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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
MarketEnterprise Co's operating assets for the quarter that ended in Dec. 2025 was 円4,227 Mil. MarketEnterprise Co's operating liabilities for the quarter that ended in Dec. 2025 was 円1,978 Mil. MarketEnterprise Co's Total Assets for the quarter that ended in Sep. 2025 was 円5,772 Mil. Therefore, MarketEnterprise Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.39.
MarketEnterprise Co Scaled Net Operating Assets Related Terms
MarketEnterprise Co Scaled Net Operating Assets Historical Data
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The historical data trend for MarketEnterprise 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.
MarketEnterprise Co Scaled Net Operating Assets Chart
TSE:3135 vs AMZN, BABA, PDD: Scaled Net Operating Assets Comparison
For the Internet Retail subindustry, MarketEnterprise 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.
MarketEnterprise Co Scaled Net Operating Assets vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, MarketEnterprise Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where MarketEnterprise Co'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 0.39 mean?
MarketEnterprise Co (TSE:3135) has a Scaled Net Operating Assets of 0.39 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 MarketEnterprise Co and its competitors.
Is MarketEnterprise Co's Scaled Net Operating Assets too high?
MarketEnterprise Co's current Scaled Net Operating Assets is 0.39. Overall, MarketEnterprise Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MarketEnterprise Co's Scaled Net Operating Assets compare to AMZN and BABA?
MarketEnterprise Co's Scaled Net Operating Assets of 0.39 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 MarketEnterprise Co and its competitors. MarketEnterprise Co's current Scaled Net Operating Assets is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MarketEnterprise Co stock overvalued right now?
Based on GuruFocus' analysis, MarketEnterprise Co (TSE:3135) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,609.06, compared to a current price of 円1,060.00 — trading 34.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.39. MarketEnterprise Co's overall GF Score™ is 63/100 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 MarketEnterprise Co (TSE:3135), the current Scaled Net Operating Assets is 0.39 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 MarketEnterprise Co (TSE:3135) Overvalued in 2026?
Based on GuruFocus' analysis, MarketEnterprise Co stock appears to be undervalued.
The current stock price of 円1,060.00 is trading 34.1% below its estimated GF Value™ of 円1,609.06.
GuruFocus considers MarketEnterprise Co to be Possible Value Trap.
Key valuation signals for TSE:3135:
Scaled Net Operating Assets: 0.39
GF Value™: 円1,609.06 vs. price of 円1,060.00 (34.1% below fair value)
No single metric tells the full story. See the TSE:3135 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MarketEnterprise Co Ltd is an online platform that enables consumers to purchase or sell reusable goods in Japan. The online reuse segment handles the purchase and sale of reused goods online without physical stores. The media segment supports smart consumption by offering internet-based information to consumers. The mobile communications segment, operated through a subsidiary, provides low-cost and easy-to-use communication services. It generates the majority of its revenue from the online reuse segment.
63GF 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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