Tobila Systems (TSE:4441) Scaled Net Operating Assets: -0.26 (As of Apr. 2026)


TSE:4441 Tobila Systems Inc TSE:4441
91 GF Score
Price 円1,420.00
GF Value 円1,283.81
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Tobila Systems Scaled Net Operating Assets?

Tobila Systems TSE:4441 -1.39% 91 Scaled Net Operating Assets is -0.26 as of Apr. 2026. GuruFocus rates TSE:4441 with a GF Score™ of 91/100 and a GF Value™ of 円1,283.81 (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.

Tobila Systems's operating assets for the quarter that ended in Apr. 2026 was 円1,945 Mil. Tobila Systems's operating liabilities for the quarter that ended in Apr. 2026 was 円3,331 Mil. Tobila Systems's Total Assets for the quarter that ended in Oct. 2025 was 円5,381 Mil. Therefore, Tobila Systems's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was -0.26.


Tobila Systems Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Tobila Systems'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.

Tobila Systems Scaled Net Operating Assets Chart

Tobila Systems Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.43 0.26 -0.01 -0.16 -0.28

Tobila Systems Semi-Annual Data
Oct17 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.07 -0.15 -0.14 -0.26 -0.26

TSE:4441 vs CSCO, CIEN, MSI: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, Tobila Systems'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.


Tobila Systems Scaled Net Operating Assets vs Hardware Industry

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

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


TSE:4441
91GF Score
Tobila Systems Inc TSE:4441
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tobila Systems 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.

Tobila Systems'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 )
=(1442.324-2640.376)/4355.634
=-0.28

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5381.299 - 3938.975
=1442.324

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2786.046 - 95.63 - 50.04
=2640.376

Tobila Systems'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 )
=(1944.726-3331.231)/5381.299
=-0.26

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6293.859 - 4349.133
=1944.726

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3401.841 - 70.61 - 0
=3331.231

* 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 -0.26 mean?
Tobila Systems (TSE:4441) has a Scaled Net Operating Assets of -0.26 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 Tobila Systems and its competitors.
Is Tobila Systems' Scaled Net Operating Assets too high?
Tobila Systems' current Scaled Net Operating Assets is -0.26. Overall, Tobila Systems has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tobila Systems' Scaled Net Operating Assets compare to CSCO and CIEN?
Tobila Systems' Scaled Net Operating Assets of -0.26 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Tobila Systems and its competitors. Tobila Systems's current Scaled Net Operating Assets is -0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tobila Systems stock overvalued right now?
Based on GuruFocus' analysis, Tobila Systems (TSE:4441) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,283.81, compared to a current price of 円1,420.00 — trading 10.6% above its estimated fair value. The current Scaled Net Operating Assets is -0.26. Tobila Systems' overall GF Score™ is 91/100 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 Tobila Systems (TSE:4441), the current Scaled Net Operating Assets is -0.26 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 Tobila Systems (TSE:4441) Overvalued in 2026?

Based on GuruFocus' analysis, Tobila Systems stock appears to be overvalued. The current stock price of 円1,420.00 is trading 10.6% above its estimated GF Value™ of 円1,283.81. GuruFocus considers Tobila Systems to be Modestly Overvalued.

Key valuation signals for TSE:4441:

  • Scaled Net Operating Assets: -0.26
  • GF Value™: 円1,283.81 vs. price of 円1,420.00 (10.6% above fair value)
  • GF Score™: 91/100 with 7 warning signs

No single metric tells the full story. See the TSE:4441 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tobila Systems Business Description

Address 2-5-12 Nishiki, Naka-ku, Aichi Prefecture, Nagoya, JPN, 460-0003
Tobila Systems Inc develops telecommunication-related systems. It develops and provides nuisance information filter systems for mobile, Fixed-line Telephone, and other businesses. Geographically, the activities are carried out in Japan. The Company operates a single segment, the nuisance information filtering business.
91GF Score

Get the complete analysis for TSE:4441

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

円1,420.00
Price
円1,283.81
GF Value