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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
TRaaS On Product's operating assets for the quarter that ended in Jan. 2026 was 円285.1 Mil. TRaaS On Product's operating liabilities for the quarter that ended in Jan. 2026 was 円61.7 Mil. TRaaS On Product's Total Assets for the quarter that ended in Oct. 2025 was 円586.9 Mil. Therefore, TRaaS On Product's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.38.
TRaaS On Product Scaled Net Operating Assets Related Terms
TRaaS On Product Scaled Net Operating Assets Historical Data
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The historical data trend for TRaaS On Product'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.
TRaaS On Product Scaled Net Operating Assets Chart
TSE:6696 vs CSCO, CIEN, MSI: Scaled Net Operating Assets Comparison
For the Communication Equipment subindustry, TRaaS On Product'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.
TRaaS On Product Scaled Net Operating Assets vs Hardware Industry
For the Hardware industry and Technology sector, TRaaS On Product's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where TRaaS On Product'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 0.38 mean?
TRaaS On Product (TSE:6696) has a Scaled Net Operating Assets of 0.38 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on TRaaS On Product and its competitors.
Is TRaaS On Product's Scaled Net Operating Assets too high?
TRaaS On Product's current Scaled Net Operating Assets is 0.38. Overall, TRaaS On Product has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TRaaS On Product's Scaled Net Operating Assets compare to CSCO and CIEN?
TRaaS On Product's Scaled Net Operating Assets of 0.38 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 TRaaS On Product and its competitors. TRaaS On Product's current Scaled Net Operating Assets is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRaaS On Product stock overvalued right now?
Based on GuruFocus' analysis, TRaaS On Product (TSE:6696) is currently considered Possible Value Trap. The stock's GF Value™ is 円488.75, compared to a current price of 円291.00 — trading 40.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.38. TRaaS On Product's overall GF Score™ is 50/100 with 2 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 TRaaS On Product (TSE:6696), the current Scaled Net Operating Assets is 0.38 as of Jan. 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 TRaaS On Product (TSE:6696) Overvalued in 2026?
Based on GuruFocus' analysis, TRaaS On Product stock appears to be undervalued.
The current stock price of 円291.00 is trading 40.5% below its estimated GF Value™ of 円488.75.
GuruFocus considers TRaaS On Product to be Possible Value Trap.
Key valuation signals for TSE:6696:
Scaled Net Operating Assets: 0.38
GF Value™: 円488.75 vs. price of 円291.00 (40.5% below fair value)
No single metric tells the full story. See the TSE:6696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TRaaS On Product Inc is engaged in telecommunications, followed by the IT revolution, and manufacturing in which the subject of value shifted to something different.
50GF Score
Get the complete analysis for TSE:6696
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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