Fund Creation Group Co (TSE:3266) Scaled Net Operating Assets: 0.61 (As of Nov. 2025)


TSE:3266 Fund Creation Group Co Ltd TSE:3266
70 GF Score
Price 円83.00
GF Value 円129.25
Valuation Possible Value Trap
! 4 Warning Signs
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What is Fund Creation Group Co Scaled Net Operating Assets?

Fund Creation Group Co TSE:3266 +1.22% 70 Scaled Net Operating Assets is 0.61 as of Nov. 2025. GuruFocus rates TSE:3266 with a GF Score™ of 70/100 and a GF Value™ of 円129.25 (Possible Value Trap). 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.

Fund Creation Group Co's operating assets for the quarter that ended in Nov. 2025 was 円5,144 Mil. Fund Creation Group Co's operating liabilities for the quarter that ended in Nov. 2025 was 円629 Mil. Fund Creation Group Co's Total Assets for the quarter that ended in Aug. 2025 was 円7,428 Mil. Therefore, Fund Creation Group Co's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.61.


Fund Creation Group Co Scaled Net Operating Assets Historical Data

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The historical data trend for Fund Creation Group 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.

Fund Creation Group Co Scaled Net Operating Assets Chart

Fund Creation Group Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.93 0.66 0.50 0.78

Fund Creation Group Co Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 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 0.50 0.88 0.69 0.61 0.55

TSE:3266 vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Fund Creation Group 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.


Fund Creation Group Co Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fund Creation Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Fund Creation Group Co's Scaled Net Operating Assets falls into.


TSE:3266
70GF Score
Fund Creation Group Co Ltd TSE:3266
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fund Creation Group 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.

Fund Creation Group Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2025 )
=(Operating Assets (A: Nov. 2025 )-Operating Liabilities (A: Nov. 2025 ))/Total Assets (A: Nov. 2024 )
=(5144-629)/5806
=0.78

where

Operating Assets(A: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7315 - 2171
=5144

Operating Liabilities(A: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4006 - 1977 - 1400
=629

Fund Creation Group Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2025 )
=(Operating Assets (Q: Nov. 2025 )-Operating Liabilities (Q: Nov. 2025 ))/Total Assets (Q: Aug. 2025 )
=(5144-629)/7428
=0.61

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7315 - 2171
=5144

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4006 - 1977 - 1400
=629

* 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 0.61 mean?
Fund Creation Group Co (TSE:3266) has a Scaled Net Operating Assets of 0.61 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Fund Creation Group Co and its competitors.
Is Fund Creation Group Co's Scaled Net Operating Assets too high?
Fund Creation Group Co's current Scaled Net Operating Assets is 0.61. Overall, Fund Creation Group Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fund Creation Group Co's Scaled Net Operating Assets compare to BLK and BX?
Fund Creation Group Co's Scaled Net Operating Assets of 0.61 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Fund Creation Group Co and its competitors. Fund Creation Group Co's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fund Creation Group Co stock overvalued right now?
Based on GuruFocus' analysis, Fund Creation Group Co (TSE:3266) is currently considered Possible Value Trap. The stock's GF Value™ is 円129.25, compared to a current price of 円83.00 — trading 35.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.61. Fund Creation Group Co's overall GF Score™ is 70/100 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 Fund Creation Group Co (TSE:3266), the current Scaled Net Operating Assets is 0.61 as of Nov. 2025. 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 Fund Creation Group Co (TSE:3266) Overvalued in 2026?

Based on GuruFocus' analysis, Fund Creation Group Co stock appears to be undervalued. The current stock price of 円83.00 is trading 35.8% below its estimated GF Value™ of 円129.25. GuruFocus considers Fund Creation Group Co to be Possible Value Trap.

Key valuation signals for TSE:3266:

  • Scaled Net Operating Assets: 0.61
  • GF Value™: 円129.25 vs. price of 円83.00 (35.8% below fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the TSE:3266 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fund Creation Group Co Business Description

Address 1-4 Kojimachi, Hanzomon First Building 5th Floor, Chiyoda-ku, Tokyo, JPN, 102-0083
Fund Creation Group Co Ltd operates a variety of businesses, with asset management business and investment bank business as its core businesses. It aims for the organic development of each business by making full use of its high expertise.
70GF Score

Get the complete analysis for TSE:3266

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

円83.00
Price
円129.25
GF Value