Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Toho Holdings Co's operating assets for the quarter that ended in Mar. 2026 was 円646,420 Mil. Toho Holdings Co's operating liabilities for the quarter that ended in Mar. 2026 was 円459,334 Mil. Toho Holdings Co's Total Assets for the quarter that ended in Dec. 2025 was 円826,097 Mil. Therefore, Toho Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.23.
Toho Holdings Co Scaled Net Operating Assets Related Terms
Toho Holdings Co Scaled Net Operating Assets Historical Data
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The historical data trend for Toho 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.
Toho Holdings Co Scaled Net Operating Assets Chart
TSE:8129 vs MCK, CAH, COR: Scaled Net Operating Assets Comparison
For the Medical Distribution subindustry, Toho 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.
Toho Holdings Co Scaled Net Operating Assets vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Toho Holdings Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Toho Holdings 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 0.23 mean?
Toho Holdings Co (TSE:8129) has a Scaled Net Operating Assets of 0.23 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 Toho Holdings Co and its competitors.
Is Toho Holdings Co's Scaled Net Operating Assets too high?
Toho Holdings Co's current Scaled Net Operating Assets is 0.23. Overall, Toho Holdings Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toho Holdings Co's Scaled Net Operating Assets compare to MCK and CAH?
Toho Holdings Co's Scaled Net Operating Assets of 0.23 can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Scaled Net Operating Assets depends on the Medical Distribution 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 Toho Holdings Co and its competitors. Toho Holdings Co's current Scaled Net Operating Assets is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Holdings Co (TSE:8129) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,792.65, compared to a current price of 円4,010.00 — trading 16.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.23. Toho Holdings Co's overall GF Score™ is 85/100 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 Toho Holdings Co (TSE:8129), the current Scaled Net Operating Assets is 0.23 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 Toho Holdings Co (TSE:8129) Overvalued in 2026?
Based on GuruFocus' analysis, Toho Holdings Co stock appears to be undervalued.
The current stock price of 円4,010.00 is trading 16.3% below its estimated GF Value™ of 円4,792.65.
GuruFocus considers Toho Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:8129:
Scaled Net Operating Assets: 0.23
GF Value™: 円4,792.65 vs. price of 円4,010.00 (16.3% below fair value)
No single metric tells the full story. See the TSE:8129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toho Holdings Co Ltd is a specialty and generic drug manufacturing company. The company's business includes pharmaceutical wholesaling and pharmacy dispensing. It also maintains a site-management organization business that assists a variety of medical establishments, ranging from large medical institutions to private clinics, with a wide range of clinical trials under contract. The company supports medical institutions suitable for respective trials to improve the quality and speed of clinical trials. It generates additional revenue through software sales to medical institutions.
85GF Score
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