Citizen Watch Co (FRA:CTZ) Scaled Net Operating Assets: 0.57 (As of Mar. 2026)


FRA:CTZ Citizen Watch Co Ltd FRA:CTZ
64 GF Score
Price €13.10
GF Value €6.15
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Citizen Watch Co Scaled Net Operating Assets?

Citizen Watch Co FRA:CTZ -3.68% 64 Scaled Net Operating Assets is 0.57 as of Mar. 2026. GuruFocus rates FRA:CTZ with a GF Score™ of 64/100 and a GF Value™ of €6.15 (Significantly Overvalued). The stock has 5 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.

Citizen Watch Co's operating assets for the quarter that ended in Mar. 2026 was €1,977 Mil. Citizen Watch Co's operating liabilities for the quarter that ended in Mar. 2026 was €546 Mil. Citizen Watch Co's Total Assets for the quarter that ended in Dec. 2025 was €2,500 Mil. Therefore, Citizen Watch Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.57.


Citizen Watch Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Citizen Watch 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.

Citizen Watch Co Scaled Net Operating Assets Chart

Citizen Watch Co 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 0.53 0.51 0.55 0.58 0.56

Citizen Watch Co 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 0.55 0.54 0.55 0.56 0.57

FRA:CTZ vs NKE, DECK, ONON: Scaled Net Operating Assets Comparison

For the Footwear & Accessories subindustry, Citizen Watch 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.


Citizen Watch Co Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Citizen Watch Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Citizen Watch Co's Scaled Net Operating Assets falls into.


FRA:CTZ
64GF Score
Citizen Watch Co Ltd FRA:CTZ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Citizen Watch Co 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.

Citizen Watch Co'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 )
=(1977.337-546.127)/2578.772
=0.55

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2552.78 - 575.443
=1977.337

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=905.831 - 305.078 - 54.626
=546.127

Citizen Watch Co'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 )
=(1977.337-546.127)/2499.531
=0.57

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2552.78 - 575.443
=1977.337

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=905.831 - 305.078 - 54.626
=546.127

* 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 0.57 mean?
Citizen Watch Co (FRA:CTZ) has a Scaled Net Operating Assets of 0.57 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 Citizen Watch Co and its competitors.
Is Citizen Watch Co's Scaled Net Operating Assets too high?
Citizen Watch Co's current Scaled Net Operating Assets is 0.57. Overall, Citizen Watch Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Citizen Watch Co's Scaled Net Operating Assets compare to NKE and DECK?
Citizen Watch Co's Scaled Net Operating Assets of 0.57 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 Citizen Watch Co and its competitors. Citizen Watch Co's current Scaled Net Operating Assets is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citizen Watch Co stock overvalued right now?
Based on GuruFocus' analysis, Citizen Watch Co (FRA:CTZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.15, compared to a current price of €13.10 — trading 113% above its estimated fair value. The current Scaled Net Operating Assets is 0.57. Citizen Watch Co's overall GF Score™ is 64/100 with 5 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 Citizen Watch Co (FRA:CTZ), the current Scaled Net Operating Assets is 0.57 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 Citizen Watch Co (FRA:CTZ) Overvalued in 2026?

Based on GuruFocus' analysis, Citizen Watch Co stock appears to be overvalued. The current stock price of €13.10 is trading 113% above its estimated GF Value™ of €6.15. GuruFocus considers Citizen Watch Co to be Significantly Overvalued.

Key valuation signals for FRA:CTZ:

  • Scaled Net Operating Assets: 0.57
  • GF Value™: €6.15 vs. price of €13.10 (113% above fair value)
  • GF Score™: 64/100 with 5 warning signs

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


Citizen Watch Co Business Description

Other Exchanges CHCLY:USA7762:Japan
Address 6-1-12, Tanashi-cho, Nishi Tokyo-shi, Tokyo, JPN, 188-8511
Citizen Watch Co Ltd is a company whose main business is to manufacture and sell watches, machine tools, electronic devices, and electronic products. The Company has four reportable segments which includes Watches Business, Machine Tools Business, Device Business, and Electronic Equipment and Other Business. It generates majority of the revenue from Watches Business segment.
64GF 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.

€13.10
Price
€6.15
GF Value