MrMax Holdings (FSE:8203) Scaled Net Operating Assets: 0.65 (As of Feb. 2026)


FSE:8203 MrMax Holdings Ltd FSE:8203
72 GF Score
Price 円817.00
GF Value 円808.76
! 2 Warning Signs
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What is MrMax Holdings Scaled Net Operating Assets?

MrMax Holdings FSE:8203 72 Scaled Net Operating Assets is 0.65 as of Feb. 2026. GuruFocus rates FSE:8203 with a GF Score™ of 72/100 and a GF Value™ of 円808.76. The stock has 2 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.

MrMax Holdings's operating assets for the quarter that ended in Feb. 2026 was 円84,635 Mil. MrMax Holdings's operating liabilities for the quarter that ended in Feb. 2026 was 円26,232 Mil. MrMax Holdings's Total Assets for the quarter that ended in Aug. 2025 was 円89,292 Mil. Therefore, MrMax Holdings's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.65.


MrMax Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for MrMax 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.

MrMax Holdings Scaled Net Operating Assets Chart

MrMax Holdings Annual Data
Trend Mar16 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.65 0.67 0.65 0.70

MrMax Holdings Semi-Annual Data
Mar16 Sep16 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.67 0.61 0.63 0.66 0.65

FSE:8203 vs WMT, COST, TGT: Scaled Net Operating Assets Comparison

For the Discount Stores subindustry, MrMax 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.


MrMax Holdings Scaled Net Operating Assets vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, MrMax Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


FSE:8203
72GF Score
MrMax Holdings Ltd FSE:8203
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MrMax 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.

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

Scaled Net Operating Assets (SNOA)(A: Feb. 2026 )
=(Operating Assets (A: Feb. 2026 )-Operating Liabilities (A: Feb. 2026 ))/Total Assets (A: Feb. 2025 )
=(84635-26232)/83199
=0.70

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=86745 - 2110
=84635

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48372 - 14070 - 8070
=26232

MrMax Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Aug. 2025 )
=(84635-26232)/89292
=0.65

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=86745 - 2110
=84635

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48372 - 14070 - 8070
=26232

* 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 0.65 mean?
MrMax Holdings (FSE:8203) has a Scaled Net Operating Assets of 0.65 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on MrMax Holdings and its competitors.
Is MrMax Holdings' Scaled Net Operating Assets too high?
MrMax Holdings' current Scaled Net Operating Assets is 0.65. Overall, MrMax Holdings has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does MrMax Holdings' Scaled Net Operating Assets compare to WMT and COST?
MrMax Holdings' Scaled Net Operating Assets of 0.65 can be compared against companies in the Retail - Defensive 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 - Defensive company?
A good Scaled Net Operating Assets depends on the Retail - Defensive 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 MrMax Holdings and its competitors. MrMax Holdings's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MrMax Holdings stock overvalued right now?
MrMax Holdings (FSE:8203) has a current Scaled Net Operating Assets of 0.65. The stock's GF Value™ is 円808.76, compared to a current price of 円817.00 — trading 1% above its estimated fair value. The current Scaled Net Operating Assets is 0.65. MrMax Holdings' 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 MrMax Holdings (FSE:8203), the current Scaled Net Operating Assets is 0.65 as of Feb. 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 MrMax Holdings (FSE:8203) Overvalued in 2026?

Based on GuruFocus' analysis, MrMax Holdings stock appears to be overvalued. The current stock price of 円817.00 is trading 1% above its estimated GF Value™ of 円808.76.

Key valuation signals for FSE:8203:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: 円808.76 vs. price of 円817.00 (1% above fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the FSE:8203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MrMax Holdings Business Description

Other Exchanges 8203:Japan
Address 1-5-7 Matsuda, Higashi-ku, Fukuoka, JPN, 812-0064
MrMax Holdings Ltd is an online and physical discount store that sells household and consumer products. The company offers products such as T.V, phones, kitchen and household electronic appliances, sanitary products, clothes, sports goods, foods, and beverages, carry cases, and others.
72GF Score

Get the complete analysis for FSE:8203

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

円817.00
Price
円808.76
GF Value