Neptune Digital Assets (HAM:1NW) Total Operating Expense: €2.76 Mil (TTM As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:1NW Neptune Digital Assets Corp HAM:1NW
24 GF Score
Price €0.36
GF Value €0.13
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Neptune Digital Assets Total Operating Expense?

Neptune Digital Assets HAM:1NW -3.12% 24 Total Operating Expense is €2.76 Mil as of Feb. 2026. GuruFocus rates HAM:1NW with a GF Score™ of 24/100 and a GF Value™ of €0.13 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Neptune Digital Assets's Total Operating Expense for the three months ended in Feb. 2026 was €0.89 Mil. Neptune Digital Assets's Total Operating Expense for the trailing twelve months (TTM) ended in Feb. 2026 was €2.76 Mil.

Neptune Digital Assets Total Operating Expense Related Terms

Neptune Digital Assets Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Neptune Digital Assets's Total Operating Expense 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.

Neptune Digital Assets Total Operating Expense Chart

Neptune Digital Assets Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Total Operating Expense
Get a 7-Day Free Trial 4.85 1.96 1.81 1.78 2.34

Neptune Digital Assets Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Total Operating Expense 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 0.48 0.52 1.04 0.31 0.89
HAM:1NW
24GF Score
Neptune Digital Assets Corp HAM:1NW
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neptune Digital Assets Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.76 Mil.

* 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 Total Operating Expense of €2.76 Mil mean?
Neptune Digital Assets (HAM:1NW) has a Total Operating Expense of €2.76 Mil as of Feb. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Neptune Digital Assets and its competitors.
Is Neptune Digital Assets' Total Operating Expense too high?
Neptune Digital Assets' current Total Operating Expense is €2.76 Mil. Overall, Neptune Digital Assets has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neptune Digital Assets' Total Operating Expense compare to MS and GS?
Neptune Digital Assets' Total Operating Expense of €2.76 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Capital Markets company?
A good Total Operating Expense depends on the Capital Markets industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Neptune Digital Assets and its competitors. Neptune Digital Assets's current Total Operating Expense is €2.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neptune Digital Assets stock overvalued right now?
Based on GuruFocus' analysis, Neptune Digital Assets (HAM:1NW) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.13, compared to a current price of €0.36 — trading 174.6% above its estimated fair value. The current Total Operating Expense is €2.76 Mil. Neptune Digital Assets' overall GF Score™ is 24/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Neptune Digital Assets (HAM:1NW), the current Total Operating Expense is €2.76 Mil as of Feb. 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 Neptune Digital Assets (HAM:1NW) Overvalued in 2026?

Based on GuruFocus' analysis, Neptune Digital Assets stock appears to be overvalued. The current stock price of €0.36 is trading 174.6% above its estimated GF Value™ of €0.13. GuruFocus considers Neptune Digital Assets to be Significantly Overvalued.

Key valuation signals for HAM:1NW:

  • Total Operating Expense: €2.76 Mil
  • GF Value™: €0.13 vs. price of €0.36 (174.6% above fair value)
  • GF Score™: 24/100 with 6 warning signs

No single metric tells the full story. See the HAM:1NW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Neptune Digital Assets Business Description

Address 1133 Melville Street, The Stack, Suite 2700, Vancouver, BC, CAN, V6E 4E5
Neptune Digital Assets Corp is engaged in developing, owning, and operating infrastructure for the digital currency ecosystem. Its core assets are digital currencies, and its main business activities include Bitcoin mining, blockchain staking, and node management to generate digital currency rewards, as well as participation in decentralized finance (DeFi) activities. Additionally, the company engages in cash lending with the objective of earning interest. The company operates in Canada and the United States. The majority of the company's bitcoin mining revenue is derived from Canada.
24GF Score

Get the complete analysis for HAM:1NW

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

€0.36
Price
€0.13
GF Value