asset Turnover compare to IBM and ACN?
Double Standard's Asset Turnover of 0.56 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 Double Standard and its competitors. Double Standard's current Asset Turnover is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Double Standard stock overvalued right now?
Based on GuruFocus' analysis, Double Standard (TSE:3925) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,563.59, compared to a current price of 円1,229.00 — trading 21.4% below its estimated fair value. The current Asset Turnover is 0.56. Double Standard's overall GF Score™ is 71/100 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 Double Standard (TSE:3925), the current Asset Turnover is 0.56 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 Double Standard (TSE:3925) Overvalued in 2026?

Based on GuruFocus' analysis, Double Standard stock appears to be undervalued. The current stock price of 円1,229.00 is trading 21.4% below its estimated GF Value™ of 円1,563.59. GuruFocus considers Double Standard to be Modestly Undervalued.

Key valuation signals for TSE:3925:

  • Asset Turnover: 0.56
  • GF Value™: 円1,563.59 vs. price of 円1,229.00 (21.4% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the TSE:3925 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Double Standard Business Description

Address 2-2-3 Minamiaoyama, 4th Floor, Hulic Aoyama Gaien Higashidori Building, Minato-ku, Tokyo, JPN, 107-0062
Double Standard Inc is a business support company that generates and provides enterprise Big data. It also provides service planning and system development services using technology developed in the data generation process. The company operates through two business divisions: Big Data related business and the Services Planning Development business. The Big Data related business mainly provides customers the data related to operation support and business reduction, as well as the high utilization value content, among others. The Services Planning Development business mainly provides services based on the research of the way customer and enterprise business process, using information collection, processing, and matching, as well as data cleansing technology.
71GF Score

Get the complete analysis for TSE:3925

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

円1,229.00
Price
円1,563.59
GF Value