Japan Pulp and Paper Co (TSE:8032) Scaled Net Operating Assets: 0.58 (As of Mar. 2026)


TSE:8032 Japan Pulp and Paper Co Ltd TSE:8032
67 GF Score
Price 円1,108.00
GF Value 円757.08
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Japan Pulp and Paper Co Scaled Net Operating Assets?

Japan Pulp and Paper Co TSE:8032 +2.21% 67 Scaled Net Operating Assets is 0.58 as of Mar. 2026. GuruFocus rates TSE:8032 with a GF Score™ of 67/100 and a GF Value™ of 円757.08 (Significantly Overvalued). 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.

Japan Pulp and Paper Co's operating assets for the quarter that ended in Mar. 2026 was 円368,879 Mil. Japan Pulp and Paper Co's operating liabilities for the quarter that ended in Mar. 2026 was 円139,220 Mil. Japan Pulp and Paper Co's Total Assets for the quarter that ended in Dec. 2025 was 円398,363 Mil. Therefore, Japan Pulp and Paper Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.58.


Japan Pulp and Paper Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Japan Pulp and Paper 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.

Japan Pulp and Paper Co Scaled Net Operating Assets Chart

Japan Pulp and Paper Co 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 0.64 0.64 0.58 0.64 0.59

Japan Pulp and Paper Co 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 0.57 0.58 0.58

Japan Pulp and Paper Co Scaled Net Operating Assets Competitor Comparison

For the Paper & Paper Products subindustry, Japan Pulp and Paper 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.


Japan Pulp and Paper Co Scaled Net Operating Assets vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Japan Pulp and Paper Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Japan Pulp and Paper Co's Scaled Net Operating Assets falls into.


TSE:8032
67GF Score
Japan Pulp and Paper Co Ltd TSE:8032
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Pulp and Paper 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.

Japan Pulp and Paper Co'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 )
=(368879-139220)/392234
=0.59

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=394704 - 25825
=368879

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=253796 - 37929 - 76647
=139220

Japan Pulp and Paper Co'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 )
=(368879-139220)/398363
=0.58

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=394704 - 25825
=368879

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=253796 - 37929 - 76647
=139220

* 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 0.58 mean?
Japan Pulp and Paper Co (TSE:8032) has a Scaled Net Operating Assets of 0.58 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 Japan Pulp and Paper Co and its competitors.
Is Japan Pulp and Paper Co's Scaled Net Operating Assets too high?
Japan Pulp and Paper Co's current Scaled Net Operating Assets is 0.58. Overall, Japan Pulp and Paper Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Pulp and Paper Co's Scaled Net Operating Assets compare to competitors?
Japan Pulp and Paper Co's Scaled Net Operating Assets of 0.58 can be compared against companies in the Forest 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 a Forest Products company?
A good Scaled Net Operating Assets depends on the Forest 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 Japan Pulp and Paper Co and its competitors. Japan Pulp and Paper Co's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Pulp and Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Pulp and Paper Co (TSE:8032) is currently considered Significantly Overvalued. The stock's GF Value™ is 円757.08, compared to a current price of 円1,108.00 — trading 46.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.58. Japan Pulp and Paper Co's overall GF Score™ is 67/100 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 Japan Pulp and Paper Co (TSE:8032), the current Scaled Net Operating Assets is 0.58 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 Japan Pulp and Paper Co (TSE:8032) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Pulp and Paper Co stock appears to be overvalued. The current stock price of 円1,108.00 is trading 46.4% above its estimated GF Value™ of 円757.08. GuruFocus considers Japan Pulp and Paper Co to be Significantly Overvalued.

Key valuation signals for TSE:8032:

  • Scaled Net Operating Assets: 0.58
  • GF Value™: 円757.08 vs. price of 円1,108.00 (46.4% above fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the TSE:8032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Pulp and Paper Co Business Description

Address Forefront Tower, 3-12-1 Kachidoki, Chuo-Ku, Tokyo, JPN, 1048656
Japan Pulp and Paper Co Ltd engages in the manufacture, distribution, and sale of pulp, paper-related products, and plastic, among others. Also, the company is involved in real estate leasing and generation and sale of electricity.
67GF Score

Get the complete analysis for TSE:8032

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

円1,108.00
Price
円757.08
GF Value