Bell-Park Co (TSE:9441) Scaled Net Operating Assets: 0.31 (As of Dec. 2025)


TSE:9441 Bell-Park Co Ltd TSE:9441
71 GF Score
Price 円2,521.00
GF Value 円2,488.29
Valuation Fairly Valued
! 1 Warning Sign
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What is Bell-Park Co Scaled Net Operating Assets?

Bell-Park Co TSE:9441 +0.60% 71 Scaled Net Operating Assets is 0.31 as of Dec. 2025. GuruFocus rates TSE:9441 with a GF Score™ of 71/100 and a GF Value™ of 円2,488.29 (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.

Bell-Park Co's operating assets for the quarter that ended in Dec. 2025 was 円30,173 Mil. Bell-Park Co's operating liabilities for the quarter that ended in Dec. 2025 was 円16,597 Mil. Bell-Park Co's Total Assets for the quarter that ended in Sep. 2025 was 円43,416 Mil. Therefore, Bell-Park Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.31.


Bell-Park Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Bell-Park 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.

Bell-Park Co Scaled Net Operating Assets Chart

Bell-Park Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.29 0.28 0.30 0.27

Bell-Park Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 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 0.32 0.25 0.33 0.31 0.32

TSE:9441 vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Bell-Park 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.


Bell-Park Co Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bell-Park Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:9441
71GF Score
Bell-Park Co Ltd TSE:9441
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Bell-Park 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.

Bell-Park Co'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 )
=(30173.389-16596.855)/50663.726
=0.27

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=43597.641 - 13424.252
=30173.389

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16646.855 - 50 - 0
=16596.855

Bell-Park Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(30173.389-16596.855)/43416.175
=0.31

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=43597.641 - 13424.252
=30173.389

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16646.855 - 50 - 0
=16596.855

* 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 0.31 mean?
Bell-Park Co (TSE:9441) has a Scaled Net Operating Assets of 0.31 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Bell-Park Co and its competitors.
Is Bell-Park Co's Scaled Net Operating Assets too high?
Bell-Park Co's current Scaled Net Operating Assets is 0.31. Overall, Bell-Park Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bell-Park Co's Scaled Net Operating Assets compare to CASY and WSM?
Bell-Park Co's Scaled Net Operating Assets of 0.31 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Bell-Park Co and its competitors. Bell-Park Co's current Scaled Net Operating Assets is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bell-Park Co stock overvalued right now?
Based on GuruFocus' analysis, Bell-Park Co (TSE:9441) is currently considered Fairly Valued. The stock's GF Value™ is 円2,488.29, compared to a current price of 円2,521.00 — trading 1.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.31. Bell-Park Co's overall GF Score™ is 71/100 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 Bell-Park Co (TSE:9441), the current Scaled Net Operating Assets is 0.31 as of Dec. 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 Bell-Park Co (TSE:9441) Overvalued in 2026?

Based on GuruFocus' analysis, Bell-Park Co stock appears to be overvalued. The current stock price of 円2,521.00 is trading 1.3% above its estimated GF Value™ of 円2,488.29. GuruFocus considers Bell-Park Co to be Fairly Valued.

Key valuation signals for TSE:9441:

  • Scaled Net Operating Assets: 0.31
  • GF Value™: 円2,488.29 vs. price of 円2,521.00 (1.3% above fair value)
  • GF Score™: 71/100 with 1 warning sign

No single metric tells the full story. See the TSE:9441 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bell-Park Co Business Description

Address 1-4-12, Hirakawacho, 6th, 7th, 8th, 9th Floor, Hirakawacho Center Building, Chiyoda-ku, Tokyo, JPN, 102-0093
Bell-Park Co Ltd is engaged in the selling of mobile communication handsets and buying, selling, repair, and maintenance of mobile communication handsets, and other office equipment. The Group operates in a single segment, which is the Information and Communications Equipment Sales and Services Business.
71GF Score

Get the complete analysis for TSE:9441

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

円2,521.00
Price
円2,488.29
GF Value