Asahi Kagaku Kogyo Co (TSE:7928) Scaled Net Operating Assets: 0.56 (As of Feb. 2026)


TSE:7928 Asahi Kagaku Kogyo Co Ltd TSE:7928
63 GF Score
Price 円629.00
GF Value 円565.65
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Asahi Kagaku Kogyo Co Scaled Net Operating Assets?

Asahi Kagaku Kogyo Co TSE:7928 +0.64% 63 Scaled Net Operating Assets is 0.56 as of Feb. 2026. GuruFocus rates TSE:7928 with a GF Score™ of 63/100 and a GF Value™ of 円565.65 (Modestly Overvalued). The stock has 8 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.

Asahi Kagaku Kogyo Co's operating assets for the quarter that ended in Feb. 2026 was 円5,305 Mil. Asahi Kagaku Kogyo Co's operating liabilities for the quarter that ended in Feb. 2026 was 円1,592 Mil. Asahi Kagaku Kogyo Co's Total Assets for the quarter that ended in Aug. 2025 was 円6,678 Mil. Therefore, Asahi Kagaku Kogyo Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.56.


Asahi Kagaku Kogyo Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Asahi Kagaku Kogyo 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.

Asahi Kagaku Kogyo Co Scaled Net Operating Assets Chart

Asahi Kagaku Kogyo Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.56 0.41 0.56 0.55

Asahi Kagaku Kogyo Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.47 0.56 0.61 0.54 0.56

TSE:7928 vs SNA, RBC, LECO: Scaled Net Operating Assets Comparison

For the Tools & Accessories subindustry, Asahi Kagaku Kogyo 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.


Asahi Kagaku Kogyo Co Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asahi Kagaku Kogyo Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:7928
63GF Score
Asahi Kagaku Kogyo Co Ltd TSE:7928
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi Kagaku Kogyo 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.

Asahi Kagaku Kogyo Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2025 )
=(Operating Assets (A: Aug. 2025 )-Operating Liabilities (A: Aug. 2025 ))/Total Assets (A: Aug. 2024 )
=(5081.894-1267.17)/6954.439
=0.55

where

Operating Assets(A: Aug. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6678.137 - 1596.243
=5081.894

Operating Liabilities(A: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1387.17 - 0 - 120
=1267.17

Asahi Kagaku Kogyo Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Aug. 2025 )
=(5304.849-1591.717)/6678.137
=0.56

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7175.236 - 1870.387
=5304.849

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1591.717 - 0 - 0
=1591.717

* 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 0.56 mean?
Asahi Kagaku Kogyo Co (TSE:7928) has a Scaled Net Operating Assets of 0.56 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Asahi Kagaku Kogyo Co and its competitors.
Is Asahi Kagaku Kogyo Co's Scaled Net Operating Assets too high?
Asahi Kagaku Kogyo Co's current Scaled Net Operating Assets is 0.56. Overall, Asahi Kagaku Kogyo Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kagaku Kogyo Co's Scaled Net Operating Assets compare to SNA and RBC?
Asahi Kagaku Kogyo Co's Scaled Net Operating Assets of 0.56 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Asahi Kagaku Kogyo Co and its competitors. Asahi Kagaku Kogyo Co's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kagaku Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co (TSE:7928) is currently considered Modestly Overvalued. The stock's GF Value™ is 円565.65, compared to a current price of 円629.00 — trading 11.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.56. Asahi Kagaku Kogyo Co's overall GF Score™ is 63/100 with 8 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 Asahi Kagaku Kogyo Co (TSE:7928), the current Scaled Net Operating Assets is 0.56 as of Feb. 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 Asahi Kagaku Kogyo Co (TSE:7928) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co stock appears to be overvalued. The current stock price of 円629.00 is trading 11.2% above its estimated GF Value™ of 円565.65. GuruFocus considers Asahi Kagaku Kogyo Co to be Modestly Overvalued.

Key valuation signals for TSE:7928:

  • Scaled Net Operating Assets: 0.56
  • GF Value™: 円565.65 vs. price of 円629.00 (11.2% above fair value)
  • GF Score™: 63/100 with 8 warning signs

No single metric tells the full story. See the TSE:7928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Kagaku Kogyo Co Business Description

Address Anjo-shi Shioga Irucho Hiromi 133-3, Aichi, JPN, 844-1205
Asahi Kagaku Kogyo Co Ltd is a manufacturer of plastic parts, plastics molded products, processed goods and sets of plastics. It also provides electric tool parts, automobile parts, applied equipment, pump parts, building materials.
63GF Score

Get the complete analysis for TSE:7928

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

円629.00
Price
円565.65
GF Value