Shinpo Co (TSE:5903) Scaled Net Operating Assets: 0.62 (As of Dec. 2025)

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TSE:5903 Shinpo Co Ltd TSE:5903
60 GF Score
Price 円1,685.00
GF Value 円991.43
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Shinpo Co Scaled Net Operating Assets?

Shinpo Co TSE:5903 60 Scaled Net Operating Assets is 0.62 as of Dec. 2025. GuruFocus rates TSE:5903 with a GF Score™ of 60/100 and a GF Value™ of 円991.43 (Significantly Overvalued). The stock has 6 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.

Shinpo Co's operating assets for the quarter that ended in Dec. 2025 was 円6,673 Mil. Shinpo Co's operating liabilities for the quarter that ended in Dec. 2025 was 円1,279 Mil. Shinpo Co's Total Assets for the quarter that ended in Sep. 2025 was 円8,668 Mil. Therefore, Shinpo Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.62.


Shinpo Co Scaled Net Operating Assets Historical Data

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The historical data trend for Shinpo 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.

Shinpo Co Scaled Net Operating Assets Chart

Shinpo Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.55 0.51 0.46 0.63

Shinpo Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.58 0.60 0.62 0.64

TSE:5903 vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Shinpo 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.


Shinpo Co Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shinpo Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:5903
60GF Score
Shinpo Co Ltd TSE:5903
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinpo 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.

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

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(6422.162-1210.912)/8295.528
=0.63

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8699.206 - 2277.044
=6422.162

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1777.636 - 460.101 - 106.623
=1210.912

Shinpo 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: Sep. 2025 )
=(6672.551-1278.503)/8667.734
=0.62

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8716.48 - 2043.929
=6672.551

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1744.935 - 375.008 - 91.424
=1278.503

* 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 0.62 mean?
Shinpo Co (TSE:5903) has a Scaled Net Operating Assets of 0.62 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 Shinpo Co and its competitors.
Is Shinpo Co's Scaled Net Operating Assets too high?
Shinpo Co's current Scaled Net Operating Assets is 0.62. Overall, Shinpo Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinpo Co's Scaled Net Operating Assets compare to GEV and ETN?
Shinpo Co's Scaled Net Operating Assets of 0.62 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Shinpo Co and its competitors. Shinpo Co's current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinpo Co stock overvalued right now?
Based on GuruFocus' analysis, Shinpo Co (TSE:5903) is currently considered Significantly Overvalued. The stock's GF Value™ is 円991.43, compared to a current price of 円1,685.00 — trading 70% above its estimated fair value. The current Scaled Net Operating Assets is 0.62. Shinpo Co's overall GF Score™ is 60/100 with 6 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 Shinpo Co (TSE:5903), the current Scaled Net Operating Assets is 0.62 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 Shinpo Co (TSE:5903) Overvalued in 2026?

Based on GuruFocus' analysis, Shinpo Co stock appears to be overvalued. The current stock price of 円1,685.00 is trading 70% above its estimated GF Value™ of 円991.43. GuruFocus considers Shinpo Co to be Significantly Overvalued.

Key valuation signals for TSE:5903:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: 円991.43 vs. price of 円1,685.00 (70% above fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the TSE:5903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinpo Co Business Description

Address 110 Wakabadai Meitou-ku, Aichi, Nagoya, JPN, 465 0015
Shinpo Co Ltd manufactures and distributes patented smokeless grills and related accessories. It offers ceramic charcoal roasters, radiant plate roasters and natural charcoal roasters, among others. It also offers installation and maintenance services.
60GF Score

Get the complete analysis for TSE:5903

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

円1,685.00
Price
円991.43
GF Value