First Juken Co (TSE:8917) Scaled Net Operating Assets: 0.59 (As of Apr. 2026)


TSE:8917 First Juken Co Ltd TSE:8917
64 GF Score
Price 円1,056.00
GF Value 円1,101.37
Valuation Fairly Valued
! 3 Warning Signs
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What is First Juken Co Scaled Net Operating Assets?

First Juken Co TSE:8917 +0.86% 64 Scaled Net Operating Assets is 0.59 as of Apr. 2026. GuruFocus rates TSE:8917 with a GF Score™ of 64/100 and a GF Value™ of 円1,101.37 (Fairly Valued). The stock has 3 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.

First Juken Co's operating assets for the quarter that ended in Apr. 2026 was 円41,691 Mil. First Juken Co's operating liabilities for the quarter that ended in Apr. 2026 was 円5,193 Mil. First Juken Co's Total Assets for the quarter that ended in Oct. 2025 was 円61,786 Mil. Therefore, First Juken Co's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.59.


First Juken Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for First Juken 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.

First Juken Co Scaled Net Operating Assets Chart

First Juken Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.53 0.52 0.65 0.56

First Juken Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.67 0.57 0.55 0.59

TSE:8917 vs DHI, PHM, LEN: Scaled Net Operating Assets Comparison

For the Residential Construction subindustry, First Juken 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.


First Juken Co Scaled Net Operating Assets vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, First Juken Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:8917
64GF Score
First Juken Co Ltd TSE:8917
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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First Juken 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.

First Juken Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(39478.146-5385.661)/61171.998
=0.56

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=61786.484 - 22308.338
=39478.146

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19645.907 - 5639.18 - 8621.066
=5385.661

First Juken Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Oct. 2025 )
=(41690.854-5192.744)/61786.484
=0.59

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=61678.195 - 19987.341
=41690.854

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18996.24 - 5332.292 - 8471.204
=5192.744

* 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 0.59 mean?
First Juken Co (TSE:8917) has a Scaled Net Operating Assets of 0.59 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on First Juken Co and its competitors.
Is First Juken Co's Scaled Net Operating Assets too high?
First Juken Co's current Scaled Net Operating Assets is 0.59. Overall, First Juken Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Juken Co's Scaled Net Operating Assets compare to DHI and PHM?
First Juken Co's Scaled Net Operating Assets of 0.59 can be compared against companies in the Homebuilding & 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 Homebuilding & Construction company?
A good Scaled Net Operating Assets depends on the Homebuilding & 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 First Juken Co and its competitors. First Juken Co's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Juken Co stock overvalued right now?
Based on GuruFocus' analysis, First Juken Co (TSE:8917) is currently considered Fairly Valued. The stock's GF Value™ is 円1,101.37, compared to a current price of 円1,056.00 — trading 4.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.59. First Juken Co's overall GF Score™ is 64/100 with 3 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 First Juken Co (TSE:8917), the current Scaled Net Operating Assets is 0.59 as of Apr. 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 First Juken Co (TSE:8917) Overvalued in 2026?

Based on GuruFocus' analysis, First Juken Co stock appears to be undervalued. The current stock price of 円1,056.00 is trading 4.1% below its estimated GF Value™ of 円1,101.37. GuruFocus considers First Juken Co to be Fairly Valued.

Key valuation signals for TSE:8917:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: 円1,101.37 vs. price of 円1,056.00 (4.1% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the TSE:8917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Juken Co Business Description

Address 5-6-9 Higashi-Namba-cho, Amagasaki, JPN, 660-0892
First Juken Co Ltd is a Japanese based company engaged in the development of residential housing and condominium buildings. Its detached housing business offers the wooden house with a traditional conventional construction method. Its residential condominium business offers house on sale and rental. It is also engaged insurance business that offers fire insurance and life insurance. The Group is mainly engaged in the Detached house business, Condominium business and Special construction business.
64GF Score

Get the complete analysis for TSE:8917

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

円1,056.00
Price
円1,101.37
GF Value