THYCY (Taiheiyo Cement) Scaled Net Operating Assets: 0.71 (As of Mar. 2026)


THYCY Taiheiyo Cement Corp THYCY
83 GF Score
Price $6.82
GF Value $6.45
Valuation Fairly Valued
! 4 Warning Signs
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What is Taiheiyo Cement Scaled Net Operating Assets?

Taiheiyo Cement THYCY 83 Scaled Net Operating Assets is 0.71 as of Mar. 2026. GuruFocus rates THYCY with a GF Score™ of 83/100 and a GF Value™ of $6.45 (Fairly Valued). The stock has 4 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.

Taiheiyo Cement's operating assets for the quarter that ended in Mar. 2026 was $8,919 Mil. Taiheiyo Cement's operating liabilities for the quarter that ended in Mar. 2026 was $2,265 Mil. Taiheiyo Cement's Total Assets for the quarter that ended in Dec. 2025 was $9,330 Mil. Therefore, Taiheiyo Cement's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.71.


Taiheiyo Cement Scaled Net Operating Assets Historical Data

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The historical data trend for Taiheiyo Cement'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.

Taiheiyo Cement Scaled Net Operating Assets Chart

Taiheiyo Cement 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 0.68 0.71 0.64 0.76 0.70

Taiheiyo Cement 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 0.75 0.72 0.69 0.66 0.71

THYCY vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, Taiheiyo Cement'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.


Taiheiyo Cement Scaled Net Operating Assets vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's Scaled Net Operating Assets distribution charts can be found below:

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


THYCY
83GF Score
Taiheiyo Cement Corp THYCY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiheiyo Cement 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.

Taiheiyo Cement'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 )
=(8919.321-2264.67)/9551.308
=0.70

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9320.871 - 401.55
=8919.321

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4832.43 - 1325.028 - 1242.732
=2264.67

Taiheiyo Cement'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 )
=(8919.321-2264.67)/9330.417
=0.71

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9320.871 - 401.55
=8919.321

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4832.43 - 1325.028 - 1242.732
=2264.67

* 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 0.71 mean?
Taiheiyo Cement (THYCY) has a Scaled Net Operating Assets of 0.71 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 Taiheiyo Cement and its competitors.
Is Taiheiyo Cement's Scaled Net Operating Assets too high?
Taiheiyo Cement's current Scaled Net Operating Assets is 0.71. Overall, Taiheiyo Cement has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiheiyo Cement's Scaled Net Operating Assets compare to CRH and VMC?
Taiheiyo Cement's Scaled Net Operating Assets of 0.71 can be compared against companies in the Building Materials 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 Building Materials company?
A good Scaled Net Operating Assets depends on the Building Materials 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 Taiheiyo Cement and its competitors. Taiheiyo Cement's current Scaled Net Operating Assets is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiheiyo Cement stock overvalued right now?
Based on GuruFocus' analysis, Taiheiyo Cement (THYCY) is currently considered Fairly Valued. The stock's GF Value™ is $6.45, compared to a current price of $6.82 — trading 5.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.71. Taiheiyo Cement's overall GF Score™ is 83/100 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 Taiheiyo Cement (THYCY), the current Scaled Net Operating Assets is 0.71 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 Taiheiyo Cement (THYCY) Overvalued in 2026?

Based on GuruFocus' analysis, Taiheiyo Cement stock appears to be overvalued. The current stock price of $6.82 is trading 5.7% above its estimated GF Value™ of $6.45. GuruFocus considers Taiheiyo Cement to be Fairly Valued.

Key valuation signals for THYCY:

  • Scaled Net Operating Assets: 0.71
  • GF Value™: $6.45 vs. price of $6.82 (5.7% above fair value)
  • GF Score™: 83/100 with 4 warning signs

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


Taiheiyo Cement Business Description

Other Exchanges THYCF:USA5233:Japan
Address 1-1-1 Koishikawa, Bunkyo Garden Gate Tower, Bunkyo-ku, Tokyo, JPN, 112-8503
Taiheiyo Cement Corp is a Japan-based company mainly engaged in the manufacture and sale of cement products. The company operates through four main segments. The Building Materials and Civil Engineering segment handles secondary concrete products and ALC (lightweight aerated concrete). The Cement segment covers various cement types and ready-mixed concrete. The Environmental Business focuses on waste recycling and desulfurization materials. The Resources segment deals with aggregates and limestone products. The Others segment includes real estate, engineering, information processing, finance, transportation, warehousing, chemical products, sports, and power supply. It generates the majority of its revenue from the Cement segment.
83GF Score

Get the complete analysis for THYCY

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

$6.82
Price
$6.45
GF Value