FNEVF (Fraser and Neave) Scaled Net Operating Assets: 0.88 (As of Mar. 2026)


FNEVF Fraser and Neave Ltd FNEVF
52 GF Score
Price $1.14
GF Value $0.92
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Fraser and Neave Scaled Net Operating Assets?

Fraser and Neave FNEVF 52 Scaled Net Operating Assets is 0.88 as of Mar. 2026. GuruFocus rates FNEVF with a GF Score™ of 52/100 and a GF Value™ of $0.92 (Modestly Overvalued). The stock has 8 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.

Fraser and Neave's operating assets for the quarter that ended in Mar. 2026 was $3,954 Mil. Fraser and Neave's operating liabilities for the quarter that ended in Mar. 2026 was $490 Mil. Fraser and Neave's Total Assets for the quarter that ended in Sep. 2025 was $3,918 Mil. Therefore, Fraser and Neave's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.88.


Fraser and Neave Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Fraser and Neave'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.

Fraser and Neave Scaled Net Operating Assets Chart

Fraser and Neave Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.81 0.86 0.83 0.79

Fraser and Neave 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 0.81 0.82 0.77 0.81 0.88

FNEVF vs KHC, GIS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Fraser and Neave'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.


Fraser and Neave Scaled Net Operating Assets vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Fraser and Neave's Scaled Net Operating Assets falls into.


FNEVF
52GF Score
Fraser and Neave Ltd FNEVF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fraser and Neave 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.

Fraser and Neave's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(3635.521-457.633)/4015.14
=0.79

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3918.463 - 282.942
=3635.521

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1333.859 - 597.23 - 278.996
=457.633

Fraser and Neave'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 )
=(3953.748-490.206)/3918.463
=0.88

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4215.284 - 261.536
=3953.748

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1583.024 - 849.379 - 243.439
=490.206

* 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 0.88 mean?
Fraser and Neave (FNEVF) has a Scaled Net Operating Assets of 0.88 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 Fraser and Neave and its competitors.
Is Fraser and Neave's Scaled Net Operating Assets too high?
Fraser and Neave's current Scaled Net Operating Assets is 0.88. Overall, Fraser and Neave has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fraser and Neave's Scaled Net Operating Assets compare to KHC and GIS?
Fraser and Neave's Scaled Net Operating Assets of 0.88 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 Fraser and Neave and its competitors. Fraser and Neave's current Scaled Net Operating Assets is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fraser and Neave stock overvalued right now?
Based on GuruFocus' analysis, Fraser and Neave (FNEVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.92, compared to a current price of $1.14 — trading 23.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.88. Fraser and Neave's overall GF Score™ is 52/100 with 8 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 Fraser and Neave (FNEVF), the current Scaled Net Operating Assets is 0.88 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 Fraser and Neave (FNEVF) Overvalued in 2026?

Based on GuruFocus' analysis, Fraser and Neave stock appears to be overvalued. The current stock price of $1.14 is trading 23.9% above its estimated GF Value™ of $0.92. GuruFocus considers Fraser and Neave to be Modestly Overvalued.

Key valuation signals for FNEVF:

  • Scaled Net Operating Assets: 0.88
  • GF Value™: $0.92 vs. price of $1.14 (23.9% above fair value)
  • GF Score™: 52/100 with 8 warning signs

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


Fraser and Neave Business Description

Other Exchanges F99:Singapore
Address 438 Alexandra Road, Number 20-00 Alexandra Point, Singapore, SGP, 119958
Fraser and Neave Ltd is a Singapore-based company that operates through four segments: dairies, beverages, publishing and printing industries, and others. The dairy segment generates the majority of total revenue by manufacturing, marketing, and selling dairy products. The beverages segment is the next contributor to total revenue through the production and selling of soft drinks and alcoholic beverages. The publishing and printing business operates through a network of offices, printing plants, and distributors. The company mainly operates in Singapore, Malaysia, and Thailand.
52GF Score

Get the complete analysis for FNEVF

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

$1.14
Price
$0.92
GF Value