Hokkai Electrical Construction Co (SSE:1832) Scaled Net Operating Assets: 0.73 (As of Mar. 2026)

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SSE:1832 Hokkai Electrical Construction Co Inc SSE:1832
68 GF Score
Price 円1,371.00
GF Value 円979.32
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Hokkai Electrical Construction Co Scaled Net Operating Assets?

Hokkai Electrical Construction Co SSE:1832 +1.18% 68 Scaled Net Operating Assets is 0.73 as of Mar. 2026. GuruFocus rates SSE:1832 with a GF Score™ of 68/100 and a GF Value™ of 円979.32 (Significantly Overvalued). The stock has 1 warning sign investors should review.

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

Hokkai Electrical Construction Co's operating assets for the quarter that ended in Mar. 2026 was 円52,519 Mil. Hokkai Electrical Construction Co's operating liabilities for the quarter that ended in Mar. 2026 was 円18,271 Mil. Hokkai Electrical Construction Co's Total Assets for the quarter that ended in Sep. 2025 was 円46,656 Mil. Therefore, Hokkai Electrical Construction Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.73.


Hokkai Electrical Construction Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hokkai Electrical 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.

Hokkai Electrical Construction Co Scaled Net Operating Assets Chart

Hokkai Electrical Construction Co 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 0.47 0.37 0.48 0.47 0.69

Hokkai Electrical Construction Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.52 0.47 0.51 0.61 0.73

SSE:1832 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Hokkai Electrical 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.


Hokkai Electrical Construction Co Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Hokkai Electrical Construction Co's Scaled Net Operating Assets distribution charts can be found below:

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


SSE:1832
68GF Score
Hokkai Electrical Construction Co Inc SSE:1832
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokkai Electrical Construction 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.

Hokkai Electrical Construction Co'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 )
=(52519-18271)/49800
=0.69

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=55202 - 2683
=52519

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18271 - 0 - 0
=18271

Hokkai Electrical Construction Co'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: Sep. 2025 )
=(52519-18271)/46656
=0.73

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=55202 - 2683
=52519

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18271 - 0 - 0
=18271

* 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 0.73 mean?
Hokkai Electrical Construction Co (SSE:1832) has a Scaled Net Operating Assets of 0.73 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 Hokkai Electrical Construction Co and its competitors.
Is Hokkai Electrical Construction Co's Scaled Net Operating Assets too high?
Hokkai Electrical Construction Co's current Scaled Net Operating Assets is 0.73. Overall, Hokkai Electrical Construction Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkai Electrical Construction Co's Scaled Net Operating Assets compare to PWR and FIX?
Hokkai Electrical Construction Co's Scaled Net Operating Assets of 0.73 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 Hokkai Electrical Construction Co and its competitors. Hokkai Electrical Construction Co's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkai Electrical Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Hokkai Electrical Construction Co (SSE:1832) is currently considered Significantly Overvalued. The stock's GF Value™ is 円979.32, compared to a current price of 円1,371.00 — trading 40% above its estimated fair value. The current Scaled Net Operating Assets is 0.73. Hokkai Electrical Construction Co's overall GF Score™ is 68/100 with 1 warning sign 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 Hokkai Electrical Construction Co (SSE:1832), the current Scaled Net Operating Assets is 0.73 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 Hokkai Electrical Construction Co (SSE:1832) Overvalued in 2026?

Based on GuruFocus' analysis, Hokkai Electrical Construction Co stock appears to be overvalued. The current stock price of 円1,371.00 is trading 40% above its estimated GF Value™ of 円979.32. GuruFocus considers Hokkai Electrical Construction Co to be Significantly Overvalued.

Key valuation signals for SSE:1832:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: 円979.32 vs. price of 円1,371.00 (40% above fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the SSE:1832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokkai Electrical Construction Co Business Description

Address No. 8 No. 21 1-chome, Sapporo Shiroishi-ku, Kikusui Article 2, Sapporo, JPN, 003-8531
Hokkai Electrical Construction Co Inc manufactures electrical equipment and mechanical equipment. The company also manufactures power generation equipment such as photovoltaic power generation and wind power generation, interconnection equipment of low pressure, high pressure, special high pressure for interconnecting to the electric power system, and system requirement equipment such as storage battery installation. The company provides power distribution facility and telecommunications network facility.
68GF Score

Get the complete analysis for SSE:1832

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

円1,371.00
Price
円979.32
GF Value