Hamee (TSE:3134) Scaled Net Operating Assets: 0.49 (As of Apr. 2026)


TSE:3134 Hamee Corp TSE:3134
70 GF Score
Price 円281.00
GF Value 円631.56
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Hamee Scaled Net Operating Assets?

Hamee TSE:3134 70 Scaled Net Operating Assets is 0.49 as of Apr. 2026. GuruFocus rates TSE:3134 with a GF Score™ of 70/100 and a GF Value™ of 円631.56 (Possible Value Trap). The stock has 7 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.

Hamee's operating assets for the quarter that ended in Apr. 2026 was 円11,762 Mil. Hamee's operating liabilities for the quarter that ended in Apr. 2026 was 円2,155 Mil. Hamee's Total Assets for the quarter that ended in Oct. 2025 was 円19,556 Mil. Therefore, Hamee's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.49.


Hamee Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hamee'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.

Hamee Scaled Net Operating Assets Chart

Hamee Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.64 0.68 0.65 0.57

Hamee 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 0.72 0.56 0.65 0.49

TSE:3134 vs AMZN, BABA, PDD: Scaled Net Operating Assets Comparison

For the Internet Retail subindustry, Hamee'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.


Hamee Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hamee's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:3134
70GF Score
Hamee Corp TSE:3134
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hamee 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.

Hamee'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 )
=(11762.415-2154.664)/16972.59
=0.57

where

Operating Assets(A: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13574.479 - 1812.064
=11762.415

Operating Liabilities(A: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6254.664 - 0 - 4100
=2154.664

Hamee'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 )
=(11762.415-2154.664)/19556.402
=0.49

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13574.479 - 1812.064
=11762.415

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6254.664 - 0 - 4100
=2154.664

* 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 0.49 mean?
Hamee (TSE:3134) has a Scaled Net Operating Assets of 0.49 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 Hamee and its competitors.
Is Hamee's Scaled Net Operating Assets too high?
Hamee's current Scaled Net Operating Assets is 0.49. Overall, Hamee has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hamee's Scaled Net Operating Assets compare to AMZN and BABA?
Hamee's Scaled Net Operating Assets of 0.49 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Hamee and its competitors. Hamee's current Scaled Net Operating Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamee stock overvalued right now?
Based on GuruFocus' analysis, Hamee (TSE:3134) is currently considered Possible Value Trap. The stock's GF Value™ is 円631.56, compared to a current price of 円281.00 — trading 55.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.49. Hamee's overall GF Score™ is 70/100 with 7 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 Hamee (TSE:3134), the current Scaled Net Operating Assets is 0.49 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 Hamee (TSE:3134) Overvalued in 2026?

Based on GuruFocus' analysis, Hamee stock appears to be undervalued. The current stock price of 円281.00 is trading 55.5% below its estimated GF Value™ of 円631.56. GuruFocus considers Hamee to be Possible Value Trap.

Key valuation signals for TSE:3134:

  • Scaled Net Operating Assets: 0.49
  • GF Value™: 円631.56 vs. price of 円281.00 (55.5% below fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the TSE:3134 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamee Business Description

Address 2-12-10 Sakaemachi, Square O2, Kanagawa Prefecture, Odawara, JPN, 250-0011
Hamee Corp engages in the planning and sale of mobile accessories. It operates through the following segments: Commerce and Platform business. The Commerce Business purchases and sells mobile phones and smartphone accessories. The Platform Business offers the sale of internet shopping operating companies and support services of inventory management. It engages in the development and provision of Next Engine, a cloud-type business management platform for Internet mail-order business operators.
70GF Score

Get the complete analysis for TSE:3134

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

円281.00
Price
円631.56
GF Value