Cake Box Holdings (LSE:CBOX) Scaled Net Operating Assets: 0.75 (As of Mar. 2026)


LSE:CBOX Cake Box Holdings PLC LSE:CBOX
87 GF Score
Price £2.03
GF Value £2.51
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Cake Box Holdings Scaled Net Operating Assets?

Cake Box Holdings LSE:CBOX 87 Scaled Net Operating Assets is 0.75 as of Mar. 2026. GuruFocus rates LSE:CBOX with a GF Score™ of 87/100 and a GF Value™ of £2.51 (Modestly Undervalued). The stock has 4 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.

Cake Box Holdings's operating assets for the quarter that ended in Mar. 2026 was £61.62 Mil. Cake Box Holdings's operating liabilities for the quarter that ended in Mar. 2026 was £16.66 Mil. Cake Box Holdings's Total Assets for the quarter that ended in Sep. 2025 was £60.23 Mil. Therefore, Cake Box Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.75.


Cake Box Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Cake Box Holdings'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.

Cake Box Holdings Scaled Net Operating Assets Chart

Cake Box Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.55 0.52 1.37 0.73

Cake Box Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.54 0.49 1.42 0.69 0.75

LSE:CBOX vs KR, SFM: Scaled Net Operating Assets Comparison

For the Grocery Stores subindustry, Cake Box Holdings'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.


Cake Box Holdings Scaled Net Operating Assets vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Cake Box Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


LSE:CBOX
87GF Score
Cake Box Holdings PLC LSE:CBOX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cake Box Holdings 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.

Cake Box Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(61.62-16.663)/61.243
=0.73

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=64.07 - 2.45
=61.62

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36.082 - 16.545 - 2.874
=16.663

Cake Box Holdings'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 )
=(61.62-16.663)/60.234
=0.75

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=64.07 - 2.45
=61.62

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36.082 - 16.545 - 2.874
=16.663

* 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 0.75 mean?
Cake Box Holdings (LSE:CBOX) has a Scaled Net Operating Assets of 0.75 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 Cake Box Holdings and its competitors.
Is Cake Box Holdings' Scaled Net Operating Assets too high?
Cake Box Holdings' current Scaled Net Operating Assets is 0.75. Overall, Cake Box Holdings has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cake Box Holdings' Scaled Net Operating Assets compare to KR and SFM?
Cake Box Holdings' Scaled Net Operating Assets of 0.75 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 Cake Box Holdings and its competitors. Cake Box Holdings's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cake Box Holdings stock overvalued right now?
Based on GuruFocus' analysis, Cake Box Holdings (LSE:CBOX) is currently considered Modestly Undervalued. The stock's GF Value™ is £2.51, compared to a current price of £2.03 — trading 19.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.75. Cake Box Holdings' overall GF Score™ is 87/100 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 Cake Box Holdings (LSE:CBOX), the current Scaled Net Operating Assets is 0.75 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 Cake Box Holdings (LSE:CBOX) Overvalued in 2026?

Based on GuruFocus' analysis, Cake Box Holdings stock appears to be undervalued. The current stock price of £2.03 is trading 19.3% below its estimated GF Value™ of £2.51. GuruFocus considers Cake Box Holdings to be Modestly Undervalued.

Key valuation signals for LSE:CBOX:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: £2.51 vs. price of £2.03 (19.3% below fair value)
  • GF Score™: 87/100 with 4 warning signs

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


Cake Box Holdings Business Description

Address 20-22 Jute Lane, Enfield, London, Middlesex, GBR, EN3 7PJ
Cake Box Holdings PLC is a retailer of fresh cream cakes. It offers a range of cakes that include cupcakes, photo cakes, number cakes, fruit cakes, mehndi cakes, round cakes, kid's cakes, platter cakes, and wedding cakes. The company recognizes revenue revenue from Sale of sponges, fresh cream and other goods to franchisees, Online sales of cakes and related products to customers, Franchise package. Geographically, it derives revenue from the United Kingdom.
87GF Score

Get the complete analysis for LSE:CBOX

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

£2.03
Price
£2.51
GF Value