Focus Systems (TSE:4662) Scaled Net Operating Assets: 0.46 (As of Mar. 2026)


TSE:4662 Focus Systems Corp TSE:4662
83 GF Score
Price 円1,690.00
GF Value 円1,326.98
Valuation Modestly Overvalued
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What is Focus Systems Scaled Net Operating Assets?

Focus Systems TSE:4662 +0.66% 83 Scaled Net Operating Assets is 0.46 as of Mar. 2026. GuruFocus rates TSE:4662 with a GF Score™ of 83/100 and a GF Value™ of 円1,326.98 (Modestly Overvalued).

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

Focus Systems's operating assets for the quarter that ended in Mar. 2026 was 円16,886 Mil. Focus Systems's operating liabilities for the quarter that ended in Mar. 2026 was 円6,400 Mil. Focus Systems's Total Assets for the quarter that ended in Dec. 2025 was 円22,824 Mil. Therefore, Focus Systems's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.46.

Focus Systems Scaled Net Operating Assets Historical Data

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The historical data trend for Focus 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.

Focus Systems Scaled Net Operating Assets Chart

Focus Systems 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 0.72 0.42 0.49 0.45 0.50

Focus Systems Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.45 0.38 0.46 0.41 0.46

TSE:4662 vs IBM, ACN, FISV: Scaled Net Operating Assets Comparison

For the Information Technology Services subindustry, Focus 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.

Focus Systems Scaled Net Operating Assets vs Software Industry

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

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


TSE:4662
83GF Score
Focus Systems Corp TSE:4662
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Focus 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.

Focus Systems'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 )
=(16886.145-6400.389)/20893.035
=0.50

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23821.804 - 6935.659
=16886.145

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8439.726 - 399.888 - 1639.449
=6400.389

Focus Systems'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 )
=(16886.145-6400.389)/22824.213
=0.46

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23821.804 - 6935.659
=16886.145

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8439.726 - 399.888 - 1639.449
=6400.389

* 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 0.46 mean?
Focus Systems (TSE:4662) has a Scaled Net Operating Assets of 0.46 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 Focus Systems and its competitors.
Is Focus Systems' Scaled Net Operating Assets too high?
Focus Systems' current Scaled Net Operating Assets is 0.46. Overall, Focus Systems has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Focus Systems' Scaled Net Operating Assets compare to IBM and ACN?
Focus Systems' Scaled Net Operating Assets of 0.46 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 Focus Systems and its competitors. Focus Systems's current Scaled Net Operating Assets is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Systems stock overvalued right now?
Based on GuruFocus' analysis, Focus Systems (TSE:4662) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,326.98, compared to a current price of 円1,690.00 — trading 27.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.46. Focus Systems' overall GF Score™ is 83/100. 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 Focus Systems (TSE:4662), the current Scaled Net Operating Assets is 0.46 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 Focus Systems (TSE:4662) Overvalued in 2026?

Based on GuruFocus' analysis, Focus Systems stock appears to be overvalued. The current stock price of 円1,690.00 is trading 27.4% above its estimated GF Value™ of 円1,326.98. GuruFocus considers Focus Systems to be Modestly Overvalued.

Key valuation signals for TSE:4662:

  • Scaled Net Operating Assets: 0.46
  • GF Value™: 円1,326.98 vs. price of 円1,690.00 (27.4% above fair value)
  • GF Score™: 83/100

No single metric tells the full story. See the TSE:4662 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Focus Systems Business Description

Address 2-7-8 Higashi Gotanda Shinagawa-ku, Focus Gotanda Building, Tokyo, JPN, 141-0022
Focus Systems Corp is a Japan-based company operating in the Information technology (IT) industry. Its business activities are divided into three divisions including System integration, IT service and Information Security. The company has established an integrated system including information system consulting, development, operation, and maintenance. It also provides security products incorporating security functions in customer systems, survey, and analysis in digital forensics.
83GF Score

Get the complete analysis for TSE:4662

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

円1,690.00
Price
円1,326.98
GF Value