Ik Holdings Co (NGO:2722) Scaled Net Operating Assets: 0.64 (As of Nov. 2025)


NGO:2722 Ik Holdings Co Ltd NGO:2722
57 GF Score
Price 円445.00
GF Value 円558.77
! 4 Warning Signs
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What is Ik Holdings Co Scaled Net Operating Assets?

Ik Holdings Co NGO:2722 57 Scaled Net Operating Assets is 0.64 as of Nov. 2025. GuruFocus rates NGO:2722 with a GF Score™ of 57/100 and a GF Value™ of 円558.77. The stock has 4 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.

Ik Holdings Co's operating assets for the quarter that ended in Nov. 2025 was 円5,972 Mil. Ik Holdings Co's operating liabilities for the quarter that ended in Nov. 2025 was 円2,088 Mil. Ik Holdings Co's Total Assets for the quarter that ended in May. 2025 was 円6,077 Mil. Therefore, Ik Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.64.


Ik Holdings Co Scaled Net Operating Assets Historical Data

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The historical data trend for Ik 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.

Ik Holdings Co Scaled Net Operating Assets Chart

Ik Holdings Co Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.55 0.51 0.49 0.60

Ik Holdings Co Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Nov25 Feb26
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 0.55 0.68 0.56 0.64 0.60

NGO:2722 vs WMT, COST, TGT: Scaled Net Operating Assets Comparison

For the Discount Stores subindustry, Ik 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.


Ik Holdings Co Scaled Net Operating Assets vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ik Holdings Co's Scaled Net Operating Assets distribution charts can be found below:

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


NGO:2722
57GF Score
Ik Holdings Co Ltd NGO:2722
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ik 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.

Ik Holdings Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2025 )
=(Operating Assets (A: May. 2025 )-Operating Liabilities (A: May. 2025 ))/Total Assets (A: May. 2024 )
=(5602.899-2014.829)/6007.212
=0.60

where

Operating Assets(A: May. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6077 - 474.101
=5602.899

Operating Liabilities(A: May. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3688.999 - 998.326 - 675.844
=2014.829

Ik Holdings Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2025 )
=(Operating Assets (Q: Nov. 2025 )-Operating Liabilities (Q: Nov. 2025 ))/Total Assets (Q: May. 2025 )
=(5972.078-2087.753)/6077
=0.64

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6279.98 - 307.902
=5972.078

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3892.284 - 1194.236 - 610.295
=2087.753

* 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 0.64 mean?
Ik Holdings Co (NGO:2722) has a Scaled Net Operating Assets of 0.64 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ik Holdings Co and its competitors.
Is Ik Holdings Co's Scaled Net Operating Assets too high?
Ik Holdings Co's current Scaled Net Operating Assets is 0.64. Overall, Ik Holdings Co has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Ik Holdings Co's Scaled Net Operating Assets compare to WMT and COST?
Ik Holdings Co's Scaled Net Operating Assets of 0.64 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Scaled Net Operating Assets depends on the Retail - Defensive 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 Ik Holdings Co and its competitors. Ik Holdings Co's current Scaled Net Operating Assets is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ik Holdings Co stock overvalued right now?
Ik Holdings Co (NGO:2722) has a current Scaled Net Operating Assets of 0.64. The stock's GF Value™ is 円558.77, compared to a current price of 円445.00 — trading 20.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.64. Ik Holdings Co's overall GF Score™ is 57/100 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 Ik Holdings Co (NGO:2722), the current Scaled Net Operating Assets is 0.64 as of Nov. 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 Ik Holdings Co (NGO:2722) Overvalued in 2026?

Based on GuruFocus' analysis, Ik Holdings Co stock appears to be undervalued. The current stock price of 円445.00 is trading 20.4% below its estimated GF Value™ of 円558.77.

Key valuation signals for NGO:2722:

  • Scaled Net Operating Assets: 0.64
  • GF Value™: 円558.77 vs. price of 円445.00 (20.4% below fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the NGO:2722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ik Holdings Co Business Description

Other Exchanges 2722:Japan
Address 3-26-8 Meieki, 5th Floor, KDX Nagoya Station Building, Nakamura-ku, Aichi-ken, Nagoya, JPN, 450-0002
Ik Holdings Co Ltd is a Japan-based company engaged in direct marketing and wholesale of cosmetics, food, and daily goods, along with providing IT solutions for chat systems and contact centers. The company operates through three segments. The Direct Marketing segment is engaged in the retail business of selling SKINFOOD cosmetics through television (TV) shopping, internet shopping, and brick-and-mortar stores. The Sales Marketing segment is engaged in the wholesale business to consumer cooperatives, mail-order companies, retail stores, and overseas partner companies. The IT Solutions segment is engaged in the sale of chat systems and voice call recording systems.
57GF Score

Get the complete analysis for NGO:2722

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

円445.00
Price
円558.77
GF Value