Tamagawa Holdings Co (TSE:6838) Scaled Net Operating Assets: 0.79 (As of Apr. 2026)

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TSE:6838 Tamagawa Holdings Co Ltd TSE:6838
56 GF Score
Price 円1,446.00
GF Value 円1,080.94
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tamagawa Holdings Co Scaled Net Operating Assets?

Tamagawa Holdings Co TSE:6838 -0.69% 56 Scaled Net Operating Assets is 0.79 as of Apr. 2026. GuruFocus rates TSE:6838 with a GF Score™ of 56/100 and a GF Value™ of 円1,080.94 (Significantly Overvalued). The stock has 5 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.

Tamagawa Holdings Co's operating assets for the quarter that ended in Apr. 2026 was 円11,321 Mil. Tamagawa Holdings Co's operating liabilities for the quarter that ended in Apr. 2026 was 円2,451 Mil. Tamagawa Holdings Co's Total Assets for the quarter that ended in Oct. 2025 was 円11,276 Mil. Therefore, Tamagawa Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.79.


Tamagawa Holdings Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Tamagawa Holdings 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.

Tamagawa Holdings Co Scaled Net Operating Assets Chart

Tamagawa Holdings Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Oct25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.54 0.74 0.80 0.82

Tamagawa Holdings Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Apr25 Oct25 Apr26
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 0.80 0.75 0.75 0.75 0.79

TSE:6838 vs HON, MMM: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Tamagawa Holdings 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.


Tamagawa Holdings Co Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tamagawa Holdings Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:6838
56GF Score
Tamagawa Holdings Co Ltd TSE:6838
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tamagawa Holdings 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.

Tamagawa Holdings Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Mar. 2024 )
=(9933.52-2086.84)/9574.075
=0.82

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11276.172 - 1342.652
=9933.52

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5804.848 - 2853.609 - 864.399
=2086.84

Tamagawa Holdings Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Oct. 2025 )
=(11321.252-2451.176)/11276.172
=0.79

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15116.537 - 3795.285
=11321.252

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5996.144 - 2836.376 - 708.592
=2451.176

* 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 0.79 mean?
Tamagawa Holdings Co (TSE:6838) has a Scaled Net Operating Assets of 0.79 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Tamagawa Holdings Co and its competitors.
Is Tamagawa Holdings Co's Scaled Net Operating Assets too high?
Tamagawa Holdings Co's current Scaled Net Operating Assets is 0.79. Overall, Tamagawa Holdings Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamagawa Holdings Co's Scaled Net Operating Assets compare to HON and MMM?
Tamagawa Holdings Co's Scaled Net Operating Assets of 0.79 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 Tamagawa Holdings Co and its competitors. Tamagawa Holdings Co's current Scaled Net Operating Assets is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamagawa Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Tamagawa Holdings Co (TSE:6838) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,080.94, compared to a current price of 円1,446.00 — trading 33.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.79. Tamagawa Holdings Co's overall GF Score™ is 56/100 with 5 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 Tamagawa Holdings Co (TSE:6838), the current Scaled Net Operating Assets is 0.79 as of Apr. 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 Tamagawa Holdings Co (TSE:6838) Overvalued in 2026?

Based on GuruFocus' analysis, Tamagawa Holdings Co stock appears to be overvalued. The current stock price of 円1,446.00 is trading 33.8% above its estimated GF Value™ of 円1,080.94. GuruFocus considers Tamagawa Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:6838:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: 円1,080.94 vs. price of 円1,446.00 (33.8% above fair value)
  • GF Score™: 56/100 with 5 warning signs

No single metric tells the full story. See the TSE:6838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tamagawa Holdings Co Business Description

Address VORT Hamamatsu-cho l, 2 Floor,1-6-15 Hamamatsu-cho, Minato-ku, Tokyo, JPN, 105-0013
Tamagawa Holdings Co Ltd manufactures and sells electronics and telecommunications equipment. Its products include wireless equipment components such as amplifiers, attenuators, filters, distributors and frequency synthesizers. It is also operates in solar power stations including mega solar and geothermal power generation plant.
56GF Score

Get the complete analysis for TSE:6838

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

円1,446.00
Price
円1,080.94
GF Value