Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Rakuten Group's operating assets for the quarter that ended in Mar. 2026 was $152,958 Mil. Rakuten Group's operating liabilities for the quarter that ended in Mar. 2026 was $141,056 Mil. Rakuten Group's Total Assets for the quarter that ended in Dec. 2025 was $184,744 Mil. Therefore, Rakuten Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.06.
Rakuten Group Scaled Net Operating Assets Related Terms
Rakuten Group Scaled Net Operating Assets Historical Data
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The historical data trend for Rakuten Group'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.
RKUNF vs AMZN, BABA, PDD: Scaled Net Operating Assets Comparison
For the Internet Retail subindustry, Rakuten Group'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.
Rakuten Group Scaled Net Operating Assets vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Rakuten Group's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Rakuten Group's Scaled Net Operating Assets falls into.
* 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 0.06 mean?
Rakuten Group (RKUNF) has a Scaled Net Operating Assets of 0.06 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 Rakuten Group and its competitors.
Is Rakuten Group's Scaled Net Operating Assets too high?
Rakuten Group's current Scaled Net Operating Assets is 0.06. Overall, Rakuten Group has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rakuten Group's Scaled Net Operating Assets compare to AMZN and BABA?
Rakuten Group's Scaled Net Operating Assets of 0.06 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 Rakuten Group and its competitors. Rakuten Group's current Scaled Net Operating Assets is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rakuten Group stock overvalued right now?
Based on GuruFocus' analysis, Rakuten Group (RKUNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.74, compared to a current price of $4.80 — trading 16.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.06. Rakuten Group's overall GF Score™ is 71/100 with 6 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 Rakuten Group (RKUNF), the current Scaled Net Operating Assets is 0.06 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 Rakuten Group (RKUNF) Overvalued in 2026?
Based on GuruFocus' analysis, Rakuten Group stock appears to be undervalued.
The current stock price of $4.80 is trading 16.4% below its estimated GF Value™ of $5.74.
GuruFocus considers Rakuten Group to be Modestly Undervalued.
Key valuation signals for RKUNF:
Scaled Net Operating Assets: 0.06
GF Value™: $5.74 vs. price of $4.80 (16.4% below fair value)
No single metric tells the full story. See the RKUNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rakuten is a leading e-commerce and financial technology service provider in Japan. It has built up a comprehensive Rakuten ecosystem in Japan, including Rakuten Ichiba for e-commerce, Rakuten Travel, Rakuten Card, Rakuten Bank, and Rakuten Securities, and became the fourth mobile network operator in Japan in April 2020. The loyalty program, Rakuten Super Points, has encouraged cross-use of services in its ecosystem. About 90% of its revenue is generated from the Japanese market.
71GF Score
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