MJ Gleeson (CHIX:GLEL) Scaled Net Operating Assets: 0.78 (As of Dec. 2025)


CHIX:GLEL MJ Gleeson PLC CHIX:GLEL
71 GF Score
Price £2.48
GF Value £5.01
Valuation Possible Value Trap
! 5 Warning Signs
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What is MJ Gleeson Scaled Net Operating Assets?

MJ Gleeson CHIX:GLEL +1.22% 71 Scaled Net Operating Assets is 0.78 as of Dec. 2025. GuruFocus rates CHIX:GLEL with a GF Score™ of 71/100 and a GF Value™ of £5.01 (Possible Value Trap). The stock has 5 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.

MJ Gleeson's operating assets for the quarter that ended in Dec. 2025 was £439.9 Mil. MJ Gleeson's operating liabilities for the quarter that ended in Dec. 2025 was £112.3 Mil. MJ Gleeson's Total Assets for the quarter that ended in Jun. 2025 was £419.4 Mil. Therefore, MJ Gleeson's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.78.


MJ Gleeson Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for MJ Gleeson'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.

MJ Gleeson Scaled Net Operating Assets Chart

MJ Gleeson Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.82 0.78 0.78 0.85

MJ Gleeson Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.81 0.77 0.83 0.83 0.78

CHIX:GLEL vs DHI, PHM, LEN: Scaled Net Operating Assets Comparison

For the Residential Construction subindustry, MJ Gleeson'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.


MJ Gleeson Scaled Net Operating Assets vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, MJ Gleeson's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where MJ Gleeson's Scaled Net Operating Assets falls into.


CHIX:GLEL
71GF Score
MJ Gleeson PLC CHIX:GLEL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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MJ Gleeson 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.

MJ Gleeson's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(419.373-99.048)/378.047
=0.85

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=419.373 - 0
=419.373

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=111.707 - 3.462 - 9.197
=99.048

MJ Gleeson's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(439.908-112.336)/419.373
=0.78

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=441.348 - 1.44
=439.908

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=136.298 - 0 - 23.962
=112.336

* 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 0.78 mean?
MJ Gleeson (CHIX:GLEL) has a Scaled Net Operating Assets of 0.78 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on MJ Gleeson and its competitors.
Is MJ Gleeson's Scaled Net Operating Assets too high?
MJ Gleeson's current Scaled Net Operating Assets is 0.78. Overall, MJ Gleeson has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MJ Gleeson's Scaled Net Operating Assets compare to DHI and PHM?
MJ Gleeson's Scaled Net Operating Assets of 0.78 can be compared against companies in the Homebuilding & Construction 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 Homebuilding & Construction company?
A good Scaled Net Operating Assets depends on the Homebuilding & Construction 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 MJ Gleeson and its competitors. MJ Gleeson's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MJ Gleeson stock overvalued right now?
Based on GuruFocus' analysis, MJ Gleeson (CHIX:GLEL) is currently considered Possible Value Trap. The stock's GF Value™ is £5.01, compared to a current price of £2.48 — trading 50.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.78. MJ Gleeson's overall GF Score™ is 71/100 with 5 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 MJ Gleeson (CHIX:GLEL), the current Scaled Net Operating Assets is 0.78 as of Dec. 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 MJ Gleeson (CHIX:GLEL) Overvalued in 2026?

Based on GuruFocus' analysis, MJ Gleeson stock appears to be undervalued. The current stock price of £2.48 is trading 50.5% below its estimated GF Value™ of £5.01. GuruFocus considers MJ Gleeson to be Possible Value Trap.

Key valuation signals for CHIX:GLEL:

  • Scaled Net Operating Assets: 0.78
  • GF Value™: £5.01 vs. price of £2.48 (50.5% below fair value)
  • GF Score™: 71/100 with 5 warning signs

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


MJ Gleeson Business Description

Other Exchanges GLE:UK
Address 6 Europa Court, Sheffield Business Park, Sheffield, GBR, S9 1XE
MJ Gleeson PLC is engaged in the business of homebuilding. Its business activities flow through two distinct divisions, Gleeson Homes and Gleeson Land. Gleeson Homes being the revenue earning segment of the two conducts all activities for the development and sale of residential property. The Strategic Land business includes conducting operations relating to enhancing the value of land and ensuring the value is achieved for the stakeholders. Its property offerings are spread across the United Kingdom.
71GF Score

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

£2.48
Price
£5.01
GF Value