NTT (NTTYY) Scaled Net Operating Assets: 0.50 (As of Mar. 2026)


NTTYY NTT Inc NTTYY
80 GF Score
Price $22.30
GF Value $26.33
Valuation Modestly Undervalued
! 5 Warning Signs
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What is NTT Scaled Net Operating Assets?

NTT NTTYY +0.31% 80 Scaled Net Operating Assets is 0.50 as of Mar. 2026. GuruFocus rates NTTYY with a GF Score™ of 80/100 and a GF Value™ of $26.33 (Modestly Undervalued). The stock has 5 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.

NTT's operating assets for the quarter that ended in Mar. 2026 was $273,206 Mil. NTT's operating liabilities for the quarter that ended in Mar. 2026 was $123,417 Mil. NTT's Total Assets for the quarter that ended in Dec. 2025 was $300,387 Mil. Therefore, NTT's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.50.


NTT Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for NTT'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.

NTT Scaled Net Operating Assets Chart

NTT 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 0.65 0.66 0.69 0.70 0.74

NTT 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 0.69 0.72 0.65 0.65 0.50

NTTYY vs TMUS, VZ, T: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, NTT'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.


NTT Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NTT's Scaled Net Operating Assets distribution charts can be found below:

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


NTTYY
80GF Score
NTT Inc NTTYY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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NTT 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.

NTT'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 )
=(273206.298-123417.272)/201683.665
=0.74

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=294431.964 - 21225.666
=273206.298

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=230042.254 - 77348.703 - 29276.279
=123417.272

NTT'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 )
=(273206.298-123417.272)/300386.691
=0.50

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=294431.964 - 21225.666
=273206.298

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=230042.254 - 77348.703 - 29276.279
=123417.272

* 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 0.50 mean?
NTT (NTTYY) has a Scaled Net Operating Assets of 0.50 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 NTT and its competitors.
Is NTT's Scaled Net Operating Assets too high?
NTT's current Scaled Net Operating Assets is 0.50. Overall, NTT has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NTT's Scaled Net Operating Assets compare to TMUS and VZ?
NTT's Scaled Net Operating Assets of 0.50 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Scaled Net Operating Assets depends on the Telecommunication Services 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 NTT and its competitors. NTT's current Scaled Net Operating Assets is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT stock overvalued right now?
Based on GuruFocus' analysis, NTT (NTTYY) is currently considered Modestly Undervalued. The stock's GF Value™ is $26.33, compared to a current price of $22.30 — trading 15.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.50. NTT's overall GF Score™ is 80/100 with 5 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 NTT (NTTYY), the current Scaled Net Operating Assets is 0.50 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 NTT (NTTYY) Overvalued in 2026?

Based on GuruFocus' analysis, NTT stock appears to be undervalued. The current stock price of $22.30 is trading 15.3% below its estimated GF Value™ of $26.33. GuruFocus considers NTT to be Modestly Undervalued.

Key valuation signals for NTTYY:

  • Scaled Net Operating Assets: 0.50
  • GF Value™: $26.33 vs. price of $22.30 (15.3% below fair value)
  • GF Score™: 80/100 with 5 warning signs

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


NTT Business Description

Address 5-1, Otemachi 1-Chome, Otemachi First Square, East Tower, Chiyoda-Ku, Tokyo, JPN, 100-8116
NTT owns NTT DoCoMo, the largest wireless operator in Japan, with 53 million mobile handset subscribers. It also owns NTT East and NTT West, the two regional incumbent fixed-line operators in Japan, with about 23.6 million broadband lines (around 72% of which are wholesaled). The firm also provides IT and communications systems integration via NTT Communications and NTT Data.
80GF 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.

$22.30
Price
$26.33
GF Value