Shinhokoku Material (TSE:5542) Scaled Net Operating Assets: 0.46 (As of Dec. 2025)

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TSE:5542 Shinhokoku Material Corp TSE:5542
73 GF Score
Price 円801.00
GF Value 円555.76
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Shinhokoku Material Scaled Net Operating Assets?

Shinhokoku Material TSE:5542 73 Scaled Net Operating Assets is 0.46 as of Dec. 2025. GuruFocus rates TSE:5542 with a GF Score™ of 73/100 and a GF Value™ of 円555.76 (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.

Shinhokoku Material's operating assets for the quarter that ended in Dec. 2025 was 円4,411 Mil. Shinhokoku Material's operating liabilities for the quarter that ended in Dec. 2025 was 円813 Mil. Shinhokoku Material's Total Assets for the quarter that ended in Sep. 2025 was 円7,832 Mil. Therefore, Shinhokoku Material's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.46.


Shinhokoku Material Scaled Net Operating Assets Historical Data

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The historical data trend for Shinhokoku Material'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.

Shinhokoku Material Scaled Net Operating Assets Chart

Shinhokoku Material 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 0.53 0.57 0.58 0.43 0.46

Shinhokoku Material 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 0.43 0.42 0.46 0.46 0.44

TSE:5542 vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Shinhokoku Material'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.


Shinhokoku Material Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Shinhokoku Material's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:5542
73GF Score
Shinhokoku Material Corp TSE:5542
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinhokoku Material 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.

Shinhokoku Material'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 )
=(4410.904-812.801)/7799.956
=0.46

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7725.366 - 3314.462
=4410.904

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1918.869 - 703.635 - 402.433
=812.801

Shinhokoku Material's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(4410.904-812.801)/7831.732
=0.46

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7725.366 - 3314.462
=4410.904

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1918.869 - 703.635 - 402.433
=812.801

* 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 0.46 mean?
Shinhokoku Material (TSE:5542) has a Scaled Net Operating Assets of 0.46 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Shinhokoku Material and its competitors.
Is Shinhokoku Material's Scaled Net Operating Assets too high?
Shinhokoku Material's current Scaled Net Operating Assets is 0.46. Overall, Shinhokoku Material has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinhokoku Material's Scaled Net Operating Assets compare to NUE and STLD?
Shinhokoku Material's Scaled Net Operating Assets of 0.46 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 Shinhokoku Material and its competitors. Shinhokoku Material's current Scaled Net Operating Assets is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinhokoku Material stock overvalued right now?
Based on GuruFocus' analysis, Shinhokoku Material (TSE:5542) is currently considered Significantly Overvalued. The stock's GF Value™ is 円555.76, compared to a current price of 円801.00 — trading 44.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.46. Shinhokoku Material's overall GF Score™ is 73/100 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 Shinhokoku Material (TSE:5542), the current Scaled Net Operating Assets is 0.46 as of Dec. 2025. 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 Shinhokoku Material (TSE:5542) Overvalued in 2026?

Based on GuruFocus' analysis, Shinhokoku Material stock appears to be overvalued. The current stock price of 円801.00 is trading 44.1% above its estimated GF Value™ of 円555.76. GuruFocus considers Shinhokoku Material to be Significantly Overvalued.

Key valuation signals for TSE:5542:

  • Scaled Net Operating Assets: 0.46
  • GF Value™: 円555.76 vs. price of 円801.00 (44.1% above fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the TSE:5542 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinhokoku Material Business Description

Address 5-13-1 Shinjuku town Kawagoe, Saitama, JPN, 350-1124
Shinhokoku Material Corp is a Japan-based company that engages in the manufacture and sale of special alloy industrial castings and precision processed products. The company has two business segments, which include the Special alloy business and the Real estate rental business. The company generates the majority of its revenue from the special alloy business segment, which produces parts for semiconductor and FPD manufacturing equipment, tools for manufacturing seamless steel pipes, electrical resistance materials, and special welding rods.
73GF Score

Get the complete analysis for TSE:5542

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

円801.00
Price
円555.76
GF Value