Mirarth Holdings (FRA:TDI) Scaled Net Operating Assets: 0.75 (As of Mar. 2026)


FRA:TDI Mirarth Holdings Inc FRA:TDI
72 GF Score
Price €2.10
GF Value €2.45
! 7 Warning Signs
View Full Analysis

What is Mirarth Holdings Scaled Net Operating Assets?

Mirarth Holdings FRA:TDI -0.94% 72 Scaled Net Operating Assets is 0.75 as of Mar. 2026. GuruFocus rates FRA:TDI with a GF Score™ of 72/100 and a GF Value™ of €2.45. The stock has 7 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.

Mirarth Holdings's operating assets for the quarter that ended in Mar. 2026 was €1,965 Mil. Mirarth Holdings's operating liabilities for the quarter that ended in Mar. 2026 was €333 Mil. Mirarth Holdings's Total Assets for the quarter that ended in Dec. 2025 was €2,185 Mil. Therefore, Mirarth Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.75.

Mirarth Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Mirarth Holdings'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.

Mirarth Holdings Scaled Net Operating Assets Chart

Mirarth Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 1.00 0.62 0.80 0.71

Mirarth Holdings 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 0.73 0.77 0.81 0.75 0.75

Mirarth Holdings Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, Mirarth Holdings'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.

Mirarth Holdings Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mirarth Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:TDI
72GF Score
Mirarth Holdings Inc FRA:TDI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mirarth Holdings 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.

Mirarth Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(1965.05-333.233)/2311.656
=0.71

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2286.814 - 321.764
=1965.05

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1795.58 - 978.145 - 484.202
=333.233

Mirarth Holdings'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 )
=(1965.05-333.233)/2185.131
=0.75

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2286.814 - 321.764
=1965.05

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1795.58 - 978.145 - 484.202
=333.233

* 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 0.75 mean?
Mirarth Holdings (FRA:TDI) has a Scaled Net Operating Assets of 0.75 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 Mirarth Holdings and its competitors.
Is Mirarth Holdings' Scaled Net Operating Assets too high?
Mirarth Holdings' current Scaled Net Operating Assets is 0.75. Overall, Mirarth Holdings has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Mirarth Holdings' Scaled Net Operating Assets compare to competitors?
Mirarth Holdings' Scaled Net Operating Assets of 0.75 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Mirarth Holdings and its competitors. Mirarth Holdings's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirarth Holdings stock overvalued right now?
Mirarth Holdings (FRA:TDI) has a current Scaled Net Operating Assets of 0.75. The stock's GF Value™ is €2.45, compared to a current price of €2.10 — trading 14.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.75. Mirarth Holdings' overall GF Score™ is 72/100 with 7 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 Mirarth Holdings (FRA:TDI), the current Scaled Net Operating Assets is 0.75 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 Mirarth Holdings (FRA:TDI) Overvalued in 2026?

Based on GuruFocus' analysis, Mirarth Holdings stock appears to be undervalued. The current stock price of €2.10 is trading 14.3% below its estimated GF Value™ of €2.45.

Key valuation signals for FRA:TDI:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: €2.45 vs. price of €2.10 (14.3% below fair value)
  • GF Score™: 72/100 with 7 warning signs

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

Mirarth Holdings Business Description

Other Exchanges 8897:Japan
Address 1-8-2, Marunouchi, Tekko Building 16th Floor, Chiyoda-ku, Tokyo, JPN, 100-0005
Mirarth Holdings Inc operates in Real Estate Business, Energy Business, Asset Management Business, and Other Businesses.
72GF Score

Get the complete analysis for FRA:TDI

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

€2.10
Price
€2.45
GF Value