NCBDF (BANDAI NAMCO Holdings) Scaled Net Operating Assets: 0.37 (As of Mar. 2026)


NCBDF BANDAI NAMCO Holdings Inc NCBDF
94 GF Score
Price $22.50
GF Value $26.39
Valuation Modestly Undervalued
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What is BANDAI NAMCO Holdings Scaled Net Operating Assets?

BANDAI NAMCO Holdings NCBDF 94 Scaled Net Operating Assets is 0.37 as of Mar. 2026. GuruFocus rates NCBDF with a GF Score™ of 94/100 and a GF Value™ of $26.39 (Modestly Undervalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BANDAI NAMCO Holdings's operating assets for the quarter that ended in Mar. 2026 was $4,772 Mil. BANDAI NAMCO Holdings's operating liabilities for the quarter that ended in Mar. 2026 was $1,997 Mil. BANDAI NAMCO Holdings's Total Assets for the quarter that ended in Dec. 2025 was $7,500 Mil. Therefore, BANDAI NAMCO Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.37.


BANDAI NAMCO Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for BANDAI NAMCO Holdings'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.

BANDAI NAMCO Holdings Scaled Net Operating Assets Chart

BANDAI NAMCO Holdings 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 0.40 0.38 0.36 0.43 0.38

BANDAI NAMCO Holdings 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 0.38 0.45 0.43 0.38 0.37

NCBDF vs AS, HAS, LTH: Scaled Net Operating Assets Comparison

For the Leisure subindustry, BANDAI NAMCO Holdings'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.


BANDAI NAMCO Holdings Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, BANDAI NAMCO Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where BANDAI NAMCO Holdings's Scaled Net Operating Assets falls into.


NCBDF
94GF Score
BANDAI NAMCO Holdings Inc NCBDF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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BANDAI NAMCO Holdings 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.

BANDAI NAMCO Holdings'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 )
=(4771.988-1997.37)/7397.382
=0.38

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7502.355 - 2730.367
=4771.988

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2073.78 - 76.41 - 0
=1997.37

BANDAI NAMCO Holdings'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 )
=(4771.988-1997.37)/7500.337
=0.37

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7502.355 - 2730.367
=4771.988

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2073.78 - 76.41 - 0
=1997.37

* 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 0.37 mean?
BANDAI NAMCO Holdings (NCBDF) has a Scaled Net Operating Assets of 0.37 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 BANDAI NAMCO Holdings and its competitors.
Is BANDAI NAMCO Holdings' Scaled Net Operating Assets too high?
BANDAI NAMCO Holdings' current Scaled Net Operating Assets is 0.37. Overall, BANDAI NAMCO Holdings has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BANDAI NAMCO Holdings' Scaled Net Operating Assets compare to AS and HAS?
BANDAI NAMCO Holdings' Scaled Net Operating Assets of 0.37 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 BANDAI NAMCO Holdings and its competitors. BANDAI NAMCO Holdings's current Scaled Net Operating Assets is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BANDAI NAMCO Holdings stock overvalued right now?
Based on GuruFocus' analysis, BANDAI NAMCO Holdings (NCBDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $26.39, compared to a current price of $22.50 — trading 14.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.37. BANDAI NAMCO Holdings' overall GF Score™ is 94/100. 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 BANDAI NAMCO Holdings (NCBDF), the current Scaled Net Operating Assets is 0.37 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 BANDAI NAMCO Holdings (NCBDF) Overvalued in 2026?

Based on GuruFocus' analysis, BANDAI NAMCO Holdings stock appears to be undervalued. The current stock price of $22.50 is trading 14.7% below its estimated GF Value™ of $26.39. GuruFocus considers BANDAI NAMCO Holdings to be Modestly Undervalued.

Key valuation signals for NCBDF:

  • Scaled Net Operating Assets: 0.37
  • GF Value™: $26.39 vs. price of $22.50 (14.7% below fair value)
  • GF Score™: 94/100

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


BANDAI NAMCO Holdings Business Description

Address 5-37-8 Shiba, Bandai Namco Future Research Institute, Minato-ku, Tokyo, JPN, 108-0014
Bandai Namco was established in 2005 through the merger of Bandai (established 1950), a toy manufacturer, and Namco (established 1955), a video game developer and arcade operator. Since then, Bandai Namco has emerged as one of the top entertainment companies in Japan, producing and selling games, toys, animation, and music content for a portfolio of over 400 internationally popular intellectual properties. The company's most notable franchises—Gundam, Dragon Ball, and One Piece are among the highest-grossing franchises in the world.
94GF 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.

$22.50
Price
$26.39
GF Value