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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.
Starts Publishing's operating assets for the quarter that ended in Dec. 2025 was 円7,328 Mil. Starts Publishing's operating liabilities for the quarter that ended in Dec. 2025 was 円2,129 Mil. Starts Publishing's Total Assets for the quarter that ended in Sep. 2025 was 円12,168 Mil. Therefore, Starts Publishing's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.43.
Starts Publishing Scaled Net Operating Assets Related Terms
Starts Publishing Scaled Net Operating Assets Historical Data
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The historical data trend for Starts Publishing'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.
Starts Publishing Scaled Net Operating Assets Chart
TSE:7849 vs NYT, WLY: Scaled Net Operating Assets Comparison
For the Publishing subindustry, Starts Publishing'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.
Starts Publishing Scaled Net Operating Assets vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Starts Publishing's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Starts Publishing'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 0.43 mean?
Starts Publishing (TSE:7849) has a Scaled Net Operating Assets of 0.43 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 Starts Publishing and its competitors.
Is Starts Publishing's Scaled Net Operating Assets too high?
Starts Publishing's current Scaled Net Operating Assets is 0.43. Overall, Starts Publishing has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Starts Publishing's Scaled Net Operating Assets compare to NYT and WLY?
Starts Publishing's Scaled Net Operating Assets of 0.43 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Scaled Net Operating Assets depends on the Media - Diversified 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 Starts Publishing and its competitors. Starts Publishing's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Publishing stock overvalued right now?
Based on GuruFocus' analysis, Starts Publishing (TSE:7849) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,954.10, compared to a current price of 円3,490.00 — trading 11.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.43. Starts Publishing's overall GF Score™ is 86/100 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 Starts Publishing (TSE:7849), the current Scaled Net Operating Assets is 0.43 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 Starts Publishing (TSE:7849) Overvalued in 2026?
Based on GuruFocus' analysis, Starts Publishing stock appears to be undervalued.
The current stock price of 円3,490.00 is trading 11.7% below its estimated GF Value™ of 円3,954.10.
GuruFocus considers Starts Publishing to be Modestly Undervalued.
Key valuation signals for TSE:7849:
Scaled Net Operating Assets: 0.43
GF Value™: 円3,954.10 vs. price of 円3,490.00 (11.7% below fair value)
No single metric tells the full story. See the TSE:7849 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Starts Publishing Corp is engaged in Tokyo marketing domain which include event planning and management and sales to publishing store, and post contents of the domain. Its segments include: Book content business; and Media Solutions Business. It derives maximum revenue from Book content business segment.
86GF Score
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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