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Link and Motivation Inc TSE:2170
Link and Motivation TSE:2170 +3.87% 86 Scaled Net Operating Assets is 0.54 as of Mar. 2026. GuruFocus rates TSE:2170 with a GF Score™ of 86/100 and a GF Value™ of 円610.95 (Fairly Valued). The stock has 3 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.
Link and Motivation's operating assets for the quarter that ended in Mar. 2026 was 円29,557 Mil. Link and Motivation's operating liabilities for the quarter that ended in Mar. 2026 was 円7,235 Mil. Link and Motivation's Total Assets for the quarter that ended in Dec. 2025 was 円40,999 Mil. Therefore, Link and Motivation's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.54.
The historical data trend for Link and Motivation'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.
| Link and Motivation Annual Data | |||||||||||||||||||||
| Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | Dec25 | |||||||||||
| Scaled Net Operating Assets | Get a 7-Day Free Trial |
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0.43 | 0.54 | 0.58 | 0.56 | 0.63 | |||||||||||||
| Link and Motivation 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 |
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0.58 | 0.57 | 0.67 | 0.52 | 0.54 | ||
For the Consulting Services subindustry, Link and Motivation'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.
For the Business Services industry and Industrials sector, Link and Motivation's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Link and Motivation's Scaled Net Operating Assets falls into.
Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Link and Motivation'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 ) |
| = | (29610 | - | 8643) | / | 33178 |
| = | 0.63 |
where
| Operating Assets | (A: Dec. 2025 ) | ||
| = | Total Assets | - | Cash, Cash Equivalents, Marketable Securities |
| = | 40999 | - | 11389 |
| = | 29610 |
| Operating Liabilities | (A: Dec. 2025 ) | ||||
| = | Total Liabilities | - | Long-Term Debt & Capital Lease Obligation | - | Short-Term Debt & Capital Lease Obligation |
| = | 24183 | - | 9226 | - | 6314 |
| = | 8643 |
Link and Motivation'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 ) |
| = | (29557 | - | 7235) | / | 40999 |
| = | 0.54 |
where
| Operating Assets | (Q: Mar. 2026 ) | ||
| = | Total Assets | - | Cash, Cash Equivalents, Marketable Securities |
| = | 40061 | - | 10504 |
| = | 29557 |
| Operating Liabilities | (Q: Mar. 2026 ) | ||||
| = | Total Liabilities | - | Long-Term Debt & Capital Lease Obligation | - | Short-Term Debt & Capital Lease Obligation |
| = | 24141 | - | 8780 | - | 8126 |
| = | 7235 |
* 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.
Based on GuruFocus' analysis, Link and Motivation stock appears to be undervalued. The current stock price of 円563.00 is trading 7.8% below its estimated GF Value™ of 円610.95. GuruFocus considers Link and Motivation to be Fairly Valued.
Key valuation signals for TSE:2170:
No single metric tells the full story. See the TSE:2170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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