CPB (The Campbell's Co) Scaled Net Operating Assets: 0.69 (As of Apr. 2026)


CPB The Campbell's Co CPB
58 GF Score
Price $22.23
GF Value $41.79
Valuation Possible Value Trap
! 7 Warning Signs
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What is The Campbell's Co Scaled Net Operating Assets?

The Campbell's Co CPB +4.81% 58 Scaled Net Operating Assets is 0.69 as of Apr. 2026. GuruFocus rates CPB with a GF Score™ of 58/100 and a GF Value™ of $41.79 (Possible Value Trap). 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.

The Campbell's Co's operating assets for the quarter that ended in Apr. 2026 was $14,740 Mil. The Campbell's Co's operating liabilities for the quarter that ended in Apr. 2026 was $4,102 Mil. The Campbell's Co's Total Assets for the quarter that ended in Jan. 2026 was $15,348 Mil. Therefore, The Campbell's Co's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.69.


The Campbell's Co Scaled Net Operating Assets Historical Data

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The historical data trend for The Campbell's Co'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.

The Campbell's Co Scaled Net Operating Assets Chart

The Campbell's Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.71 0.71 0.93 0.72

The Campbell's Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.67 0.74 0.72 0.69 0.69

CPB vs CAG, INGR, LW: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, The Campbell's Co'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.


The Campbell's Co Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Campbell's Co's Scaled Net Operating Assets distribution charts can be found below:

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


CPB
58GF Score
The Campbell's Co CPB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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The Campbell's Co 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.

The Campbell's Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(14764-3780)/15235
=0.72

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14896 - 132
=14764

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10992 - 6354 - 858
=3780

The Campbell's Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(14740-4102)/15348
=0.69

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15142 - 402
=14740

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11112 - 6146 - 864
=4102

* 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 0.69 mean?
The Campbell's Co (CPB) has a Scaled Net Operating Assets of 0.69 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 The Campbell's Co and its competitors.
Is The Campbell's Co's Scaled Net Operating Assets too high?
The Campbell's Co's current Scaled Net Operating Assets is 0.69. Overall, The Campbell's Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Campbell's Co's Scaled Net Operating Assets compare to CAG and INGR?
The Campbell's Co's Scaled Net Operating Assets of 0.69 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 The Campbell's Co and its competitors. The Campbell's Co's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Campbell's Co stock overvalued right now?
Based on GuruFocus' analysis, The Campbell's Co (CPB) is currently considered Possible Value Trap. The stock's GF Value™ is $41.79, compared to a current price of $22.23 — trading 46.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.69. The Campbell's Co's overall GF Score™ is 58/100 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 The Campbell's Co (CPB), the current Scaled Net Operating Assets is 0.69 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 The Campbell's Co (CPB) Overvalued in 2026?

Based on GuruFocus' analysis, The Campbell's Co stock appears to be undervalued. The current stock price of $22.23 is trading 46.8% below its estimated GF Value™ of $41.79. GuruFocus considers The Campbell's Co to be Possible Value Trap.

Key valuation signals for CPB:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: $41.79 vs. price of $22.23 (46.8% below fair value)
  • GF Score™: 58/100 with 7 warning signs

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


The Campbell's Co Business Description

Address 1 Campbell Place, Camden, NJ, USA, 08103-1799
Over the past 150-plus years, Campbell's has evolved into a leading domestic packaged food manufacturer, with a portfolio that extends beyond its iconic red-and-white labeled canned soup. In fiscal 2025 (July year-end), snacks accounted for 43% of its revenue, followed by soup (27%), other simple meals (23%), and beverages (7%). Beyond its namesake, its brands include Pepperidge Farm, Goldfish, Snyder's of Hanover, Swanson, Pacific Foods, Prego, Pace, V8, and, most recently, Rao's (a deal that closed in 2024). Around 90% of its revenue results from the US and the remainder from Canada and Latin America.
58GF Score

Get the complete analysis for CPB

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

$22.23
Price
$41.79
GF Value