Yes, you can try such procedure. It is actually used in literature. But it might be quite tedious. You have to think about how to implement such procedure in an automated way. You may take a look at the following paper:
Timothy E. Staceya and Daniel C. Fredrickson, Perceiving molecular themes in the structures and bonding of intermetallic phases: the role of Hückel theory in an ab initio era, Dalton Trans., 2012,41, 7801-7813