Sankyo Kasei (TSE:8138) Scaled Net Operating Assets: 0.45 (As of Mar. 2026)


TSE:8138 Sankyo Kasei Corp TSE:8138
79 GF Score
Price 円4,070.00
GF Value 円3,417.25
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Sankyo Kasei Scaled Net Operating Assets?

Sankyo Kasei TSE:8138 +1.75% 79 Scaled Net Operating Assets is 0.45 as of Mar. 2026. GuruFocus rates TSE:8138 with a GF Score™ of 79/100 and a GF Value™ of 円3,417.25 (Modestly 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.

Sankyo Kasei's operating assets for the quarter that ended in Mar. 2026 was 円12,932 Mil. Sankyo Kasei's operating liabilities for the quarter that ended in Mar. 2026 was 円6,238 Mil. Sankyo Kasei's Total Assets for the quarter that ended in Sep. 2025 was 円14,936 Mil. Therefore, Sankyo Kasei's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.45.


Sankyo Kasei Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sankyo Kasei'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.

Sankyo Kasei Scaled Net Operating Assets Chart

Sankyo Kasei 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 0.52 0.50 0.47 0.44 0.41

Sankyo Kasei 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 0.44 0.48 0.47 0.45 0.45

TSE:8138 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Sankyo Kasei'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.


Sankyo Kasei Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sankyo Kasei's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:8138
79GF Score
Sankyo Kasei Corp TSE:8138
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sankyo Kasei 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.

Sankyo Kasei'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 )
=(12931.693-6237.929)/16178.34
=0.41

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15431.842 - 2500.149
=12931.693

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6237.929 - 0 - 0
=6237.929

Sankyo Kasei'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 )
=(12931.693-6237.929)/14935.625
=0.45

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15431.842 - 2500.149
=12931.693

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6237.929 - 0 - 0
=6237.929

* 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 0.45 mean?
Sankyo Kasei (TSE:8138) has a Scaled Net Operating Assets of 0.45 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 Sankyo Kasei and its competitors.
Is Sankyo Kasei's Scaled Net Operating Assets too high?
Sankyo Kasei's current Scaled Net Operating Assets is 0.45. Overall, Sankyo Kasei has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sankyo Kasei's Scaled Net Operating Assets compare to LIN and SHW?
Sankyo Kasei's Scaled Net Operating Assets of 0.45 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Sankyo Kasei and its competitors. Sankyo Kasei's current Scaled Net Operating Assets is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sankyo Kasei stock overvalued right now?
Based on GuruFocus' analysis, Sankyo Kasei (TSE:8138) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,417.25, compared to a current price of 円4,070.00 — trading 19.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.45. Sankyo Kasei's overall GF Score™ is 79/100 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 Sankyo Kasei (TSE:8138), the current Scaled Net Operating Assets is 0.45 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 Sankyo Kasei (TSE:8138) Overvalued in 2026?

Based on GuruFocus' analysis, Sankyo Kasei stock appears to be overvalued. The current stock price of 円4,070.00 is trading 19.1% above its estimated GF Value™ of 円3,417.25. GuruFocus considers Sankyo Kasei to be Modestly Overvalued.

Key valuation signals for TSE:8138:

  • Scaled Net Operating Assets: 0.45
  • GF Value™: 円3,417.25 vs. price of 円4,070.00 (19.1% above fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the TSE:8138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sankyo Kasei Business Description

Address 1-9-8 Kita-Kuboujicho, Chuo-ku, Kitakyuhoji town, Osaka, JPN
Sankyo Kasei Corp manufactures and markets industrial chemicals, synthetic resins, pigments, paints, poisons, dyes and dyeing auxiliaries. It also imports and exports building materials, electrical equipment and parts, machinery, tools and other general goods. The company has two segments: Science Business and Building Material Business. The company generates the majority of its revenue from the Science Business.
79GF Score

Get the complete analysis for TSE:8138

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

円4,070.00
Price
円3,417.25
GF Value