Cinc (TSE:4378) Scaled Net Operating Assets: 0.14 (As of Apr. 2026)


TSE:4378 Cinc Corp TSE:4378
73 GF Score
Price 円537.00
GF Value 円763.36
Valuation Possible Value Trap
! 4 Warning Signs
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What is Cinc Scaled Net Operating Assets?

Cinc TSE:4378 +3.47% 73 Scaled Net Operating Assets is 0.14 as of Apr. 2026. GuruFocus rates TSE:4378 with a GF Score™ of 73/100 and a GF Value™ of 円763.36 (Possible Value Trap). The stock has 4 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.

Cinc's operating assets for the quarter that ended in Apr. 2026 was 円531 Mil. Cinc's operating liabilities for the quarter that ended in Apr. 2026 was 円342 Mil. Cinc's Total Assets for the quarter that ended in Oct. 2025 was 円1,380 Mil. Therefore, Cinc's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.14.


Cinc Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Cinc'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.

Cinc Scaled Net Operating Assets Chart

Cinc Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.08 0.07 0.14 0.10 0.11

Cinc Semi-Annual Data
Oct19 Oct20 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.10 0.11 0.14 0.14

TSE:4378 vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, Cinc'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.


Cinc Scaled Net Operating Assets vs Software Industry

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

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


TSE:4378
73GF Score
Cinc Corp TSE:4378
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cinc 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.

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

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(532.313-324.354)/1910.567
=0.11

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1380.111 - 847.798
=532.313

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=324.354 - 0 - 0
=324.354

Cinc's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Oct. 2025 )
=(530.898-342.146)/1380.111
=0.14

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1445.16 - 914.262
=530.898

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=342.146 - 0 - 0
=342.146

* 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 0.14 mean?
Cinc (TSE:4378) has a Scaled Net Operating Assets of 0.14 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Cinc and its competitors.
Is Cinc's Scaled Net Operating Assets too high?
Cinc's current Scaled Net Operating Assets is 0.14. Overall, Cinc has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cinc's Scaled Net Operating Assets compare to MSFT and ORCL?
Cinc's Scaled Net Operating Assets of 0.14 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 Cinc and its competitors. Cinc's current Scaled Net Operating Assets is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cinc stock overvalued right now?
Based on GuruFocus' analysis, Cinc (TSE:4378) is currently considered Possible Value Trap. The stock's GF Value™ is 円763.36, compared to a current price of 円537.00 — trading 29.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.14. Cinc's overall GF Score™ is 73/100 with 4 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 Cinc (TSE:4378), the current Scaled Net Operating Assets is 0.14 as of Apr. 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 Cinc (TSE:4378) Overvalued in 2026?

Based on GuruFocus' analysis, Cinc stock appears to be undervalued. The current stock price of 円537.00 is trading 29.7% below its estimated GF Value™ of 円763.36. GuruFocus considers Cinc to be Possible Value Trap.

Key valuation signals for TSE:4378:

  • Scaled Net Operating Assets: 0.14
  • GF Value™: 円763.36 vs. price of 円537.00 (29.7% below fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the TSE:4378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cinc Business Description

Address 1-9-13 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Cinc Corp develop and provide SaaS products using natural language processing technology and artificial intelligence, and provide consulting services based on big data.
73GF Score

Get the complete analysis for TSE:4378

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

円537.00
Price
円763.36
GF Value