Shinwa Co (NGO:3447) Scaled Net Operating Assets: 0.78 (As of Mar. 2026)


NGO:3447 Shinwa Co Ltd NGO:3447
75 GF Score
Price 円886.00
GF Value 円1,024.32
! 4 Warning Signs
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What is Shinwa Co Scaled Net Operating Assets?

Shinwa Co NGO:3447 75 Scaled Net Operating Assets is 0.78 as of Mar. 2026. GuruFocus rates NGO:3447 with a GF Score™ of 75/100 and a GF Value™ of 円1,024.32. 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.

Shinwa Co's operating assets for the quarter that ended in Mar. 2026 was 円28,895 Mil. Shinwa Co's operating liabilities for the quarter that ended in Mar. 2026 was 円4,357 Mil. Shinwa Co's Total Assets for the quarter that ended in Sep. 2025 was 円31,273 Mil. Therefore, Shinwa Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.


Shinwa Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Shinwa 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.

Shinwa Co Scaled Net Operating Assets Chart

Shinwa 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 0.75 0.79 0.80 1.13 0.82

Shinwa Co Semi-Annual Data
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 0.80 1.10 0.85 0.79 0.79

NGO:3447 vs CRS, ATI, MLI: Scaled Net Operating Assets Comparison

For the Metal Fabrication subindustry, Shinwa 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.


Shinwa Co Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shinwa Co's Scaled Net Operating Assets distribution charts can be found below:

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


NGO:3447
75GF Score
Shinwa Co Ltd NGO:3447
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinwa 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.

Shinwa 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 )
=(28894.772-4357.03)/29967.904
=0.82

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31984.489 - 3089.717
=28894.772

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15073.549 - 5683.209 - 5033.31
=4357.03

Shinwa 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 )
=(28894.772-4357.03)/31272.68
=0.78

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31984.489 - 3089.717
=28894.772

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15073.549 - 5683.209 - 5033.31
=4357.03

* 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 0.78 mean?
Shinwa Co (NGO:3447) has a Scaled Net Operating Assets of 0.78 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 Shinwa Co and its competitors.
Is Shinwa Co's Scaled Net Operating Assets too high?
Shinwa Co's current Scaled Net Operating Assets is 0.78. Overall, Shinwa Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Shinwa Co's Scaled Net Operating Assets compare to CRS and ATI?
Shinwa Co's Scaled Net Operating Assets of 0.78 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Shinwa Co and its competitors. Shinwa Co's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinwa Co stock overvalued right now?
Shinwa Co (NGO:3447) has a current Scaled Net Operating Assets of 0.78. The stock's GF Value™ is 円1,024.32, compared to a current price of 円886.00 — trading 13.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.78. Shinwa Co's overall GF Score™ is 75/100 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 Shinwa Co (NGO:3447), the current Scaled Net Operating Assets is 0.78 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 Shinwa Co (NGO:3447) Overvalued in 2026?

Based on GuruFocus' analysis, Shinwa Co stock appears to be undervalued. The current stock price of 円886.00 is trading 13.5% below its estimated GF Value™ of 円1,024.32.

Key valuation signals for NGO:3447:

  • Scaled Net Operating Assets: 0.78
  • GF Value™: 円1,024.32 vs. price of 円886.00 (13.5% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the NGO:3447 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinwa Co Business Description

Other Exchanges 3447:Japan
Address 30-7 Hiratacho Bushigawa, Gifu Prefecture, Kaizu-shi, JPN, 503-0311
Shinwa Co Ltd is a Japan-based company offering temporary construction materials and distribution equipment. Products offered by the company include Shinwa catcher, Shinwa pallet, logistics equipment and other safety equipment such as preceding handrail safe hangers, baseboard safe angles, simple lift handling boxes.
75GF Score

Get the complete analysis for NGO:3447

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

円886.00
Price
円1,024.32
GF Value