Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Supply Network's operating assets for the quarter that ended in Dec. 2025 was A$229.4 Mil. Supply Network's operating liabilities for the quarter that ended in Dec. 2025 was A$52.8 Mil. Supply Network's Total Assets for the quarter that ended in Jun. 2025 was A$240.8 Mil. Therefore, Supply Network's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.73.
Supply Network Scaled Net Operating Assets Related Terms
Supply Network Scaled Net Operating Assets Historical Data
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The historical data trend for Supply Network'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.
ASX:SNL vs ORLY, AZO: Scaled Net Operating Assets Comparison
For the Auto Parts subindustry, Supply Network'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.
Supply Network Scaled Net Operating Assets vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Supply Network's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Supply Network's Scaled Net Operating Assets falls into.
* 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 0.73 mean?
Supply Network (ASX:SNL) has a Scaled Net Operating Assets of 0.73 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Supply Network and its competitors.
Is Supply Network's Scaled Net Operating Assets too high?
Supply Network's current Scaled Net Operating Assets is 0.73. Overall, Supply Network has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Supply Network's Scaled Net Operating Assets compare to ORLY and AZO?
Supply Network's Scaled Net Operating Assets of 0.73 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Supply Network and its competitors. Supply Network's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supply Network stock overvalued right now?
Based on GuruFocus' analysis, Supply Network (ASX:SNL) is currently considered Fairly Valued. The stock's GF Value™ is A$34.67, compared to a current price of A$32.30 — trading 6.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.73. Supply Network's overall GF Score™ is 96/100 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 Supply Network (ASX:SNL), the current Scaled Net Operating Assets is 0.73 as of Dec. 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 Supply Network (ASX:SNL) Overvalued in 2026?
Based on GuruFocus' analysis, Supply Network stock appears to be undervalued.
The current stock price of A$32.30 is trading 6.8% below its estimated GF Value™ of A$34.67.
GuruFocus considers Supply Network to be Fairly Valued.
Key valuation signals for ASX:SNL:
Scaled Net Operating Assets: 0.73
GF Value™: A$34.67 vs. price of A$32.30 (6.8% below fair value)
No single metric tells the full story. See the ASX:SNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Supply Network is a distributor of aftermarket truck and bus parts in Australia and New Zealand, operating under the Multispares brand. The company provides a range of services, including parts supply, procurement, and technical support for fleet operators. Supply Network's revenue has increasingly shifted toward truck parts, which we estimate accounts for at least 85% of sales. The company operates 24 distribution centers and branch sites across Australia and New Zealand.
96GF Score
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