Golf Do Co (NGO:3032) Scaled Net Operating Assets: 0.54 (As of Mar. 2026)

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NGO:3032 Golf Do Co Ltd NGO:3032
53 GF Score
Price 円310.00
GF Value 円212.35
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Golf Do Co Scaled Net Operating Assets?

Golf Do Co NGO:3032 +0.65% 53 Scaled Net Operating Assets is 0.54 as of Mar. 2026. GuruFocus rates NGO:3032 with a GF Score™ of 53/100 and a GF Value™ of 円212.35 (Significantly Overvalued). The stock has 7 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.

Golf Do Co's operating assets for the quarter that ended in Mar. 2026 was 円3,195 Mil. Golf Do Co's operating liabilities for the quarter that ended in Mar. 2026 was 円1,195 Mil. Golf Do Co's Total Assets for the quarter that ended in Sep. 2025 was 円3,690 Mil. Therefore, Golf Do Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.54.


Golf Do Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Golf Do 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.

Golf Do Co Scaled Net Operating Assets Chart

Golf Do 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 0.52 0.47 0.49 0.54 0.52

Golf Do 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 0.52 0.53 0.51 0.50 0.54

NGO:3032 vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Golf Do 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.


Golf Do Co Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Golf Do Co's Scaled Net Operating Assets distribution charts can be found below:

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


NGO:3032
53GF Score
Golf Do Co Ltd NGO:3032
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golf Do 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.

Golf Do 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 )
=(3194.903-1194.719)/3837.579
=0.52

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3882.014 - 687.111
=3194.903

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3003.172 - 441.793 - 1366.66
=1194.719

Golf Do 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 )
=(3194.903-1194.719)/3689.697
=0.54

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3882.014 - 687.111
=3194.903

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3003.172 - 441.793 - 1366.66
=1194.719

* 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 0.54 mean?
Golf Do Co (NGO:3032) has a Scaled Net Operating Assets of 0.54 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 Golf Do Co and its competitors.
Is Golf Do Co's Scaled Net Operating Assets too high?
Golf Do Co's current Scaled Net Operating Assets is 0.54. Overall, Golf Do Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golf Do Co's Scaled Net Operating Assets compare to CASY and WSM?
Golf Do Co's Scaled Net Operating Assets of 0.54 can be compared against companies in the Retail - Cyclical 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 - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Golf Do Co and its competitors. Golf Do Co's current Scaled Net Operating Assets is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golf Do Co stock overvalued right now?
Based on GuruFocus' analysis, Golf Do Co (NGO:3032) is currently considered Significantly Overvalued. The stock's GF Value™ is 円212.35, compared to a current price of 円310.00 — trading 46% above its estimated fair value. The current Scaled Net Operating Assets is 0.54. Golf Do Co's overall GF Score™ is 53/100 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 Golf Do Co (NGO:3032), the current Scaled Net Operating Assets is 0.54 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 Golf Do Co (NGO:3032) Overvalued in 2026?

Based on GuruFocus' analysis, Golf Do Co stock appears to be overvalued. The current stock price of 円310.00 is trading 46% above its estimated GF Value™ of 円212.35. GuruFocus considers Golf Do Co to be Significantly Overvalued.

Key valuation signals for NGO:3032:

  • Scaled Net Operating Assets: 0.54
  • GF Value™: 円212.35 vs. price of 円310.00 (46% above fair value)
  • GF Score™: 53/100 with 7 warning signs

No single metric tells the full story. See the NGO:3032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golf Do Co Business Description

Address 2-3-1 Kami-Ochiai Chuo-ku, Saitama Prefecture, Saitama, JPN, 338-0001
Golf Do Co Ltd is engaged in the operation of direct and franchised chain stores that buy and sell second-hand clubs. Its products include new and second-hand golf clubs, golf goods, such as golf balls, caddy bags. It also provides free rental from the abundant clubs at the shop during lessons.
53GF Score

Get the complete analysis for NGO:3032

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

円310.00
Price
円212.35
GF Value