Frontier Transport Holdings (JSE:FTH) Scaled Net Operating Assets: 0.60 (As of Mar. 2026)


JSE:FTH Frontier Transport Holdings Ltd JSE:FTH
77 GF Score
Price R6.20
GF Value R6.73
Valuation Fairly Valued
! 4 Warning Signs
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What is Frontier Transport Holdings Scaled Net Operating Assets?

Frontier Transport Holdings JSE:FTH 77 Scaled Net Operating Assets is 0.60 as of Mar. 2026. GuruFocus rates JSE:FTH with a GF Score™ of 77/100 and a GF Value™ of R6.73 (Fairly Valued). The stock has 4 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.

Frontier Transport Holdings's operating assets for the quarter that ended in Mar. 2026 was R2,608 Mil. Frontier Transport Holdings's operating liabilities for the quarter that ended in Mar. 2026 was R745 Mil. Frontier Transport Holdings's Total Assets for the quarter that ended in Sep. 2025 was R3,097 Mil. Therefore, Frontier Transport Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.60.


Frontier Transport Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Frontier Transport 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.

Frontier Transport Holdings Scaled Net Operating Assets Chart

Frontier Transport 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 0.46 0.45 0.49 0.66 0.67

Frontier Transport Holdings Semi-Annual Data
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 0.46 0.58 0.60 0.66 0.60

JSE:FTH vs UNP, CSX, NSC: Scaled Net Operating Assets Comparison

For the Railroads subindustry, Frontier Transport 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.


Frontier Transport Holdings Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Frontier Transport Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


JSE:FTH
77GF Score
Frontier Transport Holdings Ltd JSE:FTH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Frontier Transport 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.

Frontier Transport 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 )
=(2608.352-744.822)/2779.998
=0.67

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3333.329 - 724.977
=2608.352

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1517.42 - 589.471 - 183.127
=744.822

Frontier Transport 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 )
=(2608.352-744.822)/3097.351
=0.60

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3333.329 - 724.977
=2608.352

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1517.42 - 589.471 - 183.127
=744.822

* 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 0.60 mean?
Frontier Transport Holdings (JSE:FTH) has a Scaled Net Operating Assets of 0.60 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 Frontier Transport Holdings and its competitors.
Is Frontier Transport Holdings' Scaled Net Operating Assets too high?
Frontier Transport Holdings' current Scaled Net Operating Assets is 0.60. Overall, Frontier Transport Holdings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frontier Transport Holdings' Scaled Net Operating Assets compare to UNP and CSX?
Frontier Transport Holdings' Scaled Net Operating Assets of 0.60 can be compared against companies in the Transportation 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 Transportation company?
A good Scaled Net Operating Assets depends on the Transportation 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 Frontier Transport Holdings and its competitors. Frontier Transport Holdings's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Transport Holdings stock overvalued right now?
Based on GuruFocus' analysis, Frontier Transport Holdings (JSE:FTH) is currently considered Fairly Valued. The stock's GF Value™ is R6.73, compared to a current price of R6.20 — trading 7.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.60. Frontier Transport Holdings' overall GF Score™ is 77/100 with 4 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 Frontier Transport Holdings (JSE:FTH), the current Scaled Net Operating Assets is 0.60 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 Frontier Transport Holdings (JSE:FTH) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier Transport Holdings stock appears to be undervalued. The current stock price of R6.20 is trading 7.9% below its estimated GF Value™ of R6.73. GuruFocus considers Frontier Transport Holdings to be Fairly Valued.

Key valuation signals for JSE:FTH:

  • Scaled Net Operating Assets: 0.60
  • GF Value™: R6.73 vs. price of R6.20 (7.9% below fair value)
  • GF Score™: 77/100 with 4 warning signs

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


Frontier Transport Holdings Business Description

Address 103 Bofors Circle, Epping Industria, Cape Town, WC, ZAF, 7460
Frontier Transport Holdings Ltd is an investment entity tailored to consolidate and expand opportunities in the mobility and logistics sectors. The company through its subsidiary provides a scheduled commuter bus operator in the Cape Metropole. The company provides services such as Public Transport, School & Private Tours, Luxury Coaches, Shuttle Services, and Parts & Spares Sales.
77GF 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.

R6.20
Price
R6.73
GF Value