Toda (TODCF) Scaled Net Operating Assets: 0.53 (As of Mar. 2026)


TODCF Toda Corp TODCF
80 GF Score
Price $6.70
GF Value $4.90
! 6 Warning Signs
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What is Toda Scaled Net Operating Assets?

Toda TODCF 80 Scaled Net Operating Assets is 0.53 as of Mar. 2026. GuruFocus rates TODCF with a GF Score™ of 80/100 and a GF Value™ of $4.90. 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.

Toda's operating assets for the quarter that ended in Mar. 2026 was $5,746 Mil. Toda's operating liabilities for the quarter that ended in Mar. 2026 was $2,304 Mil. Toda's Total Assets for the quarter that ended in Dec. 2025 was $6,468 Mil. Therefore, Toda's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.53.


Toda Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Toda'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.

Toda Scaled Net Operating Assets Chart

Toda 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 0.46 0.51 0.51 0.60 0.56

Toda 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 0.57 0.57 0.61 0.61 0.53

TODCF vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Toda'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.


Toda Scaled Net Operating Assets vs Construction Industry

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

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


TODCF
80GF Score
Toda Corp TODCF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Toda 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.

Toda'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 )
=(5746.348-2304.29)/6196.075
=0.56

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6291.795 - 545.447
=5746.348

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3751.146 - 1050.537 - 396.319
=2304.29

Toda'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 )
=(5746.348-2304.29)/6467.736
=0.53

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6291.795 - 545.447
=5746.348

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3751.146 - 1050.537 - 396.319
=2304.29

* 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 0.53 mean?
Toda (TODCF) has a Scaled Net Operating Assets of 0.53 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 Toda and its competitors.
Is Toda's Scaled Net Operating Assets too high?
Toda's current Scaled Net Operating Assets is 0.53. Overall, Toda has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Toda's Scaled Net Operating Assets compare to PWR and FIX?
Toda's Scaled Net Operating Assets of 0.53 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 Toda and its competitors. Toda's current Scaled Net Operating Assets is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toda stock overvalued right now?
Toda (TODCF) has a current Scaled Net Operating Assets of 0.53. The stock's GF Value™ is $4.90, compared to a current price of $6.70 — trading 36.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.53. Toda's overall GF Score™ is 80/100 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 Toda (TODCF), the current Scaled Net Operating Assets is 0.53 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 Toda (TODCF) Overvalued in 2026?

Based on GuruFocus' analysis, Toda stock appears to be overvalued. The current stock price of $6.70 is trading 36.7% above its estimated GF Value™ of $4.90.

Key valuation signals for TODCF:

  • Scaled Net Operating Assets: 0.53
  • GF Value™: $4.90 vs. price of $6.70 (36.7% above fair value)
  • GF Score™: 80/100 with 6 warning signs

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


Toda Business Description

Other Exchanges 1860:Japan
Address 8-5 Hatchobori 2-Chome, Chuo-ku, Tokyo, JPN, 104-0032
Toda Corp is a Japan-based company that provides construction and civil engineering services for public and private customers. It designs and manages property developments and reorganizes production systems to increase profitability. The company constructs hospitals, schools, office buildings, and other industrial facilities. It handles various large-scale projects, including tunnel and highway operations, renewable energy activities, and power generation applications, to enhance technological and industrial development. Toda has six operating segments: Domestic building construction, Domestic Civil engineering, Investment Development, Domestic group companies, New business fields, and Overseas business. The majority of revenue comes from the domestic building construction segment.
80GF 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.

$6.70
Price
$4.90
GF Value