Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
MINISO Group Holding's operating assets for the quarter that ended in Sep. 2025 was €2,501 Mil. MINISO Group Holding's operating liabilities for the quarter that ended in Sep. 2025 was €820 Mil. MINISO Group Holding's Total Assets for the quarter that ended in Jun. 2025 was €3,218 Mil. Therefore, MINISO Group Holding's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.52.
MINISO Group Holding Scaled Net Operating Assets Related Terms
MINISO Group Holding Scaled Net Operating Assets Historical Data
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The historical data trend for MINISO Group Holding'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.
MINISO Group Holding Scaled Net Operating Assets Chart
FRA:MIF0 vs BBWI, ASO, RH: Scaled Net Operating Assets Comparison
For the Specialty Retail subindustry, MINISO Group Holding'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.
MINISO Group Holding Scaled Net Operating Assets vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, MINISO Group Holding's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where MINISO Group Holding'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 0.52 mean?
MINISO Group Holding (FRA:MIF0) has a Scaled Net Operating Assets of 0.52 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on MINISO Group Holding and its competitors.
Is MINISO Group Holding's Scaled Net Operating Assets too high?
MINISO Group Holding's current Scaled Net Operating Assets is 0.52. Overall, MINISO Group Holding has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MINISO Group Holding's Scaled Net Operating Assets compare to BBWI and ASO?
MINISO Group Holding's Scaled Net Operating Assets of 0.52 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 MINISO Group Holding and its competitors. MINISO Group Holding's current Scaled Net Operating Assets is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MINISO Group Holding stock overvalued right now?
Based on GuruFocus' analysis, MINISO Group Holding (FRA:MIF0) is currently considered Significantly Undervalued. The stock's GF Value™ is €7.10, compared to a current price of €2.40 — trading 66.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.52. MINISO Group Holding's overall GF Score™ is 72/100 with 2 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 MINISO Group Holding (FRA:MIF0), the current Scaled Net Operating Assets is 0.52 as of Sep. 2025. 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 MINISO Group Holding (FRA:MIF0) Overvalued in 2026?
Based on GuruFocus' analysis, MINISO Group Holding stock appears to be undervalued.
The current stock price of €2.40 is trading 66.2% below its estimated GF Value™ of €7.10.
GuruFocus considers MINISO Group Holding to be Significantly Undervalued.
Key valuation signals for FRA:MIF0:
Scaled Net Operating Assets: 0.52
GF Value™: €7.10 vs. price of €2.40 (66.2% below fair value)
No single metric tells the full story. See the FRA:MIF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MINISO Group Holding Ltd is a value retailer offering a variety of trendy lifestyle products featuring IP design. The principal activity of the Company is investment holding. The company's product categories include home decor, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care, snacks, fragrance and perfumes, and stationery and gifts. Its segment includes the MINISO brand -Chinese Mainland and MINISO brand-Overseas which is engaged in the Design, buying, and sale of lifestyle products, and the TOP TOY brand, which is engaged in the Design, buying, and sale of pop toys. The company generates maximum revenue from theMINISO brand -Chinese Mainland segment. Geographically, it derives a majority of its revenue from Chinese Mainland.
72GF Score
Get the complete analysis for FRA:MIF0
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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