CWT (California Water Service Group) Scaled Net Operating Assets: 0.59 (As of Mar. 2026)


CWT California Water Service Group CWT
80 GF Score
Price $49.08
GF Value $50.86
Valuation Fairly Valued
! 7 Warning Signs
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What is California Water Service Group Scaled Net Operating Assets?

California Water Service Group CWT +3.22% 80 Scaled Net Operating Assets is 0.59 as of Mar. 2026. GuruFocus rates CWT with a GF Score™ of 80/100 and a GF Value™ of $50.86 (Fairly Valued). 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.

California Water Service Group's operating assets for the quarter that ended in Mar. 2026 was $5,722 Mil. California Water Service Group's operating liabilities for the quarter that ended in Mar. 2026 was $2,394 Mil. California Water Service Group's Total Assets for the quarter that ended in Dec. 2025 was $5,671 Mil. Therefore, California Water Service Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.59.


California Water Service Group Scaled Net Operating Assets Historical Data

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The historical data trend for California Water Service 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.

California Water Service Group Scaled Net Operating Assets Chart

California Water Service Group 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 0.65 0.66 0.62 0.65 0.63

California Water Service Group 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 0.59 0.60 0.58 0.59 0.59

CWT vs HTO, AWR, MSEX: Scaled Net Operating Assets Comparison

For the Utilities - Regulated Water subindustry, California Water Service 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.


California Water Service Group Scaled Net Operating Assets vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, California Water Service Group's Scaled Net Operating Assets distribution charts can be found below:

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


CWT
80GF Score
California Water Service Group CWT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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California Water Service 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.

California Water Service Group'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 )
=(5619.345-2373.739)/5180.283
=0.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5671.165 - 51.82
=5619.345

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3979.19 - 1471.968 - 133.483
=2373.739

California Water Service Group'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 )
=(5721.647-2393.782)/5671.165
=0.59

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5779.749 - 58.102
=5721.647

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4096.637 - 1472.034 - 230.821
=2393.782

* 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 0.59 mean?
California Water Service Group (CWT) has a Scaled Net Operating Assets of 0.59 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 California Water Service Group and its competitors.
Is California Water Service Group's Scaled Net Operating Assets too high?
California Water Service Group's current Scaled Net Operating Assets is 0.59. Overall, California Water Service Group has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does California Water Service Group's Scaled Net Operating Assets compare to HTO and AWR?
California Water Service Group's Scaled Net Operating Assets of 0.59 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated 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 California Water Service Group and its competitors. California Water Service Group's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Water Service Group stock overvalued right now?
Based on GuruFocus' analysis, California Water Service Group (CWT) is currently considered Fairly Valued. The stock's GF Value™ is $50.86, compared to a current price of $49.08 — trading 3.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.59. California Water Service Group's overall GF Score™ is 80/100 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 California Water Service Group (CWT), the current Scaled Net Operating Assets is 0.59 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 California Water Service Group (CWT) Overvalued in 2026?

Based on GuruFocus' analysis, California Water Service Group stock appears to be undervalued. The current stock price of $49.08 is trading 3.5% below its estimated GF Value™ of $50.86. GuruFocus considers California Water Service Group to be Fairly Valued.

Key valuation signals for CWT:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: $50.86 vs. price of $49.08 (3.5% below fair value)
  • GF Score™: 80/100 with 7 warning signs

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


California Water Service Group Business Description

Other Exchanges WT5:Germany
Address 1720 North First Street, San Jose, CA, USA, 95112
California Water Service Group is a U.S. water and utilities holding company based in California. The company provides water utility and other related services in California, Washington, New Mexico, Hawaii and Texas through its wholly-owned subsidiaries. The bulk of the company's business consists of the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, and the provision of water for domestic and municipal fire protection services.
80GF Score

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$49.08
Price
$50.86
GF Value