Joao Fortes Engenharia (BSP:JFEN3) Scaled Net Operating Assets: 0.09 (As of Mar. 2026)

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BSP:JFEN3 Joao Fortes Engenharia SA BSP:JFEN3
33 GF Score
Price R$0.61
GF Value R$1.04
Valuation Possible Value Trap
! 4 Warning Signs
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What is Joao Fortes Engenharia Scaled Net Operating Assets?

Joao Fortes Engenharia BSP:JFEN3 +1.67% 33 Scaled Net Operating Assets is 0.09 as of Mar. 2026. GuruFocus rates BSP:JFEN3 with a GF Score™ of 33/100 and a GF Value™ of R$1.04 (Possible Value Trap). The stock has 4 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.

Joao Fortes Engenharia's operating assets for the quarter that ended in Mar. 2026 was R$714.6 Mil. Joao Fortes Engenharia's operating liabilities for the quarter that ended in Mar. 2026 was R$651.1 Mil. Joao Fortes Engenharia's Total Assets for the quarter that ended in Dec. 2025 was R$742.5 Mil. Therefore, Joao Fortes Engenharia's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.09.


Joao Fortes Engenharia Scaled Net Operating Assets Historical Data

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The historical data trend for Joao Fortes Engenharia'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.

Joao Fortes Engenharia Scaled Net Operating Assets Chart

Joao Fortes Engenharia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.15 -0.21 0.16 0.08

Joao Fortes Engenharia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.16 0.10 0.13 0.09 0.09

BSP:JFEN3 vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Joao Fortes Engenharia'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.


Joao Fortes Engenharia Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Joao Fortes Engenharia's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Joao Fortes Engenharia's Scaled Net Operating Assets falls into.


BSP:JFEN3
33GF Score
Joao Fortes Engenharia SA BSP:JFEN3
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Joao Fortes Engenharia 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.

Joao Fortes Engenharia's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(739.17-670.361)/857.867
=0.08

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=742.506 - 3.336
=739.17

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1021.073 - 222.499 - 128.213
=670.361

Joao Fortes Engenharia's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(714.615-651.068)/742.506
=0.09

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=716.832 - 2.217
=714.615

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=999.309 - 218.115 - 130.126
=651.068

* 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 0.09 mean?
Joao Fortes Engenharia (BSP:JFEN3) has a Scaled Net Operating Assets of 0.09 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Joao Fortes Engenharia and its competitors.
Is Joao Fortes Engenharia's Scaled Net Operating Assets too high?
Joao Fortes Engenharia's current Scaled Net Operating Assets is 0.09. Overall, Joao Fortes Engenharia has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Joao Fortes Engenharia's Scaled Net Operating Assets compare to CBRE and BEKE?
Joao Fortes Engenharia's Scaled Net Operating Assets of 0.09 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Joao Fortes Engenharia and its competitors. Joao Fortes Engenharia's current Scaled Net Operating Assets is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joao Fortes Engenharia stock overvalued right now?
Based on GuruFocus' analysis, Joao Fortes Engenharia (BSP:JFEN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.04, compared to a current price of R$0.61 — trading 41.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.09. Joao Fortes Engenharia's overall GF Score™ is 33/100 with 4 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 Joao Fortes Engenharia (BSP:JFEN3), the current Scaled Net Operating Assets is 0.09 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 Joao Fortes Engenharia (BSP:JFEN3) Overvalued in 2026?

Based on GuruFocus' analysis, Joao Fortes Engenharia stock appears to be undervalued. The current stock price of R$0.61 is trading 41.3% below its estimated GF Value™ of R$1.04. GuruFocus considers Joao Fortes Engenharia to be Possible Value Trap.

Key valuation signals for BSP:JFEN3:

  • Scaled Net Operating Assets: 0.09
  • GF Value™: R$1.04 vs. price of R$0.61 (41.3% below fair value)
  • GF Score™: 33/100 with 4 warning signs

No single metric tells the full story. See the BSP:JFEN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Joao Fortes Engenharia Business Description

Address Av Das Americas, 500, Bl. 19, Salas 105 a 108, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22640100
Joao Fortes Engenharia SA is engaged in the development, marketing and management of residential, commercial and industrial building, such as residential houses, commercial and business centers, corporate headquarters, hotels and special projects.
33GF Score

Get the complete analysis for BSP:JFEN3

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

R$0.61
Price
R$1.04
GF Value