Azplanning Co (TSE:3490) Scaled Net Operating Assets: 0.46 (As of Feb. 2026)


TSE:3490 Azplanning Co Ltd TSE:3490
68 GF Score
Price 円2,987.00
GF Value 円2,317.59
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Azplanning Co Scaled Net Operating Assets?

Azplanning Co TSE:3490 -0.10% 68 Scaled Net Operating Assets is 0.46 as of Feb. 2026. GuruFocus rates TSE:3490 with a GF Score™ of 68/100 and a GF Value™ of 円2,317.59 (Modestly Overvalued). The stock has 10 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.

Azplanning Co's operating assets for the quarter that ended in Feb. 2026 was 円9,398 Mil. Azplanning Co's operating liabilities for the quarter that ended in Feb. 2026 was 円918 Mil. Azplanning Co's Total Assets for the quarter that ended in Aug. 2025 was 円18,362 Mil. Therefore, Azplanning Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.46.


Azplanning Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Azplanning 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.

Azplanning Co Scaled Net Operating Assets Chart

Azplanning 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 0.12 1.07 0.58 0.79 0.64

Azplanning Co Semi-Annual Data
Feb16 Feb17 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 0.44 0.81 0.62 0.98 0.46

TSE:3490 vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Azplanning 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.


Azplanning Co Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Azplanning Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:3490
68GF Score
Azplanning Co Ltd TSE:3490
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Azplanning 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.

Azplanning 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 )
=(9398.052-918.306)/13239.919
=0.64

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14514.454 - 5116.402
=9398.052

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10528.212 - 6982.201 - 2627.705
=918.306

Azplanning 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 )
=(9398.052-918.306)/18361.885
=0.46

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14514.454 - 5116.402
=9398.052

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10528.212 - 6982.201 - 2627.705
=918.306

* 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 0.46 mean?
Azplanning Co (TSE:3490) has a Scaled Net Operating Assets of 0.46 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 Azplanning Co and its competitors.
Is Azplanning Co's Scaled Net Operating Assets too high?
Azplanning Co's current Scaled Net Operating Assets is 0.46. Overall, Azplanning Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azplanning Co's Scaled Net Operating Assets compare to CBRE and BEKE?
Azplanning Co's Scaled Net Operating Assets of 0.46 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Azplanning Co and its competitors. Azplanning Co's current Scaled Net Operating Assets is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azplanning Co stock overvalued right now?
Based on GuruFocus' analysis, Azplanning Co (TSE:3490) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,317.59, compared to a current price of 円2,987.00 — trading 28.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.46. Azplanning Co's overall GF Score™ is 68/100 with 10 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 Azplanning Co (TSE:3490), the current Scaled Net Operating Assets is 0.46 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 Azplanning Co (TSE:3490) Overvalued in 2026?

Based on GuruFocus' analysis, Azplanning Co stock appears to be overvalued. The current stock price of 円2,987.00 is trading 28.9% above its estimated GF Value™ of 円2,317.59. GuruFocus considers Azplanning Co to be Modestly Overvalued.

Key valuation signals for TSE:3490:

  • Scaled Net Operating Assets: 0.46
  • GF Value™: 円2,317.59 vs. price of 円2,987.00 (28.9% above fair value)
  • GF Score™: 68/100 with 10 warning signs

No single metric tells the full story. See the TSE:3490 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azplanning Co Business Description

Address 2-12-20 Totsuka, Kawaguchi-shi, Saitama Prefecture, Kawaguchi, JPN, 333-08141
Azplanning Co Ltd is a Japan-based company engages in the selling, leasing, and management of real estate for investment. The Real Estate Sales business includes revenue real estate trading areas and business hotel trading areas. The Real Estate Rental business includes real estate leasing areas, space reclamation areas, business hotel areas. The Real Estate Management business includes real estate management intermediary areas, building renovation areas, and real estate management incidental areas.
68GF Score

Get the complete analysis for TSE:3490

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

円2,987.00
Price
円2,317.59
GF Value