CURV (Torrid Holdings) Scaled Net Operating Assets: 0.48 (As of Apr. 2026)


CURV Torrid Holdings Inc CURV
58 GF Score
Price $1.74
GF Value $3.36
Valuation Possible Value Trap
! 6 Warning Signs
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What is Torrid Holdings Scaled Net Operating Assets?

Torrid Holdings CURV -6.95% 58 Scaled Net Operating Assets is 0.48 as of Apr. 2026. GuruFocus rates CURV with a GF Score™ of 58/100 and a GF Value™ of $3.36 (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.

Torrid Holdings's operating assets for the quarter that ended in Apr. 2026 was $379.7 Mil. Torrid Holdings's operating liabilities for the quarter that ended in Apr. 2026 was $189.3 Mil. Torrid Holdings's Total Assets for the quarter that ended in Jan. 2026 was $400.3 Mil. Therefore, Torrid Holdings's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.48.


Torrid Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for Torrid 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.

Torrid Holdings Scaled Net Operating Assets Chart

Torrid Holdings Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.48 0.53 0.55 0.48 0.42

Torrid Holdings 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 0.49 0.47 0.50 0.51 0.48

CURV vs DLTH, JILL, TLYS: Scaled Net Operating Assets Comparison

For the Apparel Retail subindustry, Torrid 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.


Torrid Holdings Scaled Net Operating Assets vs Retail - Cyclical Industry

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

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


CURV
58GF Score
Torrid Holdings Inc CURV
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Torrid 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.

Torrid Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2026 )
=(Operating Assets (A: Jan. 2026 )-Operating Liabilities (A: Jan. 2026 ))/Total Assets (A: Jan. 2025 )
=(380.317-175.501)/488.441
=0.42

where

Operating Assets(A: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=400.34 - 20.023
=380.317

Operating Liabilities(A: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=613.747 - 357.148 - 81.098
=175.501

Torrid Holdings'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 )
=(379.682-189.285)/400.34
=0.48

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=402.523 - 22.841
=379.682

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=614.443 - 346.577 - 78.581
=189.285

* 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 0.48 mean?
Torrid Holdings (CURV) has a Scaled Net Operating Assets of 0.48 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 Torrid Holdings and its competitors.
Is Torrid Holdings' Scaled Net Operating Assets too high?
Torrid Holdings' current Scaled Net Operating Assets is 0.48. Overall, Torrid Holdings 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 Torrid Holdings' Scaled Net Operating Assets compare to DLTH and JILL?
Torrid Holdings' Scaled Net Operating Assets of 0.48 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 Torrid Holdings and its competitors. Torrid Holdings's current Scaled Net Operating Assets is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torrid Holdings stock overvalued right now?
Based on GuruFocus' analysis, Torrid Holdings (CURV) is currently considered Possible Value Trap. The stock's GF Value™ is $3.36, compared to a current price of $1.74 — trading 48.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.48. Torrid Holdings' overall GF Score™ is 58/100 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 Torrid Holdings (CURV), the current Scaled Net Operating Assets is 0.48 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 Torrid Holdings (CURV) Overvalued in 2026?

Based on GuruFocus' analysis, Torrid Holdings stock appears to be undervalued. The current stock price of $1.74 is trading 48.2% below its estimated GF Value™ of $3.36. GuruFocus considers Torrid Holdings to be Possible Value Trap.

Key valuation signals for CURV:

  • Scaled Net Operating Assets: 0.48
  • GF Value™: $3.36 vs. price of $1.74 (48.2% below fair value)
  • GF Score™: 58/100 with 6 warning signs

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


Torrid Holdings Business Description

Address 18501 East San Jose Avenue, City of Industry, CA, USA, 91748
Torrid Holdings Inc is a direct-to-consumer brand in North America dedicated to offering a diverse assortment of stylish apparel, intimates, and accessories skillfully designed for curvy women. Its extensive collection features high-quality merchandise, including tops, bottoms, denim, dresses, intimates, activewear, footwear, and accessories. The company has one reportable segment, which includes the operation of its e-Commerce platform and stores.
58GF 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.

$1.74
Price
$3.36
GF Value