SFP Holdings Co (TSE:3198) Scaled Net Operating Assets: 0.37 (As of Feb. 2026)


TSE:3198 SFP Holdings Co Ltd TSE:3198
75 GF Score
Price 円2,225.00
GF Value 円2,437.99
Valuation Fairly Valued
! 3 Warning Signs
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What is SFP Holdings Co Scaled Net Operating Assets?

SFP Holdings Co TSE:3198 75 Scaled Net Operating Assets is 0.37 as of Feb. 2026. GuruFocus rates TSE:3198 with a GF Score™ of 75/100 and a GF Value™ of 円2,437.99 (Fairly Valued). The stock has 3 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.

SFP Holdings Co's operating assets for the quarter that ended in Feb. 2026 was 円9,202 Mil. SFP Holdings Co's operating liabilities for the quarter that ended in Feb. 2026 was 円4,246 Mil. SFP Holdings Co's Total Assets for the quarter that ended in Aug. 2025 was 円13,503 Mil. Therefore, SFP Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.37.


SFP Holdings Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SFP 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.

SFP Holdings Co Scaled Net Operating Assets Chart

SFP 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 0.30 0.24 0.24 0.32 0.36

SFP Holdings Co 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 0.24 0.32 0.31 0.32 0.37

TSE:3198 vs MCD, SBUX, YUM: Scaled Net Operating Assets Comparison

For the Restaurants subindustry, SFP 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.


SFP Holdings Co Scaled Net Operating Assets vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, SFP Holdings Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:3198
75GF Score
SFP Holdings Co Ltd TSE:3198
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SFP 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.

SFP 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 )
=(9202.375-4245.828)/13963.714
=0.35

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13512.479 - 4310.104
=9202.375

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4330.482 - 24.146 - 60.508
=4245.828

SFP 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: Aug. 2025 )
=(9202.375-4245.828)/13503.465
=0.37

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13512.479 - 4310.104
=9202.375

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4330.482 - 24.146 - 60.508
=4245.828

* 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 0.37 mean?
SFP Holdings Co (TSE:3198) has a Scaled Net Operating Assets of 0.37 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 SFP Holdings Co and its competitors.
Is SFP Holdings Co's Scaled Net Operating Assets too high?
SFP Holdings Co's current Scaled Net Operating Assets is 0.37. Overall, SFP Holdings Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SFP Holdings Co's Scaled Net Operating Assets compare to MCD and SBUX?
SFP Holdings Co's Scaled Net Operating Assets of 0.37 can be compared against companies in the Restaurants 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 Restaurants company?
A good Scaled Net Operating Assets depends on the Restaurants 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 SFP Holdings Co and its competitors. SFP Holdings Co's current Scaled Net Operating Assets is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SFP Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, SFP Holdings Co (TSE:3198) is currently considered Fairly Valued. The stock's GF Value™ is 円2,437.99, compared to a current price of 円2,225.00 — trading 8.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.37. SFP Holdings Co's overall GF Score™ is 75/100 with 3 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 SFP Holdings Co (TSE:3198), the current Scaled Net Operating Assets is 0.37 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 SFP Holdings Co (TSE:3198) Overvalued in 2026?

Based on GuruFocus' analysis, SFP Holdings Co stock appears to be undervalued. The current stock price of 円2,225.00 is trading 8.7% below its estimated GF Value™ of 円2,437.99. GuruFocus considers SFP Holdings Co to be Fairly Valued.

Key valuation signals for TSE:3198:

  • Scaled Net Operating Assets: 0.37
  • GF Value™: 円2,437.99 vs. price of 円2,225.00 (8.7% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the TSE:3198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SFP Holdings Co Business Description

Address 2-24-7 Tamagawa, 8th Floor, Hagiwara Building 2, Setagaya-ku, Tokyo, JPN, 158-0094
SFP Holdings Co Ltd manages restaurants. The company's brand list consists of Tori Shoten, Iskokaru Fishery, Tsukasa Sushi, Spain Bar CASA DEL GUAPO, and others.
75GF Score

Get the complete analysis for TSE:3198

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

円2,225.00
Price
円2,437.99
GF Value