Noritake Co (FRA:NO4) Total Operating Expense: €169.2 Mil (TTM As of Mar. 2026)


FRA:NO4 Noritake Co Ltd FRA:NO4
76 GF Score
Price €19.80
GF Value €11.43
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Noritake Co Total Operating Expense?

Noritake Co FRA:NO4 -1.98% 76 Total Operating Expense is €169.2 Mil as of Mar. 2026. GuruFocus rates FRA:NO4 with a GF Score™ of 76/100 and a GF Value™ of €11.43 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Noritake Co's Total Operating Expense for the three months ended in Mar. 2026 was €42.3 Mil. Noritake Co's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €169.2 Mil.

Noritake Co Total Operating Expense Related Terms

Noritake Co Total Operating Expense Historical Data

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The historical data trend for Noritake Co's Total Operating Expense 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.

Noritake Co Total Operating Expense Chart

Noritake Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 196.91 184.37 166.57 176.35 162.75

Noritake Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 44.10 43.95 41.85 41.14 42.29
FRA:NO4
76GF Score
Noritake Co Ltd FRA:NO4
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Noritake Co Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €169.2 Mil.

* 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 Total Operating Expense of €169.2 Mil mean?
Noritake Co (FRA:NO4) has a Total Operating Expense of €169.2 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Noritake Co and its competitors.
Is Noritake Co's Total Operating Expense too high?
Noritake Co's current Total Operating Expense is €169.2 Mil. Overall, Noritake Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noritake Co's Total Operating Expense compare to HON and MMM?
Noritake Co's Total Operating Expense of €169.2 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Conglomerates company?
A good Total Operating Expense depends on the Conglomerates industry context. However, Total Operating Expense 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 Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Noritake Co and its competitors. Noritake Co's current Total Operating Expense is €169.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noritake Co stock overvalued right now?
Based on GuruFocus' analysis, Noritake Co (FRA:NO4) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.43, compared to a current price of €19.80 — trading 73.2% above its estimated fair value. The current Total Operating Expense is €169.2 Mil. Noritake Co's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Noritake Co (FRA:NO4), the current Total Operating Expense is €169.2 Mil 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 Noritake Co (FRA:NO4) Overvalued in 2026?

Based on GuruFocus' analysis, Noritake Co stock appears to be overvalued. The current stock price of €19.80 is trading 73.2% above its estimated GF Value™ of €11.43. GuruFocus considers Noritake Co to be Significantly Overvalued.

Key valuation signals for FRA:NO4:

  • Total Operating Expense: €169.2 Mil
  • GF Value™: €11.43 vs. price of €19.80 (73.2% above fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the FRA:NO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Noritake Co Business Description

Other Exchanges 5331:Japan
Address 3-1-36, Noritake-shinmachi, Nishi-ku, Nagoya-shi, Aichi, JPN, 451-8501
Noritake Co Ltd is engaged in manufacturing of grinding and polishing tools, electronic component materials and manufacturing equipment. The group has established four different business fields with the application and development of a variety of ceramics manufacturing technologies: Industrial Products, which supports industries with grinding wheels and diamond tools, Ceramics & Materials, which supplies ceramic raw materials to many kinds of manufacturers, Engineering which develops and proposes manufacturing equipment and technologies, and Tabletop, which offers tableware to create rich and luxurious dining.
76GF Score

Get the complete analysis for FRA:NO4

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

€19.80
Price
€11.43
GF Value