Warabeya Nichiyo Holdings Co (TSE:2918) Scaled Net Operating Assets: 0.67 (As of Feb. 2026)


TSE:2918 Warabeya Nichiyo Holdings Co Ltd TSE:2918
77 GF Score
Price 円2,631.00
GF Value 円2,873.03
Valuation Fairly Valued
! 2 Warning Signs
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What is Warabeya Nichiyo Holdings Co Scaled Net Operating Assets?

Warabeya Nichiyo Holdings Co TSE:2918 +0.50% 77 Scaled Net Operating Assets is 0.67 as of Feb. 2026. GuruFocus rates TSE:2918 with a GF Score™ of 77/100 and a GF Value™ of 円2,873.03 (Fairly Valued). The stock has 2 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.

Warabeya Nichiyo Holdings Co's operating assets for the quarter that ended in Feb. 2026 was 円121,357 Mil. Warabeya Nichiyo Holdings Co's operating liabilities for the quarter that ended in Feb. 2026 was 円33,131 Mil. Warabeya Nichiyo Holdings Co's Total Assets for the quarter that ended in Nov. 2025 was 円130,733 Mil. Therefore, Warabeya Nichiyo Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.67.


Warabeya Nichiyo Holdings Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Warabeya Nichiyo 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.

Warabeya Nichiyo Holdings Co Scaled Net Operating Assets Chart

Warabeya Nichiyo Holdings 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 0.58 0.68 0.73 0.83 0.73

Warabeya Nichiyo Holdings 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 0.72 0.69 0.66 0.68 0.67

TSE:2918 vs KHC, GIS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Warabeya Nichiyo 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.


Warabeya Nichiyo Holdings Co Scaled Net Operating Assets vs Consumer Packaged Goods Industry

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

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


TSE:2918
77GF Score
Warabeya Nichiyo Holdings Co Ltd TSE:2918
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Warabeya Nichiyo 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.

Warabeya Nichiyo Holdings 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 )
=(121357-33131)/120924
=0.73

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=131735 - 10378
=121357

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=69606 - 31355 - 5120
=33131

Warabeya Nichiyo Holdings 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 )
=(121357-33131)/130733
=0.67

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=131735 - 10378
=121357

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=69606 - 31355 - 5120
=33131

* 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 0.67 mean?
Warabeya Nichiyo Holdings Co (TSE:2918) has a Scaled Net Operating Assets of 0.67 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 Warabeya Nichiyo Holdings Co and its competitors.
Is Warabeya Nichiyo Holdings Co's Scaled Net Operating Assets too high?
Warabeya Nichiyo Holdings Co's current Scaled Net Operating Assets is 0.67. Overall, Warabeya Nichiyo Holdings Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Warabeya Nichiyo Holdings Co's Scaled Net Operating Assets compare to KHC and GIS?
Warabeya Nichiyo Holdings Co's Scaled Net Operating Assets of 0.67 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 Warabeya Nichiyo Holdings Co and its competitors. Warabeya Nichiyo Holdings Co's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warabeya Nichiyo Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Warabeya Nichiyo Holdings Co (TSE:2918) is currently considered Fairly Valued. The stock's GF Value™ is 円2,873.03, compared to a current price of 円2,631.00 — trading 8.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.67. Warabeya Nichiyo Holdings Co's overall GF Score™ is 77/100 with 2 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 Warabeya Nichiyo Holdings Co (TSE:2918), the current Scaled Net Operating Assets is 0.67 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 Warabeya Nichiyo Holdings Co (TSE:2918) Overvalued in 2026?

Based on GuruFocus' analysis, Warabeya Nichiyo Holdings Co stock appears to be undervalued. The current stock price of 円2,631.00 is trading 8.4% below its estimated GF Value™ of 円2,873.03. GuruFocus considers Warabeya Nichiyo Holdings Co to be Fairly Valued.

Key valuation signals for TSE:2918:

  • Scaled Net Operating Assets: 0.67
  • GF Value™: 円2,873.03 vs. price of 円2,631.00 (8.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the TSE:2918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Warabeya Nichiyo Holdings Co Business Description

Address 13-19 Tomihisacho, Shinjuku-ku, Tokyo, JPN, 162-8020
Warabeya Nichiyo Holdings Co Ltd is a Japan-based company engaged in manufacturing and sale of ready-made food products. It produces ready-to-eat meals for convenience stores which includes bento meal boxes, onigiri rice balls, and side dishes. The food products offered by the group are bento meal boxes, onigiri rice balls and sushi, chilled bento meal boxes, bread products, side dishes and noodles, and chilled Japanese sweets. The organization has business operations in Japan and in international countries. The segments of the company are Food Products Business, Food Ingredients Business, and Logistics Business. The Food Products business segment includes manufacturing and sales of cooked food and Logistics business segment relates to food delivery.
77GF Score

Get the complete analysis for TSE:2918

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

円2,631.00
Price
円2,873.03
GF Value