Mitsubishi Steel Mfg.Co (TSE:5632) Scaled Net Operating Assets: 0.63 (As of Mar. 2026)


TSE:5632 Mitsubishi Steel Mfg.Co Ltd TSE:5632
57 GF Score
Price 円2,188.00
GF Value 円1,395.35
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Mitsubishi Steel Mfg.Co Scaled Net Operating Assets?

Mitsubishi Steel Mfg.Co TSE:5632 -0.91% 57 Scaled Net Operating Assets is 0.63 as of Mar. 2026. GuruFocus rates TSE:5632 with a GF Score™ of 57/100 and a GF Value™ of 円1,395.35 (Significantly Overvalued). The stock has 8 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.

Mitsubishi Steel Mfg.Co's operating assets for the quarter that ended in Mar. 2026 was 円124,372 Mil. Mitsubishi Steel Mfg.Co's operating liabilities for the quarter that ended in Mar. 2026 was 円39,603 Mil. Mitsubishi Steel Mfg.Co's Total Assets for the quarter that ended in Dec. 2025 was 円134,967 Mil. Therefore, Mitsubishi Steel Mfg.Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.63.


Mitsubishi Steel Mfg.Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Mitsubishi Steel Mfg.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.

Mitsubishi Steel Mfg.Co Scaled Net Operating Assets Chart

Mitsubishi Steel Mfg.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 0.59 0.60 0.53 0.59 0.61

Mitsubishi Steel Mfg.Co 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 0.60 0.62 0.61 0.62 0.63

TSE:5632 vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Mitsubishi Steel Mfg.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.


Mitsubishi Steel Mfg.Co Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Mitsubishi Steel Mfg.Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:5632
57GF Score
Mitsubishi Steel Mfg.Co Ltd TSE:5632
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Steel Mfg.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.

Mitsubishi Steel Mfg.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 )
=(124372-39603)/138667
=0.61

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=141517 - 17145
=124372

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=85000 - 23923 - 21474
=39603

Mitsubishi Steel Mfg.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: Dec. 2025 )
=(124372-39603)/134967
=0.63

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=141517 - 17145
=124372

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=85000 - 23923 - 21474
=39603

* 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 0.63 mean?
Mitsubishi Steel Mfg.Co (TSE:5632) has a Scaled Net Operating Assets of 0.63 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 Mitsubishi Steel Mfg.Co and its competitors.
Is Mitsubishi Steel Mfg.Co's Scaled Net Operating Assets too high?
Mitsubishi Steel Mfg.Co's current Scaled Net Operating Assets is 0.63. Overall, Mitsubishi Steel Mfg.Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Steel Mfg.Co's Scaled Net Operating Assets compare to NUE and STLD?
Mitsubishi Steel Mfg.Co's Scaled Net Operating Assets of 0.63 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Mitsubishi Steel Mfg.Co and its competitors. Mitsubishi Steel Mfg.Co's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Steel Mfg.Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Steel Mfg.Co (TSE:5632) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,395.35, compared to a current price of 円2,188.00 — trading 56.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.63. Mitsubishi Steel Mfg.Co's overall GF Score™ is 57/100 with 8 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 Mitsubishi Steel Mfg.Co (TSE:5632), the current Scaled Net Operating Assets is 0.63 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 Mitsubishi Steel Mfg.Co (TSE:5632) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Steel Mfg.Co stock appears to be overvalued. The current stock price of 円2,188.00 is trading 56.8% above its estimated GF Value™ of 円1,395.35. GuruFocus considers Mitsubishi Steel Mfg.Co to be Significantly Overvalued.

Key valuation signals for TSE:5632:

  • Scaled Net Operating Assets: 0.63
  • GF Value™: 円1,395.35 vs. price of 円2,188.00 (56.8% above fair value)
  • GF Score™: 57/100 with 8 warning signs

No single metric tells the full story. See the TSE:5632 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Steel Mfg.Co Business Description

Address Harumi Park Bldg., 2-22, Harumi 3-chome, Chuo-ku, Tokyo, JPN, 1048550
Mitsubishi Steel Mfg.Co Ltd engages in the manufacture and sale of special steels, spring, casting and forging materials, and machinery. It offers its products in varied categories; special steel bars unit handles the manufacture and sale of steel bars that includes machine structural alloy steel, carbon steel for machine structural use, and bearing steel. Springs products include coil, leaf, and precision springs, press assembly, and shoe plate for rubber pad. Formed and fabricated products cover the manufacture and sale of steel and precision casting, precision machined component, alloy material, and special alloy and fine powder. Machinery business manufactures and sells press machine, general industrial and plant machinery, environmental equipment, and magnetic separator.
57GF Score

Get the complete analysis for TSE:5632

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

円2,188.00
Price
円1,395.35
GF Value