AHKSY (Asahi Kasei) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)


AHKSY Asahi Kasei Corp AHKSY
75 GF Score
Price $22.39
GF Value $14.76
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Asahi Kasei Scaled Net Operating Assets?

Asahi Kasei AHKSY +0.13% 75 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates AHKSY with a GF Score™ of 75/100 and a GF Value™ of $14.76 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Asahi Kasei's operating assets for the quarter that ended in Mar. 2026 was $23,701 Mil. Asahi Kasei's operating liabilities for the quarter that ended in Mar. 2026 was $6,057 Mil. Asahi Kasei's Total Assets for the quarter that ended in Dec. 2025 was $26,711 Mil. Therefore, Asahi Kasei's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.


Asahi Kasei Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Asahi Kasei's Scaled Net Operating Assets 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.

Asahi Kasei Scaled Net Operating Assets Chart

Asahi Kasei Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.64 0.64 0.75 0.66

Asahi Kasei Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.69 0.70 0.66 0.66 0.66

AHKSY vs HON, MMM: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Asahi Kasei's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Asahi Kasei Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Asahi Kasei's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Asahi Kasei's Scaled Net Operating Assets falls into.


AHKSY
75GF Score
Asahi Kasei Corp AHKSY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi Kasei Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Asahi Kasei's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(23700.883-6056.577)/26937.332
=0.66

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26076.838 - 2375.955
=23700.883

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12429.175 - 5495.004 - 877.594
=6056.577

Asahi Kasei's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(23700.883-6056.577)/26711.323
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26076.838 - 2375.955
=23700.883

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12429.175 - 5495.004 - 877.594
=6056.577

* 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.

What does a Scaled Net Operating Assets of 0.66 mean?
Asahi Kasei (AHKSY) has a Scaled Net Operating Assets of 0.66 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Asahi Kasei and its competitors.
Is Asahi Kasei's Scaled Net Operating Assets too high?
Asahi Kasei's current Scaled Net Operating Assets is 0.66. Overall, Asahi Kasei has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kasei's Scaled Net Operating Assets compare to HON and MMM?
Asahi Kasei's Scaled Net Operating Assets of 0.66 can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Asahi Kasei and its competitors. Asahi Kasei's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kasei stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kasei (AHKSY) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.76, compared to a current price of $22.39 — trading 51.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Asahi Kasei's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Asahi Kasei (AHKSY), the current Scaled Net Operating Assets is 0.66 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 Asahi Kasei (AHKSY) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Kasei stock appears to be overvalued. The current stock price of $22.39 is trading 51.7% above its estimated GF Value™ of $14.76. GuruFocus considers Asahi Kasei to be Significantly Overvalued.

Key valuation signals for AHKSY:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: $14.76 vs. price of $22.39 (51.7% above fair value)
  • GF Score™: 75/100 with 8 warning signs

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


Asahi Kasei Business Description

Address 1-1-2 Yurakucho, Chiyoda-ku, Tokyo, JPN, 100-0006
Asahi Kasei Corp is a Japanese industrial conglomerate mainly engaged in materials, housing, and healthcare businesses. The Health Care segment covers pharmaceuticals, healthcare, and critical care. The Housing segment includes housing and building materials businesses. The Material segment consists of environmental solutions, mobility & industry, AL business, and life innovation, such as digital solutions and comfort life. The Others segment includes plant and environmental engineering, research and information services, as well as staffing and placement businesses. It generates the majority of its revenue from the Material segment.
75GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.39
Price
$14.76
GF Value