Kirin Holdings Co (FRA:KIR) Scaled Net Operating Assets: 0.69 (As of Mar. 2026)


FRA:KIR Kirin Holdings Co Ltd FRA:KIR
77 GF Score
Price €14.97
GF Value €13.01
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Kirin Holdings Co Scaled Net Operating Assets?

Kirin Holdings Co FRA:KIR -0.89% 77 Scaled Net Operating Assets is 0.69 as of Mar. 2026. GuruFocus rates FRA:KIR with a GF Score™ of 77/100 and a GF Value™ of €13.01 (Modestly Overvalued). The stock has 9 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.

Kirin Holdings Co's operating assets for the quarter that ended in Mar. 2026 was €17,850 Mil. Kirin Holdings Co's operating liabilities for the quarter that ended in Mar. 2026 was €4,605 Mil. Kirin Holdings Co's Total Assets for the quarter that ended in Dec. 2025 was €19,138 Mil. Therefore, Kirin Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.69.


Kirin Holdings Co Scaled Net Operating Assets Historical Data

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The historical data trend for Kirin Holdings 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.

Kirin Holdings Co Scaled Net Operating Assets Chart

Kirin Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.61 0.70 0.77 0.63

Kirin Holdings 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 0.68 0.68 0.67 0.69 0.69

FRA:KIR vs BUD, STZ, TAP: Scaled Net Operating Assets Comparison

For the Beverages - Brewers subindustry, Kirin Holdings 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.


Kirin Holdings Co Scaled Net Operating Assets vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:KIR
77GF Score
Kirin Holdings Co Ltd FRA:KIR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Kirin Holdings 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.

Kirin Holdings Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(18416.811-5342.941)/20825.254
=0.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=19138.073 - 721.262
=18416.811

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10400.906 - 4614.3 - 443.665
=5342.941

Kirin Holdings 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 )
=(17849.828-4604.564)/19138.073
=0.69

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18577.51 - 727.682
=17849.828

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9714.993 - 4483.565 - 626.864
=4604.564

* 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 0.69 mean?
Kirin Holdings Co (FRA:KIR) has a Scaled Net Operating Assets of 0.69 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 Kirin Holdings Co and its competitors.
Is Kirin Holdings Co's Scaled Net Operating Assets too high?
Kirin Holdings Co's current Scaled Net Operating Assets is 0.69. Overall, Kirin Holdings Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kirin Holdings Co's Scaled Net Operating Assets compare to BUD and STZ?
Kirin Holdings Co's Scaled Net Operating Assets of 0.69 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Scaled Net Operating Assets depends on the Beverages - Alcoholic 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 Kirin Holdings Co and its competitors. Kirin Holdings Co's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kirin Holdings Co (FRA:KIR) is currently considered Modestly Overvalued. The stock's GF Value™ is €13.01, compared to a current price of €14.97 — trading 15.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.69. Kirin Holdings Co's overall GF Score™ is 77/100 with 9 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 Kirin Holdings Co (FRA:KIR), the current Scaled Net Operating Assets is 0.69 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 Kirin Holdings Co (FRA:KIR) Overvalued in 2026?

Based on GuruFocus' analysis, Kirin Holdings Co stock appears to be overvalued. The current stock price of €14.97 is trading 15.1% above its estimated GF Value™ of €13.01. GuruFocus considers Kirin Holdings Co to be Modestly Overvalued.

Key valuation signals for FRA:KIR:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: €13.01 vs. price of €14.97 (15.1% above fair value)
  • GF Score™: 77/100 with 9 warning signs

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


Kirin Holdings Co Business Description

Address 10-2 Nakano 4-chome, Nakano Central Park South, Nakano-ku, Tokyo, JPN, 164-0001
Kirin is the second-largest brewer in Japan with a 28% market share. It holds a top share in the happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of alcoholic and soft beverage products in Japan. It has made several acquisitions, including Lion Nathan and National Foods in Australia, the second-largest Brazilian brewer Schincariol and Myanmar's biggest brewer over the past decade. It sold the businesses in Brazil and Myanmar in 2017 and 2023, respectively. In 2023, the company made a tender offer to bring Fancl on as a wholly owned subsidiary. Its revenue accounts for roughly 5% of Kirin's total sales. Its overseas business, which includes alcoholic and nonalcoholic beverages, represents about 40% of the group's revenue.
77GF Score

Get the complete analysis for FRA:KIR

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

€14.97
Price
€13.01
GF Value