Miraial Co (TSE:4238) Scaled Net Operating Assets: 0.68 (As of Jan. 2026)

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TSE:4238 Miraial Co Ltd TSE:4238
68 GF Score
Price 円1,822.00
GF Value 円1,285.91
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Miraial Co Scaled Net Operating Assets?

Miraial Co TSE:4238 -0.44% 68 Scaled Net Operating Assets is 0.68 as of Jan. 2026. GuruFocus rates TSE:4238 with a GF Score™ of 68/100 and a GF Value™ of 円1,285.91 (Significantly Overvalued). The stock has 7 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.

Miraial Co's operating assets for the quarter that ended in Jan. 2026 was 円22,126 Mil. Miraial Co's operating liabilities for the quarter that ended in Jan. 2026 was 円3,840 Mil. Miraial Co's Total Assets for the quarter that ended in Oct. 2025 was 円27,005 Mil. Therefore, Miraial Co's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.68.


Miraial Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Miraial 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.

Miraial Co Scaled Net Operating Assets Chart

Miraial Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.39 0.57 0.60 0.64

Miraial Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.60 0.63 0.69 0.68 0.75

TSE:4238 vs AMAT, LRCX, KLAC: Scaled Net Operating Assets Comparison

For the Semiconductor Equipment & Materials subindustry, Miraial 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.


Miraial Co Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Miraial Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:4238
68GF Score
Miraial Co Ltd TSE:4238
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miraial 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.

Miraial Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2026 )
=(Operating Assets (A: Jan. 2026 )-Operating Liabilities (A: Jan. 2026 ))/Total Assets (A: Jan. 2025 )
=(22126.294-3839.68)/28522.613
=0.64

where

Operating Assets(A: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26829.299 - 4703.005
=22126.294

Operating Liabilities(A: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3839.68 - 0 - 0
=3839.68

Miraial Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Oct. 2025 )
=(22126.294-3839.68)/27005.304
=0.68

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26829.299 - 4703.005
=22126.294

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3839.68 - 0 - 0
=3839.68

* 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 0.68 mean?
Miraial Co (TSE:4238) has a Scaled Net Operating Assets of 0.68 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Miraial Co and its competitors.
Is Miraial Co's Scaled Net Operating Assets too high?
Miraial Co's current Scaled Net Operating Assets is 0.68. Overall, Miraial Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miraial Co's Scaled Net Operating Assets compare to AMAT and LRCX?
Miraial Co's Scaled Net Operating Assets of 0.68 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 Miraial Co and its competitors. Miraial Co's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miraial Co stock overvalued right now?
Based on GuruFocus' analysis, Miraial Co (TSE:4238) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,285.91, compared to a current price of 円1,822.00 — trading 41.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.68. Miraial Co's overall GF Score™ is 68/100 with 7 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 Miraial Co (TSE:4238), the current Scaled Net Operating Assets is 0.68 as of Jan. 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 Miraial Co (TSE:4238) Overvalued in 2026?

Based on GuruFocus' analysis, Miraial Co stock appears to be overvalued. The current stock price of 円1,822.00 is trading 41.7% above its estimated GF Value™ of 円1,285.91. GuruFocus considers Miraial Co to be Significantly Overvalued.

Key valuation signals for TSE:4238:

  • Scaled Net Operating Assets: 0.68
  • GF Value™: 円1,285.91 vs. price of 円1,822.00 (41.7% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the TSE:4238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miraial Co Business Description

Address 1-24-1 Higashi-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021
Miraial Co Ltd is a Japanese company engaged in the production and sale of products that are indispensable to the electronics materials and semiconductor industries. The company operates in two segments namely- Plastic molding business and Molding Machine Business. Miraial develops products mainly for the semiconductor industry based on the precision molding and processing technology for high-function plastics. Its products include Front Opening Unified Pod (FOUP), cassettes, boxes, shipping containers, handles, among others.
68GF Score

Get the complete analysis for TSE:4238

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

円1,822.00
Price
円1,285.91
GF Value