Zenhoren Co (TSE:5845) Asset Turnover: 0.56 (As of Mar. 2026)


TSE:5845 Zenhoren Co Ltd TSE:5845
40 GF Score
Price 円1,010.00
GF Value 円886.28
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Zenhoren Co Asset Turnover?

Zenhoren Co TSE:5845 -0.10% 40 Asset Turnover is 0.56 as of Mar. 2026. GuruFocus rates TSE:5845 with a GF Score™ of 40/100 and a GF Value™ of 円886.28 (Modestly Overvalued). The stock has 4 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. Zenhoren Co's Revenue for the six months ended in Mar. 2026 was 円13,182 Mil. Zenhoren Co's Total Assets for the quarter that ended in Mar. 2026 was 円23,740 Mil. Therefore, Zenhoren Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.56.

Asset Turnover is linked to ROE % through Du Pont Formula. Zenhoren Co's annualized ROE % for the quarter that ended in Mar. 2026 was 17.45%. It is also linked to ROA % through Du Pont Formula. Zenhoren Co's annualized ROA % for the quarter that ended in Mar. 2026 was 5.70%.

Zenhoren Co  (TSE:5845) Asset Turnover Explanation

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

Zenhoren Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1352/7746
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1352 / 26364)*(26364 / 23739.5)*(23739.5/ 7746)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.13 %*1.1106*3.0647
=ROA %*Equity Multiplier
=5.70 %*3.0647
=17.45 %

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:

Zenhoren Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1352/23739.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1352 / 26364)*(26364 / 23739.5)
=Net Margin %*Asset Turnover
=5.13 %*1.1106
=5.70 %

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.

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.

Zenhoren Co Asset Turnover Related Terms

Zenhoren Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Zenhoren 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.

Zenhoren Co Asset Turnover Chart

Zenhoren Co Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
0.88 1.06 1.16 1.15 1.10

Zenhoren Co Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Asset Turnover Get a 7-Day Free Trial 0.57 0.60 0.60 0.57 0.56

TSE:5845 vs CTAS, CPRT, ULS: Asset Turnover Comparison

For the Specialty Business Services subindustry, Zenhoren 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.

Zenhoren Co Asset Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Zenhoren Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Zenhoren Co's Asset Turnover falls into.


TSE:5845
40GF Score
Zenhoren Co Ltd TSE:5845
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zenhoren Co Asset Turnover Calculation

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

Zenhoren Co'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 )
=26188/( (22762+24904)/ 2 )
=26188/23833
=1.10

Zenhoren 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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=13182/( (22575+24904)/ 2 )
=13182/23739.5
=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?
Zenhoren Co (TSE:5845) 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 Zenhoren Co and its competitors.
Is Zenhoren Co's Asset Turnover too high?
Zenhoren Co's current Asset Turnover is 0.56. Overall, Zenhoren Co has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenhoren Co's Asset Turnover compare to CTAS and CPRT?
Zenhoren Co's Asset Turnover of 0.56 can be compared against companies in the Business Services 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 Business Services company?
A good Asset Turnover depends on the Business Services 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 Zenhoren Co and its competitors. Zenhoren Co'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 Zenhoren Co stock overvalued right now?
Based on GuruFocus' analysis, Zenhoren Co (TSE:5845) is currently considered Modestly Overvalued. The stock's GF Value™ is 円886.28, compared to a current price of 円1,010.00 — trading 14% above its estimated fair value. The current Asset Turnover is 0.56. Zenhoren Co's overall GF Score™ is 40/100 with 4 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 Zenhoren Co (TSE:5845), 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 Zenhoren Co (TSE:5845) Overvalued in 2026?

Based on GuruFocus' analysis, Zenhoren Co stock appears to be overvalued. The current stock price of 円1,010.00 is trading 14% above its estimated GF Value™ of 円886.28. GuruFocus considers Zenhoren Co to be Modestly Overvalued.

Key valuation signals for TSE:5845:

  • Asset Turnover: 0.56
  • GF Value™: 円886.28 vs. price of 円1,010.00 (14% above fair value)
  • GF Score™: 40/100 with 4 warning signs

No single metric tells the full story. See the TSE:5845 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zenhoren Co Business Description

Address 905 Ameku, Okinawa Prefecture, Naha, JPN, 900-8608
Zenhoren Co Ltd is engaged in the rent liability guarantee business, providing rent guarantee services for residential properties with coverage of up to 24 months rent, including monthly rent, moving-out settlement fees, and tenant accident expense insurance. For business use, the Z-Business NEO service covers stores and offices with guarantees up to 24 months rent. The company also offers guarantees for parking lots and trunk rooms, the Z-value service for combined rent guarantee and fire insurance via smartphone, and Z-WEB/Z-WEB2.0 for centralized management by real estate companies. In addition, Zenhoren provides Z-College Support (tuition guarantee), enabling vocational schools and students to pay tuition fees in installments.
40GF Score

Get the complete analysis for TSE:5845

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

円1,010.00
Price
円886.28
GF Value