AUTOWAVE Co (TSE:2666) Scaled Net Operating Assets: 0.68 (As of Mar. 2026)

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TSE:2666 AUTOWAVE Co Ltd TSE:2666
66 GF Score
Price 円176.00
GF Value 円180.00
Valuation Fairly Valued
! 5 Warning Signs
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What is AUTOWAVE Co Scaled Net Operating Assets?

AUTOWAVE Co TSE:2666 66 Scaled Net Operating Assets is 0.68 as of Mar. 2026. GuruFocus rates TSE:2666 with a GF Score™ of 66/100 and a GF Value™ of 円180.00 (Fairly Valued). 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.

AUTOWAVE Co's operating assets for the quarter that ended in Mar. 2026 was 円6,752 Mil. AUTOWAVE Co's operating liabilities for the quarter that ended in Mar. 2026 was 円1,708 Mil. AUTOWAVE Co's Total Assets for the quarter that ended in Sep. 2025 was 円7,446 Mil. Therefore, AUTOWAVE Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.68.


AUTOWAVE Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for AUTOWAVE 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.

AUTOWAVE Co Scaled Net Operating Assets Chart

AUTOWAVE 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 0.61 0.67 0.68 0.70 0.67

AUTOWAVE Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.69 0.70 0.72 0.67 0.68

TSE:2666 vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, AUTOWAVE 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.


AUTOWAVE Co Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, AUTOWAVE Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:2666
66GF Score
AUTOWAVE Co Ltd TSE:2666
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AUTOWAVE 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.

AUTOWAVE 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 )
=(6751.6-1708.292)/7520.246
=0.67

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7402.295 - 650.695
=6751.6

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3488.292 - 1080 - 700
=1708.292

AUTOWAVE 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: Sep. 2025 )
=(6751.6-1708.292)/7445.906
=0.68

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7402.295 - 650.695
=6751.6

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3488.292 - 1080 - 700
=1708.292

* 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 0.68 mean?
AUTOWAVE Co (TSE:2666) has a Scaled Net Operating Assets of 0.68 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 AUTOWAVE Co and its competitors.
Is AUTOWAVE Co's Scaled Net Operating Assets too high?
AUTOWAVE Co's current Scaled Net Operating Assets is 0.68. Overall, AUTOWAVE Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AUTOWAVE Co's Scaled Net Operating Assets compare to CASY and WSM?
AUTOWAVE Co's Scaled Net Operating Assets of 0.68 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 AUTOWAVE Co and its competitors. AUTOWAVE Co's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AUTOWAVE Co stock overvalued right now?
Based on GuruFocus' analysis, AUTOWAVE Co (TSE:2666) is currently considered Fairly Valued. The stock's GF Value™ is 円180.00, compared to a current price of 円176.00 — trading 2.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. AUTOWAVE Co's overall GF Score™ is 66/100 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 AUTOWAVE Co (TSE:2666), the current Scaled Net Operating Assets is 0.68 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 AUTOWAVE Co (TSE:2666) Overvalued in 2026?

Based on GuruFocus' analysis, AUTOWAVE Co stock appears to be undervalued. The current stock price of 円176.00 is trading 2.2% below its estimated GF Value™ of 円180.00. GuruFocus considers AUTOWAVE Co to be Fairly Valued.

Key valuation signals for TSE:2666:

  • Scaled Net Operating Assets: 0.68
  • GF Value™: 円180.00 vs. price of 円176.00 (2.2% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the TSE:2666 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AUTOWAVE Co Business Description

Address 1850 Miyanogi cho, Miyanogi, JPN, 263-0054
AUTOWAVE Co Ltd is engaged in car supplies and car total maintenance service. The services offered by the company include inspection, tire, car navigation, battery maintenance, sheet metal repair, and auto wave card.
66GF Score

Get the complete analysis for TSE:2666

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

円176.00
Price
円180.00
GF Value