SSI Group (PHS:SSI) Scaled Net Operating Assets: 0.61 (As of Mar. 2026)


PHS:SSI SSI Group Inc PHS:SSI
89 GF Score
Price ₱2.34
GF Value ₱3.49
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is SSI Group Scaled Net Operating Assets?

SSI Group PHS:SSI +4.00% 89 Scaled Net Operating Assets is 0.61 as of Mar. 2026. GuruFocus rates PHS:SSI with a GF Score™ of 89/100 and a GF Value™ of ₱3.49 (Significantly Undervalued). The stock has 4 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.

SSI Group's operating assets for the quarter that ended in Mar. 2026 was ₱24,774 Mil. SSI Group's operating liabilities for the quarter that ended in Mar. 2026 was ₱6,832 Mil. SSI Group's Total Assets for the quarter that ended in Dec. 2025 was ₱29,546 Mil. Therefore, SSI Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.61.

SSI Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SSI Group'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.

SSI Group Scaled Net Operating Assets Chart

SSI Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.46 0.58 0.63 0.64

SSI Group 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 0.57 0.61 0.67 0.61 0.61

PHS:SSI vs TJX, ROST, BURL: Scaled Net Operating Assets Comparison

For the Apparel Retail subindustry, SSI Group'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.

SSI Group Scaled Net Operating Assets vs Retail - Cyclical Industry

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

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


PHS:SSI
89GF Score
SSI Group Inc PHS:SSI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SSI Group 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.

SSI Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(24212.504-7174.181)/26586.783
=0.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29545.568 - 5333.064
=24212.504

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12190.431 - 1418.046 - 3598.204
=7174.181

SSI Group'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 )
=(24774.414-6831.971)/29545.568
=0.61

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28364.554 - 3590.14
=24774.414

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10856.508 - 1391.977 - 2632.56
=6831.971

* 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 0.61 mean?
SSI Group (PHS:SSI) has a Scaled Net Operating Assets of 0.61 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on SSI Group and its competitors.
Is SSI Group's Scaled Net Operating Assets too high?
SSI Group's current Scaled Net Operating Assets is 0.61. Overall, SSI Group has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SSI Group's Scaled Net Operating Assets compare to TJX and ROST?
SSI Group's Scaled Net Operating Assets of 0.61 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 SSI Group and its competitors. SSI Group's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSI Group stock overvalued right now?
Based on GuruFocus' analysis, SSI Group (PHS:SSI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱3.49, compared to a current price of ₱2.34 — trading 33% below its estimated fair value. The current Scaled Net Operating Assets is 0.61. SSI Group's overall GF Score™ is 89/100 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 SSI Group (PHS:SSI), the current Scaled Net Operating Assets is 0.61 as of Mar. 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 SSI Group (PHS:SSI) Overvalued in 2026?

Based on GuruFocus' analysis, SSI Group stock appears to be undervalued. The current stock price of ₱2.34 is trading 33% below its estimated GF Value™ of ₱3.49. GuruFocus considers SSI Group to be Significantly Undervalued.

Key valuation signals for PHS:SSI:

  • Scaled Net Operating Assets: 0.61
  • GF Value™: ₱3.49 vs. price of ₱2.34 (33% below fair value)
  • GF Score™: 89/100 with 4 warning signs

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

SSI Group Business Description

Address 403 Senator Gil Puyat Avenue, 6th Floor, Midland Buendia Building, Makati City, PHL, 1200
SSI Group Inc together with its subsidiaries, operates specialty retail stores in the Philippines. The company operates a retail network consists of 628 stores located within approximately 110 malls across the Philippines, including Metro Manila, Luzon, Visayas, and Mindanao. The company provides a broad range of categories and brands, from luxury and bridge apparel to casual wear and fast fashion, as well as footwear, accessories, luggage, food, home and decor, and beauty and personal care.
89GF Score

Get the complete analysis for PHS:SSI

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

₱2.34
Price
₱3.49
GF Value