Hamakyorex Co (TSE:9037) Scaled Net Operating Assets: 0.67 (As of Mar. 2026)

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TSE:9037 Hamakyorex Co Ltd TSE:9037
89 GF Score
Price 円1,843.00
GF Value 円1,396.17
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hamakyorex Co Scaled Net Operating Assets?

Hamakyorex Co TSE:9037 +0.77% 89 Scaled Net Operating Assets is 0.67 as of Mar. 2026. GuruFocus rates TSE:9037 with a GF Score™ of 89/100 and a GF Value™ of 円1,396.17 (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.

Hamakyorex Co's operating assets for the quarter that ended in Mar. 2026 was 円143,503 Mil. Hamakyorex Co's operating liabilities for the quarter that ended in Mar. 2026 was 円29,739 Mil. Hamakyorex Co's Total Assets for the quarter that ended in Dec. 2025 was 円169,043 Mil. Therefore, Hamakyorex Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.67.


Hamakyorex Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hamakyorex 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.

Hamakyorex Co Scaled Net Operating Assets Chart

Hamakyorex 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 0.69 0.65 0.67 0.69 0.71

Hamakyorex Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.67 0.66 0.68 0.68 0.67

TSE:9037 vs UPS, FDX, JBHT: Scaled Net Operating Assets Comparison

For the Integrated Freight & Logistics subindustry, Hamakyorex 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.


Hamakyorex Co Scaled Net Operating Assets vs Transportation Industry

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

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


TSE:9037
89GF Score
Hamakyorex Co Ltd TSE:9037
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hamakyorex 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.

Hamakyorex 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 )
=(143503-29739)/159446
=0.71

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=172360 - 28857
=143503

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=61251 - 16450 - 15062
=29739

Hamakyorex 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: Dec. 2025 )
=(143503-29739)/169043
=0.67

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=172360 - 28857
=143503

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=61251 - 16450 - 15062
=29739

* 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 0.67 mean?
Hamakyorex Co (TSE:9037) has a Scaled Net Operating Assets of 0.67 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 Hamakyorex Co and its competitors.
Is Hamakyorex Co's Scaled Net Operating Assets too high?
Hamakyorex Co's current Scaled Net Operating Assets is 0.67. Overall, Hamakyorex Co has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hamakyorex Co's Scaled Net Operating Assets compare to UPS and FDX?
Hamakyorex Co's Scaled Net Operating Assets of 0.67 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 Hamakyorex Co and its competitors. Hamakyorex Co's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamakyorex Co stock overvalued right now?
Based on GuruFocus' analysis, Hamakyorex Co (TSE:9037) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,396.17, compared to a current price of 円1,843.00 — trading 32% above its estimated fair value. The current Scaled Net Operating Assets is 0.67. Hamakyorex Co's overall GF Score™ is 89/100 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 Hamakyorex Co (TSE:9037), the current Scaled Net Operating Assets is 0.67 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 Hamakyorex Co (TSE:9037) Overvalued in 2026?

Based on GuruFocus' analysis, Hamakyorex Co stock appears to be overvalued. The current stock price of 円1,843.00 is trading 32% above its estimated GF Value™ of 円1,396.17. GuruFocus considers Hamakyorex Co to be Significantly Overvalued.

Key valuation signals for TSE:9037:

  • Scaled Net Operating Assets: 0.67
  • GF Value™: 円1,396.17 vs. price of 円1,843.00 (32% above fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the TSE:9037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamakyorex Co Business Description

Address 1701-1 Terawaki-cho, Minami-ku, Shizuoka, Hamamatsu-shi, JPN, 430 0841
Hamakyorex Co Ltd is a Japan based company engaged in the provision of logistics services. Its business activities include apparel physical distribution, medical equipment logistics, cosmetic logistics, bedding logistics, EC logistics, food distribution, miscellaneous goods distribution and other related activities.
89GF Score

Get the complete analysis for TSE:9037

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

円1,843.00
Price
円1,396.17
GF Value