SJ Group JSC (STC:SJS) Net Current Asset Value: ₫2,390.75 (As of Jun. 2026) — 4706% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STC:SJS SJ Group JSC STC:SJS
79 GF Score
Price ₫47,200.00
GF Value ₫76,050.59
Valuation Possible Value Trap
! 6 Warning Signs
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What is SJ Group JSC Net Current Asset Value?

SJ Group JSC STC:SJS -0.42% 79 Net Current Asset Value is ₫2,390.75 as of Jun. 2026, which is 100% below its 10-year median of 49.75. GuruFocus rates STC:SJS with a GF Score™ of 79/100 and a GF Value™ of ₫76,050.59 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 758 Real Estate companies, SJ Group JSC ranks worse than 96.17% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

SJ Group JSC's net current asset value per share for the quarter that ended in Jun. 2026 was ₫2,390.75.

The historical rank and industry rank for SJ Group JSC's Net Current Asset Value or its related term are showing as below:

STC:SJS' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 19.74   Med: 49.75   Max: 688.96
Current: 19.74

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of SJ Group JSC was 688.96. The lowest was 19.74. And the median was 49.75.

STC:SJS's Price-to-Net-Current-Asset-Value is ranked worse than
96.17% of 758 companies
in the Real Estate industry
Industry Median: 2.165 vs STC:SJS: 19.74

SJ Group JSC  (STC:SJS) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


SJ Group JSC Net Current Asset Value Related Terms


SJ Group JSC Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for SJ Group JSC's Net Current Asset Value 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.

SJ Group JSC Net Current Asset Value Chart

SJ Group JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,839.09 -782.73 -57.07 585.86 1,568.22

SJ Group JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Current Asset Value 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 1,062.37 1,322.52 1,568.22 2,071.29 2,390.75

STC:SJS vs CBRE, BEKE, JLL: Net Current Asset Value Comparison

For the Real Estate Services subindustry, SJ Group JSC's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


SJ Group JSC Price-to-Net-Current-Asset-Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, SJ Group JSC's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where SJ Group JSC's Price-to-Net-Current-Asset-Value falls into.


STC:SJS
79GF Score
SJ Group JSC STC:SJS
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SJ Group JSC Net Current Asset Value Calculation

SJ Group JSC's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4916016.147-4434659.289-14850.533-0)/297.475
=1,568.22

SJ Group JSC's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2026 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5270641.157-4552631.271-6821.14-0)/297.475
=2,390.75

* 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 Net Current Asset Value of ₫2,390.75 mean?
SJ Group JSC (STC:SJS) has a Net Current Asset Value of ₫2,390.75 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on SJ Group JSC and its competitors. This is 4706% above median its historical median of 49.75. Over the past decade, SJ Group JSC's Net Current Asset Value has ranged from 19.74 to 688.96. According to the industry distribution chart, SJ Group JSC ranks #729 out of 758 companies in the Real Estate industry, placing it in the top 96.2%.
Is SJ Group JSC's Net Current Asset Value too high?
SJ Group JSC's current Net Current Asset Value of ₫2,390.75 is 4706% above median its 10-year median of 49.75. Over the past 10 years, this metric has ranged from a low of 19.74 to a high of 688.96. Based on the distribution chart, SJ Group JSC ranks #729 out of 758 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, SJ Group JSC has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SJ Group JSC's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, SJ Group JSC ranks #729 out of 758 companies for Net Current Asset Value. This places SJ Group JSC in the lower half of its industry. The industry median Net Current Asset Value is 2.17. Historically, SJ Group JSC's own Net Current Asset Value has ranged from 19.74 to 688.96 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.17, based on 758 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on SJ Group JSC and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SJ Group JSC's current Net Current Asset Value is ₫2,390.75, which is 4706% above median its own 10-year median of 49.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SJ Group JSC stock overvalued right now?
Based on GuruFocus' analysis, SJ Group JSC (STC:SJS) is currently considered Possible Value Trap. The stock's GF Value™ is ₫76,050.59, compared to a current price of ₫47,200.00 — trading 37.9% below its estimated fair value. The current Net Current Asset Value is ₫2,390.75, which is 4706% above median its 10-year median of 49.75. SJ Group JSC's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For SJ Group JSC (STC:SJS), the current Net Current Asset Value is ₫2,390.75 as of Jun. 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 SJ Group JSC (STC:SJS) Overvalued in 2026?

Based on GuruFocus' analysis, SJ Group JSC stock appears to be undervalued. The current stock price of ₫47,200.00 is trading 37.9% below its estimated GF Value™ of ₫76,050.59. GuruFocus considers SJ Group JSC to be Possible Value Trap.

Key valuation signals for STC:SJS:

  • Net Current Asset Value: ₫2,390.75 (4706% above median its 10-year median of 49.75)
  • GF Value™: ₫76,050.59 vs. price of ₫47,200.00 (37.9% below fair value)
  • GF Score™: 79/100 with 6 warning signs

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


SJ Group JSC Business Description

Address Land plot TT2, Nam An Khanh new urban area, An Khanh Commune, Hoai Duc District, Hanoi, VNM
SJ Group JSC is one of the leading enterprises investing, developing and trading in residential real estate, urban areas, and resort tourism and has the most experience and reputation in Vietnam.
79GF Score

Get the complete analysis for STC:SJS

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

₫47,200.00
Price
₫76,050.59
GF Value