Wilson Bayly Holmes-Ovcon (JSE:WBO) Scaled Net Operating Assets: 0.08 (As of Dec. 2025)


JSE:WBO Wilson Bayly Holmes-Ovcon Ltd JSE:WBO
82 GF Score
Price R171.80
GF Value R170.69
Valuation Fairly Valued
! 2 Warning Signs
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What is Wilson Bayly Holmes-Ovcon Scaled Net Operating Assets?

Wilson Bayly Holmes-Ovcon JSE:WBO +0.50% 82 Scaled Net Operating Assets is 0.08 as of Dec. 2025. GuruFocus rates JSE:WBO with a GF Score™ of 82/100 and a GF Value™ of R170.69 (Fairly Valued). The stock has 2 warning signs investors should review.

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

Wilson Bayly Holmes-Ovcon's operating assets for the quarter that ended in Dec. 2025 was R10,759 Mil. Wilson Bayly Holmes-Ovcon's operating liabilities for the quarter that ended in Dec. 2025 was R9,425 Mil. Wilson Bayly Holmes-Ovcon's Total Assets for the quarter that ended in Jun. 2025 was R16,076 Mil. Therefore, Wilson Bayly Holmes-Ovcon's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.08.


Wilson Bayly Holmes-Ovcon Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Wilson Bayly Holmes-Ovcon'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.

Wilson Bayly Holmes-Ovcon Scaled Net Operating Assets Chart

Wilson Bayly Holmes-Ovcon Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.00 0.07 0.11 0.11

Wilson Bayly Holmes-Ovcon Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.05 0.11 0.07 0.11 0.08

JSE:WBO vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Wilson Bayly Holmes-Ovcon'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.


Wilson Bayly Holmes-Ovcon Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Wilson Bayly Holmes-Ovcon's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Wilson Bayly Holmes-Ovcon's Scaled Net Operating Assets falls into.


JSE:WBO
82GF Score
Wilson Bayly Holmes-Ovcon Ltd JSE:WBO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Wilson Bayly Holmes-Ovcon 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.

Wilson Bayly Holmes-Ovcon's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(11771.258-10094.425)/15361.796
=0.11

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16076.365 - 4305.107
=11771.258

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10507.229 - 101.329 - 311.475
=10094.425

Wilson Bayly Holmes-Ovcon's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(10758.901-9425.219)/16076.365
=0.08

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15275.883 - 4516.982
=10758.901

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9508.978 - 83.759 - 0
=9425.219

* 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 0.08 mean?
Wilson Bayly Holmes-Ovcon (JSE:WBO) has a Scaled Net Operating Assets of 0.08 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 Wilson Bayly Holmes-Ovcon and its competitors.
Is Wilson Bayly Holmes-Ovcon's Scaled Net Operating Assets too high?
Wilson Bayly Holmes-Ovcon's current Scaled Net Operating Assets is 0.08. Overall, Wilson Bayly Holmes-Ovcon has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wilson Bayly Holmes-Ovcon's Scaled Net Operating Assets compare to PWR and FIX?
Wilson Bayly Holmes-Ovcon's Scaled Net Operating Assets of 0.08 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Wilson Bayly Holmes-Ovcon and its competitors. Wilson Bayly Holmes-Ovcon's current Scaled Net Operating Assets is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wilson Bayly Holmes-Ovcon stock overvalued right now?
Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon (JSE:WBO) is currently considered Fairly Valued. The stock's GF Value™ is R170.69, compared to a current price of R171.80 — trading 0.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.08. Wilson Bayly Holmes-Ovcon's overall GF Score™ is 82/100 with 2 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 Wilson Bayly Holmes-Ovcon (JSE:WBO), the current Scaled Net Operating Assets is 0.08 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 Wilson Bayly Holmes-Ovcon (JSE:WBO) Overvalued in 2026?

Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon stock appears to be overvalued. The current stock price of R171.80 is trading 0.7% above its estimated GF Value™ of R170.69. GuruFocus considers Wilson Bayly Holmes-Ovcon to be Fairly Valued.

Key valuation signals for JSE:WBO:

  • Scaled Net Operating Assets: 0.08
  • GF Value™: R170.69 vs. price of R171.80 (0.7% above fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the JSE:WBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wilson Bayly Holmes-Ovcon Business Description

Other Exchanges WQ9:Germany
Address 53 Andries Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2090
Wilson Bayly Holmes-Ovcon Ltd is a South Africa-based construction company. The company's business activities encompass designing, construction, and procurement, as well as civil engineering, works for large-scale public and private projects, roads and earthworks projects, and turnkey projects. The company also provides construction materials, real estate development, and other services. Its customers predominantly come from the retail, residential, hotel and entertainment, infrastructure, mining, energy, and oil and gas sectors. Its segment include: Building and civil Engineering, Roads and earthworks, Property developments, Construction materials, and United Kingdom. It operates in South Africa, United Kingdom and Rest of Africa, of which maximum revenue is generated from South Africa.
82GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R171.80
Price
R170.69
GF Value