System Integrator (TSE:3826) Scaled Net Operating Assets: 0.23 (As of Feb. 2026)

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TSE:3826 System Integrator Corp TSE:3826
76 GF Score
Price 円451.00
GF Value 円485.36
Valuation Fairly Valued
! 2 Warning Signs
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What is System Integrator Scaled Net Operating Assets?

System Integrator TSE:3826 -0.22% 76 Scaled Net Operating Assets is 0.23 as of Feb. 2026. GuruFocus rates TSE:3826 with a GF Score™ of 76/100 and a GF Value™ of 円485.36 (Fairly Valued). The stock has 2 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.

System Integrator's operating assets for the quarter that ended in Feb. 2026 was 円2,456 Mil. System Integrator's operating liabilities for the quarter that ended in Feb. 2026 was 円1,204 Mil. System Integrator's Total Assets for the quarter that ended in Aug. 2025 was 円5,532 Mil. Therefore, System Integrator's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.23.


System Integrator Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for System Integrator'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.

System Integrator Scaled Net Operating Assets Chart

System Integrator 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 0.31 0.25 0.18 0.24 0.25

System Integrator 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 0.17 0.20 0.25 0.20 0.23

TSE:3826 vs UBER, SHOP, CRM: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, System Integrator'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.


System Integrator Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, System Integrator's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:3826
76GF Score
System Integrator Corp TSE:3826
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

System Integrator 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.

System Integrator'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 )
=(2455.815-1203.501)/4981.991
=0.25

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5681.503 - 3225.688
=2455.815

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1216.501 - 9.88 - 3.12
=1203.501

System Integrator'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 )
=(2455.815-1203.501)/5531.862
=0.23

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5681.503 - 3225.688
=2455.815

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1216.501 - 9.88 - 3.12
=1203.501

* 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?
System Integrator (TSE:3826) has a Scaled Net Operating Assets of 0.23 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 System Integrator and its competitors.
Is System Integrator's Scaled Net Operating Assets too high?
System Integrator's current Scaled Net Operating Assets is 0.23. Overall, System Integrator has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does System Integrator's Scaled Net Operating Assets compare to UBER and SHOP?
System Integrator'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 System Integrator and its competitors. System Integrator'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 System Integrator stock overvalued right now?
Based on GuruFocus' analysis, System Integrator (TSE:3826) is currently considered Fairly Valued. The stock's GF Value™ is 円485.36, compared to a current price of 円451.00 — trading 7.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.23. System Integrator's overall GF Score™ is 76/100 with 2 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 System Integrator (TSE:3826), the current Scaled Net Operating Assets is 0.23 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 System Integrator (TSE:3826) Overvalued in 2026?

Based on GuruFocus' analysis, System Integrator stock appears to be undervalued. The current stock price of 円451.00 is trading 7.1% below its estimated GF Value™ of 円485.36. GuruFocus considers System Integrator to be Fairly Valued.

Key valuation signals for TSE:3826:

  • Scaled Net Operating Assets: 0.23
  • GF Value™: 円485.36 vs. price of 円451.00 (7.1% below fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the TSE:3826 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


System Integrator Business Description

Address 11-2 Shintoshin, Chuo-ku, 32nd Floor, Land Axis Tower, Meiji Yasuda Life Saitama Shintoshin Building, Saitama City, JPN, 330-6032
System Integrator Corp is engaged in the development of package software and cloud service in Japan. It focuses on develop packages, customize development, cloud services, consulting and other products. It sells a wide variety of in-house products such as ERP, EC, Omni Channel, project management, database development, and design support tool, application design tool, and e-learning.
76GF Score

Get the complete analysis for TSE:3826

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

円451.00
Price
円485.36
GF Value