Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
The Kosei Securities Co's operating assets for the quarter that ended in Mar. 2026 was 円16,890 Mil. The Kosei Securities Co's operating liabilities for the quarter that ended in Mar. 2026 was 円5,756 Mil. The Kosei Securities Co's Total Assets for the quarter that ended in Dec. 2025 was 円22,339 Mil. Therefore, The Kosei Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.50.
The Kosei Securities Co Scaled Net Operating Assets Related Terms
The Kosei Securities Co Scaled Net Operating Assets Historical Data
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The historical data trend for The Kosei Securities 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.
The Kosei Securities Co Scaled Net Operating Assets Chart
TSE:8617 vs MS, GS, SCHW: Scaled Net Operating Assets Comparison
For the Capital Markets subindustry, The Kosei Securities 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.
The Kosei Securities Co Scaled Net Operating Assets vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, The Kosei Securities Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where The Kosei Securities 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 0.50 mean?
The Kosei Securities Co (TSE:8617) has a Scaled Net Operating Assets of 0.50 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 The Kosei Securities Co and its competitors.
Is The Kosei Securities Co's Scaled Net Operating Assets too high?
The Kosei Securities Co's current Scaled Net Operating Assets is 0.50. Overall, The Kosei Securities Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Kosei Securities Co's Scaled Net Operating Assets compare to MS and GS?
The Kosei Securities Co's Scaled Net Operating Assets of 0.50 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 The Kosei Securities Co and its competitors. The Kosei Securities Co's current Scaled Net Operating Assets is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Kosei Securities Co stock overvalued right now?
Based on GuruFocus' analysis, The Kosei Securities Co (TSE:8617) is currently considered Possible Value Trap. The stock's GF Value™ is 円834.76, compared to a current price of 円562.00 — trading 32.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.50. The Kosei Securities Co's overall GF Score™ is 65/100 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 The Kosei Securities Co (TSE:8617), the current Scaled Net Operating Assets is 0.50 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 The Kosei Securities Co (TSE:8617) Overvalued in 2026?
Based on GuruFocus' analysis, The Kosei Securities Co stock appears to be undervalued.
The current stock price of 円562.00 is trading 32.7% below its estimated GF Value™ of 円834.76.
GuruFocus considers The Kosei Securities Co to be Possible Value Trap.
Key valuation signals for TSE:8617:
Scaled Net Operating Assets: 0.50
GF Value™: 円834.76 vs. price of 円562.00 (32.7% below fair value)
No single metric tells the full story. See the TSE:8617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Kosei Securities Co Ltd operates in the capital market industry. The company provides brokerage service, underwriting service, and other services related to securities.
65GF Score
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