The Kyoto Hotel (TSE:9723) Asset Turnover: 0.32 (As of Mar. 2026)


TSE:9723 The Kyoto Hotel Ltd TSE:9723
70 GF Score
Price 円632.00
GF Value 円747.10
Valuation Modestly Undervalued
! 4 Warning Signs
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What is The Kyoto Hotel Asset Turnover?

The Kyoto Hotel TSE:9723 -0.32% 70 Asset Turnover is 0.32 as of Mar. 2026. GuruFocus rates TSE:9723 with a GF Score™ of 70/100 and a GF Value™ of 円747.10 (Modestly Undervalued). The stock has 4 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. The Kyoto Hotel's Revenue for the six months ended in Mar. 2026 was 円5,311 Mil. The Kyoto Hotel's Total Assets for the quarter that ended in Mar. 2026 was 円16,735 Mil. Therefore, The Kyoto Hotel's Asset Turnover for the quarter that ended in Mar. 2026 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. The Kyoto Hotel's annualized ROE % for the quarter that ended in Mar. 2026 was 41.96%. It is also linked to ROA % through Du Pont Formula. The Kyoto Hotel's annualized ROA % for the quarter that ended in Mar. 2026 was 7.85%.


The Kyoto Hotel  (TSE:9723) Asset Turnover Explanation

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

The Kyoto Hotel's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1313.2/3129.915
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1313.2 / 10621.63)*(10621.63 / 16735.253)*(16735.253/ 3129.915)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.36 %*0.6347*5.3469
=ROA %*Equity Multiplier
=7.85 %*5.3469
=41.96 %

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:

The Kyoto Hotel's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1313.2/16735.253
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1313.2 / 10621.63)*(10621.63 / 16735.253)
=Net Margin %*Asset Turnover
=12.36 %*0.6347
=7.85 %

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.


The Kyoto Hotel Asset Turnover Related Terms


The Kyoto Hotel Asset Turnover Historical Data

* Premium members only.

The historical data trend for The Kyoto Hotel'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.

The Kyoto Hotel Asset Turnover Chart

The Kyoto Hotel Annual Data
Trend Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.45 0.56 0.57 0.58

The Kyoto Hotel Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 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 0.30 0.26 0.31 0.27 0.32

TSE:9723 vs MAR, HLT, H: Asset Turnover Comparison

For the Lodging subindustry, The Kyoto Hotel'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.


The Kyoto Hotel Asset Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Kyoto Hotel's Asset Turnover distribution charts can be found below:

* The bar in red indicates where The Kyoto Hotel's Asset Turnover falls into.


TSE:9723
70GF Score
The Kyoto Hotel Ltd TSE:9723
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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The Kyoto Hotel Asset Turnover Calculation

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

The Kyoto Hotel'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 )
=9772.112/( (16627.681+17105.545)/ 2 )
=9772.112/16866.613
=0.58

The Kyoto Hotel'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 )
=5310.815/( (16364.961+17105.545)/ 2 )
=5310.815/16735.253
=0.32

* 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 0.32 mean?
The Kyoto Hotel (TSE:9723) has a Asset Turnover of 0.32 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on The Kyoto Hotel and its competitors.
Is The Kyoto Hotel's Asset Turnover too high?
The Kyoto Hotel's current Asset Turnover is 0.32. Overall, The Kyoto Hotel has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Kyoto Hotel's Asset Turnover compare to MAR and HLT?
The Kyoto Hotel's Asset Turnover of 0.32 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure 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 The Kyoto Hotel and its competitors. The Kyoto Hotel's current Asset Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Kyoto Hotel stock overvalued right now?
Based on GuruFocus' analysis, The Kyoto Hotel (TSE:9723) is currently considered Modestly Undervalued. The stock's GF Value™ is 円747.10, compared to a current price of 円632.00 — trading 15.4% below its estimated fair value. The current Asset Turnover is 0.32. The Kyoto Hotel's overall GF Score™ is 70/100 with 4 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 The Kyoto Hotel (TSE:9723), the current Asset Turnover is 0.32 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 The Kyoto Hotel (TSE:9723) Overvalued in 2026?

Based on GuruFocus' analysis, The Kyoto Hotel stock appears to be undervalued. The current stock price of 円632.00 is trading 15.4% below its estimated GF Value™ of 円747.10. GuruFocus considers The Kyoto Hotel to be Modestly Undervalued.

Key valuation signals for TSE:9723:

  • Asset Turnover: 0.32
  • GF Value™: 円747.10 vs. price of 円632.00 (15.4% below fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the TSE:9723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Kyoto Hotel Business Description

Address 537-4, Ichinofunairi-cho, Nijo minami-iru, Kawaramachi-dori, Nakagyo-ku, Kyoto, JPN, 604-8558
The Kyoto Hotel Ltd operates hotels & banquet halls in Japan. The Company manages restaurants & bars under the names of Kyoto Hotel Okura and Karasuma Kyoto Hotel. It operates in four divisions: accommodation, banquet, restaurant & others division. It also has the online shop.
70GF Score

Get the complete analysis for TSE:9723

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

円632.00
Price
円747.10
GF Value