Tamagawa Holdings Co (TSE:6838) Asset Turnover: 0.28 (As of Apr. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:6838 Tamagawa Holdings Co Ltd TSE:6838
56 GF Score
Price 円1,446.00
GF Value 円1,080.94
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tamagawa Holdings Co Asset Turnover?

Tamagawa Holdings Co TSE:6838 -0.69% 56 Asset Turnover is 0.28 as of Apr. 2026. GuruFocus rates TSE:6838 with a GF Score™ of 56/100 and a GF Value™ of 円1,080.94 (Significantly Overvalued). 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. Tamagawa Holdings Co's Revenue for the six months ended in Apr. 2026 was 円3,743 Mil. Tamagawa Holdings Co's Total Assets for the quarter that ended in Apr. 2026 was 円13,196 Mil. Therefore, Tamagawa Holdings Co's Asset Turnover for the quarter that ended in Apr. 2026 was 0.28.

Asset Turnover is linked to ROE % through Du Pont Formula. Tamagawa Holdings Co's annualized ROE % for the quarter that ended in Apr. 2026 was 50.23%. It is also linked to ROA % through Du Pont Formula. Tamagawa Holdings Co's annualized ROA % for the quarter that ended in Apr. 2026 was 27.77%.


Tamagawa Holdings Co  (TSE:6838) Asset Turnover Explanation

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

Tamagawa Holdings Co's annulized ROE % for the quarter that ended in Apr. 2026 is

ROE %**(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=3664.864/7295.8585
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3664.864 / 7485.778)*(7485.778 / 13196.3545)*(13196.3545/ 7295.8585)
=Net Margin %*Asset Turnover*Equity Multiplier
=48.96 %*0.5673*1.8087
=ROA %*Equity Multiplier
=27.77 %*1.8087
=50.23 %

Note: The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 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:

Tamagawa Holdings Co's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=3664.864/13196.3545
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3664.864 / 7485.778)*(7485.778 / 13196.3545)
=Net Margin %*Asset Turnover
=48.96 %*0.5673
=27.77 %

Note: The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 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.


Tamagawa Holdings Co Asset Turnover Related Terms


Tamagawa Holdings Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Tamagawa Holdings 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.

Tamagawa Holdings Co Asset Turnover Chart

Tamagawa Holdings Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Oct25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.75 0.39 0.46 0.54

Tamagawa Holdings Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Apr25 Oct25 Apr26
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 0.16 0.29 0.26 0.28 0.28

TSE:6838 vs HON, MMM: Asset Turnover Comparison

For the Conglomerates subindustry, Tamagawa Holdings 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.


Tamagawa Holdings Co Asset Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tamagawa Holdings Co's Asset Turnover distribution charts can be found below:

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


TSE:6838
56GF Score
Tamagawa Holdings Co Ltd TSE:6838
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tamagawa Holdings Co Asset Turnover Calculation

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

Tamagawa Holdings Co's Asset Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Oct. 2025 ))/ count )
=5587.974/( (9574.075+11276.172)/ 2 )
=5587.974/10425.1235
=0.54

Tamagawa Holdings Co's Asset Turnover for the quarter that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Apr. 2026 ))/ count )
=3742.889/( (11276.172+15116.537)/ 2 )
=3742.889/13196.3545
=0.28

* 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 0.28 mean?
Tamagawa Holdings Co (TSE:6838) has a Asset Turnover of 0.28 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tamagawa Holdings Co and its competitors.
Is Tamagawa Holdings Co's Asset Turnover too high?
Tamagawa Holdings Co's current Asset Turnover is 0.28. Overall, Tamagawa Holdings Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamagawa Holdings Co's Asset Turnover compare to HON and MMM?
Tamagawa Holdings Co's Asset Turnover of 0.28 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Asset Turnover depends on the Conglomerates 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 Tamagawa Holdings Co and its competitors. Tamagawa Holdings Co's current Asset Turnover is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamagawa Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Tamagawa Holdings Co (TSE:6838) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,080.94, compared to a current price of 円1,446.00 — trading 33.8% above its estimated fair value. The current Asset Turnover is 0.28. Tamagawa Holdings Co's overall GF Score™ is 56/100 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 Tamagawa Holdings Co (TSE:6838), the current Asset Turnover is 0.28 as of Apr. 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 Tamagawa Holdings Co (TSE:6838) Overvalued in 2026?

Based on GuruFocus' analysis, Tamagawa Holdings Co stock appears to be overvalued. The current stock price of 円1,446.00 is trading 33.8% above its estimated GF Value™ of 円1,080.94. GuruFocus considers Tamagawa Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:6838:

  • Asset Turnover: 0.28
  • GF Value™: 円1,080.94 vs. price of 円1,446.00 (33.8% above fair value)
  • GF Score™: 56/100 with 5 warning signs

No single metric tells the full story. See the TSE:6838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tamagawa Holdings Co Business Description

Address VORT Hamamatsu-cho l, 2 Floor,1-6-15 Hamamatsu-cho, Minato-ku, Tokyo, JPN, 105-0013
Tamagawa Holdings Co Ltd manufactures and sells electronics and telecommunications equipment. Its products include wireless equipment components such as amplifiers, attenuators, filters, distributors and frequency synthesizers. It is also operates in solar power stations including mega solar and geothermal power generation plant.
56GF Score

Get the complete analysis for TSE:6838

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

円1,446.00
Price
円1,080.94
GF Value