GMO Globalsign Holdings KK (TSE:3788) Scaled Net Operating Assets: 0.23 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3788 GMO Globalsign Holdings KK TSE:3788
76 GF Score
Price 円2,208.00
GF Value 円3,396.70
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is GMO Globalsign Holdings KK Scaled Net Operating Assets?

GMO Globalsign Holdings KK TSE:3788 +1.05% 76 Scaled Net Operating Assets is 0.23 as of Dec. 2025. GuruFocus rates TSE:3788 with a GF Score™ of 76/100 and a GF Value™ of 円3,396.70 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

GMO Globalsign Holdings KK's operating assets for the quarter that ended in Dec. 2025 was 円10,027 Mil. GMO Globalsign Holdings KK's operating liabilities for the quarter that ended in Dec. 2025 was 円5,917 Mil. GMO Globalsign Holdings KK's Total Assets for the quarter that ended in Sep. 2025 was 円18,199 Mil. Therefore, GMO Globalsign Holdings KK's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.23.


GMO Globalsign Holdings KK Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for GMO Globalsign Holdings KK'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.

GMO Globalsign Holdings KK Scaled Net Operating Assets Chart

GMO Globalsign Holdings KK Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.28 0.28 0.26 0.23

GMO Globalsign Holdings KK Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.22 0.22 0.23 0.23 0.20

TSE:3788 vs IBM, ACN, FISV: Scaled Net Operating Assets Comparison

For the Information Technology Services subindustry, GMO Globalsign Holdings KK'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.


GMO Globalsign Holdings KK Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, GMO Globalsign Holdings KK's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where GMO Globalsign Holdings KK's Scaled Net Operating Assets falls into.


TSE:3788
76GF Score
GMO Globalsign Holdings KK TSE:3788
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GMO Globalsign Holdings KK 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.

GMO Globalsign Holdings KK's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(10026.512-5917.22)/18027.023
=0.23

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18963.165 - 8936.653
=10026.512

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8612.687 - 1689.053 - 1006.414
=5917.22

GMO Globalsign Holdings KK's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(10026.512-5917.22)/18199.29
=0.23

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18963.165 - 8936.653
=10026.512

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8612.687 - 1689.053 - 1006.414
=5917.22

* 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 0.23 mean?
GMO Globalsign Holdings KK (TSE:3788) has a Scaled Net Operating Assets of 0.23 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on GMO Globalsign Holdings KK and its competitors.
Is GMO Globalsign Holdings KK's Scaled Net Operating Assets too high?
GMO Globalsign Holdings KK's current Scaled Net Operating Assets is 0.23. Overall, GMO Globalsign Holdings KK has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GMO Globalsign Holdings KK's Scaled Net Operating Assets compare to IBM and ACN?
GMO Globalsign Holdings KK's Scaled Net Operating Assets of 0.23 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 GMO Globalsign Holdings KK and its competitors. GMO Globalsign Holdings KK's current Scaled Net Operating Assets is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMO Globalsign Holdings KK stock overvalued right now?
Based on GuruFocus' analysis, GMO Globalsign Holdings KK (TSE:3788) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,396.70, compared to a current price of 円2,208.00 — trading 35% below its estimated fair value. The current Scaled Net Operating Assets is 0.23. GMO Globalsign Holdings KK's overall GF Score™ is 76/100 with 1 warning sign 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 GMO Globalsign Holdings KK (TSE:3788), the current Scaled Net Operating Assets is 0.23 as of Dec. 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 GMO Globalsign Holdings KK (TSE:3788) Overvalued in 2026?

Based on GuruFocus' analysis, GMO Globalsign Holdings KK stock appears to be undervalued. The current stock price of 円2,208.00 is trading 35% below its estimated GF Value™ of 円3,396.70. GuruFocus considers GMO Globalsign Holdings KK to be Significantly Undervalued.

Key valuation signals for TSE:3788:

  • Scaled Net Operating Assets: 0.23
  • GF Value™: 円3,396.70 vs. price of 円2,208.00 (35% below fair value)
  • GF Score™: 76/100 with 1 warning sign

No single metric tells the full story. See the TSE:3788 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GMO Globalsign Holdings KK Business Description

Address 26-1, Sakuragaoka-cho, 10th Floor Cerulean Tower, Shibuya-ku, Tokyo, JPN, 150-8512
GMO Globalsign Holdings KK is engaged in the development and operation of various internet solutions centred on cloud and hosting services and security services. It is organized into four business areas - IoT business, Cloud/Hosting business, Security/ID Management business, and Solutions business. The company offers a wide range of hosting services from rental server to cloud, direct sales and sales through distributors. In the ID management business, the company provides a cloud type ID service that realizes user ID management, access control, and single sign-on.
76GF Score

Get the complete analysis for TSE:3788

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

円2,208.00
Price
円3,396.70
GF Value