CLCGY (Clicks Group) Scaled Net Operating Assets: 0.45 (As of Feb. 2026)


CLCGY Clicks Group Ltd CLCGY
83 GF Score
Price $26.98
GF Value $46.97
Valuation Significantly Undervalued
View Full Analysis

What is Clicks Group Scaled Net Operating Assets?

Clicks Group CLCGY -2.98% 83 Scaled Net Operating Assets is 0.45 as of Feb. 2026. GuruFocus rates CLCGY with a GF Score™ of 83/100 and a GF Value™ of $46.97 (Significantly Undervalued).

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

Clicks Group's operating assets for the quarter that ended in Feb. 2026 was $1,361 Mil. Clicks Group's operating liabilities for the quarter that ended in Feb. 2026 was $781 Mil. Clicks Group's Total Assets for the quarter that ended in Aug. 2025 was $1,277 Mil. Therefore, Clicks Group's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.45.

Clicks Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Clicks Group'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.

Clicks Group Scaled Net Operating Assets Chart

Clicks Group Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.35 0.34 0.40 0.37

Clicks Group Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.42 0.42 0.41 0.39 0.45

Clicks Group Scaled Net Operating Assets Competitor Comparison

For the Pharmaceutical Retailers subindustry, Clicks Group'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.

Clicks Group Scaled Net Operating Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Clicks Group's Scaled Net Operating Assets distribution charts can be found below:

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


CLCGY
83GF Score
Clicks Group Ltd CLCGY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clicks Group 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.

Clicks Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2025 )
=(Operating Assets (A: Aug. 2025 )-Operating Liabilities (A: Aug. 2025 ))/Total Assets (A: Aug. 2024 )
=(1092.703-660.717)/1154.263
=0.37

where

Operating Assets(A: Aug. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1276.69 - 183.987
=1092.703

Operating Liabilities(A: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=889.161 - 153.05 - 75.394
=660.717

Clicks Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Aug. 2025 )
=(1360.91-781.027)/1276.69
=0.45

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1438.303 - 77.393
=1360.91

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1057.011 - 186.864 - 89.12
=781.027

* 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 0.45 mean?
Clicks Group (CLCGY) has a Scaled Net Operating Assets of 0.45 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Clicks Group and its competitors.
Is Clicks Group's Scaled Net Operating Assets too high?
Clicks Group's current Scaled Net Operating Assets is 0.45. Overall, Clicks Group has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clicks Group's Scaled Net Operating Assets compare to competitors?
Clicks Group's Scaled Net Operating Assets of 0.45 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Scaled Net Operating Assets depends on the Healthcare Providers & Services 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 Clicks Group and its competitors. Clicks Group's current Scaled Net Operating Assets is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clicks Group stock overvalued right now?
Based on GuruFocus' analysis, Clicks Group (CLCGY) is currently considered Significantly Undervalued. The stock's GF Value™ is $46.97, compared to a current price of $26.98 — trading 42.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.45. Clicks Group's overall GF Score™ is 83/100. 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 Clicks Group (CLCGY), the current Scaled Net Operating Assets is 0.45 as of Feb. 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 Clicks Group (CLCGY) Overvalued in 2026?

Based on GuruFocus' analysis, Clicks Group stock appears to be undervalued. The current stock price of $26.98 is trading 42.6% below its estimated GF Value™ of $46.97. GuruFocus considers Clicks Group to be Significantly Undervalued.

Key valuation signals for CLCGY:

  • Scaled Net Operating Assets: 0.45
  • GF Value™: $46.97 vs. price of $26.98 (42.6% below fair value)
  • GF Score™: 83/100

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

Clicks Group Business Description

Address Cnr Searle and Pontac Streets, PO Box 5142, Cape Town, ZAF, 8001
Clicks Group Ltd operates prominently in health, beauty, and wellness retail across southern Africa. The company predominantly operates a retail pharmacy chain in South Africa, with a limited number of operations in bordering countries. The company has a portfolio of retail franchise brands including The Body Shop, M-Kem, and Sorbet among others. The company's business segments include Retail and Distribution. The company generates revenue from in-store and online sales of health, beauty, and wellness items, plus wholesale pharmaceutical distribution. Geographically, the maximum revenue is generated from South Africa.
83GF Score

Get the complete analysis for CLCGY

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

$26.98
Price
$46.97
GF Value