Brass (NGO:2424) Scaled Net Operating Assets: 0.60 (As of Jan. 2026)

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NGO:2424 Brass Corp NGO:2424
55 GF Score
Price 円477.00
GF Value 円557.01
! 3 Warning Signs
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What is Brass Scaled Net Operating Assets?

Brass NGO:2424 55 Scaled Net Operating Assets is 0.60 as of Jan. 2026. GuruFocus rates NGO:2424 with a GF Score™ of 55/100 and a GF Value™ of 円557.01. The stock has 3 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.

Brass's operating assets for the quarter that ended in Jan. 2026 was 円9,929 Mil. Brass's operating liabilities for the quarter that ended in Jan. 2026 was 円3,121 Mil. Brass's Total Assets for the quarter that ended in Jul. 2025 was 円11,412 Mil. Therefore, Brass's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.60.


Brass Scaled Net Operating Assets Historical Data

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The historical data trend for Brass'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.

Brass Scaled Net Operating Assets Chart

Brass Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.48 0.47 0.58 0.53

Brass Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Jan26 Apr26
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 0.56 0.51 0.50 0.60 0.55

NGO:2424 vs ROL, SCI, FTDR: Scaled Net Operating Assets Comparison

For the Personal Services subindustry, Brass'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.


Brass Scaled Net Operating Assets vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Brass's Scaled Net Operating Assets distribution charts can be found below:

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


NGO:2424
55GF Score
Brass Corp NGO:2424
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brass 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.

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

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(9137.107-3397.722)/10814.905
=0.53

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11411.573 - 2274.466
=9137.107

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7256.518 - 2743.461 - 1115.335
=3397.722

Brass's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Jul. 2025 )
=(9929.169-3121.434)/11411.573
=0.60

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12227.769 - 2298.6
=9929.169

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7986.766 - 2988.988 - 1876.344
=3121.434

* 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 0.60 mean?
Brass (NGO:2424) has a Scaled Net Operating Assets of 0.60 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Brass and its competitors.
Is Brass' Scaled Net Operating Assets too high?
Brass' current Scaled Net Operating Assets is 0.60. Overall, Brass has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Brass' Scaled Net Operating Assets compare to ROL and SCI?
Brass' Scaled Net Operating Assets of 0.60 can be compared against companies in the Personal Services 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 Personal Services company?
A good Scaled Net Operating Assets depends on the Personal Services 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 Brass and its competitors. Brass's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brass stock overvalued right now?
Brass (NGO:2424) has a current Scaled Net Operating Assets of 0.60. The stock's GF Value™ is 円557.01, compared to a current price of 円477.00 — trading 14.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.60. Brass' overall GF Score™ is 55/100 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 Brass (NGO:2424), the current Scaled Net Operating Assets is 0.60 as of Jan. 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 Brass (NGO:2424) Overvalued in 2026?

Based on GuruFocus' analysis, Brass stock appears to be undervalued. The current stock price of 円477.00 is trading 14.4% below its estimated GF Value™ of 円557.01.

Key valuation signals for NGO:2424:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: 円557.01 vs. price of 円477.00 (14.4% below fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the NGO:2424 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brass Business Description

Other Exchanges 2424:Japan
Address 2-34-1 Meieki, Yubinbango 451, Ecole Plaza Meieki Building, 4th floor, Nishi-ku, Aichi Prefecture, Nagoya, JPN, 451-0045
Brass Corp is engaged in house wedding business. It is focused on planning and management of wedding reception accompanying house wedding business, sales and rental of wedding costume. It also has a restaurant business.
55GF Score

Get the complete analysis for NGO:2424

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

円477.00
Price
円557.01
GF Value