True Data (TSE:4416) Scaled Net Operating Assets: 0.14 (As of Mar. 2026)

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TSE:4416 True Data Inc TSE:4416
64 GF Score
Price 円419.00
GF Value 円678.54
Valuation Significantly Undervalued
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What is True Data Scaled Net Operating Assets?

True Data TSE:4416 +3.20% 64 Scaled Net Operating Assets is 0.14 as of Mar. 2026. GuruFocus rates TSE:4416 with a GF Score™ of 64/100 and a GF Value™ of 円678.54 (Significantly Undervalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

True Data's operating assets for the quarter that ended in Mar. 2026 was 円563 Mil. True Data's operating liabilities for the quarter that ended in Mar. 2026 was 円370 Mil. True Data's Total Assets for the quarter that ended in Dec. 2025 was 円1,405 Mil. Therefore, True Data's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.14.


True Data Scaled Net Operating Assets Historical Data

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The historical data trend for True Data'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.

True Data Scaled Net Operating Assets Chart

True Data Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.19 0.12 0.11 0.17 0.14

True Data Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.10 0.15 0.14 0.14 0.21

TSE:4416 vs QH, SHOP, UBER: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, True Data'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.


True Data Scaled Net Operating Assets vs Software Industry

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

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


TSE:4416
64GF Score
True Data Inc TSE:4416
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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True Data 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.

True Data'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 )
=(563-370.161)/1362.64
=0.14

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1534.079 - 971.079
=563

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=370.161 - 0 - 0
=370.161

True Data'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 )
=(563-370.161)/1405.13
=0.14

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1534.079 - 971.079
=563

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=370.161 - 0 - 0
=370.161

* 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?
True Data (TSE:4416) has a Scaled Net Operating Assets of 0.14 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 True Data and its competitors.
Is True Data's Scaled Net Operating Assets too high?
True Data's current Scaled Net Operating Assets is 0.14. Overall, True Data has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does True Data's Scaled Net Operating Assets compare to QH and SHOP?
True Data'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 True Data and its competitors. True Data'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 True Data stock overvalued right now?
Based on GuruFocus' analysis, True Data (TSE:4416) is currently considered Significantly Undervalued. The stock's GF Value™ is 円678.54, compared to a current price of 円419.00 — trading 38.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.14. True Data's overall GF Score™ is 64/100. 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 True Data (TSE:4416), the current Scaled Net Operating Assets is 0.14 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 True Data (TSE:4416) Overvalued in 2026?

Based on GuruFocus' analysis, True Data stock appears to be undervalued. The current stock price of 円419.00 is trading 38.2% below its estimated GF Value™ of 円678.54. GuruFocus considers True Data to be Significantly Undervalued.

Key valuation signals for TSE:4416:

  • Scaled Net Operating Assets: 0.14
  • GF Value™: 円678.54 vs. price of 円419.00 (38.2% below fair value)
  • GF Score™: 64/100

No single metric tells the full story. See the TSE:4416 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


True Data Business Description

Address 1-10-11 Shibadaimon, 4th Floor, Daimon Center Building, Minato-ku, Tokyo, JPN, 105?0012
True Data Inc operates a big data platform based on the data generated daily from consumer purchasing behavior. The company deals with POS data with customer IDs from drug stores, supermarkets, and other retailers, and provides analysis and disclosure support tools using such data, as well as other services related to data marketing. Its services are divided into solutions for manufacturers, retailers, and all industries. In the solutions for manufacturers, it provides services such as Eagle Eye, Dolphin Eye, and POS Analysis Cloud. In the solutions for retailers, it offers services such as Shopping Scan, and for all industries, it provides data and analysis reports related to consumer purchases, data utilization support services such as AI, and other related services.
64GF Score

Get the complete analysis for TSE:4416

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

円419.00
Price
円678.54
GF Value