SAH (Sonic Automotive) Scaled Net Operating Assets: 0.91 (As of Mar. 2026)


SAH Sonic Automotive Inc SAH
83 GF Score
Price $84.51
GF Value $64.31
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Sonic Automotive Scaled Net Operating Assets?

Sonic Automotive SAH +2.18% 83 Scaled Net Operating Assets is 0.91 as of Mar. 2026. GuruFocus rates SAH with a GF Score™ of 83/100 and a GF Value™ of $64.31 (Modestly Overvalued). The stock has 7 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.

Sonic Automotive's operating assets for the quarter that ended in Mar. 2026 was $6,112 Mil. Sonic Automotive's operating liabilities for the quarter that ended in Mar. 2026 was $708 Mil. Sonic Automotive's Total Assets for the quarter that ended in Dec. 2025 was $5,971 Mil. Therefore, Sonic Automotive's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.91.


Sonic Automotive Scaled Net Operating Assets Historical Data

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The historical data trend for Sonic Automotive'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.

Sonic Automotive Scaled Net Operating Assets Chart

Sonic Automotive 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 1.09 0.84 0.95 0.96 0.90

Sonic Automotive 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 0.86 0.87 0.87 0.88 0.91

SAH vs CARG, MCW, DRVN: Scaled Net Operating Assets Comparison

For the Auto & Truck Dealerships subindustry, Sonic Automotive'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.


Sonic Automotive Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sonic Automotive's Scaled Net Operating Assets distribution charts can be found below:

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


SAH
83GF Score
Sonic Automotive Inc SAH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sonic Automotive 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.

Sonic Automotive'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 )
=(5964.4-674.5)/5895.7
=0.90

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5970.7 - 6.3
=5964.4

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4902.6 - 2190.3 - 2037.8
=674.5

Sonic Automotive'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 )
=(6111.9-707.6)/5970.7
=0.91

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6117.6 - 5.7
=6111.9

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5136.3 - 2150.2 - 2278.5
=707.6

* 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 0.91 mean?
Sonic Automotive (SAH) has a Scaled Net Operating Assets of 0.91 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 Sonic Automotive and its competitors.
Is Sonic Automotive's Scaled Net Operating Assets too high?
Sonic Automotive's current Scaled Net Operating Assets is 0.91. Overall, Sonic Automotive has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sonic Automotive's Scaled Net Operating Assets compare to CARG and MCW?
Sonic Automotive's Scaled Net Operating Assets of 0.91 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Sonic Automotive and its competitors. Sonic Automotive's current Scaled Net Operating Assets is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonic Automotive stock overvalued right now?
Based on GuruFocus' analysis, Sonic Automotive (SAH) is currently considered Modestly Overvalued. The stock's GF Value™ is $64.31, compared to a current price of $84.51 — trading 31.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.91. Sonic Automotive's overall GF Score™ is 83/100 with 7 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 Sonic Automotive (SAH), the current Scaled Net Operating Assets is 0.91 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 Sonic Automotive (SAH) Overvalued in 2026?

Based on GuruFocus' analysis, Sonic Automotive stock appears to be overvalued. The current stock price of $84.51 is trading 31.4% above its estimated GF Value™ of $64.31. GuruFocus considers Sonic Automotive to be Modestly Overvalued.

Key valuation signals for SAH:

  • Scaled Net Operating Assets: 0.91
  • GF Value™: $64.31 vs. price of $84.51 (31.4% above fair value)
  • GF Score™: 83/100 with 7 warning signs

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


Sonic Automotive Business Description

Other Exchanges SA8A:Germany
Address 4401 Colwick Road, Charlotte, NC, USA, 28211
Sonic Automotive is one of the largest auto dealership groups in the United States. The company has 107 franchised stores in 18 states, primarily in metropolitan areas in California, Texas, and the Southeast, plus 18 EchoPark used-vehicle stores in 10 states, 16 collision centers, and 20 powersports locations. The franchise stores derive revenue from new and used vehicles plus parts and collision repair, finance, insurance, and wholesale auctions. Luxury and import dealerships make up about 86% of franchise new-vehicle revenue, while Honda, BMW, Mercedes, and Toyota constitute about 56% of new-vehicle revenue. BMW is the largest brand at about 23%. 2025 revenue was $15.2 billion, with Texas and California constituting 51% of the total. EchoPark's portion was $2.1 billion.
83GF 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.

$84.51
Price
$64.31
GF Value