Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Nakayama Steel Works's operating assets for the quarter that ended in Mar. 2026 was 円129,126 Mil. Nakayama Steel Works's operating liabilities for the quarter that ended in Mar. 2026 was 円34,707 Mil. Nakayama Steel Works's Total Assets for the quarter that ended in Dec. 2025 was 円149,983 Mil. Therefore, Nakayama Steel Works's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.63.
Nakayama Steel Works Scaled Net Operating Assets Related Terms
Nakayama Steel Works Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Nakayama Steel Works'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.
Nakayama Steel Works Scaled Net Operating Assets Chart
TSE:5408 vs NUE, STLD, RS: Scaled Net Operating Assets Comparison
For the Steel subindustry, Nakayama Steel Works'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.
Nakayama Steel Works Scaled Net Operating Assets vs Steel Industry
For the Steel industry and Basic Materials sector, Nakayama Steel Works's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Nakayama Steel Works'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 0.63 mean?
Nakayama Steel Works (TSE:5408) has a Scaled Net Operating Assets of 0.63 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 Nakayama Steel Works and its competitors.
Is Nakayama Steel Works' Scaled Net Operating Assets too high?
Nakayama Steel Works' current Scaled Net Operating Assets is 0.63. Overall, Nakayama Steel Works has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nakayama Steel Works' Scaled Net Operating Assets compare to NUE and STLD?
Nakayama Steel Works' Scaled Net Operating Assets of 0.63 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Nakayama Steel Works and its competitors. Nakayama Steel Works's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakayama Steel Works stock overvalued right now?
Based on GuruFocus' analysis, Nakayama Steel Works (TSE:5408) is currently considered Fairly Valued. The stock's GF Value™ is 円623.00, compared to a current price of 円624.00 — trading 0.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.63. Nakayama Steel Works' overall GF Score™ is 67/100 with 3 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 Nakayama Steel Works (TSE:5408), the current Scaled Net Operating Assets is 0.63 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 Nakayama Steel Works (TSE:5408) Overvalued in 2026?
Based on GuruFocus' analysis, Nakayama Steel Works stock appears to be overvalued.
The current stock price of 円624.00 is trading 0.2% above its estimated GF Value™ of 円623.00.
GuruFocus considers Nakayama Steel Works to be Fairly Valued.
Key valuation signals for TSE:5408:
Scaled Net Operating Assets: 0.63
GF Value™: 円623.00 vs. price of 円624.00 (0.2% above fair value)
No single metric tells the full story. See the TSE:5408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nakayama Steel Works Ltd is a Japan-based company. The company operates in Steel, Engineering, and Real estate business. Its Steel business includes manufacturing and sale of steel products including coil products, steel sheets, bars and wire products. The company is also engaged in real estate buying, leasing and selling.
67GF Score
Get the complete analysis for TSE:5408
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:5408 has been successfully added to your 
