Alexander Forbes Group Holdings (JSE:AFH) Scaled Net Operating Assets: 0.00 (As of Mar. 2026)


JSE:AFH Alexander Forbes Group Holdings Ltd JSE:AFH
68 GF Score
Price R7.75
GF Value R8.62
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Alexander Forbes Group Holdings Scaled Net Operating Assets?

Alexander Forbes Group Holdings JSE:AFH +3.33% 68 Scaled Net Operating Assets is 0.00 as of Mar. 2026. GuruFocus rates JSE:AFH with a GF Score™ of 68/100 and a GF Value™ of R8.62 (Modestly Undervalued). The stock has 5 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.

Alexander Forbes Group Holdings's operating assets for the quarter that ended in Mar. 2026 was R564,279 Mil. Alexander Forbes Group Holdings's operating liabilities for the quarter that ended in Mar. 2026 was R563,085 Mil. Alexander Forbes Group Holdings's Total Assets for the quarter that ended in Sep. 2025 was R543,564 Mil. Therefore, Alexander Forbes Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.00.


Alexander Forbes Group Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for Alexander Forbes 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.

Alexander Forbes Group Holdings Scaled Net Operating Assets Chart

Alexander Forbes Group Holdings 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 -0.01 -0.01 -0.01 -0.01 0.00

Alexander Forbes Group Holdings 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 -0.01 0.01 -0.01 0.00 0.00

JSE:AFH vs VOYA, FRHC: Scaled Net Operating Assets Comparison

For the Financial Conglomerates subindustry, Alexander Forbes 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.


Alexander Forbes Group Holdings Scaled Net Operating Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alexander Forbes Group Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


JSE:AFH
68GF Score
Alexander Forbes Group Holdings Ltd JSE:AFH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Alexander Forbes Group 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.

Alexander Forbes Group Holdings'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 )
=(564279-563085)/469557
=0.00

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=567786 - 3507
=564279

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=563865 - 549 - 231
=563085

Alexander Forbes Group Holdings'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 )
=(564279-563085)/543564
=0.00

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=567786 - 3507
=564279

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=563865 - 549 - 231
=563085

* 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 0.00 mean?
Alexander Forbes Group Holdings (JSE:AFH) has a Scaled Net Operating Assets of 0.00 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 Alexander Forbes Group Holdings and its competitors.
Is Alexander Forbes Group Holdings' Scaled Net Operating Assets too high?
Alexander Forbes Group Holdings' current Scaled Net Operating Assets is 0.00. Overall, Alexander Forbes Group Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Forbes Group Holdings' Scaled Net Operating Assets compare to VOYA and FRHC?
Alexander Forbes Group Holdings' Scaled Net Operating Assets of 0.00 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Scaled Net Operating Assets depends on the Diversified Financial Services 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 Alexander Forbes Group Holdings and its competitors. Alexander Forbes Group Holdings's current Scaled Net Operating Assets is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Forbes Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings (JSE:AFH) is currently considered Modestly Undervalued. The stock's GF Value™ is R8.62, compared to a current price of R7.75 — trading 10.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.00. Alexander Forbes Group Holdings' overall GF Score™ is 68/100 with 5 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 Alexander Forbes Group Holdings (JSE:AFH), the current Scaled Net Operating Assets is 0.00 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 Alexander Forbes Group Holdings (JSE:AFH) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander Forbes Group Holdings stock appears to be undervalued. The current stock price of R7.75 is trading 10.1% below its estimated GF Value™ of R8.62. GuruFocus considers Alexander Forbes Group Holdings to be Modestly Undervalued.

Key valuation signals for JSE:AFH:

  • Scaled Net Operating Assets: 0.00
  • GF Value™: R8.62 vs. price of R7.75 (10.1% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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


Alexander Forbes Group Holdings Business Description

Address 115 West Street, Sandown, Johannesburg, GT, ZAF, 2196
Alexander Forbes Group Holdings Ltd is a South Africa-based diversified financial services company. The company operates through seven segments: Retirement consulting, Healthcare consulting, Investments, Individual consulting, Multinational consulting, Solutions & Enablement, and Client Services & Business Optimization. Its services include Retirement consulting, Investments, Healthcare, Preservation funds, and Others. The company also offers online services.
68GF Score

Get the complete analysis for JSE:AFH

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

R7.75
Price
R8.62
GF Value