Ibokin Co (TSE:5699) Scaled Net Operating Assets: 0.77 (As of Dec. 2025)

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TSE:5699 Ibokin Co Ltd TSE:5699
82 GF Score
Price 円1,476.00
GF Value 円1,523.50
Valuation Fairly Valued
! 4 Warning Signs
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What is Ibokin Co Scaled Net Operating Assets?

Ibokin Co TSE:5699 -0.40% 82 Scaled Net Operating Assets is 0.77 as of Dec. 2025. GuruFocus rates TSE:5699 with a GF Score™ of 82/100 and a GF Value™ of 円1,523.50 (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.

Ibokin Co's operating assets for the quarter that ended in Dec. 2025 was 円6,432 Mil. Ibokin Co's operating liabilities for the quarter that ended in Dec. 2025 was 円1,445 Mil. Ibokin Co's Total Assets for the quarter that ended in Jun. 2025 was 円6,490 Mil. Therefore, Ibokin Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.77.


Ibokin Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Ibokin 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.

Ibokin Co Scaled Net Operating Assets Chart

Ibokin Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.43 0.40 0.49 0.44 0.79

Ibokin Co Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.47 0.47 0.42 0.45 0.77

TSE:5699 vs WM, RSG, WCN: Scaled Net Operating Assets Comparison

For the Waste Management subindustry, Ibokin 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.


Ibokin Co Scaled Net Operating Assets vs Waste Management Industry

For the Waste Management industry and Industrials sector, Ibokin Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:5699
82GF Score
Ibokin Co Ltd TSE:5699
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ibokin Co 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.

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

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(6432.342-1445.201)/6337.101
=0.79

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8105.242 - 1672.9
=6432.342

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2957.665 - 1137.985 - 374.479
=1445.201

Ibokin Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(6432.342-1445.201)/6489.719
=0.77

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8105.242 - 1672.9
=6432.342

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2957.665 - 1137.985 - 374.479
=1445.201

* 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 0.77 mean?
Ibokin Co (TSE:5699) has a Scaled Net Operating Assets of 0.77 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ibokin Co and its competitors.
Is Ibokin Co's Scaled Net Operating Assets too high?
Ibokin Co's current Scaled Net Operating Assets is 0.77. Overall, Ibokin Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ibokin Co's Scaled Net Operating Assets compare to WM and RSG?
Ibokin Co's Scaled Net Operating Assets of 0.77 can be compared against companies in the Waste Management 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 Waste Management company?
A good Scaled Net Operating Assets depends on the Waste Management 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 Ibokin Co and its competitors. Ibokin Co's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ibokin Co stock overvalued right now?
Based on GuruFocus' analysis, Ibokin Co (TSE:5699) is currently considered Fairly Valued. The stock's GF Value™ is 円1,523.50, compared to a current price of 円1,476.00 — trading 3.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.77. Ibokin Co's overall GF Score™ is 82/100 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 Ibokin Co (TSE:5699), the current Scaled Net Operating Assets is 0.77 as of Dec. 2025. 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 Ibokin Co (TSE:5699) Overvalued in 2026?

Based on GuruFocus' analysis, Ibokin Co stock appears to be undervalued. The current stock price of 円1,476.00 is trading 3.1% below its estimated GF Value™ of 円1,523.50. GuruFocus considers Ibokin Co to be Fairly Valued.

Key valuation signals for TSE:5699:

  • Scaled Net Operating Assets: 0.77
  • GF Value™: 円1,523.50 vs. price of 円1,476.00 (3.1% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the TSE:5699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ibokin Co Business Description

Address 379 Hojo, Ibogawa cho, Tatsuno, JPN
Ibokin Co Ltd is engaged in providing integrated recycling services consisting of dismantling buildings and recovering resources from industrial waste and scrap material, and car recycling. Also, the company manufactures plastic pellets.
82GF Score

Get the complete analysis for TSE:5699

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

円1,476.00
Price
円1,523.50
GF Value