Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Fast Retailing Co's operating assets for the quarter that ended in Feb. 2026 was 円2,076,894 Mil. Fast Retailing Co's operating liabilities for the quarter that ended in Feb. 2026 was 円1,042,314 Mil. Fast Retailing Co's Total Assets for the quarter that ended in Nov. 2025 was 円4,286,412 Mil. Therefore, Fast Retailing Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.24.
Fast Retailing Co Scaled Net Operating Assets Related Terms
Fast Retailing Co Scaled Net Operating Assets Historical Data
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The historical data trend for Fast Retailing 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.
Fast Retailing Co Scaled Net Operating Assets Chart
TSE:9983 vs TJX, ROST, BURL: Scaled Net Operating Assets Comparison
For the Apparel Retail subindustry, Fast Retailing 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.
Fast Retailing Co Scaled Net Operating Assets vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Fast Retailing Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Fast Retailing 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 0.24 mean?
Fast Retailing Co (TSE:9983) has a Scaled Net Operating Assets of 0.24 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 Fast Retailing Co and its competitors.
Is Fast Retailing Co's Scaled Net Operating Assets too high?
Fast Retailing Co's current Scaled Net Operating Assets is 0.24. Overall, Fast Retailing Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fast Retailing Co's Scaled Net Operating Assets compare to TJX and ROST?
Fast Retailing Co's Scaled Net Operating Assets of 0.24 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 Fast Retailing Co and its competitors. Fast Retailing Co's current Scaled Net Operating Assets is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fast Retailing Co stock overvalued right now?
Based on GuruFocus' analysis, Fast Retailing Co (TSE:9983) is currently considered Significantly Overvalued. The stock's GF Value™ is 円55,272.61, compared to a current price of 円82,710.00 — trading 49.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.24. Fast Retailing Co's overall GF Score™ is 91/100 with 4 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 Fast Retailing Co (TSE:9983), the current Scaled Net Operating Assets is 0.24 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 Fast Retailing Co (TSE:9983) Overvalued in 2026?
Based on GuruFocus' analysis, Fast Retailing Co stock appears to be overvalued.
The current stock price of 円82,710.00 is trading 49.6% above its estimated GF Value™ of 円55,272.61.
GuruFocus considers Fast Retailing Co to be Significantly Overvalued.
Key valuation signals for TSE:9983:
Scaled Net Operating Assets: 0.24
GF Value™: 円55,272.61 vs. price of 円82,710.00 (49.6% above fair value)
No single metric tells the full story. See the TSE:9983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fast Retailing is Japan's largest apparel company. It operates casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. Fast Retailing is in charge of product design and sales and outsources almost all of its production to factories in places including China, Vietnam, Bangladesh, Indonesia, and India. It is ranked the second-largest apparel company by sales globally in 2024 per Euromonitor, thanks to the expansion of Uniqlo International. As of February 2025, it ran 3,616 stores globally. Other brands in its portfolio include GU and acquired brands like Theory, Comptoir des Cotonniers, and Princesse tam.tam. The Yanai family owned a 40.86% stake in the firm as of July 2025.
91GF Score
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