Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Myer Holdings's operating assets for the quarter that ended in Jan. 2026 was $1,995 Mil. Myer Holdings's operating liabilities for the quarter that ended in Jan. 2026 was $510 Mil. Myer Holdings's Total Assets for the quarter that ended in Jul. 2025 was $2,056 Mil. Therefore, Myer Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.72.
Myer Holdings Scaled Net Operating Assets Related Terms
Myer Holdings Scaled Net Operating Assets Historical Data
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The historical data trend for Myer 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.
MYGSF vs DDS, M: Scaled Net Operating Assets Comparison
For the Department Stores subindustry, Myer 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.
Myer Holdings Scaled Net Operating Assets vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Myer Holdings'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 0.72 mean?
Myer Holdings (MYGSF) has a Scaled Net Operating Assets of 0.72 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Myer Holdings and its competitors.
Is Myer Holdings' Scaled Net Operating Assets too high?
Myer Holdings' current Scaled Net Operating Assets is 0.72. Overall, Myer Holdings has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Myer Holdings' Scaled Net Operating Assets compare to DDS and M?
Myer Holdings' Scaled Net Operating Assets of 0.72 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 Myer Holdings and its competitors. Myer Holdings's current Scaled Net Operating Assets is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myer Holdings stock overvalued right now?
Myer Holdings (MYGSF) has a current Scaled Net Operating Assets of 0.72. The stock's GF Value™ is $1.61, compared to a current price of $0.97 — trading 39.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.72. Myer Holdings' overall GF Score™ is 42/100 with 4 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 Myer Holdings (MYGSF), the current Scaled Net Operating Assets is 0.72 as of Jan. 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 Myer Holdings (MYGSF) Overvalued in 2026?
Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued.
The current stock price of $0.97 is trading 39.8% below its estimated GF Value™ of $1.61.
Key valuation signals for MYGSF:
Scaled Net Operating Assets: 0.72
GF Value™: $1.61 vs. price of $0.97 (39.8% below fair value)
No single metric tells the full story. See the MYGSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.
42GF 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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