Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Horai Co's operating assets for the quarter that ended in Mar. 2026 was 円17,844 Mil. Horai Co's operating liabilities for the quarter that ended in Mar. 2026 was 円6,586 Mil. Horai Co's Total Assets for the quarter that ended in Dec. 2025 was 円19,492 Mil. Therefore, Horai Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.58.
Horai Co Scaled Net Operating Assets Related Terms
Horai Co Scaled Net Operating Assets Historical Data
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The historical data trend for Horai 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.
TSE:9679 vs BRK.A, AIG, HIG: Scaled Net Operating Assets Comparison
For the Insurance - Diversified subindustry, Horai 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.
Horai Co Scaled Net Operating Assets vs Insurance Industry
For the Insurance industry and Financial Services sector, Horai Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Horai 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 0.58 mean?
Horai Co (TSE:9679) has a Scaled Net Operating Assets of 0.58 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 Horai Co and its competitors.
Is Horai Co's Scaled Net Operating Assets too high?
Horai Co's current Scaled Net Operating Assets is 0.58. Overall, Horai Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horai Co's Scaled Net Operating Assets compare to BRK.A and AIG?
Horai Co's Scaled Net Operating Assets of 0.58 can be compared against companies in the Insurance 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 an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Horai Co and its competitors. Horai Co's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horai Co stock overvalued right now?
Based on GuruFocus' analysis, Horai Co (TSE:9679) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,961.28, compared to a current price of 円2,320.00 — trading 18.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.58. Horai Co's overall GF Score™ is 75/100 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 Horai Co (TSE:9679), the current Scaled Net Operating Assets is 0.58 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 Horai Co (TSE:9679) Overvalued in 2026?
Based on GuruFocus' analysis, Horai Co stock appears to be overvalued.
The current stock price of 円2,320.00 is trading 18.3% above its estimated GF Value™ of 円1,961.28.
GuruFocus considers Horai Co to be Modestly Overvalued.
Key valuation signals for TSE:9679:
Scaled Net Operating Assets: 0.58
GF Value™: 円1,961.28 vs. price of 円2,320.00 (18.3% above fair value)
No single metric tells the full story. See the TSE:9679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horai Co Ltd is engaged in the insurance agency business, rental property operation and management, real estate buying and selling and brokerage, feed production, dairy cow breeding, production and sales of milk and dairy products, operation of restaurants and tourist facilities, and operation of golf courses. The company is mainly engaged in Insurance business.
75GF Score
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