Sanko Co (TSE:6964) Scaled Net Operating Assets: 0.50 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6964 Sanko Co Ltd TSE:6964
80 GF Score
Price 円693.00
GF Value 円631.09
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Sanko Co Scaled Net Operating Assets?

Sanko Co TSE:6964 +0.87% 80 Scaled Net Operating Assets is 0.50 as of Mar. 2026. GuruFocus rates TSE:6964 with a GF Score™ of 80/100 and a GF Value™ of 円631.09 (Fairly Valued). 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.

Sanko Co's operating assets for the quarter that ended in Mar. 2026 was 円17,509 Mil. Sanko Co's operating liabilities for the quarter that ended in Mar. 2026 was 円6,510 Mil. Sanko Co's Total Assets for the quarter that ended in Sep. 2025 was 円22,065 Mil. Therefore, Sanko Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.50.


Sanko Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sanko 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.

Sanko Co Scaled Net Operating Assets Chart

Sanko 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 0.41 0.41 0.37 0.45 0.50

Sanko Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.37 0.45 0.48 0.50

TSE:6964 vs APH, GLW: Scaled Net Operating Assets Comparison

For the Electronic Components subindustry, Sanko 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.


Sanko Co Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Sanko Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:6964
80GF Score
Sanko Co Ltd TSE:6964
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanko 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.

Sanko 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 )
=(17508.505-6509.712)/22040.42
=0.50

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22927.609 - 5419.104
=17508.505

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6598.173 - 66.975 - 21.486
=6509.712

Sanko 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 )
=(17508.505-6509.712)/22064.71
=0.50

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22927.609 - 5419.104
=17508.505

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6598.173 - 66.975 - 21.486
=6509.712

* 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 0.50 mean?
Sanko Co (TSE:6964) has a Scaled Net Operating Assets of 0.50 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 Sanko Co and its competitors.
Is Sanko Co's Scaled Net Operating Assets too high?
Sanko Co's current Scaled Net Operating Assets is 0.50. Overall, Sanko Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sanko Co's Scaled Net Operating Assets compare to APH and GLW?
Sanko Co's Scaled Net Operating Assets of 0.50 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 Sanko Co and its competitors. Sanko Co's current Scaled Net Operating Assets is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanko Co stock overvalued right now?
Based on GuruFocus' analysis, Sanko Co (TSE:6964) is currently considered Fairly Valued. The stock's GF Value™ is 円631.09, compared to a current price of 円693.00 — trading 9.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.50. Sanko Co's overall GF Score™ is 80/100 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 Sanko Co (TSE:6964), the current Scaled Net Operating Assets is 0.50 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 Sanko Co (TSE:6964) Overvalued in 2026?

Based on GuruFocus' analysis, Sanko Co stock appears to be overvalued. The current stock price of 円693.00 is trading 9.8% above its estimated GF Value™ of 円631.09. GuruFocus considers Sanko Co to be Fairly Valued.

Key valuation signals for TSE:6964:

  • Scaled Net Operating Assets: 0.50
  • GF Value™: 円631.09 vs. price of 円693.00 (9.8% above fair value)
  • GF Score™: 80/100 with 6 warning signs

No single metric tells the full story. See the TSE:6964 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanko Co Business Description

Address 959 Hirookanomura, Nagano Prefecture, Shiojiri, JPN, 399-0782
Sanko Co Ltd is engaged in the manufacturing and selling of press products, mechatronics products, and plastic products related to automobile-related products, office equipment-related products, and digital home appliances. The company's product offerings include battery terminals, driver airbag parts, axis hinges, passenger seat airbag parts, inverter terminal blocks, and others.
80GF Score

Get the complete analysis for TSE:6964

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

円693.00
Price
円631.09
GF Value