JSNSF (Sainsbury (J)) Scaled Net Operating Assets: 0.61 (As of Feb. 2026)


JSNSF Sainsbury (J) PLC JSNSF
78 GF Score
Price $4.43
GF Value $4.05
Valuation Fairly Valued
! 5 Warning Signs
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What is Sainsbury (J) Scaled Net Operating Assets?

Sainsbury (J) JSNSF +6.69% 78 Scaled Net Operating Assets is 0.61 as of Feb. 2026. GuruFocus rates JSNSF with a GF Score™ of 78/100 and a GF Value™ of $4.05 (Fairly Valued). The stock has 5 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.

Sainsbury (J)'s operating assets for the quarter that ended in Feb. 2026 was $24,288 Mil. Sainsbury (J)'s operating liabilities for the quarter that ended in Feb. 2026 was $8,413 Mil. Sainsbury (J)'s Total Assets for the quarter that ended in Aug. 2025 was $26,234 Mil. Therefore, Sainsbury (J)'s scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.61.


Sainsbury (J) Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sainsbury (J)'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.

Sainsbury (J) Scaled Net Operating Assets Chart

Sainsbury (J) Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.57 0.42 0.46 0.39

Sainsbury (J) Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.44 0.46 0.39 0.50 0.61

JSNSF vs KR, SFM, ACI: Scaled Net Operating Assets Comparison

For the Grocery Stores subindustry, Sainsbury (J)'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.


Sainsbury (J) Scaled Net Operating Assets vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sainsbury (J)'s Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sainsbury (J)'s Scaled Net Operating Assets falls into.


JSNSF
78GF Score
Sainsbury (J) PLC JSNSF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sainsbury (J) 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.

Sainsbury (J)'s Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2025 )
=(Operating Assets (A: Feb. 2025 )-Operating Liabilities (A: Feb. 2025 ))/Total Assets (A: Feb. 2024 )
=(26810.539-14283.564)/31767.677
=0.39

where

Operating Assets(A: Feb. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31062.735 - 4252.196
=26810.539

Operating Liabilities(A: Feb. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22574.655 - 7594.73 - 696.361
=14283.564

Sainsbury (J)'s Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Aug. 2025 )
=(24288.044-8413.043)/26234.186
=0.61

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=25737.772 - 1449.728
=24288.044

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17381.793 - 8173.913 - 794.837
=8413.043

* 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 0.61 mean?
Sainsbury (J) (JSNSF) has a Scaled Net Operating Assets of 0.61 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Sainsbury (J) and its competitors.
Is Sainsbury (J)'s Scaled Net Operating Assets too high?
Sainsbury (J)'s current Scaled Net Operating Assets is 0.61. Overall, Sainsbury (J) has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sainsbury (J)'s Scaled Net Operating Assets compare to KR and SFM?
Sainsbury (J)'s Scaled Net Operating Assets of 0.61 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Scaled Net Operating Assets depends on the Retail - Defensive 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 Sainsbury (J) and its competitors. Sainsbury (J)'s current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sainsbury (J) stock overvalued right now?
Based on GuruFocus' analysis, Sainsbury (J) (JSNSF) is currently considered Fairly Valued. The stock's GF Value™ is $4.05, compared to a current price of $4.43 — trading 9.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.61. Sainsbury (J)'s overall GF Score™ is 78/100 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 Sainsbury (J) (JSNSF), the current Scaled Net Operating Assets is 0.61 as of Feb. 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 Sainsbury (J) (JSNSF) Overvalued in 2026?

Based on GuruFocus' analysis, Sainsbury (J) stock appears to be overvalued. The current stock price of $4.43 is trading 9.3% above its estimated GF Value™ of $4.05. GuruFocus considers Sainsbury (J) to be Fairly Valued.

Key valuation signals for JSNSF:

  • Scaled Net Operating Assets: 0.61
  • GF Value™: $4.05 vs. price of $4.43 (9.3% above fair value)
  • GF Score™: 78/100 with 5 warning signs

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


Sainsbury (J) Business Description

Address 33 Charterhouse Street, London, GBR, EC1M 6HA
Founded in 1869, Sainsbury's is the second-largest UK grocery chain with around 10% market share. It operates around 600 supermarkets and 850 convenience stores in the UK. The company has diversified away from core food by selling clothing, fuel, and other nonfood items. In September 2016, it took a step further into nonfood retailing with the purchase of Home Retail Group, operating the Habitat and Argos chains (general merchandise and electronics stores).
78GF Score

Get the complete analysis for JSNSF

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

$4.43
Price
$4.05
GF Value