Hotto Link (TSE:3680) Scaled Net Operating Assets: 0.42 (As of Mar. 2026)


TSE:3680 Hotto Link Inc TSE:3680
55 GF Score
Price 円215.00
GF Value 円93.03
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hotto Link Scaled Net Operating Assets?

Hotto Link TSE:3680 -0.46% 55 Scaled Net Operating Assets is 0.42 as of Mar. 2026. GuruFocus rates TSE:3680 with a GF Score™ of 55/100 and a GF Value™ of 円93.03 (Significantly 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.

Hotto Link's operating assets for the quarter that ended in Mar. 2026 was 円3,438 Mil. Hotto Link's operating liabilities for the quarter that ended in Mar. 2026 was 円891 Mil. Hotto Link's Total Assets for the quarter that ended in Dec. 2025 was 円5,997 Mil. Therefore, Hotto Link's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.42.


Hotto Link Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hotto Link'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.

Hotto Link Scaled Net Operating Assets Chart

Hotto Link Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.51 0.45 0.42 0.33

Hotto Link Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.44 0.44 0.47 0.36 0.43

TSE:3680 vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, Hotto Link'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.


Hotto Link Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Hotto Link's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:3680
55GF Score
Hotto Link Inc TSE:3680
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hotto Link 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.

Hotto Link's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(3565.123-982.689)/7871.414
=0.33

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5996.689 - 2431.566
=3565.123

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1962.946 - 747.487 - 232.77
=982.689

Hotto Link'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: Dec. 2025 )
=(3438.127-891.446)/5996.689
=0.42

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5744.213 - 2306.086
=3438.127

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1811.449 - 689.489 - 230.514
=891.446

* 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 0.42 mean?
Hotto Link (TSE:3680) has a Scaled Net Operating Assets of 0.42 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 Hotto Link and its competitors.
Is Hotto Link's Scaled Net Operating Assets too high?
Hotto Link's current Scaled Net Operating Assets is 0.42. Overall, Hotto Link has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hotto Link's Scaled Net Operating Assets compare to MSFT and ORCL?
Hotto Link's Scaled Net Operating Assets of 0.42 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Hotto Link and its competitors. Hotto Link's current Scaled Net Operating Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotto Link stock overvalued right now?
Based on GuruFocus' analysis, Hotto Link (TSE:3680) is currently considered Significantly Overvalued. The stock's GF Value™ is 円93.03, compared to a current price of 円215.00 — trading 131.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.42. Hotto Link's overall GF Score™ is 55/100 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 Hotto Link (TSE:3680), the current Scaled Net Operating Assets is 0.42 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 Hotto Link (TSE:3680) Overvalued in 2026?

Based on GuruFocus' analysis, Hotto Link stock appears to be overvalued. The current stock price of 円215.00 is trading 131.1% above its estimated GF Value™ of 円93.03. GuruFocus considers Hotto Link to be Significantly Overvalued.

Key valuation signals for TSE:3680:

  • Scaled Net Operating Assets: 0.42
  • GF Value™: 円93.03 vs. price of 円215.00 (131.1% above fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the TSE:3680 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hotto Link Business Description

Address 1-3-11 Fujimi, 5th Floor, Fujimi Duplex Biz, Chiyoda-ku, Tokyo, JPN, 102-0071
Hotto Link Inc provides social big data solutions, offering SNS marketing support services mainly for domestic clients and selling SNS data access rights through its DaaS business. It also operates a Web3-related business that includes investment and research activities via Nonagon Capital, supporting startups and offering community services like Nonagon Report and Nonagon Connect.
55GF Score

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

円215.00
Price
円93.03
GF Value