KENKO Mayonnaise Co (TSE:2915) Scaled Net Operating Assets: 0.49 (As of Mar. 2026)


TSE:2915 KENKO Mayonnaise Co Ltd TSE:2915
83 GF Score
Price 円2,083.00
GF Value 円2,096.42
Valuation Fairly Valued
View Full Analysis

What is KENKO Mayonnaise Co Scaled Net Operating Assets?

KENKO Mayonnaise Co TSE:2915 +5.63% 83 Scaled Net Operating Assets is 0.49 as of Mar. 2026. GuruFocus rates TSE:2915 with a GF Score™ of 83/100 and a GF Value™ of 円2,096.42 (Fairly Valued).

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

KENKO Mayonnaise Co's operating assets for the quarter that ended in Mar. 2026 was 円50,435 Mil. KENKO Mayonnaise Co's operating liabilities for the quarter that ended in Mar. 2026 was 円19,067 Mil. KENKO Mayonnaise Co's Total Assets for the quarter that ended in Sep. 2025 was 円64,559 Mil. Therefore, KENKO Mayonnaise Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.49.


KENKO Mayonnaise Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for KENKO Mayonnaise 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.

KENKO Mayonnaise Co Scaled Net Operating Assets Chart

KENKO Mayonnaise 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 0.50 0.49 0.44 0.42 0.49

KENKO Mayonnaise 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 0.41 0.43 0.43 0.45 0.49

TSE:2915 vs KHC, GIS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, KENKO Mayonnaise 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.


KENKO Mayonnaise Co Scaled Net Operating Assets vs Consumer Packaged Goods Industry

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

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


TSE:2915
83GF Score
KENKO Mayonnaise Co Ltd TSE:2915
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KENKO Mayonnaise 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.

KENKO Mayonnaise 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 )
=(50435-19067)/64080
=0.49

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=63922 - 13487
=50435

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22360 - 2771 - 522
=19067

KENKO Mayonnaise 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 )
=(50435-19067)/64559
=0.49

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=63922 - 13487
=50435

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22360 - 2771 - 522
=19067

* 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 0.49 mean?
KENKO Mayonnaise Co (TSE:2915) has a Scaled Net Operating Assets of 0.49 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 KENKO Mayonnaise Co and its competitors.
Is KENKO Mayonnaise Co's Scaled Net Operating Assets too high?
KENKO Mayonnaise Co's current Scaled Net Operating Assets is 0.49. Overall, KENKO Mayonnaise Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KENKO Mayonnaise Co's Scaled Net Operating Assets compare to KHC and GIS?
KENKO Mayonnaise Co's Scaled Net Operating Assets of 0.49 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 KENKO Mayonnaise Co and its competitors. KENKO Mayonnaise Co's current Scaled Net Operating Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KENKO Mayonnaise Co stock overvalued right now?
Based on GuruFocus' analysis, KENKO Mayonnaise Co (TSE:2915) is currently considered Fairly Valued. The stock's GF Value™ is 円2,096.42, compared to a current price of 円2,083.00 — trading 0.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.49. KENKO Mayonnaise Co's overall GF Score™ is 83/100. 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 KENKO Mayonnaise Co (TSE:2915), the current Scaled Net Operating Assets is 0.49 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 KENKO Mayonnaise Co (TSE:2915) Overvalued in 2026?

Based on GuruFocus' analysis, KENKO Mayonnaise Co stock appears to be undervalued. The current stock price of 円2,083.00 is trading 0.6% below its estimated GF Value™ of 円2,096.42. GuruFocus considers KENKO Mayonnaise Co to be Fairly Valued.

Key valuation signals for TSE:2915:

  • Scaled Net Operating Assets: 0.49
  • GF Value™: 円2,096.42 vs. price of 円2,083.00 (0.6% below fair value)
  • GF Score™: 83/100

No single metric tells the full story. See the TSE:2915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KENKO Mayonnaise Co Business Description

Address 3-8-13, Takaito Higashi, Suginami-ku, Tokyo, JPN
KENKO Mayonnaise Co Ltd is a food processing company, based in Japan. The company is engaged in the manufacturing, processing, and distribution of a variety of food products such as salads, delicatessen, mayonnaise, dressings, sauces and egg products. Also, the group is engaged in the shop operation and overseas business. Some of its products include GLOBAL mayonnaise; KENKO Restaurant Mayonnaise; Triple Balance Non Oil Bonito; Garlic Butter sauce; SOUZAITEI Frozen Thick Omelet H and others.
83GF Score

Get the complete analysis for TSE:2915

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

円2,083.00
Price
円2,096.42
GF Value