PKSHA Technology (TSE:3993) Scaled Net Operating Assets: 0.51 (As of Mar. 2026)


TSE:3993 PKSHA Technology Inc TSE:3993
82 GF Score
Price 円2,753.00
GF Value 円6,776.85
Valuation Possible Value Trap
! 3 Warning Signs
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What is PKSHA Technology Scaled Net Operating Assets?

PKSHA Technology TSE:3993 -0.43% 82 Scaled Net Operating Assets is 0.51 as of Mar. 2026. GuruFocus rates TSE:3993 with a GF Score™ of 82/100 and a GF Value™ of 円6,776.85 (Possible Value Trap). The stock has 3 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.

PKSHA Technology's operating assets for the quarter that ended in Mar. 2026 was 円37,970 Mil. PKSHA Technology's operating liabilities for the quarter that ended in Mar. 2026 was 円9,847 Mil. PKSHA Technology's Total Assets for the quarter that ended in Dec. 2025 was 円55,052 Mil. Therefore, PKSHA Technology's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.51.


PKSHA Technology Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PKSHA Technology'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.

PKSHA Technology Scaled Net Operating Assets Chart

PKSHA Technology Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.64 0.59 0.47 0.56 0.63

PKSHA Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.53 0.50 0.57 0.51 0.51

TSE:3993 vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, PKSHA Technology'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.


PKSHA Technology Scaled Net Operating Assets vs Software Industry

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

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


TSE:3993
82GF Score
PKSHA Technology Inc TSE:3993
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PKSHA Technology 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.

PKSHA Technology'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 )
=(34981.111-8788.377)/41785.267
=0.63

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=54368.529 - 19387.418
=34981.111

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19668.76 - 2618.425 - 8261.958
=8788.377

PKSHA Technology'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: Dec. 2025 )
=(37970.256-9846.586)/55052.021
=0.51

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=53829.423 - 15859.167
=37970.256

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17520.072 - 5441.955 - 2231.531
=9846.586

* 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 0.51 mean?
PKSHA Technology (TSE:3993) has a Scaled Net Operating Assets of 0.51 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 PKSHA Technology and its competitors.
Is PKSHA Technology's Scaled Net Operating Assets too high?
PKSHA Technology's current Scaled Net Operating Assets is 0.51. Overall, PKSHA Technology has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PKSHA Technology's Scaled Net Operating Assets compare to MSFT and ORCL?
PKSHA Technology's Scaled Net Operating Assets of 0.51 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 PKSHA Technology and its competitors. PKSHA Technology's current Scaled Net Operating Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PKSHA Technology stock overvalued right now?
Based on GuruFocus' analysis, PKSHA Technology (TSE:3993) is currently considered Possible Value Trap. The stock's GF Value™ is 円6,776.85, compared to a current price of 円2,753.00 — trading 59.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.51. PKSHA Technology's overall GF Score™ is 82/100 with 3 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 PKSHA Technology (TSE:3993), the current Scaled Net Operating Assets is 0.51 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 PKSHA Technology (TSE:3993) Overvalued in 2026?

Based on GuruFocus' analysis, PKSHA Technology stock appears to be undervalued. The current stock price of 円2,753.00 is trading 59.4% below its estimated GF Value™ of 円6,776.85. GuruFocus considers PKSHA Technology to be Possible Value Trap.

Key valuation signals for TSE:3993:

  • Scaled Net Operating Assets: 0.51
  • GF Value™: 円6,776.85 vs. price of 円2,753.00 (59.4% below fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the TSE:3993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PKSHA Technology Business Description

Other Exchanges 762:Germany
Address 2-35-10 Hongo, Bunkyo-kyu, Hongosegawa Building, 4th Floor, Tokyo, JPN, 113-0033
PKSHA Technology Inc develops algorithm solutions mainly related to natural language processing, image recognition, machine learning / deep learning technology. These algorithm modules are integrated and operate on a variety of software and hardware. The group operates in two segments: AI Research & Solution Business and AI SaaS Business.
82GF Score

Get the complete analysis for TSE:3993

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

円2,753.00
Price
円6,776.85
GF Value