HIRAYAMA Holdings Co (TSE:7781) Scaled Net Operating Assets: -0.03 (As of Dec. 2025)

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TSE:7781 HIRAYAMA Holdings Co Ltd TSE:7781
78 GF Score
Price 円793.00
GF Value 円418.98
Valuation Significantly Overvalued
! 3 Warning Signs
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What is HIRAYAMA Holdings Co Scaled Net Operating Assets?

HIRAYAMA Holdings Co TSE:7781 +2.85% 78 Scaled Net Operating Assets is -0.03 as of Dec. 2025. GuruFocus rates TSE:7781 with a GF Score™ of 78/100 and a GF Value™ of 円418.98 (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.

HIRAYAMA Holdings Co's operating assets for the quarter that ended in Dec. 2025 was 円6,324 Mil. HIRAYAMA Holdings Co's operating liabilities for the quarter that ended in Dec. 2025 was 円6,653 Mil. HIRAYAMA Holdings Co's Total Assets for the quarter that ended in Sep. 2025 was 円12,527 Mil. Therefore, HIRAYAMA Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.03.


HIRAYAMA Holdings Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for HIRAYAMA 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.

HIRAYAMA Holdings Co Scaled Net Operating Assets Chart

HIRAYAMA Holdings Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 0.05 0.06 0.02 0.02

HIRAYAMA Holdings Co 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 0.03 0.02 0.00 -0.03 0.01

TSE:7781 vs KFY, RHI, TNET: Scaled Net Operating Assets Comparison

For the Staffing & Employment Services subindustry, HIRAYAMA 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.


HIRAYAMA Holdings Co Scaled Net Operating Assets vs Business Services Industry

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

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


TSE:7781
78GF Score
HIRAYAMA Holdings Co Ltd TSE:7781
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HIRAYAMA 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.

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

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(6296.014-6114.557)/12294.242
=0.01

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12358.275 - 6062.261
=6296.014

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7351.557 - 805 - 432
=6114.557

HIRAYAMA Holdings Co'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 )
=(6323.505-6653.138)/12526.994
=-0.03

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13086.321 - 6762.816
=6323.505

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7640.638 - 622.5 - 365
=6653.138

* 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 -0.03 mean?
HIRAYAMA Holdings Co (TSE:7781) has a Scaled Net Operating Assets of -0.03 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 HIRAYAMA Holdings Co and its competitors.
Is HIRAYAMA Holdings Co's Scaled Net Operating Assets too high?
HIRAYAMA Holdings Co's current Scaled Net Operating Assets is -0.03. Overall, HIRAYAMA Holdings Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HIRAYAMA Holdings Co's Scaled Net Operating Assets compare to KFY and RHI?
HIRAYAMA Holdings Co's Scaled Net Operating Assets of -0.03 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 HIRAYAMA Holdings Co and its competitors. HIRAYAMA Holdings Co's current Scaled Net Operating Assets is -0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HIRAYAMA Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, HIRAYAMA Holdings Co (TSE:7781) is currently considered Significantly Overvalued. The stock's GF Value™ is 円418.98, compared to a current price of 円793.00 — trading 89.3% above its estimated fair value. The current Scaled Net Operating Assets is -0.03. HIRAYAMA Holdings Co's overall GF Score™ is 78/100 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 HIRAYAMA Holdings Co (TSE:7781), the current Scaled Net Operating Assets is -0.03 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 HIRAYAMA Holdings Co (TSE:7781) Overvalued in 2026?

Based on GuruFocus' analysis, HIRAYAMA Holdings Co stock appears to be overvalued. The current stock price of 円793.00 is trading 89.3% above its estimated GF Value™ of 円418.98. GuruFocus considers HIRAYAMA Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:7781:

  • Scaled Net Operating Assets: -0.03
  • GF Value™: 円418.98 vs. price of 円793.00 (89.3% above fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the TSE:7781 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HIRAYAMA Holdings Co Business Description

Address 1-8-40 Konan, 6th Floor, A-Place Shinagawa, Minato-ku, Tokyo, JPN, 108-0075
HIRAYAMA Holdings Co Ltd is engaged in the staffing business. The company's services include manufacturing consulting service, Factory outsourcing service, Temp staffing service, and Fee-charging job placement service. It also provides in-sourcing/dispatch projects and engineer dispatch/contract development projects.
78GF Score

Get the complete analysis for TSE:7781

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

円793.00
Price
円418.98
GF Value