Kato Works Co (TSE:6390) Asset Turnover: 0.20 (As of Mar. 2026)

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TSE:6390 Kato Works Co Ltd TSE:6390
57 GF Score
Price 円1,295.00
GF Value 円1,345.38
Valuation Fairly Valued
! 5 Warning Signs
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What is Kato Works Co Asset Turnover?

Kato Works Co TSE:6390 -1.15% 57 Asset Turnover is 0.20 as of Mar. 2026. GuruFocus rates TSE:6390 with a GF Score™ of 57/100 and a GF Value™ of 円1,345.38 (Fairly Valued). The stock has 5 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. Kato Works Co's Revenue for the three months ended in Mar. 2026 was 円19,034 Mil. Kato Works Co's Total Assets for the quarter that ended in Mar. 2026 was 円94,428 Mil. Therefore, Kato Works 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. Kato Works Co's annualized ROE % for the quarter that ended in Mar. 2026 was -10.29%. It is also linked to ROA % through Du Pont Formula. Kato Works Co's annualized ROA % for the quarter that ended in Mar. 2026 was -4.68%.


Kato Works Co  (TSE:6390) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-4420/42944
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4420 / 76136)*(76136 / 94428)*(94428/ 42944)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.81 %*0.8063*2.1989
=ROA %*Equity Multiplier
=-4.68 %*2.1989
=-10.29 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-4420/94428
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4420 / 76136)*(76136 / 94428)
=Net Margin %*Asset Turnover
=-5.81 %*0.8063
=-4.68 %

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.


Kato Works Co Asset Turnover Related Terms


Kato Works Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Kato Works 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.

Kato Works Co Asset Turnover Chart

Kato Works Co 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 0.58 0.57 0.56 0.51 0.58

Kato Works Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 0.12 0.15 0.11 0.20

TSE:6390 vs CAT, DE, PCAR: Asset Turnover Comparison

For the Farm & Heavy Construction Machinery subindustry, Kato Works 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.


Kato Works Co Asset Turnover vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kato Works Co's Asset Turnover distribution charts can be found below:

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


TSE:6390
57GF Score
Kato Works Co Ltd TSE:6390
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kato Works Co Asset Turnover Calculation

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

Kato Works 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 )
=56335/( (102747+92365)/ 2 )
=56335/97556
=0.58

Kato Works 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 )
=19034/( (96491+92365)/ 2 )
=19034/94428
=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?
Kato Works Co (TSE:6390) 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 Kato Works Co and its competitors.
Is Kato Works Co's Asset Turnover too high?
Kato Works Co's current Asset Turnover is 0.20. Overall, Kato Works Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kato Works Co's Asset Turnover compare to CAT and DE?
Kato Works Co's Asset Turnover of 0.20 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Asset Turnover depends on the Farm & Heavy Construction Machinery 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 Kato Works Co and its competitors. Kato Works 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 Kato Works Co stock overvalued right now?
Based on GuruFocus' analysis, Kato Works Co (TSE:6390) is currently considered Fairly Valued. The stock's GF Value™ is 円1,345.38, compared to a current price of 円1,295.00 — trading 3.7% below its estimated fair value. The current Asset Turnover is 0.20. Kato Works Co's overall GF Score™ is 57/100 with 5 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 Kato Works Co (TSE:6390), 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 Kato Works Co (TSE:6390) Overvalued in 2026?

Based on GuruFocus' analysis, Kato Works Co stock appears to be undervalued. The current stock price of 円1,295.00 is trading 3.7% below its estimated GF Value™ of 円1,345.38. GuruFocus considers Kato Works Co to be Fairly Valued.

Key valuation signals for TSE:6390:

  • Asset Turnover: 0.20
  • GF Value™: 円1,345.38 vs. price of 円1,295.00 (3.7% below fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the TSE:6390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kato Works Co Business Description

Address 9-37, Higashi-ohi 1-chome, Shinagawa-ku, Tokyo, JPN, 140-0011
Kato Works Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the manufacturing and sales of machinery used for the lifting and construction industries. It offers various construction equipment, mobile cranes, and industrial equipment, including truck cranes, hydraulic excavators, rough terrain cranes, all-terrain cranes, crawler cranes, mini excavators, earth boring rigs, vacuum trucks, street sweepers, and snow sweepers. Kato also offers related spare parts and services. The group's reportable segments are Japan, which is its key revenue-generating market, China, Europe, and Others.
57GF Score

Get the complete analysis for TSE:6390

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

円1,295.00
Price
円1,345.38
GF Value