NPSGY (Nippon Sheet Glass Co) Scaled Net Operating Assets: 0.62 (As of Mar. 2026)


NPSGY Nippon Sheet Glass Co Ltd NPSGY
58 GF Score
Price $2.85
GF Value $1.96
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Nippon Sheet Glass Co Scaled Net Operating Assets?

Nippon Sheet Glass Co NPSGY -5.00% 58 Scaled Net Operating Assets is 0.62 as of Mar. 2026. GuruFocus rates NPSGY with a GF Score™ of 58/100 and a GF Value™ of $1.96 (Significantly Overvalued). The stock has 11 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.

Nippon Sheet Glass Co's operating assets for the quarter that ended in Mar. 2026 was $6,680 Mil. Nippon Sheet Glass Co's operating liabilities for the quarter that ended in Mar. 2026 was $2,425 Mil. Nippon Sheet Glass Co's Total Assets for the quarter that ended in Dec. 2025 was $6,894 Mil. Therefore, Nippon Sheet Glass Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.62.


Nippon Sheet Glass Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Nippon Sheet Glass 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.

Nippon Sheet Glass Co Scaled Net Operating Assets Chart

Nippon Sheet Glass 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 0.64 0.52 0.57 0.60 0.61

Nippon Sheet Glass Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.60 0.62 0.61 0.63 0.62

NPSGY vs ORLY, AZO: Scaled Net Operating Assets Comparison

For the Auto Parts subindustry, Nippon Sheet Glass 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.


Nippon Sheet Glass Co Scaled Net Operating Assets vs Vehicles & Parts Industry

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

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


NPSGY
58GF Score
Nippon Sheet Glass Co Ltd NPSGY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Sheet Glass 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.

Nippon Sheet Glass 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 )
=(6679.588-2425.004)/6929.744
=0.61

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7042.318 - 362.73
=6679.588

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5873.199 - 1508.469 - 1939.726
=2425.004

Nippon Sheet Glass 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: Dec. 2025 )
=(6679.588-2425.004)/6894.385
=0.62

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7042.318 - 362.73
=6679.588

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5873.199 - 1508.469 - 1939.726
=2425.004

* 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 0.62 mean?
Nippon Sheet Glass Co (NPSGY) has a Scaled Net Operating Assets of 0.62 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 Nippon Sheet Glass Co and its competitors.
Is Nippon Sheet Glass Co's Scaled Net Operating Assets too high?
Nippon Sheet Glass Co's current Scaled Net Operating Assets is 0.62. Overall, Nippon Sheet Glass Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Sheet Glass Co's Scaled Net Operating Assets compare to ORLY and AZO?
Nippon Sheet Glass Co's Scaled Net Operating Assets of 0.62 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 Nippon Sheet Glass Co and its competitors. Nippon Sheet Glass Co's current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Sheet Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Sheet Glass Co (NPSGY) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.96, compared to a current price of $2.85 — trading 45.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.62. Nippon Sheet Glass Co's overall GF Score™ is 58/100 with 11 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 Nippon Sheet Glass Co (NPSGY), the current Scaled Net Operating Assets is 0.62 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 Nippon Sheet Glass Co (NPSGY) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Sheet Glass Co stock appears to be overvalued. The current stock price of $2.85 is trading 45.4% above its estimated GF Value™ of $1.96. GuruFocus considers Nippon Sheet Glass Co to be Significantly Overvalued.

Key valuation signals for NPSGY:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: $1.96 vs. price of $2.85 (45.4% above fair value)
  • GF Score™: 58/100 with 11 warning signs

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


Nippon Sheet Glass Co Business Description

Other Exchanges 5202:JapanNI9:Germany
Address Sumitomo Fudosan Mita Twin Building West Wing, 5-27, Mita 3-chome, Minato-Ku, Tokyo, JPN, 108-6321
Nippon Sheet Glass Co Ltd manufactures glass and glazing products for many industries. The architectural segment, which accounts for roughly 40% of the company's total revenue, sells flat glass and glazing products to commercial and residential markets and the solar energy sector. The automotive segment, which accounts for roughly half of the company's total revenue, supplies a wide range of automotive glazing to vehicle manufacturers for new vehicles and replacement markets. The technical glass segment sells thin glass and glass fiber products for small displays, lenses, printers, and engine timing belts. Nippon sells its products worldwide, with more than a third of its sales in Europe, roughly a third in Japan and the rest of Asia, and the remaining sales in the Americas.
58GF Score

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

$2.85
Price
$1.96
GF Value