A&A Material (TSE:5391) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)


TSE:5391 A&A Material Corp TSE:5391
72 GF Score
Price 円1,485.00
GF Value 円1,384.35
Valuation Fairly Valued
! 6 Warning Signs
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What is A&A Material Scaled Net Operating Assets?

A&A Material TSE:5391 -0.40% 72 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates TSE:5391 with a GF Score™ of 72/100 and a GF Value™ of 円1,384.35 (Fairly Valued). The stock has 6 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.

A&A Material's operating assets for the quarter that ended in Mar. 2026 was 円43,254 Mil. A&A Material's operating liabilities for the quarter that ended in Mar. 2026 was 円17,231 Mil. A&A Material's Total Assets for the quarter that ended in Sep. 2025 was 円43,464 Mil. Therefore, A&A Material's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.


A&A Material Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for A&A Material'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.

A&A Material Scaled Net Operating Assets Chart

A&A Material 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 0.51 0.60 0.55 0.56 0.64

A&A Material 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 0.54 0.58 0.55 0.62 0.60

TSE:5391 vs TT, JCI, CARR: Scaled Net Operating Assets Comparison

For the Building Products & Equipment subindustry, A&A Material'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.


A&A Material Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, A&A Material's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:5391
72GF Score
A&A Material Corp TSE:5391
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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A&A Material 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.

A&A Material'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 )
=(43254-17231)/40837
=0.64

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=43440 - 186
=43254

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26275 - 3612 - 5432
=17231

A&A Material'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 )
=(43254-17231)/43464
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=43440 - 186
=43254

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26275 - 3612 - 5432
=17231

* 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 0.60 mean?
A&A Material (TSE:5391) has a Scaled Net Operating Assets of 0.60 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 A&A Material and its competitors.
Is A&A Material's Scaled Net Operating Assets too high?
A&A Material's current Scaled Net Operating Assets is 0.60. Overall, A&A Material has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does A&A Material's Scaled Net Operating Assets compare to TT and JCI?
A&A Material's Scaled Net Operating Assets of 0.60 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 A&A Material and its competitors. A&A Material's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A&A Material stock overvalued right now?
Based on GuruFocus' analysis, A&A Material (TSE:5391) is currently considered Fairly Valued. The stock's GF Value™ is 円1,384.35, compared to a current price of 円1,485.00 — trading 7.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.60. A&A Material's overall GF Score™ is 72/100 with 6 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 A&A Material (TSE:5391), the current Scaled Net Operating Assets is 0.60 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 A&A Material (TSE:5391) Overvalued in 2026?

Based on GuruFocus' analysis, A&A Material stock appears to be overvalued. The current stock price of 円1,485.00 is trading 7.3% above its estimated GF Value™ of 円1,384.35. GuruFocus considers A&A Material to be Fairly Valued.

Key valuation signals for TSE:5391:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: 円1,384.35 vs. price of 円1,485.00 (7.3% above fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the TSE:5391 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


A&A Material Business Description

Address 2-5-5, Tsurumi-chuo, Kanagawa Prefecture, Tsurumi-ku, Yokohama, JPN
A&A Material Corp is engaged in the manufacturing and sales of various industrial materials/equipment such as industrial friction materials, sealing materials, thermal insulation materials, shipbuilding materials, soundproofing materials, and extension couplings. In addition, the company is involved in the design and implementation of thermal insulation, air conditioning, heat insulation, sound insulation, and fire resistant construction.
72GF Score

Get the complete analysis for TSE:5391

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

円1,485.00
Price
円1,384.35
GF Value