Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Belluna Co's operating assets for the quarter that ended in Mar. 2026 was $1,923 Mil. Belluna Co's operating liabilities for the quarter that ended in Mar. 2026 was $244 Mil. Belluna Co's Total Assets for the quarter that ended in Dec. 2025 was $2,208 Mil. Therefore, Belluna Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.76.
Belluna Co Scaled Net Operating Assets Related Terms
Belluna Co Scaled Net Operating Assets Historical Data
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The historical data trend for Belluna Co'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.
BLUNF vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison
For the Specialty Retail subindustry, Belluna Co'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.
Belluna Co Scaled Net Operating Assets vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Belluna Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Belluna Co's Scaled Net Operating Assets 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.
What does a Scaled Net Operating Assets of 0.76 mean?
Belluna Co (BLUNF) has a Scaled Net Operating Assets of 0.76 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 Belluna Co and its competitors.
Is Belluna Co's Scaled Net Operating Assets too high?
Belluna Co's current Scaled Net Operating Assets is 0.76. Overall, Belluna Co has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Belluna Co's Scaled Net Operating Assets compare to CASY and WSM?
Belluna Co's Scaled Net Operating Assets of 0.76 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Belluna Co and its competitors. Belluna Co's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belluna Co stock overvalued right now?
Belluna Co (BLUNF) has a current Scaled Net Operating Assets of 0.76. The stock's GF Value™ is $1.70, compared to a current price of $2.00 — trading 17.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.76. Belluna Co's overall GF Score™ is 62/100 with 3 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 Belluna Co (BLUNF), the current Scaled Net Operating Assets is 0.76 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 Belluna Co (BLUNF) Overvalued in 2026?
Based on GuruFocus' analysis, Belluna Co stock appears to be overvalued.
The current stock price of $2.00 is trading 17.6% above its estimated GF Value™ of $1.70.
Key valuation signals for BLUNF:
Scaled Net Operating Assets: 0.76
GF Value™: $1.70 vs. price of $2.00 (17.6% above fair value)
No single metric tells the full story. See the BLUNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Belluna Co Ltd is primarily a mail-order retailer that sells a wide range of products, including apparel, home furnishings, food, wine, cosmetics, health food, and nursing supplies through catalogs and e-commerce sites. More than 80% of the company's sales come from its mail-order business. Remaining revenue comes from its apparel retail stores; its solution business, which offers outsourced services for Belluna's corporate clients; its finance business, which offers financing services that target mail-order customers; and its property business, which leases office and commercial space and engages in property development. Nearly all the company's sales are in Japan.
62GF Score
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