Generation Pass Co (TSE:3195) Scaled Net Operating Assets: 0.59 (As of Apr. 2026)

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TSE:3195 Generation Pass Co Ltd TSE:3195
51 GF Score
Price 円567.00
GF Value 円324.88
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Generation Pass Co Scaled Net Operating Assets?

Generation Pass Co TSE:3195 -2.24% 51 Scaled Net Operating Assets is 0.59 as of Apr. 2026. GuruFocus rates TSE:3195 with a GF Score™ of 51/100 and a GF Value™ of 円324.88 (Significantly Overvalued). The stock has 4 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.

Generation Pass Co's operating assets for the quarter that ended in Apr. 2026 was 円4,987 Mil. Generation Pass Co's operating liabilities for the quarter that ended in Apr. 2026 was 円2,246 Mil. Generation Pass Co's Total Assets for the quarter that ended in Oct. 2025 was 円4,629 Mil. Therefore, Generation Pass Co's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.59.


Generation Pass Co Scaled Net Operating Assets Historical Data

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The historical data trend for Generation Pass 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.

Generation Pass Co Scaled Net Operating Assets Chart

Generation Pass Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.46 0.37 0.34 0.52

Generation Pass Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.40 0.33 0.49 0.48 0.59

TSE:3195 vs AMZN, BABA, PDD: Scaled Net Operating Assets Comparison

For the Internet Retail subindustry, Generation Pass 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.


Generation Pass Co Scaled Net Operating Assets vs Retail - Cyclical Industry

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

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


TSE:3195
51GF Score
Generation Pass Co Ltd TSE:3195
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Generation Pass 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.

Generation Pass Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(3827.704-1482.83)/4520.702
=0.52

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4629.079 - 801.375
=3827.704

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2741.908 - 9.835 - 1249.243
=1482.83

Generation Pass Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Oct. 2025 )
=(4986.616-2246.306)/4629.079
=0.59

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6249.738 - 1263.122
=4986.616

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4147.958 - 0 - 1901.652
=2246.306

* 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 0.59 mean?
Generation Pass Co (TSE:3195) has a Scaled Net Operating Assets of 0.59 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Generation Pass Co and its competitors.
Is Generation Pass Co's Scaled Net Operating Assets too high?
Generation Pass Co's current Scaled Net Operating Assets is 0.59. Overall, Generation Pass Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Generation Pass Co's Scaled Net Operating Assets compare to AMZN and BABA?
Generation Pass Co's Scaled Net Operating Assets of 0.59 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 Generation Pass Co and its competitors. Generation Pass Co's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Pass Co stock overvalued right now?
Based on GuruFocus' analysis, Generation Pass Co (TSE:3195) is currently considered Significantly Overvalued. The stock's GF Value™ is 円324.88, compared to a current price of 円567.00 — trading 74.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.59. Generation Pass Co's overall GF Score™ is 51/100 with 4 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 Generation Pass Co (TSE:3195), the current Scaled Net Operating Assets is 0.59 as of Apr. 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 Generation Pass Co (TSE:3195) Overvalued in 2026?

Based on GuruFocus' analysis, Generation Pass Co stock appears to be overvalued. The current stock price of 円567.00 is trading 74.5% above its estimated GF Value™ of 円324.88. GuruFocus considers Generation Pass Co to be Significantly Overvalued.

Key valuation signals for TSE:3195:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: 円324.88 vs. price of 円567.00 (74.5% above fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the TSE:3195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Generation Pass Co Business Description

Address 6-12-1 Nishi-Shinjuku, 5th Floor, Nishi-Shinjuku Park West Building, Shinjuku-ku, Tokyo, JPN, 169-0072
Generation Pass Co Ltd provides e-commerce marketing and support services in Japan. The company's operating segments include EC Marketing Business and Product Planning related business. The EC Marketing Business involves collecting and analyzing big data from EC sites operated by the group. The Product Planning related segment is a project that utilizes the product data acquired by the company's EC marketing business, and mainly engages in planning and development of products in collaboration with manufacturers.
51GF Score

Get the complete analysis for TSE:3195

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

円567.00
Price
円324.88
GF Value