Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. San Holdings's Revenue for the
six
months ended in Sep. 2025 was 円18,233 Mil. San Holdings's Total Assets for the quarter that ended in Sep. 2025 was 円61,283 Mil. Therefore, San Holdings's Asset Turnover for the quarter that ended in Sep. 2025 was 0.30.
Asset Turnover is linked to ROE % through Du Pont Formula. San Holdings's annualizedROE % for the quarter that ended in Sep. 2025 was 4.75%. It is also linked to ROA % through Du Pont Formula. San Holdings's annualizedROA % for the quarter that ended in Sep. 2025 was 2.90%.
San Holdings (TSE:9628) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
San Holdings's annulizedROE % for the quarter that ended in Sep. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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:
San Holdings's annulizedROA % for the quarter that ended in Sep. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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.
San Holdings Asset Turnover Related Terms
San Holdings Asset Turnover Historical Data
* Premium members only.
The historical data trend for San 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.
TSE:9628 vs ROL, SCI, FTDR: Asset Turnover Comparison
For the Personal Services subindustry, San 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.
San Holdings Asset Turnover vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, San Holdings's Asset Turnover distribution charts can be found below:
* The bar in red indicates where San Holdings'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.
San Holdings (TSE:9628) has a Asset Turnover of 0.30 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on San Holdings and its competitors.
Is San Holdings' Asset Turnover too high?
San Holdings' current Asset Turnover is 0.30. Overall, San Holdings has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Holdings' Asset Turnover compare to ROL and SCI?
San Holdings' Asset Turnover of 0.30 can be compared against companies in the Personal 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 Personal Services company?
A good Asset Turnover depends on the Personal 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 San Holdings and its competitors. San Holdings's current Asset Turnover is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Holdings stock overvalued right now?
Based on GuruFocus' analysis, San Holdings (TSE:9628) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,101.25, compared to a current price of 円1,383.00 — trading 34.2% below its estimated fair value. The current Asset Turnover is 0.30. San Holdings' overall GF Score™ is 81/100 with 5 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 San Holdings (TSE:9628), the current Asset Turnover is 0.30 as of Sep. 2025. 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 San Holdings (TSE:9628) Overvalued in 2026?
Based on GuruFocus' analysis, San Holdings stock appears to be undervalued.
The current stock price of 円1,383.00 is trading 34.2% below its estimated GF Value™ of 円2,101.25.
GuruFocus considers San Holdings to be Significantly Undervalued.
Key valuation signals for TSE:9628:
Asset Turnover: 0.30
GF Value™: 円2,101.25 vs. price of 円1,383.00 (34.2% below fair value)
No single metric tells the full story. See the TSE:9628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
San Holdings Inc is a Japan-based holding company along with its subsidiaries the firm is engaged in funerary business. It arranges funerals and provides funerary services according to individual customers.
81GF Score
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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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