Maruhachi Warehouse Co (TSE:9313) Asset Turnover: 0.06 (As of May. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:9313 Maruhachi Warehouse Co Ltd TSE:9313
66 GF Score
Price 円1,028.00
GF Value 円838.16
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Maruhachi Warehouse Co Asset Turnover?

Maruhachi Warehouse Co TSE:9313 -1.81% 66 Asset Turnover is 0.06 as of May. 2026. GuruFocus rates TSE:9313 with a GF Score™ of 66/100 and a GF Value™ of 円838.16 (Modestly Overvalued). 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. Maruhachi Warehouse Co's Revenue for the three months ended in May. 2026 was 円1,277 Mil. Maruhachi Warehouse Co's Total Assets for the quarter that ended in May. 2026 was 円20,849 Mil. Therefore, Maruhachi Warehouse Co's Asset Turnover for the quarter that ended in May. 2026 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. Maruhachi Warehouse Co's annualized ROE % for the quarter that ended in May. 2026 was 5.03%. It is also linked to ROA % through Du Pont Formula. Maruhachi Warehouse Co's annualized ROA % for the quarter that ended in May. 2026 was 3.16%.


Maruhachi Warehouse Co  (TSE:9313) Asset Turnover Explanation

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

Maruhachi Warehouse Co's annulized ROE % for the quarter that ended in May. 2026 is

ROE %**(Q: May. 2026 )
=Net Income/Total Stockholders Equity
=658.848/13109.185
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(658.848 / 5108.148)*(5108.148 / 20849.258)*(20849.258/ 13109.185)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.9 %*0.245*1.5904
=ROA %*Equity Multiplier
=3.16 %*1.5904
=5.03 %

Note: The Net Income data used here is four times the quarterly (May. 2026) net income data. The Revenue data used here is four times the quarterly (May. 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:

Maruhachi Warehouse Co's annulized ROA % for the quarter that ended in May. 2026 is

ROA %(Q: May. 2026 )
=Net Income/Total Assets
=658.848/20849.258
=(Net Income / Revenue)*(Revenue / Total Assets)
=(658.848 / 5108.148)*(5108.148 / 20849.258)
=Net Margin %*Asset Turnover
=12.9 %*0.245
=3.16 %

Note: The Net Income data used here is four times the quarterly (May. 2026) net income data. The Revenue data used here is four times the quarterly (May. 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.


Maruhachi Warehouse Co Asset Turnover Related Terms


Maruhachi Warehouse Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Maruhachi Warehouse 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.

Maruhachi Warehouse Co Asset Turnover Chart

Maruhachi Warehouse Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.26 0.27 0.27 0.25

Maruhachi Warehouse Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.06 0.06 0.06 0.06

TSE:9313 vs CTAS, CPRT, GPN: Asset Turnover Comparison

For the Specialty Business Services subindustry, Maruhachi Warehouse 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.


Maruhachi Warehouse Co Asset Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Maruhachi Warehouse Co's Asset Turnover distribution charts can be found below:

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


TSE:9313
66GF Score
Maruhachi Warehouse Co Ltd TSE:9313
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruhachi Warehouse Co Asset Turnover Calculation

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

Maruhachi Warehouse Co's Asset Turnover for the fiscal year that ended in Nov. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2025 )/( (Total Assets (A: Nov. 2024 )+Total Assets (A: Nov. 2025 ))/ count )
=4931.022/( (18832.421+20446.683)/ 2 )
=4931.022/19639.552
=0.25

Maruhachi Warehouse Co's Asset Turnover for the quarter that ended in May. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: May. 2026 )/( (Total Assets (Q: Feb. 2026 )+Total Assets (Q: May. 2026 ))/ count )
=1277.037/( (21030.734+20667.782)/ 2 )
=1277.037/20849.258
=0.06

* 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 0.06 mean?
Maruhachi Warehouse Co (TSE:9313) has a Asset Turnover of 0.06 as of May. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Maruhachi Warehouse Co and its competitors.
Is Maruhachi Warehouse Co's Asset Turnover too high?
Maruhachi Warehouse Co's current Asset Turnover is 0.06. Overall, Maruhachi Warehouse Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Warehouse Co's Asset Turnover compare to CTAS and CPRT?
Maruhachi Warehouse Co's Asset Turnover of 0.06 can be compared against companies in the Business Services 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 Business Services company?
A good Asset Turnover depends on the Business Services 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 Maruhachi Warehouse Co and its competitors. Maruhachi Warehouse Co's current Asset Turnover is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Warehouse Co (TSE:9313) is currently considered Modestly Overvalued. The stock's GF Value™ is 円838.16, compared to a current price of 円1,028.00 — trading 22.6% above its estimated fair value. The current Asset Turnover is 0.06. Maruhachi Warehouse Co's overall GF Score™ is 66/100 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 Maruhachi Warehouse Co (TSE:9313), the current Asset Turnover is 0.06 as of May. 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 Maruhachi Warehouse Co (TSE:9313) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Warehouse Co stock appears to be overvalued. The current stock price of 円1,028.00 is trading 22.6% above its estimated GF Value™ of 円838.16. GuruFocus considers Maruhachi Warehouse Co to be Modestly Overvalued.

Key valuation signals for TSE:9313:

  • Asset Turnover: 0.06
  • GF Value™: 円838.16 vs. price of 円1,028.00 (22.6% above fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the TSE:9313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Warehouse Co Business Description

Address 2-1-9 Tomioka, Koto Ward, Tokyo HF Monzennakacho Building, 4th Floor, Tokyo, JPN, 135-0047
Maruhachi Warehouse Co Ltd operates warehouses and distribution centers. It reports its activities as two business segments - Logistics Business and Real Estate Business. The majority of its revenue is derived from the Logistics business segment. Its services include warehousing, warehousing leasing, cargo disposal of goods, freight transportation, real estate, and brokerage.
66GF Score

Get the complete analysis for TSE:9313

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

円1,028.00
Price
円838.16
GF Value