Shinanen Holdings Co (TSE:8132) Scaled Net Operating Assets: 0.44 (As of Mar. 2026)

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TSE:8132 Shinanen Holdings Co Ltd TSE:8132
63 GF Score
Price 円7,020.00
GF Value 円5,233.78
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Shinanen Holdings Co Scaled Net Operating Assets?

Shinanen Holdings Co TSE:8132 +1.30% 63 Scaled Net Operating Assets is 0.44 as of Mar. 2026. GuruFocus rates TSE:8132 with a GF Score™ of 63/100 and a GF Value™ of 円5,233.78 (Significantly Overvalued). The stock has 2 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.

Shinanen Holdings Co's operating assets for the quarter that ended in Mar. 2026 was 円91,212 Mil. Shinanen Holdings Co's operating liabilities for the quarter that ended in Mar. 2026 was 円43,029 Mil. Shinanen Holdings Co's Total Assets for the quarter that ended in Dec. 2025 was 円110,340 Mil. Therefore, Shinanen Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.44.


Shinanen Holdings Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Shinanen Holdings 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.

Shinanen Holdings Co Scaled Net Operating Assets Chart

Shinanen Holdings 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 0.51 0.48 0.53 0.45 0.46

Shinanen Holdings Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.56 0.44 0.52 0.47 0.44

TSE:8132 vs VLO, MPC, PSX: Scaled Net Operating Assets Comparison

For the Oil & Gas Refining & Marketing subindustry, Shinanen Holdings 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.


Shinanen Holdings Co Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shinanen Holdings Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:8132
63GF Score
Shinanen Holdings Co Ltd TSE:8132
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinanen Holdings 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.

Shinanen Holdings 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 )
=(91212-43029)/105934
=0.45

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=108083 - 16871
=91212

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47960 - 2292 - 2639
=43029

Shinanen Holdings 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 )
=(91212-43029)/110340
=0.44

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=108083 - 16871
=91212

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47960 - 2292 - 2639
=43029

* 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 0.44 mean?
Shinanen Holdings Co (TSE:8132) has a Scaled Net Operating Assets of 0.44 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 Shinanen Holdings Co and its competitors.
Is Shinanen Holdings Co's Scaled Net Operating Assets too high?
Shinanen Holdings Co's current Scaled Net Operating Assets is 0.44. Overall, Shinanen Holdings Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinanen Holdings Co's Scaled Net Operating Assets compare to VLO and MPC?
Shinanen Holdings Co's Scaled Net Operating Assets of 0.44 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 Shinanen Holdings Co and its competitors. Shinanen Holdings Co's current Scaled Net Operating Assets is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinanen Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Shinanen Holdings Co (TSE:8132) is currently considered Significantly Overvalued. The stock's GF Value™ is 円5,233.78, compared to a current price of 円7,020.00 — trading 34.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.44. Shinanen Holdings Co's overall GF Score™ is 63/100 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 Shinanen Holdings Co (TSE:8132), the current Scaled Net Operating Assets is 0.44 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 Shinanen Holdings Co (TSE:8132) Overvalued in 2026?

Based on GuruFocus' analysis, Shinanen Holdings Co stock appears to be overvalued. The current stock price of 円7,020.00 is trading 34.1% above its estimated GF Value™ of 円5,233.78. GuruFocus considers Shinanen Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:8132:

  • Scaled Net Operating Assets: 0.44
  • GF Value™: 円5,233.78 vs. price of 円7,020.00 (34.1% above fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the TSE:8132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinanen Holdings Co Business Description

Industry EnergyOil & Gas
Address 1-39-20 Higashi-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-0002
Sinanen Holdings Co Ltd is a Japan-based company. It is engaged in four business segments namely: Petroleum business which involves selling liquefied petroleum gas and operation of gas stations; Electricity business; Solution business which provides support for reducing energy costs and reducing CO2 emissions, and FABHEAT business that involves support safety and security in local areas and generate stable solar power in cold, snowy regions.
63GF Score

Get the complete analysis for TSE:8132

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

円7,020.00
Price
円5,233.78
GF Value