Kanseki Co (TSE:9903) Scaled Net Operating Assets: 0.72 (As of Feb. 2026)


TSE:9903 Kanseki Co Ltd TSE:9903
62 GF Score
Price 円872.00
GF Value 円869.04
Valuation Fairly Valued
! 7 Warning Signs
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What is Kanseki Co Scaled Net Operating Assets?

Kanseki Co TSE:9903 -4.80% 62 Scaled Net Operating Assets is 0.72 as of Feb. 2026. GuruFocus rates TSE:9903 with a GF Score™ of 62/100 and a GF Value™ of 円869.04 (Fairly Valued). The stock has 7 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.

Kanseki Co's operating assets for the quarter that ended in Feb. 2026 was 円23,985 Mil. Kanseki Co's operating liabilities for the quarter that ended in Feb. 2026 was 円6,336 Mil. Kanseki Co's Total Assets for the quarter that ended in Aug. 2025 was 円24,413 Mil. Therefore, Kanseki Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.72.


Kanseki Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Kanseki 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.

Kanseki Co Scaled Net Operating Assets Chart

Kanseki Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.82 0.63 0.68 0.73

Kanseki Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.62 0.70 0.67 0.71 0.72

TSE:9903 vs HD, LOW, FND: Scaled Net Operating Assets Comparison

For the Home Improvement Retail subindustry, Kanseki 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.


Kanseki Co Scaled Net Operating Assets vs Retail - Cyclical Industry

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

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


TSE:9903
62GF Score
Kanseki Co Ltd TSE:9903
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Kanseki 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.

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

Scaled Net Operating Assets (SNOA)(A: Feb. 2026 )
=(Operating Assets (A: Feb. 2026 )-Operating Liabilities (A: Feb. 2026 ))/Total Assets (A: Feb. 2025 )
=(23985.024-6335.593)/24276.735
=0.73

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24976.912 - 991.888
=23985.024

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18178.848 - 5536 - 6307.255
=6335.593

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

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Aug. 2025 )
=(23985.024-6335.593)/24412.759
=0.72

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24976.912 - 991.888
=23985.024

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18178.848 - 5536 - 6307.255
=6335.593

* 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 0.72 mean?
Kanseki Co (TSE:9903) has a Scaled Net Operating Assets of 0.72 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 Kanseki Co and its competitors.
Is Kanseki Co's Scaled Net Operating Assets too high?
Kanseki Co's current Scaled Net Operating Assets is 0.72. Overall, Kanseki Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kanseki Co's Scaled Net Operating Assets compare to HD and LOW?
Kanseki Co's Scaled Net Operating Assets of 0.72 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 Kanseki Co and its competitors. Kanseki Co's current Scaled Net Operating Assets is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanseki Co stock overvalued right now?
Based on GuruFocus' analysis, Kanseki Co (TSE:9903) is currently considered Fairly Valued. The stock's GF Value™ is 円869.04, compared to a current price of 円872.00 — trading 0.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.72. Kanseki Co's overall GF Score™ is 62/100 with 7 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 Kanseki Co (TSE:9903), the current Scaled Net Operating Assets is 0.72 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 Kanseki Co (TSE:9903) Overvalued in 2026?

Based on GuruFocus' analysis, Kanseki Co stock appears to be overvalued. The current stock price of 円872.00 is trading 0.3% above its estimated GF Value™ of 円869.04. GuruFocus considers Kanseki Co to be Fairly Valued.

Key valuation signals for TSE:9903:

  • Scaled Net Operating Assets: 0.72
  • GF Value™: 円869.04 vs. price of 円872.00 (0.3% above fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the TSE:9903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanseki Co Business Description

Address 1 Chome-cho, Utsunomiya, Tochigi, JPN
Kanseki Co Ltd is engaged in managing home centers, specialty stores in Japan.
62GF Score

Get the complete analysis for TSE:9903

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

円872.00
Price
円869.04
GF Value