Hi-Lex (TSE:7279) Asset Turnover: 0.28 (As of Oct. 2025)

What is Hi-Lex Asset Turnover?

Hi-Lex TSE:7279 +2.98% 73 Asset Turnover is 0.28 as of Oct. 2025. GuruFocus rates TSE:7279 with a GF Score™ of 73/100 and a GF Value™ of 円1,826.84 (Modestly Overvalued). 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. Hi-Lex's Revenue for the three months ended in Oct. 2025 was 円76,444 Mil. Hi-Lex's Total Assets for the quarter that ended in Oct. 2025 was 円273,866 Mil. Therefore, Hi-Lex's Asset Turnover for the quarter that ended in Oct. 2025 was 0.28.

Asset Turnover is linked to ROE % through Du Pont Formula. Hi-Lex's annualized ROE % for the quarter that ended in Oct. 2025 was 11.52%. It is also linked to ROA % through Du Pont Formula. Hi-Lex's annualized ROA % for the quarter that ended in Oct. 2025 was 7.33%.

Hi-Lex (TSE:7279) Asset Turnover Explanation

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

Hi-Lex's annulized ROE % for the quarter that ended in Oct. 2025 is

	ROE %^**		(Q: Oct. 2025 )
=	Net Income	/	Total Stockholders Equity
=	20072	/	174207.5
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(20072 / 305776)	*	(305776 / 273865.5)	*	(273865.5/ 174207.5)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	6.56 %	*	1.1165	*	1.5721
=	ROA %	*	Equity Multiplier
=	7.33 %	*	1.5721
=	11.52 %

Note: The Net Income data used here is four times the quarterly (Oct. 2025) net income data. The Revenue data used here is four times the quarterly (Oct. 2025) 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:

Hi-Lex's annulized ROA % for the quarter that ended in Oct. 2025 is

	ROA %		(Q: Oct. 2025 )
=	Net Income	/	Total Assets
=	20072	/	273865.5
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(20072 / 305776)	*	(305776 / 273865.5)
=	Net Margin %	*	Asset Turnover
=	6.56 %	*	1.1165
=	7.33 %

Note: The Net Income data used here is four times the quarterly (Oct. 2025) net income data. The Revenue data used here is four times the quarterly (Oct. 2025) revenue data.

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.

Hi-Lex Asset Turnover Related Terms

Hi-Lex Asset Turnover Historical Data

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The historical data trend for Hi-Lex's Asset Turnover can be seen below:

Hi-Lex Asset Turnover Chart

Hi-Lex Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Oct25

Asset Turnover

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0.89

0.99

1.08

1.12

1.11

Hi-Lex Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26
Asset Turnover	Get a 7-Day Free Trial															0.28	0.27	0.28	0.28	0.33

TSE:7279 vs HON, MMM: Asset Turnover Comparison

For the Conglomerates subindustry, Hi-Lex'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.

Hi-Lex Asset Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hi-Lex's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hi-Lex's Asset Turnover falls into.

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73GF Score

Hi-Lex Corp TSE:7279

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Hi-Lex Asset Turnover Calculation

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

Hi-Lex'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: Oct. 2024 )	+	Total Assets (A: Oct. 2025 ))	/ count )
=	304123	/	( (270260	+	276997)	/ 2 )
=	304123	/	273628.5
=	1.11

Hi-Lex's Asset Turnover for the quarter that ended in Oct. 2025 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Oct. 2025 )	/	( (Total Assets (Q: Jul. 2025 )	+	Total Assets (Q: Oct. 2025 ))	/ count )
=	76444	/	( (270734	+	276997)	/ 2 )
=	76444	/	273865.5
=	0.28

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?

Hi-Lex (TSE:7279) has a Asset Turnover of 0.28 as of Oct. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hi-Lex and its competitors.

Is Hi-Lex's Asset Turnover too high?

Hi-Lex's current Asset Turnover is 0.28. Overall, Hi-Lex has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Hi-Lex's Asset Turnover compare to HON and MMM?

Hi-Lex'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 Hi-Lex and its competitors. Hi-Lex'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 Hi-Lex stock overvalued right now?

Based on GuruFocus' analysis, Hi-Lex (TSE:7279) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,826.84, compared to a current price of 円2,111.00 — trading 15.6% above its estimated fair value. The current Asset Turnover is 0.28. Hi-Lex's overall GF Score™ is 73/100 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 Hi-Lex (TSE:7279), the current Asset Turnover is 0.28 as of Oct. 2025. 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 Hi-Lex (TSE:7279) Overvalued in 2026?

Based on GuruFocus' analysis, Hi-Lex stock appears to be overvalued. The current stock price of 円2,111.00 is trading 15.6% above its estimated GF Value™ of 円1,826.84. GuruFocus considers Hi-Lex to be Modestly Overvalued.

Key valuation signals for TSE:7279:

Asset Turnover: 0.28
GF Value™: 円1,826.84 vs. price of 円2,111.00 (15.6% above fair value)
GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the TSE:7279 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hi-Lex Business Description

Industry Industrials Conglomerates

Comparable Companies TSE:3001 TSE:2353 TSE:7130 TSE:8157 TSE:2734 TSE:6328 TSE:5821 TSE:8081 TSE:8014 TSE:3232 ADX:IHC HON TSE:6501 TSE:8058 MMM TSE:8001 TSE:8031 TSE:5803 TSE:8002 TSE:8053

Other Exchanges HLXFF:USA

Address 1-12-28 Sakae-cho, Sakaemachi, Hyogo, Takarazuka, JPN, 665-0845

Website http://www.hi-lex.co.jp

Hi-Lex Corp is a Japanese company specialized in three segments: automobiles and industrial equipment, medical equipment, and a metal mold business. The automobiles equipment segment offers control cables, window regulators, sliding window systems, door modules, and others. The industrial equipment includes control boxes, steering systems, control cables for marine vessels, accelerator and assist cables for construction and industrial equipment, toilet seat elevators, and air conditioning grill raising and lowering systems for welfare and home.

73GF Score

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

円2,111.00

Price

円1,826.84

GF Value

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