Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Lenovo Group's operating assets for the quarter that ended in Mar. 2026 was MXN941,767 Mil. Lenovo Group's operating liabilities for the quarter that ended in Mar. 2026 was MXN784,946 Mil. Lenovo Group's Total Assets for the quarter that ended in Dec. 2025 was MXN947,683 Mil. Therefore, Lenovo Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.17.
Lenovo Group Scaled Net Operating Assets Related Terms
Lenovo Group Scaled Net Operating Assets Historical Data
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The historical data trend for Lenovo Group'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.
MEX:992N vs SNDK, DELL, STX: Scaled Net Operating Assets Comparison
For the Computer Hardware subindustry, Lenovo Group'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.
Lenovo Group Scaled Net Operating Assets vs Hardware Industry
For the Hardware industry and Technology sector, Lenovo Group's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Lenovo Group'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 0.17 mean?
Lenovo Group (MEX:992N) has a Scaled Net Operating Assets of 0.17 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 Lenovo Group and its competitors.
Is Lenovo Group's Scaled Net Operating Assets too high?
Lenovo Group's current Scaled Net Operating Assets is 0.17. Overall, Lenovo Group has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lenovo Group's Scaled Net Operating Assets compare to SNDK and DELL?
Lenovo Group's Scaled Net Operating Assets of 0.17 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 Lenovo Group and its competitors. Lenovo Group's current Scaled Net Operating Assets is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lenovo Group stock overvalued right now?
Based on GuruFocus' analysis, Lenovo Group (MEX:992N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN25.21, compared to a current price of MXN50.86 — trading 101.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.17. Lenovo Group's overall GF Score™ is 44/100 with 8 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 Lenovo Group (MEX:992N), the current Scaled Net Operating Assets is 0.17 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 Lenovo Group (MEX:992N) Overvalued in 2026?
Based on GuruFocus' analysis, Lenovo Group stock appears to be overvalued.
The current stock price of MXN50.86 is trading 101.7% above its estimated GF Value™ of MXN25.21.
GuruFocus considers Lenovo Group to be Significantly Overvalued.
Key valuation signals for MEX:992N:
Scaled Net Operating Assets: 0.17
GF Value™: MXN25.21 vs. price of MXN50.86 (101.7% above fair value)
No single metric tells the full story. See the MEX:992N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lenovo is a global technology hardware company with a leading market share in personal computers. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 23% of overall sales in fiscal 2025, from 6% in 2015.
44GF 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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