Nicca Chemical Co (TSE:4463) Scaled Net Operating Assets: 0.70 (As of Dec. 2025)


TSE:4463 Nicca Chemical Co Ltd TSE:4463
66 GF Score
Price 円1,712.00
GF Value 円1,221.58
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nicca Chemical Co Scaled Net Operating Assets?

Nicca Chemical Co TSE:4463 +0.71% 66 Scaled Net Operating Assets is 0.70 as of Dec. 2025. GuruFocus rates TSE:4463 with a GF Score™ of 66/100 and a GF Value™ of 円1,221.58 (Significantly Overvalued). The stock has 3 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.

Nicca Chemical Co's operating assets for the quarter that ended in Dec. 2025 was 円62,204 Mil. Nicca Chemical Co's operating liabilities for the quarter that ended in Dec. 2025 was 円17,163 Mil. Nicca Chemical Co's Total Assets for the quarter that ended in Jun. 2025 was 円64,772 Mil. Therefore, Nicca Chemical Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.70.

Nicca Chemical Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Nicca 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.

Nicca Chemical Co Scaled Net Operating Assets Chart

Nicca Chemical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.62 0.60 0.63 0.72

Nicca Chemical Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.61 0.61 0.60 0.62 0.70

TSE:4463 vs DOW: Scaled Net Operating Assets Comparison

For the Chemicals subindustry, Nicca 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.

Nicca Chemical Co Scaled Net Operating Assets vs Chemicals Industry

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

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


TSE:4463
66GF Score
Nicca Chemical Co Ltd TSE:4463
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nicca 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.

Nicca Chemical Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(62204-17163)/62366
=0.72

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=74052 - 11848
=62204

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=35699 - 7866 - 10670
=17163

Nicca Chemical Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(62204-17163)/64772
=0.70

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=74052 - 11848
=62204

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=35699 - 7866 - 10670
=17163

* 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 0.70 mean?
Nicca Chemical Co (TSE:4463) has a Scaled Net Operating Assets of 0.70 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nicca Chemical Co and its competitors.
Is Nicca Chemical Co's Scaled Net Operating Assets too high?
Nicca Chemical Co's current Scaled Net Operating Assets is 0.70. Overall, Nicca Chemical Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nicca Chemical Co's Scaled Net Operating Assets compare to DOW?
Nicca Chemical Co's Scaled Net Operating Assets of 0.70 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 Nicca Chemical Co and its competitors. Nicca Chemical Co's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nicca Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nicca Chemical Co (TSE:4463) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,221.58, compared to a current price of 円1,712.00 — trading 40.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.70. Nicca Chemical Co's overall GF Score™ is 66/100 with 3 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 Nicca Chemical Co (TSE:4463), the current Scaled Net Operating Assets is 0.70 as of Dec. 2025. 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 Nicca Chemical Co (TSE:4463) Overvalued in 2026?

Based on GuruFocus' analysis, Nicca Chemical Co stock appears to be overvalued. The current stock price of 円1,712.00 is trading 40.1% above its estimated GF Value™ of 円1,221.58. GuruFocus considers Nicca Chemical Co to be Significantly Overvalued.

Key valuation signals for TSE:4463:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: 円1,221.58 vs. price of 円1,712.00 (40.1% above fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the TSE:4463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nicca Chemical Co Business Description

Address 23-1, Bunkyo 4-chome, Fukui, JPN, 910-8670
Nicca Chemical Co Ltd is engaged in the chemical business. It manufactures and sells surfactants for the textile chemicals, metals, pulp and paper, paints, dyes, and synthetic resins, cosmetics, and pharmaceutical products. It also offers a range of surfactants for dry cleaning and professional cleaning agents. The company's segment includes Chemicals and Cosmetics. The company generates the majority of its revenue from Chemicals.
66GF Score

Get the complete analysis for TSE:4463

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

円1,712.00
Price
円1,221.58
GF Value