Casy Co (TSE:9215) Scaled Net Operating Assets: 0.23 (As of Nov. 2025)


TSE:9215 Casy Co Ltd TSE:9215
65 GF Score
Price 円901.00
GF Value 円1,181.04
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Casy Co Scaled Net Operating Assets?

Casy Co TSE:9215 +0.33% 65 Scaled Net Operating Assets is 0.23 as of Nov. 2025. GuruFocus rates TSE:9215 with a GF Score™ of 65/100 and a GF Value™ of 円1,181.04 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Casy Co's operating assets for the quarter that ended in Nov. 2025 was 円354 Mil. Casy Co's operating liabilities for the quarter that ended in Nov. 2025 was 円200 Mil. Casy Co's Total Assets for the quarter that ended in Aug. 2025 was 円663 Mil. Therefore, Casy Co's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.23.


Casy Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Casy 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.

Casy Co Scaled Net Operating Assets Chart

Casy Co Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.19 -0.15 -0.09 0.00 0.29

Casy Co Quarterly Data
Nov19 Nov20 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.13 0.13 0.05 0.23 0.23

TSE:9215 vs UBER, SHOP, CRM: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Casy 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.


Casy Co Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Casy Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:9215
65GF Score
Casy Co Ltd TSE:9215
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Casy 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.

Casy Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2025 )
=(Operating Assets (A: Nov. 2025 )-Operating Liabilities (A: Nov. 2025 ))/Total Assets (A: Nov. 2024 )
=(354.199-200.479)/538.68
=0.29

where

Operating Assets(A: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=652.821 - 298.622
=354.199

Operating Liabilities(A: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=377.51 - 125.884 - 51.147
=200.479

Casy Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2025 )
=(Operating Assets (Q: Nov. 2025 )-Operating Liabilities (Q: Nov. 2025 ))/Total Assets (Q: Aug. 2025 )
=(354.199-200.479)/663.345
=0.23

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=652.821 - 298.622
=354.199

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=377.51 - 125.884 - 51.147
=200.479

* 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 0.23 mean?
Casy Co (TSE:9215) has a Scaled Net Operating Assets of 0.23 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Casy Co and its competitors.
Is Casy Co's Scaled Net Operating Assets too high?
Casy Co's current Scaled Net Operating Assets is 0.23. Overall, Casy Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Casy Co's Scaled Net Operating Assets compare to UBER and SHOP?
Casy Co's Scaled Net Operating Assets of 0.23 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Casy Co and its competitors. Casy Co's current Scaled Net Operating Assets is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casy Co stock overvalued right now?
Based on GuruFocus' analysis, Casy Co (TSE:9215) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,181.04, compared to a current price of 円901.00 — trading 23.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.23. Casy Co's overall GF Score™ is 65/100 with 1 warning sign 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 Casy Co (TSE:9215), the current Scaled Net Operating Assets is 0.23 as of Nov. 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 Casy Co (TSE:9215) Overvalued in 2026?

Based on GuruFocus' analysis, Casy Co stock appears to be undervalued. The current stock price of 円901.00 is trading 23.7% below its estimated GF Value™ of 円1,181.04. GuruFocus considers Casy Co to be Modestly Undervalued.

Key valuation signals for TSE:9215:

  • Scaled Net Operating Assets: 0.23
  • GF Value™: 円1,181.04 vs. price of 円901.00 (23.7% below fair value)
  • GF Score™: 65/100 with 1 warning sign

No single metric tells the full story. See the TSE:9215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Casy Co Business Description

Address 3-5-11 Kamiosaki, Shinagawa-ku, Tokyo, JPN, 141-0021
Casy Co Ltd is engaged in managing home service platform including housekeeping to create valuable time of life.
65GF Score

Get the complete analysis for TSE:9215

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

円901.00
Price
円1,181.04
GF Value