Miahelsa Holdings (TSE:7129) Scaled Net Operating Assets: 0.42 (As of Mar. 2026)


TSE:7129 Miahelsa Holdings Corp TSE:7129
44 GF Score
Price 円1,147.00
GF Value 円1,071.08
Valuation Fairly Valued
! 3 Warning Signs
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What is Miahelsa Holdings Scaled Net Operating Assets?

Miahelsa Holdings TSE:7129 -0.69% 44 Scaled Net Operating Assets is 0.42 as of Mar. 2026. GuruFocus rates TSE:7129 with a GF Score™ of 44/100 and a GF Value™ of 円1,071.08 (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.

Miahelsa Holdings's operating assets for the quarter that ended in Mar. 2026 was 円11,070 Mil. Miahelsa Holdings's operating liabilities for the quarter that ended in Mar. 2026 was 円5,823 Mil. Miahelsa Holdings's Total Assets for the quarter that ended in Sep. 2025 was 円12,451 Mil. Therefore, Miahelsa Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.42.


Miahelsa Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Miahelsa Holdings'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.

Miahelsa Holdings Scaled Net Operating Assets Chart

Miahelsa Holdings Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
0.52 0.50 0.41 0.40 0.40

Miahelsa Holdings Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.43 0.44 0.42 0.40 0.42

Miahelsa Holdings Scaled Net Operating Assets Competitor Comparison

For the Pharmaceutical Retailers subindustry, Miahelsa Holdings'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.


Miahelsa Holdings Scaled Net Operating Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Miahelsa Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:7129
44GF Score
Miahelsa Holdings Corp TSE:7129
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Miahelsa Holdings 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.

Miahelsa Holdings'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 )
=(11070.304-5823.201)/13277.001
=0.40

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15594.059 - 4523.755
=11070.304

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11679.955 - 1711.237 - 4145.517
=5823.201

Miahelsa Holdings'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 )
=(11070.304-5823.201)/12451.191
=0.42

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15594.059 - 4523.755
=11070.304

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11679.955 - 1711.237 - 4145.517
=5823.201

* 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 0.42 mean?
Miahelsa Holdings (TSE:7129) has a Scaled Net Operating Assets of 0.42 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 Miahelsa Holdings and its competitors.
Is Miahelsa Holdings' Scaled Net Operating Assets too high?
Miahelsa Holdings' current Scaled Net Operating Assets is 0.42. Overall, Miahelsa Holdings has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Miahelsa Holdings' Scaled Net Operating Assets compare to competitors?
Miahelsa Holdings' Scaled Net Operating Assets of 0.42 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Scaled Net Operating Assets depends on the Healthcare Providers & Services 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 Miahelsa Holdings and its competitors. Miahelsa Holdings's current Scaled Net Operating Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miahelsa Holdings stock overvalued right now?
Based on GuruFocus' analysis, Miahelsa Holdings (TSE:7129) is currently considered Fairly Valued. The stock's GF Value™ is 円1,071.08, compared to a current price of 円1,147.00 — trading 7.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.42. Miahelsa Holdings' overall GF Score™ is 44/100 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 Miahelsa Holdings (TSE:7129), the current Scaled Net Operating Assets is 0.42 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 Miahelsa Holdings (TSE:7129) Overvalued in 2026?

Based on GuruFocus' analysis, Miahelsa Holdings stock appears to be overvalued. The current stock price of 円1,147.00 is trading 7.1% above its estimated GF Value™ of 円1,071.08. GuruFocus considers Miahelsa Holdings to be Fairly Valued.

Key valuation signals for TSE:7129:

  • Scaled Net Operating Assets: 0.42
  • GF Value™: 円1,071.08 vs. price of 円1,147.00 (7.1% above fair value)
  • GF Score™: 44/100 with 3 warning signs

No single metric tells the full story. See the TSE:7129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miahelsa Holdings Business Description

Address Ichigaya Nakano-cho 3-19, Shinjuku-ku, Tokyo, JPN, 162-0064
Miahelsa Holdings Corp, along with its subsidiaries, operates in the following reportable segments: Pharmaceutical Business, Nursing Care Business, and Childcare Business. The majority of its revenue is generated from the Pharmaceuticals Business, which operates pharmaceutical dispensaries in Japan through Nissei Pharmacy and Miahelsa Pharmacy brands, and also offers home care services. The Nursing care business mainly provides housing, medical care, nursing care, prevention, and lifestyle support for elderly people, and the Childcare segment involves the operation of licensed childcare centers. In addition, the group also operates a food business providing food suitable for all ages, from infants to the elderly.
44GF Score

Get the complete analysis for TSE:7129

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

円1,147.00
Price
円1,071.08
GF Value