Five Below (MEX:FIVE) Scaled Net Operating Assets: 0.65 (As of Apr. 2026)


MEX:FIVE Five Below Inc MEX:FIVE
97 GF Score
Price MXN3,385.60
GF Value MXN3,630.15
! 1 Warning Sign
View Full Analysis

What is Five Below Scaled Net Operating Assets?

Five Below MEX:FIVE 97 Scaled Net Operating Assets is 0.65 as of Apr. 2026. GuruFocus rates MEX:FIVE with a GF Score™ of 97/100 and a GF Value™ of MXN3,630.15. The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Five Below's operating assets for the quarter that ended in Apr. 2026 was MXN69,044 Mil. Five Below's operating liabilities for the quarter that ended in Apr. 2026 was MXN13,029 Mil. Five Below's Total Assets for the quarter that ended in Jan. 2026 was MXN85,654 Mil. Therefore, Five Below's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.65.


Five Below Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Five Below'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.

Five Below Scaled Net Operating Assets Chart

Five Below Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.78 0.79 1.01 0.64

Five Below Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.70 0.70 0.74 0.64 0.65

MEX:FIVE vs GME, MUSA, BBY: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Five Below'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.


Five Below Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Five Below's Scaled Net Operating Assets distribution charts can be found below:

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


MEX:FIVE
97GF Score
Five Below Inc MEX:FIVE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Five Below 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.

Five Below's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2026 )
=(Operating Assets (A: Jan. 2026 )-Operating Liabilities (A: Jan. 2026 ))/Total Assets (A: Jan. 2025 )
=(69480.685-12344.721)/89521.072
=0.64

where

Operating Assets(A: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=85653.824 - 16173.139
=69480.685

Operating Liabilities(A: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47601.778 - 30032.35 - 5224.707
=12344.721

Five Below's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(69043.929-13028.879)/85653.824
=0.65

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=88543.938 - 19500.009
=69043.929

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48038.465 - 29745.21 - 5264.376
=13028.879

* 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 0.65 mean?
Five Below (MEX:FIVE) has a Scaled Net Operating Assets of 0.65 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Five Below and its competitors.
Is Five Below's Scaled Net Operating Assets too high?
Five Below's current Scaled Net Operating Assets is 0.65. Overall, Five Below has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does Five Below's Scaled Net Operating Assets compare to GME and MUSA?
Five Below's Scaled Net Operating Assets of 0.65 can be compared against companies in the Retail - Cyclical 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 - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Five Below and its competitors. Five Below's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Five Below stock overvalued right now?
Five Below (MEX:FIVE) has a current Scaled Net Operating Assets of 0.65. The stock's GF Value™ is MXN3,630.15, compared to a current price of MXN3,385.60 — trading 6.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.65. Five Below's overall GF Score™ is 97/100 with 1 warning sign 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 Five Below (MEX:FIVE), the current Scaled Net Operating Assets is 0.65 as of Apr. 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 Five Below (MEX:FIVE) Overvalued in 2026?

Based on GuruFocus' analysis, Five Below stock appears to be undervalued. The current stock price of MXN3,385.60 is trading 6.7% below its estimated GF Value™ of MXN3,630.15.

Key valuation signals for MEX:FIVE:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: MXN3,630.15 vs. price of MXN3,385.60 (6.7% below fair value)
  • GF Score™: 97/100 with 1 warning sign

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


Five Below Business Description

Address 701 Market Street, Suite 300, Philadelphia, PA, USA, 19106
Five Below Inc is a specialty value retailer offering a broad range of trend-right, high-quality products loved by the kid and the kid in all of customers. The Company's edited assortment of products includes select brands and licensed merchandise. The Company also sells its merchandise on the internet, through the Company's e-commerce website and mobile app, offering home delivery and the option to buy online and pick up in store. Additionally, the Company sells merchandise through on-demand third-party delivery services to enable its customers to shop online and receive convenient delivery. It derives revenue from sales of the Company's merchandise to customers.
97GF Score

Get the complete analysis for MEX:FIVE

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

MXN3,385.60
Price
MXN3,630.15
GF Value