Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
CarGurus's operating assets for the quarter that ended in Mar. 2026 was $447.6 Mil. CarGurus's operating liabilities for the quarter that ended in Mar. 2026 was $94.5 Mil. CarGurus's Total Assets for the quarter that ended in Dec. 2025 was $661.9 Mil. Therefore, CarGurus's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.53.
CarGurus Scaled Net Operating Assets Related Terms
CarGurus Scaled Net Operating Assets Historical Data
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The historical data trend for CarGurus'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.
CARG vs SAH, GPI, DRVN: Scaled Net Operating Assets Comparison
For the Auto & Truck Dealerships subindustry, CarGurus'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.
CarGurus Scaled Net Operating Assets vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CarGurus's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where CarGurus'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 0.53 mean?
CarGurus (CARG) has a Scaled Net Operating Assets of 0.53 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 CarGurus and its competitors.
Is CarGurus' Scaled Net Operating Assets too high?
CarGurus' current Scaled Net Operating Assets is 0.53. Overall, CarGurus has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CarGurus' Scaled Net Operating Assets compare to SAH and GPI?
CarGurus' Scaled Net Operating Assets of 0.53 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 CarGurus and its competitors. CarGurus's current Scaled Net Operating Assets is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CarGurus stock overvalued right now?
Based on GuruFocus' analysis, CarGurus (CARG) is currently considered Modestly Undervalued. The stock's GF Value™ is $40.35, compared to a current price of $35.14 — trading 12.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.53. CarGurus' overall GF Score™ is 84/100 with 4 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 CarGurus (CARG), the current Scaled Net Operating Assets is 0.53 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 CarGurus (CARG) Overvalued in 2026?
Based on GuruFocus' analysis, CarGurus stock appears to be undervalued.
The current stock price of $35.14 is trading 12.9% below its estimated GF Value™ of $40.35.
GuruFocus considers CarGurus to be Modestly Undervalued.
Key valuation signals for CARG:
Scaled Net Operating Assets: 0.53
GF Value™: $40.35 vs. price of $35.14 (12.9% below fair value)
No single metric tells the full story. See the CARG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CarGurus Inc is a company that acts as an online automotive marketplace connecting buyers and sellers of new and used cars. It provides three types of marketplace Listing products, Restricted Listings, and Enhanced or Featured Listings, through which it offers real-time and historical data analyzing the connections and pricing analysis. The listing platforms offer auto manufacturers and others to buy advertising on the company's site and target consumers based on the make, model, and zip code of the cars. The company operates through two segments, namely U.S. Marketplace and Digital Wholesale. It generates maximum revenue from the U.S. Marketplace segment. Geographically, the company derives its key revenue from the United States and the rest from international markets.
84GF 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.
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