Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Zenhoren Co's operating assets for the quarter that ended in Mar. 2026 was 円14,469 Mil. Zenhoren Co's operating liabilities for the quarter that ended in Mar. 2026 was 円15,964 Mil. Zenhoren Co's Total Assets for the quarter that ended in Sep. 2025 was 円22,575 Mil. Therefore, Zenhoren Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.07.
Zenhoren Co Scaled Net Operating Assets Related Terms
Zenhoren Co Scaled Net Operating Assets Historical Data
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The historical data trend for Zenhoren 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.
TSE:5845 vs CTAS, CPRT, ULS: Scaled Net Operating Assets Comparison
For the Specialty Business Services subindustry, Zenhoren 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.
Zenhoren Co Scaled Net Operating Assets vs Business Services Industry
For the Business Services industry and Industrials sector, Zenhoren Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Zenhoren Co'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 -0.07 mean?
Zenhoren Co (TSE:5845) has a Scaled Net Operating Assets of -0.07 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 Zenhoren Co and its competitors.
Is Zenhoren Co's Scaled Net Operating Assets too high?
Zenhoren Co's current Scaled Net Operating Assets is -0.07. Overall, Zenhoren Co has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenhoren Co's Scaled Net Operating Assets compare to CTAS and CPRT?
Zenhoren Co's Scaled Net Operating Assets of -0.07 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 Zenhoren Co and its competitors. Zenhoren Co's current Scaled Net Operating Assets is -0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenhoren Co stock overvalued right now?
Based on GuruFocus' analysis, Zenhoren Co (TSE:5845) is currently considered Modestly Overvalued. The stock's GF Value™ is 円886.27, compared to a current price of 円1,020.00 — trading 15.1% above its estimated fair value. The current Scaled Net Operating Assets is -0.07. Zenhoren Co's overall GF Score™ is 38/100 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 Zenhoren Co (TSE:5845), the current Scaled Net Operating Assets is -0.07 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 Zenhoren Co (TSE:5845) Overvalued in 2026?
Based on GuruFocus' analysis, Zenhoren Co stock appears to be overvalued.
The current stock price of 円1,020.00 is trading 15.1% above its estimated GF Value™ of 円886.27.
GuruFocus considers Zenhoren Co to be Modestly Overvalued.
Key valuation signals for TSE:5845:
Scaled Net Operating Assets: -0.07
GF Value™: 円886.27 vs. price of 円1,020.00 (15.1% above fair value)
No single metric tells the full story. See the TSE:5845 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zenhoren Co Ltd is engaged in the rent liability guarantee business, providing rent guarantee services for residential properties with coverage of up to 24 months rent, including monthly rent, moving-out settlement fees, and tenant accident expense insurance. For business use, the Z-Business NEO service covers stores and offices with guarantees up to 24 months rent. The company also offers guarantees for parking lots and trunk rooms, the Z-value service for combined rent guarantee and fire insurance via smartphone, and Z-WEB/Z-WEB2.0 for centralized management by real estate companies. In addition, Zenhoren provides Z-College Support (tuition guarantee), enabling vocational schools and students to pay tuition fees in installments.
38GF Score
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