Sekisui Kasei Co (TSE:4228) Scaled Net Operating Assets: 0.65 (As of Mar. 2026)

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TSE:4228 Sekisui Kasei Co Ltd TSE:4228
53 GF Score
Price 円512.00
GF Value 円358.97
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Sekisui Kasei Co Scaled Net Operating Assets?

Sekisui Kasei Co TSE:4228 +0.99% 53 Scaled Net Operating Assets is 0.65 as of Mar. 2026. GuruFocus rates TSE:4228 with a GF Score™ of 53/100 and a GF Value™ of 円358.97 (Significantly Overvalued). The stock has 9 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.

Sekisui Kasei Co's operating assets for the quarter that ended in Mar. 2026 was 円112,801 Mil. Sekisui Kasei Co's operating liabilities for the quarter that ended in Mar. 2026 was 円32,647 Mil. Sekisui Kasei Co's Total Assets for the quarter that ended in Sep. 2025 was 円123,945 Mil. Therefore, Sekisui Kasei Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.65.


Sekisui Kasei Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sekisui Kasei 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.

Sekisui Kasei Co Scaled Net Operating Assets Chart

Sekisui Kasei Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.60 0.58 0.54 0.59

Sekisui Kasei 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 0.57 0.58 0.55 0.57 0.65

TSE:4228 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Sekisui Kasei 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.


Sekisui Kasei Co Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sekisui Kasei Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:4228
53GF Score
Sekisui Kasei Co Ltd TSE:4228
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sekisui Kasei 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.

Sekisui Kasei Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(112801-32647)/136238
=0.59

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=122355 - 9554
=112801

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=71411 - 24783 - 13981
=32647

Sekisui Kasei 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 )
=(112801-32647)/123945
=0.65

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=122355 - 9554
=112801

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=71411 - 24783 - 13981
=32647

* 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 0.65 mean?
Sekisui Kasei Co (TSE:4228) has a Scaled Net Operating Assets of 0.65 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 Sekisui Kasei Co and its competitors.
Is Sekisui Kasei Co's Scaled Net Operating Assets too high?
Sekisui Kasei Co's current Scaled Net Operating Assets is 0.65. Overall, Sekisui Kasei Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sekisui Kasei Co's Scaled Net Operating Assets compare to LIN and SHW?
Sekisui Kasei Co's Scaled Net Operating Assets of 0.65 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Sekisui Kasei Co and its competitors. Sekisui Kasei Co's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sekisui Kasei Co stock overvalued right now?
Based on GuruFocus' analysis, Sekisui Kasei Co (TSE:4228) is currently considered Significantly Overvalued. The stock's GF Value™ is 円358.97, compared to a current price of 円512.00 — trading 42.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.65. Sekisui Kasei Co's overall GF Score™ is 53/100 with 9 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 Sekisui Kasei Co (TSE:4228), the current Scaled Net Operating Assets is 0.65 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 Sekisui Kasei Co (TSE:4228) Overvalued in 2026?

Based on GuruFocus' analysis, Sekisui Kasei Co stock appears to be overvalued. The current stock price of 円512.00 is trading 42.6% above its estimated GF Value™ of 円358.97. GuruFocus considers Sekisui Kasei Co to be Significantly Overvalued.

Key valuation signals for TSE:4228:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: 円358.97 vs. price of 円512.00 (42.6% above fair value)
  • GF Score™: 53/100 with 9 warning signs

No single metric tells the full story. See the TSE:4228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sekisui Kasei Co Business Description

Address 2-4-4 Nishitenma, Kita-ku, Osaka, JPN, 530-8565
Sekisui Kasei Co Ltd is a plastic provider solution company. The company is engaged in manufacture and sale of foamed plastic and other plastic products. It operates in two segments, Human Life, and Industry. The products in human life segment include Eslen beads, Eslen sheet, Eslen wood, Interforms, ES molded products such as ES Dan mat, Eslen block used in agricultural and fishery materials, food packaging materials, distribution materials, construction materials, civil engineering materials. The products in Industry segment are Pioceran, Literon, Neomicrolen, Serpet, Techpolymer, Technogel, Techheater, Elastil, Formac, ST-LAYER used in automotive materials, vehicle parts packaging, industrial materials, industrial packaging, electronic component materials, medical and health materials.
53GF Score

Get the complete analysis for TSE:4228

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

円512.00
Price
円358.97
GF Value