Nitta Gelatin (TSE:4977) Scaled Net Operating Assets: 0.69 (As of Mar. 2026)


TSE:4977 Nitta Gelatin Inc TSE:4977
76 GF Score
Price 円1,336.00
GF Value 円762.20
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nitta Gelatin Scaled Net Operating Assets?

Nitta Gelatin TSE:4977 +0.91% 76 Scaled Net Operating Assets is 0.69 as of Mar. 2026. GuruFocus rates TSE:4977 with a GF Score™ of 76/100 and a GF Value™ of 円762.20 (Significantly Overvalued). 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.

Nitta Gelatin's operating assets for the quarter that ended in Mar. 2026 was 円36,378 Mil. Nitta Gelatin's operating liabilities for the quarter that ended in Mar. 2026 was 円7,284 Mil. Nitta Gelatin's Total Assets for the quarter that ended in Sep. 2025 was 円42,313 Mil. Therefore, Nitta Gelatin's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.69.


Nitta Gelatin Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Nitta Gelatin'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.

Nitta Gelatin Scaled Net Operating Assets Chart

Nitta Gelatin 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 0.74 0.81 0.67 0.70 0.72

Nitta Gelatin Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.64 0.66 0.70 0.70 0.69

TSE:4977 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Nitta Gelatin'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.


Nitta Gelatin Scaled Net Operating Assets vs Chemicals Industry

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

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


TSE:4977
76GF Score
Nitta Gelatin Inc TSE:4977
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitta Gelatin 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.

Nitta Gelatin'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 )
=(36378-7284)/40413
=0.72

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=42870 - 6492
=36378

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13241 - 3706 - 2251
=7284

Nitta Gelatin'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: Sep. 2025 )
=(36378-7284)/42313
=0.69

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=42870 - 6492
=36378

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13241 - 3706 - 2251
=7284

* 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 0.69 mean?
Nitta Gelatin (TSE:4977) has a Scaled Net Operating Assets of 0.69 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 Nitta Gelatin and its competitors.
Is Nitta Gelatin's Scaled Net Operating Assets too high?
Nitta Gelatin's current Scaled Net Operating Assets is 0.69. Overall, Nitta Gelatin has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitta Gelatin's Scaled Net Operating Assets compare to LIN and SHW?
Nitta Gelatin's Scaled Net Operating Assets of 0.69 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 Nitta Gelatin and its competitors. Nitta Gelatin's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitta Gelatin stock overvalued right now?
Based on GuruFocus' analysis, Nitta Gelatin (TSE:4977) is currently considered Significantly Overvalued. The stock's GF Value™ is 円762.20, compared to a current price of 円1,336.00 — trading 75.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.69. Nitta Gelatin's overall GF Score™ is 76/100 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 Nitta Gelatin (TSE:4977), the current Scaled Net Operating Assets is 0.69 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 Nitta Gelatin (TSE:4977) Overvalued in 2026?

Based on GuruFocus' analysis, Nitta Gelatin stock appears to be overvalued. The current stock price of 円1,336.00 is trading 75.3% above its estimated GF Value™ of 円762.20. GuruFocus considers Nitta Gelatin to be Significantly Overvalued.

Key valuation signals for TSE:4977:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: 円762.20 vs. price of 円1,336.00 (75.3% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the TSE:4977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitta Gelatin Business Description

Address 4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Gelatin Inc is a manufacturer of gelatin products. It manufactures and sells gelatin, collagen peptides, collagen casing, collagen, and other products made from animal bones and skin or fish scales and skin.
76GF Score

Get the complete analysis for TSE:4977

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

円1,336.00
Price
円762.20
GF Value