Scala (TSE:4845) Scaled Net Operating Assets: 0.45 (As of Dec. 2025)


TSE:4845 Scala Inc TSE:4845
46 GF Score
Price 円324.00
GF Value 円488.30
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Scala Scaled Net Operating Assets?

Scala TSE:4845 -0.31% 46 Scaled Net Operating Assets is 0.45 as of Dec. 2025. GuruFocus rates TSE:4845 with a GF Score™ of 46/100 and a GF Value™ of 円488.30 (Significantly Undervalued). The stock has 4 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.

Scala's operating assets for the quarter that ended in Dec. 2025 was 円5,620 Mil. Scala's operating liabilities for the quarter that ended in Dec. 2025 was 円970 Mil. Scala's Total Assets for the quarter that ended in Jun. 2025 was 円10,223 Mil. Therefore, Scala's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.45.


Scala Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Scala'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.

Scala Scaled Net Operating Assets Chart

Scala Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.43 0.40 0.22 0.35

Scala Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 0.34 0.32 0.40 0.46 0.49

TSE:4845 vs UBER, SHOP, CRM: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Scala'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.


Scala Scaled Net Operating Assets vs Software Industry

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

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


TSE:4845
46GF Score
Scala Inc TSE:4845
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Scala 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.

Scala's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(5636.156-1182.101)/12699.966
=0.35

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10222.965 - 4586.809
=5636.156

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5387.114 - 1916.979 - 2288.034
=1182.101

Scala'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 )
=(5619.581-969.88)/10222.965
=0.45

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10003.737 - 4384.156
=5619.581

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5280.229 - 1876.065 - 2434.284
=969.88

* 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 0.45 mean?
Scala (TSE:4845) has a Scaled Net Operating Assets of 0.45 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 Scala and its competitors.
Is Scala's Scaled Net Operating Assets too high?
Scala's current Scaled Net Operating Assets is 0.45. Overall, Scala has a GF Score™ of 46/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Scala's Scaled Net Operating Assets compare to UBER and SHOP?
Scala's Scaled Net Operating Assets of 0.45 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 Scala and its competitors. Scala's current Scaled Net Operating Assets is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scala stock overvalued right now?
Based on GuruFocus' analysis, Scala (TSE:4845) is currently considered Significantly Undervalued. The stock's GF Value™ is 円488.30, compared to a current price of 円324.00 — trading 33.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.45. Scala's overall GF Score™ is 46/100 with 4 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 Scala (TSE:4845), the current Scaled Net Operating Assets is 0.45 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 Scala (TSE:4845) Overvalued in 2026?

Based on GuruFocus' analysis, Scala stock appears to be undervalued. The current stock price of 円324.00 is trading 33.6% below its estimated GF Value™ of 円488.30. GuruFocus considers Scala to be Significantly Undervalued.

Key valuation signals for TSE:4845:

  • Scaled Net Operating Assets: 0.45
  • GF Value™: 円488.30 vs. price of 円324.00 (33.6% below fair value)
  • GF Score™: 46/100 with 4 warning signs

No single metric tells the full story. See the TSE:4845 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Scala Business Description

Address MK Building 3rd Floor, 3-3-2 Shibuya, Shibuya-ku, Tokoyo, JPN
Scala Inc is engaged in development, sales, and maintenance of SaaS and ASP related business software products. The company offers web services that supports corporate sites and EC sites using automatic voice response technologies.
46GF Score

Get the complete analysis for TSE:4845

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

円324.00
Price
円488.30
GF Value