Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Softcat's operating assets for the quarter that ended in Jan. 2026 was £1,000 Mil. Softcat's operating liabilities for the quarter that ended in Jan. 2026 was £883 Mil. Softcat's Total Assets for the quarter that ended in Jul. 2025 was £1,192 Mil. Therefore, Softcat's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.10.
Softcat Scaled Net Operating Assets Related Terms
Softcat Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Softcat'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.
LSE:SCT vs SNX, ARW, AVT: Scaled Net Operating Assets Comparison
For the Electronics & Computer Distribution subindustry, Softcat'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.
Softcat Scaled Net Operating Assets vs Hardware Industry
For the Hardware industry and Technology sector, Softcat's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Softcat'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 0.10 mean?
Softcat (LSE:SCT) has a Scaled Net Operating Assets of 0.10 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Softcat and its competitors.
Is Softcat's Scaled Net Operating Assets too high?
Softcat's current Scaled Net Operating Assets is 0.10. Overall, Softcat has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Softcat's Scaled Net Operating Assets compare to SNX and ARW?
Softcat's Scaled Net Operating Assets of 0.10 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Softcat and its competitors. Softcat's current Scaled Net Operating Assets is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Softcat stock overvalued right now?
Based on GuruFocus' analysis, Softcat (LSE:SCT) is currently considered Significantly Undervalued. The stock's GF Value™ is £26.03, compared to a current price of £18.30 — trading 29.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.10. Softcat's overall GF Score™ is 86/100 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 Softcat (LSE:SCT), the current Scaled Net Operating Assets is 0.10 as of Jan. 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 Softcat (LSE:SCT) Overvalued in 2026?
Based on GuruFocus' analysis, Softcat stock appears to be undervalued.
The current stock price of £18.30 is trading 29.7% below its estimated GF Value™ of £26.03.
GuruFocus considers Softcat to be Significantly Undervalued.
Key valuation signals for LSE:SCT:
Scaled Net Operating Assets: 0.10
GF Value™: £26.03 vs. price of £18.30 (29.7% below fair value)
No single metric tells the full story. See the LSE:SCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Softcat PLC is an information technology infrastructure and service provider offering software licensing, workplace technology, networking and security, and cloud and data center solutions to corporates, public sector organizations, and small to medium-sized businesses, with the latter being the main business provider. It earns revenue from software, hardware, and services, including its own services, with the majority derived from software products. Its solutions include Workspace, Cyber Security, Networking and Connectivity, Data, Automation and AI, and Hybrid Cloud Solutions. The company serves Small to Medium Businesses, Enterprise, Multinational Services, and the Public Sector including healthcare, education, government, defence, police, and emergency services.
86GF Score
Get the complete analysis for LSE:SCT
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:SCT has been successfully added to your 
