Intertrade Co (TSE:3747) Scaled Net Operating Assets: 0.48 (As of Mar. 2026)


TSE:3747 Intertrade Co Ltd TSE:3747
55 GF Score
Price 円406.00
GF Value 円382.14
Valuation Fairly Valued
! 5 Warning Signs
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What is Intertrade Co Scaled Net Operating Assets?

Intertrade Co TSE:3747 -2.40% 55 Scaled Net Operating Assets is 0.48 as of Mar. 2026. GuruFocus rates TSE:3747 with a GF Score™ of 55/100 and a GF Value™ of 円382.14 (Fairly Valued). The stock has 5 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.

Intertrade Co's operating assets for the quarter that ended in Mar. 2026 was 円875 Mil. Intertrade Co's operating liabilities for the quarter that ended in Mar. 2026 was 円157 Mil. Intertrade Co's Total Assets for the quarter that ended in Sep. 2025 was 円1,482 Mil. Therefore, Intertrade Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.48.


Intertrade Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Intertrade 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.

Intertrade Co Scaled Net Operating Assets Chart

Intertrade Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.39 0.33 0.28 0.36

Intertrade Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.27 0.29 0.38 0.37 0.49

TSE:3747 vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, Intertrade 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.


Intertrade Co Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Intertrade Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:3747
55GF Score
Intertrade Co Ltd TSE:3747
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Intertrade 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.

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

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(770.249-174.491)/1645.97
=0.36

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1481.796 - 711.547
=770.249

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=405.678 - 88.117 - 143.07
=174.491

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

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(875.295-157.111)/1481.796
=0.48

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1566.701 - 691.406
=875.295

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=366.575 - 66.747 - 142.717
=157.111

* 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 0.48 mean?
Intertrade Co (TSE:3747) has a Scaled Net Operating Assets of 0.48 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Intertrade Co and its competitors.
Is Intertrade Co's Scaled Net Operating Assets too high?
Intertrade Co's current Scaled Net Operating Assets is 0.48. Overall, Intertrade Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Intertrade Co's Scaled Net Operating Assets compare to MS and GS?
Intertrade Co's Scaled Net Operating Assets of 0.48 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Intertrade Co and its competitors. Intertrade Co's current Scaled Net Operating Assets is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intertrade Co stock overvalued right now?
Based on GuruFocus' analysis, Intertrade Co (TSE:3747) is currently considered Fairly Valued. The stock's GF Value™ is 円382.14, compared to a current price of 円406.00 — trading 6.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.48. Intertrade Co's overall GF Score™ is 55/100 with 5 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 Intertrade Co (TSE:3747), the current Scaled Net Operating Assets is 0.48 as of Mar. 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 Intertrade Co (TSE:3747) Overvalued in 2026?

Based on GuruFocus' analysis, Intertrade Co stock appears to be overvalued. The current stock price of 円406.00 is trading 6.2% above its estimated GF Value™ of 円382.14. GuruFocus considers Intertrade Co to be Fairly Valued.

Key valuation signals for TSE:3747:

  • Scaled Net Operating Assets: 0.48
  • GF Value™: 円382.14 vs. price of 円406.00 (6.2% above fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the TSE:3747 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Intertrade Co Business Description

Address 1-17-21 Shinkawa, Tokyo Kayabacho First Building 3rd floor, Chuo-ku, Tokyo, JPN, 104-0033
Intertrade Co Ltd offers securities dealing, foreign exchange margin trading, and exchange trading systems; and integrated management control platform, virtual engineering, and system integration/system engineering services. It is also engaged in the health food and cosmetic products business.
55GF Score

Get the complete analysis for TSE:3747

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

円406.00
Price
円382.14
GF Value