Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Altech Co's Revenue for the
six
months ended in Nov. 2025 was 円9,430 Mil. Altech Co's Total Assets for the quarter that ended in Nov. 2025 was 円16,735 Mil. Therefore, Altech Co's Asset Turnover for the quarter that ended in Nov. 2025 was 0.56.
Asset Turnover is linked to ROE % through Du Pont Formula. Altech Co's annualizedROE % for the quarter that ended in Nov. 2025 was -53.93%. It is also linked to ROA % through Du Pont Formula. Altech Co's annualizedROA % for the quarter that ended in Nov. 2025 was -31.64%.
Altech Co (TSE:9972) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Altech Co's annulizedROE % for the quarter that ended in Nov. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 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:
Altech Co's annulizedROA % for the quarter that ended in Nov. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 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.
Altech Co Asset Turnover Related Terms
Altech Co Asset Turnover Historical Data
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The historical data trend for Altech 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.
TSE:9972 vs GEV, ETN, PH: Asset Turnover Comparison
For the Specialty Industrial Machinery subindustry, Altech 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.
Altech Co Asset Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Altech Co's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Altech Co'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.
Altech Co (TSE:9972) has a Asset Turnover of 0.56 as of Nov. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Altech Co and its competitors.
Is Altech Co's Asset Turnover too high?
Altech Co's current Asset Turnover is 0.56. Overall, Altech Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altech Co's Asset Turnover compare to GEV and ETN?
Altech Co's Asset Turnover of 0.56 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Altech Co and its competitors. Altech Co's current Asset Turnover is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altech Co stock overvalued right now?
Based on GuruFocus' analysis, Altech Co (TSE:9972) is currently considered Fairly Valued. The stock's GF Value™ is 円269.56, compared to a current price of 円290.00 — trading 7.6% above its estimated fair value. The current Asset Turnover is 0.56. Altech Co's overall GF Score™ is 72/100 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 Altech Co (TSE:9972), the current Asset Turnover is 0.56 as of Nov. 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 Altech Co (TSE:9972) Overvalued in 2026?
Based on GuruFocus' analysis, Altech Co stock appears to be overvalued.
The current stock price of 円290.00 is trading 7.6% above its estimated GF Value™ of 円269.56.
GuruFocus considers Altech Co to be Fairly Valued.
Key valuation signals for TSE:9972:
Asset Turnover: 0.56
GF Value™: 円269.56 vs. price of 円290.00 (7.6% above fair value)
No single metric tells the full story. See the TSE:9972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altech Co Ltd is engaged in the trading business, which purchases and sells industrial machinery and equipment, and provides related services. It manufactures and sells preforms for PET bottles and plastic caps, and provides related services. Geographically, it operates in Japan, Asia, Americas, and Europe, of which Japan derives maximum revenue. The company's products include: Automotive-related, AV control systems, Printing, Container & Packaging, 3D Printers, Logistics & Supply Chain, Robotics, IC card/RFID tag systems, 5G/IoT inspection equipment, Plastic processing & extrusion equipment, Composite materials, Next-generation electronics, Nanotechnology, Food manufacturing & processing, Medical & pharmaceutical, Cosmetics, Chemical, Water treatment, and Beverage systems.
72GF Score
Get the complete analysis for TSE:9972
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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