Maruhachi Warehouse Co (TSE:9313) Scaled Net Operating Assets: 0.87 (As of Nov. 2025)


TSE:9313 Maruhachi Warehouse Co Ltd TSE:9313
65 GF Score
Price 円1,039.00
GF Value 円783.93
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Maruhachi Warehouse Co Scaled Net Operating Assets?

Maruhachi Warehouse Co TSE:9313 65 Scaled Net Operating Assets is 0.87 as of Nov. 2025. GuruFocus rates TSE:9313 with a GF Score™ of 65/100 and a GF Value™ of 円783.93 (Significantly Overvalued). The stock has 9 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 Warehouse Co's operating assets for the quarter that ended in Nov. 2025 was 円19,719 Mil. Maruhachi Warehouse Co's operating liabilities for the quarter that ended in Nov. 2025 was 円2,087 Mil. Maruhachi Warehouse Co's Total Assets for the quarter that ended in May. 2025 was 円20,370 Mil. Therefore, Maruhachi Warehouse Co's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.87.


Maruhachi Warehouse Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Maruhachi Warehouse 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 Warehouse Co Scaled Net Operating Assets Chart

Maruhachi Warehouse Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.85 0.83 0.78 0.94

Maruhachi Warehouse Co Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.83 0.83 0.79 0.93 0.87

TSE:9313 vs CTAS, CPRT, ULS: Scaled Net Operating Assets Comparison

For the Specialty Business Services subindustry, Maruhachi Warehouse 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 Warehouse Co Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Maruhachi Warehouse Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:9313
65GF Score
Maruhachi Warehouse Co Ltd TSE:9313
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruhachi Warehouse 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 Warehouse Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2025 )
=(Operating Assets (A: Nov. 2025 )-Operating Liabilities (A: Nov. 2025 ))/Total Assets (A: Nov. 2024 )
=(19719.082-2087.14)/18832.421
=0.94

where

Operating Assets(A: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20446.683 - 727.601
=19719.082

Operating Liabilities(A: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7604.378 - 4391.394 - 1125.844
=2087.14

Maruhachi Warehouse Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2025 )
=(Operating Assets (Q: Nov. 2025 )-Operating Liabilities (Q: Nov. 2025 ))/Total Assets (Q: May. 2025 )
=(19719.082-2087.14)/20369.807
=0.87

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20446.683 - 727.601
=19719.082

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7604.378 - 4391.394 - 1125.844
=2087.14

* 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 0.87 mean?
Maruhachi Warehouse Co (TSE:9313) has a Scaled Net Operating Assets of 0.87 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Maruhachi Warehouse Co and its competitors.
Is Maruhachi Warehouse Co's Scaled Net Operating Assets too high?
Maruhachi Warehouse Co's current Scaled Net Operating Assets is 0.87. Overall, Maruhachi Warehouse Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Warehouse Co's Scaled Net Operating Assets compare to CTAS and CPRT?
Maruhachi Warehouse Co's Scaled Net Operating Assets of 0.87 can be compared against companies in the Business 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business 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 Maruhachi Warehouse Co and its competitors. Maruhachi Warehouse Co's current Scaled Net Operating Assets is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Warehouse Co (TSE:9313) is currently considered Significantly Overvalued. The stock's GF Value™ is 円783.93, compared to a current price of 円1,039.00 — trading 32.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.87. Maruhachi Warehouse Co's overall GF Score™ is 65/100 with 9 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 Warehouse Co (TSE:9313), the current Scaled Net Operating Assets is 0.87 as of Nov. 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 Maruhachi Warehouse Co (TSE:9313) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Warehouse Co stock appears to be overvalued. The current stock price of 円1,039.00 is trading 32.5% above its estimated GF Value™ of 円783.93. GuruFocus considers Maruhachi Warehouse Co to be Significantly Overvalued.

Key valuation signals for TSE:9313:

  • Scaled Net Operating Assets: 0.87
  • GF Value™: 円783.93 vs. price of 円1,039.00 (32.5% above fair value)
  • GF Score™: 65/100 with 9 warning signs

No single metric tells the full story. See the TSE:9313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Warehouse Co Business Description

Address 2-1-9 Tomioka, Koto Ward, Tokyo HF Monzennakacho Building, 4th Floor, Tokyo, JPN, 135-0047
Maruhachi Warehouse Co Ltd operates warehouses and distribution centers. It reports its activities as two business segments - Logistics Business and Real Estate Business. The majority of its revenue is derived from the Logistics business segment. Its services include warehousing, warehousing leasing, cargo disposal of goods, freight transportation, real estate, and brokerage.
65GF Score

Get the complete analysis for TSE:9313

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

円1,039.00
Price
円783.93
GF Value