On The Page (TSE:9160) Scaled Net Operating Assets: 0.57 (As of Mar. 2026)


TSE:9160 On The Page Inc TSE:9160
62 GF Score
Price 円295.00
GF Value 円501.87
Valuation Possible Value Trap
! 6 Warning Signs
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What is On The Page Scaled Net Operating Assets?

On The Page TSE:9160 +0.34% 62 Scaled Net Operating Assets is 0.57 as of Mar. 2026. GuruFocus rates TSE:9160 with a GF Score™ of 62/100 and a GF Value™ of 円501.87 (Possible Value Trap). The stock has 6 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.

On The Page's operating assets for the quarter that ended in Mar. 2026 was 円34,205 Mil. On The Page's operating liabilities for the quarter that ended in Mar. 2026 was 円13,347 Mil. On The Page's Total Assets for the quarter that ended in Dec. 2025 was 円36,823 Mil. Therefore, On The Page's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.57.


On The Page Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for On The Page'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.

On The Page Scaled Net Operating Assets Chart

On The Page Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 1.30 0.61 0.58 0.55

On The Page Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 0.59 0.57 0.55 0.57

TSE:9160 vs ROL, SCI, FTDR: Scaled Net Operating Assets Comparison

For the Personal Services subindustry, On The Page'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.


On The Page Scaled Net Operating Assets vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, On The Page's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:9160
62GF Score
On The Page Inc TSE:9160
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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On The Page 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.

On The Page's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(33387.689-14342.881)/34732.123
=0.55

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=36823.406 - 3435.717
=33387.689

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26714.356 - 7911.914 - 4459.561
=14342.881

On The Page'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 )
=(34205.137-13346.682)/36823.406
=0.57

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=36463.906 - 2258.769
=34205.137

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26474.82 - 9247.113 - 3881.025
=13346.682

* 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 0.57 mean?
On The Page (TSE:9160) has a Scaled Net Operating Assets of 0.57 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 On The Page and its competitors.
Is On The Page's Scaled Net Operating Assets too high?
On The Page's current Scaled Net Operating Assets is 0.57. Overall, On The Page has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does On The Page's Scaled Net Operating Assets compare to ROL and SCI?
On The Page's Scaled Net Operating Assets of 0.57 can be compared against companies in the Personal Services 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 Personal Services company?
A good Scaled Net Operating Assets depends on the Personal Services 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 On The Page and its competitors. On The Page's current Scaled Net Operating Assets is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is On The Page stock overvalued right now?
Based on GuruFocus' analysis, On The Page (TSE:9160) is currently considered Possible Value Trap. The stock's GF Value™ is 円501.87, compared to a current price of 円295.00 — trading 41.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.57. On The Page's overall GF Score™ is 62/100 with 6 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 On The Page (TSE:9160), the current Scaled Net Operating Assets is 0.57 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 On The Page (TSE:9160) Overvalued in 2026?

Based on GuruFocus' analysis, On The Page stock appears to be undervalued. The current stock price of 円295.00 is trading 41.2% below its estimated GF Value™ of 円501.87. GuruFocus considers On The Page to be Possible Value Trap.

Key valuation signals for TSE:9160:

  • Scaled Net Operating Assets: 0.57
  • GF Value™: 円501.87 vs. price of 円295.00 (41.2% below fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the TSE:9160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


On The Page Business Description

Address 1-8-14 Ginza, Chuo-ku, Ginza YOMIKO Building, 4th Floor, Tokyo, JPN, 104-0061
On The Page Inc offers 'Guest House' wedding services. The Company provides rental services for wedding clothing and accessories and operates restaurant business including wedding-food catering services. The services of the company include wedding planning, wedding costume business, restaurant business, hotel business, banquet business, hair and makeup business, photography, video production, floral arrangement, and other related services.
62GF Score

Get the complete analysis for TSE:9160

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

円295.00
Price
円501.87
GF Value