We Buy Cars Holding (JSE:WBC) Scaled Net Operating Assets: 1.06 (As of Mar. 2026)


JSE:WBC We Buy Cars Holding Ltd JSE:WBC
18 GF Score
Price R34.65
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What is We Buy Cars Holding Scaled Net Operating Assets?

We Buy Cars Holding JSE:WBC +0.73% 18 Scaled Net Operating Assets is 1.06 as of Mar. 2026. GuruFocus rates JSE:WBC with a GF Score™ of 18/100.

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

We Buy Cars Holding's operating assets for the quarter that ended in Mar. 2026 was R6,217 Mil. We Buy Cars Holding's operating liabilities for the quarter that ended in Mar. 2026 was R560 Mil. We Buy Cars Holding's Total Assets for the quarter that ended in Sep. 2025 was R5,353 Mil. Therefore, We Buy Cars Holding's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.06.

We Buy Cars Holding Scaled Net Operating Assets Historical Data

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The historical data trend for We Buy Cars Holding'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.

We Buy Cars Holding Scaled Net Operating Assets Chart

We Buy Cars Holding Annual Data
Trend Mar21 Sep23 Sep24 Sep25
Scaled Net Operating Assets
0.85 2.02 0.84 1.10

We Buy Cars Holding Semi-Annual Data
Mar21 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial 0.00 0.00 1.01 0.96 1.06

JSE:WBC vs CVNA, PAG, ALTB: Scaled Net Operating Assets Comparison

For the Auto & Truck Dealerships subindustry, We Buy Cars Holding'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.

We Buy Cars Holding Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, We Buy Cars Holding's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where We Buy Cars Holding's Scaled Net Operating Assets falls into.


JSE:WBC
18GF Score
We Buy Cars Holding Ltd JSE:WBC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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We Buy Cars Holding 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.

We Buy Cars Holding's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(5259.139-668.101)/4186.861
=1.10

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5352.695 - 93.556
=5259.139

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2299.247 - 775.82 - 855.326
=668.101

We Buy Cars Holding'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 )
=(6217.458-560.412)/5352.695
=1.06

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6370.772 - 153.314
=6217.458

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2939.252 - 1121.634 - 1257.206
=560.412

* 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 1.06 mean?
We Buy Cars Holding (JSE:WBC) has a Scaled Net Operating Assets of 1.06 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 We Buy Cars Holding and its competitors.
Is We Buy Cars Holding's Scaled Net Operating Assets too high?
We Buy Cars Holding's current Scaled Net Operating Assets is 1.06. Overall, We Buy Cars Holding has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does We Buy Cars Holding's Scaled Net Operating Assets compare to CVNA and PAG?
We Buy Cars Holding's Scaled Net Operating Assets of 1.06 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 We Buy Cars Holding and its competitors. We Buy Cars Holding's current Scaled Net Operating Assets is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is We Buy Cars Holding stock overvalued right now?
We Buy Cars Holding (JSE:WBC) has a current Scaled Net Operating Assets of 1.06. The current Scaled Net Operating Assets is 1.06. We Buy Cars Holding's overall GF Score™ is 18/100. 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 We Buy Cars Holding (JSE:WBC), the current Scaled Net Operating Assets is 1.06 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.

We Buy Cars Holding Business Description

Address 6 Byls Bridge Boulevard, Building 7, Byls Bridge Office Park, Centurion, GT, ZAF, 0046
We Buy Cars Holding Ltd is an automotive retailer focused on buying, reconditioning, and retail sales through both physical supermarkets and its digital platforms. The company's two reportable segments are: i) Buyer, distributor and retailer of pre-owned motor vehicles with the attendant sale of finance and insurance products and other ancillary products. ii) Property rental: Rental of warehouses to group companies. The majority of the company's revenue is derived from the Buyer, distributor and retailer of pre-owned motor vehicles segment.
18GF Score

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R34.65
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