SJMHF (SJM Holdings) Scaled Net Operating Assets: N/A (As of Dec. 2025)


SJMHF SJM Holdings Ltd SJMHF
36 GF Score
Price $0.19
GF Value $0.53
Valuation Possible Value Trap
! 4 Warning Signs
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What is SJM Holdings Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

SJM Holdings's operating assets for the quarter that ended in Dec. 2025 was $6,319 Mil. SJM Holdings's operating liabilities for the quarter that ended in Dec. 2025 was $962 Mil. SJM Holdings's Total Assets for the quarter that ended in Sep. 2025 was $0 Mil. Therefore, SJM Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was N/A.


SJM Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for SJM 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.

SJM Holdings Scaled Net Operating Assets Chart

SJM Holdings 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 0.77 0.84 0.74 0.79 0.86

SJM Holdings Quarterly Data
Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.00 0.80 0.00 0.00 0.00

SJMHF vs LVS, MGM, WYNN: Scaled Net Operating Assets Comparison

For the Resorts & Casinos subindustry, SJM 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.


SJM Holdings Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SJM Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


SJMHF
36GF Score
SJM Holdings Ltd SJMHF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SJM 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.

SJM Holdings'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 )
=(6318.939-961.624)/6268.158
=0.85

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6581.251 - 262.312
=6318.939

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4808.696 - 2687.384 - 1159.688
=961.624

SJM Holdings'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: Sep. 2025 )
=(6318.939-961.624)/0
=N/A

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6581.251 - 262.312
=6318.939

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4808.696 - 2687.384 - 1159.688
=961.624

* 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.

Is SJM Holdings (SJMHF) Overvalued in 2026?

Based on GuruFocus' analysis, SJM Holdings stock appears to be undervalued. The current stock price of $0.19 is trading 64.2% below its estimated GF Value™ of $0.53. GuruFocus considers SJM Holdings to be Possible Value Trap.

Key valuation signals for SJMHF:

  • Scaled Net Operating Assets: N/A
  • GF Value™: $0.53 vs. price of $0.19 (64.2% below fair value)
  • GF Score™: 36/100 with 4 warning signs

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


SJM Holdings Business Description

Address Nos. 168 - 200 Connaught Road Central, 18th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
SJM Holdings is one of six casino license holders in Macao. It operates Grand Lisboa casino in the peninsula and Grand Lisboa Palace in Cotai, as well as another three self-promoted casinos: Casino Lisboa, Oceanus at Jai Alai, and L'Arc Macau.
36GF Score

Get the complete analysis for SJMHF

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

$0.19
Price
$0.53
GF Value