Subaru Enterprise Co (TSE:9632) Scaled Net Operating Assets: 0.56 (As of Jan. 2026)


TSE:9632 Subaru Enterprise Co Ltd TSE:9632
74 GF Score
Price 円3,545.00
GF Value 円3,020.98
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Subaru Enterprise Co Scaled Net Operating Assets?

Subaru Enterprise Co TSE:9632 -0.70% 74 Scaled Net Operating Assets is 0.56 as of Jan. 2026. GuruFocus rates TSE:9632 with a GF Score™ of 74/100 and a GF Value™ of 円3,020.98 (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.

Subaru Enterprise Co's operating assets for the quarter that ended in Jan. 2026 was 円30,290 Mil. Subaru Enterprise Co's operating liabilities for the quarter that ended in Jan. 2026 was 円6,777 Mil. Subaru Enterprise Co's Total Assets for the quarter that ended in Jul. 2025 was 円42,247 Mil. Therefore, Subaru Enterprise Co's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.56.


Subaru Enterprise Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Subaru Enterprise 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.

Subaru Enterprise Co Scaled Net Operating Assets Chart

Subaru Enterprise Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.52 0.59 0.61 0.58

Subaru Enterprise Co Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.57 0.51 0.60 0.53 0.56

TSE:9632 vs CTAS, CPRT, ULS: Scaled Net Operating Assets Comparison

For the Specialty Business Services subindustry, Subaru Enterprise 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.


Subaru Enterprise Co Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Subaru Enterprise Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:9632
74GF Score
Subaru Enterprise Co Ltd TSE:9632
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Subaru Enterprise 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.

Subaru Enterprise Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2026 )
=(Operating Assets (A: Jan. 2026 )-Operating Liabilities (A: Jan. 2026 ))/Total Assets (A: Jan. 2025 )
=(30290.356-6777.009)/40822.192
=0.58

where

Operating Assets(A: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=43828.047 - 13537.691
=30290.356

Operating Liabilities(A: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6780.336 - 2.153 - 1.174
=6777.009

Subaru Enterprise Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Jul. 2025 )
=(30290.356-6777.009)/42247.199
=0.56

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=43828.047 - 13537.691
=30290.356

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6780.336 - 2.153 - 1.174
=6777.009

* 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 0.56 mean?
Subaru Enterprise Co (TSE:9632) has a Scaled Net Operating Assets of 0.56 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Subaru Enterprise Co and its competitors.
Is Subaru Enterprise Co's Scaled Net Operating Assets too high?
Subaru Enterprise Co's current Scaled Net Operating Assets is 0.56. Overall, Subaru Enterprise Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Subaru Enterprise Co's Scaled Net Operating Assets compare to CTAS and CPRT?
Subaru Enterprise Co's Scaled Net Operating Assets of 0.56 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 Subaru Enterprise Co and its competitors. Subaru Enterprise Co's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Subaru Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Subaru Enterprise Co (TSE:9632) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,020.98, compared to a current price of 円3,545.00 — trading 17.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.56. Subaru Enterprise Co's overall GF Score™ is 74/100 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 Subaru Enterprise Co (TSE:9632), the current Scaled Net Operating Assets is 0.56 as of Jan. 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 Subaru Enterprise Co (TSE:9632) Overvalued in 2026?

Based on GuruFocus' analysis, Subaru Enterprise Co stock appears to be overvalued. The current stock price of 円3,545.00 is trading 17.3% above its estimated GF Value™ of 円3,020.98. GuruFocus considers Subaru Enterprise Co to be Modestly Overvalued.

Key valuation signals for TSE:9632:

  • Scaled Net Operating Assets: 0.56
  • GF Value™: 円3,020.98 vs. price of 円3,545.00 (17.3% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the TSE:9632 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Subaru Enterprise Co Business Description

Address 1-5-2 Yurakucho, 9th Floor, Toho Hibiya Promenade Building, Chiyoda-ku, Tokyo, JPN
Subaru Enterprise Co Ltd is a Japan-based company. Its business is divided into the following reportable segments: Road related business, Leisure business, and Real estate business. Road related business offers maintenance and cleaning of roads and road incidental facilities, contracting repair work, contracted operation of highway facilities, and photovoltaic power generation business. Leisure business involves customer service businesses such as food and beverage, and retail sales, as well as the management and operation of marinas, and the Real estate business is engaged in the real estate rental business. Maximum revenue for the group is generated from its Road related business.
74GF Score

Get the complete analysis for TSE:9632

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

円3,545.00
Price
円3,020.98
GF Value