Matsumoto (TSE:7901) Scaled Net Operating Assets: 0.51 (As of Oct. 2025)


TSE:7901 Matsumoto Inc TSE:7901
49 GF Score
Price 円793.00
GF Value 円1,029.56
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Matsumoto Scaled Net Operating Assets?

Matsumoto TSE:7901 -0.50% 49 Scaled Net Operating Assets is 0.51 as of Oct. 2025. GuruFocus rates TSE:7901 with a GF Score™ of 49/100 and a GF Value™ of 円1,029.56 (Modestly Undervalued). The stock has 4 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.

Matsumoto's operating assets for the quarter that ended in Oct. 2025 was 円1,683.6 Mil. Matsumoto's operating liabilities for the quarter that ended in Oct. 2025 was 円598.9 Mil. Matsumoto's Total Assets for the quarter that ended in Jul. 2025 was 円2,126.9 Mil. Therefore, Matsumoto's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2025 was 0.51.


Matsumoto Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Matsumoto'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.

Matsumoto Scaled Net Operating Assets Chart

Matsumoto Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.35 0.49 0.34 0.49

Matsumoto Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Apr25 Jul25 Oct25 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 0.59 0.40 0.58 0.51 0.50

Matsumoto Scaled Net Operating Assets Competitor Comparison

For the Paper & Paper Products subindustry, Matsumoto'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.


Matsumoto Scaled Net Operating Assets vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Matsumoto's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:7901
49GF Score
Matsumoto Inc TSE:7901
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Matsumoto 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.

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

Scaled Net Operating Assets (SNOA)(A: Apr. 2026 )
=(Operating Assets (A: Apr. 2026 )-Operating Liabilities (A: Apr. 2026 ))/Total Assets (A: Apr. 2025 )
=(1690.502-673.973)/2085.588
=0.49

where

Operating Assets(A: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2367.178 - 676.676
=1690.502

Operating Liabilities(A: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1370.751 - 443.109 - 253.669
=673.973

Matsumoto's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2025 )
=(Operating Assets (Q: Oct. 2025 )-Operating Liabilities (Q: Oct. 2025 ))/Total Assets (Q: Jul. 2025 )
=(1683.623-598.906)/2126.94
=0.51

where

Operating Assets(Q: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2045.773 - 362.15
=1683.623

Operating Liabilities(Q: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1521.716 - 470.813 - 451.997
=598.906

* 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 0.51 mean?
Matsumoto (TSE:7901) has a Scaled Net Operating Assets of 0.51 as of Oct. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Matsumoto and its competitors.
Is Matsumoto's Scaled Net Operating Assets too high?
Matsumoto's current Scaled Net Operating Assets is 0.51. Overall, Matsumoto has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Matsumoto's Scaled Net Operating Assets compare to competitors?
Matsumoto's Scaled Net Operating Assets of 0.51 can be compared against companies in the Forest Products 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 Forest Products company?
A good Scaled Net Operating Assets depends on the Forest Products 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 Matsumoto and its competitors. Matsumoto's current Scaled Net Operating Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matsumoto stock overvalued right now?
Based on GuruFocus' analysis, Matsumoto (TSE:7901) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,029.56, compared to a current price of 円793.00 — trading 23% below its estimated fair value. The current Scaled Net Operating Assets is 0.51. Matsumoto's overall GF Score™ is 49/100 with 4 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 Matsumoto (TSE:7901), the current Scaled Net Operating Assets is 0.51 as of Oct. 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 Matsumoto (TSE:7901) Overvalued in 2026?

Based on GuruFocus' analysis, Matsumoto stock appears to be undervalued. The current stock price of 円793.00 is trading 23% below its estimated GF Value™ of 円1,029.56. GuruFocus considers Matsumoto to be Modestly Undervalued.

Key valuation signals for TSE:7901:

  • Scaled Net Operating Assets: 0.51
  • GF Value™: 円1,029.56 vs. price of 円793.00 (23% below fair value)
  • GF Score™: 49/100 with 4 warning signs

No single metric tells the full story. See the TSE:7901 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Matsumoto Business Description

Address 1-2-1 Shanoki Moji Ward, Fukuoka Prefecture, Kitakyushu, JPN, 800-8555
Matsumoto Inc produces and sells graduation albums, as well as commercial printing products, such as posters, catalogs, and pamphlets. The company is also engaged in the digital picture albums and self-publishing business.
49GF Score

Get the complete analysis for TSE:7901

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

円793.00
Price
円1,029.56
GF Value