Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Tokura Construction Co's operating assets for the quarter that ended in Mar. 2026 was 円41,558 Mil. Tokura Construction Co's operating liabilities for the quarter that ended in Mar. 2026 was 円26,884 Mil. Tokura Construction Co's Total Assets for the quarter that ended in Sep. 2025 was 円50,935 Mil. Therefore, Tokura Construction Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.29.
Tokura Construction Co Scaled Net Operating Assets Related Terms
Tokura Construction Co Scaled Net Operating Assets Historical Data
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The historical data trend for Tokura Construction 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.
Tokura Construction Co Scaled Net Operating Assets Chart
NGO:1892 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison
For the Engineering & Construction subindustry, Tokura Construction 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.
Tokura Construction Co Scaled Net Operating Assets vs Construction Industry
For the Construction industry and Industrials sector, Tokura Construction Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Tokura Construction 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 0.29 mean?
Tokura Construction Co (NGO:1892) has a Scaled Net Operating Assets of 0.29 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 Tokura Construction Co and its competitors.
Is Tokura Construction Co's Scaled Net Operating Assets too high?
Tokura Construction Co's current Scaled Net Operating Assets is 0.29. Overall, Tokura Construction Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokura Construction Co's Scaled Net Operating Assets compare to PWR and FIX?
Tokura Construction Co's Scaled Net Operating Assets of 0.29 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Tokura Construction Co and its competitors. Tokura Construction Co's current Scaled Net Operating Assets is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokura Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Tokura Construction Co (NGO:1892) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,867.83, compared to a current price of 円7,900.00 — trading 62.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.29. Tokura Construction Co's overall GF Score™ is 61/100 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 Tokura Construction Co (NGO:1892), the current Scaled Net Operating Assets is 0.29 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 Tokura Construction Co (NGO:1892) Overvalued in 2026?
Based on GuruFocus' analysis, Tokura Construction Co stock appears to be overvalued.
The current stock price of 円7,900.00 is trading 62.3% above its estimated GF Value™ of 円4,867.83.
GuruFocus considers Tokura Construction Co to be Significantly Overvalued.
Key valuation signals for NGO:1892:
Scaled Net Operating Assets: 0.29
GF Value™: 円4,867.83 vs. price of 円7,900.00 (62.3% above fair value)
No single metric tells the full story. See the NGO:1892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokura Construction Co Ltd is a Japan-based company engaged in the business of engineering and construction works. Its operations are carried out through the following business divisions: Construction, Civil Engineering, Real Estate, and Others. It generates the majority of its revenue from the Construction segment.
61GF 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.
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