Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Casey's General Stores's operating assets for the quarter that ended in Apr. 2026 was $8,413 Mil. Casey's General Stores's operating liabilities for the quarter that ended in Apr. 2026 was $2,079 Mil. Casey's General Stores's Total Assets for the quarter that ended in Jan. 2026 was $8,586 Mil. Therefore, Casey's General Stores's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.74.
Casey's General Stores Scaled Net Operating Assets Related Terms
Casey's General Stores Scaled Net Operating Assets Historical Data
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The historical data trend for Casey's General Stores'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.
Casey's General Stores Scaled Net Operating Assets Chart
CASY vs WSM, ULTA, DKS: Scaled Net Operating Assets Comparison
For the Specialty Retail subindustry, Casey's General Stores'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.
Casey's General Stores Scaled Net Operating Assets vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Casey's General Stores's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Casey's General Stores'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 0.74 mean?
Casey's General Stores (CASY) has a Scaled Net Operating Assets of 0.74 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 Casey's General Stores and its competitors.
Is Casey's General Stores' Scaled Net Operating Assets too high?
Casey's General Stores' current Scaled Net Operating Assets is 0.74. Overall, Casey's General Stores has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Casey's General Stores' Scaled Net Operating Assets compare to WSM and ULTA?
Casey's General Stores' Scaled Net Operating Assets of 0.74 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 Casey's General Stores and its competitors. Casey's General Stores's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casey's General Stores stock overvalued right now?
Based on GuruFocus' analysis, Casey's General Stores (CASY) is currently considered Significantly Overvalued. The stock's GF Value™ is $480.45, compared to a current price of $781.45 — trading 62.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.74. Casey's General Stores' overall GF Score™ is 84/100 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 Casey's General Stores (CASY), the current Scaled Net Operating Assets is 0.74 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 Casey's General Stores (CASY) Overvalued in 2026?
Based on GuruFocus' analysis, Casey's General Stores stock appears to be overvalued.
The current stock price of $781.45 is trading 62.6% above its estimated GF Value™ of $480.45.
GuruFocus considers Casey's General Stores to be Significantly Overvalued.
Key valuation signals for CASY:
Scaled Net Operating Assets: 0.74
GF Value™: $480.45 vs. price of $781.45 (62.6% above fair value)
No single metric tells the full story. See the CASY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Casey's General Stores Inc serves as convenience store chain with its 2,900 locations, positioned in the Midwest United States. About half of Casey's stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two-thirds of the company's gross profit stems from in-store sales of grocery items, prepared meals, and general merchandise. Casey's owns more than 90% of its stores and operates the majority of its warehousing and distribution processes internally.
84GF Score
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