Hokuryo Co (TSE:1384) Scaled Net Operating Assets: 0.55 (As of Mar. 2026)

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TSE:1384 Hokuryo Co Ltd TSE:1384
70 GF Score
Price 円2,036.00
GF Value 円1,469.92
Valuation Significantly Overvalued
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What is Hokuryo Co Scaled Net Operating Assets?

Hokuryo Co TSE:1384 -0.20% 70 Scaled Net Operating Assets is 0.55 as of Mar. 2026. GuruFocus rates TSE:1384 with a GF Score™ of 70/100 and a GF Value™ of 円1,469.92 (Significantly Overvalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hokuryo Co's operating assets for the quarter that ended in Mar. 2026 was 円16,098 Mil. Hokuryo Co's operating liabilities for the quarter that ended in Mar. 2026 was 円4,697 Mil. Hokuryo Co's Total Assets for the quarter that ended in Sep. 2025 was 円20,768 Mil. Therefore, Hokuryo Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.55.


Hokuryo Co Scaled Net Operating Assets Historical Data

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The historical data trend for Hokuryo 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.

Hokuryo Co Scaled Net Operating Assets Chart

Hokuryo Co Annual Data
Trend Aug16 Aug17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.69 0.62 0.65 0.59

Hokuryo Co Semi-Annual Data
Feb16 Aug16 Feb17 Aug17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.59 0.58 0.62 0.58 0.55

TSE:1384 vs ADM, BG, TSN: Scaled Net Operating Assets Comparison

For the Farm Products subindustry, Hokuryo 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.


Hokuryo Co Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hokuryo Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:1384
70GF Score
Hokuryo Co Ltd TSE:1384
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokuryo 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.

Hokuryo Co'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 )
=(16098-4697)/19216
=0.59

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23402 - 7304
=16098

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5884 - 859 - 328
=4697

Hokuryo Co'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: Sep. 2025 )
=(16098-4697)/20768
=0.55

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23402 - 7304
=16098

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5884 - 859 - 328
=4697

* 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?
Hokuryo Co (TSE:1384) has a Scaled Net Operating Assets of 0.55 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 Hokuryo Co and its competitors.
Is Hokuryo Co's Scaled Net Operating Assets too high?
Hokuryo Co's current Scaled Net Operating Assets is 0.55. Overall, Hokuryo Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuryo Co's Scaled Net Operating Assets compare to ADM and BG?
Hokuryo Co's Scaled Net Operating Assets of 0.55 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Hokuryo Co and its competitors. Hokuryo 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 Hokuryo Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuryo Co (TSE:1384) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,469.92, compared to a current price of 円2,036.00 — trading 38.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.55. Hokuryo Co's overall GF Score™ is 70/100. 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 Hokuryo Co (TSE:1384), the current Scaled Net Operating Assets is 0.55 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 Hokuryo Co (TSE:1384) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuryo Co stock appears to be overvalued. The current stock price of 円2,036.00 is trading 38.5% above its estimated GF Value™ of 円1,469.92. GuruFocus considers Hokuryo Co to be Significantly Overvalued.

Key valuation signals for TSE:1384:

  • Scaled Net Operating Assets: 0.55
  • GF Value™: 円1,469.92 vs. price of 円2,036.00 (38.5% above fair value)
  • GF Score™: 70/100

No single metric tells the full story. See the TSE:1384 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokuryo Co Business Description

Address 6-15 Chuo 2-jo 3-chome, Shiroishi-ku, Sapporo, JPN, 003-0012
Hokuryo Co Ltd is a livestock company engaged in the production and sale of eggs, processed eggs, and meat products in Japan. It offers broiler, pork, beef, and ham sausage products. It produces and sells eggs for household, hotel, restaurant, bread, and cake consumption.
70GF Score

Get the complete analysis for TSE:1384

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

円2,036.00
Price
円1,469.92
GF Value