Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Money Forward's operating assets for the quarter that ended in Nov. 2025 was $507.7 Mil. Money Forward's operating liabilities for the quarter that ended in Nov. 2025 was $244.0 Mil. Money Forward's Total Assets for the quarter that ended in Aug. 2025 was $763.0 Mil. Therefore, Money Forward's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.35.
Money Forward Scaled Net Operating Assets Related Terms
Money Forward Scaled Net Operating Assets Historical Data
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The historical data trend for Money Forward'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.
MNYFF vs UBER, SHOP, CRM: Scaled Net Operating Assets Comparison
For the Software - Application subindustry, Money Forward'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.
Money Forward Scaled Net Operating Assets vs Software Industry
For the Software industry and Technology sector, Money Forward's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Money Forward'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 0.35 mean?
Money Forward (MNYFF) has a Scaled Net Operating Assets of 0.35 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Money Forward and its competitors.
Is Money Forward's Scaled Net Operating Assets too high?
Money Forward's current Scaled Net Operating Assets is 0.35. Overall, Money Forward has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Money Forward's Scaled Net Operating Assets compare to UBER and SHOP?
Money Forward's Scaled Net Operating Assets of 0.35 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Money Forward and its competitors. Money Forward's current Scaled Net Operating Assets is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Money Forward stock overvalued right now?
Money Forward (MNYFF) has a current Scaled Net Operating Assets of 0.35. The stock's GF Value™ is $60.91, compared to a current price of $26.76 — trading 56.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.35. Money Forward's overall GF Score™ is 64/100 with 3 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 Money Forward (MNYFF), the current Scaled Net Operating Assets is 0.35 as of Nov. 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 Money Forward (MNYFF) Overvalued in 2026?
Based on GuruFocus' analysis, Money Forward stock appears to be undervalued.
The current stock price of $26.76 is trading 56.1% below its estimated GF Value™ of $60.91.
Key valuation signals for MNYFF:
Scaled Net Operating Assets: 0.35
GF Value™: $60.91 vs. price of $26.76 (56.1% below fair value)
No single metric tells the full story. See the MNYFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Money Forward Inc provides money-related services for individuals and corporations. Its service portfolio comprises personal financial management services and MF cloud services. Its personal financial management services include economic media that conveys money related themes, automatic savings app and mirai talk channel where customers can resolve their financial concerns together directly with financial planners. Its MF Cloud services comprise cloud accounting software, cloud-based tax return, invoice preparation software, payroll calculation, and cloud-based payment reconciliation.
64GF Score
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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