E J Holdings (TSE:2153) Scaled Net Operating Assets: 0.52 (As of Nov. 2025)


TSE:2153 E J Holdings Inc TSE:2153
70 GF Score
Price 円1,619.00
GF Value 円1,960.38
Valuation Modestly Undervalued
! 1 Warning Sign
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What is E J Holdings Scaled Net Operating Assets?

E J Holdings TSE:2153 +0.37% 70 Scaled Net Operating Assets is 0.52 as of Nov. 2025. GuruFocus rates TSE:2153 with a GF Score™ of 70/100 and a GF Value™ of 円1,960.38 (Modestly Undervalued). The stock has 1 warning sign investors should review.

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

E J Holdings's operating assets for the quarter that ended in Nov. 2025 was 円35,885 Mil. E J Holdings's operating liabilities for the quarter that ended in Nov. 2025 was 円9,366 Mil. E J Holdings's Total Assets for the quarter that ended in Aug. 2025 was 円50,949 Mil. Therefore, E J Holdings's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.52.


E J Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for E J 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.

E J Holdings Scaled Net Operating Assets Chart

E J Holdings Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.27 0.33 0.35 0.48

E J Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.64 0.38 0.44 0.52 0.60

TSE:2153 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, E J 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.


E J Holdings Scaled Net Operating Assets vs Construction Industry

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

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


TSE:2153
70GF Score
E J Holdings Inc TSE:2153
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E J 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.

E J Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2025 )
=(Operating Assets (A: May. 2025 )-Operating Liabilities (A: May. 2025 ))/Total Assets (A: May. 2024 )
=(30552-10520)/41423
=0.48

where

Operating Assets(A: May. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=52011 - 21459
=30552

Operating Liabilities(A: May. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17959 - 6922 - 517
=10520

E J Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2025 )
=(Operating Assets (Q: Nov. 2025 )-Operating Liabilities (Q: Nov. 2025 ))/Total Assets (Q: Aug. 2025 )
=(35885-9366)/50949
=0.52

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=53534 - 17649
=35885

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18420 - 6573 - 2481
=9366

* 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 0.52 mean?
E J Holdings (TSE:2153) has a Scaled Net Operating Assets of 0.52 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on E J Holdings and its competitors.
Is E J Holdings' Scaled Net Operating Assets too high?
E J Holdings' current Scaled Net Operating Assets is 0.52. Overall, E J Holdings has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does E J Holdings' Scaled Net Operating Assets compare to PWR and FIX?
E J Holdings' Scaled Net Operating Assets of 0.52 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 E J Holdings and its competitors. E J Holdings's current Scaled Net Operating Assets is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E J Holdings stock overvalued right now?
Based on GuruFocus' analysis, E J Holdings (TSE:2153) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,960.38, compared to a current price of 円1,619.00 — trading 17.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.52. E J Holdings' overall GF Score™ is 70/100 with 1 warning sign 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 E J Holdings (TSE:2153), the current Scaled Net Operating Assets is 0.52 as of Nov. 2025. 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 E J Holdings (TSE:2153) Overvalued in 2026?

Based on GuruFocus' analysis, E J Holdings stock appears to be undervalued. The current stock price of 円1,619.00 is trading 17.4% below its estimated GF Value™ of 円1,960.38. GuruFocus considers E J Holdings to be Modestly Undervalued.

Key valuation signals for TSE:2153:

  • Scaled Net Operating Assets: 0.52
  • GF Value™: 円1,960.38 vs. price of 円1,619.00 (17.4% below fair value)
  • GF Score™: 70/100 with 1 warning sign

No single metric tells the full story. See the TSE:2153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E J Holdings Business Description

Address 3 - chome 1-21 Tsujima - kyo cho Kita - ku, Okayama, JPN, 700 - 0087
E J Holdings Inc is a business service provider. The business of the company includes planning, managing, and supervising business execution of affiliated companies, and oversee the management of entire group.
70GF Score

Get the complete analysis for TSE:2153

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

円1,619.00
Price
円1,960.38
GF Value