Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Comvita's operating assets for the quarter that ended in Dec. 2025 was NZ$154.1 Mil. Comvita's operating liabilities for the quarter that ended in Dec. 2025 was NZ$28.1 Mil. Comvita's Total Assets for the quarter that ended in Jun. 2025 was NZ$173.3 Mil. Therefore, Comvita's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.73.
Comvita Scaled Net Operating Assets Related Terms
Comvita Scaled Net Operating Assets Historical Data
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The historical data trend for Comvita'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.
NZSE:CVT vs KHC, GIS, HRL: Scaled Net Operating Assets Comparison
For the Packaged Foods subindustry, Comvita'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.
Comvita Scaled Net Operating Assets vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Comvita's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Comvita'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 0.73 mean?
Comvita (NZSE:CVT) has a Scaled Net Operating Assets of 0.73 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Comvita and its competitors.
Is Comvita's Scaled Net Operating Assets too high?
Comvita's current Scaled Net Operating Assets is 0.73. Overall, Comvita has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comvita's Scaled Net Operating Assets compare to KHC and GIS?
Comvita's 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 Comvita and its competitors. Comvita'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 Comvita stock overvalued right now?
Based on GuruFocus' analysis, Comvita (NZSE:CVT) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$1.19, compared to a current price of NZ$0.72 — trading 39.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.73. Comvita's overall GF Score™ is 48/100 with 10 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 Comvita (NZSE:CVT), the current Scaled Net Operating Assets is 0.73 as of Dec. 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 Comvita (NZSE:CVT) Overvalued in 2026?
Based on GuruFocus' analysis, Comvita stock appears to be undervalued.
The current stock price of NZ$0.72 is trading 39.5% below its estimated GF Value™ of NZ$1.19.
GuruFocus considers Comvita to be Possible Value Trap.
Key valuation signals for NZSE:CVT:
Scaled Net Operating Assets: 0.73
GF Value™: NZ$1.19 vs. price of NZ$0.72 (39.5% below fair value)
No single metric tells the full story. See the NZSE:CVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Comvita Ltd is a New Zealand based company. It is engaged in the development and marketing of natural health and wellbeing products. Its products include manuka honey, manuka honey extract, nutritional oils, royal jelly, olive leaf extract, and other products. The company's geographical segments include Greater China, ANZ, Rest of Asia, North America, and EMEA. It derives a majority of its revenue from Greater China.
48GF Score
Get the complete analysis for NZSE:CVT
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