Lojas Renner (BSP:LREN3) Scaled Net Operating Assets: 0.58 (As of Mar. 2026)


BSP:LREN3 Lojas Renner SA BSP:LREN3
92 GF Score
Price R$14.97
GF Value R$17.25
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Lojas Renner Scaled Net Operating Assets?

Lojas Renner BSP:LREN3 +3.10% 92 Scaled Net Operating Assets is 0.58 as of Mar. 2026. GuruFocus rates BSP:LREN3 with a GF Score™ of 92/100 and a GF Value™ of R$17.25 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Lojas Renner's operating assets for the quarter that ended in Mar. 2026 was R$17,019 Mil. Lojas Renner's operating liabilities for the quarter that ended in Mar. 2026 was R$5,612 Mil. Lojas Renner's Total Assets for the quarter that ended in Dec. 2025 was R$19,626 Mil. Therefore, Lojas Renner's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.58.

Lojas Renner Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Lojas Renner'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.

Lojas Renner Scaled Net Operating Assets Chart

Lojas Renner 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 0.68 0.56 0.55 0.57 0.56

Lojas Renner 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 0.57 0.63 0.61 0.62 0.58

BSP:LREN3 vs DDS, M: Scaled Net Operating Assets Comparison

For the Department Stores subindustry, Lojas Renner'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.

Lojas Renner Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lojas Renner's Scaled Net Operating Assets distribution charts can be found below:

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


BSP:LREN3
92GF Score
Lojas Renner SA BSP:LREN3
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Lojas Renner 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.

Lojas Renner'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 )
=(17723.216-6284.38)/20364.59
=0.56

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=19626.027 - 1902.811
=17723.216

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9169.746 - 2124.042 - 761.324
=6284.38

Lojas Renner'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 )
=(17019.439-5611.883)/19626.027
=0.58

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18872.967 - 1853.528
=17019.439

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8506.893 - 2152.036 - 742.974
=5611.883

* 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 0.58 mean?
Lojas Renner (BSP:LREN3) has a Scaled Net Operating Assets of 0.58 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 Lojas Renner and its competitors.
Is Lojas Renner's Scaled Net Operating Assets too high?
Lojas Renner's current Scaled Net Operating Assets is 0.58. Overall, Lojas Renner has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lojas Renner's Scaled Net Operating Assets compare to DDS and M?
Lojas Renner's Scaled Net Operating Assets of 0.58 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Lojas Renner and its competitors. Lojas Renner's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lojas Renner stock overvalued right now?
Based on GuruFocus' analysis, Lojas Renner (BSP:LREN3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$17.25, compared to a current price of R$14.97 — trading 13.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.58. Lojas Renner's overall GF Score™ is 92/100 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 Lojas Renner (BSP:LREN3), the current Scaled Net Operating Assets is 0.58 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 Lojas Renner (BSP:LREN3) Overvalued in 2026?

Based on GuruFocus' analysis, Lojas Renner stock appears to be undervalued. The current stock price of R$14.97 is trading 13.2% below its estimated GF Value™ of R$17.25. GuruFocus considers Lojas Renner to be Modestly Undervalued.

Key valuation signals for BSP:LREN3:

  • Scaled Net Operating Assets: 0.58
  • GF Value™: R$17.25 vs. price of R$14.97 (13.2% below fair value)
  • GF Score™: 92/100 with 1 warning sign

No single metric tells the full story. See the BSP:LREN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lojas Renner Business Description

Address Avenida Joaquim Porto Villanova, 401 - B, Jardim do Salso, Porto Alegre, RS, BRA, 91410-400
Lojas Renner SA is an omnichannel fashion retailer in Brazil, bringing together the Renner, Camicado, Youcom, Realize, and Repassa brands in a fashion and lifestyle ecosystem that connects customers through digital channels and physical stores distributed across Brazil, Argentina, and Uruguay. It operates in two segments namely Retail engaged in trade of clothing, perfumery, cosmetics, watches and home & decoration, urban deliveries and logistics management solutions covering the operations of Renner, Camicado, Youcom, Repassa, Uello and operations in Uruguay and Argentina; and Financial products engaged in granting of individual and corporate loans, financing of purchases, insurance and the practice of receivables and payables inherent to credit, financing and investment companies.
92GF Score

Get the complete analysis for BSP:LREN3

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

R$14.97
Price
R$17.25
GF Value