Feed One Co (TSE:2060) Scaled Net Operating Assets: 0.55 (As of Mar. 2026)

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TSE:2060 Feed One Co Ltd TSE:2060
64 GF Score
Price 円1,292.00
GF Value 円862.00
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Feed One Co Scaled Net Operating Assets?

Feed One Co TSE:2060 +0.86% 64 Scaled Net Operating Assets is 0.55 as of Mar. 2026. GuruFocus rates TSE:2060 with a GF Score™ of 64/100 and a GF Value™ of 円862.00 (Significantly Overvalued). The stock has 5 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.

Feed One Co's operating assets for the quarter that ended in Mar. 2026 was 円121,882 Mil. Feed One Co's operating liabilities for the quarter that ended in Mar. 2026 was 円45,301 Mil. Feed One Co's Total Assets for the quarter that ended in Dec. 2025 was 円139,193 Mil. Therefore, Feed One Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.55.


Feed One Co Scaled Net Operating Assets Historical Data

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The historical data trend for Feed One 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.

Feed One Co Scaled Net Operating Assets Chart

Feed One 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 0.65 0.69 0.57 0.56 0.62

Feed One 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 0.54 0.62 0.60 0.62 0.55

TSE:2060 vs KHC, GIS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Feed One 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.


Feed One Co Scaled Net Operating Assets vs Consumer Packaged Goods Industry

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

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


TSE:2060
64GF Score
Feed One Co Ltd TSE:2060
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Feed One 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.

Feed One 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 )
=(121882-45301)/124172
=0.62

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=133020 - 11138
=121882

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=70636 - 23888 - 1447
=45301

Feed One 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 )
=(121882-45301)/139193
=0.55

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=133020 - 11138
=121882

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=70636 - 23888 - 1447
=45301

* 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 0.55 mean?
Feed One Co (TSE:2060) has a Scaled Net Operating Assets of 0.55 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 Feed One Co and its competitors.
Is Feed One Co's Scaled Net Operating Assets too high?
Feed One Co's current Scaled Net Operating Assets is 0.55. Overall, Feed One Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Feed One Co's Scaled Net Operating Assets compare to KHC and GIS?
Feed One Co's Scaled Net Operating Assets of 0.55 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 Feed One Co and its competitors. Feed One Co's current Scaled Net Operating Assets is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feed One Co stock overvalued right now?
Based on GuruFocus' analysis, Feed One Co (TSE:2060) is currently considered Significantly Overvalued. The stock's GF Value™ is 円862.00, compared to a current price of 円1,292.00 — trading 49.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.55. Feed One Co's overall GF Score™ is 64/100 with 5 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 Feed One Co (TSE:2060), the current Scaled Net Operating Assets is 0.55 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 Feed One Co (TSE:2060) Overvalued in 2026?

Based on GuruFocus' analysis, Feed One Co stock appears to be overvalued. The current stock price of 円1,292.00 is trading 49.9% above its estimated GF Value™ of 円862.00. GuruFocus considers Feed One Co to be Significantly Overvalued.

Key valuation signals for TSE:2060:

  • Scaled Net Operating Assets: 0.55
  • GF Value™: 円862.00 vs. price of 円1,292.00 (49.9% above fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the TSE:2060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feed One Co Business Description

Address 2-23-2, Tsuruyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0835
Feed One Co Ltd is a Japanese company engaged in the manufacture and sale of mixed feed, animal and fishery feeds. It also provides other ancillary services such as farm-management consulting, management of veterinary examination and treatment facilities.
64GF Score

Get the complete analysis for TSE:2060

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

円1,292.00
Price
円862.00
GF Value