TKECF (Tokyo Electric Power Co Holdings) Scaled Net Operating Assets: 0.58 (As of Mar. 2026)


TKECF Tokyo Electric Power Co Holdings TKECF
65 GF Score
Price $3.10
GF Value $4.10
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tokyo Electric Power Co Holdings Scaled Net Operating Assets?

Tokyo Electric Power Co Holdings TKECF 65 Scaled Net Operating Assets is 0.58 as of Mar. 2026. GuruFocus rates TKECF with a GF Score™ of 65/100 and a GF Value™ of $4.10 (Modestly Undervalued). The stock has 6 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.

Tokyo Electric Power Co Holdings's operating assets for the quarter that ended in Mar. 2026 was $92,249 Mil. Tokyo Electric Power Co Holdings's operating liabilities for the quarter that ended in Mar. 2026 was $36,614 Mil. Tokyo Electric Power Co Holdings's Total Assets for the quarter that ended in Dec. 2025 was $96,197 Mil. Therefore, Tokyo Electric Power Co Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.58.


Tokyo Electric Power Co Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for Tokyo Electric Power Co Holdings'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.

Tokyo Electric Power Co Holdings Scaled Net Operating Assets Chart

Tokyo Electric Power Co Holdings 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 0.55 0.52 0.53 0.62 0.55

Tokyo Electric Power Co Holdings 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 0.57 0.57 0.56 0.58

Tokyo Electric Power Co Holdings Scaled Net Operating Assets Competitor Comparison

For the Utilities - Renewable subindustry, Tokyo Electric Power Co Holdings'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.


Tokyo Electric Power Co Holdings Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tokyo Electric Power Co Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tokyo Electric Power Co Holdings's Scaled Net Operating Assets falls into.


TKECF
65GF Score
Tokyo Electric Power Co Holdings TKECF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Electric Power Co Holdings 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.

Tokyo Electric Power Co Holdings'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 )
=(92249.344-36613.758)/100544.977
=0.55

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=98155.64 - 5906.296
=92249.344

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=76613.594 - 21558.292 - 18441.544
=36613.758

Tokyo Electric Power Co Holdings'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 )
=(92249.344-36613.758)/96196.524
=0.58

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=98155.64 - 5906.296
=92249.344

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=76613.594 - 21558.292 - 18441.544
=36613.758

* 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 0.58 mean?
Tokyo Electric Power Co Holdings (TKECF) has a Scaled Net Operating Assets of 0.58 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 Tokyo Electric Power Co Holdings and its competitors.
Is Tokyo Electric Power Co Holdings' Scaled Net Operating Assets too high?
Tokyo Electric Power Co Holdings' current Scaled Net Operating Assets is 0.58. Overall, Tokyo Electric Power Co Holdings has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electric Power Co Holdings' Scaled Net Operating Assets compare to competitors?
Tokyo Electric Power Co Holdings' Scaled Net Operating Assets of 0.58 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers 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 Tokyo Electric Power Co Holdings and its competitors. Tokyo Electric Power Co Holdings's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Electric Power Co Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electric Power Co Holdings (TKECF) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.10, compared to a current price of $3.10 — trading 24.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.58. Tokyo Electric Power Co Holdings' overall GF Score™ is 65/100 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 Tokyo Electric Power Co Holdings (TKECF), the current Scaled Net Operating Assets is 0.58 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 Tokyo Electric Power Co Holdings (TKECF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Electric Power Co Holdings stock appears to be undervalued. The current stock price of $3.10 is trading 24.4% below its estimated GF Value™ of $4.10. GuruFocus considers Tokyo Electric Power Co Holdings to be Modestly Undervalued.

Key valuation signals for TKECF:

  • Scaled Net Operating Assets: 0.58
  • GF Value™: $4.10 vs. price of $3.10 (24.4% below fair value)
  • GF Score™: 65/100 with 6 warning signs

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


Tokyo Electric Power Co Holdings Business Description

Address 1-1-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-8560
Tokyo Electric Power Co Holdings is a Japan-based company engaged in the generation and distribution of electric power. The company operates through five segments. The Energy Partner segment provides optimal total solutions, customer services, and low-cost power procurement. The Fuel & Power segment focuses on thermal power generation, fuel procurement, and related investments. The Holdings segment provides management support, shared services, and oversees nuclear power operations. The Power Grid segment handles electricity transmission, transformation, distribution, and related facility construction and maintenance. The Renewable Power segment generates and sells renewable energy, manages facilities, and develops new renewable projects in Japan and overseas.
65GF 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.

$3.10
Price
$4.10
GF Value