Lapine Co (TSE:8143) Scaled Net Operating Assets: 0.68 (As of Feb. 2026)

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TSE:8143 Lapine Co Ltd TSE:8143
32 GF Score
Price 円140.00
GF Value 円190.61
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Lapine Co Scaled Net Operating Assets?

Lapine Co TSE:8143 -0.71% 32 Scaled Net Operating Assets is 0.68 as of Feb. 2026. GuruFocus rates TSE:8143 with a GF Score™ of 32/100 and a GF Value™ of 円190.61 (Modestly Undervalued). The stock has 5 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.

Lapine Co's operating assets for the quarter that ended in Feb. 2026 was 円2,757 Mil. Lapine Co's operating liabilities for the quarter that ended in Feb. 2026 was 円721 Mil. Lapine Co's Total Assets for the quarter that ended in Nov. 2025 was 円3,005 Mil. Therefore, Lapine Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.68.


Lapine Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Lapine 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.

Lapine Co Scaled Net Operating Assets Chart

Lapine Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.24 0.32 0.48 0.67

Lapine Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.54 0.60 0.66 0.68 0.60

TSE:8143 vs RL, LEVI, VFC: Scaled Net Operating Assets Comparison

For the Apparel Manufacturing subindustry, Lapine 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.


Lapine Co Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lapine Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:8143
32GF Score
Lapine Co Ltd TSE:8143
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lapine 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.

Lapine Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2026 )
=(Operating Assets (A: Feb. 2026 )-Operating Liabilities (A: Feb. 2026 ))/Total Assets (A: Feb. 2025 )
=(2756.803-721.091)/3041.286
=0.67

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3247.128 - 490.325
=2756.803

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2500.475 - 590.328 - 1189.056
=721.091

Lapine 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: Nov. 2025 )
=(2756.803-721.091)/3004.947
=0.68

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3247.128 - 490.325
=2756.803

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2500.475 - 590.328 - 1189.056
=721.091

* 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 0.68 mean?
Lapine Co (TSE:8143) has a Scaled Net Operating Assets of 0.68 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 Lapine Co and its competitors.
Is Lapine Co's Scaled Net Operating Assets too high?
Lapine Co's current Scaled Net Operating Assets is 0.68. Overall, Lapine Co has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lapine Co's Scaled Net Operating Assets compare to RL and LEVI?
Lapine Co's Scaled Net Operating Assets of 0.68 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 Lapine Co and its competitors. Lapine Co's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lapine Co stock overvalued right now?
Based on GuruFocus' analysis, Lapine Co (TSE:8143) is currently considered Modestly Undervalued. The stock's GF Value™ is 円190.61, compared to a current price of 円140.00 — trading 26.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. Lapine Co's overall GF Score™ is 32/100 with 5 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 Lapine Co (TSE:8143), the current Scaled Net Operating Assets is 0.68 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 Lapine Co (TSE:8143) Overvalued in 2026?

Based on GuruFocus' analysis, Lapine Co stock appears to be undervalued. The current stock price of 円140.00 is trading 26.6% below its estimated GF Value™ of 円190.61. GuruFocus considers Lapine Co to be Modestly Undervalued.

Key valuation signals for TSE:8143:

  • Scaled Net Operating Assets: 0.68
  • GF Value™: 円190.61 vs. price of 円140.00 (26.6% below fair value)
  • GF Score™: 32/100 with 5 warning signs

No single metric tells the full story. See the TSE:8143 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lapine Co Business Description

Address 17 Higashimatsushitacho, Kanda, Chiyoda-ku, Osaka, JPN, 530-0043
Lapine Co Ltd is engaged in the planning, manufacture, and sale of women's clothing and fashion accessories in Japan. It offers jackets, pants, blouses, cuts, dresses, sweaters, and skirts.
32GF Score

Get the complete analysis for TSE:8143

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

円140.00
Price
円190.61
GF Value