Focus Lighting and Fixtures (NSE:FOCUS) Scaled Net Operating Assets: 0.69 (As of Sep. 2025)


NSE:FOCUS Focus Lighting and Fixtures Ltd NSE:FOCUS
95 GF Score
Price ₹83.04
GF Value ₹114.84
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Focus Lighting and Fixtures Scaled Net Operating Assets?

Focus Lighting and Fixtures NSE:FOCUS -4.21% 95 Scaled Net Operating Assets is 0.69 as of Sep. 2025. GuruFocus rates NSE:FOCUS with a GF Score™ of 95/100 and a GF Value™ of ₹114.84 (Modestly Undervalued). The stock has 6 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.

Focus Lighting and Fixtures's operating assets for the quarter that ended in Sep. 2025 was ₹1,912 Mil. Focus Lighting and Fixtures's operating liabilities for the quarter that ended in Sep. 2025 was ₹529 Mil. Focus Lighting and Fixtures's Total Assets for the quarter that ended in Mar. 2025 was ₹2,016 Mil. Therefore, Focus Lighting and Fixtures's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.69.


Focus Lighting and Fixtures Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Focus Lighting and Fixtures'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.

Focus Lighting and Fixtures Scaled Net Operating Assets Chart

Focus Lighting and Fixtures Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.66 1.14 1.11 0.81

Focus Lighting and Fixtures Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.80 1.00 0.78 0.71 0.69

NSE:FOCUS vs SN, SGI, MHK: Scaled Net Operating Assets Comparison

For the Furnishings, Fixtures & Appliances subindustry, Focus Lighting and Fixtures'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.


Focus Lighting and Fixtures Scaled Net Operating Assets vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Focus Lighting and Fixtures's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Focus Lighting and Fixtures's Scaled Net Operating Assets falls into.


NSE:FOCUS
95GF Score
Focus Lighting and Fixtures Ltd NSE:FOCUS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Focus Lighting and Fixtures 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.

Focus Lighting and Fixtures's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2025 )
=(Operating Assets (A: Mar. 2025 )-Operating Liabilities (A: Mar. 2025 ))/Total Assets (A: Mar. 2024 )
=(1959.319-416.229)/1902.72
=0.81

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2016.138 - 56.819
=1959.319

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=614.132 - 131.87 - 66.033
=416.229

Focus Lighting and Fixtures's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2025 )
=(Operating Assets (Q: Sep. 2025 )-Operating Liabilities (Q: Sep. 2025 ))/Total Assets (Q: Mar. 2025 )
=(1911.523-529.418)/2016.138
=0.69

where

Operating Assets(Q: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2103.703 - 192.18
=1911.523

Operating Liabilities(Q: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=656.702 - 95.982 - 31.302
=529.418

* 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 0.69 mean?
Focus Lighting and Fixtures (NSE:FOCUS) has a Scaled Net Operating Assets of 0.69 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 Focus Lighting and Fixtures and its competitors.
Is Focus Lighting and Fixtures' Scaled Net Operating Assets too high?
Focus Lighting and Fixtures' current Scaled Net Operating Assets is 0.69. Overall, Focus Lighting and Fixtures has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Focus Lighting and Fixtures' Scaled Net Operating Assets compare to SN and SGI?
Focus Lighting and Fixtures' Scaled Net Operating Assets of 0.69 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Scaled Net Operating Assets depends on the Furnishings, Fixtures & Appliances 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 Focus Lighting and Fixtures and its competitors. Focus Lighting and Fixtures's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Lighting and Fixtures stock overvalued right now?
Based on GuruFocus' analysis, Focus Lighting and Fixtures (NSE:FOCUS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹114.84, compared to a current price of ₹83.04 — trading 27.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.69. Focus Lighting and Fixtures' overall GF Score™ is 95/100 with 6 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 Focus Lighting and Fixtures (NSE:FOCUS), the current Scaled Net Operating Assets is 0.69 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 Focus Lighting and Fixtures (NSE:FOCUS) Overvalued in 2026?

Based on GuruFocus' analysis, Focus Lighting and Fixtures stock appears to be undervalued. The current stock price of ₹83.04 is trading 27.7% below its estimated GF Value™ of ₹114.84. GuruFocus considers Focus Lighting and Fixtures to be Modestly Undervalued.

Key valuation signals for NSE:FOCUS:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: ₹114.84 vs. price of ₹83.04 (27.7% below fair value)
  • GF Score™: 95/100 with 6 warning signs

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


Focus Lighting and Fixtures Business Description

Address Sonawala Road, Near Udyog Bhavan, 1007-1010, Corporate Avenue Wing A, IndusInd Bank Limited, Goregaon East, Mumbai, MH, IND, 400063
Focus Lighting and Fixtures Ltd provide lighting fixtures. The company has two reportable segments namely trading and manufacturing activities. It generates maximum revenue from the Trading segment. The company products include cabinet lights, lighting systems, pendants, recessed, semi-recessed, surface, track, and trimless.
95GF 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.

₹83.04
Price
₹114.84
GF Value