Nihon Dempa Kogyo Co (TSE:6779) Asset Turnover: 0.38 (As of Mar. 2026)

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TSE:6779 Nihon Dempa Kogyo Co Ltd TSE:6779
68 GF Score
Price 円3,145.00
GF Value 円1,236.74
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Nihon Dempa Kogyo Co Asset Turnover?

Nihon Dempa Kogyo Co TSE:6779 -1.72% 68 Asset Turnover is 0.38 as of Mar. 2026. GuruFocus rates TSE:6779 with a GF Score™ of 68/100 and a GF Value™ of 円1,236.74 (Significantly Overvalued). The stock has 7 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. Nihon Dempa Kogyo Co's Revenue for the six months ended in Mar. 2026 was 円27,943 Mil. Nihon Dempa Kogyo Co's Total Assets for the quarter that ended in Mar. 2026 was 円74,426 Mil. Therefore, Nihon Dempa Kogyo Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.38.

Asset Turnover is linked to ROE % through Du Pont Formula. Nihon Dempa Kogyo Co's annualized ROE % for the quarter that ended in Mar. 2026 was 8.16%. It is also linked to ROA % through Du Pont Formula. Nihon Dempa Kogyo Co's annualized ROA % for the quarter that ended in Mar. 2026 was 3.39%.


Nihon Dempa Kogyo Co  (TSE:6779) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2526/30955
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2526 / 55886)*(55886 / 74425.5)*(74425.5/ 30955)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.52 %*0.7509*2.4043
=ROA %*Equity Multiplier
=3.39 %*2.4043
=8.16 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2526/74425.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2526 / 55886)*(55886 / 74425.5)
=Net Margin %*Asset Turnover
=4.52 %*0.7509
=3.39 %

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.


Nihon Dempa Kogyo Co Asset Turnover Related Terms


Nihon Dempa Kogyo Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Nihon Dempa Kogyo 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.

Nihon Dempa Kogyo Co Asset Turnover Chart

Nihon Dempa Kogyo 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 0.73 0.84 0.77 0.77 0.74

Nihon Dempa Kogyo Co 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 0.39 0.40 0.39 0.37 0.38

TSE:6779 vs APH, GLW: Asset Turnover Comparison

For the Electronic Components subindustry, Nihon Dempa Kogyo 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.


Nihon Dempa Kogyo Co Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Nihon Dempa Kogyo Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nihon Dempa Kogyo Co's Asset Turnover falls into.


TSE:6779
68GF Score
Nihon Dempa Kogyo Co Ltd TSE:6779
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nihon Dempa Kogyo Co Asset Turnover Calculation

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

Nihon Dempa Kogyo 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 )
=54629/( (71522+76325)/ 2 )
=54629/73923.5
=0.74

Nihon Dempa Kogyo 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 )
=27943/( (72526+76325)/ 2 )
=27943/74425.5
=0.38

* 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 0.38 mean?
Nihon Dempa Kogyo Co (TSE:6779) has a Asset Turnover of 0.38 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nihon Dempa Kogyo Co and its competitors.
Is Nihon Dempa Kogyo Co's Asset Turnover too high?
Nihon Dempa Kogyo Co's current Asset Turnover is 0.38. Overall, Nihon Dempa Kogyo Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Dempa Kogyo Co's Asset Turnover compare to APH and GLW?
Nihon Dempa Kogyo Co's Asset Turnover of 0.38 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Nihon Dempa Kogyo Co and its competitors. Nihon Dempa Kogyo Co's current Asset Turnover is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Dempa Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Dempa Kogyo Co (TSE:6779) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,236.74, compared to a current price of 円3,145.00 — trading 154.3% above its estimated fair value. The current Asset Turnover is 0.38. Nihon Dempa Kogyo Co's overall GF Score™ is 68/100 with 7 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 Nihon Dempa Kogyo Co (TSE:6779), the current Asset Turnover is 0.38 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 Nihon Dempa Kogyo Co (TSE:6779) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Dempa Kogyo Co stock appears to be overvalued. The current stock price of 円3,145.00 is trading 154.3% above its estimated GF Value™ of 円1,236.74. GuruFocus considers Nihon Dempa Kogyo Co to be Significantly Overvalued.

Key valuation signals for TSE:6779:

  • Asset Turnover: 0.38
  • GF Value™: 円1,236.74 vs. price of 円3,145.00 (154.3% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the TSE:6779 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Dempa Kogyo Co Business Description

Address Merkmal Keio Sasazuka Building, 1-47-1, Sasazuka, Shibuya-ku, Tokyo, JPN, 151-8569
Nihon Dempa Kogyo Co Ltd is a Japanese based company engaged in the manufacturing and sale of quartz crystal devices. Its product portfolio includes crystal unit, crystal clock oscillators, simple packaged crystal oscillators (SPXO), crystal filters, temperature compensated crystal oscillators (TCXO), bio sensor, frequency synthesizer, crystal blank, optical low-pass filter, ultrasonic probe among others. Its products are used in automotive, smartphone, network equipment, digital camera, game console, personal computers and digital consumer electronics. Its market coverage includes sales in Japan, America, Europe, and Asia.
68GF Score

Get the complete analysis for TSE:6779

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

円3,145.00
Price
円1,236.74
GF Value