CVS Health (MEX:CVS) Scaled Net Operating Assets: 0.57 (As of Mar. 2026)


MEX:CVS CVS Health Corp MEX:CVS
70 GF Score
Price MXN1,787.51
GF Value MXN1,330.95
Valuation Significantly Overvalued
! 10 Warning Signs
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What is CVS Health Scaled Net Operating Assets?

CVS Health MEX:CVS 70 Scaled Net Operating Assets is 0.57 as of Mar. 2026. GuruFocus rates MEX:CVS with a GF Score™ of 70/100 and a GF Value™ of MXN1,330.95 (Significantly Overvalued). The stock has 10 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.

CVS Health's operating assets for the quarter that ended in Mar. 2026 was MXN4,348,982 Mil. CVS Health's operating liabilities for the quarter that ended in Mar. 2026 was MXN1,749,028 Mil. CVS Health's Total Assets for the quarter that ended in Dec. 2025 was MXN4,565,129 Mil. Therefore, CVS Health's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.57.


CVS Health Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for CVS Health'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.

CVS Health Scaled Net Operating Assets Chart

CVS Health Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.52 0.55 0.73 0.49

CVS Health Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.56 0.53 0.54 0.56 0.57

MEX:CVS vs ELV, CI, HUM: Scaled Net Operating Assets Comparison

For the Healthcare Plans subindustry, CVS Health'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.


CVS Health Scaled Net Operating Assets vs Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, CVS Health's Scaled Net Operating Assets distribution charts can be found below:

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


MEX:CVS
70GF Score
CVS Health Corp MEX:CVS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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CVS Health 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.

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

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(4374304.76-1768267.775)/5280976.072
=0.49

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4565129.169 - 190824.409
=4374304.76

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3207823.491 - 1335032.627 - 104523.089
=1768267.775

CVS Health'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: Dec. 2025 )
=(4348982.328-1749027.64)/4565129.169
=0.57

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4561804.254 - 212821.926
=4348982.328

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3161799.523 - 1331913.256 - 80858.627
=1749027.64

* 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 0.57 mean?
CVS Health (MEX:CVS) has a Scaled Net Operating Assets of 0.57 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 CVS Health and its competitors.
Is CVS Health's Scaled Net Operating Assets too high?
CVS Health's current Scaled Net Operating Assets is 0.57. Overall, CVS Health has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CVS Health's Scaled Net Operating Assets compare to ELV and CI?
CVS Health's Scaled Net Operating Assets of 0.57 can be compared against companies in the Healthcare Plans 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 Healthcare Plans company?
A good Scaled Net Operating Assets depends on the Healthcare Plans 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 CVS Health and its competitors. CVS Health's current Scaled Net Operating Assets is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVS Health stock overvalued right now?
Based on GuruFocus' analysis, CVS Health (MEX:CVS) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,330.95, compared to a current price of MXN1,787.51 — trading 34.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.57. CVS Health's overall GF Score™ is 70/100 with 10 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 CVS Health (MEX:CVS), the current Scaled Net Operating Assets is 0.57 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 CVS Health (MEX:CVS) Overvalued in 2026?

Based on GuruFocus' analysis, CVS Health stock appears to be overvalued. The current stock price of MXN1,787.51 is trading 34.3% above its estimated GF Value™ of MXN1,330.95. GuruFocus considers CVS Health to be Significantly Overvalued.

Key valuation signals for MEX:CVS:

  • Scaled Net Operating Assets: 0.57
  • GF Value™: MXN1,330.95 vs. price of MXN1,787.51 (34.3% above fair value)
  • GF Score™: 70/100 with 10 warning signs

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


CVS Health Business Description

Address One CVS Drive, Woonsocket, RI, USA, 02895
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates around 9,000 stores primarily in the US. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It operates a top-tier health insurer (acquired through Aetna) through which it serves about 27 million medical members. The acquisition of Oak Street Health added primary care services to the mix, which could have significant synergies with all existing business lines.
70GF Score

Get the complete analysis for MEX:CVS

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

MXN1,787.51
Price
MXN1,330.95
GF Value