Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Laox Holdings Co's operating assets for the quarter that ended in Dec. 2025 was 円33,452 Mil. Laox Holdings Co's operating liabilities for the quarter that ended in Dec. 2025 was 円16,739 Mil. Laox Holdings Co's Total Assets for the quarter that ended in Sep. 2025 was 円38,611 Mil. Therefore, Laox Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.43.
Laox Holdings Co Scaled Net Operating Assets Related Terms
Laox Holdings Co Scaled Net Operating Assets Historical Data
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The historical data trend for Laox 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.
Laox Holdings Co Scaled Net Operating Assets Chart
TSE:8202 vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison
For the Specialty Retail subindustry, Laox 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.
Laox Holdings Co Scaled Net Operating Assets vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Laox Holdings Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Laox Holdings Co's Scaled Net Operating Assets falls into.
* 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 0.43 mean?
Laox Holdings Co (TSE:8202) has a Scaled Net Operating Assets of 0.43 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Laox Holdings Co and its competitors.
Is Laox Holdings Co's Scaled Net Operating Assets too high?
Laox Holdings Co's current Scaled Net Operating Assets is 0.43. Overall, Laox Holdings Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Laox Holdings Co's Scaled Net Operating Assets compare to CASY and WSM?
Laox Holdings Co's Scaled Net Operating Assets of 0.43 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Laox Holdings Co and its competitors. Laox Holdings Co's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laox Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Laox Holdings Co (TSE:8202) is currently considered Possible Value Trap. The stock's GF Value™ is 円212.86, compared to a current price of 円146.00 — trading 31.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.43. Laox Holdings Co's overall GF Score™ is 48/100 with 8 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 Laox Holdings Co (TSE:8202), the current Scaled Net Operating Assets is 0.43 as of Dec. 2025. 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 Laox Holdings Co (TSE:8202) Overvalued in 2026?
Based on GuruFocus' analysis, Laox Holdings Co stock appears to be undervalued.
The current stock price of 円146.00 is trading 31.4% below its estimated GF Value™ of 円212.86.
GuruFocus considers Laox Holdings Co to be Possible Value Trap.
Key valuation signals for TSE:8202:
Scaled Net Operating Assets: 0.43
GF Value™: 円212.86 vs. price of 円146.00 (31.4% below fair value)
No single metric tells the full story. See the TSE:8202 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Laox Holdings Co Ltd is a Japan-based Duty-Free store company. It is engaged in the Gift Solutions, Retail, Trading, and Asset Services. The Retail business includes various products which it sells in real stores and through online sales, Gift Solutions business consists Sales of gift items and lifestyle-related products, and others. The Trading business through the import and export of private label products, etc., and Asset Services Business involves the operation and management of mixed-use commercial facilities, real estate sales and brokerage, and rental property management.
48GF Score
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