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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
SG Group Holdings's operating assets for the quarter that ended in Apr. 2026 was HK$73.9 Mil. SG Group Holdings's operating liabilities for the quarter that ended in Apr. 2026 was HK$24.1 Mil. SG Group Holdings's Total Assets for the quarter that ended in Oct. 2025 was HK$98.3 Mil. Therefore, SG Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.51.
SG Group Holdings Scaled Net Operating Assets Related Terms
SG Group Holdings Scaled Net Operating Assets Historical Data
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The historical data trend for SG Group 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.
SG Group Holdings Scaled Net Operating Assets Chart
HKSE:01657 vs TJX, ROST, BURL: Scaled Net Operating Assets Comparison
For the Apparel Retail subindustry, SG Group 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.
SG Group Holdings Scaled Net Operating Assets vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, SG Group Holdings's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where SG Group Holdings's Scaled Net Operating Assets falls into.
* 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 0.51 mean?
SG Group Holdings (HKSE:01657) has a Scaled Net Operating Assets of 0.51 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 SG Group Holdings and its competitors.
Is SG Group Holdings' Scaled Net Operating Assets too high?
SG Group Holdings' current Scaled Net Operating Assets is 0.51. Overall, SG Group Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SG Group Holdings' Scaled Net Operating Assets compare to TJX and ROST?
SG Group Holdings' Scaled Net Operating Assets of 0.51 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 SG Group Holdings and its competitors. SG Group Holdings's current Scaled Net Operating Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SG Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, SG Group Holdings (HKSE:01657) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$10.93, compared to a current price of HK$49.50 — trading 352.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.51. SG Group Holdings' overall GF Score™ is 55/100. 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 SG Group Holdings (HKSE:01657), the current Scaled Net Operating Assets is 0.51 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 SG Group Holdings (HKSE:01657) Overvalued in 2026?
Based on GuruFocus' analysis, SG Group Holdings stock appears to be overvalued.
The current stock price of HK$49.50 is trading 352.9% above its estimated GF Value™ of HK$10.93.
GuruFocus considers SG Group Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01657:
Scaled Net Operating Assets: 0.51
GF Value™: HK$10.93 vs. price of HK$49.50 (352.9% above fair value)
No single metric tells the full story. See the HKSE:01657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SG Group Holdings Ltd is an investment holding company. The company's operating segment includes the Supply of Apparel Products Traditional, the Supply of Apparel Products New Retail, and the Provision of institutional catering. It generates maximum revenue from the Supply of Apparel Products segment, which is engaged in the supply of apparel products with designing and sourcing services to fashion retailers. The company earns maximum revenue from the sale of Womenswear, Childrenswear, and Menswear products. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in the PRC, Germany, the United States of America, Hong Kong, Ireland, Canada, and other countries.
55GF 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.
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