SK Kaken Co (TSE:4628) Scaled Net Operating Assets: 0.36 (As of Mar. 2026)


TSE:4628 SK Kaken Co Ltd TSE:4628
75 GF Score
Price 円9,130.00
GF Value 円9,380.31
Valuation Fairly Valued
! 1 Warning Sign
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What is SK Kaken Co Scaled Net Operating Assets?

SK Kaken Co TSE:4628 -0.33% 75 Scaled Net Operating Assets is 0.36 as of Mar. 2026. GuruFocus rates TSE:4628 with a GF Score™ of 75/100 and a GF Value™ of 円9,380.31 (Fairly Valued). The stock has 1 warning sign investors should review.

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

SK Kaken Co's operating assets for the quarter that ended in Mar. 2026 was 円100,020 Mil. SK Kaken Co's operating liabilities for the quarter that ended in Mar. 2026 was 円27,501 Mil. SK Kaken Co's Total Assets for the quarter that ended in Dec. 2025 was 円199,151 Mil. Therefore, SK Kaken Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.36.

SK Kaken Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SK Kaken 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.

SK Kaken Co Scaled Net Operating Assets Chart

SK Kaken 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 0.17 0.28 0.29 0.32 0.38

SK Kaken Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.31 0.32 0.31 0.32 0.36

TSE:4628 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, SK Kaken 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.

SK Kaken Co Scaled Net Operating Assets vs Chemicals Industry

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

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


TSE:4628
75GF Score
SK Kaken Co Ltd TSE:4628
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SK Kaken 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.

SK Kaken 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 )
=(100020-27501)/191106
=0.38

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=205260 - 105240
=100020

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30501 - 0 - 3000
=27501

SK Kaken 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: Dec. 2025 )
=(100020-27501)/199151
=0.36

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=205260 - 105240
=100020

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30501 - 0 - 3000
=27501

* 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 0.36 mean?
SK Kaken Co (TSE:4628) has a Scaled Net Operating Assets of 0.36 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 SK Kaken Co and its competitors.
Is SK Kaken Co's Scaled Net Operating Assets too high?
SK Kaken Co's current Scaled Net Operating Assets is 0.36. Overall, SK Kaken Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SK Kaken Co's Scaled Net Operating Assets compare to LIN and SHW?
SK Kaken Co's Scaled Net Operating Assets of 0.36 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 SK Kaken Co and its competitors. SK Kaken Co's current Scaled Net Operating Assets is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SK Kaken Co stock overvalued right now?
Based on GuruFocus' analysis, SK Kaken Co (TSE:4628) is currently considered Fairly Valued. The stock's GF Value™ is 円9,380.31, compared to a current price of 円9,130.00 — trading 2.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.36. SK Kaken Co's overall GF Score™ is 75/100 with 1 warning sign 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 SK Kaken Co (TSE:4628), the current Scaled Net Operating Assets is 0.36 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 SK Kaken Co (TSE:4628) Overvalued in 2026?

Based on GuruFocus' analysis, SK Kaken Co stock appears to be undervalued. The current stock price of 円9,130.00 is trading 2.7% below its estimated GF Value™ of 円9,380.31. GuruFocus considers SK Kaken Co to be Fairly Valued.

Key valuation signals for TSE:4628:

  • Scaled Net Operating Assets: 0.36
  • GF Value™: 円9,380.31 vs. price of 円9,130.00 (2.7% below fair value)
  • GF Score™: 75/100 with 1 warning sign

No single metric tells the full story. See the TSE:4628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SK Kaken Co Business Description

Address 3-5-25, Nakahozumi, Ibaraki, Osaka, JPN, 567 0034
SK Kaken Co Ltd is a building coating manufacturer based in Japan. Its main businesses are, Decorative Coatings business which is involved in the manufacturing and sales of organic/inorganic water-based painting material, synthetic resin coating, inorganic painting material, inorganic construction materials and special finisher things; Fireproof Insulated business is engaged in the manufacturing and sales of fireproof paints and contract of fireproof, insulated construction; and Other business engages in manufacturing and sales of various transformation goods and cleaning agents.
75GF Score

Get the complete analysis for TSE:4628

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

円9,130.00
Price
円9,380.31
GF Value