HPHTF (Hamamatsu Photonics KK) Scaled Net Operating Assets: 0.64 (As of Mar. 2026)


HPHTF Hamamatsu Photonics KK HPHTF
89 GF Score
Price $15.80
GF Value $13.00
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Hamamatsu Photonics KK Scaled Net Operating Assets?

Hamamatsu Photonics KK HPHTF 89 Scaled Net Operating Assets is 0.64 as of Mar. 2026. GuruFocus rates HPHTF with a GF Score™ of 89/100 and a GF Value™ of $13.00 (Modestly Overvalued). The stock has 9 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.

Hamamatsu Photonics KK's operating assets for the quarter that ended in Mar. 2026 was $2,382 Mil. Hamamatsu Photonics KK's operating liabilities for the quarter that ended in Mar. 2026 was $422 Mil. Hamamatsu Photonics KK's Total Assets for the quarter that ended in Dec. 2025 was $3,068 Mil. Therefore, Hamamatsu Photonics KK's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.64.


Hamamatsu Photonics KK Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hamamatsu Photonics KK'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.

Hamamatsu Photonics KK Scaled Net Operating Assets Chart

Hamamatsu Photonics KK Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.42 0.56 0.70 0.66

Hamamatsu Photonics KK 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 0.64 0.65 0.65 0.65 0.64

HPHTF vs APH, GLW, TEL: Scaled Net Operating Assets Comparison

For the Electronic Components subindustry, Hamamatsu Photonics KK'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.


Hamamatsu Photonics KK Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Hamamatsu Photonics KK's Scaled Net Operating Assets distribution charts can be found below:

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


HPHTF
89GF Score
Hamamatsu Photonics KK HPHTF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hamamatsu Photonics KK 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.

Hamamatsu Photonics KK's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(2420.742-409.562)/3040.377
=0.66

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3077.229 - 656.487
=2420.742

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=889.709 - 104.84 - 375.307
=409.562

Hamamatsu Photonics KK'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 )
=(2382.497-421.722)/3067.877
=0.64

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3064.09 - 681.593
=2382.497

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1029.11 - 175.785 - 431.603
=421.722

* 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 0.64 mean?
Hamamatsu Photonics KK (HPHTF) has a Scaled Net Operating Assets of 0.64 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 Hamamatsu Photonics KK and its competitors.
Is Hamamatsu Photonics KK's Scaled Net Operating Assets too high?
Hamamatsu Photonics KK's current Scaled Net Operating Assets is 0.64. Overall, Hamamatsu Photonics KK has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hamamatsu Photonics KK's Scaled Net Operating Assets compare to APH and GLW?
Hamamatsu Photonics KK's Scaled Net Operating Assets of 0.64 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Hamamatsu Photonics KK and its competitors. Hamamatsu Photonics KK's current Scaled Net Operating Assets is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamamatsu Photonics KK stock overvalued right now?
Based on GuruFocus' analysis, Hamamatsu Photonics KK (HPHTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.00, compared to a current price of $15.80 — trading 21.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.64. Hamamatsu Photonics KK's overall GF Score™ is 89/100 with 9 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 Hamamatsu Photonics KK (HPHTF), the current Scaled Net Operating Assets is 0.64 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 Hamamatsu Photonics KK (HPHTF) Overvalued in 2026?

Based on GuruFocus' analysis, Hamamatsu Photonics KK stock appears to be overvalued. The current stock price of $15.80 is trading 21.5% above its estimated GF Value™ of $13.00. GuruFocus considers Hamamatsu Photonics KK to be Modestly Overvalued.

Key valuation signals for HPHTF:

  • Scaled Net Operating Assets: 0.64
  • GF Value™: $13.00 vs. price of $15.80 (21.5% above fair value)
  • GF Score™: 89/100 with 9 warning signs

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


Hamamatsu Photonics KK Business Description

Address 1126-1 Ichino-cho, Chuo-ku, Hamamatsu, JPN, 435-8558
Hamamatsu Photonics KK is a Japan-based company engaged in the development, manufacture, and sale of optical and electronic devices. The company operates through four reportable segments: Electron Tube, Optical Semiconductor, Imaging and Measuring Instruments, and Laser Businesses. Its products include photomultiplier tubes, optical semiconductor components, imaging and measuring instruments, and laser-related products.
89GF Score

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

$15.80
Price
$13.00
GF Value