Yellow Hat (TSE:9882) Scaled Net Operating Assets: 0.68 (As of Mar. 2026)

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TSE:9882 Yellow Hat Ltd TSE:9882
87 GF Score
Price 円1,821.00
GF Value 円1,616.21
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Yellow Hat Scaled Net Operating Assets?

Yellow Hat TSE:9882 -0.33% 87 Scaled Net Operating Assets is 0.68 as of Mar. 2026. GuruFocus rates TSE:9882 with a GF Score™ of 87/100 and a GF Value™ of 円1,616.21 (Modestly Overvalued). The stock has 6 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.

Yellow Hat's operating assets for the quarter that ended in Mar. 2026 was 円167,089 Mil. Yellow Hat's operating liabilities for the quarter that ended in Mar. 2026 was 円29,887 Mil. Yellow Hat's Total Assets for the quarter that ended in Dec. 2025 was 円202,183 Mil. Therefore, Yellow Hat's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.68.


Yellow Hat Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Yellow Hat'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.

Yellow Hat Scaled Net Operating Assets Chart

Yellow Hat 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 0.74 0.78 0.82 0.86 0.74

Yellow Hat Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.74 0.69 0.76 0.72 0.68

TSE:9882 vs CVNA, PAG, ALTB: Scaled Net Operating Assets Comparison

For the Auto & Truck Dealerships subindustry, Yellow Hat'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.


Yellow Hat Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yellow Hat's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Yellow Hat's Scaled Net Operating Assets falls into.


TSE:9882
87GF Score
Yellow Hat Ltd TSE:9882
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yellow Hat 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.

Yellow Hat'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 )
=(167089-29887)/185941
=0.74

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=206818 - 39729
=167089

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=82921 - 18022 - 35012
=29887

Yellow Hat'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: Dec. 2025 )
=(167089-29887)/202183
=0.68

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=206818 - 39729
=167089

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=82921 - 18022 - 35012
=29887

* 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 0.68 mean?
Yellow Hat (TSE:9882) has a Scaled Net Operating Assets of 0.68 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 Yellow Hat and its competitors.
Is Yellow Hat's Scaled Net Operating Assets too high?
Yellow Hat's current Scaled Net Operating Assets is 0.68. Overall, Yellow Hat has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yellow Hat's Scaled Net Operating Assets compare to CVNA and PAG?
Yellow Hat's Scaled Net Operating Assets of 0.68 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Yellow Hat and its competitors. Yellow Hat's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yellow Hat stock overvalued right now?
Based on GuruFocus' analysis, Yellow Hat (TSE:9882) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,616.21, compared to a current price of 円1,821.00 — trading 12.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.68. Yellow Hat's overall GF Score™ is 87/100 with 6 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 Yellow Hat (TSE:9882), the current Scaled Net Operating Assets is 0.68 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 Yellow Hat (TSE:9882) Overvalued in 2026?

Based on GuruFocus' analysis, Yellow Hat stock appears to be overvalued. The current stock price of 円1,821.00 is trading 12.7% above its estimated GF Value™ of 円1,616.21. GuruFocus considers Yellow Hat to be Modestly Overvalued.

Key valuation signals for TSE:9882:

  • Scaled Net Operating Assets: 0.68
  • GF Value™: 円1,616.21 vs. price of 円1,821.00 (12.7% above fair value)
  • GF Score™: 87/100 with 6 warning signs

No single metric tells the full story. See the TSE:9882 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yellow Hat Business Description

Address 1-7-4 Iwamotocho, Chiyoda-ku, Yellow Hat Head Office Building, Tokyo, JPN, 101-0032
Yellow Hat Ltd is a Japanese company involved in selling auto accessories and providing auto service. The products offered by the company include audio and info-entertainment systems, oils and lubricants, safety and maintenance tools, OFF road, racing and karting, chemicals and cleaning, lights and bulbs, bikes, and tires. It offers services including tires services, oil change, foiling, detailing, tinting, audio and video, car wash, AC repair, and maintenance.
87GF Score

Get the complete analysis for TSE:9882

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

円1,821.00
Price
円1,616.21
GF Value