Dentsu Group (FRA:DEN) Scaled Net Operating Assets: 0.20 (As of Mar. 2026)


FRA:DEN Dentsu Group Inc FRA:DEN
70 GF Score
Price €16.30
GF Value €22.23
! 5 Warning Signs
View Full Analysis

What is Dentsu Group Scaled Net Operating Assets?

Dentsu Group FRA:DEN +1.24% 70 Scaled Net Operating Assets is 0.20 as of Mar. 2026. GuruFocus rates FRA:DEN with a GF Score™ of 70/100 and a GF Value™ of €22.23. 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.

Dentsu Group's operating assets for the quarter that ended in Mar. 2026 was €15,072 Mil. Dentsu Group's operating liabilities for the quarter that ended in Mar. 2026 was €11,529 Mil. Dentsu Group's Total Assets for the quarter that ended in Dec. 2025 was €17,565 Mil. Therefore, Dentsu Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.20.


Dentsu Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Dentsu Group'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.

Dentsu Group Scaled Net Operating Assets Chart

Dentsu Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.21 0.24 0.25 0.15

Dentsu Group 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 0.27 0.24 0.28 0.18 0.20

FRA:DEN vs APP, OMC, TTD: Scaled Net Operating Assets Comparison

For the Advertising Agencies subindustry, Dentsu Group'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.


Dentsu Group Scaled Net Operating Assets vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dentsu Group's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:DEN
70GF Score
Dentsu Group Inc FRA:DEN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dentsu Group 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.

Dentsu Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(15825.771-12546.359)/21775.825
=0.15

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17564.674 - 1738.903
=15825.771

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15111.076 - 1896.114 - 668.603
=12546.359

Dentsu Group'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 )
=(15072.429-11529.053)/17564.674
=0.20

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16597.246 - 1524.817
=15072.429

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13992.429 - 1887.219 - 576.157
=11529.053

* 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 0.20 mean?
Dentsu Group (FRA:DEN) has a Scaled Net Operating Assets of 0.20 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 Dentsu Group and its competitors.
Is Dentsu Group's Scaled Net Operating Assets too high?
Dentsu Group's current Scaled Net Operating Assets is 0.20. Overall, Dentsu Group has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Dentsu Group's Scaled Net Operating Assets compare to APP and OMC?
Dentsu Group's Scaled Net Operating Assets of 0.20 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Scaled Net Operating Assets depends on the Media - Diversified 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 Dentsu Group and its competitors. Dentsu Group's current Scaled Net Operating Assets is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dentsu Group stock overvalued right now?
Dentsu Group (FRA:DEN) has a current Scaled Net Operating Assets of 0.20. The stock's GF Value™ is €22.23, compared to a current price of €16.30 — trading 26.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.20. Dentsu Group's overall GF Score™ is 70/100 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 Dentsu Group (FRA:DEN), the current Scaled Net Operating Assets is 0.20 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 Dentsu Group (FRA:DEN) Overvalued in 2026?

Based on GuruFocus' analysis, Dentsu Group stock appears to be undervalued. The current stock price of €16.30 is trading 26.7% below its estimated GF Value™ of €22.23.

Key valuation signals for FRA:DEN:

  • Scaled Net Operating Assets: 0.20
  • GF Value™: €22.23 vs. price of €16.30 (26.7% below fair value)
  • GF Score™: 70/100 with 5 warning signs

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


Dentsu Group Business Description

Address 1-8-1 Higashi Shinbashi, Minato-ku, Tokyo, JPN, 105-7001
Dentsu Group is the top advertising agency in Japan and the fifth-largest advertising network in the world. It is the oldest advertising agency in Japan, with the original company being established in 1901. Over the years, Dentsu expanded its global footprint through mergers and acquisitions. Currently, international sales account for about 60% of total revenue.
70GF Score

Get the complete analysis for FRA:DEN

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

€16.30
Price
€22.23
GF Value