HSIC (Henry Schein) Scaled Net Operating Assets: 0.75 (As of Mar. 2026)


HSIC Henry Schein Inc HSIC
80 GF Score
Price $85.06
GF Value $83.62
Valuation Fairly Valued
! 8 Warning Signs
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What is Henry Schein Scaled Net Operating Assets?

Henry Schein HSIC +1.47% 80 Scaled Net Operating Assets is 0.75 as of Mar. 2026. GuruFocus rates HSIC with a GF Score™ of 80/100 and a GF Value™ of $83.62 (Fairly Valued). The stock has 8 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.

Henry Schein's operating assets for the quarter that ended in Mar. 2026 was $11,166 Mil. Henry Schein's operating liabilities for the quarter that ended in Mar. 2026 was $2,733 Mil. Henry Schein's Total Assets for the quarter that ended in Dec. 2025 was $11,215 Mil. Therefore, Henry Schein's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.75.

Henry Schein Scaled Net Operating Assets Historical Data

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The historical data trend for Henry Schein'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.

Henry Schein Scaled Net Operating Assets Chart

Henry Schein 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 0.74 0.71 0.90 0.72 0.79

Henry Schein 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 0.77 0.77 0.75 0.73 0.75

HSIC vs AHG, ACH, EDAP: Scaled Net Operating Assets Comparison

For the Medical Distribution subindustry, Henry Schein'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.

Henry Schein Scaled Net Operating Assets vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Henry Schein's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Henry Schein's Scaled Net Operating Assets falls into.


HSIC
80GF Score
Henry Schein Inc HSIC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Henry Schein 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.

Henry Schein'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 )
=(11059-2985)/10218
=0.79

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11215 - 156
=11059

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6421 - 2561 - 875
=2985

Henry Schein'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 )
=(11166-2733)/11215
=0.75

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11304 - 138
=11166

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6482 - 2590 - 1159
=2733

* 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 0.75 mean?
Henry Schein (HSIC) has a Scaled Net Operating Assets of 0.75 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 Henry Schein and its competitors.
Is Henry Schein's Scaled Net Operating Assets too high?
Henry Schein's current Scaled Net Operating Assets is 0.75. Overall, Henry Schein has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Henry Schein's Scaled Net Operating Assets compare to AHG and ACH?
Henry Schein's Scaled Net Operating Assets of 0.75 can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Scaled Net Operating Assets depends on the Medical Distribution 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 Henry Schein and its competitors. Henry Schein's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henry Schein stock overvalued right now?
Based on GuruFocus' analysis, Henry Schein (HSIC) is currently considered Fairly Valued. The stock's GF Value™ is $83.62, compared to a current price of $85.06 — trading 1.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.75. Henry Schein's overall GF Score™ is 80/100 with 8 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 Henry Schein (HSIC), the current Scaled Net Operating Assets is 0.75 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 Henry Schein (HSIC) Overvalued in 2026?

Based on GuruFocus' analysis, Henry Schein stock appears to be overvalued. The current stock price of $85.06 is trading 1.7% above its estimated GF Value™ of $83.62. GuruFocus considers Henry Schein to be Fairly Valued.

Key valuation signals for HSIC:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: $83.62 vs. price of $85.06 (1.7% above fair value)
  • GF Score™: 80/100 with 8 warning signs

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

Henry Schein Business Description

Address 135 Duryea Road, Melville, NY, USA, 11747
Henry Schein Inc is a solutions company for healthcare professionals. It offers healthcare equipment, products, and services to office-based dental and medical practitioners, as well as alternative sites of care. The company's reportable segments are: Global Distribution and Value-Added Services, Global Specialty Products, and Global Technology. It generates maximum revenue from the Global Distribution and Value-Added Services segment, which includes distribution to the dental and medical markets of national brand and corporate brand merchandise, as well as equipment and related technical services. This segment also includes value-added services such as financial services, continuing education services, consulting, and other practice services.
80GF Score

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

$85.06
Price
$83.62
GF Value