Linkers (TSE:5131) Scaled Net Operating Assets: 0.36 (As of Jan. 2026)

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TSE:5131 Linkers Corp TSE:5131
64 GF Score
Price 円133.00
GF Value 円131.43
Valuation Fairly Valued
! 4 Warning Signs
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What is Linkers Scaled Net Operating Assets?

Linkers TSE:5131 -1.48% 64 Scaled Net Operating Assets is 0.36 as of Jan. 2026. GuruFocus rates TSE:5131 with a GF Score™ of 64/100 and a GF Value™ of 円131.43 (Fairly Valued). 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.

Linkers's operating assets for the quarter that ended in Jan. 2026 was 円737 Mil. Linkers's operating liabilities for the quarter that ended in Jan. 2026 was 円278 Mil. Linkers's Total Assets for the quarter that ended in Oct. 2025 was 円1,287 Mil. Therefore, Linkers's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.36.


Linkers Scaled Net Operating Assets Historical Data

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The historical data trend for Linkers'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.

Linkers Scaled Net Operating Assets Chart

Linkers Annual Data
Trend Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.09 0.21 0.29 0.21 0.12

Linkers Quarterly Data
Jul20 Jul21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.22 0.14 0.31 0.36 0.31

TSE:5131 vs CTAS, CPRT, ULS: Scaled Net Operating Assets Comparison

For the Specialty Business Services subindustry, Linkers'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.


Linkers Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Linkers's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:5131
64GF Score
Linkers Corp TSE:5131
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Linkers 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.

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

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(451.156-232.572)/1845.589
=0.12

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1363.674 - 912.518
=451.156

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=245.92 - 3.352 - 9.996
=232.572

Linkers's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Oct. 2025 )
=(737.435-278.063)/1287.395
=0.36

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1679.756 - 942.321
=737.435

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=930.247 - 478.343 - 173.841
=278.063

* 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 0.36 mean?
Linkers (TSE:5131) has a Scaled Net Operating Assets of 0.36 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Linkers and its competitors.
Is Linkers' Scaled Net Operating Assets too high?
Linkers' current Scaled Net Operating Assets is 0.36. Overall, Linkers has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Linkers' Scaled Net Operating Assets compare to CTAS and CPRT?
Linkers' Scaled Net Operating Assets of 0.36 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 Linkers and its competitors. Linkers's current Scaled Net Operating Assets is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linkers stock overvalued right now?
Based on GuruFocus' analysis, Linkers (TSE:5131) is currently considered Fairly Valued. The stock's GF Value™ is 円131.43, compared to a current price of 円133.00 — trading 1.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.36. Linkers' overall GF Score™ is 64/100 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 Linkers (TSE:5131), the current Scaled Net Operating Assets is 0.36 as of Jan. 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 Linkers (TSE:5131) Overvalued in 2026?

Based on GuruFocus' analysis, Linkers stock appears to be overvalued. The current stock price of 円133.00 is trading 1.2% above its estimated GF Value™ of 円131.43. GuruFocus considers Linkers to be Fairly Valued.

Key valuation signals for TSE:5131:

  • Scaled Net Operating Assets: 0.36
  • GF Value™: 円131.43 vs. price of 円133.00 (1.2% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the TSE:5131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Linkers Business Description

Address 2-3-21 Koraku, 6th Floor, Sumitomo Fudosan Iidabashi Building, Bunkyo-ku, Tokyo, JPN, 112-0004
Linkers Corp is engaged in providing business matchmaking services and research consulting services, especially in the manufacturing sector. The various services offered by the group include Linkers Research, which investigates technology needs and seeds at the research stage and identifies the technical themes and challenges that companies should address; Linkers Sourcing, which provides technology exploration services that handle needs-based matching at the development stage; Linkers Marketing, which introduces clients technology, products, and services to corporate network and provide interview opportunities with interested companies; and Linkers for BANK, a SaaS-based business matching system that helps institutions improve their business matching operations; among others.
64GF Score

Get the complete analysis for TSE:5131

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

円133.00
Price
円131.43
GF Value