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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Nippon Aqua Co's operating assets for the quarter that ended in Dec. 2025 was 円23,395 Mil. Nippon Aqua Co's operating liabilities for the quarter that ended in Dec. 2025 was 円9,364 Mil. Nippon Aqua Co's Total Assets for the quarter that ended in Sep. 2025 was 円23,060 Mil. Therefore, Nippon Aqua Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.61.
Nippon Aqua Co Scaled Net Operating Assets Related Terms
Nippon Aqua Co Scaled Net Operating Assets Historical Data
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The historical data trend for Nippon Aqua 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.
TSE:1429 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison
For the Engineering & Construction subindustry, Nippon Aqua 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 Aqua Co Scaled Net Operating Assets vs Construction Industry
For the Construction industry and Industrials sector, Nippon Aqua Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Nippon Aqua Co'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 0.61 mean?
Nippon Aqua Co (TSE:1429) has a Scaled Net Operating Assets of 0.61 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nippon Aqua Co and its competitors.
Is Nippon Aqua Co's Scaled Net Operating Assets too high?
Nippon Aqua Co's current Scaled Net Operating Assets is 0.61. Overall, Nippon Aqua Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Aqua Co's Scaled Net Operating Assets compare to PWR and FIX?
Nippon Aqua Co's Scaled Net Operating Assets of 0.61 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Aqua Co and its competitors. Nippon Aqua Co's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Aqua Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Aqua Co (TSE:1429) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,075.86, compared to a current price of 円748.00 — trading 30.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.61. Nippon Aqua Co's overall GF Score™ is 73/100. 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 Aqua Co (TSE:1429), the current Scaled Net Operating Assets is 0.61 as of Dec. 2025. 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 Aqua Co (TSE:1429) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Aqua Co stock appears to be undervalued.
The current stock price of 円748.00 is trading 30.5% below its estimated GF Value™ of 円1,075.86.
GuruFocus considers Nippon Aqua Co to be Significantly Undervalued.
Key valuation signals for TSE:1429:
Scaled Net Operating Assets: 0.61
GF Value™: 円1,075.86 vs. price of 円748.00 (30.5% below fair value)
No single metric tells the full story. See the TSE:1429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Aqua Co Ltd is engaged in the development, sales, and installation of rigid polyurethane foam (Note) and waterproofing materials (polyurea). The company also provides a comprehensive service from the procurement, manufacturing, and sales of raw materials according to its specifications, to insulation design, sales of related materials such as heat-shielding materials, and on-site installation. Its business consists of a single business: thermal insulation construction and related services.
73GF 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.
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