MCNCF (Macnica Holdings) Total Operating Expense: $583 Mil (TTM As of Mar. 2026)

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MCNCF Macnica Holdings Inc MCNCF
89 GF Score
Price $3.58
GF Value $2.71
! 9 Warning Signs
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What is Macnica Holdings Total Operating Expense?

Macnica Holdings MCNCF 89 Total Operating Expense is $583 Mil as of Mar. 2026. GuruFocus rates MCNCF with a GF Score™ of 89/100 and a GF Value™ of $2.71. The stock has 9 warning signs investors should review.

Macnica Holdings's Total Operating Expense for the three months ended in Mar. 2026 was $146 Mil. Macnica Holdings's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $583 Mil.

Macnica Holdings Total Operating Expense Related Terms

Macnica Holdings Total Operating Expense Historical Data

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The historical data trend for Macnica Holdings'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.

Macnica Holdings Total Operating Expense Chart

Macnica Holdings 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 455.48 480.73 439.76 547.45 557.64

Macnica Holdings 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 157.99 138.93 150.78 147.45 145.76
MCNCF
89GF Score
Macnica Holdings Inc MCNCF
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Macnica Holdings 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 $583 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 $583 Mil mean?
Macnica Holdings (MCNCF) has a Total Operating Expense of $583 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Macnica Holdings and its competitors.
Is Macnica Holdings' Total Operating Expense too high?
Macnica Holdings' current Total Operating Expense is $583 Mil. Overall, Macnica Holdings has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Macnica Holdings' Total Operating Expense compare to SNX and ARW?
Macnica Holdings' Total Operating Expense of $583 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Operating Expense depends on the Hardware 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 Macnica Holdings and its competitors. Macnica Holdings's current Total Operating Expense is $583 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macnica Holdings stock overvalued right now?
Macnica Holdings (MCNCF) has a current Total Operating Expense of $583 Mil. The stock's GF Value™ is $2.71, compared to a current price of $3.58 — trading 32.2% above its estimated fair value. The current Total Operating Expense is $583 Mil. Macnica Holdings' overall GF Score™ is 89/100 with 9 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 Macnica Holdings (MCNCF), the current Total Operating Expense is $583 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 Macnica Holdings (MCNCF) Overvalued in 2026?

Based on GuruFocus' analysis, Macnica Holdings stock appears to be overvalued. The current stock price of $3.58 is trading 32.2% above its estimated GF Value™ of $2.71.

Key valuation signals for MCNCF:

  • Total Operating Expense: $583 Mil
  • GF Value™: $2.71 vs. price of $3.58 (32.2% above fair value)
  • GF Score™: 89/100 with 9 warning signs

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

Macnica Holdings Business Description

Other Exchanges 3132:Japan
Address 1-6-3 Shin-Yokohama, Macnica Building 1, Kohoku-ku, Yokohama, JPN, 222-8561
Macnica Holdings Inc is an independent electronics distribution company in Japan. The company imports, exports, and distributes electronic components such as semiconductor devices and Integrated Circuit (IC), and business accompanying or pertaining to such activities. Its business segments are the Integrated Circuit, Electronic Devices, and Other Business, and the Network Business. The IC, Electronic Devices, and Other Business handles the sales of products such as ICs and electronic devices, and the Network Business is responsible for the sales of network-related hardware, software, and services.
89GF Score

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

$3.58
Price
$2.71
GF Value