Subaru Enterprise Co (TSE:9632) Asset Turnover: 0.35 (As of Jan. 2026)


TSE:9632 Subaru Enterprise Co Ltd TSE:9632
74 GF Score
Price 円3,545.00
GF Value 円3,020.93
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Subaru Enterprise Co Asset Turnover?

Subaru Enterprise Co TSE:9632 -0.70% 74 Asset Turnover is 0.35 as of Jan. 2026. GuruFocus rates TSE:9632 with a GF Score™ of 74/100 and a GF Value™ of 円3,020.93 (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. Subaru Enterprise Co's Revenue for the six months ended in Jan. 2026 was 円14,959 Mil. Subaru Enterprise Co's Total Assets for the quarter that ended in Jan. 2026 was 円43,038 Mil. Therefore, Subaru Enterprise Co's Asset Turnover for the quarter that ended in Jan. 2026 was 0.35.

Asset Turnover is linked to ROE % through Du Pont Formula. Subaru Enterprise Co's annualized ROE % for the quarter that ended in Jan. 2026 was 2.77%. It is also linked to ROA % through Du Pont Formula. Subaru Enterprise Co's annualized ROA % for the quarter that ended in Jan. 2026 was 2.38%.


Subaru Enterprise Co  (TSE:9632) Asset Turnover Explanation

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

Subaru Enterprise Co's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=1023.744/36941.1025
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1023.744 / 29918.758)*(29918.758 / 43037.623)*(43037.623/ 36941.1025)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.42 %*0.6952*1.165
=ROA %*Equity Multiplier
=2.38 %*1.165
=2.77 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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:

Subaru Enterprise Co's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=1023.744/43037.623
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1023.744 / 29918.758)*(29918.758 / 43037.623)
=Net Margin %*Asset Turnover
=3.42 %*0.6952
=2.38 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.


Subaru Enterprise Co Asset Turnover Related Terms


Subaru Enterprise Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Subaru Enterprise 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.

Subaru Enterprise Co Asset Turnover Chart

Subaru Enterprise Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.82 0.78 0.76 0.70

Subaru Enterprise Co Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.38 0.38 0.38 0.35 0.35

TSE:9632 vs CTAS, CPRT, ULS: Asset Turnover Comparison

For the Specialty Business Services subindustry, Subaru Enterprise 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.


Subaru Enterprise Co Asset Turnover vs Business Services Industry

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

* The bar in red indicates where Subaru Enterprise Co's Asset Turnover falls into.


TSE:9632
74GF Score
Subaru Enterprise Co Ltd TSE:9632
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Subaru Enterprise Co Asset Turnover Calculation

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

Subaru Enterprise Co's Asset Turnover for the fiscal year that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2026 )/( (Total Assets (A: Jan. 2025 )+Total Assets (A: Jan. 2026 ))/ count )
=29611.297/( (40822.192+43828.047)/ 2 )
=29611.297/42325.1195
=0.70

Subaru Enterprise Co's Asset Turnover for the quarter that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Jul. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=14959.379/( (42247.199+43828.047)/ 2 )
=14959.379/43037.623
=0.35

* 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 0.35 mean?
Subaru Enterprise Co (TSE:9632) has a Asset Turnover of 0.35 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Subaru Enterprise Co and its competitors.
Is Subaru Enterprise Co's Asset Turnover too high?
Subaru Enterprise Co's current Asset Turnover is 0.35. Overall, Subaru Enterprise Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Subaru Enterprise Co's Asset Turnover compare to CTAS and CPRT?
Subaru Enterprise Co's Asset Turnover of 0.35 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 Subaru Enterprise Co and its competitors. Subaru Enterprise Co's current Asset Turnover is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Subaru Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Subaru Enterprise Co (TSE:9632) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,020.93, compared to a current price of 円3,545.00 — trading 17.3% above its estimated fair value. The current Asset Turnover is 0.35. Subaru Enterprise Co's overall GF Score™ is 74/100 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 Subaru Enterprise Co (TSE:9632), the current Asset Turnover is 0.35 as of Jan. 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 Subaru Enterprise Co (TSE:9632) Overvalued in 2026?

Based on GuruFocus' analysis, Subaru Enterprise Co stock appears to be overvalued. The current stock price of 円3,545.00 is trading 17.3% above its estimated GF Value™ of 円3,020.93. GuruFocus considers Subaru Enterprise Co to be Modestly Overvalued.

Key valuation signals for TSE:9632:

  • Asset Turnover: 0.35
  • GF Value™: 円3,020.93 vs. price of 円3,545.00 (17.3% above fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the TSE:9632 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Subaru Enterprise Co Business Description

Address 1-5-2 Yurakucho, 9th Floor, Toho Hibiya Promenade Building, Chiyoda-ku, Tokyo, JPN
Subaru Enterprise Co Ltd is a Japan-based company. Its business is divided into the following reportable segments: Road related business, Leisure business, and Real estate business. Road related business offers maintenance and cleaning of roads and road incidental facilities, contracting repair work, contracted operation of highway facilities, and photovoltaic power generation business. Leisure business involves customer service businesses such as food and beverage, and retail sales, as well as the management and operation of marinas, and the Real estate business is engaged in the real estate rental business. Maximum revenue for the group is generated from its Road related business.
74GF Score

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

円3,545.00
Price
円3,020.93
GF Value