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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
NOMURA Co's operating assets for the quarter that ended in Feb. 2026 was 円57,781 Mil. NOMURA Co's operating liabilities for the quarter that ended in Feb. 2026 was 円33,299 Mil. NOMURA Co's Total Assets for the quarter that ended in Nov. 2025 was 円95,347 Mil. Therefore, NOMURA Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.26.
NOMURA Co Scaled Net Operating Assets Related Terms
NOMURA Co Scaled Net Operating Assets Historical Data
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The historical data trend for NOMURA 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.
TSE:9716 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison
For the Engineering & Construction subindustry, NOMURA 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.
NOMURA Co Scaled Net Operating Assets vs Construction Industry
For the Construction industry and Industrials sector, NOMURA Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where NOMURA Co's Scaled Net Operating Assets falls into.
* 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 0.26 mean?
NOMURA Co (TSE:9716) has a Scaled Net Operating Assets of 0.26 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on NOMURA Co and its competitors.
Is NOMURA Co's Scaled Net Operating Assets too high?
NOMURA Co's current Scaled Net Operating Assets is 0.26. Overall, NOMURA Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NOMURA Co's Scaled Net Operating Assets compare to PWR and FIX?
NOMURA Co's Scaled Net Operating Assets of 0.26 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 NOMURA Co and its competitors. NOMURA Co's current Scaled Net Operating Assets is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOMURA Co stock overvalued right now?
Based on GuruFocus' analysis, NOMURA Co (TSE:9716) is currently considered Fairly Valued. The stock's GF Value™ is 円1,103.73, compared to a current price of 円1,171.00 — trading 6.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.26. NOMURA Co's overall GF Score™ is 92/100. 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 NOMURA Co (TSE:9716), the current Scaled Net Operating Assets is 0.26 as of Feb. 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 NOMURA Co (TSE:9716) Overvalued in 2026?
Based on GuruFocus' analysis, NOMURA Co stock appears to be overvalued.
The current stock price of 円1,171.00 is trading 6.1% above its estimated GF Value™ of 円1,103.73.
GuruFocus considers NOMURA Co to be Fairly Valued.
Key valuation signals for TSE:9716:
Scaled Net Operating Assets: 0.26
GF Value™: 円1,103.73 vs. price of 円1,171.00 (6.1% above fair value)
No single metric tells the full story. See the TSE:9716 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NOMURA Co Ltd is a Japan-based company that is mainly engaged in the display business. The company provides consultancy, planning, designing, layout, creation, and construction services to help facilities attract visitors. In addition, it provides revitalization, operation, and management services for facilities and events. The facilities and event types that Nomura serves comprise retail shops, restaurants, medical facilities, department stores, commercial complexes, showrooms, company museums, museums, archives, art galleries, hotels, wedding halls, theme parks, amusement parks, sports facilities, sales promotion exhibitions and campaigns, expos, trade fairs, conference events, and so on. The company generates most of its sales from the Japanese domestic market.
92GF Score
Get the complete analysis for TSE:9716
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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