Shin Nippon Air Technologies Co (TSE:1952) Scaled Net Operating Assets: 0.49 (As of Mar. 2026)

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TSE:1952 Shin Nippon Air Technologies Co Ltd TSE:1952
84 GF Score
Price 円3,270.00
GF Value 円2,361.40
Valuation Significantly Overvalued
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What is Shin Nippon Air Technologies Co Scaled Net Operating Assets?

Shin Nippon Air Technologies Co TSE:1952 +2.19% 84 Scaled Net Operating Assets is 0.49 as of Mar. 2026. GuruFocus rates TSE:1952 with a GF Score™ of 84/100 and a GF Value™ of 円2,361.40 (Significantly Overvalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Shin Nippon Air Technologies Co's operating assets for the quarter that ended in Mar. 2026 was 円108,055 Mil. Shin Nippon Air Technologies Co's operating liabilities for the quarter that ended in Mar. 2026 was 円49,906 Mil. Shin Nippon Air Technologies Co's Total Assets for the quarter that ended in Dec. 2025 was 円118,884 Mil. Therefore, Shin Nippon Air Technologies Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.49.


Shin Nippon Air Technologies Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Shin Nippon Air Technologies 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.

Shin Nippon Air Technologies Co Scaled Net Operating Assets Chart

Shin Nippon Air Technologies Co 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 0.43 0.37 0.57 0.45 0.49

Shin Nippon Air Technologies 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 0.51 0.43 0.54 0.53 0.49

TSE:1952 vs TT, JCI, CARR: Scaled Net Operating Assets Comparison

For the Building Products & Equipment subindustry, Shin Nippon Air Technologies 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.


Shin Nippon Air Technologies Co Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Shin Nippon Air Technologies Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shin Nippon Air Technologies Co's Scaled Net Operating Assets falls into.


TSE:1952
84GF Score
Shin Nippon Air Technologies Co Ltd TSE:1952
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Nippon Air Technologies 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.

Shin Nippon Air Technologies Co'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 )
=(108055-49906)/118166
=0.49

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=135391 - 27336
=108055

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=52723 - 360 - 2457
=49906

Shin Nippon Air Technologies 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 )
=(108055-49906)/118884
=0.49

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=135391 - 27336
=108055

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=52723 - 360 - 2457
=49906

* 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 0.49 mean?
Shin Nippon Air Technologies Co (TSE:1952) has a Scaled Net Operating Assets of 0.49 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 Shin Nippon Air Technologies Co and its competitors.
Is Shin Nippon Air Technologies Co's Scaled Net Operating Assets too high?
Shin Nippon Air Technologies Co's current Scaled Net Operating Assets is 0.49. Overall, Shin Nippon Air Technologies Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shin Nippon Air Technologies Co's Scaled Net Operating Assets compare to TT and JCI?
Shin Nippon Air Technologies Co's Scaled Net Operating Assets of 0.49 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 Shin Nippon Air Technologies Co and its competitors. Shin Nippon Air Technologies Co's current Scaled Net Operating Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Nippon Air Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Nippon Air Technologies Co (TSE:1952) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,361.40, compared to a current price of 円3,270.00 — trading 38.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.49. Shin Nippon Air Technologies Co's overall GF Score™ is 84/100. 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 Shin Nippon Air Technologies Co (TSE:1952), the current Scaled Net Operating Assets is 0.49 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 Shin Nippon Air Technologies Co (TSE:1952) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Nippon Air Technologies Co stock appears to be overvalued. The current stock price of 円3,270.00 is trading 38.5% above its estimated GF Value™ of 円2,361.40. GuruFocus considers Shin Nippon Air Technologies Co to be Significantly Overvalued.

Key valuation signals for TSE:1952:

  • Scaled Net Operating Assets: 0.49
  • GF Value™: 円2,361.40 vs. price of 円3,270.00 (38.5% above fair value)
  • GF Score™: 84/100

No single metric tells the full story. See the TSE:1952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Nippon Air Technologies Co Business Description

Address 2-31-1 Nihonbashi Hamacho, Hamacho Center Building, Chuo-ku, Tokyo, JPN, 103-0007
Shin Nippon Air Technologies Co Ltd engages in the design, installation, management, and contract work for air conditioning systems, ventilation, environmental protection, temperature and humidity adjustment, dust removal, disinfection, water supply and drainage, sanitation equipment, and electrical equipment.
84GF Score

Get the complete analysis for TSE:1952

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

円3,270.00
Price
円2,361.40
GF Value