BSN Media Holdings (TSE:9408) Scaled Net Operating Assets: 0.59 (As of Mar. 2026)


TSE:9408 BSN Media Holdings Inc TSE:9408
61 GF Score
Price 円2,502.00
GF Value 円1,901.05
Valuation Significantly Overvalued
! 2 Warning Signs
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What is BSN Media Holdings Scaled Net Operating Assets?

BSN Media Holdings TSE:9408 -3.10% 61 Scaled Net Operating Assets is 0.59 as of Mar. 2026. GuruFocus rates TSE:9408 with a GF Score™ of 61/100 and a GF Value™ of 円1,901.05 (Significantly Overvalued). The stock has 2 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.

BSN Media Holdings's operating assets for the quarter that ended in Mar. 2026 was 円27,339 Mil. BSN Media Holdings's operating liabilities for the quarter that ended in Mar. 2026 was 円7,419 Mil. BSN Media Holdings's Total Assets for the quarter that ended in Sep. 2025 was 円34,039 Mil. Therefore, BSN Media Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.59.


BSN Media Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for BSN Media Holdings'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.

BSN Media Holdings Scaled Net Operating Assets Chart

BSN Media Holdings 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 0.54 0.60 0.56 0.60

BSN Media Holdings 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 0.59 0.52 0.57 0.55 0.59

TSE:9408 vs IBM, ACN, FISV: Scaled Net Operating Assets Comparison

For the Information Technology Services subindustry, BSN Media Holdings'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.


BSN Media Holdings Scaled Net Operating Assets vs Software Industry

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

* The bar in red indicates where BSN Media Holdings's Scaled Net Operating Assets falls into.


TSE:9408
61GF Score
BSN Media Holdings Inc TSE:9408
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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BSN Media Holdings 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.

BSN Media Holdings'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 )
=(27339.232-7418.847)/33314.508
=0.60

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=36937.572 - 9598.34
=27339.232

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8927.482 - 812.14 - 696.495
=7418.847

BSN Media Holdings'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 )
=(27339.232-7418.847)/34039.382
=0.59

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=36937.572 - 9598.34
=27339.232

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8927.482 - 812.14 - 696.495
=7418.847

* 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 0.59 mean?
BSN Media Holdings (TSE:9408) has a Scaled Net Operating Assets of 0.59 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 BSN Media Holdings and its competitors.
Is BSN Media Holdings' Scaled Net Operating Assets too high?
BSN Media Holdings' current Scaled Net Operating Assets is 0.59. Overall, BSN Media Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BSN Media Holdings' Scaled Net Operating Assets compare to IBM and ACN?
BSN Media Holdings' Scaled Net Operating Assets of 0.59 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 BSN Media Holdings and its competitors. BSN Media Holdings's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BSN Media Holdings stock overvalued right now?
Based on GuruFocus' analysis, BSN Media Holdings (TSE:9408) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,901.05, compared to a current price of 円2,502.00 — trading 31.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.59. BSN Media Holdings' overall GF Score™ is 61/100 with 2 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 BSN Media Holdings (TSE:9408), the current Scaled Net Operating Assets is 0.59 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 BSN Media Holdings (TSE:9408) Overvalued in 2026?

Based on GuruFocus' analysis, BSN Media Holdings stock appears to be overvalued. The current stock price of 円2,502.00 is trading 31.6% above its estimated GF Value™ of 円1,901.05. GuruFocus considers BSN Media Holdings to be Significantly Overvalued.

Key valuation signals for TSE:9408:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: 円1,901.05 vs. price of 円2,502.00 (31.6% above fair value)
  • GF Score™: 61/100 with 2 warning signs

No single metric tells the full story. See the TSE:9408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BSN Media Holdings Business Description

Address 3-18 Kawagishi-cho, Niigata, JPN, 951-8655
BSN Media Holdings Inc is engaged in basic broadcasting and general broadcasting business. The business activities of the company include planning, production, and sale of broadcast programs, entertainment of various kinds of events like art, music, and sports, and publications. The company's operating segments are Broadcasting Business, System-related Business, Building Services, and Other Businesses. The Broadcasting Business is mainly engaged in general radio and television broadcasting. The System-related business is mainly engaged in IT solution-related businesses such as system integration. The Building Services and Other Business is mainly engaged in building management and real estate business. The majority of its revenue is generated from the System-related Business.
61GF Score

Get the complete analysis for TSE:9408

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

円2,502.00
Price
円1,901.05
GF Value