Money Forward (STU:47D) Total Assets: €711.3 Mil (As of Nov. 2025)


STU:47D Money Forward Inc STU:47D
71 GF Score
Price €26.20
GF Value €44.53
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Money Forward Total Assets?

Money Forward STU:47D -2.24% 71 Total Assets is €711.3 Mil as of Nov. 2025. GuruFocus rates STU:47D with a GF Score™ of 71/100 and a GF Value™ of €44.53 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Money Forward's Total Assets for the quarter that ended in Nov. 2025 was €711.3 Mil.

Warning Sign:

If a company builds assets at 42.9% a year, faster than its revenue growth rate of 31.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Money Forward's average Total Assets Growth Rate was 41.30% per year. During the past 3 years, the average Total Assets Growth Rate was 28.10% per year. During the past 5 years, the average Total Assets Growth Rate was 42.90% per year. During the past 10 years, the average Total Assets Growth Rate was 79.40% per year.

During the past 11 years, Money Forward's highest 3-Year average Total Assets Growth Rate was 181.70%. The lowest was 28.10%. And the median was 67.25%.

Total Assets is connected with ROA %. Money Forward's annualized ROA % for the quarter that ended in Nov. 2025 was 16.23%. Total Assets is also linked to Revenue through Asset Turnover. Money Forward's Asset Turnover for the quarter that ended in Nov. 2025 was 0.12.


Money Forward  (STU:47D) Total Assets Explanation

Total Assets is connected with ROA %.

Money Forward's annualized ROA % for the quarter that ended in Nov. 2025 is

ROA %=Net Income (Q: Nov. 2025 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Nov. 2025 ))/ count )
=110.884/( (655.415+711.26)/ 2 )
=110.884/683.3375
=16.23 %

Note: The Net Income data used here is four times the quarterly (Nov. 2025) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Money Forward's Asset Turnover for the quarter that ended in Nov. 2025 is

Asset Turnover
=Revenue (Q: Nov. 2025 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Nov. 2025 ))/ count )
=83.876/( (655.415+711.26)/ 2 )
=83.876/683.3375
=0.12

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Money Forward Total Assets Related Terms


Money Forward Total Assets Historical Data

* Premium members only.

The historical data trend for Money Forward's Total 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.

Money Forward Total Assets Chart

Money Forward Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 437.69 454.44 544.99 650.78 711.26

Money Forward Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Total 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 686.51 668.21 655.42 711.26 874.15
STU:47D
71GF Score
Money Forward Inc STU:47D
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Money Forward Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Money Forward's Total Assets for the fiscal year that ended in Nov. 2025 is calculated as

Total Assets=Total Equity (A: Nov. 2025 )+Total Liabilities (A: Nov. 2025 )
=311.481+399.779
=711.3

Money Forward's Total Assets for the quarter that ended in Nov. 2025 is calculated as

Total Assets=Total Equity (Q: Nov. 2025 )+Total Liabilities (Q: Nov. 2025 )
=311.481+399.779
=711.3

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of €711.3 Mil mean?
Money Forward (STU:47D) has a Total Assets of €711.3 Mil as of Nov. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on Money Forward and its competitors.
Is Money Forward's Total Assets too high?
Money Forward's current Total Assets is €711.3 Mil. Overall, Money Forward has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Money Forward's Total Assets compare to UBER and SHOP?
Money Forward's Total Assets of €711.3 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Software company?
A good Total Assets depends on the Software industry context. However, Total 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Money Forward and its competitors. Money Forward's current Total Assets is €711.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Money Forward stock overvalued right now?
Based on GuruFocus' analysis, Money Forward (STU:47D) is currently considered Significantly Undervalued. The stock's GF Value™ is €44.53, compared to a current price of €26.20 — trading 41.2% below its estimated fair value. The current Total Assets is €711.3 Mil. Money Forward's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Money Forward (STU:47D), the current Total Assets is €711.3 Mil 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 Money Forward (STU:47D) Overvalued in 2026?

Based on GuruFocus' analysis, Money Forward stock appears to be undervalued. The current stock price of €26.20 is trading 41.2% below its estimated GF Value™ of €44.53. GuruFocus considers Money Forward to be Significantly Undervalued.

Key valuation signals for STU:47D:

  • Total Assets: €711.3 Mil
  • GF Value™: €44.53 vs. price of €26.20 (41.2% below fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the STU:47D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Money Forward Business Description

Other Exchanges 3994:Japan
Address 21st Floor, msb Tamachi Tamachi Station Tower, S 3-1-21 Shibaura, Minato-ku, Tokyo, JPN, 108-0023
Money Forward Inc provides money-related services for individuals and corporations. Its service portfolio comprises personal financial management services and MF cloud services. Its personal financial management services include economic media that conveys money related themes, automatic savings app and mirai talk channel where customers can resolve their financial concerns together directly with financial planners. Its MF Cloud services comprise cloud accounting software, cloud-based tax return, invoice preparation software, payroll calculation, and cloud-based payment reconciliation.
71GF Score

Get the complete analysis for STU:47D

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

€26.20
Price
€44.53
GF Value