Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Tokyo Metro Co's Revenue for the
three
months ended in Mar. 2026 was 円105,609 Mil. Tokyo Metro Co's Total Assets for the quarter that ended in Mar. 2026 was 円2,030,821 Mil. Therefore, Tokyo Metro Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.05.
Asset Turnover is linked to ROE % through Du Pont Formula. Tokyo Metro Co's annualizedROE % for the quarter that ended in Mar. 2026 was 4.18%. It is also linked to ROA % through Du Pont Formula. Tokyo Metro Co's annualizedROA % for the quarter that ended in Mar. 2026 was 1.51%.
Tokyo Metro Co (TSE:9023) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Tokyo Metro Co's annulizedROE % for the quarter that ended in Mar. 2026 is
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:
Tokyo Metro Co's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Tokyo Metro Co Asset Turnover Related Terms
Tokyo Metro Co Asset Turnover Historical Data
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The historical data trend for Tokyo Metro 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.
TSE:9023 vs UNP, CSX, NSC: Asset Turnover Comparison
For the Railroads subindustry, Tokyo Metro 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.
Tokyo Metro Co Asset Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Tokyo Metro Co's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Tokyo Metro 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.
Tokyo Metro Co (TSE:9023) has a Asset Turnover of 0.05 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tokyo Metro Co and its competitors.
Is Tokyo Metro Co's Asset Turnover too high?
Tokyo Metro Co's current Asset Turnover is 0.05. Overall, Tokyo Metro Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Metro Co's Asset Turnover compare to UNP and CSX?
Tokyo Metro Co's Asset Turnover of 0.05 can be compared against companies in the Transportation 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 Transportation company?
A good Asset Turnover depends on the Transportation 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 Tokyo Metro Co and its competitors. Tokyo Metro Co's current Asset Turnover is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Metro Co stock overvalued right now?
Tokyo Metro Co (TSE:9023) has a current Asset Turnover of 0.05. The current Asset Turnover is 0.05. Tokyo Metro Co's overall GF Score™ is 9/100 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 Tokyo Metro Co (TSE:9023), the current Asset Turnover is 0.05 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.
Tokyo Metro Co Ltd is engaged in the transportation, real estate, distribution, and advertising businesses. The Transportation segment operates and manages a subway network of nine lines mainly in the Tokyo metropolitan area. The Real Estate segment develops and rents office buildings and hotels, such as Shibuya Mark City, along railway lines. The Distribution and Advertising segment operates commercial facilities like Echika at subway stations and handles advertising within stations and trains, as well as information and communication services. It generates the majority of its revenue from the Transportation segment.
9GF Score
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