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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Tess Holdings Co's operating assets for the quarter that ended in Mar. 2026 was 円142,889 Mil. Tess Holdings Co's operating liabilities for the quarter that ended in Mar. 2026 was 円17,899 Mil. Tess Holdings Co's Total Assets for the quarter that ended in Dec. 2025 was 円160,157 Mil. Therefore, Tess Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.
Tess Holdings Co Scaled Net Operating Assets Related Terms
Tess Holdings Co Scaled Net Operating Assets Historical Data
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The historical data trend for Tess Holdings 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.
Tess Holdings Co Scaled Net Operating Assets Chart
Tess Holdings Co Scaled Net Operating Assets Competitor Comparison
For the Utilities - Renewable subindustry, Tess Holdings 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.
Tess Holdings Co Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Tess Holdings Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Tess Holdings Co's Scaled Net Operating Assets falls into.
* 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 0.78 mean?
Tess Holdings Co (TSE:5074) has a Scaled Net Operating Assets of 0.78 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 Tess Holdings Co and its competitors.
Is Tess Holdings Co's Scaled Net Operating Assets too high?
Tess Holdings Co's current Scaled Net Operating Assets is 0.78. Overall, Tess Holdings 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 Tess Holdings Co's Scaled Net Operating Assets compare to competitors?
Tess Holdings Co's Scaled Net Operating Assets of 0.78 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers 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 Tess Holdings Co and its competitors. Tess Holdings Co's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tess Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Tess Holdings Co (TSE:5074) is currently considered Fairly Valued. The stock's GF Value™ is 円628.13, compared to a current price of 円634.00 — trading 0.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.78. Tess Holdings Co's overall GF Score™ is 75/100 with 7 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 Tess Holdings Co (TSE:5074), the current Scaled Net Operating Assets is 0.78 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 Tess Holdings Co (TSE:5074) Overvalued in 2026?
Based on GuruFocus' analysis, Tess Holdings Co stock appears to be overvalued.
The current stock price of 円634.00 is trading 0.9% above its estimated GF Value™ of 円628.13.
GuruFocus considers Tess Holdings Co to be Fairly Valued.
Key valuation signals for TSE:5074:
Scaled Net Operating Assets: 0.78
GF Value™: 円628.13 vs. price of 円634.00 (0.9% above fair value)
No single metric tells the full story. See the TSE:5074 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tess Holdings Co Ltd is engaged in the development and electricity sales of renewable power plants and power retailing business. Further, it is also involved in the operation and maintenance of cogeneration and other environmental energy-saving systems.
75GF Score
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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