Tongaat Hulett (JSE:TON) Scaled Net Operating Assets: 0.56 (As of Sep. 2021)


JSE:TON Tongaat Hulett Ltd JSE:TON
11 GF Score
Price R4.04
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What is Tongaat Hulett Scaled Net Operating Assets?

Tongaat Hulett JSE:TON 11 Scaled Net Operating Assets is 0.56 as of Sep. 2021. GuruFocus rates JSE:TON with a GF Score™ of 11/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Tongaat Hulett's operating assets for the quarter that ended in Sep. 2021 was R15,936 Mil. Tongaat Hulett's operating liabilities for the quarter that ended in Sep. 2021 was R8,525 Mil. Tongaat Hulett's Total Assets for the quarter that ended in Mar. 2021 was R13,276 Mil. Therefore, Tongaat Hulett's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2021 was 0.56.


Tongaat Hulett Scaled Net Operating Assets Historical Data

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The historical data trend for Tongaat Hulett'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.

Tongaat Hulett Scaled Net Operating Assets Chart

Tongaat Hulett Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.48 0.40 0.72 0.39

Tongaat Hulett Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21
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 0.58 0.65 0.50 0.39 0.56

JSE:TON vs MDLZ, HSY, TR: Scaled Net Operating Assets Comparison

For the Confectioners subindustry, Tongaat Hulett'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.


Tongaat Hulett Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongaat Hulett's Scaled Net Operating Assets distribution charts can be found below:

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


JSE:TON
11GF Score
Tongaat Hulett Ltd JSE:TON
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongaat Hulett 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.

Tongaat Hulett's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2021 )
=(Operating Assets (A: Mar. 2021 )-Operating Liabilities (A: Mar. 2021 ))/Total Assets (A: Mar. 2020 )
=(12824-5739)/18148
=0.39

where

Operating Assets(A: Mar. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13276 - 452
=12824

Operating Liabilities(A: Mar. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13330 - 426 - 7165
=5739

Tongaat Hulett's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2021 )
=(Operating Assets (Q: Sep. 2021 )-Operating Liabilities (Q: Sep. 2021 ))/Total Assets (Q: Mar. 2021 )
=(15936-8525)/13276
=0.56

where

Operating Assets(Q: Sep. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16535 - 599
=15936

Operating Liabilities(Q: Sep. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15830 - 453 - 6852
=8525

* 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 0.56 mean?
Tongaat Hulett (JSE:TON) has a Scaled Net Operating Assets of 0.56 as of Sep. 2021. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Tongaat Hulett and its competitors.
Is Tongaat Hulett's Scaled Net Operating Assets too high?
Tongaat Hulett's current Scaled Net Operating Assets is 0.56. Overall, Tongaat Hulett has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Tongaat Hulett's Scaled Net Operating Assets compare to MDLZ and HSY?
Tongaat Hulett's Scaled Net Operating Assets of 0.56 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Tongaat Hulett and its competitors. Tongaat Hulett's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongaat Hulett stock overvalued right now?
Tongaat Hulett (JSE:TON) has a current Scaled Net Operating Assets of 0.56. The current Scaled Net Operating Assets is 0.56. Tongaat Hulett's overall GF Score™ is 11/100. 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 Tongaat Hulett (JSE:TON), the current Scaled Net Operating Assets is 0.56 as of Sep. 2021. 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.

Tongaat Hulett Business Description

Address Amanzimnyama Hill Road, P O Box 3, Tongaat, NL, ZAF, 4400
Tongaat Hulett Ltd produces sugar and glucose in Africa. It procures its raw materials both from land it owns and from private farmers. Tongaat sells its products to customers in the foodservice industry and to consumers as branded products. Raw sugar sales make up most of the company's revenue. Its biggest markets are South Africa, Zimbabwe, and Mozambique. The company also earns revenue by converting and developing land that it owns and has used for agricultural purposes. Additionally, the by-products from its manufacturing processes create renewable energy, which the company uses to supply electricity to the grid in some instances.
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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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