Trustco Group Holdings (JSE:TTO) Scaled Net Operating Assets: 0.53 (As of Feb. 2024)


JSE:TTO Trustco Group Holdings Ltd JSE:TTO
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What is Trustco Group Holdings Scaled Net Operating Assets?

Trustco Group Holdings JSE:TTO 11 Scaled Net Operating Assets is 0.53 as of Feb. 2024. GuruFocus rates JSE:TTO 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.

Trustco Group Holdings's operating assets for the quarter that ended in Feb. 2024 was R3,896.99 Mil. Trustco Group Holdings's operating liabilities for the quarter that ended in Feb. 2024 was R1,868.06 Mil. Trustco Group Holdings's Total Assets for the quarter that ended in Aug. 2023 was R3,848.73 Mil. Therefore, Trustco Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.53.

Trustco Group Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for Trustco Group 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.

Trustco Group Holdings Scaled Net Operating Assets Chart

Trustco Group Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Aug22 Aug23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.77 0.82 0.41 0.47

Trustco Group Holdings Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Feb22 Aug22 Feb23 Aug23 Feb24
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 1.27 0.30 0.55 0.48 0.53

JSE:TTO vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Trustco Group 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.

Trustco Group Holdings Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Trustco Group Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


JSE:TTO
11GF Score
Trustco Group Holdings Ltd JSE:TTO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Trustco Group 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.

Trustco Group Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(3837.665-1792.653)/4363.497
=0.47

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3848.725 - 11.06
=3837.665

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2689.483 - 220.186 - 676.644
=1792.653

Trustco Group Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Aug. 2023 )
=(3896.985-1868.059)/3848.725
=0.53

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3914.077 - 17.092
=3896.985

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2644.239 - 776.18 - 0
=1868.059

* 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 0.53 mean?
Trustco Group Holdings (JSE:TTO) has a Scaled Net Operating Assets of 0.53 as of Feb. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Trustco Group Holdings and its competitors.
Is Trustco Group Holdings' Scaled Net Operating Assets too high?
Trustco Group Holdings' current Scaled Net Operating Assets is 0.53. Overall, Trustco Group Holdings has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Trustco Group Holdings' Scaled Net Operating Assets compare to BLK and BX?
Trustco Group Holdings' Scaled Net Operating Assets of 0.53 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Trustco Group Holdings and its competitors. Trustco Group Holdings's current Scaled Net Operating Assets is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trustco Group Holdings stock overvalued right now?
Trustco Group Holdings (JSE:TTO) has a current Scaled Net Operating Assets of 0.53. The current Scaled Net Operating Assets is 0.53. Trustco Group Holdings' 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 Trustco Group Holdings (JSE:TTO), the current Scaled Net Operating Assets is 0.53 as of Feb. 2024. 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.

Trustco Group Holdings Business Description

Address 2 Keller Street, Eros, P.O. Box 11363, Windhoek, NAM
Trustco Group Holdings Ltd engages in the provision of financial services. The company's operating segment includes Financial Services and Resources. The Financial Services portfolio earns income from insurance premiums, property sales, rental income, investment property activities, banking and finance activities, interest, fees, and commissions from customers, and tuition income. The Resources portfolio conducts mining operations in Namibia and Sierra Leone. The company earns maximum revenue through Micro-Finance.
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