Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Trellidor Holdings's operating assets for the quarter that ended in Dec. 2025 was R244.6 Mil. Trellidor Holdings's operating liabilities for the quarter that ended in Dec. 2025 was R79.7 Mil. Trellidor Holdings's Total Assets for the quarter that ended in Jun. 2025 was R356.5 Mil. Therefore, Trellidor Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.46.
Trellidor Holdings Scaled Net Operating Assets Related Terms
Trellidor Holdings Scaled Net Operating Assets Historical Data
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The historical data trend for Trellidor 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.
Trellidor Holdings Scaled Net Operating Assets Chart
JSE:TRL vs ALLE, MSA, ADT: Scaled Net Operating Assets Comparison
For the Security & Protection Services subindustry, Trellidor 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.
Trellidor Holdings Scaled Net Operating Assets vs Business Services Industry
For the Business Services industry and Industrials sector, Trellidor Holdings's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Trellidor Holdings'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 0.46 mean?
Trellidor Holdings (JSE:TRL) has a Scaled Net Operating Assets of 0.46 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 Trellidor Holdings and its competitors.
Is Trellidor Holdings' Scaled Net Operating Assets too high?
Trellidor Holdings' current Scaled Net Operating Assets is 0.46. Overall, Trellidor 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 Trellidor Holdings' Scaled Net Operating Assets compare to ALLE and MSA?
Trellidor Holdings' Scaled Net Operating Assets of 0.46 can be compared against companies in the Business 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business 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 Trellidor Holdings and its competitors. Trellidor Holdings's current Scaled Net Operating Assets is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trellidor Holdings stock overvalued right now?
Based on GuruFocus' analysis, Trellidor Holdings (JSE:TRL) is currently considered Modestly Undervalued. The stock's GF Value™ is R1.44, compared to a current price of R1.29 — trading 10.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.46. Trellidor 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 Trellidor Holdings (JSE:TRL), the current Scaled Net Operating Assets is 0.46 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 Trellidor Holdings (JSE:TRL) Overvalued in 2026?
Based on GuruFocus' analysis, Trellidor Holdings stock appears to be undervalued.
The current stock price of R1.29 is trading 10.4% below its estimated GF Value™ of R1.44.
GuruFocus considers Trellidor Holdings to be Modestly Undervalued.
Key valuation signals for JSE:TRL:
Scaled Net Operating Assets: 0.46
GF Value™: R1.44 vs. price of R1.29 (10.4% below fair value)
No single metric tells the full story. See the JSE:TRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trellidor Holdings Ltd operates in the security and protection services industry. The group operating segments include Trellidor; and Holdings. Its Trellidor segment is engaged in the manufacture and distribution of custom-made barrier security products. Holdings is engaged in Management of the group treasury function and receives management fee income. It generates maximum revenue from the Trellidor segment. Geographically, it derives a majority of its revenue from South Africa, and also has its presence in Rest of Africa and Rest of the world.
68GF Score
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