Aso International (TSE:9340) Scaled Net Operating Assets: 0.35 (As of Mar. 2026)

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TSE:9340 Aso International Inc TSE:9340
69 GF Score
Price 円705.00
GF Value 円674.10
Valuation Fairly Valued
! 1 Warning Sign
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What is Aso International Scaled Net Operating Assets?

Aso International TSE:9340 +0.14% 69 Scaled Net Operating Assets is 0.35 as of Mar. 2026. GuruFocus rates TSE:9340 with a GF Score™ of 69/100 and a GF Value™ of 円674.10 (Fairly Valued). 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.

Aso International's operating assets for the quarter that ended in Mar. 2026 was 円1,608 Mil. Aso International's operating liabilities for the quarter that ended in Mar. 2026 was 円386 Mil. Aso International's Total Assets for the quarter that ended in Dec. 2025 was 円3,492 Mil. Therefore, Aso International's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.35.


Aso International Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Aso International'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.

Aso International Scaled Net Operating Assets Chart

Aso International Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.28 0.34 0.31 0.31 0.40

Aso International Quarterly Data
Jun21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.32 0.31 0.32 0.35 0.38

TSE:9340 vs ISRG, BDX, MDLN: Scaled Net Operating Assets Comparison

For the Medical Instruments & Supplies subindustry, Aso International'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.


Aso International Scaled Net Operating Assets vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Aso International's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:9340
69GF Score
Aso International Inc TSE:9340
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aso International 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.

Aso International's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(1385.611-400.821)/3184.903
=0.31

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3330.954 - 1945.343
=1385.611

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=400.821 - 0 - 0
=400.821

Aso International'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 )
=(1607.823-385.824)/3491.811
=0.35

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3466.353 - 1858.53
=1607.823

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=385.824 - 0 - 0
=385.824

* 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 0.35 mean?
Aso International (TSE:9340) has a Scaled Net Operating Assets of 0.35 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 Aso International and its competitors.
Is Aso International's Scaled Net Operating Assets too high?
Aso International's current Scaled Net Operating Assets is 0.35. Overall, Aso International has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aso International's Scaled Net Operating Assets compare to ISRG and BDX?
Aso International's Scaled Net Operating Assets of 0.35 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Scaled Net Operating Assets depends on the Medical Devices & Instruments 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 Aso International and its competitors. Aso International's current Scaled Net Operating Assets is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aso International stock overvalued right now?
Based on GuruFocus' analysis, Aso International (TSE:9340) is currently considered Fairly Valued. The stock's GF Value™ is 円674.10, compared to a current price of 円705.00 — trading 4.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.35. Aso International's overall GF Score™ is 69/100 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 Aso International (TSE:9340), the current Scaled Net Operating Assets is 0.35 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 Aso International (TSE:9340) Overvalued in 2026?

Based on GuruFocus' analysis, Aso International stock appears to be overvalued. The current stock price of 円705.00 is trading 4.6% above its estimated GF Value™ of 円674.10. GuruFocus considers Aso International to be Fairly Valued.

Key valuation signals for TSE:9340:

  • Scaled Net Operating Assets: 0.35
  • GF Value™: 円674.10 vs. price of 円705.00 (4.6% above fair value)
  • GF Score™: 69/100 with 1 warning sign

No single metric tells the full story. See the TSE:9340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aso International Business Description

Address 2-11-8 Ginza, 22nd Central Building, 3rd Floor, Chuo-ku, Tokyo, JPN, 104-0061
Aso International Inc is engaged in the manufacturing and sale of orthodontic appliances. The company mainly manufactures and supplies custom-made orthodontic dental prostheses to dental medical institutions. Its product portfolio comprises Aso Liner, Specter 4D Print Retainer, 3D printers for dental prostheses, Harmony, a lingual orthodontic system, and various types of retainers, among others. The group operates in a single segment, the orthodontic business.
69GF Score

Get the complete analysis for TSE:9340

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

円705.00
Price
円674.10
GF Value