Frontier Management (TSE:7038) Scaled Net Operating Assets: 0.37 (As of Dec. 2025)


TSE:7038 Frontier Management Inc TSE:7038
66 GF Score
Price 円552.00
GF Value 円1,771.01
Valuation Possible Value Trap
! 6 Warning Signs
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What is Frontier Management Scaled Net Operating Assets?

Frontier Management TSE:7038 -0.18% 66 Scaled Net Operating Assets is 0.37 as of Dec. 2025. GuruFocus rates TSE:7038 with a GF Score™ of 66/100 and a GF Value™ of 円1,771.01 (Possible Value Trap). 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.

Frontier Management's operating assets for the quarter that ended in Dec. 2025 was 円9,846 Mil. Frontier Management's operating liabilities for the quarter that ended in Dec. 2025 was 円3,093 Mil. Frontier Management's Total Assets for the quarter that ended in Jun. 2025 was 円18,332 Mil. Therefore, Frontier Management's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.37.


Frontier Management Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Frontier Management'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.

Frontier Management Scaled Net Operating Assets Chart

Frontier Management Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.15 0.36 0.22 0.48

Frontier Management Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 0.25 0.50 0.38 0.37 0.39

TSE:7038 vs CTAS, CPRT, ULS: Scaled Net Operating Assets Comparison

For the Specialty Business Services subindustry, Frontier Management'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.


Frontier Management Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Frontier Management's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:7038
66GF Score
Frontier Management Inc TSE:7038
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frontier Management 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.

Frontier Management's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(9846.385-3092.667)/14165.057
=0.48

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18434.591 - 8588.206
=9846.385

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8490.97 - 4049.811 - 1348.492
=3092.667

Frontier Management'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: Jun. 2025 )
=(9846.385-3092.667)/18332.258
=0.37

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18434.591 - 8588.206
=9846.385

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8490.97 - 4049.811 - 1348.492
=3092.667

* 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 0.37 mean?
Frontier Management (TSE:7038) has a Scaled Net Operating Assets of 0.37 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 Frontier Management and its competitors.
Is Frontier Management's Scaled Net Operating Assets too high?
Frontier Management's current Scaled Net Operating Assets is 0.37. Overall, Frontier Management has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frontier Management's Scaled Net Operating Assets compare to CTAS and CPRT?
Frontier Management's Scaled Net Operating Assets of 0.37 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 Frontier Management and its competitors. Frontier Management's current Scaled Net Operating Assets is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Management stock overvalued right now?
Based on GuruFocus' analysis, Frontier Management (TSE:7038) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,771.01, compared to a current price of 円552.00 — trading 68.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.37. Frontier Management's overall GF Score™ is 66/100 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 Frontier Management (TSE:7038), the current Scaled Net Operating Assets is 0.37 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 Frontier Management (TSE:7038) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier Management stock appears to be undervalued. The current stock price of 円552.00 is trading 68.8% below its estimated GF Value™ of 円1,771.01. GuruFocus considers Frontier Management to be Possible Value Trap.

Key valuation signals for TSE:7038:

  • Scaled Net Operating Assets: 0.37
  • GF Value™: 円1,771.01 vs. price of 円552.00 (68.8% below fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the TSE:7038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frontier Management Business Description

Address 3-2-1 Roppongi, 41st Floor, Sumitomo Fudosan Roppongi Grand Tower, Minato-ku, Tokyo, JPN, 106-6241
Frontier Management Inc is engaged in the consulting and investment business. The company has two reportable segments: Consulting and Advisory Business and Investment Business. The Consulting and Advisory segment provides management consulting, M&A advisory, and revitalization support services. The Investment segment involves the dispatch of management personnel to enhance the long-term, sustainable corporate value of investees. It generates the majority of its revenue from the Consulting and Advisory Business segment.
66GF Score

Get the complete analysis for TSE:7038

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

円552.00
Price
円1,771.01
GF Value