VLC Holdings Co (NGO:2467) Scaled Net Operating Assets: 0.31 (As of Mar. 2026)


NGO:2467 VLC Holdings Co Ltd NGO:2467
52 GF Score
Price 円219.00
GF Value 円141.56
Valuation Significantly Overvalued
! 5 Warning Signs
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What is VLC Holdings Co Scaled Net Operating Assets?

VLC Holdings Co NGO:2467 -2.67% 52 Scaled Net Operating Assets is 0.31 as of Mar. 2026. GuruFocus rates NGO:2467 with a GF Score™ of 52/100 and a GF Value™ of 円141.56 (Significantly Overvalued). The stock has 5 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.

VLC Holdings Co's operating assets for the quarter that ended in Mar. 2026 was 円1,073 Mil. VLC Holdings Co's operating liabilities for the quarter that ended in Mar. 2026 was 円504 Mil. VLC Holdings Co's Total Assets for the quarter that ended in Sep. 2025 was 円1,864 Mil. Therefore, VLC Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.31.


VLC Holdings Co Scaled Net Operating Assets Historical Data

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The historical data trend for VLC Holdings 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.

VLC Holdings Co Scaled Net Operating Assets Chart

VLC Holdings Co 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 0.53 0.37 0.40 0.37 0.44

VLC Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.54 0.53 0.27 0.63 0.31

NGO:2467 vs IBM, ACN, FISV: Scaled Net Operating Assets Comparison

For the Information Technology Services subindustry, VLC Holdings 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.


VLC Holdings Co Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, VLC Holdings Co's Scaled Net Operating Assets distribution charts can be found below:

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


NGO:2467
52GF Score
VLC Holdings Co Ltd NGO:2467
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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VLC Holdings Co 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.

VLC Holdings Co'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 )
=(1073.184-503.845)/1305.131
=0.44

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1196.938 - 123.754
=1073.184

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=613.539 - 71.606 - 38.088
=503.845

VLC Holdings Co'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: Sep. 2025 )
=(1073.184-503.845)/1864.115
=0.31

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1196.938 - 123.754
=1073.184

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=613.539 - 71.606 - 38.088
=503.845

* 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 0.31 mean?
VLC Holdings Co (NGO:2467) has a Scaled Net Operating Assets of 0.31 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 VLC Holdings Co and its competitors.
Is VLC Holdings Co's Scaled Net Operating Assets too high?
VLC Holdings Co's current Scaled Net Operating Assets is 0.31. Overall, VLC Holdings Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's Scaled Net Operating Assets compare to IBM and ACN?
VLC Holdings Co's Scaled Net Operating Assets of 0.31 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 VLC Holdings Co and its competitors. VLC Holdings Co's current Scaled Net Operating Assets is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Significantly Overvalued. The stock's GF Value™ is 円141.56, compared to a current price of 円219.00 — trading 54.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.31. VLC Holdings Co's overall GF Score™ is 52/100 with 5 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 VLC Holdings Co (NGO:2467), the current Scaled Net Operating Assets is 0.31 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 VLC Holdings Co (NGO:2467) Overvalued in 2026?

Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued. The current stock price of 円219.00 is trading 54.7% above its estimated GF Value™ of 円141.56. GuruFocus considers VLC Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:2467:

  • Scaled Net Operating Assets: 0.31
  • GF Value™: 円141.56 vs. price of 円219.00 (54.7% above fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VLC Holdings Co Business Description

Address No. 2, No. 2, Chuo-ku Nihombashi Bashoku-cho, Asahi Mutual Life Insurance Building, Chuo-ku, Tokyo, JPN, 103-0002
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
52GF Score

Get the complete analysis for NGO:2467

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

円219.00
Price
円141.56
GF Value