Mori-Gumi Co (TSE:1853) Scaled Net Operating Assets: 0.35 (As of Mar. 2026)


TSE:1853 Mori-Gumi Co Ltd TSE:1853
67 GF Score
Price 円326.00
GF Value 円329.44
Valuation Fairly Valued
! 3 Warning Signs
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What is Mori-Gumi Co Scaled Net Operating Assets?

Mori-Gumi Co TSE:1853 +0.31% 67 Scaled Net Operating Assets is 0.35 as of Mar. 2026. GuruFocus rates TSE:1853 with a GF Score™ of 67/100 and a GF Value™ of 円329.44 (Fairly Valued). The stock has 3 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.

Mori-Gumi Co's operating assets for the quarter that ended in Mar. 2026 was 円18,755 Mil. Mori-Gumi Co's operating liabilities for the quarter that ended in Mar. 2026 was 円9,667 Mil. Mori-Gumi Co's Total Assets for the quarter that ended in Sep. 2025 was 円26,175 Mil. Therefore, Mori-Gumi Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.35.


Mori-Gumi Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Mori-Gumi Co'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.

Mori-Gumi Co Scaled Net Operating Assets Chart

Mori-Gumi Co 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 0.24 0.22 0.24 0.41 0.36

Mori-Gumi Co 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 0.24 0.23 0.40 0.25 0.35

TSE:1853 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Mori-Gumi Co'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.


Mori-Gumi Co Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Mori-Gumi Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Mori-Gumi Co's Scaled Net Operating Assets falls into.


TSE:1853
67GF Score
Mori-Gumi Co Ltd TSE:1853
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mori-Gumi Co 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.

Mori-Gumi Co'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 )
=(18755-9667)/25301
=0.36

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=25158 - 6403
=18755

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9688 - 12 - 9
=9667

Mori-Gumi Co'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 )
=(18755-9667)/26175
=0.35

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=25158 - 6403
=18755

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9688 - 12 - 9
=9667

* 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?
Mori-Gumi Co (TSE:1853) has a Scaled Net Operating Assets of 0.35 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 Mori-Gumi Co and its competitors.
Is Mori-Gumi Co's Scaled Net Operating Assets too high?
Mori-Gumi Co's current Scaled Net Operating Assets is 0.35. Overall, Mori-Gumi Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mori-Gumi Co's Scaled Net Operating Assets compare to PWR and FIX?
Mori-Gumi Co's Scaled Net Operating Assets of 0.35 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 Mori-Gumi Co and its competitors. Mori-Gumi Co'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 Mori-Gumi Co stock overvalued right now?
Based on GuruFocus' analysis, Mori-Gumi Co (TSE:1853) is currently considered Fairly Valued. The stock's GF Value™ is 円329.44, compared to a current price of 円326.00 — trading 1% below its estimated fair value. The current Scaled Net Operating Assets is 0.35. Mori-Gumi Co's overall GF Score™ is 67/100 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 Mori-Gumi Co (TSE:1853), the current Scaled Net Operating Assets is 0.35 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 Mori-Gumi Co (TSE:1853) Overvalued in 2026?

Based on GuruFocus' analysis, Mori-Gumi Co stock appears to be undervalued. The current stock price of 円326.00 is trading 1% below its estimated GF Value™ of 円329.44. GuruFocus considers Mori-Gumi Co to be Fairly Valued.

Key valuation signals for TSE:1853:

  • Scaled Net Operating Assets: 0.35
  • GF Value™: 円329.44 vs. price of 円326.00 (1% below fair value)
  • GF Score™: 67/100 with 3 warning signs

No single metric tells the full story. See the TSE:1853 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mori-Gumi Co Business Description

Address 4-5-17 Doshomachi, Chuo Ward, Osaka, JPN, 541-0045
Mori-Gumi Co Ltd operates in three divisions - Construction business, which is engaged in civil engineering, architecture, and other general construction work-related businesses; Crushed stone division, which is engaged in the manufacture and sale of crushed stone, crushed sand, etc., and brokerage of transactions.; and Real estate division is engaged in the development, purchase and sale, exchange, and rental of real estate, as well as the agency and brokerage of these businesses.
67GF Score

Get the complete analysis for TSE:1853

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

円326.00
Price
円329.44
GF Value