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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Car Mate Mfg Co's Revenue for the
six
months ended in Mar. 2026 was 円8,367 Mil. Car Mate Mfg Co's Total Assets for the quarter that ended in Mar. 2026 was 円20,031 Mil. Therefore, Car Mate Mfg Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.42.
Asset Turnover is linked to ROE % through Du Pont Formula. Car Mate Mfg Co's annualizedROE % for the quarter that ended in Mar. 2026 was 7.21%. It is also linked to ROA % through Du Pont Formula. Car Mate Mfg Co's annualizedROA % for the quarter that ended in Mar. 2026 was 5.34%.
Car Mate Mfg Co (TSE:7297) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Car Mate Mfg Co's annulizedROE % for the quarter that ended in Mar. 2026 is
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:
Car Mate Mfg Co's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Car Mate Mfg Co Asset Turnover Related Terms
Car Mate Mfg Co Asset Turnover Historical Data
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The historical data trend for Car Mate Mfg 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.
For the Auto Parts subindustry, Car Mate Mfg 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.
Car Mate Mfg Co Asset Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Car Mate Mfg Co's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Car Mate Mfg Co's Asset Turnover falls into.
* 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.
Car Mate Mfg Co (TSE:7297) has a Asset Turnover of 0.42 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Car Mate Mfg Co and its competitors.
Is Car Mate Mfg Co's Asset Turnover too high?
Car Mate Mfg Co's current Asset Turnover is 0.42. Overall, Car Mate Mfg Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Car Mate Mfg Co's Asset Turnover compare to ORLY and AZO?
Car Mate Mfg Co's Asset Turnover of 0.42 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts 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 Car Mate Mfg Co and its competitors. Car Mate Mfg Co's current Asset Turnover is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Car Mate Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Car Mate Mfg Co (TSE:7297) is currently considered Fairly Valued. The stock's GF Value™ is 円786.26, compared to a current price of 円867.00 — trading 10.3% above its estimated fair value. The current Asset Turnover is 0.42. Car Mate Mfg Co's overall GF Score™ is 65/100 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 Car Mate Mfg Co (TSE:7297), the current Asset Turnover is 0.42 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 Car Mate Mfg Co (TSE:7297) Overvalued in 2026?
Based on GuruFocus' analysis, Car Mate Mfg Co stock appears to be overvalued.
The current stock price of 円867.00 is trading 10.3% above its estimated GF Value™ of 円786.26.
GuruFocus considers Car Mate Mfg Co to be Fairly Valued.
Key valuation signals for TSE:7297:
Asset Turnover: 0.42
GF Value™: 円786.26 vs. price of 円867.00 (10.3% above fair value)
No single metric tells the full story. See the TSE:7297 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Car Mate Mfg Co Ltd manufactures and sells auto parts and accessories. Its products include roof carrier, fishing rod carrier, car accessories, air fresheners, and flat wiper, among others. Further it also provides leisure and sporting goods and snowboards.
65GF Score
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