MAWHF (Man Wah Holdings) Scaled Net Operating Assets: 0.79 (As of Mar. 2026)


MAWHF Man Wah Holdings Ltd MAWHF
56 GF Score
Price $0.55
GF Value $0.84
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Man Wah Holdings Scaled Net Operating Assets?

Man Wah Holdings MAWHF 56 Scaled Net Operating Assets is 0.79 as of Mar. 2026. GuruFocus rates MAWHF with a GF Score™ of 56/100 and a GF Value™ of $0.84 (Significantly Undervalued). 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.

Man Wah Holdings's operating assets for the quarter that ended in Mar. 2026 was $2,438 Mil. Man Wah Holdings's operating liabilities for the quarter that ended in Mar. 2026 was $302 Mil. Man Wah Holdings's Total Assets for the quarter that ended in Sep. 2025 was $2,697 Mil. Therefore, Man Wah Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.79.


Man Wah Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Man Wah 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.

Man Wah Holdings Scaled Net Operating Assets Chart

Man Wah 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 0.81 0.62 0.71 0.71 0.83

Man Wah Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.70 0.72 0.67 0.74 0.79

MAWHF vs SN, SGI, MHK: Scaled Net Operating Assets Comparison

For the Furnishings, Fixtures & Appliances subindustry, Man Wah 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.


Man Wah Holdings Scaled Net Operating Assets vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


MAWHF
56GF Score
Man Wah Holdings Ltd MAWHF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Man Wah 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.

Man Wah 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 )
=(2438.091-302.075)/2576.111
=0.83

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2862.487 - 424.396
=2438.091

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=920.479 - 67.206 - 551.198
=302.075

Man Wah 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: Sep. 2025 )
=(2438.091-302.075)/2696.707
=0.79

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2862.487 - 424.396
=2438.091

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=920.479 - 67.206 - 551.198
=302.075

* 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 0.79 mean?
Man Wah Holdings (MAWHF) has a Scaled Net Operating Assets of 0.79 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 Man Wah Holdings and its competitors.
Is Man Wah Holdings' Scaled Net Operating Assets too high?
Man Wah Holdings' current Scaled Net Operating Assets is 0.79. Overall, Man Wah Holdings has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Man Wah Holdings' Scaled Net Operating Assets compare to SN and SGI?
Man Wah Holdings' Scaled Net Operating Assets of 0.79 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Scaled Net Operating Assets depends on the Furnishings, Fixtures & Appliances 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 Man Wah Holdings and its competitors. Man Wah Holdings's current Scaled Net Operating Assets is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Wah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Wah Holdings (MAWHF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.84, compared to a current price of $0.55 — trading 34.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.79. Man Wah Holdings' overall GF Score™ is 56/100 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 Man Wah Holdings (MAWHF), the current Scaled Net Operating Assets is 0.79 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 Man Wah Holdings (MAWHF) Overvalued in 2026?

Based on GuruFocus' analysis, Man Wah Holdings stock appears to be undervalued. The current stock price of $0.55 is trading 34.4% below its estimated GF Value™ of $0.84. GuruFocus considers Man Wah Holdings to be Significantly Undervalued.

Key valuation signals for MAWHF:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: $0.84 vs. price of $0.55 (34.4% below fair value)
  • GF Score™: 56/100 with 2 warning signs

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


Man Wah Holdings Business Description

Address 10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau) and also ahs its presence in North America, Europe and others.
56GF Score

Get the complete analysis for MAWHF

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

$0.55
Price
$0.84
GF Value