Home Position Co (TSE:2999) Scaled Net Operating Assets: 0.74 (As of Feb. 2026)


TSE:2999 Home Position Co Ltd TSE:2999
40 GF Score
Price 円603.00
GF Value 円280.61
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Home Position Co Scaled Net Operating Assets?

Home Position Co TSE:2999 +0.67% 40 Scaled Net Operating Assets is 0.74 as of Feb. 2026. GuruFocus rates TSE:2999 with a GF Score™ of 40/100 and a GF Value™ of 円280.61 (Significantly Overvalued). The stock has 8 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.

Home Position Co's operating assets for the quarter that ended in Feb. 2026 was 円11,710 Mil. Home Position Co's operating liabilities for the quarter that ended in Feb. 2026 was 円937 Mil. Home Position Co's Total Assets for the quarter that ended in Aug. 2025 was 円14,473 Mil. Therefore, Home Position Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.74.


Home Position Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Home Position 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.

Home Position Co Scaled Net Operating Assets Chart

Home Position Co Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.09 0.84 0.87 0.54 0.91

Home Position Co Semi-Annual Data
Aug20 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.69 0.58 0.84 0.78 0.74

TSE:2999 vs DHI, PHM, LEN: Scaled Net Operating Assets Comparison

For the Residential Construction subindustry, Home Position 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.


Home Position Co Scaled Net Operating Assets vs Homebuilding & Construction Industry

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

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


TSE:2999
40GF Score
Home Position Co Ltd TSE:2999
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Home Position 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.

Home Position Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2025 )
=(Operating Assets (A: Aug. 2025 )-Operating Liabilities (A: Aug. 2025 ))/Total Assets (A: Aug. 2024 )
=(11627.429-1000.194)/11632.404
=0.91

where

Operating Assets(A: Aug. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14473.408 - 2845.979
=11627.429

Operating Liabilities(A: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8704.185 - 1334.886 - 6369.105
=1000.194

Home Position Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Aug. 2025 )
=(11710.167-936.749)/14473.408
=0.74

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15467.276 - 3757.109
=11710.167

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9515.796 - 1515.093 - 7063.954
=936.749

* 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 0.74 mean?
Home Position Co (TSE:2999) has a Scaled Net Operating Assets of 0.74 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Home Position Co and its competitors.
Is Home Position Co's Scaled Net Operating Assets too high?
Home Position Co's current Scaled Net Operating Assets is 0.74. Overall, Home Position Co has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Home Position Co's Scaled Net Operating Assets compare to DHI and PHM?
Home Position Co's Scaled Net Operating Assets of 0.74 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 Home Position Co and its competitors. Home Position Co's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Home Position Co stock overvalued right now?
Based on GuruFocus' analysis, Home Position Co (TSE:2999) is currently considered Significantly Overvalued. The stock's GF Value™ is 円280.61, compared to a current price of 円603.00 — trading 114.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.74. Home Position Co's overall GF Score™ is 40/100 with 8 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 Home Position Co (TSE:2999), the current Scaled Net Operating Assets is 0.74 as of Feb. 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 Home Position Co (TSE:2999) Overvalued in 2026?

Based on GuruFocus' analysis, Home Position Co stock appears to be overvalued. The current stock price of 円603.00 is trading 114.9% above its estimated GF Value™ of 円280.61. GuruFocus considers Home Position Co to be Significantly Overvalued.

Key valuation signals for TSE:2999:

  • Scaled Net Operating Assets: 0.74
  • GF Value™: 円280.61 vs. price of 円603.00 (114.9% above fair value)
  • GF Score™: 40/100 with 8 warning signs

No single metric tells the full story. See the TSE:2999 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Home Position Co Business Description

Address 260 Yoshikawa, Shimizu-ku, Shizuoka Prefecture, Shizuoka, JPN, 424-0055
Home Position Co Ltd is engaged in developing a detached house sales business in the Tokai and Kanto areas, mainly in Shizuoka Prefecture.
40GF Score

Get the complete analysis for TSE:2999

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

円603.00
Price
円280.61
GF Value