Cube Co (TSE:7112) Scaled Net Operating Assets: 0.40 (As of Dec. 2025)

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TSE:7112 Cube Co Ltd TSE:7112
78 GF Score
Price 円698.00
GF Value 円626.91
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Cube Co Scaled Net Operating Assets?

Cube Co TSE:7112 -0.71% 78 Scaled Net Operating Assets is 0.40 as of Dec. 2025. GuruFocus rates TSE:7112 with a GF Score™ of 78/100 and a GF Value™ of 円626.91 (Modestly Overvalued). The stock has 5 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.

Cube Co's operating assets for the quarter that ended in Dec. 2025 was 円2,500 Mil. Cube Co's operating liabilities for the quarter that ended in Dec. 2025 was 円569 Mil. Cube Co's Total Assets for the quarter that ended in Sep. 2025 was 円4,869 Mil. Therefore, Cube Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.40.


Cube Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Cube 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.

Cube Co Scaled Net Operating Assets Chart

Cube Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.03 0.16 0.22 0.24 0.40

Cube Co Quarterly Data
Dec20 Dec21 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 0.32 0.34 0.45 0.40 0.45

TSE:7112 vs RL, LEVI, VFC: Scaled Net Operating Assets Comparison

For the Apparel Manufacturing subindustry, Cube 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.


Cube Co Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cube Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:7112
78GF Score
Cube Co Ltd TSE:7112
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cube 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.

Cube Co'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 )
=(2500.208-569.051)/4791.766
=0.40

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4611.489 - 2111.281
=2500.208

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=569.051 - 0 - 0
=569.051

Cube 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 )
=(2500.208-569.051)/4868.941
=0.40

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4611.489 - 2111.281
=2500.208

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=569.051 - 0 - 0
=569.051

* 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 0.40 mean?
Cube Co (TSE:7112) has a Scaled Net Operating Assets of 0.40 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 Cube Co and its competitors.
Is Cube Co's Scaled Net Operating Assets too high?
Cube Co's current Scaled Net Operating Assets is 0.40. Overall, Cube Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cube Co's Scaled Net Operating Assets compare to RL and LEVI?
Cube Co's Scaled Net Operating Assets of 0.40 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 Cube Co and its competitors. Cube Co's current Scaled Net Operating Assets is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cube Co stock overvalued right now?
Based on GuruFocus' analysis, Cube Co (TSE:7112) is currently considered Modestly Overvalued. The stock's GF Value™ is 円626.91, compared to a current price of 円698.00 — trading 11.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.40. Cube Co's overall GF Score™ is 78/100 with 5 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 Cube Co (TSE:7112), the current Scaled Net Operating Assets is 0.40 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 Cube Co (TSE:7112) Overvalued in 2026?

Based on GuruFocus' analysis, Cube Co stock appears to be overvalued. The current stock price of 円698.00 is trading 11.3% above its estimated GF Value™ of 円626.91. GuruFocus considers Cube Co to be Modestly Overvalued.

Key valuation signals for TSE:7112:

  • Scaled Net Operating Assets: 0.40
  • GF Value™: 円626.91 vs. price of 円698.00 (11.3% above fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the TSE:7112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cube Co Business Description

Address 2-17-7 Akasaka, 7th Floor, Akasaka Tameike Tower, Minato-ku, Tokyo, JPN, 107-0052
Cube Co Ltd is engaged in the planning, retail, and wholesale of golf-related clothing and miscellaneous goods. The company offers caddy bags, head covers, boston bags, cart bags, clutch pouches, neck shirts, polo shirts, golf bags, etc., through brands like Mark & Lona, Horn Garment, Gravis, Golf, and others. The group's products are produced both domestically and internationally and are procured from its suppliers and sold in various markets globally. It operates in a single segment, the planning and sales of clothing and other products.
78GF Score

Get the complete analysis for TSE:7112

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

円698.00
Price
円626.91
GF Value