CODI (Compass Diversified Holdings) Scaled Net Operating Assets: 0.77 (As of Mar. 2026)


CODI Compass Diversified Holdings CODI
51 GF Score
Price $10.15
GF Value $21.01
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Compass Diversified Holdings Scaled Net Operating Assets?

Compass Diversified Holdings CODI -2.50% 51 Scaled Net Operating Assets is 0.77 as of Mar. 2026. GuruFocus rates CODI with a GF Score™ of 51/100 and a GF Value™ of $21.01 (Possible Value Trap). The stock has 6 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.

Compass Diversified Holdings's operating assets for the quarter that ended in Mar. 2026 was $2,903 Mil. Compass Diversified Holdings's operating liabilities for the quarter that ended in Mar. 2026 was $573 Mil. Compass Diversified Holdings's Total Assets for the quarter that ended in Dec. 2025 was $3,039 Mil. Therefore, Compass Diversified Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.77.


Compass Diversified Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Compass Diversified Holdings'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.

Compass Diversified Holdings Scaled Net Operating Assets Chart

Compass Diversified Holdings 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 0.93 0.86 0.60 0.68 0.72

Compass Diversified Holdings 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 0.68 0.65 0.65 0.73 0.77

CODI vs FBYD, MATW, FIP: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Compass Diversified Holdings'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.


Compass Diversified Holdings Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Compass Diversified Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Compass Diversified Holdings's Scaled Net Operating Assets falls into.


CODI
51GF Score
Compass Diversified Holdings CODI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Compass Diversified Holdings 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.

Compass Diversified Holdings'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 )
=(2971.169-588.204)/3297.422
=0.72

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3039.184 - 68.015
=2971.169

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2465.521 - 1839.817 - 37.5
=588.204

Compass Diversified Holdings'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 )
=(2903.097-573.2)/3039.184
=0.77

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2963.844 - 60.747
=2903.097

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2433.448 - 1818.998 - 41.25
=573.2

* 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 0.77 mean?
Compass Diversified Holdings (CODI) has a Scaled Net Operating Assets of 0.77 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 Compass Diversified Holdings and its competitors.
Is Compass Diversified Holdings' Scaled Net Operating Assets too high?
Compass Diversified Holdings' current Scaled Net Operating Assets is 0.77. Overall, Compass Diversified Holdings has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Compass Diversified Holdings' Scaled Net Operating Assets compare to FBYD and MATW?
Compass Diversified Holdings' Scaled Net Operating Assets of 0.77 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 Compass Diversified Holdings and its competitors. Compass Diversified Holdings's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compass Diversified Holdings stock overvalued right now?
Based on GuruFocus' analysis, Compass Diversified Holdings (CODI) is currently considered Possible Value Trap. The stock's GF Value™ is $21.01, compared to a current price of $10.15 — trading 51.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.77. Compass Diversified Holdings' overall GF Score™ is 51/100 with 6 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 Compass Diversified Holdings (CODI), the current Scaled Net Operating Assets is 0.77 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 Compass Diversified Holdings (CODI) Overvalued in 2026?

Based on GuruFocus' analysis, Compass Diversified Holdings stock appears to be undervalued. The current stock price of $10.15 is trading 51.7% below its estimated GF Value™ of $21.01. GuruFocus considers Compass Diversified Holdings to be Possible Value Trap.

Key valuation signals for CODI:

  • Scaled Net Operating Assets: 0.77
  • GF Value™: $21.01 vs. price of $10.15 (51.7% below fair value)
  • GF Score™: 51/100 with 6 warning signs

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


Compass Diversified Holdings Business Description

Address 301 Riverside Avenue, Second Floor, Westport, CT, USA, 06880
Compass Diversified Holdings is a diversified business conglomerate based in the United States having two groups: branded consumer business and industrial business. Branded consumer businesses are characterized as those businesses that capitalize on a valuable brand name in their respective market sector. It includes 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor. Industrial businesses are characterized as those businesses that focus on manufacturing and selling particular products and industrial services within a specific market sector. The company has operations in the United States, Canada, Europe, Asia Pacific, and other International areas.
51GF Score

Get the complete analysis for CODI

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

$10.15
Price
$21.01
GF Value