Note (FRA:8O4) Beginning Cash Position: €0.00 Mil (As of May. 2026)

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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.
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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.

FRA:8O4 Note Inc FRA:8O4
60 GF Score
Price €16.20
GF Value €5.71
! 5 Warning Signs
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What is Note Beginning Cash Position?

Note FRA:8O4 60 Beginning Cash Position is €0.00 Mil as of May. 2026. GuruFocus rates FRA:8O4 with a GF Score™ of 60/100 and a GF Value™ of €5.71. The stock has 5 warning signs investors should review.

Note's Beginning Cash Position for the quarter that ended in May. 2026 was €0.00 Mil.

Note's annual Beginning Cash Position declined from Nov. 2023 (€13.51 Mil) to Nov. 2024 (€12.18 Mil) and declined from Nov. 2024 (€12.18 Mil) to Nov. 2025 (€12.08 Mil).


Note Beginning Cash Position Related Terms


Note Beginning Cash Position Historical Data

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The historical data trend for Note's Beginning Cash Position 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.

Note Beginning Cash Position Chart

Note Annual Data
Trend Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Beginning Cash Position
Get a 7-Day Free Trial 11.72 6.01 13.51 12.18 12.08

Note Quarterly Data
Nov20 Nov21 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Beginning Cash Position 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 0.00 0.00 0.00 0.00 0.00
FRA:8O4
60GF Score
Note Inc FRA:8O4
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Note Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €0.00 Mil mean?
Note (FRA:8O4) has a Beginning Cash Position of €0.00 Mil as of May. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Note and its competitors.
Is Note's Beginning Cash Position too high?
Note's current Beginning Cash Position is €0.00 Mil. Overall, Note has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Note's Beginning Cash Position compare to CRM and SHOP?
Note's Beginning Cash Position of €0.00 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Software company?
A good Beginning Cash Position depends on the Software industry context. However, Beginning Cash Position 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 Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Note and its competitors. Note's current Beginning Cash Position is €0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Note stock overvalued right now?
Note (FRA:8O4) has a current Beginning Cash Position of €0.00 Mil. The stock's GF Value™ is €5.71, compared to a current price of €16.20 — trading 183.7% above its estimated fair value. The current Beginning Cash Position is €0.00 Mil. Note's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Note (FRA:8O4), the current Beginning Cash Position is €0.00 Mil as of May. 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 Note (FRA:8O4) Overvalued in 2026?

Based on GuruFocus' analysis, Note stock appears to be overvalued. The current stock price of €16.20 is trading 183.7% above its estimated GF Value™ of €5.71.

Key valuation signals for FRA:8O4:

  • Beginning Cash Position: €0.00 Mil
  • GF Value™: €5.71 vs. price of €16.20 (183.7% above fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the FRA:8O4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Note Business Description

Other Exchanges 5243:Japan
Address 3-1-2 Kitaaoyama, Minato-ku, Tokyo, JPN, 107-0061
Website https://note.jp
Note Inc is engaged in the operation of C2C content platform.
60GF Score

Get the complete analysis for FRA:8O4

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€16.20
Price
€5.71
GF Value