Persol Holdings Co (TSE:2181) Scaled Net Operating Assets: 0.39 (As of Mar. 2026)


TSE:2181 Persol Holdings Co Ltd TSE:2181
86 GF Score
Price 円242.30
GF Value 円294.82
Valuation Modestly Undervalued
View Full Analysis

What is Persol Holdings Co Scaled Net Operating Assets?

Persol Holdings Co TSE:2181 -2.06% 86 Scaled Net Operating Assets is 0.39 as of Mar. 2026. GuruFocus rates TSE:2181 with a GF Score™ of 86/100 and a GF Value™ of 円294.82 (Modestly Undervalued).

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

Persol Holdings Co's operating assets for the quarter that ended in Mar. 2026 was 円535,277 Mil. Persol Holdings Co's operating liabilities for the quarter that ended in Mar. 2026 was 円297,636 Mil. Persol Holdings Co's Total Assets for the quarter that ended in Dec. 2025 was 円605,250 Mil. Therefore, Persol Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.39.


Persol Holdings Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Persol Holdings 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.

Persol Holdings Co Scaled Net Operating Assets Chart

Persol Holdings 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 0.34 0.35 0.39 0.44

Persol Holdings 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 0.38 0.39 0.39 0.40 0.39

TSE:2181 vs KFY, RHI, TNET: Scaled Net Operating Assets Comparison

For the Staffing & Employment Services subindustry, Persol Holdings 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.


Persol Holdings Co Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Persol Holdings Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:2181
86GF Score
Persol Holdings Co Ltd TSE:2181
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Persol Holdings 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.

Persol Holdings 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 )
=(535277-297636)/539746
=0.44

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=620535 - 85258
=535277

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=381747 - 43228 - 40883
=297636

Persol Holdings 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 )
=(535277-297636)/605250
=0.39

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=620535 - 85258
=535277

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=381747 - 43228 - 40883
=297636

* 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 0.39 mean?
Persol Holdings Co (TSE:2181) has a Scaled Net Operating Assets of 0.39 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 Persol Holdings Co and its competitors.
Is Persol Holdings Co's Scaled Net Operating Assets too high?
Persol Holdings Co's current Scaled Net Operating Assets is 0.39. Overall, Persol Holdings Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Persol Holdings Co's Scaled Net Operating Assets compare to KFY and RHI?
Persol Holdings Co's Scaled Net Operating Assets of 0.39 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 Persol Holdings Co and its competitors. Persol Holdings Co's current Scaled Net Operating Assets is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persol Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Persol Holdings Co (TSE:2181) is currently considered Modestly Undervalued. The stock's GF Value™ is 円294.82, compared to a current price of 円242.30 — trading 17.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.39. Persol Holdings Co's overall GF Score™ is 86/100. 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 Persol Holdings Co (TSE:2181), the current Scaled Net Operating Assets is 0.39 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 Persol Holdings Co (TSE:2181) Overvalued in 2026?

Based on GuruFocus' analysis, Persol Holdings Co stock appears to be undervalued. The current stock price of 円242.30 is trading 17.8% below its estimated GF Value™ of 円294.82. GuruFocus considers Persol Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:2181:

  • Scaled Net Operating Assets: 0.39
  • GF Value™: 円294.82 vs. price of 円242.30 (17.8% below fair value)
  • GF Score™: 86/100

No single metric tells the full story. See the TSE:2181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Persol Holdings Co Business Description

Address 2-1-1 Yoyogi, Shibuya-ku, Tokyo, JPN, 151-0053
Persol Holdings Co Ltd is a Japan-based company engaged in the provision of staffing and HR-related services. Its services include temporary staffing, recruitment, media, outsourcing, and job creation in a range of industries. The company's segments include Asia Pacific; Business Process Outsourcing (BPO); Career; Staffing; Technology; and Others. It generates the majority of its revenue from the Staffing segment, which is engaged in the temporary staffing business for a wide range of industries, mainly in the administrative field, mainly in Japan.
86GF Score

Get the complete analysis for TSE:2181

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

円242.30
Price
円294.82
GF Value