CDNTF (Canadian Tire) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)


CDNTF Canadian Tire Corp Ltd CDNTF
62 GF Score
Price $187.03
GF Value $161.41
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Canadian Tire Scaled Net Operating Assets?

Canadian Tire CDNTF 62 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates CDNTF with a GF Score™ of 62/100 and a GF Value™ of $161.41 (Modestly Overvalued). The stock has 7 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.

Canadian Tire's operating assets for the quarter that ended in Mar. 2026 was $15,558 Mil. Canadian Tire's operating liabilities for the quarter that ended in Mar. 2026 was $5,286 Mil. Canadian Tire's Total Assets for the quarter that ended in Dec. 2025 was $15,614 Mil. Therefore, Canadian Tire's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.


Canadian Tire Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Canadian Tire'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.

Canadian Tire Scaled Net Operating Assets Chart

Canadian Tire 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 0.55 0.62 0.68 0.62 0.64

Canadian Tire 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 0.66 0.61 0.65 0.63 0.66

CDNTF vs CASY, WSM, ULTA: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Canadian Tire'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.


Canadian Tire Scaled Net Operating Assets vs Retail - Cyclical Industry

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

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


CDNTF
62GF Score
Canadian Tire Corp Ltd CDNTF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Tire 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.

Canadian Tire'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 )
=(15126.423-5115.187)/15610.725
=0.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15614.208 - 487.785
=15126.423

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10674.81 - 4134.976 - 1424.647
=5115.187

Canadian Tire'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 )
=(15557.726-5286.151)/15614.208
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15915.816 - 358.09
=15557.726

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10962.901 - 4088.047 - 1588.703
=5286.151

* 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 0.66 mean?
Canadian Tire (CDNTF) has a Scaled Net Operating Assets of 0.66 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 Canadian Tire and its competitors.
Is Canadian Tire's Scaled Net Operating Assets too high?
Canadian Tire's current Scaled Net Operating Assets is 0.66. Overall, Canadian Tire has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Tire's Scaled Net Operating Assets compare to CASY and WSM?
Canadian Tire's Scaled Net Operating Assets of 0.66 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 Canadian Tire and its competitors. Canadian Tire's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Tire stock overvalued right now?
Based on GuruFocus' analysis, Canadian Tire (CDNTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $161.41, compared to a current price of $187.03 — trading 15.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Canadian Tire's overall GF Score™ is 62/100 with 7 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 Canadian Tire (CDNTF), the current Scaled Net Operating Assets is 0.66 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 Canadian Tire (CDNTF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Tire stock appears to be overvalued. The current stock price of $187.03 is trading 15.9% above its estimated GF Value™ of $161.41. GuruFocus considers Canadian Tire to be Modestly Overvalued.

Key valuation signals for CDNTF:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: $161.41 vs. price of $187.03 (15.9% above fair value)
  • GF Score™: 62/100 with 7 warning signs

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


Canadian Tire Business Description

Address 2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8
Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The company operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, and Party City. Its product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 12 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.
62GF 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.

$187.03
Price
$161.41
GF Value