User Local (TSE:3984) Scaled Net Operating Assets: 0.00 (As of Dec. 2025)


TSE:3984 User Local Inc TSE:3984
97 GF Score
Price 円1,784.00
GF Value 円2,112.09
Valuation Modestly Undervalued
! 1 Warning Sign
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What is User Local Scaled Net Operating Assets?

User Local TSE:3984 +0.90% 97 Scaled Net Operating Assets is 0.00 as of Dec. 2025. GuruFocus rates TSE:3984 with a GF Score™ of 97/100 and a GF Value™ of 円2,112.09 (Modestly 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.

User Local's operating assets for the quarter that ended in Dec. 2025 was 円1,339 Mil. User Local's operating liabilities for the quarter that ended in Dec. 2025 was 円1,290 Mil. User Local's Total Assets for the quarter that ended in Sep. 2025 was 円9,883 Mil. Therefore, User Local's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.00.


User Local Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for User Local'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.

User Local Scaled Net Operating Assets Chart

User Local Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.04 -0.00 0.01 0.02

User Local 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 0.04 0.02 0.02 0.01 0.01

TSE:3984 vs IBM, ACN, FISV: Scaled Net Operating Assets Comparison

For the Information Technology Services subindustry, User Local'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.


User Local Scaled Net Operating Assets vs Software Industry

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

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


TSE:3984
97GF Score
User Local Inc TSE:3984
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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User Local 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.

User Local's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(1425.536-1272.107)/8835.192
=0.02

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9971.332 - 8545.796
=1425.536

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1272.107 - 0 - 0
=1272.107

User Local'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 )
=(1338.987-1289.782)/9882.834
=0.00

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10665.434 - 9326.447
=1338.987

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1289.782 - 0 - 0
=1289.782

* 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 0.00 mean?
User Local (TSE:3984) has a Scaled Net Operating Assets of 0.00 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 User Local and its competitors.
Is User Local's Scaled Net Operating Assets too high?
User Local's current Scaled Net Operating Assets is 0.00. Overall, User Local has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does User Local's Scaled Net Operating Assets compare to IBM and ACN?
User Local's Scaled Net Operating Assets of 0.00 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 User Local and its competitors. User Local's current Scaled Net Operating Assets is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is User Local stock overvalued right now?
Based on GuruFocus' analysis, User Local (TSE:3984) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,112.09, compared to a current price of 円1,784.00 — trading 15.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.00. User Local's overall GF Score™ is 97/100 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 User Local (TSE:3984), the current Scaled Net Operating Assets is 0.00 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 User Local (TSE:3984) Overvalued in 2026?

Based on GuruFocus' analysis, User Local stock appears to be undervalued. The current stock price of 円1,784.00 is trading 15.5% below its estimated GF Value™ of 円2,112.09. GuruFocus considers User Local to be Modestly Undervalued.

Key valuation signals for TSE:3984:

  • Scaled Net Operating Assets: 0.00
  • GF Value™: 円2,112.09 vs. price of 円1,784.00 (15.5% below fair value)
  • GF Score™: 97/100 with 1 warning sign

No single metric tells the full story. See the TSE:3984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


User Local Business Description

Address 5-20-6 Shiba, Minato-ku, Tokyo, JPN, 108-0014
User Local Inc is engaged in the research and development of big data analysis system, web marketing support tool, offering media analysis tool, and managing artificial intelligence chat bot.
97GF Score

Get the complete analysis for TSE:3984

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

円1,784.00
Price
円2,112.09
GF Value