Narasakingyo Co (TSE:8085) Scaled Net Operating Assets: 0.33 (As of Mar. 2026)

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TSE:8085 Narasaki Sangyo Co Ltd TSE:8085
77 GF Score
Price 円4,130.00
GF Value 円3,428.20
Valuation Modestly Overvalued
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What is Narasakingyo Co Scaled Net Operating Assets?

Narasakingyo Co TSE:8085 77 Scaled Net Operating Assets is 0.33 as of Mar. 2026. GuruFocus rates TSE:8085 with a GF Score™ of 77/100 and a GF Value™ of 円3,428.20 (Modestly Overvalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Narasakingyo Co's operating assets for the quarter that ended in Mar. 2026 was 円49,086 Mil. Narasakingyo Co's operating liabilities for the quarter that ended in Mar. 2026 was 円30,104 Mil. Narasakingyo Co's Total Assets for the quarter that ended in Sep. 2025 was 円57,504 Mil. Therefore, Narasakingyo Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.33.


Narasakingyo Co Scaled Net Operating Assets Historical Data

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The historical data trend for Narasakingyo 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.

Narasakingyo Co Scaled Net Operating Assets Chart

Narasakingyo 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 0.24 0.24 0.23 0.27 0.34

Narasakingyo Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.22 0.21 0.31 0.29 0.33

TSE:8085 vs GWW, FAST, FERG: Scaled Net Operating Assets Comparison

For the Industrial Distribution subindustry, Narasakingyo 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.


Narasakingyo Co Scaled Net Operating Assets vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Narasakingyo Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:8085
77GF Score
Narasaki Sangyo Co Ltd TSE:8085
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Narasakingyo 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.

Narasakingyo 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 )
=(49086-30104)/56479
=0.34

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=62579 - 13493
=49086

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=33063 - 1248 - 1711
=30104

Narasakingyo 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: Sep. 2025 )
=(49086-30104)/57504
=0.33

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=62579 - 13493
=49086

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=33063 - 1248 - 1711
=30104

* 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 0.33 mean?
Narasakingyo Co (TSE:8085) has a Scaled Net Operating Assets of 0.33 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 Narasakingyo Co and its competitors.
Is Narasakingyo Co's Scaled Net Operating Assets too high?
Narasakingyo Co's current Scaled Net Operating Assets is 0.33. Overall, Narasakingyo Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Narasakingyo Co's Scaled Net Operating Assets compare to GWW and FAST?
Narasakingyo Co's Scaled Net Operating Assets of 0.33 can be compared against companies in the Industrial Distribution 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 Distribution company?
A good Scaled Net Operating Assets depends on the Industrial Distribution 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 Narasakingyo Co and its competitors. Narasakingyo Co's current Scaled Net Operating Assets is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narasakingyo Co stock overvalued right now?
Based on GuruFocus' analysis, Narasakingyo Co (TSE:8085) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,428.20, compared to a current price of 円4,130.00 — trading 20.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.33. Narasakingyo Co's overall GF Score™ is 77/100. 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 Narasakingyo Co (TSE:8085), the current Scaled Net Operating Assets is 0.33 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 Narasakingyo Co (TSE:8085) Overvalued in 2026?

Based on GuruFocus' analysis, Narasakingyo Co stock appears to be overvalued. The current stock price of 円4,130.00 is trading 20.5% above its estimated GF Value™ of 円3,428.20. GuruFocus considers Narasakingyo Co to be Modestly Overvalued.

Key valuation signals for TSE:8085:

  • Scaled Net Operating Assets: 0.33
  • GF Value™: 円3,428.20 vs. price of 円4,130.00 (20.5% above fair value)
  • GF Score™: 77/100

No single metric tells the full story. See the TSE:8085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Narasakingyo Co Business Description

Address Presto 1.7 Buliduing, 7-1, Kitaichijo-Nishi, Chuo-ku, Sapporo, JPN, 060-0001
Narasaki Sangyo Co Ltd is primarily engaged in the sale of industrial equipment. The company operates principally in seven business divisions organized on the basis of product lines- Electric Machinery and Equipment, Building Equipment, FA And High-performance Materials, Industrial Equipment and Agricultural Implements, Construction Machinery, Construction Materials and Energy. The product range comprises factory automation components, optimal air conditioning and sanitation equipment, freezing and refrigerating equipment, elevators, power receiving/transforming facilities, and petroleum products to industry and households.
77GF Score

Get the complete analysis for TSE:8085

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

円4,130.00
Price
円3,428.20
GF Value