Daiwa Securities Living Investment (TSE:8986) Asset Turnover: 0.04 (As of Mar. 2026)

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TSE:8986 Daiwa Securities Living Investment Corp TSE:8986
68 GF Score
Price 円99,100.00
GF Value 円114,113.20
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Daiwa Securities Living Investment Asset Turnover?

Daiwa Securities Living Investment TSE:8986 +0.10% 68 Asset Turnover is 0.04 as of Mar. 2026. GuruFocus rates TSE:8986 with a GF Score™ of 68/100 and a GF Value™ of 円114,113.20 (Modestly Undervalued). The stock has 6 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. Daiwa Securities Living Investment's Revenue for the six months ended in Mar. 2026 was 円14,994 Mil. Daiwa Securities Living Investment's Total Assets for the quarter that ended in Mar. 2026 was 円400,575 Mil. Therefore, Daiwa Securities Living Investment's Asset Turnover for the quarter that ended in Mar. 2026 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Daiwa Securities Living Investment's annualized ROE % for the quarter that ended in Mar. 2026 was 7.31%. It is also linked to ROA % through Du Pont Formula. Daiwa Securities Living Investment's annualized ROA % for the quarter that ended in Mar. 2026 was 3.43%.


Daiwa Securities Living Investment  (TSE:8986) Asset Turnover Explanation

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

Daiwa Securities Living Investment's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=13732.778/187959.913
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13732.778 / 29987.894)*(29987.894 / 400575.4635)*(400575.4635/ 187959.913)
=Net Margin %*Asset Turnover*Equity Multiplier
=45.79 %*0.0749*2.1312
=ROA %*Equity Multiplier
=3.43 %*2.1312
=7.31 %

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:

Daiwa Securities Living Investment's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=13732.778/400575.4635
=(Net Income / Revenue)*(Revenue / Total Assets)
=(13732.778 / 29987.894)*(29987.894 / 400575.4635)
=Net Margin %*Asset Turnover
=45.79 %*0.0749
=3.43 %

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.


Daiwa Securities Living Investment Asset Turnover Related Terms


Daiwa Securities Living Investment Asset Turnover Historical Data

* Premium members only.

The historical data trend for Daiwa Securities Living Investment'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.

Daiwa Securities Living Investment Asset Turnover Chart

Daiwa Securities Living Investment Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.07 0.07 0.07 0.08

Daiwa Securities Living Investment 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 0.04 0.04 0.04 0.04 0.04

TSE:8986 vs AVB, EQR, ESS: Asset Turnover Comparison

For the REIT - Residential subindustry, Daiwa Securities Living Investment'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.


Daiwa Securities Living Investment Asset Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Daiwa Securities Living Investment's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Daiwa Securities Living Investment's Asset Turnover falls into.


TSE:8986
68GF Score
Daiwa Securities Living Investment Corp TSE:8986
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiwa Securities Living Investment Asset Turnover Calculation

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

Daiwa Securities Living Investment's Asset Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=29853.924/( (400085.057+400132.925)/ 2 )
=29853.924/400108.991
=0.07

Daiwa Securities Living Investment'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 )
=14993.947/( (400132.925+401018.002)/ 2 )
=14993.947/400575.4635
=0.04

* 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 0.04 mean?
Daiwa Securities Living Investment (TSE:8986) has a Asset Turnover of 0.04 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Daiwa Securities Living Investment and its competitors.
Is Daiwa Securities Living Investment's Asset Turnover too high?
Daiwa Securities Living Investment's current Asset Turnover is 0.04. Overall, Daiwa Securities Living Investment has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Securities Living Investment's Asset Turnover compare to AVB and EQR?
Daiwa Securities Living Investment's Asset Turnover of 0.04 can be compared against companies in the REITs 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 REITs company?
A good Asset Turnover depends on the REITs 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 Daiwa Securities Living Investment and its competitors. Daiwa Securities Living Investment's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Securities Living Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Securities Living Investment (TSE:8986) is currently considered Modestly Undervalued. The stock's GF Value™ is 円114,113.20, compared to a current price of 円99,100.00 — trading 13.2% below its estimated fair value. The current Asset Turnover is 0.04. Daiwa Securities Living Investment's overall GF Score™ is 68/100 with 6 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 Daiwa Securities Living Investment (TSE:8986), the current Asset Turnover is 0.04 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 Daiwa Securities Living Investment (TSE:8986) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa Securities Living Investment stock appears to be undervalued. The current stock price of 円99,100.00 is trading 13.2% below its estimated GF Value™ of 円114,113.20. GuruFocus considers Daiwa Securities Living Investment to be Modestly Undervalued.

Key valuation signals for TSE:8986:

  • Asset Turnover: 0.04
  • GF Value™: 円114,113.20 vs. price of 円99,100.00 (13.2% below fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the TSE:8986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiwa Securities Living Investment Business Description

Industry Real EstateREITs
Address 6-2-1 Ginza, Chuo-ku, Tokyo, JPN, 105-0004
Daiwa Securities Living Investment Corp is an investment company operating in Japan. It invests in specified assets such as real estates that are used for residential purposes which are located across Japan.
68GF Score

Get the complete analysis for TSE:8986

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

円99,100.00
Price
円114,113.20
GF Value