Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Ultimate Products's operating assets for the quarter that ended in Jan. 2026 was £104.2 Mil. Ultimate Products's operating liabilities for the quarter that ended in Jan. 2026 was £45.0 Mil. Ultimate Products's Total Assets for the quarter that ended in Jul. 2025 was £106.2 Mil. Therefore, Ultimate Products's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.56.
Ultimate Products Scaled Net Operating Assets Related Terms
Ultimate Products Scaled Net Operating Assets Historical Data
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The historical data trend for Ultimate Products'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.
Ultimate Products Scaled Net Operating Assets Chart
LSE:ULTP vs SN, SGI, MHK: Scaled Net Operating Assets Comparison
For the Furnishings, Fixtures & Appliances subindustry, Ultimate Products'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.
Ultimate Products Scaled Net Operating Assets vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ultimate Products's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Ultimate Products'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 0.56 mean?
Ultimate Products (LSE:ULTP) has a Scaled Net Operating Assets of 0.56 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 Ultimate Products and its competitors.
Is Ultimate Products' Scaled Net Operating Assets too high?
Ultimate Products' current Scaled Net Operating Assets is 0.56. Overall, Ultimate Products has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ultimate Products' Scaled Net Operating Assets compare to SN and SGI?
Ultimate Products' Scaled Net Operating Assets of 0.56 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Scaled Net Operating Assets depends on the Furnishings, Fixtures & Appliances 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 Ultimate Products and its competitors. Ultimate Products's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Products stock overvalued right now?
Based on GuruFocus' analysis, Ultimate Products (LSE:ULTP) is currently considered Significantly Undervalued. The stock's GF Value™ is £1.18, compared to a current price of £0.47 — trading 60.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.56. Ultimate Products' overall GF Score™ is 64/100 with 6 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 Ultimate Products (LSE:ULTP), the current Scaled Net Operating Assets is 0.56 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 Ultimate Products (LSE:ULTP) Overvalued in 2026?
Based on GuruFocus' analysis, Ultimate Products stock appears to be undervalued.
The current stock price of £0.47 is trading 60.6% below its estimated GF Value™ of £1.18.
GuruFocus considers Ultimate Products to be Significantly Undervalued.
Key valuation signals for LSE:ULTP:
Scaled Net Operating Assets: 0.56
GF Value™: £1.18 vs. price of £0.47 (60.6% below fair value)
No single metric tells the full story. See the LSE:ULTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultimate Products PLC designs, develops and distributes homeware products across its key brands, including the household names Salter and Beldray. Its other brands include Progress, Kleenez, Petra, Maxim, Russell Hobbs, and Intempo among others. The company sells products across different categories, such as small domestic appliances, housewares, laundry, audio, and heating and cooling. Its products are sold to a broad cross-section of both large national and international multi-channel retailers as well as smaller national retail chains, incorporating discount retailers, supermarkets, general retailers, and online retailers. Geographically, the company derives its key revenue from the United Kingdom and the rest from Germany, Rest of Europe and the Rest of the world.
64GF 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.
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