Meiwa Estate Co (TSE:8869) Scaled Net Operating Assets: 0.73 (As of Mar. 2026)

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TSE:8869 Meiwa Estate Co Ltd TSE:8869
69 GF Score
Price 円837.00
GF Value 円1,220.15
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Meiwa Estate Co Scaled Net Operating Assets?

Meiwa Estate Co TSE:8869 -1.06% 69 Scaled Net Operating Assets is 0.73 as of Mar. 2026. GuruFocus rates TSE:8869 with a GF Score™ of 69/100 and a GF Value™ of 円1,220.15 (Significantly Undervalued). The stock has 6 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.

Meiwa Estate Co's operating assets for the quarter that ended in Mar. 2026 was 円130,237 Mil. Meiwa Estate Co's operating liabilities for the quarter that ended in Mar. 2026 was 円27,743 Mil. Meiwa Estate Co's Total Assets for the quarter that ended in Sep. 2025 was 円141,347 Mil. Therefore, Meiwa Estate Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.73.


Meiwa Estate Co Scaled Net Operating Assets Historical Data

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The historical data trend for Meiwa Estate 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.

Meiwa Estate Co Scaled Net Operating Assets Chart

Meiwa Estate 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 0.63 0.56 0.48 0.79 0.67

Meiwa Estate Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.48 0.65 0.82 0.58 0.73

TSE:8869 vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Meiwa Estate 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.


Meiwa Estate Co Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Meiwa Estate Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:8869
69GF Score
Meiwa Estate Co Ltd TSE:8869
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiwa Estate 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.

Meiwa Estate 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 )
=(130237-27743)/152097
=0.67

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=151157 - 20920
=130237

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=114265 - 57887 - 28635
=27743

Meiwa Estate 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: Sep. 2025 )
=(130237-27743)/141347
=0.73

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=151157 - 20920
=130237

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=114265 - 57887 - 28635
=27743

* 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 0.73 mean?
Meiwa Estate Co (TSE:8869) has a Scaled Net Operating Assets of 0.73 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 Meiwa Estate Co and its competitors.
Is Meiwa Estate Co's Scaled Net Operating Assets too high?
Meiwa Estate Co's current Scaled Net Operating Assets is 0.73. Overall, Meiwa Estate Co has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Meiwa Estate Co's Scaled Net Operating Assets compare to CBRE and BEKE?
Meiwa Estate Co's Scaled Net Operating Assets of 0.73 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Meiwa Estate Co and its competitors. Meiwa Estate Co's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiwa Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Meiwa Estate Co (TSE:8869) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,220.15, compared to a current price of 円837.00 — trading 31.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.73. Meiwa Estate Co's overall GF Score™ is 69/100 with 6 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 Meiwa Estate Co (TSE:8869), the current Scaled Net Operating Assets is 0.73 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 Meiwa Estate Co (TSE:8869) Overvalued in 2026?

Based on GuruFocus' analysis, Meiwa Estate Co stock appears to be undervalued. The current stock price of 円837.00 is trading 31.4% below its estimated GF Value™ of 円1,220.15. GuruFocus considers Meiwa Estate Co to be Significantly Undervalued.

Key valuation signals for TSE:8869:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: 円1,220.15 vs. price of 円837.00 (31.4% below fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the TSE:8869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiwa Estate Co Business Description

Address 9-6 Shinsen-cho, Shibuya-ku, Meiwa Real Estate Shibuya Shinsen Building, Tokyo, JPN, 150-8555
Meiwa Estate Co Ltd is a Japan-based real estate development company. It develops, sells, leases, and manages condominiums and other real estate properties. The company also provides brokerage services, sells furniture and interior decorations, lending and mortgage services. The company operates in the business segments which include Condominium Sales Business, Distribution Business, Management Business, Leasing Business, and Other business.
69GF Score

Get the complete analysis for TSE:8869

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

円837.00
Price
円1,220.15
GF Value