Saibu Gas Holdings Co (TSE:9536) Asset Turnover: 0.16 (As of Mar. 2026)

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TSE:9536 Saibu Gas Holdings Co Ltd TSE:9536
62 GF Score
Price 円2,349.00
GF Value 円1,923.91
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Saibu Gas Holdings Co Asset Turnover?

Saibu Gas Holdings Co TSE:9536 +1.34% 62 Asset Turnover is 0.16 as of Mar. 2026. GuruFocus rates TSE:9536 with a GF Score™ of 62/100 and a GF Value™ of 円1,923.91 (Modestly 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. Saibu Gas Holdings Co's Revenue for the three months ended in Mar. 2026 was 円71,786 Mil. Saibu Gas Holdings Co's Total Assets for the quarter that ended in Mar. 2026 was 円459,092 Mil. Therefore, Saibu Gas Holdings Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Saibu Gas Holdings Co's annualized ROE % for the quarter that ended in Mar. 2026 was 4.12%. It is also linked to ROA % through Du Pont Formula. Saibu Gas Holdings Co's annualized ROA % for the quarter that ended in Mar. 2026 was 1.01%.


Saibu Gas Holdings Co  (TSE:9536) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4636/112652
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4636 / 287144)*(287144 / 459091.5)*(459091.5/ 112652)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.61 %*0.6255*4.0753
=ROA %*Equity Multiplier
=1.01 %*4.0753
=4.12 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=4636/459091.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4636 / 287144)*(287144 / 459091.5)
=Net Margin %*Asset Turnover
=1.61 %*0.6255
=1.01 %

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.


Saibu Gas Holdings Co Asset Turnover Related Terms


Saibu Gas Holdings Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Saibu Gas Holdings 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.

Saibu Gas Holdings Co Asset Turnover Chart

Saibu Gas Holdings 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 0.55 0.66 0.61 0.58 0.57

Saibu Gas Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.18 0.15 0.14 0.14 0.16

TSE:9536 vs ATO, NI: Asset Turnover Comparison

For the Utilities - Regulated Gas subindustry, Saibu Gas Holdings 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.


Saibu Gas Holdings Co Asset Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Saibu Gas Holdings Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Saibu Gas Holdings Co's Asset Turnover falls into.


TSE:9536
62GF Score
Saibu Gas Holdings Co Ltd TSE:9536
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saibu Gas Holdings Co Asset Turnover Calculation

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

Saibu Gas Holdings 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 )
=261823/( (447774+465845)/ 2 )
=261823/456809.5
=0.57

Saibu Gas Holdings 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 )
=71786/( (452338+465845)/ 2 )
=71786/459091.5
=0.16

* 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 0.16 mean?
Saibu Gas Holdings Co (TSE:9536) has a Asset Turnover of 0.16 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Saibu Gas Holdings Co and its competitors.
Is Saibu Gas Holdings Co's Asset Turnover too high?
Saibu Gas Holdings Co's current Asset Turnover is 0.16. Overall, Saibu Gas Holdings Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saibu Gas Holdings Co's Asset Turnover compare to ATO and NI?
Saibu Gas Holdings Co's Asset Turnover of 0.16 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Asset Turnover depends on the Utilities - Regulated 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 Saibu Gas Holdings Co and its competitors. Saibu Gas Holdings Co's current Asset Turnover is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saibu Gas Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Saibu Gas Holdings Co (TSE:9536) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,923.91, compared to a current price of 円2,349.00 — trading 22.1% above its estimated fair value. The current Asset Turnover is 0.16. Saibu Gas Holdings Co's overall GF Score™ is 62/100 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 Saibu Gas Holdings Co (TSE:9536), the current Asset Turnover is 0.16 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 Saibu Gas Holdings Co (TSE:9536) Overvalued in 2026?

Based on GuruFocus' analysis, Saibu Gas Holdings Co stock appears to be overvalued. The current stock price of 円2,349.00 is trading 22.1% above its estimated GF Value™ of 円1,923.91. GuruFocus considers Saibu Gas Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:9536:

  • Asset Turnover: 0.16
  • GF Value™: 円1,923.91 vs. price of 円2,349.00 (22.1% above fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the TSE:9536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saibu Gas Holdings Co Business Description

Address 1-17-1 Chiyo Hakata-ku, Fukuoka-shi, JPN
Saibu Gas Holdings Co Ltd is a Japanese natural gas utility that produces, supplies, and sells natural gas and petroleum products. The company segments its operations into gas, liquefied petroleum gas, real estate, and "other" business units. The company primarily distributes and sells natural gas and LPG in the Fukuoka and Kitakyushu areas in the northern part of the Japanese island of Kyushu. Saibu sells gas and liquefied natural gas products to a variety of utility and industrial customers through long-term agreements. The company also is involved in the heating, gas equipment, and photovoltaic power generation business through its other activities.
62GF Score

Get the complete analysis for TSE:9536

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

円2,349.00
Price
円1,923.91
GF Value