JGCCF (JGC Holdings) Scaled Net Operating Assets: 0.08 (As of Mar. 2026)


JGCCF JGC Holdings Corp JGCCF
56 GF Score
Price $15.18
GF Value $7.84
Valuation Significantly Overvalued
! 5 Warning Signs
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What is JGC Holdings Scaled Net Operating Assets?

JGC Holdings JGCCF -0.16% 56 Scaled Net Operating Assets is 0.08 as of Mar. 2026. GuruFocus rates JGCCF with a GF Score™ of 56/100 and a GF Value™ of $7.84 (Significantly Overvalued). 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.

JGC Holdings's operating assets for the quarter that ended in Mar. 2026 was $2,762 Mil. JGC Holdings's operating liabilities for the quarter that ended in Mar. 2026 was $2,347 Mil. JGC Holdings's Total Assets for the quarter that ended in Dec. 2025 was $5,330 Mil. Therefore, JGC Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.08.


JGC Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for JGC Holdings'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.

JGC Holdings Scaled Net Operating Assets Chart

JGC Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.13 0.13 0.12 0.08

JGC Holdings 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 0.12 0.15 0.19 0.13 0.08

JGCCF vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, JGC Holdings'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.


JGC Holdings Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, JGC Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


JGCCF
56GF Score
JGC Holdings Corp JGCCF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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JGC Holdings 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.

JGC Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(2762.223-2346.96)/5260.886
=0.08

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5285.976 - 2523.753
=2762.223

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2568.673 - 214.415 - 7.298
=2346.96

JGC Holdings'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 )
=(2762.223-2346.96)/5329.75
=0.08

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5285.976 - 2523.753
=2762.223

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2568.673 - 214.415 - 7.298
=2346.96

* 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 0.08 mean?
JGC Holdings (JGCCF) has a Scaled Net Operating Assets of 0.08 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 JGC Holdings and its competitors.
Is JGC Holdings' Scaled Net Operating Assets too high?
JGC Holdings' current Scaled Net Operating Assets is 0.08. Overall, JGC Holdings has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JGC Holdings' Scaled Net Operating Assets compare to PWR and FIX?
JGC Holdings' Scaled Net Operating Assets of 0.08 can be compared against companies in the 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 Construction company?
A good Scaled Net Operating Assets depends on the 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 JGC Holdings and its competitors. JGC Holdings's current Scaled Net Operating Assets is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JGC Holdings stock overvalued right now?
Based on GuruFocus' analysis, JGC Holdings (JGCCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.84, compared to a current price of $15.18 — trading 93.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.08. JGC Holdings' overall GF Score™ is 56/100 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 JGC Holdings (JGCCF), the current Scaled Net Operating Assets is 0.08 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 JGC Holdings (JGCCF) Overvalued in 2026?

Based on GuruFocus' analysis, JGC Holdings stock appears to be overvalued. The current stock price of $15.18 is trading 93.6% above its estimated GF Value™ of $7.84. GuruFocus considers JGC Holdings to be Significantly Overvalued.

Key valuation signals for JGCCF:

  • Scaled Net Operating Assets: 0.08
  • GF Value™: $7.84 vs. price of $15.18 (93.6% above fair value)
  • GF Score™: 56/100 with 5 warning signs

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


JGC Holdings Business Description

Address 2-3-1 Minatomirai, Nishi-Ku, Kanagawa, Yokohama-shi, JPN, 220-6001
JGC Holdings Corp is a Japan-based company engaged in providing infrastructure construction services. The company operates through two segments. The Comprehensive Engineering segment provides EPC services including design, procurement, construction, and commissioning of equipment and facilities for petroleum, oil refining, petrochemicals, gas, and LNG. The Functional Materials Manufacturing segment produces and sells catalysts, nanoparticle technology products, clean and safety materials, electronic materials, high-performance ceramics, and next-generation energy solutions. The Others segment includes consulting, office support, desalination, and crude oil and gas production and sales. It generates the majority of its revenue from the Comprehensive engineering segment.
56GF 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.

$15.18
Price
$7.84
GF Value