Hokushin Co (TSE:7897) Asset Turnover: 0.19 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:7897 Hokushin Co Ltd TSE:7897
53 GF Score
Price 円106.00
GF Value 円104.70
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Hokushin Co Asset Turnover?

Hokushin Co TSE:7897 53 Asset Turnover is 0.19 as of Mar. 2026. GuruFocus rates TSE:7897 with a GF Score™ of 53/100 and a GF Value™ of 円104.70 (Fairly Valued). 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. Hokushin Co's Revenue for the three months ended in Mar. 2026 was 円2,524 Mil. Hokushin Co's Total Assets for the quarter that ended in Mar. 2026 was 円13,563 Mil. Therefore, Hokushin Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Hokushin Co's annualized ROE % for the quarter that ended in Mar. 2026 was 2.36%. It is also linked to ROA % through Du Pont Formula. Hokushin Co's annualized ROA % for the quarter that ended in Mar. 2026 was 1.02%.


Hokushin Co  (TSE:7897) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=138.192/5855.1305
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(138.192 / 10094.144)*(10094.144 / 13563.191)*(13563.191/ 5855.1305)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.37 %*0.7442*2.3165
=ROA %*Equity Multiplier
=1.02 %*2.3165
=2.36 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=138.192/13563.191
=(Net Income / Revenue)*(Revenue / Total Assets)
=(138.192 / 10094.144)*(10094.144 / 13563.191)
=Net Margin %*Asset Turnover
=1.37 %*0.7442
=1.02 %

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.


Hokushin Co Asset Turnover Related Terms


Hokushin Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Hokushin 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.

Hokushin Co Asset Turnover Chart

Hokushin 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 0.82 0.92 0.77 0.73 0.77

Hokushin Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.18 0.19 0.19 0.19 0.21

TSE:7897 vs SSD, UFPI, BCC: Asset Turnover Comparison

For the Lumber & Wood Production subindustry, Hokushin 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.


Hokushin Co Asset Turnover vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Hokushin Co's Asset Turnover distribution charts can be found below:

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


TSE:7897
53GF Score
Hokushin Co Ltd TSE:7897
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokushin Co Asset Turnover Calculation

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

Hokushin 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 )
=10267.632/( (13730.263+13069.083)/ 2 )
=10267.632/13399.673
=0.77

Hokushin 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 )
=2523.536/( (14057.299+13069.083)/ 2 )
=2523.536/13563.191
=0.19

* 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 0.19 mean?
Hokushin Co (TSE:7897) has a Asset Turnover of 0.19 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hokushin Co and its competitors.
Is Hokushin Co's Asset Turnover too high?
Hokushin Co's current Asset Turnover is 0.19. Overall, Hokushin Co has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hokushin Co's Asset Turnover compare to SSD and UFPI?
Hokushin Co's Asset Turnover of 0.19 can be compared against companies in the Forest Products 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 Forest Products company?
A good Asset Turnover depends on the Forest Products 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 Hokushin Co and its competitors. Hokushin Co's current Asset Turnover is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokushin Co stock overvalued right now?
Based on GuruFocus' analysis, Hokushin Co (TSE:7897) is currently considered Fairly Valued. The stock's GF Value™ is 円104.70, compared to a current price of 円106.00 — trading 1.2% above its estimated fair value. The current Asset Turnover is 0.19. Hokushin Co's overall GF Score™ is 53/100 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 Hokushin Co (TSE:7897), the current Asset Turnover is 0.19 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 Hokushin Co (TSE:7897) Overvalued in 2026?

Based on GuruFocus' analysis, Hokushin Co stock appears to be overvalued. The current stock price of 円106.00 is trading 1.2% above its estimated GF Value™ of 円104.70. GuruFocus considers Hokushin Co to be Fairly Valued.

Key valuation signals for TSE:7897:

  • Asset Turnover: 0.19
  • GF Value™: 円104.70 vs. price of 円106.00 (1.2% above fair value)
  • GF Score™: 53/100 with 7 warning signs

No single metric tells the full story. See the TSE:7897 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokushin Co Business Description

Address 7-5-8 Asakusa, Hayashi Building 1st Floor, Taito-ku, Tokyo, JPN, +81 368211899
Hokushin Co Ltd is engaged in the manufacturing and sale of wood products. It offers medium-density fiberboard products under the brand Starwood.
53GF Score

Get the complete analysis for TSE:7897

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

円106.00
Price
円104.70
GF Value