And ST HD Co (TSE:2685) Scaled Net Operating Assets: 0.41 (As of Feb. 2026)


TSE:2685 And ST HD Co Ltd TSE:2685
90 GF Score
Price 円3,520.00
GF Value 円3,476.45
Valuation Fairly Valued
! 6 Warning Signs
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What is And ST HD Co Scaled Net Operating Assets?

And ST HD Co TSE:2685 -0.85% 90 Scaled Net Operating Assets is 0.41 as of Feb. 2026. GuruFocus rates TSE:2685 with a GF Score™ of 90/100 and a GF Value™ of 円3,476.45 (Fairly Valued). The stock has 6 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.

And ST HD Co's operating assets for the quarter that ended in Feb. 2026 was 円114,776 Mil. And ST HD Co's operating liabilities for the quarter that ended in Feb. 2026 was 円50,913 Mil. And ST HD Co's Total Assets for the quarter that ended in Nov. 2025 was 円157,006 Mil. Therefore, And ST HD Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.41.


And ST HD Co Scaled Net Operating Assets Historical Data

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The historical data trend for And ST HD 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.

And ST HD Co Scaled Net Operating Assets Chart

And ST HD Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.54 0.51 0.51 0.48

And ST HD Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.49 0.43 0.48 0.41 0.45

TSE:2685 vs RL, LEVI, VFC: Scaled Net Operating Assets Comparison

For the Apparel Manufacturing subindustry, And ST HD 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.


And ST HD Co Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, And ST HD Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:2685
90GF Score
And ST HD Co Ltd TSE:2685
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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And ST HD 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.

And ST HD Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2026 )
=(Operating Assets (A: Feb. 2026 )-Operating Liabilities (A: Feb. 2026 ))/Total Assets (A: Feb. 2025 )
=(114776-50913)/133108
=0.48

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=139688 - 24912
=114776

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=57866 - 4780 - 2173
=50913

And ST HD Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Nov. 2025 )
=(114776-50913)/157006
=0.41

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=139688 - 24912
=114776

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=57866 - 4780 - 2173
=50913

* 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 0.41 mean?
And ST HD Co (TSE:2685) has a Scaled Net Operating Assets of 0.41 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on And ST HD Co and its competitors.
Is And ST HD Co's Scaled Net Operating Assets too high?
And ST HD Co's current Scaled Net Operating Assets is 0.41. Overall, And ST HD Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does And ST HD Co's Scaled Net Operating Assets compare to RL and LEVI?
And ST HD Co's Scaled Net Operating Assets of 0.41 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 And ST HD Co and its competitors. And ST HD Co's current Scaled Net Operating Assets is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is And ST HD Co stock overvalued right now?
Based on GuruFocus' analysis, And ST HD Co (TSE:2685) is currently considered Fairly Valued. The stock's GF Value™ is 円3,476.45, compared to a current price of 円3,520.00 — trading 1.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.41. And ST HD Co's overall GF Score™ is 90/100 with 6 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 And ST HD Co (TSE:2685), the current Scaled Net Operating Assets is 0.41 as of Feb. 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 And ST HD Co (TSE:2685) Overvalued in 2026?

Based on GuruFocus' analysis, And ST HD Co stock appears to be overvalued. The current stock price of 円3,520.00 is trading 1.3% above its estimated GF Value™ of 円3,476.45. GuruFocus considers And ST HD Co to be Fairly Valued.

Key valuation signals for TSE:2685:

  • Scaled Net Operating Assets: 0.41
  • GF Value™: 円3,476.45 vs. price of 円3,520.00 (1.3% above fair value)
  • GF Score™: 90/100 with 6 warning signs

No single metric tells the full story. See the TSE:2685 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


And ST HD Co Business Description

Address 2-21-1, Shibuya, 27th Floor, Shibuya Hikarie, Shibuya-ku, Tokyo, JPN, 100-6610
And ST HD Co Ltd is a fashion company engaged in the planning and sale of apparel and related products. Its segments include: Apparel and Sundries Related Business, and Others (Food and Beverage Business). It maintains a portfolio of diverse brands to suit each customer's changing preferences and lifestyle.
90GF Score

Get the complete analysis for TSE:2685

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

円3,520.00
Price
円3,476.45
GF Value