J-MAX Co (NGO:3422) Scaled Net Operating Assets: 0.69 (As of Mar. 2026)


NGO:3422 J-MAX Co Ltd NGO:3422
67 GF Score
Price 円444.00
GF Value 円395.29
! 10 Warning Signs
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What is J-MAX Co Scaled Net Operating Assets?

J-MAX Co NGO:3422 67 Scaled Net Operating Assets is 0.69 as of Mar. 2026. GuruFocus rates NGO:3422 with a GF Score™ of 67/100 and a GF Value™ of 円395.29. The stock has 10 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.

J-MAX Co's operating assets for the quarter that ended in Mar. 2026 was 円54,787 Mil. J-MAX Co's operating liabilities for the quarter that ended in Mar. 2026 was 円15,787 Mil. J-MAX Co's Total Assets for the quarter that ended in Sep. 2025 was 円56,356 Mil. Therefore, J-MAX Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.69.


J-MAX Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for J-MAX Co'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.

J-MAX Co Scaled Net Operating Assets Chart

J-MAX Co 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 0.62 0.67 0.70 0.74 0.70

J-MAX Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.67 0.70 0.72 0.67 0.69

NGO:3422 vs ORLY, AZO: Scaled Net Operating Assets Comparison

For the Auto Parts subindustry, J-MAX Co'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.


J-MAX Co Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, J-MAX Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where J-MAX Co's Scaled Net Operating Assets falls into.


NGO:3422
67GF Score
J-MAX Co Ltd NGO:3422
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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J-MAX Co 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.

J-MAX Co'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 )
=(54787-15787)/55724
=0.70

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=62109 - 7322
=54787

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=41160 - 10935 - 14438
=15787

J-MAX Co'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: Sep. 2025 )
=(54787-15787)/56356
=0.69

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=62109 - 7322
=54787

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=41160 - 10935 - 14438
=15787

* 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 0.69 mean?
J-MAX Co (NGO:3422) has a Scaled Net Operating Assets of 0.69 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 J-MAX Co and its competitors.
Is J-MAX Co's Scaled Net Operating Assets too high?
J-MAX Co's current Scaled Net Operating Assets is 0.69. Overall, J-MAX Co has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does J-MAX Co's Scaled Net Operating Assets compare to ORLY and AZO?
J-MAX Co's Scaled Net Operating Assets of 0.69 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 J-MAX Co and its competitors. J-MAX Co's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J-MAX Co stock overvalued right now?
J-MAX Co (NGO:3422) has a current Scaled Net Operating Assets of 0.69. The stock's GF Value™ is 円395.29, compared to a current price of 円444.00 — trading 12.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.69. J-MAX Co's overall GF Score™ is 67/100 with 10 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 J-MAX Co (NGO:3422), the current Scaled Net Operating Assets is 0.69 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 J-MAX Co (NGO:3422) Overvalued in 2026?

Based on GuruFocus' analysis, J-MAX Co stock appears to be overvalued. The current stock price of 円444.00 is trading 12.3% above its estimated GF Value™ of 円395.29.

Key valuation signals for NGO:3422:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: 円395.29 vs. price of 円444.00 (12.3% above fair value)
  • GF Score™: 67/100 with 10 warning signs

No single metric tells the full story. See the NGO:3422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


J-MAX Co Business Description

Other Exchanges 3422:Japan
Address Gifu Kamiishizu Otosaka 130-1, Ogaki, JPN, 503-1601
J-MAX Co Ltd is engaged in manufacture of automobile body press parts, manufacture of precision parts for automobiles, and design and production of various molds. The company also manufactures press dies, welding jigs, inspection tools, and other equipment.
67GF Score

Get the complete analysis for NGO:3422

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

円444.00
Price
円395.29
GF Value