JPSWY (The Japan Steel Works) Scaled Net Operating Assets: 0.53 (As of Mar. 2026)


JPSWY The Japan Steel Works Ltd JPSWY
82 GF Score
Price $24.55
GF Value $20.38
Valuation Modestly Overvalued
! 2 Warning Signs
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What is The Japan Steel Works Scaled Net Operating Assets?

The Japan Steel Works JPSWY +0.95% 82 Scaled Net Operating Assets is 0.53 as of Mar. 2026. GuruFocus rates JPSWY with a GF Score™ of 82/100 and a GF Value™ of $20.38 (Modestly Overvalued). The stock has 2 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.

The Japan Steel Works's operating assets for the quarter that ended in Mar. 2026 was $2,220 Mil. The Japan Steel Works's operating liabilities for the quarter that ended in Mar. 2026 was $805 Mil. The Japan Steel Works's Total Assets for the quarter that ended in Dec. 2025 was $2,647 Mil. Therefore, The Japan Steel Works's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.53.


The Japan Steel Works Scaled Net Operating Assets Historical Data

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The historical data trend for The Japan Steel Works'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.

The Japan Steel Works Scaled Net Operating Assets Chart

The Japan Steel Works 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 0.30 0.31 0.32 0.45 0.53

The Japan Steel Works 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 0.45 0.42 0.45 0.47 0.53

JPSWY vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, The Japan Steel Works'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.


The Japan Steel Works Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Japan Steel Works's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where The Japan Steel Works's Scaled Net Operating Assets falls into.


JPSWY
82GF Score
The Japan Steel Works Ltd JPSWY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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The Japan Steel Works 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.

The Japan Steel Works'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 )
=(2219.65-805.374)/2670.927
=0.53

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2709.703 - 490.053
=2219.65

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1362.171 - 477.456 - 79.341
=805.374

The Japan Steel Works'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 )
=(2219.65-805.374)/2647.276
=0.53

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2709.703 - 490.053
=2219.65

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1362.171 - 477.456 - 79.341
=805.374

* 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 0.53 mean?
The Japan Steel Works (JPSWY) has a Scaled Net Operating Assets of 0.53 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 The Japan Steel Works and its competitors.
Is The Japan Steel Works' Scaled Net Operating Assets too high?
The Japan Steel Works' current Scaled Net Operating Assets is 0.53. Overall, The Japan Steel Works has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Japan Steel Works' Scaled Net Operating Assets compare to GEV and ETN?
The Japan Steel Works' Scaled Net Operating Assets of 0.53 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 The Japan Steel Works and its competitors. The Japan Steel Works's current Scaled Net Operating Assets is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Japan Steel Works stock overvalued right now?
Based on GuruFocus' analysis, The Japan Steel Works (JPSWY) is currently considered Modestly Overvalued. The stock's GF Value™ is $20.38, compared to a current price of $24.55 — trading 20.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.53. The Japan Steel Works' overall GF Score™ is 82/100 with 2 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 The Japan Steel Works (JPSWY), the current Scaled Net Operating Assets is 0.53 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 The Japan Steel Works (JPSWY) Overvalued in 2026?

Based on GuruFocus' analysis, The Japan Steel Works stock appears to be overvalued. The current stock price of $24.55 is trading 20.5% above its estimated GF Value™ of $20.38. GuruFocus considers The Japan Steel Works to be Modestly Overvalued.

Key valuation signals for JPSWY:

  • Scaled Net Operating Assets: 0.53
  • GF Value™: $20.38 vs. price of $24.55 (20.5% above fair value)
  • GF Score™: 82/100 with 2 warning signs

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


The Japan Steel Works Business Description

Other Exchanges 5631:JapanJ9R:Germany
Address 1-11-1 Osaki, Gate City Osaki-West Tower, Shinagawa-ku, Tokyo, JPN, 141-0032
The Japan Steel Works Ltd provides industrial machinery as well as materials and engineering solutions in Japan and internationally. The company operates through two segments. The Industrial Machinery segment provides resin manufacturing and processing machinery, molding machines, defense-related equipment, and other industrial machinery. The Materials and Engineering segment covers raw material products and engineering operations. The Other segment includes the film deposition business, crystal business, and related activities. It generates the majority of its revenue from the Industrial machinery business segment.
82GF 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.

$24.55
Price
$20.38
GF Value