J Frontier Co (TSE:2934) Scaled Net Operating Assets: 0.54 (As of Nov. 2025)


TSE:2934 J Frontier Co Ltd TSE:2934
66 GF Score
Price 円1,566.00
GF Value 円2,750.37
Valuation Significantly Undervalued
! 7 Warning Signs
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What is J Frontier Co Scaled Net Operating Assets?

J Frontier Co TSE:2934 -1.01% 66 Scaled Net Operating Assets is 0.54 as of Nov. 2025. GuruFocus rates TSE:2934 with a GF Score™ of 66/100 and a GF Value™ of 円2,750.37 (Significantly Undervalued). The stock has 7 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 Frontier Co's operating assets for the quarter that ended in Nov. 2025 was 円7,790 Mil. J Frontier Co's operating liabilities for the quarter that ended in Nov. 2025 was 円2,979 Mil. J Frontier Co's Total Assets for the quarter that ended in Aug. 2025 was 円8,827 Mil. Therefore, J Frontier Co's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.54.


J Frontier Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for J Frontier 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 Frontier Co Scaled Net Operating Assets Chart

J Frontier Co Annual Data
Trend May19 May20 May21 May22 May23 May24 May25
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.15 0.68 0.53 0.72 0.37

J Frontier Co 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 0.54 0.46 0.45 0.55 0.55

J Frontier Co Scaled Net Operating Assets Competitor Comparison

For the Pharmaceutical Retailers subindustry, J Frontier 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 Frontier Co Scaled Net Operating Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, J Frontier Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:2934
66GF Score
J Frontier Co Ltd TSE:2934
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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J Frontier 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 Frontier Co'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 )
=(7003.135-2814.682)/11412.075
=0.37

where

Operating Assets(A: May. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9172.78 - 2169.645
=7003.135

Operating Liabilities(A: May. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7158.506 - 1969.405 - 2374.419
=2814.682

J Frontier Co'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 )
=(7789.638-2979.469)/8827.017
=0.54

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9856.971 - 2067.333
=7789.638

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7841.517 - 2276.413 - 2585.635
=2979.469

* 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 0.54 mean?
J Frontier Co (TSE:2934) has a Scaled Net Operating Assets of 0.54 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 J Frontier Co and its competitors.
Is J Frontier Co's Scaled Net Operating Assets too high?
J Frontier Co's current Scaled Net Operating Assets is 0.54. Overall, J Frontier Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does J Frontier Co's Scaled Net Operating Assets compare to competitors?
J Frontier Co's Scaled Net Operating Assets of 0.54 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Scaled Net Operating Assets depends on the Healthcare Providers & Services 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 Frontier Co and its competitors. J Frontier Co's current Scaled Net Operating Assets is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J Frontier Co stock overvalued right now?
Based on GuruFocus' analysis, J Frontier Co (TSE:2934) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,750.37, compared to a current price of 円1,566.00 — trading 43.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.54. J Frontier Co's overall GF Score™ is 66/100 with 7 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 Frontier Co (TSE:2934), the current Scaled Net Operating Assets is 0.54 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 J Frontier Co (TSE:2934) Overvalued in 2026?

Based on GuruFocus' analysis, J Frontier Co stock appears to be undervalued. The current stock price of 円1,566.00 is trading 43.1% below its estimated GF Value™ of 円2,750.37. GuruFocus considers J Frontier Co to be Significantly Undervalued.

Key valuation signals for TSE:2934:

  • Scaled Net Operating Assets: 0.54
  • GF Value™: 円2,750.37 vs. price of 円1,566.00 (43.1% below fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the TSE:2934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


J Frontier Co Business Description

Other Exchanges R0L:Germany
Address 2-9-9 Shibuya, SANWA Aoyama Building, 8th floor, Shibuya-ku, Tokyo, JPN, 150-0002
J Frontier Co Ltd is engaged in the healthcare sales business, medical care sales business and healthcare marketing business.
66GF Score

Get the complete analysis for TSE:2934

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

円1,566.00
Price
円2,750.37
GF Value