Nihon House Holdings Co (TSE:1873) Scaled Net Operating Assets: 0.66 (As of Apr. 2026)

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TSE:1873 Nihon House Holdings Co Ltd TSE:1873
62 GF Score
Price 円311.00
GF Value 円261.94
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Nihon House Holdings Co Scaled Net Operating Assets?

Nihon House Holdings Co TSE:1873 +0.97% 62 Scaled Net Operating Assets is 0.66 as of Apr. 2026. GuruFocus rates TSE:1873 with a GF Score™ of 62/100 and a GF Value™ of 円261.94 (Modestly Overvalued). The stock has 3 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.

Nihon House Holdings Co's operating assets for the quarter that ended in Apr. 2026 was 円37,320 Mil. Nihon House Holdings Co's operating liabilities for the quarter that ended in Apr. 2026 was 円9,772 Mil. Nihon House Holdings Co's Total Assets for the quarter that ended in Oct. 2025 was 円41,568 Mil. Therefore, Nihon House Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.66.


Nihon House Holdings Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Nihon House Holdings 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.

Nihon House Holdings Co Scaled Net Operating Assets Chart

Nihon House Holdings Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Apr25 Apr26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.64 0.57 0.60 0.65

Nihon House Holdings Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.63 0.59 0.63 0.64 0.66

TSE:1873 vs DHI, PHM, LEN: Scaled Net Operating Assets Comparison

For the Residential Construction subindustry, Nihon House Holdings 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.


Nihon House Holdings Co Scaled Net Operating Assets vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Nihon House Holdings Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:1873
62GF Score
Nihon House Holdings Co Ltd TSE:1873
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon House Holdings 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.

Nihon House Holdings Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2026 )
=(Operating Assets (A: Apr. 2026 )-Operating Liabilities (A: Apr. 2026 ))/Total Assets (A: Apr. 2025 )
=(37320-9772)/42396
=0.65

where

Operating Assets(A: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=44354 - 7034
=37320

Operating Liabilities(A: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21387 - 6384 - 5231
=9772

Nihon House Holdings Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Oct. 2025 )
=(37320-9772)/41568
=0.66

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=44354 - 7034
=37320

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21387 - 6384 - 5231
=9772

* 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 0.66 mean?
Nihon House Holdings Co (TSE:1873) has a Scaled Net Operating Assets of 0.66 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nihon House Holdings Co and its competitors.
Is Nihon House Holdings Co's Scaled Net Operating Assets too high?
Nihon House Holdings Co's current Scaled Net Operating Assets is 0.66. Overall, Nihon House Holdings Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon House Holdings Co's Scaled Net Operating Assets compare to DHI and PHM?
Nihon House Holdings Co's Scaled Net Operating Assets of 0.66 can be compared against companies in the Homebuilding & 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 Homebuilding & Construction company?
A good Scaled Net Operating Assets depends on the Homebuilding & 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 Nihon House Holdings Co and its competitors. Nihon House Holdings Co's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon House Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon House Holdings Co (TSE:1873) is currently considered Modestly Overvalued. The stock's GF Value™ is 円261.94, compared to a current price of 円311.00 — trading 18.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Nihon House Holdings Co's overall GF Score™ is 62/100 with 3 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 Nihon House Holdings Co (TSE:1873), the current Scaled Net Operating Assets is 0.66 as of Apr. 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 Nihon House Holdings Co (TSE:1873) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon House Holdings Co stock appears to be overvalued. The current stock price of 円311.00 is trading 18.7% above its estimated GF Value™ of 円261.94. GuruFocus considers Nihon House Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:1873:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: 円261.94 vs. price of 円311.00 (18.7% above fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the TSE:1873 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon House Holdings Co Business Description

Address 3-8 Iidabashi 4-chome, Japan House HD Iidabashi Building, Chiyoda-ku, Tokyo, JPN, 102-0072
Nihon House Holdings Co Ltd is engaged in businesses related to the residential lifestyle and service industries, such as the housing business, which focuses on contract construction of housing and the development and sale of residential land, and the hotel business, which operates hotel and leisure facilities.
62GF Score

Get the complete analysis for TSE:1873

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

円311.00
Price
円261.94
GF Value