Dainichi Co (TSE:5951) Scaled Net Operating Assets: 0.46 (As of Mar. 2026)

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TSE:5951 Dainichi Co Ltd TSE:5951
56 GF Score
Price 円1,252.00
GF Value 円683.43
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Dainichi Co Scaled Net Operating Assets?

Dainichi Co TSE:5951 -4.50% 56 Scaled Net Operating Assets is 0.46 as of Mar. 2026. GuruFocus rates TSE:5951 with a GF Score™ of 56/100 and a GF Value™ of 円683.43 (Significantly Overvalued). 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.

Dainichi Co's operating assets for the quarter that ended in Mar. 2026 was 円20,897 Mil. Dainichi Co's operating liabilities for the quarter that ended in Mar. 2026 was 円4,585 Mil. Dainichi Co's Total Assets for the quarter that ended in Dec. 2025 was 円35,243 Mil. Therefore, Dainichi Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.46.


Dainichi Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Dainichi 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.

Dainichi Co Scaled Net Operating Assets Chart

Dainichi Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.48 0.51 0.44 0.51

Dainichi Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.52 0.67 0.65 0.46 0.55

TSE:5951 vs SN, SGI, MHK: Scaled Net Operating Assets Comparison

For the Furnishings, Fixtures & Appliances subindustry, Dainichi 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.


Dainichi Co Scaled Net Operating Assets vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dainichi Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:5951
56GF Score
Dainichi Co Ltd TSE:5951
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dainichi 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.

Dainichi 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 )
=(20897.23-4585.238)/31910.403
=0.51

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=34241.181 - 13343.951
=20897.23

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4588.378 - 2.174 - 0.966
=4585.238

Dainichi 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: Dec. 2025 )
=(20897.23-4585.238)/35242.66
=0.46

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=34241.181 - 13343.951
=20897.23

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4588.378 - 2.174 - 0.966
=4585.238

* 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 0.46 mean?
Dainichi Co (TSE:5951) has a Scaled Net Operating Assets of 0.46 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 Dainichi Co and its competitors.
Is Dainichi Co's Scaled Net Operating Assets too high?
Dainichi Co's current Scaled Net Operating Assets is 0.46. Overall, Dainichi Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dainichi Co's Scaled Net Operating Assets compare to SN and SGI?
Dainichi Co's Scaled Net Operating Assets of 0.46 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Scaled Net Operating Assets depends on the Furnishings, Fixtures & Appliances 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 Dainichi Co and its competitors. Dainichi Co's current Scaled Net Operating Assets is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dainichi Co stock overvalued right now?
Based on GuruFocus' analysis, Dainichi Co (TSE:5951) is currently considered Significantly Overvalued. The stock's GF Value™ is 円683.43, compared to a current price of 円1,252.00 — trading 83.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.46. Dainichi Co's overall GF Score™ is 56/100 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 Dainichi Co (TSE:5951), the current Scaled Net Operating Assets is 0.46 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 Dainichi Co (TSE:5951) Overvalued in 2026?

Based on GuruFocus' analysis, Dainichi Co stock appears to be overvalued. The current stock price of 円1,252.00 is trading 83.2% above its estimated GF Value™ of 円683.43. GuruFocus considers Dainichi Co to be Significantly Overvalued.

Key valuation signals for TSE:5951:

  • Scaled Net Operating Assets: 0.46
  • GF Value™: 円683.43 vs. price of 円1,252.00 (83.2% above fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the TSE:5951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dainichi Co Business Description

Address 780-6 Kitatanaka, Minami-ku, Niigata, JPN, 950-1295
Dainichi Co Ltd engages in the manufacture and sale of oil fan heaters, ceramic fan heaters, coffee makers and others. Its products include household fan heaters, commercial oil stoves, coffee maker with roasters, coffee bean roasters, smoke machines, automatic feeding machines, photosynthesis promotion machines, and horticulture dedicated heaters.
56GF Score

Get the complete analysis for TSE:5951

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

円1,252.00
Price
円683.43
GF Value