Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Naspers's operating assets for the quarter that ended in Sep. 2025 was $57,871 Mil. Naspers's operating liabilities for the quarter that ended in Sep. 2025 was $6,382 Mil. Naspers's Total Assets for the quarter that ended in Mar. 2025 was $73,268 Mil. Therefore, Naspers's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.70.
Naspers Scaled Net Operating Assets Related Terms
Naspers Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Naspers'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.
NAPRF vs AMZN, BABA, PDD: Scaled Net Operating Assets Comparison
For the Internet Retail subindustry, Naspers'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.
Naspers Scaled Net Operating Assets vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Naspers's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Naspers'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 0.70 mean?
Naspers (NAPRF) has a Scaled Net Operating Assets of 0.70 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Naspers and its competitors.
Is Naspers' Scaled Net Operating Assets too high?
Naspers' current Scaled Net Operating Assets is 0.70. Overall, Naspers has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Naspers' Scaled Net Operating Assets compare to AMZN and BABA?
Naspers' Scaled Net Operating Assets of 0.70 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 Naspers and its competitors. Naspers's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naspers stock overvalued right now?
Based on GuruFocus' analysis, Naspers (NAPRF) is currently considered Significantly Undervalued. The stock's GF Value™ is $88.68, compared to a current price of $52.01 — trading 41.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.70. Naspers' overall GF Score™ is 79/100 with 5 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 Naspers (NAPRF), the current Scaled Net Operating Assets is 0.70 as of Sep. 2025. 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 Naspers (NAPRF) Overvalued in 2026?
Based on GuruFocus' analysis, Naspers stock appears to be undervalued.
The current stock price of $52.01 is trading 41.4% below its estimated GF Value™ of $88.68.
GuruFocus considers Naspers to be Significantly Undervalued.
Key valuation signals for NAPRF:
Scaled Net Operating Assets: 0.70
GF Value™: $88.68 vs. price of $52.01 (41.4% below fair value)
No single metric tells the full story. See the NAPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Naspers Ltd is an Internet and entertainment group and technology investor in the world. Operating in more than 120 countries and markets with long-term growth potential, Naspers builds companies that empower people and enrich communities. It runs some of the platforms in the internet, video entertainment, and media. Naspers operates in various sectors including online classifieds, food delivery, payments, travel, education, health, and social and internet platforms. People use products and services of companies that Naspers has invested in, acquired, or built, including Azos, PharmEasy, ElasticRun, Alwans, and Vegrow among others. Geographically, the company derives maximum revenue from Europe and the rest from Asia, Africa, Latin America, North America, and other regions.
79GF Score
Get the complete analysis for NAPRF
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NAPRF has been successfully added to your 
