SSDOF (Shiseido Co) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)


SSDOF Shiseido Co Ltd SSDOF
64 GF Score
Price $17.25
GF Value $20.57
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Shiseido Co Scaled Net Operating Assets?

Shiseido Co SSDOF 64 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates SSDOF with a GF Score™ of 64/100 and a GF Value™ of $20.57 (Modestly Undervalued). The stock has 6 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.

Shiseido Co's operating assets for the quarter that ended in Mar. 2026 was $7,258 Mil. Shiseido Co's operating liabilities for the quarter that ended in Mar. 2026 was $1,875 Mil. Shiseido Co's Total Assets for the quarter that ended in Dec. 2025 was $8,128 Mil. Therefore, Shiseido Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.


Shiseido Co Scaled Net Operating Assets Historical Data

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The historical data trend for Shiseido 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.

Shiseido Co Scaled Net Operating Assets Chart

Shiseido Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.51 0.57 0.66 0.61

Shiseido 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 0.69 0.70 0.64 0.65 0.66

SSDOF vs PG, CL, KVUE: Scaled Net Operating Assets Comparison

For the Household & Personal Products subindustry, Shiseido 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.


Shiseido Co Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shiseido Co's Scaled Net Operating Assets distribution charts can be found below:

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


SSDOF
64GF Score
Shiseido Co Ltd SSDOF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Shiseido 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.

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

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(7357.548-2070.539)/8658.805
=0.61

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8127.865 - 770.317
=7357.548

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4143.2 - 1750.659 - 322.002
=2070.539

Shiseido 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 )
=(7258.472-1875.472)/8127.865
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8002.454 - 743.982
=7258.472

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4061.47 - 1546.237 - 639.761
=1875.472

* 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 0.66 mean?
Shiseido Co (SSDOF) has a Scaled Net Operating Assets of 0.66 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 Shiseido Co and its competitors.
Is Shiseido Co's Scaled Net Operating Assets too high?
Shiseido Co's current Scaled Net Operating Assets is 0.66. Overall, Shiseido Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shiseido Co's Scaled Net Operating Assets compare to PG and CL?
Shiseido Co's Scaled Net Operating Assets of 0.66 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Shiseido Co and its competitors. Shiseido Co's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiseido Co stock overvalued right now?
Based on GuruFocus' analysis, Shiseido Co (SSDOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.57, compared to a current price of $17.25 — trading 16.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.66. Shiseido Co's overall GF Score™ is 64/100 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 Shiseido Co (SSDOF), the current Scaled Net Operating Assets is 0.66 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 Shiseido Co (SSDOF) Overvalued in 2026?

Based on GuruFocus' analysis, Shiseido Co stock appears to be undervalued. The current stock price of $17.25 is trading 16.1% below its estimated GF Value™ of $20.57. GuruFocus considers Shiseido Co to be Modestly Undervalued.

Key valuation signals for SSDOF:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: $20.57 vs. price of $17.25 (16.1% below fair value)
  • GF Score™: 64/100 with 6 warning signs

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


Shiseido Co Business Description

Address 5-5 Ginza 7-chome, Chuo-ku, Tokyo, JPN, 104-0061
Shiseido is a leading Japanese cosmetics manufacturer focused in the prestige and premium categories. Founded in 1872, it was the first Western-style pharmacy in Ginza, Tokyo, and is one of the oldest cosmetics companies globally. Shiseido's suite of 31 brands, which include its namesake brand, Clé de Peau Beauté, and NARS, had a 10.2% share of Japan's beauty and personal care market in 2024 according to Euromonitor. It is also ranked in the top 4-5 globally, with around 7% to 8% market share in premium and prestige color cosmetics and skincare. In terms of revenue, Japan and China, which include travel retail, are the two key markets making up 65% of group revenue in 2025.
64GF Score

Get the complete analysis for SSDOF

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

$17.25
Price
$20.57
GF Value