Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
LCI Industries's operating assets for the quarter that ended in Mar. 2026 was $3,075 Mil. LCI Industries's operating liabilities for the quarter that ended in Mar. 2026 was $594 Mil. LCI Industries's Total Assets for the quarter that ended in Dec. 2025 was $3,176 Mil. Therefore, LCI Industries's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.
LCI Industries Scaled Net Operating Assets Related Terms
LCI Industries Scaled Net Operating Assets Historical Data
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The historical data trend for LCI Industries'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.
LCII vs HOG, PATK, PII: Scaled Net Operating Assets Comparison
For the Recreational Vehicles subindustry, LCI Industries'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.
LCI Industries Scaled Net Operating Assets vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where LCI Industries'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?
LCI Industries (LCII) 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 LCI Industries and its competitors.
Is LCI Industries' Scaled Net Operating Assets too high?
LCI Industries' current Scaled Net Operating Assets is 0.78. Overall, LCI Industries has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LCI Industries' Scaled Net Operating Assets compare to HOG and PATK?
LCI Industries' Scaled Net Operating Assets of 0.78 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 LCI Industries and its competitors. LCI Industries'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 LCI Industries stock overvalued right now?
Based on GuruFocus' analysis, LCI Industries (LCII) is currently considered Modestly Undervalued. The stock's GF Value™ is $122.56, compared to a current price of $94.14 — trading 23.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.78. LCI Industries' overall GF Score™ is 72/100 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 LCI Industries (LCII), 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 LCI Industries (LCII) Overvalued in 2026?
Based on GuruFocus' analysis, LCI Industries stock appears to be undervalued.
The current stock price of $94.14 is trading 23.2% below its estimated GF Value™ of $122.56.
GuruFocus considers LCI Industries to be Modestly Undervalued.
Key valuation signals for LCII:
Scaled Net Operating Assets: 0.78
GF Value™: $122.56 vs. price of $94.14 (23.2% below fair value)
No single metric tells the full story. See the LCII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries, including buses and trailers used to haul boats, livestock, equipment, and other cargo. It has two reportable segments: the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold to manufacturers of RVs such as Thor Industries, Forest River, Winnebago, and other RV OEMs, and to manufacturers in adjacent industries.
72GF Score
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