Hiroshima Electric Railway Co (TSE:9033) Scaled Net Operating Assets: 0.75 (As of Mar. 2026)

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TSE:9033 Hiroshima Electric Railway Co Ltd TSE:9033
63 GF Score
Price 円624.00
GF Value 円780.07
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hiroshima Electric Railway Co Scaled Net Operating Assets?

Hiroshima Electric Railway Co TSE:9033 +0.16% 63 Scaled Net Operating Assets is 0.75 as of Mar. 2026. GuruFocus rates TSE:9033 with a GF Score™ of 63/100 and a GF Value™ of 円780.07 (Modestly Undervalued). The stock has 4 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.

Hiroshima Electric Railway Co's operating assets for the quarter that ended in Mar. 2026 was 円105,456 Mil. Hiroshima Electric Railway Co's operating liabilities for the quarter that ended in Mar. 2026 was 円32,622 Mil. Hiroshima Electric Railway Co's Total Assets for the quarter that ended in Sep. 2025 was 円97,712 Mil. Therefore, Hiroshima Electric Railway Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.75.


Hiroshima Electric Railway Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hiroshima Electric Railway 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.

Hiroshima Electric Railway Co Scaled Net Operating Assets Chart

Hiroshima Electric Railway Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.68 0.67 0.67 0.70

Hiroshima Electric Railway Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.71 0.65 0.69 0.64 0.75

TSE:9033 vs UNP, CSX, NSC: Scaled Net Operating Assets Comparison

For the Railroads subindustry, Hiroshima Electric Railway 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.


Hiroshima Electric Railway Co Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Hiroshima Electric Railway Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hiroshima Electric Railway Co's Scaled Net Operating Assets falls into.


TSE:9033
63GF Score
Hiroshima Electric Railway Co Ltd TSE:9033
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiroshima Electric Railway 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.

Hiroshima Electric Railway Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(105456-32622)/104082
=0.70

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=108722 - 3266
=105456

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=63200 - 15102 - 15476
=32622

Hiroshima Electric Railway Co'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: Sep. 2025 )
=(105456-32622)/97712
=0.75

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=108722 - 3266
=105456

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=63200 - 15102 - 15476
=32622

* 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 0.75 mean?
Hiroshima Electric Railway Co (TSE:9033) has a Scaled Net Operating Assets of 0.75 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 Hiroshima Electric Railway Co and its competitors.
Is Hiroshima Electric Railway Co's Scaled Net Operating Assets too high?
Hiroshima Electric Railway Co's current Scaled Net Operating Assets is 0.75. Overall, Hiroshima Electric Railway Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiroshima Electric Railway Co's Scaled Net Operating Assets compare to UNP and CSX?
Hiroshima Electric Railway Co's Scaled Net Operating Assets of 0.75 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Hiroshima Electric Railway Co and its competitors. Hiroshima Electric Railway Co's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroshima Electric Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Hiroshima Electric Railway Co (TSE:9033) is currently considered Modestly Undervalued. The stock's GF Value™ is 円780.07, compared to a current price of 円624.00 — trading 20% below its estimated fair value. The current Scaled Net Operating Assets is 0.75. Hiroshima Electric Railway Co's overall GF Score™ is 63/100 with 4 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 Hiroshima Electric Railway Co (TSE:9033), the current Scaled Net Operating Assets is 0.75 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 Hiroshima Electric Railway Co (TSE:9033) Overvalued in 2026?

Based on GuruFocus' analysis, Hiroshima Electric Railway Co stock appears to be undervalued. The current stock price of 円624.00 is trading 20% below its estimated GF Value™ of 円780.07. GuruFocus considers Hiroshima Electric Railway Co to be Modestly Undervalued.

Key valuation signals for TSE:9033:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: 円780.07 vs. price of 円624.00 (20% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the TSE:9033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiroshima Electric Railway Co Business Description

Address 2-9-29 Higashi-Senda-cho, Naka-ku, Hiroshima Prefecture, Hiroshima, JPN, 730-8610
Hiroshima Electric Railway Co Ltd operates in various sectors such as Transportation which includes railway and railroad business, Bus business, ropeway, air transport agency, and hire business; Distribution business includes merchandise sales; Real estate business includes rental and sales business; Construction includes civil engineering, telecommunication construction; and Leisure business includes catering, bowling, golf and travel business.
63GF Score

Get the complete analysis for TSE:9033

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

円624.00
Price
円780.07
GF Value