NEXTAGE Co (NGO:3186) Scaled Net Operating Assets: 0.67 (As of Nov. 2025)


NGO:3186 NEXTAGE Co Ltd NGO:3186
90 GF Score
Price 円3,430.00
GF Value 円2,631.43
Valuation Modestly Overvalued
! 9 Warning Signs
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What is NEXTAGE Co Scaled Net Operating Assets?

NEXTAGE Co NGO:3186 90 Scaled Net Operating Assets is 0.67 as of Nov. 2025. GuruFocus rates NGO:3186 with a GF Score™ of 90/100 and a GF Value™ of 円2,631.43 (Modestly Overvalued). The stock has 9 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.

NEXTAGE Co's operating assets for the quarter that ended in Nov. 2025 was 円209,091 Mil. NEXTAGE Co's operating liabilities for the quarter that ended in Nov. 2025 was 円51,235 Mil. NEXTAGE Co's Total Assets for the quarter that ended in Aug. 2025 was 円234,694 Mil. Therefore, NEXTAGE Co's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.67.


NEXTAGE Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for NEXTAGE 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.

NEXTAGE Co Scaled Net Operating Assets Chart

NEXTAGE Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 1.02 0.71 0.83 0.71

NEXTAGE Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 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 0.70 0.67 0.66 0.67 0.72

NGO:3186 vs CVNA, PAG, ALTB: Scaled Net Operating Assets Comparison

For the Auto & Truck Dealerships subindustry, NEXTAGE 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.


NEXTAGE Co Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NEXTAGE Co's Scaled Net Operating Assets distribution charts can be found below:

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


NGO:3186
90GF Score
NEXTAGE Co Ltd NGO:3186
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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NEXTAGE 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.

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

Scaled Net Operating Assets (SNOA)(A: Nov. 2025 )
=(Operating Assets (A: Nov. 2025 )-Operating Liabilities (A: Nov. 2025 ))/Total Assets (A: Nov. 2024 )
=(209091-51235)/222266
=0.71

where

Operating Assets(A: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=226777 - 17686
=209091

Operating Liabilities(A: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=147583 - 66309 - 30039
=51235

NEXTAGE 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: Aug. 2025 )
=(209091-51235)/234694
=0.67

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=226777 - 17686
=209091

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=147583 - 66309 - 30039
=51235

* 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 0.67 mean?
NEXTAGE Co (NGO:3186) has a Scaled Net Operating Assets of 0.67 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 NEXTAGE Co and its competitors.
Is NEXTAGE Co's Scaled Net Operating Assets too high?
NEXTAGE Co's current Scaled Net Operating Assets is 0.67. Overall, NEXTAGE Co has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NEXTAGE Co's Scaled Net Operating Assets compare to CVNA and PAG?
NEXTAGE Co's Scaled Net Operating Assets of 0.67 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 NEXTAGE Co and its competitors. NEXTAGE Co's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXTAGE Co stock overvalued right now?
Based on GuruFocus' analysis, NEXTAGE Co (NGO:3186) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,631.43, compared to a current price of 円3,430.00 — trading 30.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.67. NEXTAGE Co's overall GF Score™ is 90/100 with 9 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 NEXTAGE Co (NGO:3186), the current Scaled Net Operating Assets is 0.67 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 NEXTAGE Co (NGO:3186) Overvalued in 2026?

Based on GuruFocus' analysis, NEXTAGE Co stock appears to be overvalued. The current stock price of 円3,430.00 is trading 30.3% above its estimated GF Value™ of 円2,631.43. GuruFocus considers NEXTAGE Co to be Modestly Overvalued.

Key valuation signals for NGO:3186:

  • Scaled Net Operating Assets: 0.67
  • GF Value™: 円2,631.43 vs. price of 円3,430.00 (30.3% above fair value)
  • GF Score™: 90/100 with 9 warning signs

No single metric tells the full story. See the NGO:3186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NEXTAGE Co Business Description

Other Exchanges 3186:Japan
Address 1-26-8 Aoi Higashi-ku, Aichi Prefecture, Nagoya, JPN, 461-0004
NEXTAGE Co Ltd is principally engaged in the dealing of used cars. It is primarily involved in operation, maintenance, insurance agency and automobile dealing of retails used domestic cars as well as sells imported cars and SUV/vans. In addition, the company operates an automobile maintenance business.
90GF Score

Get the complete analysis for NGO:3186

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

円3,430.00
Price
円2,631.43
GF Value