BSN Media Holdings (TSE:9408) Asset Turnover: 0.41 (As of Mar. 2026)


TSE:9408 BSN Media Holdings Inc TSE:9408
61 GF Score
Price 円2,582.00
GF Value 円1,900.27
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is BSN Media Holdings Asset Turnover?

BSN Media Holdings TSE:9408 61 Asset Turnover is 0.41 as of Mar. 2026. GuruFocus rates TSE:9408 with a GF Score™ of 61/100 and a GF Value™ of 円1,900.27 (Significantly Overvalued). The stock has 3 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. BSN Media Holdings's Revenue for the six months ended in Mar. 2026 was 円14,709 Mil. BSN Media Holdings's Total Assets for the quarter that ended in Mar. 2026 was 円35,488 Mil. Therefore, BSN Media Holdings's Asset Turnover for the quarter that ended in Mar. 2026 was 0.41.

Asset Turnover is linked to ROE % through Du Pont Formula. BSN Media Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 7.78%. It is also linked to ROA % through Du Pont Formula. BSN Media Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 5.70%.


BSN Media Holdings  (TSE:9408) Asset Turnover Explanation

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

BSN Media Holdings's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2021.24/25989.067
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2021.24 / 29417.132)*(29417.132 / 35488.477)*(35488.477/ 25989.067)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.87 %*0.8289*1.3655
=ROA %*Equity Multiplier
=5.70 %*1.3655
=7.78 %

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:

BSN Media Holdings's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2021.24/35488.477
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2021.24 / 29417.132)*(29417.132 / 35488.477)
=Net Margin %*Asset Turnover
=6.87 %*0.8289
=5.70 %

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.


BSN Media Holdings Asset Turnover Related Terms


BSN Media Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for BSN Media Holdings'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.

BSN Media Holdings Asset Turnover Chart

BSN Media Holdings 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 0.86 0.78 0.75 0.73

BSN Media Holdings 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 0.43 0.33 0.44 0.33 0.41

TSE:9408 vs IBM, ACN, FISV: Asset Turnover Comparison

For the Information Technology Services subindustry, BSN Media Holdings'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.


BSN Media Holdings Asset Turnover vs Software Industry

For the Software industry and Technology sector, BSN Media Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where BSN Media Holdings's Asset Turnover falls into.


TSE:9408
61GF Score
BSN Media Holdings Inc TSE:9408
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BSN Media Holdings Asset Turnover Calculation

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

BSN Media Holdings'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 )
=25756.581/( (33314.508+36937.572)/ 2 )
=25756.581/35126.04
=0.73

BSN Media Holdings'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 )
=14708.566/( (34039.382+36937.572)/ 2 )
=14708.566/35488.477
=0.41

* 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 0.41 mean?
BSN Media Holdings (TSE:9408) has a Asset Turnover of 0.41 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on BSN Media Holdings and its competitors.
Is BSN Media Holdings' Asset Turnover too high?
BSN Media Holdings' current Asset Turnover is 0.41. Overall, BSN Media Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BSN Media Holdings' Asset Turnover compare to IBM and ACN?
BSN Media Holdings' Asset Turnover of 0.41 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 BSN Media Holdings and its competitors. BSN Media Holdings's current Asset Turnover is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BSN Media Holdings stock overvalued right now?
Based on GuruFocus' analysis, BSN Media Holdings (TSE:9408) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,900.27, compared to a current price of 円2,582.00 — trading 35.9% above its estimated fair value. The current Asset Turnover is 0.41. BSN Media Holdings' overall GF Score™ is 61/100 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 BSN Media Holdings (TSE:9408), the current Asset Turnover is 0.41 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 BSN Media Holdings (TSE:9408) Overvalued in 2026?

Based on GuruFocus' analysis, BSN Media Holdings stock appears to be overvalued. The current stock price of 円2,582.00 is trading 35.9% above its estimated GF Value™ of 円1,900.27. GuruFocus considers BSN Media Holdings to be Significantly Overvalued.

Key valuation signals for TSE:9408:

  • Asset Turnover: 0.41
  • GF Value™: 円1,900.27 vs. price of 円2,582.00 (35.9% above fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the TSE:9408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BSN Media Holdings Business Description

Address 3-18 Kawagishi-cho, Niigata, JPN, 951-8655
BSN Media Holdings Inc is engaged in basic broadcasting and general broadcasting business. The business activities of the company include planning, production, and sale of broadcast programs, entertainment of various kinds of events like art, music, and sports, and publications. The company's operating segments are Broadcasting Business, System-related Business, Building Services, and Other Businesses. The Broadcasting Business is mainly engaged in general radio and television broadcasting. The System-related business is mainly engaged in IT solution-related businesses such as system integration. The Building Services and Other Business is mainly engaged in building management and real estate business. The majority of its revenue is generated from the System-related Business.
61GF Score

Get the complete analysis for TSE:9408

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

円2,582.00
Price
円1,900.27
GF Value