THine Electronics (TSE:6769) Scaled Net Operating Assets: 0.16 (As of Mar. 2026)


TSE:6769 THine Electronics Inc TSE:6769
66 GF Score
Price 円1,108.00
GF Value 円846.76
Valuation Significantly Overvalued
! 3 Warning Signs
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What is THine Electronics Scaled Net Operating Assets?

THine Electronics TSE:6769 -1.42% 66 Scaled Net Operating Assets is 0.16 as of Mar. 2026. GuruFocus rates TSE:6769 with a GF Score™ of 66/100 and a GF Value™ of 円846.76 (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.

THine Electronics's operating assets for the quarter that ended in Mar. 2026 was 円2,561 Mil. THine Electronics's operating liabilities for the quarter that ended in Mar. 2026 was 円1,058 Mil. THine Electronics's Total Assets for the quarter that ended in Dec. 2025 was 円9,665 Mil. Therefore, THine Electronics's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.16.


THine Electronics Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for THine Electronics'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.

THine Electronics Scaled Net Operating Assets Chart

THine Electronics 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 0.15 0.25 0.19 0.22 0.24

THine Electronics Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 0.23 0.19 0.19 0.25 0.16

TSE:6769 vs NVDA, AVGO, MU: Scaled Net Operating Assets Comparison

For the Semiconductors subindustry, THine Electronics'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.


THine Electronics Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, THine Electronics's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:6769
66GF Score
THine Electronics Inc TSE:6769
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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THine Electronics 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.

THine Electronics'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 )
=(3211.178-748.098)/10329.762
=0.24

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9665.465 - 6454.287
=3211.178

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=748.098 - 0 - 0
=748.098

THine Electronics'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 )
=(2561.491-1057.661)/9665.465
=0.16

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9513.537 - 6952.046
=2561.491

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1057.661 - 0 - 0
=1057.661

* 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 0.16 mean?
THine Electronics (TSE:6769) has a Scaled Net Operating Assets of 0.16 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 THine Electronics and its competitors.
Is THine Electronics' Scaled Net Operating Assets too high?
THine Electronics' current Scaled Net Operating Assets is 0.16. Overall, THine Electronics has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does THine Electronics' Scaled Net Operating Assets compare to NVDA and AVGO?
THine Electronics' Scaled Net Operating Assets of 0.16 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 THine Electronics and its competitors. THine Electronics's current Scaled Net Operating Assets is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THine Electronics stock overvalued right now?
Based on GuruFocus' analysis, THine Electronics (TSE:6769) is currently considered Significantly Overvalued. The stock's GF Value™ is 円846.76, compared to a current price of 円1,108.00 — trading 30.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.16. THine Electronics' overall GF Score™ is 66/100 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 THine Electronics (TSE:6769), the current Scaled Net Operating Assets is 0.16 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 THine Electronics (TSE:6769) Overvalued in 2026?

Based on GuruFocus' analysis, THine Electronics stock appears to be overvalued. The current stock price of 円1,108.00 is trading 30.9% above its estimated GF Value™ of 円846.76. GuruFocus considers THine Electronics to be Significantly Overvalued.

Key valuation signals for TSE:6769:

  • Scaled Net Operating Assets: 0.16
  • GF Value™: 円846.76 vs. price of 円1,108.00 (30.9% above fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the TSE:6769 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


THine Electronics Business Description

Address 9-1 Kanda-mitoshiro-cho MD-Kanda Building, Chiyoda-ku, Tokyo, JPN, 101-0053
THine Electronics Inc is a Japanese based fabless semiconductor maker. Together with its subsidiaries, the firm is engaged in planning, designing, and sales of mixed-signal LSI business and AIoT business. Its products are used in automotive, medical, camera, gaming, multifunction printer, mobiles, and projector. Its product portfolio includes motor driver, power module, a timing controller, image signal processor (ISP), repeater among others. The company has a geographic presence in Japan, Korea, China, Taiwan, Europe, and North America.
66GF 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1,108.00
Price
円846.76
GF Value