GORV (Lazydays Holdings) Scaled Net Operating Assets: 0.52 (As of Sep. 2025)


GORV Lazydays Holdings Inc GORV
35 GF Score
Price $0.42
GF Value $15.30
! 6 Warning Signs
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What is Lazydays Holdings Scaled Net Operating Assets?

Lazydays Holdings GORV -45.31% 35 Scaled Net Operating Assets is 0.52 as of Sep. 2025. GuruFocus rates GORV with a GF Score™ of 35/100 and a GF Value™ of $15.30. 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.

Lazydays Holdings's operating assets for the quarter that ended in Sep. 2025 was $323.7 Mil. Lazydays Holdings's operating liabilities for the quarter that ended in Sep. 2025 was $101.3 Mil. Lazydays Holdings's Total Assets for the quarter that ended in Jun. 2025 was $429.1 Mil. Therefore, Lazydays Holdings's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.52.


Lazydays Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Lazydays 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.

Lazydays Holdings Scaled Net Operating Assets Chart

Lazydays Holdings Annual Data
Trend Nov15 Nov16 Nov17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.76 1.15 1.02 1.01 0.60

Lazydays Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.86 0.76 0.61 0.70 0.52

GORV vs AZI, CVNA, PAG: Scaled Net Operating Assets Comparison

For the Auto & Truck Dealerships subindustry, Lazydays 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.


Lazydays Holdings Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lazydays Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


GORV
35GF Score
Lazydays Holdings Inc GORV
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Lazydays 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.

Lazydays Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(651.128-91.946)/937.739
=0.60

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=675.83 - 24.702
=651.128

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=586.23 - 170.577 - 323.707
=91.946

Lazydays Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2025 )
=(Operating Assets (Q: Sep. 2025 )-Operating Liabilities (Q: Sep. 2025 ))/Total Assets (Q: Jun. 2025 )
=(323.67-101.33)/429.064
=0.52

where

Operating Assets(Q: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=333.171 - 9.501
=323.67

Operating Liabilities(Q: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=359.473 - 32.131 - 226.012
=101.33

* 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 0.52 mean?
Lazydays Holdings (GORV) has a Scaled Net Operating Assets of 0.52 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Lazydays Holdings and its competitors.
Is Lazydays Holdings' Scaled Net Operating Assets too high?
Lazydays Holdings' current Scaled Net Operating Assets is 0.52. Overall, Lazydays Holdings has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Lazydays Holdings' Scaled Net Operating Assets compare to AZI and CVNA?
Lazydays Holdings' Scaled Net Operating Assets of 0.52 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Lazydays Holdings and its competitors. Lazydays Holdings's current Scaled Net Operating Assets is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lazydays Holdings stock overvalued right now?
Lazydays Holdings (GORV) has a current Scaled Net Operating Assets of 0.52. The stock's GF Value™ is $15.30, compared to a current price of $0.42 — trading 97.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.52. Lazydays Holdings' overall GF Score™ is 35/100 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 Lazydays Holdings (GORV), the current Scaled Net Operating Assets is 0.52 as of Sep. 2025. 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 Lazydays Holdings (GORV) Overvalued in 2026?

Based on GuruFocus' analysis, Lazydays Holdings stock appears to be undervalued. The current stock price of $0.42 is trading 97.2% below its estimated GF Value™ of $15.30.

Key valuation signals for GORV:

  • Scaled Net Operating Assets: 0.52
  • GF Value™: $15.30 vs. price of $0.42 (97.2% below fair value)
  • GF Score™: 35/100 with 6 warning signs

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


Lazydays Holdings Business Description

Address 4042 Park Oaks Boulevard, Suite 350, Tampa, FL, USA, 33610
Lazydays Holdings Inc operates recreational vehicle dealerships. It provides products and services for RV owners and outdoor enthusiasts. The company generates revenue by providing a full spectrum of RV products: New and pre-owned RV sales, RV parts and services, financing and insurance products, third-party protection plans, after-market parts and accessories, and RV camping facilities.
35GF 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.

$0.42
Price
$15.30
GF Value