Commerce One Holdings (TSE:4496) Asset Turnover: 0.54 (As of Mar. 2026)


TSE:4496 Commerce One Holdings Inc TSE:4496
87 GF Score
Price 円820.00
GF Value 円869.81
Valuation Fairly Valued
! 3 Warning Signs
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What is Commerce One Holdings Asset Turnover?

Commerce One Holdings TSE:4496 +2.63% 87 Asset Turnover is 0.54 as of Mar. 2026. GuruFocus rates TSE:4496 with a GF Score™ of 87/100 and a GF Value™ of 円869.81 (Fairly Valued). The stock has 3 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. Commerce One Holdings's Revenue for the six months ended in Mar. 2026 was 円1,985 Mil. Commerce One Holdings's Total Assets for the quarter that ended in Mar. 2026 was 円3,654 Mil. Therefore, Commerce One Holdings's Asset Turnover for the quarter that ended in Mar. 2026 was 0.54.

Asset Turnover is linked to ROE % through Du Pont Formula. Commerce One Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 11.47%. It is also linked to ROA % through Du Pont Formula. Commerce One Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 8.27%.


Commerce One Holdings  (TSE:4496) Asset Turnover Explanation

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

Commerce One Holdings's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=302.182/2634.491
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(302.182 / 3969.788)*(3969.788 / 3653.591)*(3653.591/ 2634.491)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.61 %*1.0865*1.3868
=ROA %*Equity Multiplier
=8.27 %*1.3868
=11.47 %

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:

Commerce One Holdings's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=302.182/3653.591
=(Net Income / Revenue)*(Revenue / Total Assets)
=(302.182 / 3969.788)*(3969.788 / 3653.591)
=Net Margin %*Asset Turnover
=7.61 %*1.0865
=8.27 %

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.


Commerce One Holdings Asset Turnover Related Terms


Commerce One Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Commerce One Holdings'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.

Commerce One Holdings Asset Turnover Chart

Commerce One Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 1.03 0.97 0.96 1.00 1.10

Commerce One Holdings Semi-Annual Data
Mar18 Mar19 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 0.48 0.48 0.52 0.53 0.54

TSE:4496 vs MSFT, ORCL, PLTR: Asset Turnover Comparison

For the Software - Infrastructure subindustry, Commerce One Holdings'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.


Commerce One Holdings Asset Turnover vs Software Industry

For the Software industry and Technology sector, Commerce One Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Commerce One Holdings's Asset Turnover falls into.


TSE:4496
87GF Score
Commerce One Holdings Inc TSE:4496
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Commerce One Holdings Asset Turnover Calculation

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

Commerce One Holdings'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 )
=3895.734/( (3471.522+3627.899)/ 2 )
=3895.734/3549.7105
=1.10

Commerce One Holdings'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 )
=1984.894/( (3679.283+3627.899)/ 2 )
=1984.894/3653.591
=0.54

* 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 0.54 mean?
Commerce One Holdings (TSE:4496) has a Asset Turnover of 0.54 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Commerce One Holdings and its competitors.
Is Commerce One Holdings' Asset Turnover too high?
Commerce One Holdings' current Asset Turnover is 0.54. Overall, Commerce One Holdings has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Commerce One Holdings' Asset Turnover compare to MSFT and ORCL?
Commerce One Holdings' Asset Turnover of 0.54 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 Commerce One Holdings and its competitors. Commerce One Holdings's current Asset Turnover is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commerce One Holdings stock overvalued right now?
Based on GuruFocus' analysis, Commerce One Holdings (TSE:4496) is currently considered Fairly Valued. The stock's GF Value™ is 円869.81, compared to a current price of 円820.00 — trading 5.7% below its estimated fair value. The current Asset Turnover is 0.54. Commerce One Holdings' overall GF Score™ is 87/100 with 3 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 Commerce One Holdings (TSE:4496), the current Asset Turnover is 0.54 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 Commerce One Holdings (TSE:4496) Overvalued in 2026?

Based on GuruFocus' analysis, Commerce One Holdings stock appears to be undervalued. The current stock price of 円820.00 is trading 5.7% below its estimated GF Value™ of 円869.81. GuruFocus considers Commerce One Holdings to be Fairly Valued.

Key valuation signals for TSE:4496:

  • Asset Turnover: 0.54
  • GF Value™: 円869.81 vs. price of 円820.00 (5.7% below fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the TSE:4496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Commerce One Holdings Business Description

Address Tokyu Bancho Building, 6th Floor, Yonbancho, Chiyoda-ku, Tokyo, JPN, 102-0081
Commerce One Holdings Inc is a business infrastructure provider for e-commerce business operators. The company provides services that support e-commerce site management in the form of SaaS, for small and medium-sized e-commerce site operators in Japan.
87GF Score

Get the complete analysis for TSE:4496

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

円820.00
Price
円869.81
GF Value