Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Polaris's operating assets for the quarter that ended in Mar. 2026 was MXN89,433 Mil. Polaris's operating liabilities for the quarter that ended in Mar. 2026 was MXN41,129 Mil. Polaris's Total Assets for the quarter that ended in Dec. 2025 was MXN88,114 Mil. Therefore, Polaris's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.55.
Polaris Scaled Net Operating Assets Related Terms
Polaris Scaled Net Operating Assets Historical Data
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The historical data trend for Polaris'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:PII vs THO, PATK, LCII: Scaled Net Operating Assets Comparison
For the Recreational Vehicles subindustry, Polaris'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.
Polaris Scaled Net Operating Assets vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Polaris's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Polaris'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 0.55 mean?
Polaris (MEX:PII) has a Scaled Net Operating Assets of 0.55 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 Polaris and its competitors.
Is Polaris' Scaled Net Operating Assets too high?
Polaris' current Scaled Net Operating Assets is 0.55. Overall, Polaris has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Polaris' Scaled Net Operating Assets compare to THO and PATK?
Polaris' Scaled Net Operating Assets of 0.55 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Polaris and its competitors. Polaris's current Scaled Net Operating Assets is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris stock overvalued right now?
Polaris (MEX:PII) has a current Scaled Net Operating Assets of 0.55. The stock's GF Value™ is MXN1,160.38, compared to a current price of MXN1,213.00 — trading 4.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.55. Polaris' overall GF Score™ is 74/100 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 Polaris (MEX:PII), the current Scaled Net Operating Assets is 0.55 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 Polaris (MEX:PII) Overvalued in 2026?
Based on GuruFocus' analysis, Polaris stock appears to be overvalued.
The current stock price of MXN1,213.00 is trading 4.5% above its estimated GF Value™ of MXN1,160.38.
Key valuation signals for MEX:PII:
Scaled Net Operating Assets: 0.55
GF Value™: MXN1,160.38 vs. price of MXN1,213.00 (4.5% above fair value)
No single metric tells the full story. See the MEX:PII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to pontoon and deck boat users. It is slated to divest its Indian motorcycle brand to Carolwood in the first quarter of 2026. Polaris products are retailed through more than 2,500 dealers in North America and 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America.
74GF Score
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