Azuma Shipping Co (TSE:9380) Scaled Net Operating Assets: 0.63 (As of Mar. 2026)

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TSE:9380 Azuma Shipping Co Ltd TSE:9380
63 GF Score
Price 円415.00
GF Value 円325.06
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Azuma Shipping Co Scaled Net Operating Assets?

Azuma Shipping Co TSE:9380 +0.48% 63 Scaled Net Operating Assets is 0.63 as of Mar. 2026. GuruFocus rates TSE:9380 with a GF Score™ of 63/100 and a GF Value™ of 円325.06 (Modestly Overvalued). The stock has 5 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.

Azuma Shipping Co's operating assets for the quarter that ended in Mar. 2026 was 円38,277 Mil. Azuma Shipping Co's operating liabilities for the quarter that ended in Mar. 2026 was 円12,476 Mil. Azuma Shipping Co's Total Assets for the quarter that ended in Sep. 2025 was 円40,986 Mil. Therefore, Azuma Shipping Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.63.


Azuma Shipping Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Azuma Shipping 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.

Azuma Shipping Co Scaled Net Operating Assets Chart

Azuma Shipping Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.49 0.53 0.59 0.63

Azuma Shipping Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.52 0.52 0.55 0.53 0.63

Azuma Shipping Co Scaled Net Operating Assets Competitor Comparison

For the Marine Shipping subindustry, Azuma Shipping 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.


Azuma Shipping Co Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Azuma Shipping Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:9380
63GF Score
Azuma Shipping Co Ltd TSE:9380
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Azuma Shipping 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.

Azuma Shipping Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(38277.302-12476.251)/41162.885
=0.63

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=44110.427 - 5833.125
=38277.302

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25477.517 - 9631.683 - 3369.583
=12476.251

Azuma Shipping Co'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: Sep. 2025 )
=(38277.302-12476.251)/40986.044
=0.63

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=44110.427 - 5833.125
=38277.302

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25477.517 - 9631.683 - 3369.583
=12476.251

* 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 0.63 mean?
Azuma Shipping Co (TSE:9380) has a Scaled Net Operating Assets of 0.63 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 Azuma Shipping Co and its competitors.
Is Azuma Shipping Co's Scaled Net Operating Assets too high?
Azuma Shipping Co's current Scaled Net Operating Assets is 0.63. Overall, Azuma Shipping Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azuma Shipping Co's Scaled Net Operating Assets compare to competitors?
Azuma Shipping Co's Scaled Net Operating Assets of 0.63 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Azuma Shipping Co and its competitors. Azuma Shipping Co's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azuma Shipping Co stock overvalued right now?
Based on GuruFocus' analysis, Azuma Shipping Co (TSE:9380) is currently considered Modestly Overvalued. The stock's GF Value™ is 円325.06, compared to a current price of 円415.00 — trading 27.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.63. Azuma Shipping Co's overall GF Score™ is 63/100 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 Azuma Shipping Co (TSE:9380), the current Scaled Net Operating Assets is 0.63 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 Azuma Shipping Co (TSE:9380) Overvalued in 2026?

Based on GuruFocus' analysis, Azuma Shipping Co stock appears to be overvalued. The current stock price of 円415.00 is trading 27.7% above its estimated GF Value™ of 円325.06. GuruFocus considers Azuma Shipping Co to be Modestly Overvalued.

Key valuation signals for TSE:9380:

  • Scaled Net Operating Assets: 0.63
  • GF Value™: 円325.06 vs. price of 円415.00 (27.7% above fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the TSE:9380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azuma Shipping Co Business Description

Address 3-2, Nihonbashi Hamacho 3-Chome, Tokyo, JPN
Azuma Shipping Co Ltd is engaged in port transportation, maritime transportation, inland navigation business, freight car transportation, warehousing, sale and repair of the ship, cargo transportation, customs brokerage, supervision and consultancy of new ship creation and repair.
63GF Score

Get the complete analysis for TSE:9380

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

円415.00
Price
円325.06
GF Value