Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Toyo Securities Co's operating assets for the quarter that ended in Mar. 2026 was €267.90 Mil. Toyo Securities Co's operating liabilities for the quarter that ended in Mar. 2026 was €145.27 Mil. Toyo Securities Co's Total Assets for the quarter that ended in Dec. 2025 was €416.40 Mil. Therefore, Toyo Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.29.
Toyo Securities Co Scaled Net Operating Assets Related Terms
Toyo Securities Co Scaled Net Operating Assets Historical Data
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The historical data trend for Toyo Securities 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.
Toyo Securities Co Scaled Net Operating Assets Chart
FRA:G46 vs MS, GS, SCHW: Scaled Net Operating Assets Comparison
For the Capital Markets subindustry, Toyo Securities 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.
Toyo Securities Co Scaled Net Operating Assets vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Toyo Securities Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Toyo Securities 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 0.29 mean?
Toyo Securities Co (FRA:G46) has a Scaled Net Operating Assets of 0.29 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 Toyo Securities Co and its competitors.
Is Toyo Securities Co's Scaled Net Operating Assets too high?
Toyo Securities Co's current Scaled Net Operating Assets is 0.29. Overall, Toyo Securities Co has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Securities Co's Scaled Net Operating Assets compare to MS and GS?
Toyo Securities Co's Scaled Net Operating Assets of 0.29 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Toyo Securities Co and its competitors. Toyo Securities Co's current Scaled Net Operating Assets is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Securities Co stock overvalued right now?
Toyo Securities Co (FRA:G46) has a current Scaled Net Operating Assets of 0.29. The stock's GF Value™ is €3.52, compared to a current price of €3.33 — trading 5.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.29. Toyo Securities Co's overall GF Score™ is 66/100 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 Toyo Securities Co (FRA:G46), the current Scaled Net Operating Assets is 0.29 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 Toyo Securities Co (FRA:G46) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Securities Co stock appears to be undervalued.
The current stock price of €3.33 is trading 5.4% below its estimated GF Value™ of €3.52.
Key valuation signals for FRA:G46:
Scaled Net Operating Assets: 0.29
GF Value™: €3.52 vs. price of €3.33 (5.4% below fair value)
No single metric tells the full story. See the FRA:G46 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Securities Co Ltd is a Japan-based company engaged in the securities business. The company provides the variety of financial services such as dealing, brokerage, underwriting, public offering and distribution of securities. In addition, it also offers asset management, advice and consultancy services, insurance products, as well as provision of internet and phone trading services.
66GF 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.
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