Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Keyence's operating assets for the quarter that ended in Mar. 2026 was MXN247,368 Mil. Keyence's operating liabilities for the quarter that ended in Mar. 2026 was MXN22,635 Mil. Keyence's Total Assets for the quarter that ended in Dec. 2025 was MXN401,728 Mil. Therefore, Keyence's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.56.
Keyence Scaled Net Operating Assets Related Terms
Keyence Scaled Net Operating Assets Historical Data
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The historical data trend for Keyence'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.
MEX:KEYN vs COHR, KEYS, GRMN: Scaled Net Operating Assets Comparison
For the Scientific & Technical Instruments subindustry, Keyence'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.
Keyence Scaled Net Operating Assets vs Hardware Industry
For the Hardware industry and Technology sector, Keyence's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Keyence'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 0.56 mean?
Keyence (MEX:KEYN) has a Scaled Net Operating Assets of 0.56 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 Keyence and its competitors.
Is Keyence's Scaled Net Operating Assets too high?
Keyence's current Scaled Net Operating Assets is 0.56. Overall, Keyence has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keyence's Scaled Net Operating Assets compare to COHR and KEYS?
Keyence's Scaled Net Operating Assets of 0.56 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Keyence and its competitors. Keyence's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keyence stock overvalued right now?
Based on GuruFocus' analysis, Keyence (MEX:KEYN) is currently considered Fairly Valued. The stock's GF Value™ is MXN8,912.52, compared to a current price of MXN8,631.00 — trading 3.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.56. Keyence's overall GF Score™ is 100/100 with 4 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 Keyence (MEX:KEYN), the current Scaled Net Operating Assets is 0.56 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 Keyence (MEX:KEYN) Overvalued in 2026?
Based on GuruFocus' analysis, Keyence stock appears to be undervalued.
The current stock price of MXN8,631.00 is trading 3.2% below its estimated GF Value™ of MXN8,912.52.
GuruFocus considers Keyence to be Fairly Valued.
Key valuation signals for MEX:KEYN:
Scaled Net Operating Assets: 0.56
GF Value™: MXN8,912.52 vs. price of MXN8,631.00 (3.2% below fair value)
No single metric tells the full story. See the MEX:KEYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keyence Corporation, founded in May 1974 by Takemitsu Takizaki and headquartered in Osaka, Japan, began as Lead Electric Co., Ltd. before rebranding to Keyence (derived from "KEY of sciENCE") in 1986. As a global leader in industrial automation, the company designs and manufactures a comprehensive range of high-precision products, including sensors (photoelectric, laser, proximity), machine vision systems, measurement instruments (laser displacement sensors, 3D scanners), control systems (PLCs, HMIs), laser markers, digital microscopes, and safety equipment.
100GF Score
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