Realgate (TSE:5532) Scaled Net Operating Assets: 0.99 (As of Mar. 2026)


TSE:5532 Realgate Inc TSE:5532
42 GF Score
Price 円3,625.00
GF Value 円1,477.94
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Realgate Scaled Net Operating Assets?

Realgate TSE:5532 +3.13% 42 Scaled Net Operating Assets is 0.99 as of Mar. 2026. GuruFocus rates TSE:5532 with a GF Score™ of 42/100 and a GF Value™ of 円1,477.94 (Significantly Overvalued). The stock has 7 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.

Realgate's operating assets for the quarter that ended in Mar. 2026 was 円24,691 Mil. Realgate's operating liabilities for the quarter that ended in Mar. 2026 was 円3,722 Mil. Realgate's Total Assets for the quarter that ended in Sep. 2025 was 円21,265 Mil. Therefore, Realgate's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.99.


Realgate Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Realgate'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.

Realgate Scaled Net Operating Assets Chart

Realgate Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
0.42 0.87 0.79 0.99 1.03

Realgate Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.67 0.91 0.80 0.88 0.99

TSE:5532 vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Realgate'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.


Realgate Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Realgate's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:5532
42GF Score
Realgate Inc TSE:5532
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Realgate 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.

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

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(20317.585-3972.553)/15894.719
=1.03

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21264.732 - 947.147
=20317.585

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17913.125 - 12293.383 - 1647.189
=3972.553

Realgate'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 )
=(24691.341-3721.866)/21264.732
=0.99

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=25242.833 - 551.492
=24691.341

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21179.001 - 14357.625 - 3099.51
=3721.866

* 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 0.99 mean?
Realgate (TSE:5532) has a Scaled Net Operating Assets of 0.99 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 Realgate and its competitors.
Is Realgate's Scaled Net Operating Assets too high?
Realgate's current Scaled Net Operating Assets is 0.99. Overall, Realgate has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Realgate's Scaled Net Operating Assets compare to CBRE and BEKE?
Realgate's Scaled Net Operating Assets of 0.99 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Realgate and its competitors. Realgate's current Scaled Net Operating Assets is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Realgate stock overvalued right now?
Based on GuruFocus' analysis, Realgate (TSE:5532) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,477.94, compared to a current price of 円3,625.00 — trading 145.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.99. Realgate's overall GF Score™ is 42/100 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 Realgate (TSE:5532), the current Scaled Net Operating Assets is 0.99 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 Realgate (TSE:5532) Overvalued in 2026?

Based on GuruFocus' analysis, Realgate stock appears to be overvalued. The current stock price of 円3,625.00 is trading 145.3% above its estimated GF Value™ of 円1,477.94. GuruFocus considers Realgate to be Significantly Overvalued.

Key valuation signals for TSE:5532:

  • Scaled Net Operating Assets: 0.99
  • GF Value™: 円1,477.94 vs. price of 円3,625.00 (145.3% above fair value)
  • GF Score™: 42/100 with 7 warning signs

No single metric tells the full story. See the TSE:5532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Realgate Business Description

Address 3-51-10 Sendagaya, PORTAL POINT HARAJUKU, Shibuya-ku, Tokyo, JPN, 151-0051
Realgate Inc is engaged in the Real estate consulting business, sales business, brokerage business, leasing business, management and operation business, construction and design supervision business, construction and interior construction contract business, and non-life insurance agency business. Realgate, a real estate revitalization company, has become a neighborhood development company.
42GF 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.

円3,625.00
Price
円1,477.94
GF Value