Lec (TSE:7874) Scaled Net Operating Assets: 0.54 (As of Mar. 2026)


TSE:7874 Lec Inc TSE:7874
73 GF Score
Price 円952.00
GF Value 円1,292.11
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Lec Scaled Net Operating Assets?

Lec TSE:7874 +1.49% 73 Scaled Net Operating Assets is 0.54 as of Mar. 2026. GuruFocus rates TSE:7874 with a GF Score™ of 73/100 and a GF Value™ of 円1,292.11 (Modestly Undervalued). 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.

Lec's operating assets for the quarter that ended in Mar. 2026 was 円59,108 Mil. Lec's operating liabilities for the quarter that ended in Mar. 2026 was 円8,518 Mil. Lec's Total Assets for the quarter that ended in Dec. 2025 was 円94,169 Mil. Therefore, Lec's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.54.


Lec Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Lec'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.

Lec Scaled Net Operating Assets Chart

Lec 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 0.68 0.66 0.57 0.58 0.57

Lec Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only 0.59 0.56 0.54 0.56 0.54

TSE:7874 vs PG, CL, KVUE: Scaled Net Operating Assets Comparison

For the Household & Personal Products subindustry, Lec'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.


Lec Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lec's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:7874
73GF Score
Lec Inc TSE:7874
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Lec 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.

Lec'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 )
=(59108-8518)/88928
=0.57

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=93805 - 34697
=59108

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55001 - 39200 - 7283
=8518

Lec'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: Dec. 2025 )
=(59108-8518)/94169
=0.54

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=93805 - 34697
=59108

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55001 - 39200 - 7283
=8518

* 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 0.54 mean?
Lec (TSE:7874) has a Scaled Net Operating Assets of 0.54 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 Lec and its competitors.
Is Lec's Scaled Net Operating Assets too high?
Lec's current Scaled Net Operating Assets is 0.54. Overall, Lec has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lec's Scaled Net Operating Assets compare to PG and CL?
Lec's Scaled Net Operating Assets of 0.54 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Lec and its competitors. Lec's current Scaled Net Operating Assets is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lec stock overvalued right now?
Based on GuruFocus' analysis, Lec (TSE:7874) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,292.11, compared to a current price of 円952.00 — trading 26.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.54. Lec's overall GF Score™ is 73/100 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 Lec (TSE:7874), the current Scaled Net Operating Assets is 0.54 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 Lec (TSE:7874) Overvalued in 2026?

Based on GuruFocus' analysis, Lec stock appears to be undervalued. The current stock price of 円952.00 is trading 26.3% below its estimated GF Value™ of 円1,292.11. GuruFocus considers Lec to be Modestly Undervalued.

Key valuation signals for TSE:7874:

  • Scaled Net Operating Assets: 0.54
  • GF Value™: 円1,292.11 vs. price of 円952.00 (26.3% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the TSE:7874 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lec Business Description

Address 3-15-1 Nihonbashi-hamacho, Chuo-Ku, Tokyo, JPN, 103-0007
Lec Inc engages in the manufacture, sale, and import-export of household utensils, gift articles, and corporate sales palpate articles. It offers its products in various groups namely hook group, kitchen, bath supplies, toilet supplies, cleaning supplies and laundry article. Its products include sticker hooks, paper towel holders, electric toothbrush holders, cleaning tools, and extendable folding laundry clothes hangers.
73GF Score

Get the complete analysis for TSE:7874

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

円952.00
Price
円1,292.11
GF Value