Anap Holdings (TSE:3189) Scaled Net Operating Assets: 0.81 (As of Feb. 2026)


TSE:3189 Anap Holdings Inc TSE:3189
31 GF Score
Price 円113.00
GF Value 円31.31
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Anap Holdings Scaled Net Operating Assets?

Anap Holdings TSE:3189 +2.73% 31 Scaled Net Operating Assets is 0.81 as of Feb. 2026. GuruFocus rates TSE:3189 with a GF Score™ of 31/100 and a GF Value™ of 円31.31 (Significantly Overvalued). The stock has 9 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.

Anap Holdings's operating assets for the quarter that ended in Feb. 2026 was 円15,405 Mil. Anap Holdings's operating liabilities for the quarter that ended in Feb. 2026 was 円654 Mil. Anap Holdings's Total Assets for the quarter that ended in Aug. 2025 was 円18,320 Mil. Therefore, Anap Holdings's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.81.


Anap Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Anap Holdings'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.

Anap Holdings Scaled Net Operating Assets Chart

Anap Holdings Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.45 0.25 0.18 20.53

Anap Holdings Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.33 0.25 0.24 14.89 0.81

TSE:3189 vs TJX, ROST, BURL: Scaled Net Operating Assets Comparison

For the Apparel Retail subindustry, Anap Holdings'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.


Anap Holdings Scaled Net Operating Assets vs Retail - Cyclical Industry

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

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


TSE:3189
31GF Score
Anap Holdings Inc TSE:3189
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Anap Holdings 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.

Anap Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2025 )
=(Operating Assets (A: Aug. 2025 )-Operating Liabilities (A: Aug. 2025 ))/Total Assets (A: Aug. 2024 )
=(17572.037-675.106)/822.859
=20.53

where

Operating Assets(A: Aug. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18320.042 - 748.005
=17572.037

Operating Liabilities(A: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5675.106 - 0 - 5000
=675.106

Anap Holdings'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: Aug. 2025 )
=(15405.139-654.396)/18320.042
=0.81

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16074.849 - 669.71
=15405.139

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10541.182 - 9886.786 - 0
=654.396

* 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 0.81 mean?
Anap Holdings (TSE:3189) has a Scaled Net Operating Assets of 0.81 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 Anap Holdings and its competitors.
Is Anap Holdings' Scaled Net Operating Assets too high?
Anap Holdings' current Scaled Net Operating Assets is 0.81. Overall, Anap Holdings has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anap Holdings' Scaled Net Operating Assets compare to TJX and ROST?
Anap Holdings' Scaled Net Operating Assets of 0.81 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 Anap Holdings and its competitors. Anap Holdings's current Scaled Net Operating Assets is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anap Holdings stock overvalued right now?
Based on GuruFocus' analysis, Anap Holdings (TSE:3189) is currently considered Significantly Overvalued. The stock's GF Value™ is 円31.31, compared to a current price of 円113.00 — trading 260.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.81. Anap Holdings' overall GF Score™ is 31/100 with 9 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 Anap Holdings (TSE:3189), the current Scaled Net Operating Assets is 0.81 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 Anap Holdings (TSE:3189) Overvalued in 2026?

Based on GuruFocus' analysis, Anap Holdings stock appears to be overvalued. The current stock price of 円113.00 is trading 260.9% above its estimated GF Value™ of 円31.31. GuruFocus considers Anap Holdings to be Significantly Overvalued.

Key valuation signals for TSE:3189:

  • Scaled Net Operating Assets: 0.81
  • GF Value™: 円31.31 vs. price of 円113.00 (260.9% above fair value)
  • GF Score™: 31/100 with 9 warning signs

No single metric tells the full story. See the TSE:3189 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anap Holdings Business Description

Address 20-19 Minamiaoyama 4-chome, Minato-ku, Tokyo, JPN, 107-0062
Anap Holdings Inc operates a variety of businesses, including apparel, beauty, relaxation, and investment. The company is engaged in formulating and implementing management strategies for the entire group of companies involved in casual clothing sales, beauty salon-related businesses, investment businesses, and others.
31GF Score

Get the complete analysis for TSE:3189

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

円113.00
Price
円31.31
GF Value