HAPYF (Happinet) Scaled Net Operating Assets: 0.06 (As of Mar. 2026)


HAPYF Happinet Corp HAPYF
89 GF Score
Price $10.88
GF Value $10.00
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What is Happinet Scaled Net Operating Assets?

Happinet HAPYF 89 Scaled Net Operating Assets is 0.06 as of Mar. 2026. GuruFocus rates HAPYF with a GF Score™ of 89/100 and a GF Value™ of $10.00.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Happinet's operating assets for the quarter that ended in Mar. 2026 was $587 Mil. Happinet's operating liabilities for the quarter that ended in Mar. 2026 was $528 Mil. Happinet's Total Assets for the quarter that ended in Dec. 2025 was $1,023 Mil. Therefore, Happinet's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.06.


Happinet Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Happinet'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.

Happinet Scaled Net Operating Assets Chart

Happinet 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 0.22 0.18 0.21 0.13 0.07

Happinet 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 0.11 0.27 0.18 0.29 0.06

HAPYF vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Happinet'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.


Happinet Scaled Net Operating Assets vs Retail - Cyclical Industry

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

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


HAPYF
89GF Score
Happinet Corp HAPYF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Happinet 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.

Happinet'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 )
=(587.197-527.587)/814.799
=0.07

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=907.49 - 320.293
=587.197

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=527.587 - 0 - 0
=527.587

Happinet'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 )
=(587.197-527.587)/1022.968
=0.06

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=907.49 - 320.293
=587.197

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=527.587 - 0 - 0
=527.587

* 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 0.06 mean?
Happinet (HAPYF) has a Scaled Net Operating Assets of 0.06 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 Happinet and its competitors.
Is Happinet's Scaled Net Operating Assets too high?
Happinet's current Scaled Net Operating Assets is 0.06. Overall, Happinet has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Happinet's Scaled Net Operating Assets compare to CASY and WSM?
Happinet's Scaled Net Operating Assets of 0.06 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 Happinet and its competitors. Happinet's current Scaled Net Operating Assets is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happinet stock overvalued right now?
Happinet (HAPYF) has a current Scaled Net Operating Assets of 0.06. The stock's GF Value™ is $10.00, compared to a current price of $10.88 — trading 8.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.06. Happinet's overall GF Score™ is 89/100. 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 Happinet (HAPYF), the current Scaled Net Operating Assets is 0.06 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 Happinet (HAPYF) Overvalued in 2026?

Based on GuruFocus' analysis, Happinet stock appears to be overvalued. The current stock price of $10.88 is trading 8.8% above its estimated GF Value™ of $10.00.

Key valuation signals for HAPYF:

  • Scaled Net Operating Assets: 0.06
  • GF Value™: $10.00 vs. price of $10.88 (8.8% above fair value)
  • GF Score™: 89/100

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


Happinet Business Description

Other Exchanges 7552:Japan
Address 2-4-5, Komagata, Komagata CA Building, Taito-ku, Tokyo, JPN, 111-0043
Happinet Corp is engaged in the distribution of toys in the Japanese market. It operates through five business segments namely Toy, Visual and Music, Video Game, Amusement and Logistics Function. In addition, it plans, manufactures, and sells toys; and plans develops, and sells audio-visual software and video game hardware and software. Business activity is of the group is primarily functioned through Japan and it derives the majority its revenue through Toy segment.
89GF Score

Get the complete analysis for HAPYF

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

$10.88
Price
$10.00
GF Value