SJ Group JSC (STC:SJS) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)


STC:SJS SJ Group JSC STC:SJS
85 GF Score
Price ₫48,000.00
GF Value ₫63,861.16
Valuation Modestly Undervalued
! 5 Warning Signs
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What is SJ Group JSC Scaled Net Operating Assets?

SJ Group JSC STC:SJS 85 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates STC:SJS with a GF Score™ of 85/100 and a GF Value™ of ₫63,861.16 (Modestly Undervalued). 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.

SJ Group JSC's operating assets for the quarter that ended in Mar. 2026 was ₫7,920,788 Mil. SJ Group JSC's operating liabilities for the quarter that ended in Mar. 2026 was ₫3,204,909 Mil. SJ Group JSC's Total Assets for the quarter that ended in Dec. 2025 was ₫7,880,010 Mil. Therefore, SJ Group JSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.

SJ Group JSC Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SJ Group JSC'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.

SJ Group JSC Scaled Net Operating Assets Chart

SJ Group JSC 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 0.43 0.59 0.61 0.46 0.55

SJ Group JSC 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 0.48 0.51 0.54 0.60

STC:SJS vs CBRE, BEKE: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, SJ Group JSC'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.

SJ Group JSC Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, SJ Group JSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where SJ Group JSC's Scaled Net Operating Assets falls into.


STC:SJS
85GF Score
SJ Group JSC STC:SJS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SJ Group JSC 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.

SJ Group JSC'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 )
=(7683931.435-3370317.27)/7844262.549
=0.55

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7880010.002 - 196078.567
=7683931.435

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4434659.289 - 728462.019 - 335880
=3370317.27

SJ Group JSC'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 )
=(7920788.478-3204909.116)/7880010.002
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7991490.059 - 70701.581
=7920788.478

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4374942.082 - 834152.966 - 335880
=3204909.116

* 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 0.60 mean?
SJ Group JSC (STC:SJS) has a Scaled Net Operating Assets of 0.60 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 SJ Group JSC and its competitors.
Is SJ Group JSC's Scaled Net Operating Assets too high?
SJ Group JSC's current Scaled Net Operating Assets is 0.60. Overall, SJ Group JSC has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SJ Group JSC's Scaled Net Operating Assets compare to CBRE and BEKE?
SJ Group JSC's Scaled Net Operating Assets of 0.60 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 SJ Group JSC and its competitors. SJ Group JSC's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SJ Group JSC stock overvalued right now?
Based on GuruFocus' analysis, SJ Group JSC (STC:SJS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫63,861.16, compared to a current price of ₫48,000.00 — trading 24.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.60. SJ Group JSC's overall GF Score™ is 85/100 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 SJ Group JSC (STC:SJS), the current Scaled Net Operating Assets is 0.60 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 SJ Group JSC (STC:SJS) Overvalued in 2026?

Based on GuruFocus' analysis, SJ Group JSC stock appears to be undervalued. The current stock price of ₫48,000.00 is trading 24.8% below its estimated GF Value™ of ₫63,861.16. GuruFocus considers SJ Group JSC to be Modestly Undervalued.

Key valuation signals for STC:SJS:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: ₫63,861.16 vs. price of ₫48,000.00 (24.8% below fair value)
  • GF Score™: 85/100 with 5 warning signs

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

SJ Group JSC Business Description

Address Land plot TT2, Nam An Khanh new urban area, An Khanh Commune, Hoai Duc District, Hanoi, VNM
SJ Group JSC is one of the leading enterprises investing, developing and trading in residential real estate, urban areas, and resort tourism and has the most experience and reputation in Vietnam.
85GF Score

Get the complete analysis for STC:SJS

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

₫48,000.00
Price
₫63,861.16
GF Value