Cashbuild (JSE:CSB) Scaled Net Operating Assets: 0.22 (As of Dec. 2025)


JSE:CSB Cashbuild Ltd JSE:CSB
75 GF Score
Price R116.00
GF Value R182.42
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Cashbuild Scaled Net Operating Assets?

Cashbuild JSE:CSB +0.87% 75 Scaled Net Operating Assets is 0.22 as of Dec. 2025. GuruFocus rates JSE:CSB with a GF Score™ of 75/100 and a GF Value™ of R182.42 (Significantly Undervalued). The stock has 3 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.

Cashbuild's operating assets for the quarter that ended in Dec. 2025 was R5,186 Mil. Cashbuild's operating liabilities for the quarter that ended in Dec. 2025 was R3,743 Mil. Cashbuild's Total Assets for the quarter that ended in Jun. 2025 was R6,607 Mil. Therefore, Cashbuild's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.22.


Cashbuild Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Cashbuild'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.

Cashbuild Scaled Net Operating Assets Chart

Cashbuild Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.28 0.30 0.38 0.24

Cashbuild Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.30 0.37 0.26 0.20 0.22

JSE:CSB vs HD, LOW, FND: Scaled Net Operating Assets Comparison

For the Home Improvement Retail subindustry, Cashbuild'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.


Cashbuild Scaled Net Operating Assets vs Retail - Cyclical Industry

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

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


JSE:CSB
75GF Score
Cashbuild Ltd JSE:CSB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cashbuild 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.

Cashbuild's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(4658.263-3302.271)/5594.273
=0.24

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6606.849 - 1948.586
=4658.263

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4709.22 - 1094.606 - 312.343
=3302.271

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

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(5186.142-3743.239)/6606.849
=0.22

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7249.395 - 2063.253
=5186.142

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5343.853 - 1265.422 - 335.192
=3743.239

* 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 0.22 mean?
Cashbuild (JSE:CSB) has a Scaled Net Operating Assets of 0.22 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Cashbuild and its competitors.
Is Cashbuild's Scaled Net Operating Assets too high?
Cashbuild's current Scaled Net Operating Assets is 0.22. Overall, Cashbuild has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cashbuild's Scaled Net Operating Assets compare to HD and LOW?
Cashbuild's Scaled Net Operating Assets of 0.22 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 Cashbuild and its competitors. Cashbuild's current Scaled Net Operating Assets is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cashbuild stock overvalued right now?
Based on GuruFocus' analysis, Cashbuild (JSE:CSB) is currently considered Significantly Undervalued. The stock's GF Value™ is R182.42, compared to a current price of R116.00 — trading 36.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.22. Cashbuild's overall GF Score™ is 75/100 with 3 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 Cashbuild (JSE:CSB), the current Scaled Net Operating Assets is 0.22 as of Dec. 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 Cashbuild (JSE:CSB) Overvalued in 2026?

Based on GuruFocus' analysis, Cashbuild stock appears to be undervalued. The current stock price of R116.00 is trading 36.4% below its estimated GF Value™ of R182.42. GuruFocus considers Cashbuild to be Significantly Undervalued.

Key valuation signals for JSE:CSB:

  • Scaled Net Operating Assets: 0.22
  • GF Value™: R182.42 vs. price of R116.00 (36.4% below fair value)
  • GF Score™: 75/100 with 3 warning signs

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


Cashbuild Business Description

Address 2 Handel Road, Ormonde, Johannesburg, GT, ZAF, 2001
Cashbuild Ltd is a South Africa-based retailer of building materials and related products. The Group's reportable segments include Cashbuild (South Africa), P&L Hardware (South Africa), Cashbuild common monetary operations (Eswatini, Lesotho, Namibia), and non-common monetary operations (Botswana, Malawi, Zambia). Its stores operate across towns, townships, rural areas, and metropolitan locations. Products include cement, roofing, timber, bricks, decorative items, plumbing, hardware, ceilings, electrical goods, and tools, with a portion being cement-related. Customers range from homebuilders, contractors, farmers, and traders to construction companies and government-linked developers. The Cashbuild (South Africa) segment generates the majority of the Group's revenue.
75GF 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.

R116.00
Price
R182.42
GF Value