Spectrum Brands Holdings (MEX:SPB) Scaled Net Operating Assets: 0.73 (As of Mar. 2026)


MEX:SPB Spectrum Brands Holdings Inc MEX:SPB
77 GF Score
Price MXN1,845.00
GF Value MXN2,392.18
! 7 Warning Signs
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What is Spectrum Brands Holdings Scaled Net Operating Assets?

Spectrum Brands Holdings MEX:SPB 77 Scaled Net Operating Assets is 0.73 as of Mar. 2026. GuruFocus rates MEX:SPB with a GF Score™ of 77/100 and a GF Value™ of MXN2,392.18. The stock has 7 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.

Spectrum Brands Holdings's operating assets for the quarter that ended in Mar. 2026 was MXN60,388 Mil. Spectrum Brands Holdings's operating liabilities for the quarter that ended in Mar. 2026 was MXN15,286 Mil. Spectrum Brands Holdings's Total Assets for the quarter that ended in Dec. 2025 was MXN61,632 Mil. Therefore, Spectrum Brands Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.73.


Spectrum Brands Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Spectrum Brands Holdings'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.

Spectrum Brands Holdings Scaled Net Operating Assets Chart

Spectrum Brands Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.78 0.35 0.53 0.59

Spectrum Brands Holdings 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 0.68 0.66 0.67 0.72 0.73

MEX:SPB vs COTY, NWL, EPC: Scaled Net Operating Assets Comparison

For the Household & Personal Products subindustry, Spectrum Brands Holdings'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.


Spectrum Brands Holdings Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Spectrum Brands Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Spectrum Brands Holdings's Scaled Net Operating Assets falls into.


MEX:SPB
77GF Score
Spectrum Brands Holdings Inc MEX:SPB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Spectrum Brands Holdings 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.

Spectrum Brands Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(59728.715-14963.364)/75656.04
=0.59

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=61996.058 - 2267.343
=59728.715

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26964.14 - 11202.803 - 797.973
=14963.364

Spectrum Brands Holdings'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 )
=(60387.906-15286.32)/61631.711
=0.73

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=62643.797 - 2255.891
=60387.906

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28369.044 - 12489.448 - 593.276
=15286.32

* 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 0.73 mean?
Spectrum Brands Holdings (MEX:SPB) has a Scaled Net Operating Assets of 0.73 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 Spectrum Brands Holdings and its competitors.
Is Spectrum Brands Holdings' Scaled Net Operating Assets too high?
Spectrum Brands Holdings' current Scaled Net Operating Assets is 0.73. Overall, Spectrum Brands Holdings has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Spectrum Brands Holdings' Scaled Net Operating Assets compare to COTY and NWL?
Spectrum Brands Holdings' Scaled Net Operating Assets of 0.73 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Spectrum Brands Holdings and its competitors. Spectrum Brands Holdings's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Brands Holdings stock overvalued right now?
Spectrum Brands Holdings (MEX:SPB) has a current Scaled Net Operating Assets of 0.73. The stock's GF Value™ is MXN2,392.18, compared to a current price of MXN1,845.00 — trading 22.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.73. Spectrum Brands Holdings' overall GF Score™ is 77/100 with 7 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 Spectrum Brands Holdings (MEX:SPB), the current Scaled Net Operating Assets is 0.73 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 Spectrum Brands Holdings (MEX:SPB) Overvalued in 2026?

Based on GuruFocus' analysis, Spectrum Brands Holdings stock appears to be undervalued. The current stock price of MXN1,845.00 is trading 22.9% below its estimated GF Value™ of MXN2,392.18.

Key valuation signals for MEX:SPB:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: MXN2,392.18 vs. price of MXN1,845.00 (22.9% below fair value)
  • GF Score™: 77/100 with 7 warning signs

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


Spectrum Brands Holdings Business Description

Other Exchanges SPB:USAH221:Germany
Address 3001 Deming Way, Middleton, WI, USA, 53562
Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, and Home and Garden. The Company manufactures, markets and distributes its products globally in the North America, Europe, Middle East & Africa, Latin America, and Asia-Pacific.
77GF Score

Get the complete analysis for MEX:SPB

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

MXN1,845.00
Price
MXN2,392.18
GF Value