LPP (LPPSY) Scaled Net Operating Assets: 0.69 (As of Apr. 2026)


LPPSY LPP SA LPPSY
98 GF Score
Price $20.41
GF Value $22.99
! 1 Warning Sign
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What is LPP Scaled Net Operating Assets?

LPP LPPSY +0.84% 98 Scaled Net Operating Assets is 0.69 as of Apr. 2026. GuruFocus rates LPPSY with a GF Score™ of 98/100 and a GF Value™ of $22.99. The stock has 1 warning sign investors should review.

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

LPP's operating assets for the quarter that ended in Apr. 2026 was $5,147 Mil. LPP's operating liabilities for the quarter that ended in Apr. 2026 was $1,560 Mil. LPP's Total Assets for the quarter that ended in Jan. 2026 was $5,220 Mil. Therefore, LPP's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.69.


LPP Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for LPP'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.

LPP Scaled Net Operating Assets Chart

LPP Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.61 0.56 0.61 0.68

LPP Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.64 0.57 0.55 0.63 0.69

LPPSY vs RL, LEVI, VFC: Scaled Net Operating Assets Comparison

For the Apparel Manufacturing subindustry, LPP'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.


LPP Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, LPP's Scaled Net Operating Assets distribution charts can be found below:

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


LPPSY
98GF Score
LPP SA LPPSY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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LPP 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.

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

Scaled Net Operating Assets (SNOA)(A: Jan. 2025 )
=(Operating Assets (A: Jan. 2025 )-Operating Liabilities (A: Jan. 2025 ))/Total Assets (A: Jan. 2024 )
=(4297.043-1749.568)/3756.035
=0.68

where

Operating Assets(A: Jan. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4762.669 - 465.626
=4297.043

Operating Liabilities(A: Jan. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3319.799 - 1008.268 - 561.963
=1749.568

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

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(5146.655-1559.888)/5220.404
=0.69

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5463.422 - 316.767
=5146.655

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3805.291 - 1616.494 - 628.909
=1559.888

* 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 0.69 mean?
LPP (LPPSY) has a Scaled Net Operating Assets of 0.69 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on LPP and its competitors.
Is LPP's Scaled Net Operating Assets too high?
LPP's current Scaled Net Operating Assets is 0.69. Overall, LPP has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does LPP's Scaled Net Operating Assets compare to RL and LEVI?
LPP's Scaled Net Operating Assets of 0.69 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 LPP and its competitors. LPP's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LPP stock overvalued right now?
LPP (LPPSY) has a current Scaled Net Operating Assets of 0.69. The stock's GF Value™ is $22.99, compared to a current price of $20.41 — trading 11.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.69. LPP's overall GF Score™ is 98/100 with 1 warning sign 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 LPP (LPPSY), the current Scaled Net Operating Assets is 0.69 as of Apr. 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 LPP (LPPSY) Overvalued in 2026?

Based on GuruFocus' analysis, LPP stock appears to be undervalued. The current stock price of $20.41 is trading 11.2% below its estimated GF Value™ of $22.99.

Key valuation signals for LPPSY:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: $22.99 vs. price of $20.41 (11.2% below fair value)
  • GF Score™: 98/100 with 1 warning sign

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


LPP Business Description

Other Exchanges LPP:Poland
Address ul. Lakowa 39/44, Gdansk, POL, 80-769
LPP SA makes and sells clothing, footwear, bags, and accessories in Central and Eastern Europe. LPP has nearly 1,500 company-branded retail stores, which serve as the company's primary sales channel. Brands include Reserved, Cropp, House, Mohito, and Sinsay. Reserved stores account for roughly half of the company's sales volume. Geographically, most sales are in Poland, and Poland and Russia account for more than 80% of total sales. LPP purchases most of its materials in Asia, and the company's manufacturers are primarily located in China.
98GF 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.

$20.41
Price
$22.99
GF Value