JMACS Japan Co (TSE:5817) Scaled Net Operating Assets: 0.61 (As of Feb. 2026)

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TSE:5817 JMACS Japan Co TSE:5817
61 GF Score
Price 円1,005.00
GF Value 円518.08
Valuation Significantly Overvalued
! 2 Warning Signs
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What is JMACS Japan Co Scaled Net Operating Assets?

JMACS Japan Co TSE:5817 +17.54% 61 Scaled Net Operating Assets is 0.61 as of Feb. 2026. GuruFocus rates TSE:5817 with a GF Score™ of 61/100 and a GF Value™ of 円518.08 (Significantly Overvalued). The stock has 2 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.

JMACS Japan Co's operating assets for the quarter that ended in Feb. 2026 was 円8,067 Mil. JMACS Japan Co's operating liabilities for the quarter that ended in Feb. 2026 was 円1,843 Mil. JMACS Japan Co's Total Assets for the quarter that ended in Aug. 2025 was 円10,232 Mil. Therefore, JMACS Japan Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.61.


JMACS Japan Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for JMACS Japan 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.

JMACS Japan Co Scaled Net Operating Assets Chart

JMACS Japan Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.72 0.87 0.77 0.61

JMACS Japan Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 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 0.85 0.76 0.77 0.70 0.61

TSE:5817 vs CSCO, CIEN, MSI: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, JMACS Japan 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.


JMACS Japan Co Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, JMACS Japan Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:5817
61GF Score
JMACS Japan Co TSE:5817
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JMACS Japan 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.

JMACS Japan Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2026 )
=(Operating Assets (A: Feb. 2026 )-Operating Liabilities (A: Feb. 2026 ))/Total Assets (A: Feb. 2025 )
=(8067.012-1843.292)/10275.516
=0.61

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10284.767 - 2217.755
=8067.012

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4631.375 - 1999.918 - 788.165
=1843.292

JMACS Japan Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Aug. 2025 )
=(8067.012-1843.292)/10232.208
=0.61

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10284.767 - 2217.755
=8067.012

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4631.375 - 1999.918 - 788.165
=1843.292

* 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 0.61 mean?
JMACS Japan Co (TSE:5817) has a Scaled Net Operating Assets of 0.61 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on JMACS Japan Co and its competitors.
Is JMACS Japan Co's Scaled Net Operating Assets too high?
JMACS Japan Co's current Scaled Net Operating Assets is 0.61. Overall, JMACS Japan Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JMACS Japan Co's Scaled Net Operating Assets compare to CSCO and CIEN?
JMACS Japan Co's Scaled Net Operating Assets of 0.61 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 JMACS Japan Co and its competitors. JMACS Japan Co's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JMACS Japan Co stock overvalued right now?
Based on GuruFocus' analysis, JMACS Japan Co (TSE:5817) is currently considered Significantly Overvalued. The stock's GF Value™ is 円518.08, compared to a current price of 円1,005.00 — trading 94% above its estimated fair value. The current Scaled Net Operating Assets is 0.61. JMACS Japan Co's overall GF Score™ is 61/100 with 2 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 JMACS Japan Co (TSE:5817), the current Scaled Net Operating Assets is 0.61 as of Feb. 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 JMACS Japan Co (TSE:5817) Overvalued in 2026?

Based on GuruFocus' analysis, JMACS Japan Co stock appears to be overvalued. The current stock price of 円1,005.00 is trading 94% above its estimated GF Value™ of 円518.08. GuruFocus considers JMACS Japan Co to be Significantly Overvalued.

Key valuation signals for TSE:5817:

  • Scaled Net Operating Assets: 0.61
  • GF Value™: 円518.08 vs. price of 円1,005.00 (94% above fair value)
  • GF Score™: 61/100 with 2 warning signs

No single metric tells the full story. See the TSE:5817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JMACS Japan Co Business Description

Address 127-1 Morio, Hyogo Prefecture, Kato, JPN, 673-1331
JMACS Japan Co is engaged in the manufacture and sales of industrial products, entrusted development of automation and labor-saving systems, instrumentation cable, control cable, communication cable, optical fiber cable, and other low-current electric wires.
61GF Score

Get the complete analysis for TSE:5817

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

円1,005.00
Price
円518.08
GF Value