SDHC (Smith Douglas Homes) Scaled Net Operating Assets: 0.85 (As of Jun. 2026)

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SDHC Smith Douglas Homes Corp SDHC
33 GF Score
Price $13.99
GF Value $29.07
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Smith Douglas Homes Scaled Net Operating Assets?

Smith Douglas Homes SDHC +0.07% 33 Scaled Net Operating Assets is 0.85 as of Jun. 2026. GuruFocus rates SDHC with a GF Score™ of 33/100 and a GF Value™ of $29.07 (Significantly Undervalued). The stock has 2 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.

Smith Douglas Homes's operating assets for the quarter that ended in Jun. 2026 was $578 Mil. Smith Douglas Homes's operating liabilities for the quarter that ended in Jun. 2026 was $69 Mil. Smith Douglas Homes's Total Assets for the quarter that ended in Mar. 2026 was $600 Mil. Therefore, Smith Douglas Homes's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.85.


Smith Douglas Homes Scaled Net Operating Assets Historical Data

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The historical data trend for Smith Douglas Homes'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.

Smith Douglas Homes Scaled Net Operating Assets Chart

Smith Douglas Homes Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.72 0.77 1.27 1.11 1.06

Smith Douglas Homes Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.97 0.87 0.88 0.91 0.85

SDHC vs AXR, LPA, JFB: Scaled Net Operating Assets Comparison

For the Real Estate - Development subindustry, Smith Douglas Homes'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.


Smith Douglas Homes Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Smith Douglas Homes's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Smith Douglas Homes's Scaled Net Operating Assets falls into.


SDHC
33GF Score
Smith Douglas Homes Corp SDHC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Smith Douglas Homes 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.

Smith Douglas Homes'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 )
=(544.852-39.31)/475.901
=1.06

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=557.593 - 12.741
=544.852

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=113.457 - 74.147 - 0
=39.31

Smith Douglas Homes's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(577.902-68.869)/600.187
=0.85

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=592.102 - 14.2
=577.902

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=159.146 - 90.277 - 0
=68.869

* 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 0.85 mean?
Smith Douglas Homes (SDHC) has a Scaled Net Operating Assets of 0.85 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Smith Douglas Homes and its competitors.
Is Smith Douglas Homes' Scaled Net Operating Assets too high?
Smith Douglas Homes' current Scaled Net Operating Assets is 0.85. Overall, Smith Douglas Homes has a GF Score™ of 33/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smith Douglas Homes' Scaled Net Operating Assets compare to AXR and LPA?
Smith Douglas Homes' Scaled Net Operating Assets of 0.85 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Smith Douglas Homes and its competitors. Smith Douglas Homes's current Scaled Net Operating Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smith Douglas Homes stock overvalued right now?
Based on GuruFocus' analysis, Smith Douglas Homes (SDHC) is currently considered Significantly Undervalued. The stock's GF Value™ is $29.07, compared to a current price of $13.99 — trading 51.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.85. Smith Douglas Homes' overall GF Score™ is 33/100 with 2 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 Smith Douglas Homes (SDHC), the current Scaled Net Operating Assets is 0.85 as of Jun. 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 Smith Douglas Homes (SDHC) Overvalued in 2026?

Based on GuruFocus' analysis, Smith Douglas Homes stock appears to be undervalued. The current stock price of $13.99 is trading 51.9% below its estimated GF Value™ of $29.07. GuruFocus considers Smith Douglas Homes to be Significantly Undervalued.

Key valuation signals for SDHC:

  • Scaled Net Operating Assets: 0.85
  • GF Value™: $29.07 vs. price of $13.99 (51.9% below fair value)
  • GF Score™: 33/100 with 2 warning signs

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


Smith Douglas Homes Business Description

Address 110 Village Trail, Suite 215, Woodstock, GA, USA, 30188
Smith Douglas Homes Corpis a builder of single-family homes in communities in certain markets in the southeastern and southern United States. The Company's homes and communities are targeted to first-time and empty-nest homebuyers. The Company currently operates in metropolitan Atlanta, Birmingham, Chattanooga, Central Georgia, Charlotte, Dallas-Fort Worth, Greenville, Alabama Gulf Coast, Huntsville, Nashville, Raleigh and Houston. Its operations are currently organized into ten geographical divisions which comprise two reportable segments. Its Southeast segment consists of its Atlanta, Central Georgia, Charlotte, Greenville, and Raleigh divisions. Its Central segment consists of its Alabama, Dallas-Fort Worth, Houston, Nashville, and Alabama Gulf Coast divisions.
33GF Score

Get the complete analysis for SDHC

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

$13.99
Price
$29.07
GF Value