Intelligent Wave (TSE:4847) Scaled Net Operating Assets: 0.28 (As of Dec. 2025)


TSE:4847 Intelligent Wave Inc TSE:4847
83 GF Score
Price 円952.00
GF Value 円1,188.03
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Intelligent Wave Scaled Net Operating Assets?

Intelligent Wave TSE:4847 +0.32% 83 Scaled Net Operating Assets is 0.28 as of Dec. 2025. GuruFocus rates TSE:4847 with a GF Score™ of 83/100 and a GF Value™ of 円1,188.03 (Modestly Undervalued). The stock has 2 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.

Intelligent Wave's operating assets for the quarter that ended in Dec. 2025 was 円12,596 Mil. Intelligent Wave's operating liabilities for the quarter that ended in Dec. 2025 was 円7,720 Mil. Intelligent Wave's Total Assets for the quarter that ended in Sep. 2025 was 円17,278 Mil. Therefore, Intelligent Wave's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.28.

Intelligent Wave Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Intelligent Wave'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.

Intelligent Wave Scaled Net Operating Assets Chart

Intelligent Wave 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 0.31 0.34 0.32 0.32 0.18

Intelligent Wave 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 0.25 0.17 0.21 0.28 0.29

TSE:4847 vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, Intelligent Wave'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.

Intelligent Wave Scaled Net Operating Assets vs Software Industry

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

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


TSE:4847
83GF Score
Intelligent Wave Inc TSE:4847
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Intelligent Wave 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.

Intelligent Wave'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 )
=(12259.302-9206.394)/16847.503
=0.18

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18690.605 - 6431.303
=12259.302

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9215.223 - 6.232 - 2.597
=9206.394

Intelligent Wave'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: Sep. 2025 )
=(12595.594-7720.096)/17278.064
=0.28

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17421.188 - 4825.594
=12595.594

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7720.096 - 0 - 0
=7720.096

* 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 0.28 mean?
Intelligent Wave (TSE:4847) has a Scaled Net Operating Assets of 0.28 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 Intelligent Wave and its competitors.
Is Intelligent Wave's Scaled Net Operating Assets too high?
Intelligent Wave's current Scaled Net Operating Assets is 0.28. Overall, Intelligent Wave has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intelligent Wave's Scaled Net Operating Assets compare to MSFT and ORCL?
Intelligent Wave's Scaled Net Operating Assets of 0.28 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 Intelligent Wave and its competitors. Intelligent Wave's current Scaled Net Operating Assets is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intelligent Wave stock overvalued right now?
Based on GuruFocus' analysis, Intelligent Wave (TSE:4847) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,188.03, compared to a current price of 円952.00 — trading 19.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.28. Intelligent Wave's overall GF Score™ is 83/100 with 2 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 Intelligent Wave (TSE:4847), the current Scaled Net Operating Assets is 0.28 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 Intelligent Wave (TSE:4847) Overvalued in 2026?

Based on GuruFocus' analysis, Intelligent Wave stock appears to be undervalued. The current stock price of 円952.00 is trading 19.9% below its estimated GF Value™ of 円1,188.03. GuruFocus considers Intelligent Wave to be Modestly Undervalued.

Key valuation signals for TSE:4847:

  • Scaled Net Operating Assets: 0.28
  • GF Value™: 円1,188.03 vs. price of 円952.00 (19.9% below fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the TSE:4847 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Intelligent Wave Business Description

Other Exchanges IWVTF:USA
Address -21-2, Shinkawa, Chuo-ku, Kayabacho Tower, Tokyo, JPN, 104-0033
Intelligent Wave Inc is engaged in sales of system development services and system products, including hardware and software. It operates in two business segments including the Financial Systems Solutions business, and the Product Solutions business. In the Financial Systems Solutions business, it offers value-added system development, through software and hardware integration, and maintenance services for customers operating primarily in the financial services industry. In the Product Solutions business, it deploys and maintains high value-added systems for data security and other solutions based on the in-house developed product as well as system software procured from third parties for customers operating in a range of industries and fields.
83GF Score

Get the complete analysis for TSE:4847

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

円952.00
Price
円1,188.03
GF Value