Showa Paxxs (TSE:3954) Asset Turnover: 0.32 (As of Mar. 2026)


TSE:3954 Showa Paxxs Corp TSE:3954
53 GF Score
Price 円2,842.00
GF Value 円2,023.54
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Showa Paxxs Asset Turnover?

Showa Paxxs TSE:3954 +1.68% 53 Asset Turnover is 0.32 as of Mar. 2026. GuruFocus rates TSE:3954 with a GF Score™ of 53/100 and a GF Value™ of 円2,023.54 (Significantly Overvalued). 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. Showa Paxxs's Revenue for the six months ended in Mar. 2026 was 円11,591 Mil. Showa Paxxs's Total Assets for the quarter that ended in Mar. 2026 was 円35,749 Mil. Therefore, Showa Paxxs's Asset Turnover for the quarter that ended in Mar. 2026 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. Showa Paxxs's annualized ROE % for the quarter that ended in Mar. 2026 was 4.96%. It is also linked to ROA % through Du Pont Formula. Showa Paxxs's annualized ROA % for the quarter that ended in Mar. 2026 was 3.54%.

Showa Paxxs  (TSE:3954) Asset Turnover Explanation

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

Showa Paxxs's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1264.006/25482.0275
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1264.006 / 23182.934)*(23182.934 / 35749.301)*(35749.301/ 25482.0275)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.45 %*0.6485*1.4029
=ROA %*Equity Multiplier
=3.54 %*1.4029
=4.96 %

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:

Showa Paxxs's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1264.006/35749.301
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1264.006 / 23182.934)*(23182.934 / 35749.301)
=Net Margin %*Asset Turnover
=5.45 %*0.6485
=3.54 %

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.

Showa Paxxs Asset Turnover Related Terms

Showa Paxxs Asset Turnover Historical Data

* Premium members only.

The historical data trend for Showa Paxxs'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.

Showa Paxxs Asset Turnover Chart

Showa Paxxs 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 0.76 0.75 0.68 0.70 0.67

Showa Paxxs 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 0.33 0.35 0.35 0.35 0.32

TSE:3954 vs SW, PKG, IP: Asset Turnover Comparison

For the Packaging & Containers subindustry, Showa Paxxs'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.

Showa Paxxs Asset Turnover vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Showa Paxxs's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Showa Paxxs's Asset Turnover falls into.


TSE:3954
53GF Score
Showa Paxxs Corp TSE:3954
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Showa Paxxs Asset Turnover Calculation

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

Showa Paxxs'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 )
=23563.886/( (33384.523+36921.064)/ 2 )
=23563.886/35152.7935
=0.67

Showa Paxxs'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 )
=11591.467/( (34577.538+36921.064)/ 2 )
=11591.467/35749.301
=0.32

* 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 0.32 mean?
Showa Paxxs (TSE:3954) has a Asset Turnover of 0.32 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Showa Paxxs and its competitors.
Is Showa Paxxs' Asset Turnover too high?
Showa Paxxs' current Asset Turnover is 0.32. Overall, Showa Paxxs has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Showa Paxxs' Asset Turnover compare to SW and PKG?
Showa Paxxs' Asset Turnover of 0.32 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Asset Turnover depends on the Packaging & Containers 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 Showa Paxxs and its competitors. Showa Paxxs's current Asset Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showa Paxxs stock overvalued right now?
Based on GuruFocus' analysis, Showa Paxxs (TSE:3954) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,023.54, compared to a current price of 円2,842.00 — trading 40.4% above its estimated fair value. The current Asset Turnover is 0.32. Showa Paxxs' overall GF Score™ is 53/100 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 Showa Paxxs (TSE:3954), the current Asset Turnover is 0.32 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 Showa Paxxs (TSE:3954) Overvalued in 2026?

Based on GuruFocus' analysis, Showa Paxxs stock appears to be overvalued. The current stock price of 円2,842.00 is trading 40.4% above its estimated GF Value™ of 円2,023.54. GuruFocus considers Showa Paxxs to be Significantly Overvalued.

Key valuation signals for TSE:3954:

  • Asset Turnover: 0.32
  • GF Value™: 円2,023.54 vs. price of 円2,842.00 (40.4% above fair value)
  • GF Score™: 53/100 with 2 warning signs

No single metric tells the full story. See the TSE:3954 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Showa Paxxs Business Description

Address 2-12 Ichigayahonmura-cho, Shinjuku-ku, Tokyo, JPN, 162-0845
Showa Paxxs Corporation is an industrial packaging container manufacturer. It is engaged in manufacturing and selling packaging materials and containers. The products offered by the company include heavy wrapping paper bags, containers, film, and packaging machine equipment systems.
53GF Score

Get the complete analysis for TSE:3954

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

円2,842.00
Price
円2,023.54
GF Value