Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Tohoku Steel Co's operating assets for the quarter that ended in Mar. 2026 was 円25,354 Mil. Tohoku Steel Co's operating liabilities for the quarter that ended in Mar. 2026 was 円6,898 Mil. Tohoku Steel Co's Total Assets for the quarter that ended in Sep. 2025 was 円34,535 Mil. Therefore, Tohoku Steel Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.53.
Tohoku Steel Co Scaled Net Operating Assets Related Terms
Tohoku Steel Co Scaled Net Operating Assets Historical Data
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The historical data trend for Tohoku Steel 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.
TSE:5484 vs NUE, STLD, RS: Scaled Net Operating Assets Comparison
For the Steel subindustry, Tohoku Steel 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.
Tohoku Steel Co Scaled Net Operating Assets vs Steel Industry
For the Steel industry and Basic Materials sector, Tohoku Steel Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Tohoku Steel Co's Scaled Net Operating Assets falls into.
* 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 0.53 mean?
Tohoku Steel Co (TSE:5484) has a Scaled Net Operating Assets of 0.53 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 Tohoku Steel Co and its competitors.
Is Tohoku Steel Co's Scaled Net Operating Assets too high?
Tohoku Steel Co's current Scaled Net Operating Assets is 0.53. Overall, Tohoku Steel Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tohoku Steel Co's Scaled Net Operating Assets compare to NUE and STLD?
Tohoku Steel Co's Scaled Net Operating Assets of 0.53 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Tohoku Steel Co and its competitors. Tohoku Steel Co's current Scaled Net Operating Assets is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tohoku Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Tohoku Steel Co (TSE:5484) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,985.10, compared to a current price of 円4,450.00 — trading 124.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.53. Tohoku Steel Co's overall GF Score™ is 61/100 with 9 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 Tohoku Steel Co (TSE:5484), the current Scaled Net Operating Assets is 0.53 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 Tohoku Steel Co (TSE:5484) Overvalued in 2026?
Based on GuruFocus' analysis, Tohoku Steel Co stock appears to be overvalued.
The current stock price of 円4,450.00 is trading 124.2% above its estimated GF Value™ of 円1,985.10.
GuruFocus considers Tohoku Steel Co to be Significantly Overvalued.
Key valuation signals for TSE:5484:
Scaled Net Operating Assets: 0.53
GF Value™: 円1,985.10 vs. price of 円4,450.00 (124.2% above fair value)
No single metric tells the full story. See the TSE:5484 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tohoku Steel Co Ltd is engaged in manufacturing, processing, and distribution of various types of special steel. It provides magnetic materials, heat-resistant alloys, anti-corrosion alloys, low thermal expansion materials, electronic materials, base materials for deposition, and sealing materials.
61GF Score
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