Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Nippon Carbon Co's operating assets for the quarter that ended in Dec. 2025 was $451.7 Mil. Nippon Carbon Co's operating liabilities for the quarter that ended in Dec. 2025 was $74.8 Mil. Nippon Carbon Co's Total Assets for the quarter that ended in Sep. 2025 was $570.0 Mil. Therefore, Nippon Carbon Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.66.
Nippon Carbon Co Scaled Net Operating Assets Related Terms
Nippon Carbon Co Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Nippon Carbon 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.
Nippon Carbon Co Scaled Net Operating Assets Chart
NCRBF vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison
For the Specialty Chemicals subindustry, Nippon Carbon 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.
Nippon Carbon Co Scaled Net Operating Assets vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nippon Carbon Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Nippon Carbon 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 0.66 mean?
Nippon Carbon Co (NCRBF) has a Scaled Net Operating Assets of 0.66 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nippon Carbon Co and its competitors.
Is Nippon Carbon Co's Scaled Net Operating Assets too high?
Nippon Carbon Co's current Scaled Net Operating Assets is 0.66. Overall, Nippon Carbon Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Carbon Co's Scaled Net Operating Assets compare to LIN and SHW?
Nippon Carbon Co's Scaled Net Operating Assets of 0.66 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Nippon Carbon Co and its competitors. Nippon Carbon Co's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Carbon Co (NCRBF) is currently considered Fairly Valued. The stock's GF Value™ is $26.25, compared to a current price of $27.63 — trading 5.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Nippon Carbon Co's overall GF Score™ is 84/100 with 7 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 Nippon Carbon Co (NCRBF), the current Scaled Net Operating Assets is 0.66 as of Dec. 2025. 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 Nippon Carbon Co (NCRBF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Carbon Co stock appears to be overvalued.
The current stock price of $27.63 is trading 5.3% above its estimated GF Value™ of $26.25.
GuruFocus considers Nippon Carbon Co to be Fairly Valued.
Key valuation signals for NCRBF:
Scaled Net Operating Assets: 0.66
GF Value™: $26.25 vs. price of $27.63 (5.3% above fair value)
No single metric tells the full story. See the NCRBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Carbon Co Ltd engages in the manufacture and sale of carbon products. It provides products in following categories: Carbon Products, Silicon carbide products, and Others. The Carbon Products include artificial graphite electrode, impervious graphite products, isotropic high purity graphite products, a machine for graphite products, general purpose carbon fibers, and graphite fibers, containing resin graphite fibers made of packing, flexible graphite sealing material, and node material for lithium ion battery. Silicon carbide products are involved in the development and sale of ceramic matrix composite. Other category deals with manufacturing industrial machinery, mechanical repair, building and parking leasing.
84GF Score
Get the complete analysis for NCRBF
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NCRBF has been successfully added to your 
