MRHLF (MIRAIT One) Scaled Net Operating Assets: 0.65 (As of Mar. 2026)


MRHLF MIRAIT One Corp MRHLF
82 GF Score
Price $13.02
GF Value $8.60
! 6 Warning Signs
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What is MIRAIT One Scaled Net Operating Assets?

MIRAIT One MRHLF 82 Scaled Net Operating Assets is 0.65 as of Mar. 2026. GuruFocus rates MRHLF with a GF Score™ of 82/100 and a GF Value™ of $8.60. The stock has 6 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.

MIRAIT One's operating assets for the quarter that ended in Mar. 2026 was $3,185 Mil. MIRAIT One's operating liabilities for the quarter that ended in Mar. 2026 was $946 Mil. MIRAIT One's Total Assets for the quarter that ended in Dec. 2025 was $3,464 Mil. Therefore, MIRAIT One's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.65.


MIRAIT One Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for MIRAIT One'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.

MIRAIT One Scaled Net Operating Assets Chart

MIRAIT One 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 0.65 0.57 0.66 0.65 0.62

MIRAIT One 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 0.70 0.55 0.64 0.64 0.65

MRHLF vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, MIRAIT One'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.


MIRAIT One Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, MIRAIT One's Scaled Net Operating Assets distribution charts can be found below:

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


MRHLF
82GF Score
MIRAIT One Corp MRHLF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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MIRAIT One 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.

MIRAIT One'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 )
=(3184.959-945.875)/3607.592
=0.62

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3613.456 - 428.497
=3184.959

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1795.703 - 509.407 - 340.421
=945.875

MIRAIT One'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 )
=(3184.959-945.875)/3463.746
=0.65

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3613.456 - 428.497
=3184.959

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1795.703 - 509.407 - 340.421
=945.875

* 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?
MIRAIT One (MRHLF) has a Scaled Net Operating Assets of 0.65 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 MIRAIT One and its competitors.
Is MIRAIT One's Scaled Net Operating Assets too high?
MIRAIT One's current Scaled Net Operating Assets is 0.65. Overall, MIRAIT One has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does MIRAIT One's Scaled Net Operating Assets compare to PWR and FIX?
MIRAIT One's Scaled Net Operating Assets of 0.65 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 MIRAIT One and its competitors. MIRAIT One'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 MIRAIT One stock overvalued right now?
MIRAIT One (MRHLF) has a current Scaled Net Operating Assets of 0.65. The stock's GF Value™ is $8.60, compared to a current price of $13.02 — trading 51.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.65. MIRAIT One's overall GF Score™ is 82/100 with 6 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 MIRAIT One (MRHLF), the current Scaled Net Operating Assets is 0.65 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 MIRAIT One (MRHLF) Overvalued in 2026?

Based on GuruFocus' analysis, MIRAIT One stock appears to be overvalued. The current stock price of $13.02 is trading 51.4% above its estimated GF Value™ of $8.60.

Key valuation signals for MRHLF:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: $8.60 vs. price of $13.02 (51.4% above fair value)
  • GF Score™: 82/100 with 6 warning signs

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


MIRAIT One Business Description

Other Exchanges 1417:Japan
Address 5-6-36 Toyosu, Koto-ku, Tokyo, JPN, 135-8111
MIRAIT One Corp is engaged in building and maintaining various social infrastructures including communication infrastructures. It is also involved in projects that contribute to local town and community development, as well as corporate DX and GX. It also engages in the construction and sales of solar power generation facilities; provides high-quality software and DX through virtualization; construction of broadband networks and ICT systems among others.
82GF Score

Get the complete analysis for MRHLF

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

$13.02
Price
$8.60
GF Value