Mercuria Holdings Co (TSE:7347) Scaled Net Operating Assets: -0.02 (As of Dec. 2025)


TSE:7347 Mercuria Holdings Co Ltd TSE:7347
55 GF Score
Price 円762.00
GF Value 円1,208.37
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Mercuria Holdings Co Scaled Net Operating Assets?

Mercuria Holdings Co TSE:7347 +0.13% 55 Scaled Net Operating Assets is -0.02 as of Dec. 2025. GuruFocus rates TSE:7347 with a GF Score™ of 55/100 and a GF Value™ of 円1,208.37 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Mercuria Holdings Co's operating assets for the quarter that ended in Dec. 2025 was 円3,199 Mil. Mercuria Holdings Co's operating liabilities for the quarter that ended in Dec. 2025 was 円3,579 Mil. Mercuria Holdings Co's Total Assets for the quarter that ended in Sep. 2025 was 円19,809 Mil. Therefore, Mercuria Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.02.


Mercuria Holdings Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Mercuria Holdings 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.

Mercuria Holdings Co Scaled Net Operating Assets Chart

Mercuria Holdings Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.08 0.11 0.08 0.02 -0.02

Mercuria Holdings Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.05 0.07 0.10 -0.02 0.04

TSE:7347 vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Mercuria Holdings 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.


Mercuria Holdings Co Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Mercuria Holdings Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:7347
55GF Score
Mercuria Holdings Co Ltd TSE:7347
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercuria Holdings 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.

Mercuria Holdings Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(3198.968-3579.003)/21053.377
=-0.02

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23468.847 - 20269.879
=3198.968

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4263.503 - 0 - 684.5
=3579.003

Mercuria Holdings Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(3198.968-3579.003)/19808.547
=-0.02

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23468.847 - 20269.879
=3198.968

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4263.503 - 0 - 684.5
=3579.003

* 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 -0.02 mean?
Mercuria Holdings Co (TSE:7347) has a Scaled Net Operating Assets of -0.02 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 Mercuria Holdings Co and its competitors.
Is Mercuria Holdings Co's Scaled Net Operating Assets too high?
Mercuria Holdings Co's current Scaled Net Operating Assets is -0.02. Overall, Mercuria Holdings Co has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercuria Holdings Co's Scaled Net Operating Assets compare to BLK and BX?
Mercuria Holdings Co's Scaled Net Operating Assets of -0.02 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Mercuria Holdings Co and its competitors. Mercuria Holdings Co's current Scaled Net Operating Assets is -0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercuria Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Mercuria Holdings Co (TSE:7347) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,208.37, compared to a current price of 円762.00 — trading 36.9% below its estimated fair value. The current Scaled Net Operating Assets is -0.02. Mercuria Holdings Co's overall GF Score™ is 55/100 with 1 warning sign 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 Mercuria Holdings Co (TSE:7347), the current Scaled Net Operating Assets is -0.02 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 Mercuria Holdings Co (TSE:7347) Overvalued in 2026?

Based on GuruFocus' analysis, Mercuria Holdings Co stock appears to be undervalued. The current stock price of 円762.00 is trading 36.9% below its estimated GF Value™ of 円1,208.37. GuruFocus considers Mercuria Holdings Co to be Significantly Undervalued.

Key valuation signals for TSE:7347:

  • Scaled Net Operating Assets: -0.02
  • GF Value™: 円1,208.37 vs. price of 円762.00 (36.9% below fair value)
  • GF Score™: 55/100 with 1 warning sign

No single metric tells the full story. See the TSE:7347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercuria Holdings Co Business Description

Address 1-3-3, Uchisaiwaicho, Uchisaiwaicho Daibiru Building, 6th Floor, Chiyoda-ku, Tokyo, JPN, 100-0011
Mercuria Holdings Co Ltd provides investment advisory and management. The company generates revenue from Fund management business, and Self-investment business.
55GF Score

Get the complete analysis for TSE:7347

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

円762.00
Price
円1,208.37
GF Value