Rizap Group (SSE:2928) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)


SSE:2928 Rizap Group SSE:2928
54 GF Score
Price 円191.00
GF Value 円222.72
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Rizap Group Scaled Net Operating Assets?

Rizap Group SSE:2928 54 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates SSE:2928 with a GF Score™ of 54/100 and a GF Value™ of 円222.72 (Modestly Undervalued). 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.

Rizap Group's operating assets for the quarter that ended in Mar. 2026 was 円134,190 Mil. Rizap Group's operating liabilities for the quarter that ended in Mar. 2026 was 円35,248 Mil. Rizap Group's Total Assets for the quarter that ended in Dec. 2025 was 円166,201 Mil. Therefore, Rizap Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.


Rizap Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Rizap 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.

Rizap Group Scaled Net Operating Assets Chart

Rizap Group 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 0.48 0.65 0.74 0.72 0.58

Rizap Group 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 0.65 0.62 0.64 0.62 0.60

SSE:2928 vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Rizap 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.


Rizap Group Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rizap Group's Scaled Net Operating Assets distribution charts can be found below:

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


SSE:2928
54GF Score
Rizap Group SSE:2928
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Rizap Group 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.

Rizap Group'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 )
=(134190-35248)/169526
=0.58

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=163480 - 29290
=134190

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=98922 - 32268 - 31406
=35248

Rizap Group'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 )
=(134190-35248)/166201
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=163480 - 29290
=134190

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=98922 - 32268 - 31406
=35248

* 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 0.60 mean?
Rizap Group (SSE:2928) has a Scaled Net Operating Assets of 0.60 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 Rizap Group and its competitors.
Is Rizap Group's Scaled Net Operating Assets too high?
Rizap Group's current Scaled Net Operating Assets is 0.60. Overall, Rizap Group has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rizap Group's Scaled Net Operating Assets compare to CASY and WSM?
Rizap Group's Scaled Net Operating Assets of 0.60 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 Rizap Group and its competitors. Rizap Group's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rizap Group stock overvalued right now?
Based on GuruFocus' analysis, Rizap Group (SSE:2928) is currently considered Modestly Undervalued. The stock's GF Value™ is 円222.72, compared to a current price of 円191.00 — trading 14.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.60. Rizap Group's overall GF Score™ is 54/100 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 Rizap Group (SSE:2928), the current Scaled Net Operating Assets is 0.60 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 Rizap Group (SSE:2928) Overvalued in 2026?

Based on GuruFocus' analysis, Rizap Group stock appears to be undervalued. The current stock price of 円191.00 is trading 14.2% below its estimated GF Value™ of 円222.72. GuruFocus considers Rizap Group to be Modestly Undervalued.

Key valuation signals for SSE:2928:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: 円222.72 vs. price of 円191.00 (14.2% below fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the SSE:2928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rizap Group Business Description

Address Kitashinjuku 2-21-1, Shinjuku Front Tower, 31st Floor, Shinjuku-ku, Yubinbango, Tokyo, JPN, 169-0074
Rizap Group is engaged in health and fitness. The Company sells its beauty and health products through mail order. The company manufactures and sales of beauty related products, health foods, Apparel, interior goods. Its other business includes Housing new construction, renovation, Mega solar business, and entertainment business. Its products include mud Awawa, RIZAP Golf, among others.
54GF Score

Get the complete analysis for SSE:2928

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

円191.00
Price
円222.72
GF Value