PMRTY (Pop Mart International Group) Scaled Net Operating Assets: 0.40 (As of Dec. 2025)


PMRTY Pop Mart International Group Ltd PMRTY
71 GF Score
Price $19.82
GF Value $33.63
Valuation Possible Value Trap
! 1 Warning Sign
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What is Pop Mart International Group Scaled Net Operating Assets?

Pop Mart International Group PMRTY -1.39% 71 Scaled Net Operating Assets is 0.40 as of Dec. 2025. GuruFocus rates PMRTY with a GF Score™ of 71/100 and a GF Value™ of $33.63 (Possible Value Trap). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pop Mart International Group's operating assets for the quarter that ended in Dec. 2025 was $2,111 Mil. Pop Mart International Group's operating liabilities for the quarter that ended in Dec. 2025 was $935 Mil. Pop Mart International Group's Total Assets for the quarter that ended in Jun. 2025 was $2,974 Mil. Therefore, Pop Mart International Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.40.


Pop Mart International Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Pop Mart International Group'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.

Pop Mart International Group Scaled Net Operating Assets Chart

Pop Mart International Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.32 0.29 0.30 0.22 0.58

Pop Mart International Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.29 0.22 0.20 0.14 0.40

PMRTY vs AS, HAS, LTH: Scaled Net Operating Assets Comparison

For the Leisure subindustry, Pop Mart International Group'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.


Pop Mart International Group Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pop Mart International Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Pop Mart International Group's Scaled Net Operating Assets falls into.


PMRTY
71GF Score
Pop Mart International Group Ltd PMRTY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Pop Mart International Group 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.

Pop Mart International Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(2110.774-935.287)/2042.478
=0.58

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4557.78 - 2447.006
=2110.774

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1341.576 - 323.049 - 83.24
=935.287

Pop Mart International Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(2110.774-935.287)/2974.302
=0.40

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4557.78 - 2447.006
=2110.774

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1341.576 - 323.049 - 83.24
=935.287

* 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 0.40 mean?
Pop Mart International Group (PMRTY) has a Scaled Net Operating Assets of 0.40 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Pop Mart International Group and its competitors.
Is Pop Mart International Group's Scaled Net Operating Assets too high?
Pop Mart International Group's current Scaled Net Operating Assets is 0.40. Overall, Pop Mart International Group has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pop Mart International Group's Scaled Net Operating Assets compare to AS and HAS?
Pop Mart International Group's Scaled Net Operating Assets of 0.40 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 Pop Mart International Group and its competitors. Pop Mart International Group's current Scaled Net Operating Assets is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pop Mart International Group stock overvalued right now?
Based on GuruFocus' analysis, Pop Mart International Group (PMRTY) is currently considered Possible Value Trap. The stock's GF Value™ is $33.63, compared to a current price of $19.82 — trading 41.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.40. Pop Mart International Group's overall GF Score™ is 71/100 with 1 warning sign 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 Pop Mart International Group (PMRTY), the current Scaled Net Operating Assets is 0.40 as of Dec. 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 Pop Mart International Group (PMRTY) Overvalued in 2026?

Based on GuruFocus' analysis, Pop Mart International Group stock appears to be undervalued. The current stock price of $19.82 is trading 41.1% below its estimated GF Value™ of $33.63. GuruFocus considers Pop Mart International Group to be Possible Value Trap.

Key valuation signals for PMRTY:

  • Scaled Net Operating Assets: 0.40
  • GF Value™: $33.63 vs. price of $19.82 (41.1% below fair value)
  • GF Score™: 71/100 with 1 warning sign

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


Pop Mart International Group Business Description

Other Exchanges 09992:Hong Kong735:Germany
Address Hongtai East Street, Floor 36 and 37, Block A, Puxiang Center, Dawangjing Technology Business Park, Chaoyang District, Beijing, CHN, 100102
Pop Mart was founded in 2010 by entrepreneur Wang Ning and his partners to design, create, and sell pop culture toys based on intellectual properties, or IPs. The company develops toy products by acquiring and self-incubating IPs, as well as collaborating with IP owners through exclusive and nonexclusive licensing agreements. Its products have seen widespread popularity in China and have gained traction in overseas markets, such as Southeast Asia and North America. To diversify its revenue streams, Pop Mart has also tapped into accessories, home appliances, food merchandising, and theme park operations.
71GF 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.

$19.82
Price
$33.63
GF Value