SBI Leasing Services Co (TSE:5834) Scaled Net Operating Assets: 0.18 (As of Mar. 2026)


TSE:5834 SBI Leasing Services Co Ltd TSE:5834
74 GF Score
Price 円2,697.00
GF Value 円2,092.32
Valuation Modestly Overvalued
! 3 Warning Signs
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What is SBI Leasing Services Co Scaled Net Operating Assets?

SBI Leasing Services Co TSE:5834 74 Scaled Net Operating Assets is 0.18 as of Mar. 2026. GuruFocus rates TSE:5834 with a GF Score™ of 74/100 and a GF Value™ of 円2,092.32 (Modestly Overvalued). The stock has 3 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.

SBI Leasing Services Co's operating assets for the quarter that ended in Mar. 2026 was 円28,807 Mil. SBI Leasing Services Co's operating liabilities for the quarter that ended in Mar. 2026 was 円11,142 Mil. SBI Leasing Services Co's Total Assets for the quarter that ended in Sep. 2025 was 円100,519 Mil. Therefore, SBI Leasing Services Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.18.


SBI Leasing Services Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SBI Leasing Services 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.

SBI Leasing Services Co Scaled Net Operating Assets Chart

SBI Leasing Services Co Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.20 0.18 0.13 0.49 0.17

SBI Leasing Services Co Quarterly Data
Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 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 0.16 0.42 0.40 0.28 0.18

TSE:5834 vs URI, SUNB, AER: Scaled Net Operating Assets Comparison

For the Rental & Leasing Services subindustry, SBI Leasing Services 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.


SBI Leasing Services Co Scaled Net Operating Assets vs Business Services Industry

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

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


TSE:5834
74GF Score
SBI Leasing Services Co Ltd TSE:5834
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SBI Leasing Services 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.

SBI Leasing Services Co'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 )
=(28807-11142)/105777
=0.17

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=112264 - 83457
=28807

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=83512 - 25368 - 47002
=11142

SBI Leasing Services Co'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 )
=(28807-11142)/100519
=0.18

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=112264 - 83457
=28807

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=83512 - 25368 - 47002
=11142

* 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 0.18 mean?
SBI Leasing Services Co (TSE:5834) has a Scaled Net Operating Assets of 0.18 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 SBI Leasing Services Co and its competitors.
Is SBI Leasing Services Co's Scaled Net Operating Assets too high?
SBI Leasing Services Co's current Scaled Net Operating Assets is 0.18. Overall, SBI Leasing Services Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SBI Leasing Services Co's Scaled Net Operating Assets compare to URI and SUNB?
SBI Leasing Services Co's Scaled Net Operating Assets of 0.18 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 SBI Leasing Services Co and its competitors. SBI Leasing Services Co's current Scaled Net Operating Assets is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBI Leasing Services Co stock overvalued right now?
Based on GuruFocus' analysis, SBI Leasing Services Co (TSE:5834) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,092.32, compared to a current price of 円2,697.00 — trading 28.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.18. SBI Leasing Services Co's overall GF Score™ is 74/100 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 SBI Leasing Services Co (TSE:5834), the current Scaled Net Operating Assets is 0.18 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 SBI Leasing Services Co (TSE:5834) Overvalued in 2026?

Based on GuruFocus' analysis, SBI Leasing Services Co stock appears to be overvalued. The current stock price of 円2,697.00 is trading 28.9% above its estimated GF Value™ of 円2,092.32. GuruFocus considers SBI Leasing Services Co to be Modestly Overvalued.

Key valuation signals for TSE:5834:

  • Scaled Net Operating Assets: 0.18
  • GF Value™: 円2,092.32 vs. price of 円2,697.00 (28.9% above fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the TSE:5834 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SBI Leasing Services Co Business Description

Address 1-6-1 Roppongi, 14th floor, Izumi Garden Tower, Minato-ku, Tokyo, JPN
SBI Leasing Services Co Ltd offers Japanese-style operating lease products that invest in real assets such as aircraft and ships. It also participate in the principal investment business (self-investment in ships) as an investor.
74GF Score

Get the complete analysis for TSE:5834

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

円2,697.00
Price
円2,092.32
GF Value