FHNGY (Foschini Group) Scaled Net Operating Assets: 0.80 (As of Mar. 2026)


FHNGY Foschini Group Ltd FHNGY
70 GF Score
Price $3.91
GF Value $8.01
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Foschini Group Scaled Net Operating Assets?

Foschini Group FHNGY 70 Scaled Net Operating Assets is 0.80 as of Mar. 2026. GuruFocus rates FHNGY with a GF Score™ of 70/100 and a GF Value™ of $8.01 (Significantly Undervalued). The stock has 2 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.

Foschini Group's operating assets for the quarter that ended in Mar. 2026 was $3,408 Mil. Foschini Group's operating liabilities for the quarter that ended in Mar. 2026 was $610 Mil. Foschini Group's Total Assets for the quarter that ended in Sep. 2025 was $3,514 Mil. Therefore, Foschini Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.80.


Foschini Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Foschini 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.

Foschini Group Scaled Net Operating Assets Chart

Foschini Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.75 0.75 0.87 0.86

Foschini Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.79 0.87 0.80 0.86 0.80

FHNGY vs DDS, M: Scaled Net Operating Assets Comparison

For the Department Stores subindustry, Foschini 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.


Foschini Group Scaled Net Operating Assets vs Retail - Cyclical Industry

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

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


FHNGY
70GF Score
Foschini Group Ltd FHNGY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Foschini 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.

Foschini Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(3408.361-610.111)/3266.826
=0.86

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3594.457 - 186.096
=3408.361

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2107.419 - 1017.589 - 479.719
=610.111

Foschini 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: Sep. 2025 )
=(3408.361-610.111)/3513.934
=0.80

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3594.457 - 186.096
=3408.361

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2107.419 - 1017.589 - 479.719
=610.111

* 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 0.80 mean?
Foschini Group (FHNGY) has a Scaled Net Operating Assets of 0.80 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 Foschini Group and its competitors.
Is Foschini Group's Scaled Net Operating Assets too high?
Foschini Group's current Scaled Net Operating Assets is 0.80. Overall, Foschini Group has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Foschini Group's Scaled Net Operating Assets compare to DDS and M?
Foschini Group's Scaled Net Operating Assets of 0.80 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 Foschini Group and its competitors. Foschini Group's current Scaled Net Operating Assets is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foschini Group stock overvalued right now?
Based on GuruFocus' analysis, Foschini Group (FHNGY) is currently considered Significantly Undervalued. The stock's GF Value™ is $8.01, compared to a current price of $3.91 — trading 51.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.80. Foschini Group's overall GF Score™ is 70/100 with 2 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 Foschini Group (FHNGY), the current Scaled Net Operating Assets is 0.80 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 Foschini Group (FHNGY) Overvalued in 2026?

Based on GuruFocus' analysis, Foschini Group stock appears to be undervalued. The current stock price of $3.91 is trading 51.2% below its estimated GF Value™ of $8.01. GuruFocus considers Foschini Group to be Significantly Undervalued.

Key valuation signals for FHNGY:

  • Scaled Net Operating Assets: 0.80
  • GF Value™: $8.01 vs. price of $3.91 (51.2% below fair value)
  • GF Score™: 70/100 with 2 warning signs

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


Foschini Group Business Description

Address 340 Voortrekker Road, Stanley Lewis Centre, Parow East, Cape Town, WC, ZAF, 7500
Foschini Group Ltd is a South African fashion retailer. The company mainly offers apparels, footwear, accessories, cosmetics and fragrances, kidswear, homewares, sportswear, cellular, jewelry, and other value added services in South Africa. The Foschini Group is a diverse group with a portfolio of thirty-four fashion and lifestyle retail brands portfolio includes multiple brands such as Home, American Swiss, homelivingspace, bash, The bedstore, Connor, Colette, Duesouth, Exact, Fabiani, Foschini, hi, Markham, Whistles, and Others. The Group operates through TFG Africa retail segment, TFG London, TFG Australia, and TFG Africa Credit segments. It earns the majority of its revenue from the TFG Africa retail segment.
70GF Score

Get the complete analysis for FHNGY

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

$3.91
Price
$8.01
GF Value