Maruhachi Securities Co (TSE:8700) Scaled Net Operating Assets: 0.34 (As of Mar. 2026)


TSE:8700 Maruhachi Securities Co Ltd TSE:8700
77 GF Score
Price 円1,775.00
GF Value 円1,913.91
Valuation Fairly Valued
! 5 Warning Signs
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What is Maruhachi Securities Co Scaled Net Operating Assets?

Maruhachi Securities Co TSE:8700 +0.85% 77 Scaled Net Operating Assets is 0.34 as of Mar. 2026. GuruFocus rates TSE:8700 with a GF Score™ of 77/100 and a GF Value™ of 円1,913.91 (Fairly Valued). The stock has 5 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.

Maruhachi Securities Co's operating assets for the quarter that ended in Mar. 2026 was 円8,652 Mil. Maruhachi Securities Co's operating liabilities for the quarter that ended in Mar. 2026 was 円3,845 Mil. Maruhachi Securities Co's Total Assets for the quarter that ended in Dec. 2025 was 円14,075 Mil. Therefore, Maruhachi Securities Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.34.


Maruhachi Securities Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Maruhachi Securities 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.

Maruhachi Securities Co Scaled Net Operating Assets Chart

Maruhachi Securities 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 0.32 0.43 0.47 0.46 0.49

Maruhachi Securities Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.43 0.46 0.30 0.16 0.34

TSE:8700 vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, Maruhachi Securities 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.


Maruhachi Securities Co Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Maruhachi Securities Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:8700
77GF Score
Maruhachi Securities Co Ltd TSE:8700
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruhachi Securities 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.

Maruhachi Securities 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 )
=(8651.811-3844.84)/9917.476
=0.48

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12446.885 - 3795.074
=8651.811

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4238.386 - 0 - 393.546
=3844.84

Maruhachi Securities 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 )
=(8651.811-3844.84)/14074.603
=0.34

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12446.885 - 3795.074
=8651.811

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4238.386 - 0 - 393.546
=3844.84

* 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 0.34 mean?
Maruhachi Securities Co (TSE:8700) has a Scaled Net Operating Assets of 0.34 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 Maruhachi Securities Co and its competitors.
Is Maruhachi Securities Co's Scaled Net Operating Assets too high?
Maruhachi Securities Co's current Scaled Net Operating Assets is 0.34. Overall, Maruhachi Securities Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Securities Co's Scaled Net Operating Assets compare to MS and GS?
Maruhachi Securities Co's Scaled Net Operating Assets of 0.34 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Maruhachi Securities Co and its competitors. Maruhachi Securities Co's current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Securities Co (TSE:8700) is currently considered Fairly Valued. The stock's GF Value™ is 円1,913.91, compared to a current price of 円1,775.00 — trading 7.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.34. Maruhachi Securities Co's overall GF Score™ is 77/100 with 5 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 Maruhachi Securities Co (TSE:8700), the current Scaled Net Operating Assets is 0.34 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 Maruhachi Securities Co (TSE:8700) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Securities Co stock appears to be undervalued. The current stock price of 円1,775.00 is trading 7.3% below its estimated GF Value™ of 円1,913.91. GuruFocus considers Maruhachi Securities Co to be Fairly Valued.

Key valuation signals for TSE:8700:

  • Scaled Net Operating Assets: 0.34
  • GF Value™: 円1,913.91 vs. price of 円1,775.00 (7.3% below fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the TSE:8700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Securities Co Business Description

Address 4-4 Shin-Sakae-cho, Naka-ku, Aichi Nagoya, JPN, 460-0004
Maruhachi Securities Co Ltd is engaged in providing investment and financial services. The products of the company include mutual fund, domestic bonds, foreign bonds, and other products.
77GF Score

Get the complete analysis for TSE:8700

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

円1,775.00
Price
円1,913.91
GF Value