Koei Chemical Co (TSE:4367) Scaled Net Operating Assets: 0.63 (As of Mar. 2026)


TSE:4367 Koei Chemical Co Ltd TSE:4367
57 GF Score
Price 円2,487.00
GF Value 円2,031.15
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Koei Chemical Co Scaled Net Operating Assets?

Koei Chemical Co TSE:4367 -0.52% 57 Scaled Net Operating Assets is 0.63 as of Mar. 2026. GuruFocus rates TSE:4367 with a GF Score™ of 57/100 and a GF Value™ of 円2,031.15 (Modestly Overvalued). The stock has 7 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.

Koei Chemical Co's operating assets for the quarter that ended in Mar. 2026 was 円29,436 Mil. Koei Chemical Co's operating liabilities for the quarter that ended in Mar. 2026 was 円6,801 Mil. Koei Chemical Co's Total Assets for the quarter that ended in Sep. 2025 was 円35,686 Mil. Therefore, Koei Chemical Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.63.


Koei Chemical Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Koei Chemical 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.

Koei Chemical Co Scaled Net Operating Assets Chart

Koei Chemical 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 0.84 0.93 0.81 0.73 0.64

Koei Chemical 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 0.79 0.72 0.76 0.78 0.63

TSE:4367 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Koei Chemical 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.


Koei Chemical Co Scaled Net Operating Assets vs Chemicals Industry

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

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


TSE:4367
57GF Score
Koei Chemical Co Ltd TSE:4367
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Koei Chemical 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.

Koei Chemical 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 )
=(29436-6801)/35218.622
=0.64

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29869 - 433
=29436

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13779 - 2833 - 4145
=6801

Koei Chemical 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 )
=(29436-6801)/35686.081
=0.63

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29869 - 433
=29436

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13779 - 2833 - 4145
=6801

* 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 0.63 mean?
Koei Chemical Co (TSE:4367) has a Scaled Net Operating Assets of 0.63 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 Koei Chemical Co and its competitors.
Is Koei Chemical Co's Scaled Net Operating Assets too high?
Koei Chemical Co's current Scaled Net Operating Assets is 0.63. Overall, Koei Chemical Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koei Chemical Co's Scaled Net Operating Assets compare to LIN and SHW?
Koei Chemical Co's Scaled Net Operating Assets of 0.63 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 Koei Chemical Co and its competitors. Koei Chemical Co's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koei Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Koei Chemical Co (TSE:4367) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,031.15, compared to a current price of 円2,487.00 — trading 22.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.63. Koei Chemical Co's overall GF Score™ is 57/100 with 7 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 Koei Chemical Co (TSE:4367), the current Scaled Net Operating Assets is 0.63 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 Koei Chemical Co (TSE:4367) Overvalued in 2026?

Based on GuruFocus' analysis, Koei Chemical Co stock appears to be overvalued. The current stock price of 円2,487.00 is trading 22.4% above its estimated GF Value™ of 円2,031.15. GuruFocus considers Koei Chemical Co to be Modestly Overvalued.

Key valuation signals for TSE:4367:

  • Scaled Net Operating Assets: 0.63
  • GF Value™: 円2,031.15 vs. price of 円2,487.00 (22.4% above fair value)
  • GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the TSE:4367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koei Chemical Co Business Description

Address 25 Kitasode, Chiba Prefecture, Sodegaura, JPN, 299-0266
Koei Chemical Co Ltd is a chemical company. It manufactures and sells all kinds of chemical products such as Ionic liquids, polyhydric alcohols, Polyols used in alkyd resin paints used in architecture and automobiles, as well as in air conditioner lubricants and UV inks, Formalin Products used in Adhesives, Synthetic resins, Paints, pyridines, pyrazines, and amines. The company generates sales from locations such as Japan, Asia, Europe, North America.
57GF Score

Get the complete analysis for TSE:4367

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

円2,487.00
Price
円2,031.15
GF Value