Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Tsogo Sun's operating assets for the quarter that ended in Mar. 2026 was R14,225 Mil. Tsogo Sun's operating liabilities for the quarter that ended in Mar. 2026 was R2,327 Mil. Tsogo Sun's Total Assets for the quarter that ended in Sep. 2025 was R15,292 Mil. Therefore, Tsogo Sun's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.
Tsogo Sun Scaled Net Operating Assets Related Terms
Tsogo Sun Scaled Net Operating Assets Historical Data
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The historical data trend for Tsogo Sun'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:TSG vs LVS, MGM, WYNN: Scaled Net Operating Assets Comparison
For the Resorts & Casinos subindustry, Tsogo Sun'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.
Tsogo Sun Scaled Net Operating Assets vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tsogo Sun's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Tsogo Sun'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 0.78 mean?
Tsogo Sun (JSE:TSG) has a Scaled Net Operating Assets of 0.78 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 Tsogo Sun and its competitors.
Is Tsogo Sun's Scaled Net Operating Assets too high?
Tsogo Sun's current Scaled Net Operating Assets is 0.78. Overall, Tsogo Sun has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsogo Sun's Scaled Net Operating Assets compare to LVS and MGM?
Tsogo Sun's Scaled Net Operating Assets of 0.78 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 Tsogo Sun and its competitors. Tsogo Sun's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsogo Sun stock overvalued right now?
Based on GuruFocus' analysis, Tsogo Sun (JSE:TSG) is currently considered Modestly Undervalued. The stock's GF Value™ is R10.61, compared to a current price of R7.90 — trading 25.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.78. Tsogo Sun's overall GF Score™ is 83/100 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 Tsogo Sun (JSE:TSG), the current Scaled Net Operating Assets is 0.78 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 Tsogo Sun (JSE:TSG) Overvalued in 2026?
Based on GuruFocus' analysis, Tsogo Sun stock appears to be undervalued.
The current stock price of R7.90 is trading 25.5% below its estimated GF Value™ of R10.61.
GuruFocus considers Tsogo Sun to be Modestly Undervalued.
Key valuation signals for JSE:TSG:
Scaled Net Operating Assets: 0.78
GF Value™: R10.61 vs. price of R7.90 (25.5% below fair value)
No single metric tells the full story. See the JSE:TSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tsogo Sun Ltd is engaged principally in the gaming, entertainment, and hospitality industry operating in South Africa. It owns and operates casino and entertainment destinations in South Africa, hotels, Galaxy Bingo sites, VSlots limited payout machines, playTSOGO, Bet.co.za, a Theme Park, theatres, cinemas, restaurants, bars, and conference facilities. The company's operating segments are; Casinos, LPMs, Other gaming and betting, and Corporate. Maximum revenue for the company is derived from its Casinos segment.
83GF Score
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