Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
enX Group's operating assets for the quarter that ended in Feb. 2026 was R1,230.3 Mil. enX Group's operating liabilities for the quarter that ended in Feb. 2026 was R551.9 Mil. enX Group's Total Assets for the quarter that ended in Aug. 2025 was R1,554.2 Mil. Therefore, enX Group's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.44.
enX Group Scaled Net Operating Assets Related Terms
enX Group Scaled Net Operating Assets Historical Data
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The historical data trend for enX Group'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.
JSE:ENX vs GEV, ETN, PH: Scaled Net Operating Assets Comparison
For the Specialty Industrial Machinery subindustry, enX Group'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.
enX Group Scaled Net Operating Assets vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, enX Group's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where enX Group'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 0.44 mean?
enX Group (JSE:ENX) has a Scaled Net Operating Assets of 0.44 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on enX Group and its competitors.
Is enX Group's Scaled Net Operating Assets too high?
enX Group's current Scaled Net Operating Assets is 0.44. Overall, enX Group has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does enX Group's Scaled Net Operating Assets compare to GEV and ETN?
enX Group's Scaled Net Operating Assets of 0.44 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 enX Group and its competitors. enX Group's current Scaled Net Operating Assets is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is enX Group stock overvalued right now?
Based on GuruFocus' analysis, enX Group (JSE:ENX) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.68, compared to a current price of R2.06 — trading 202.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.44. enX Group's overall GF Score™ is 41/100 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 enX Group (JSE:ENX), the current Scaled Net Operating Assets is 0.44 as of Feb. 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 enX Group (JSE:ENX) Overvalued in 2026?
Based on GuruFocus' analysis, enX Group stock appears to be overvalued.
The current stock price of R2.06 is trading 202.9% above its estimated GF Value™ of R0.68.
GuruFocus considers enX Group to be Significantly Overvalued.
Key valuation signals for JSE:ENX:
Scaled Net Operating Assets: 0.44
GF Value™: R0.68 vs. price of R2.06 (202.9% above fair value)
No single metric tells the full story. See the JSE:ENX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
enX Group Ltd is engaged in the manufacture and distribution of quality branded power equipment and the distribution of chemical products. The Company operates through the enX Power (Power) segment, which includes New Way Power, and designs, manufactures, installs, rents and maintains diesel generators, and distributes a range of industrial engines. It also offers cleaner power through solar hybrid and grid alternatives. The Company operates mainly in South Africa.
41GF Score
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