TOKCF (Tokyo Ohka Kogyo Co) Scaled Net Operating Assets: 0.63 (As of Dec. 2025)


TOKCF Tokyo Ohka Kogyo Co Ltd TOKCF
79 GF Score
Price $71.73
GF Value $31.68
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tokyo Ohka Kogyo Co Scaled Net Operating Assets?

Tokyo Ohka Kogyo Co TOKCF 79 Scaled Net Operating Assets is 0.63 as of Dec. 2025. GuruFocus rates TOKCF with a GF Score™ of 79/100 and a GF Value™ of $31.68 (Significantly Overvalued). The stock has 5 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 Ohka Kogyo Co's operating assets for the quarter that ended in Dec. 2025 was $1,695 Mil. Tokyo Ohka Kogyo Co's operating liabilities for the quarter that ended in Dec. 2025 was $427 Mil. Tokyo Ohka Kogyo Co's Total Assets for the quarter that ended in Sep. 2025 was $2,026 Mil. Therefore, Tokyo Ohka Kogyo Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.63.

Tokyo Ohka Kogyo Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Tokyo Ohka Kogyo 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.

Tokyo Ohka Kogyo Co Scaled Net Operating Assets Chart

Tokyo Ohka Kogyo Co Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.51 0.57 0.60 0.69

Tokyo Ohka Kogyo Co 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 0.61 0.66 0.62 0.63 0.61

TOKCF vs APH, GLW, TEL: Scaled Net Operating Assets Comparison

For the Electronic Components subindustry, Tokyo Ohka Kogyo 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.

Tokyo Ohka Kogyo Co Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Tokyo Ohka Kogyo Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tokyo Ohka Kogyo Co's Scaled Net Operating Assets falls into.


TOKCF
79GF Score
Tokyo Ohka Kogyo Co Ltd TOKCF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Ohka Kogyo 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.

Tokyo Ohka Kogyo Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1695.346-426.585)/1832.925
=0.69

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2150.479 - 455.133
=1695.346

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=596.44 - 167.399 - 2.456
=426.585

Tokyo Ohka Kogyo Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(1695.346-426.585)/2025.694
=0.63

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2150.479 - 455.133
=1695.346

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=596.44 - 167.399 - 2.456
=426.585

* 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 0.63 mean?
Tokyo Ohka Kogyo Co (TOKCF) has a Scaled Net Operating Assets of 0.63 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Tokyo Ohka Kogyo Co and its competitors.
Is Tokyo Ohka Kogyo Co's Scaled Net Operating Assets too high?
Tokyo Ohka Kogyo Co's current Scaled Net Operating Assets is 0.63. Overall, Tokyo Ohka Kogyo Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Ohka Kogyo Co's Scaled Net Operating Assets compare to APH and GLW?
Tokyo Ohka Kogyo Co's Scaled Net Operating Assets of 0.63 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Ohka Kogyo Co and its competitors. Tokyo Ohka Kogyo Co's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Ohka Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Ohka Kogyo Co (TOKCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $31.68, compared to a current price of $71.73 — trading 126.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.63. Tokyo Ohka Kogyo Co's overall GF Score™ is 79/100 with 5 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 Ohka Kogyo Co (TOKCF), the current Scaled Net Operating Assets is 0.63 as of Dec. 2025. 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 Ohka Kogyo Co (TOKCF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Ohka Kogyo Co stock appears to be overvalued. The current stock price of $71.73 is trading 126.4% above its estimated GF Value™ of $31.68. GuruFocus considers Tokyo Ohka Kogyo Co to be Significantly Overvalued.

Key valuation signals for TOKCF:

  • Scaled Net Operating Assets: 0.63
  • GF Value™: $31.68 vs. price of $71.73 (126.4% above fair value)
  • GF Score™: 79/100 with 5 warning signs

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

Tokyo Ohka Kogyo Co Business Description

Other Exchanges 4186:Japan
Address 150 Nakamaruko, Nakahara-ku, Kawasaki, JPN, 211-0012
Tokyo Ohka Kogyo Co Ltd is a Japan-based company that manufactures functional materials and processing equipment. The processing equipment sold by the firm is mainly used in the manufacturing of semiconductors and liquid crystal display products. The materials used in the manufacturing of these products are also sold by the company, particularly for the photolithography process. The firm also sells inorganic and organic chemicals.
79GF Score

Get the complete analysis for TOKCF

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

$71.73
Price
$31.68
GF Value