Spencers Retail (NSE:SPENCERS) Scaled Net Operating Assets: N/A (As of Mar. 2026)

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NSE:SPENCERS Spencers Retail Ltd NSE:SPENCERS
57 GF Score
Price ₹34.82
GF Value ₹55.04
Valuation Possible Value Trap
! 4 Warning Signs
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What is Spencers Retail Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Spencers Retail's operating assets for the quarter that ended in Mar. 2026 was ₹13,419 Mil. Spencers Retail's operating liabilities for the quarter that ended in Mar. 2026 was ₹3,901 Mil. Spencers Retail's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, Spencers Retail's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.


Spencers Retail Scaled Net Operating Assets Historical Data

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The historical data trend for Spencers Retail'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.

Spencers Retail Scaled Net Operating Assets Chart

Spencers Retail Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.70 0.74 0.72 0.52 0.73

Spencers Retail 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 0.00 0.00 0.00 0.00 0.00

NSE:SPENCERS vs DDS, M: Scaled Net Operating Assets Comparison

For the Department Stores subindustry, Spencers Retail'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.


Spencers Retail Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Spencers Retail's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Spencers Retail's Scaled Net Operating Assets falls into.


NSE:SPENCERS
57GF Score
Spencers Retail Ltd NSE:SPENCERS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spencers Retail 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.

Spencers Retail's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(13419.319-3900.664)/13095.181
=0.73

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13958.562 - 539.243
=13419.319

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23087.775 - 10574.208 - 8612.903
=3900.664

Spencers Retail'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 )
=(13419.319-3900.664)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13958.562 - 539.243
=13419.319

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23087.775 - 10574.208 - 8612.903
=3900.664

* 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.

Is Spencers Retail (NSE:SPENCERS) Overvalued in 2026?

Based on GuruFocus' analysis, Spencers Retail stock appears to be undervalued. The current stock price of ₹34.82 is trading 36.7% below its estimated GF Value™ of ₹55.04. GuruFocus considers Spencers Retail to be Possible Value Trap.

Key valuation signals for NSE:SPENCERS:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹55.04 vs. price of ₹34.82 (36.7% below fair value)
  • GF Score™: 57/100 with 4 warning signs

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


Spencers Retail Business Description

Other Exchanges 542337:India
Address 2/4, Judges Court Road, RPSG House, Kolkata, WB, IND, 700027
Spencers Retail Ltd is engaged in the retailing of goods and caters to the domestic market. The company is engaged in developing, conducting, investing, and promoting organized retail and operates departmental stores. The company provides a wide across categories such as food, personal care, fashion, home essentials, electrical, and electronics while its specialty section covers Spencer's gourmet, patisserie, wine, and liquor. The group operates only in India.
57GF Score

Get the complete analysis for NSE:SPENCERS

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

₹34.82
Price
₹55.04
GF Value