Cluster Technology Co (TSE:4240) Scaled Net Operating Assets: 0.34 (As of Mar. 2026)


TSE:4240 Cluster Technology Co Ltd TSE:4240
78 GF Score
Price 円316.00
GF Value 円427.52
Valuation Modestly Undervalued
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What is Cluster Technology Co Scaled Net Operating Assets?

Cluster Technology Co TSE:4240 -0.63% 78 Scaled Net Operating Assets is 0.34 as of Mar. 2026. GuruFocus rates TSE:4240 with a GF Score™ of 78/100 and a GF Value™ of 円427.52 (Modestly Undervalued).

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

Cluster Technology Co's operating assets for the quarter that ended in Mar. 2026 was 円933 Mil. Cluster Technology Co's operating liabilities for the quarter that ended in Mar. 2026 was 円262 Mil. Cluster Technology Co's Total Assets for the quarter that ended in Sep. 2025 was 円1,972 Mil. Therefore, Cluster Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.34.


Cluster Technology Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Cluster Technology 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.

Cluster Technology Co Scaled Net Operating Assets Chart

Cluster Technology Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.39 0.39 0.39 0.37

Cluster Technology Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 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 0.40 0.36 0.39 0.36 0.34

TSE:4240 vs APH, GLW: Scaled Net Operating Assets Comparison

For the Electronic Components subindustry, Cluster Technology 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.


Cluster Technology Co Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Cluster Technology Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:4240
78GF Score
Cluster Technology Co Ltd TSE:4240
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cluster Technology 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.

Cluster Technology 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 )
=(932.877-262.15)/1836.097
=0.37

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2024.695 - 1091.818
=932.877

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=270.301 - 5.445 - 2.706
=262.15

Cluster Technology 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 )
=(932.877-262.15)/1971.885
=0.34

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2024.695 - 1091.818
=932.877

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=270.301 - 5.445 - 2.706
=262.15

* 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 0.34 mean?
Cluster Technology Co (TSE:4240) has a Scaled Net Operating Assets of 0.34 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 Cluster Technology Co and its competitors.
Is Cluster Technology Co's Scaled Net Operating Assets too high?
Cluster Technology Co's current Scaled Net Operating Assets is 0.34. Overall, Cluster Technology Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cluster Technology Co's Scaled Net Operating Assets compare to APH and GLW?
Cluster Technology Co's Scaled Net Operating Assets of 0.34 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Cluster Technology Co and its competitors. Cluster Technology Co's current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cluster Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Cluster Technology Co (TSE:4240) is currently considered Modestly Undervalued. The stock's GF Value™ is 円427.52, compared to a current price of 円316.00 — trading 26.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.34. Cluster Technology Co's overall GF Score™ is 78/100. 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 Cluster Technology Co (TSE:4240), the current Scaled Net Operating Assets is 0.34 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 Cluster Technology Co (TSE:4240) Overvalued in 2026?

Based on GuruFocus' analysis, Cluster Technology Co stock appears to be undervalued. The current stock price of 円316.00 is trading 26.1% below its estimated GF Value™ of 円427.52. GuruFocus considers Cluster Technology Co to be Modestly Undervalued.

Key valuation signals for TSE:4240:

  • Scaled Net Operating Assets: 0.34
  • GF Value™: 円427.52 vs. price of 円316.00 (26.1% below fair value)
  • GF Score™: 78/100

No single metric tells the full story. See the TSE:4240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cluster Technology Co Business Description

Address 4-5-28 Shibukawa-cho, Higashiosaka-shi, Osaka, JPN, 577-0836
Cluster Technology Co Ltd develops and manufactures composite materials and Nano-micromachining including metal mold making. It also manufactures and sale molding dies, plastic molding materials. Its nanotechnology/microtechnology business products include sensor holders for autofocus of digital single lens reflex cameras, peripheral parts of image sensors, base parts of inkjet heads.
78GF Score

Get the complete analysis for TSE:4240

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

円316.00
Price
円427.52
GF Value