Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Kaori Heat Treatment Co's operating assets for the quarter that ended in Dec. 2025 was NT$6,380 Mil. Kaori Heat Treatment Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$2,500 Mil. Kaori Heat Treatment Co's Total Assets for the quarter that ended in Sep. 2025 was NT$7,028 Mil. Therefore, Kaori Heat Treatment Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.55.
Kaori Heat Treatment Co Scaled Net Operating Assets Related Terms
Kaori Heat Treatment Co Scaled Net Operating Assets Historical Data
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The historical data trend for Kaori Heat Treatment 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.
Kaori Heat Treatment Co Scaled Net Operating Assets Chart
TPE:8996 vs GEV, ETN, PH: Scaled Net Operating Assets Comparison
For the Specialty Industrial Machinery subindustry, Kaori Heat Treatment 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.
Kaori Heat Treatment Co Scaled Net Operating Assets vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kaori Heat Treatment Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Kaori Heat Treatment Co's Scaled Net Operating Assets falls into.
* 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 0.55 mean?
Kaori Heat Treatment Co (TPE:8996) has a Scaled Net Operating Assets of 0.55 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 Kaori Heat Treatment Co and its competitors.
Is Kaori Heat Treatment Co's Scaled Net Operating Assets too high?
Kaori Heat Treatment Co's current Scaled Net Operating Assets is 0.55. Overall, Kaori Heat Treatment Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaori Heat Treatment Co's Scaled Net Operating Assets compare to GEV and ETN?
Kaori Heat Treatment Co's Scaled Net Operating Assets of 0.55 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Kaori Heat Treatment Co and its competitors. Kaori Heat Treatment Co's current Scaled Net Operating Assets is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaori Heat Treatment Co stock overvalued right now?
Based on GuruFocus' analysis, Kaori Heat Treatment Co (TPE:8996) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$559.57, compared to a current price of NT$1,230.00 — trading 119.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.55. Kaori Heat Treatment Co's overall GF Score™ is 81/100 with 2 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 Kaori Heat Treatment Co (TPE:8996), the current Scaled Net Operating Assets is 0.55 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 Kaori Heat Treatment Co (TPE:8996) Overvalued in 2026?
Based on GuruFocus' analysis, Kaori Heat Treatment Co stock appears to be overvalued.
The current stock price of NT$1,230.00 is trading 119.8% above its estimated GF Value™ of NT$559.57.
GuruFocus considers Kaori Heat Treatment Co to be Significantly Overvalued.
Key valuation signals for TPE:8996:
Scaled Net Operating Assets: 0.55
GF Value™: NT$559.57 vs. price of NT$1,230.00 (119.8% above fair value)
No single metric tells the full story. See the TPE:8996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaori Heat Treatment Co Ltd specializes in producing mechanical hardware, processing fabricated metals, and manufacturing and developing heat exchange products or thermal products. The Group's factories are established in Zhongli, Kaohsiung, etc. Its operating activities include heat treatment processing of various mechanical hardware and fabricated metals, plate heat exchangers, thermal products, and manufacturing activities. The Group operates in a single operating segment of plate heat exchangers, power generation, and thermal energy products. It operates in Asia, America, Europe, and others. The Group generates maximum revenue from America.
81GF Score
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